×
You will be redirected back to your article in seconds

Rich Battista Named Time Inc. CEO As Joe Ripp Steps Aside for Health Reasons

Time Inc. has appointed Rich Battista, a former longtime Fox TV exec who has been with the company less than two years, as its new president and CEO.

Battista, who had been executive VP of Time Inc. and president of brands, succeeds Joe Ripp as CEO. Ripp said in an interview with CNNMoney that several weeks ago he experienced a “health incident” that prompted him to reconsider his ability to continue as chief executive officer. Ripp, 64, did not provide details on the health scare.

Ripp will continue to serve as Time Inc.’s executive chairman and has agreed to remain an employee through Sept. 30, 2018. In addition, Battista will join the company’s board.

Battista, who is 52, takes the reins as the media company has set its sights on cranking up its digital and video businesses to offset print revenue declines.

“I am deeply grateful to have had the opportunity to lead this tremendous company for the past three years, and I am excited about its future,” Ripp said in a statement. “As we look to the next phase of our strategy, Rich is the right choice to execute our plans and deliver shareholder value.”

Battista commented, “During this dynamic time in media, we are transforming Time Inc. to a cross-media company and are uniquely positioned to leverage our brands, scale, data and insights to significantly grow new lines of business in service to advertisers, marketers and consumers.”

Among other initiatives, Battista spearheaded the development and launch this week of the People/Entertainment Weekly Network, a free over-the-top video service aimed at capturing TV ad dollars with longer-form content.

Battista, prior to joining Time Inc. in March 2015, served as CEO of Mandalay Sports Media. Over a period of more than 18 years, Battista held numerous senior management roles at Fox Television, where he was integral in conceiving of, building and operating its portfolio of networks. He was CEO of Gemstar-TV Guide International from 2004 to 2008.

Battista originally joined Time Inc. to head People and Entertainment Weekly, and later added oversight of Sports Illustrated Group and the company’s video division. In July, he was elevated to executive VP and president of brands overseeing the company’s U.S. media properties.

More Digital

  • Martin Kon - YouTube

    YouTube Hires Consultant Martin Kon as VP of Strategy

    Google’s YouTube tapped Martin Kon, who has worked as a tech, media, and telecoms consultant for more than two decades, as VP of strategy. Kon, based at YouTube’s headquarters in San Bruno, Calif., reports to chief business officer Robert Kyncl. Kon will work with YouTube senior execs to help formulate the long-term vision of the [...]

  • Sonos One

    Sonos Sues Competitor Bluesound for Patent Infringement

    Smart speaker maker Sonos has sued Lenbrook Industries, the company behind the audio brand Bluesound, for patent infringement. It’s the second such lawsuit from Sonos against a competitor, which has also been using its patents to gain concessions from the makers of voice assistants. In the lawsuit filed late last week in a California court, [...]

  • tubi tv roku

    Ad-Supported Video Service Tubi Tops 20 Million Monthly Active Users

    Ad-supported video service Tubi broke its own audience records in May: Tubi, which positions itself as a free alternative to Netflix, surpassed 20 million monthly active users last month, the company said Monday. The service’s users viewed more than 94 million hours of programming in May, according to Tubi, which also claimed to have brought [...]

  • First Media - Chris Athanassopoulos, Jocelyn

    First Media Names Chris Athanassopoulos CFO, Jocelyn Johnson as SVP of Brand

    First Media, the media company focused on millennial women audiences whose brands include BabyFirst TV, announced two new members of its executive team as it eyes expansion in 2019. Chris Athanassopoulos, previously Twentieth Century Fox’s VP finance for worldwide TV distribution, has joined First Media as its chief finance officer. (First Media’s previous CFO, Karl [...]

  • Chris Thorne - Beats

    Apple's Beats by Dre Taps Chris Thorne as Chief Marketing Officer

    Beats by Dr. Dre, Apple’s audio-products subsidiary, announced Chris Thorne — whose past gigs have included stints at EA and Jessica Alba’s The Honest Co. — as its chief marketing officer. Thorne takes on the CMO role after the departure earlier this year of Jason White, formerly Beats’ EVP and global head of marketing, who [...]

  • 76th ANNUAL GOLDEN GLOBE AWARDS --

    Viacom Partners With Tyler Perry for BET Plus Streaming Service

    Viacom’s BET Networks has teamed with Tyler Perry to create a subscription streaming service that combines the prolific auteur’s library of movies and TV shows with BET’s programming vault. The service dubbed BET Plus will bow in the fall with a handful of original series and productions and a deep library offering that will be [...]

More From Our Brands

Access exclusive content