Time is an American news magazine. A European edition (Time Europe, formerly known as Time Atlantic) is published from London. Time Europe covers the Middle East, Africa and, since 2003, Latin America

Latin America

Latin America is a region of the Americas where Romance languages  – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...

. An Asian edition (Time Asia) is based in Hong Kong. The South Pacific

Oceania

Oceania is a region centered on the islands of the tropical Pacific Ocean. Conceptions of what constitutes Oceania range from the coral atolls and volcanic islands of the South Pacific to the entire insular region between Asia and the Americas, including Australasia and the Malay Archipelago...

 edition, covering Australia, New Zealand and the Pacific Islands

Pacific Islands

The Pacific Islands comprise 20,000 to 30,000 islands in the Pacific Ocean. The islands are also sometimes collectively called Oceania, although Oceania is sometimes defined as also including Australasia and the Malay Archipelago....

, is based in Sydney. In December 2008, Time discontinued publishing a Canadian advertiser edition.

Time is the world's largest weekly news magazine, and has a domestic audience of 20 million and a global audience of 25 million.

Richard Stengel

Richard Stengel

Richard "Rick" Stengel is an American editor, journalist and author and is Time magazine's 16th managing editor. While best known for his work for Time, he has written a number of books including a collaboration with Nelson Mandela on Mandela's autobiography...

 has been the managing editor since 2006.
Time magazine was created in 1923 by Briton Hadden

Briton Hadden

Briton Hadden was the co-founder of Time magazine with his Yale classmate Henry Luce. He was Time's first editor and the inventor of its revolutionary writing style, known as Timestyle...

 and Henry Luce

Henry Luce

Henry Robinson Luce was an influential American publisher. He launched and closely supervised a stable of magazines that transformed journalism and the reading habits of upscale Americans...

, making it the first weekly news magazine in the United States.