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Canadian Magazine Industry News
19 February 2009, NEW YORK CITY
Time Inc. and Source Interlink reach agreement
Folio: reports that Source Interlink will resume distributing Time Inc. titles, settling a dispute lawsuit filed by the wholesaler against the publisher last week.
See related stories in the right-hand column for background.Under the new, multi-year agreement, Time Inc. will not have to pay the per-copy fees.
"This agreement is effective immediately and assures that we can continue to supply all our mainstream, specialty and international customers with the popular Time titles," said Source chairman and CEO Greg Mays in a statement.
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