In the next three months, Time Inc. will cut 280 jobs, whittling away at iconic titles like Sports Illustrated, Essence, and People. Time also underwent a big round of cuts in early 2007, but this is still major news. Why is it going over so quietly, especially in light of the wave of Condéfreude last month?

With the benefit of hindsight, the AOL-Time Warner merger is widely derided as a very, very bad idea. Now, on the eve of AOL’s split with Time Warner, rumors are emerging that AOL and Time Inc. are considering a “co spin-off.” Despite having both “AOL” and “Time” in the name, here’s why that merger could actually be a great idea: