Time Magazine"American weekly newsmagazine, published in New York City. Time was the creation of two young journalists, Henry R. Luce and Briton Hadden, who wanted to start a magazine that would inform busy readers in a systematic, concise, and well-organized manner about current events in the United States and the rest of the world. With Hadden as editor and Luce as business manager, they brought out the first issue on March 3, 1923. Time’s format became standard for most other general newsmagazines, consisting of dozens of short articles tersely summarizing information on subjects of importance and general interest and arranged in “departments” covering such fields as national and international affairs, business, education, science, medicine, law, religion, sports, books, and the arts."
Britannica, T. Editors of Encyclopaedia. "Time." Encyclopedia Britannica, October 7, 2024. https://www.britannica.com/topic/Time-American-magazine.