• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Nexo

Time Inc. Accepts Bitcoin, So What?

Adam James by Adam James
8 years ago
in Bitcoin, Companies, News, News teaser, Press releases
0
Advertisement

Time Inc accepts Bitcoin for subscriptions. This means that consumers can now pay for digital and print subscriptions of Fortune, Health, This Old House and print subscriptions of Travel + Leisure using bitcoin. Big whoop. Why should I care that one of the biggest media companies now accepts a virtual currency? Good question, keep reading.

“Why is this important”

Time Inc. is responsible for zip-codes…and is one of the biggest media companies in the world. This could provide a domino effect with other giant media companies accepting bitcoin. Pretty soon you could see bitcoin on your favorite Media Monitor (M.M – you heard it here first folks) as a means for direct payment to for a ShamWow5.0 infomercial being sold by hologram of Billy Mays.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

reddit_future_of_bitcoin

What Happened

Time Inc is using Coinbase as a payment processor to manage their bitcoin transactions. Time Inc using Coinbase adds another notch on Coinbase’s belt as they have some of the most prominent companies that accept bitcoin using their service. Read about Coinbase and Dish Network here.

History of Time Inc

Time Inc. was created in 1922 by Henry Luce and Britton Hadden after losing their jobs. The first publishing of Time was published in 1923. Hadden died suddenly in 1929 and therafter Luce expanded the media company very aggressively. Luce launched the business magazine Fortune in February 1930 and created/founded the pictorial Life magazine in 1934, and launched House & Home in 1952 and Sports Illustrated in 1954.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

A leader in Innovation

Time Inc. adopting Bitcoin should not come as a shock based on the history of the company making strategic and innovative moves. For example:

In 1963, recommendations from Time Inc. based on how it delivered magazines led to the introduction of ZIP codes by the United States Post Office.

In 2008, Time Inc. launched Maghound – heralded as the Net-Flix for magazines – is an internet-based magazine membership service that features approximately 300 magazine titles from both Time Inc. brands and external publishing companies. (Service was later merged with Time Inc. Newstand)

On January 19, 2010, Time Inc acquired StyleFeeder, a personal shopping engine. (Time Inc. would later merge this service as People StyleWatch)

90 brands under Time Inc umbrella

Brands under Time Inc. include:

    • Fortune
    • Essense
    • Sports Illustrated
    • People
    • Time
    • Money
    • Leasure + Travel

and much much more. Check out their full list here.

What this means for Media/Advertising industry and Bitcoin

time_btc_screenshot

What this means for Bitcoin? Keep in mind that a few years ago all you could buy with Bitcoin was alpaca socks and a few years previous to that, Bitcoin existed on paper. We have come a long way. As for the price? Probably won’t affect it, if we’ve learned anything is that when big companies come around and accept Bitcoin the price goes down but the value increases.

Is this good or bad for bitcoin? What are your thoughts? Voice your opinion below.

Oh yes and subscribe to Time Inc via bitcoin here!

What do you think about Time Inc’s move in accepting Bitcoin?

photosource1:reddit
photosource2:screenshot

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Adam James

Adam James

Adam James lives in Budapest and is the Managing Editor of Bitcoinist.com. He digs Gibson guitars that sound like Tyrannosauruses, Romantic & Victorian poetry, Franco-era Spanish films, LPs, Chelsea FC, Bob Dylan, Pilot G2 10s, black coffee, video games, and cryptocurrency.

Related Posts

Unique Bear Market Investments For Q3, 2022; Gnox (GNOX), Tron (TRX), And Shiba Inu (SHIB)

Unique Bear Market Investments For Q3, 2022; Gnox (GNOX), Tron (TRX), And Shiba Inu (SHIB)

39 mins ago
Oslo Freedom Forum, Lyn Alden screenshot

3 Lessons From The Oslo Freedom Forum: BTC Is Different – Neigut, Alden, Feinstein

8 hours ago
Bitcoin

Bitcoin Funding Rate Turns Deep Red, Short Squeeze Soon?

14 hours ago
Legal Experts Reveal Regulatory Uncertainty Around Crypto Could Spike Lawsuits

Legal Experts Reveal Regulatory Uncertainty Around Crypto Could Spike Lawsuits

20 hours ago
Quality Investment For Bullish Returns: Gnox (GNOX), UniSwap (UNI) And Solana (SOL)

Quality Investment For Bullish Returns: Gnox (GNOX), UniSwap (UNI) And Solana (SOL)

20 hours ago
LBank Exchange Will List DEBT on July 5, 2022

LBank Exchange Will List DEBT on July 5, 2022

23 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.