Time Inc. Teams Up With Verizon Wireless To Provide Digital Content For The Verizon Hub

NEW YORK and BASKING RIDGE, NJ — Time Inc., the country’s largest magazine publisher and one of the largest content companies in the world, and Verizon Wireless, the nation’s leading wireless service provider, announced today that Verizon Hub users can now view short-form videos from brands like People.com®, TIME.com®, and RealSimple.com® from Time Inc. brands by simply touching the screen on the Verizon Hub. Available today from Verizon Wireless, the Verizon Hub is an easy-to-use system that puts a communications command center in the home. It bridges wireline and wireless connectivity and runs on any broadband connection – whether supplied by Verizon (FiOS Internet or DSL) or any other high-speed Internet service provider.

The Verizon Hub gives busy families information at their fingertips from an easy-to-navigate touch screen with on-demand access to an array of services and information. Now, customers will also have a robust weekly selection of more than 50 videos from Time Inc. brands, as the company readies thousands of videos to be viewed on the Verizon Hub. The participating sites include People.com, TIME.com, RealSimple.com, CNNMoney.com®, InStyle.com®, Health.com®, and MyRecipes.com®, the food portal of Time Inc.’s Lifestyle group, featuring 30,000 kitchen-tested recipes from established brands like Cooking Light®, Southern Living® and Sunset®. Videos include People.com’s popular, “What You Missed over the Weekend,” a fast-paced look at celebrity news; personal finance videos from CNNMoney.com; “Dinner Tonight” videos featuring quick and easy recipe ideas from MyRecipes.com; and special feature stories from TIME.com.

“We’re committed to providing our consumers with informative, entertaining, instructive and inspiring content however, whenever, and wherever they want it,” said Time Inc. executive vice president, Stephanie George. “The Verizon Hub is a great opportunity for our world-class brands to connect through another touch point in our consumers’ lives.”

Mike Lanman, vice president and chief marketing officer for Verizon Wireless, said, “Time Inc.’s properties include some of the most well-known brands in news, entertainment, fashion, health and cooking. The Verizon Hub puts all this information just a touch away, making it simple and convenient for a family with a busy schedule and many interests to keep up with news about everything from world events, celebrities, fashion and other information that can enhance their day.”

Pricing and Availability Customers need a wireless line of service with Verizon Wireless in order to purchase the communications command center since all billing for the Verizon Hub will be consolidated onto customers’ Verizon Wireless bills. In addition, customers need a Verizon Digital Voice plan for the Verizon Hub, which is $34.99 a month and offers unlimited calling in the U.S., Canada, and U.S. Territories, including Puerto Rico, as well as unlimited messaging to and from Verizon Wireless phones.

The Verizon Hub is available in Verizon Wireless Communications Stores across the country for $199.99 after a $50 mail-in rebate with a two-year agreement; additional cordless handsets, which can be placed throughout the home, are available for $79.99 each. For customers who do not own a wireless router, Verizon Wireless also offers a router to work with the Verizon Hub for $69.99.

For more information on Time Inc. and its brands, visit www.timeinc.com. For more information on the Verizon Hub, visit www.verizonwireless.com.

About Verizon Wireless Verizon Wireless operates the nation’s most reliable and largest wireless voice and data network, serving more than 80 million customers. Headquartered in Basking Ridge, N.J., with more than 85,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.

About Time Inc. Time Inc., a Time Warner company, is one of the largest content companies in the world. With 23 magazines and 26 web sites in the U.S., it is the country’s largest publisher. Each month, one out of every two American adults reads a Time Inc. magazine, and nearly one out of every six, who are online, visits a company web site (more than 25 million monthly unique visitors). Time Inc.’s popular brands and successful franchises extend to online, television, cable VOD, satellite radio, mobile devices, events and branded products.