Jack Griffin is leaving his post as chief executive of Time Inc.’s magazine division after roughly six months on the job. According to an email sent out by Time Warner exec Jeffrey Bewkes, Griffin’s management style “did not mesh” with the atmosphere at Time Inc. and its parent company, Time Warner.

Some of Griffin’s decisions and suggestions which evidently did not sit well with others at the company included bringing in outside consultants, insisting that all Time Inc. magazines carry his name on their respective mastheads, and repeatedly referring to his Roman Catholic faith during meetings, even comparing Time Inc. to the Vatican.

In a surprising turn of events, the cyberspace world of new media – where defamatory statements about public figures run amok on blogs and in comments sections – is helping reduce libel cases against major publications from a steady flow of complaints to a mere trickle.

MediaWeek is reporting today that Time Inc. title Entertainment Weekly will soon be changing their publishing schedule so that the magazine will show up to its subscriber base and newsstands on Friday. This new move is meant to attract more advertising dollars from retail and food industries because readers will now get their issues in advance of the weekend. While the knee-jerk reaction by many is that this is a sure sign of EW‘s imminent demise, the truth is that it’s actually a vote of confidence by Time Inc., and more likely means that it will be around for a long time.

Since Norman Pearlstine, former Editor-in-Chief of Time Inc., joined Bloomberg as Chief Content Officer, many of the staffers at Timehave slowly been trickling over to join him. First, it was Josh Tyrangiel, who now serves as BusinessWeek’s Editor in Chief. Then, it was Arthur Hochstein, Time’s “legendary” art director, who stepped down in 2009 and will now be consulting for both BusinessWeek and Time. Who else is planning to “reunite” with Pearlstine?

In an attempt to diversify in order to combat shrinking advertising revenue, Time Inc. has purchased the e-commerce site StyleFeeder, according to the Wall Street Journal. First it was wine clubs, and now personal shopping online, as publishers scramble to pad their bottom line with extracurricular acquisitions and tie-ins. But maybe this is just the way of the future. Details inside.

The “Hulu for magazines” joint venture spearheaded by John Squires officially has a name: Next Issue Media. According to Folio, the partnership has some real heavyweights behind it: Time Inc., Meredith, Hearst, Condé Nast and News Corporation. All of which represent some serious old media muscle, but will they be able to compete in the digital marketplace?

There have been whispers in the publishing world for months now about a group solution to the print problem, in which all of the big dogs — including Condé Nast, Hearst, Meredith and Time Inc. — would come together to offer competitive marketplace solutions to widespread magazine woes. Today, they announced their big plans, including a “digital storefront” and much more.

It’s been widely reported that Time Inc. has been planning a rather significant round of lay-offs before the end of the year. The conventional wisdom around New York publishing circles was that the lay-offs would be coming after Thanksgiving. Unfortunately, that does not appear to be the case, as a Time Inc. spokesperson confirmed exclusively to Mediaite: “Yes, sadly there are layoffs today across a number of titles at Time Inc.

Some of the biggest rivals in magazine publishing are close to a deal that would combine their forces in an effort to resuscitate a dying print industry. Titans of the media world — including Condé Nast, Heart and Time Inc. — are working to form an alliance that would recreate magazines for a digital age, in a plan that includes new mobile iterations sold in an iTunes-like store, as well as print magazines, according a report in The Observer.

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?

The NY Times reports today that Time Inc. is expected to announce next week that it will cut $100 million in costs and make significant layoffs, describing this as “another blow to what is becoming an increasingly grim industry.” Well, at least some attention is off of Conde Nast.

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:

Many unanswered questions are circulating about the fate of Time Inc, the magazine division of Time Warner. Today AOL blog DailyFinance is reporting that Time Warner CEO Jeffrey Bewkes has said, “Time Inc. is not for sale.” But is the company’s CEO really the most reliable source when it comes to potential business dealings? And on a blog that he owns?

The first words of Daniel Okrent‘s cover story for Time magazine are telling: “If Detroit had been savaged by a hurricane and submerged by a ravenous flood, we’d know a lot more about it.” It is what I first thought when I saw the cover of the new issue of Time flash on the screen of Morning Joe today: Katrina. After Katrina, the cri de coeur was about saving a great American city; there has been no such cri about Detroit, save from Mitt Romney when he’d say anything to win Michigan

A Bay Area website revealed today an internal Time Inc. document outlining plans to start competing with Amazon’s Kindle and other electronic readers before the end of the year. Buried in the piece however is perhaps a more stunnign revelation – Time Inc. execs appear to have discussed the new venture with rival magazine publishers, including Conde Nast, Meredith, and Hearst. Can magazine publisher save themselves via an alliance?

Everyone wants to know what McKinsey will do with Conde Nast? And how will they do it? And what will it feel like? We’re here to answer all your McKinsey questions.

Keith Kelly reported that John Huey, the Editorial Director of Time Inc had “assembled a high-level SWAT team of in-house and external experts to revamp Fortune. “Sound familiar? Its because he’s used the same team to re-design Entertainment Weekly and Money, with little to no impact. What’s going on at Time Inc.?

As President and CEO of Meredith Corporation, Steve Lacy is second only to Time Inc.’s Ann Moore ranked in the Magazine Titan category of the Power Grid, outranking other stalwarts of print including Conde Nast’s Chuck Townsend, Hearst’s Cathie Black and Rodale’s Steve Murphy. What?

It may come as a surprise to learn that Jon Meacham is the number one Magazine Editor given that Newsweek is going through a rather dramatic repositioning and redesign – an exercise not typically taken by a healthy magazine. So why is he number one?