Get Media Industry Alerts
Visit min's sister site:


Facebook  Twitter  LinkedIn   Google+   
Latest Issue »
Subscribe Now »
Get 4
Free Issues »
BREAKING NEWS & VIEWS

Paul Caine Leaves Time Inc. for Dial Global


Tuesday, March 19, 2013


Paul Caine, who as Time Inc. group president/chief revenue officer (since Sept. 2012) made him a favorite to become CEO once the publishing unit's spinoff from Time Warner was completed, resigned this morning (March 19) to become CEO of audio-content syndicator Dial Global.

The news was a surprise, because Caine had been on the Time Inc. fast track for much of his 23-year career. Over the past decade, he rose from publisher of Teen People, Entertainment Weekly and the People flagship (where, in 2006, he launched People StyleWatch) to Style & Entertainment Group president in October 2007.

That Caine was subsequently elevated to executive VP/chief revenue officer (Dec. 2010) and the aforementioned group president/CRO meant that he was a favorite of the last three Time Inc. CEOs: Ann Moore (2002-2010), Jack Griffin (2010-2011) and Laura Lang, who became a lame duck with the March 6 spinoff announcement.

Dial Global, where Caine starts on April 5, owns and produces/syndicates a slew of radio programming. Best known are the nationwide National Football League broadcasts that culminate with the Super Bowl. His mission will be to build the brand with integrated packages (his strength) and expand audio into mobile and other platforms.

Further, Caine will have to build a company where the stock price had dropped from roughly $2.50 to 22 cents per share over the past year.

He reports to board chairman Neal Schore and assumes the responsibilities of outgoing CEO Spencer Brown. President Ken Williams is also leaving.







If you have breaking news to share please contact min's editors.


Friend Us on Facebook at www.facebook.com/minOnline.

COMMENTS

min's Magazine Media Awards Breakfast
June 15 | Yale Club, NYC
Register Today

min's Integrated Marketing Awards
Entry Deadline: June 17
Enter Today

min Webinar:
How To Get Even More From Facebook

June 21 | 1:30 - 3:00 (ET)
Register Today

See all events and awards

Search Jobs
Media Jobs
Publisher
Stagnito Business Information
Randolph, NJ

Sales Director
Star Tribune Media
Minneapolis, MN

Associate Editor/Content Specialist
Specialty Food Association
New York City

Audience Development Director
Sosland Publishing Company
Kansas City, MO

Senior Writer
Angie's List
Indianapolis, IN


White Papers
Get even smarter.  Need a quick primer on a media topic? Download a white paper!

Optimizing Your Printer Services - By MRI

Media Insights: minsider Viewpoints from the Front Lines - By min


View Whitepapers
min Contests

min contests





Want to sponsor a min contest?

Inside min This Week




min
Free Eletters — Sign up Now