Bloomberg: Time Inc. Exploring Sale Of Golf Magazine

Bloomberg's Gerry Smith quotes Time Inc. CEO Rich Battista as saying the venerable print title and its Golf.com website are for sale along with Coastal Living and Sunset.

In the interview, Battista called the three publications “wonderful brands” but said Time needed to invest in other properties instead. The company also publishes People and Sports Illustrated.

“It’s really important to focus on the key biggest growth drivers of this company that will move the needle the most,” he said. “These are wonderful titles and wonderful brands. They’re just relatively smaller in our portfolio.”

Meanwhile, WWD's Alexandra Steigrad reports that Golf Digest Chief Business Officer Howard Mittman has left for Bleacher Report amid rumors of more shake-ups in the Conde Nast business model.