Profit pursuit: Moore mulls Time Inc. cutbacks

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Three months into her new role as Time Inc. Chairman-CEO, Ann Moore is on the hunt for savings, hoping to slash $100 million from the company's costs in '03.

Early this week, she will huddle with top managers in Birmingham, Alabama-home of the company's Southern Progress Corp-to continue the budgeting process and take a closer look at titles still in "development"-Time Inc.-ese for unprofitable magazines. Among Time Inc. titles still in the red, say executives familiar with the

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