12/02/2009 05:12 am ET | Updated May 25, 2011

Jeff Bewkes: Time Warner Will Still Own Time Inc. In 5 Years

"Time Inc. is not for sale," Bewkes told his interviewer, journalist Jeffrey Goldberg. "People made these rumors because they want a lot of activity."...

Goldberg followed up by asking if Time Warner will still be in the magazine business in five years.

"Yeah, and I think the magazine business has plenty of expansion in it," Bewkes replied.

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