Rich Battista became President and Chief Executive Officer of Time Inc. in September 2016. Time Inc. is one of the largest media companies in the world. Its influential brands—such as Time, People, Sports Illustrated, InStyle and Real Simple—reach more than 170 million people each month across multiple platforms. Time Inc. UK is one of the largest publishers in the UK.
Most recently, Rich served as Executive Vice President, Time Inc. and President, Brands, where he was the primary steward of Time Inc.’s US brand portfolio, overseeing operations and strategy, brand development, editorial, video, brand marketing and public relations. He joined Time Inc. in April 2015 as EVP and President of PEOPLE and Entertainment Weekly. In January 2016, he expanded his role, becoming President, Entertainment & Sports and Video.
At the company, Rich has led initiatives to strategically extend the company’s core brands into such areas as video, television, experiential, social and e-commerce, transitioning Time Inc. into a multimedia, multi-platform enterprise. He has built new revenue streams and assets through brand development, acquisitions, investments and strategic partnerships.
In Rich’s tenure at the company, he has led the launch of Time Inc.’s first OTT network, the People/Entertainment Weekly Network, a free advertiser-supported streaming video service. He also oversaw the launch of Instant, a groundbreaking mobile, all-video platform about and by the “new famous,” the People Shop e-commerce website and various television projects, including the People’s List on ABC and People Magazine Investigates on Discovery ID. In experiential, Entertainment Weekly launched two new live event franchises, PopFest and ConX, and Sports Illustrated launched the “Fashionable 50” event and expanded its swimsuit franchise to the “Summer of Swim” festival. Rich also spearheaded the acquisition of HelloGiggles, a mobile and social-first millennial women’s brand.
A 25-year veteran of the entertainment and media industry, Rich has significant experience in launching, building and managing large-scale businesses across various media platforms, both traditional and digital, and at various stages of development. Prior to joining Time Inc., he served as CEO of Mandalay Sports Media, where he led the media and content enterprise by creating, acquiring and investing in businesses and assets across the sports media landscape.
During a period of more than 18 years, Rich held numerous senior management roles at Fox, where he was integral in conceiving of, building and operating its significant portfolio of leading cable networks. As President of Fox's National Cable Networks, he oversaw the multi-billion-dollar portfolio of entertainment and sports networks, including FX, National Geographic Channel, Speed Channel and Fox Deportes. His prior roles included Executive Vice President, Business Development and Strategy for Fox Entertainment Group; Executive Vice President, Fox Television; and Executive Vice President of Fox Sports International.
As CEO of the publicly traded Gemstar-TV Guide International from 2004 to 2008, Rich was the chief architect of the company’s turnaround, which included the revitalization of TV Guide magazine, TV Guide Network, TV Guide Online and other digital businesses. He directed the sale of the company for $2.3 billion in 2008.
Rich began his career as a financial analyst at investment bank Morgan Stanley. He earned an MBA from Harvard Business School and graduated cum laude from Georgetown University, where he has served on the Board of Regents and is Founder and Chairman of the Georgetown Entertainment & Media Alliance, an alumni network of more than 4,500 entertainment and media professionals. In 2015, he was awarded Georgetown’s John Carroll Award, the University’s highest alumni honor.
Rich is based at Time Inc.’s New York headquarters. He is married and has twin sons.