Episode 37: John Huey (Editor: Fortune, Time Inc., more)

 

It might be difficult to remember, at least for our younger listeners, how vast the Time-Life empire was. At its height, during the John Huey dynasty of the late 1990s/early 2000s, the company published over 100 magazines.

Quite a rise from its humble beginning in 1922, when Henry Luce launched Time as the country’s first newsweekly. It was followed shortly by Fortune in 1930, Life in 1936, Sports Illustrated in 1954, and, finally, People in 1974. It was the largest and most prestigious magazine publisher in the world—and those five titles were the bedrock.

In 2006, Huey became the sixth editor-in-chief of Time Inc., overseeing more than 3,000 journalists. 

In an interview with New York magazine, Huey described Time Inc. as having a “public trust” and perhaps “an importance beyond profitability.” But not even a giant as powerful as Time Inc. was immune to the financial havoc brought about by the new digital age.

Huey retired in 2012, the last emperor of a vastly downsized and damaged empire. “Google sort of sucked all the honey out of our business,” he lamented then. In 2017, after Time was sold to its bitter rival Meredith Corporation, Huey tweeted “RIP, Time Inc. The 95-year run is over.”

Our George Gendron talked to Huey about Fortune’s battles with Forbes—and their pet names for each other, about giving Graydon Carter and Kurt Andersen at Spy a taste of their own medicine, about not hiring Tina Brown, and about what his mother really thought he should’ve done with his life.