DealBreaker has been told by sources inside Time4 that all the division editors will be meeting with co-chief operating officer John Squires--aka chief executive "Ann Moore's assassin"--at 3 pm this afternoon in connection with the news that Time Inc plans to a bunch of its magazines up for sale today, including the Parenting Group and most of its Time4 Media magazines. The Time4 division consists of a group of leisure and special-interest titles that the company bought for $475 million in December 2000. The division includes titles such as Field & Stream, Popular Science and Outdoor Life. Its unclear exactly which titles will be sold off.

Time Inc. Sell-off of Titles to Begin Today [Ad Age]