Time is one of the best known weekly news magazines in the world, published in the United States. A European edition (Time Europe, formerly known as Time Atlantic) is also published from London, and covers the Middle East, Africa and (since 2003) Latin America. In addition, an Asian edition (Time Asia) is issued from Hong Kong. A Canadian edition (Time Canada) is edited from Toronto. According to many observers of the world press, Time is now the most circulated weekly magazine on the planet.
Time has the world's largest circulation for a weekly news magazine and has an audience of 26 million people, 20 million of whom are based in the United States. In 2012 it had a circulation of 3.3 million copies, becoming the 11th. magazine with the largest circulation in the United States and the second in weekly circulation, behind People. In 2015, its circulation was 3,036,602.Richard Stengel was the editor-in-chief from May 2006 to October 2013, when he joined the US Department of State. Nancy Gibbs was the editor-in-chief of the publication from 2013 to 2017, being replaced by Edward Felsenthal.
The first issue of Time was published on March 3, 1923, with Joseph G. Cannon of the US House of Representatives on the cover. Before its two main current competitors, Time invented the weekly news magazine concept. It was co-founded in 1923 by Briton Hadden and Henry Luce. Both had previously worked together at Yale University, with Hadden and Luce serving as president and managing editor, respectively, of Yale Daily News, a magazine made by the University's students. Hadden passed away in 1929, and Luce became Time's main person and a 20th-century media icon. Hadden was the looser of the two, who "touched" Luce and saw Time as important but also fun. This influenced the tone of the magazine, which many people judged not to be serious enough for serious news, and more fitting for its extensive coverage of celebrities (including politicians), the entertainment industry and popular culture.
Time became part of Time Warner in 1989 when Warner Communications and Time, Inc. merged. Since 2000, the magazine has been part of AOL Time Warner, which subsequently reverted its name back to Time Warner in 2003.
Time for Kids
Time for Kids emerged as a division of Time magazine produced especially for children, containing some national news, a weekly cartoon and others on its eight weekly pages. It also produces special editions and elects its own People of the Year. On the site, it also promotes a "children's reporter" program.
Person of the Year
The magazine's main and best-known feature is its Person of the Year nomination, which has been held since 1927 in which Time recognizes the individual or group of individuals who have had the greatest effect on the news of the year. Despite the title, the recipient is not necessarily human. In the past, even ideas and machines had the honor. For example, in 1982, the IBM PC/AT (personal computer) was named Man of the Year by Time.
The choice is often controversial. In 1938, the chosen one was Adolf Hitler. As early as 1939 and 1942, Josef Stalin received the "honour". Starting in 1999, the title was changed from "Man of the Year" to Person of the Year, to avoid the sexist suggestion. The last to receive the 1998 Man of the Year title were President Bill Clinton and prosecutor Kenneth Starr, who pursued him in the notorious scandal over the president's extramarital affair with Monica Lewinsky. Albert Einstein was the person of the century in the last issue of Time 1999.
In total, nine Brazilians have already been on the magazine's cover, including six presidents, a diplomat, a herpetologist and a footballer: Afrânio do Amaral (1929); Julio Prestes (1930); Getúlio Vargas (1