Time (styled within the magazine as
TIME) is an American weekly
news magazine published in
New York City. It was founded in 1923 and for decades was dominated by
Henry Luce, who built a highly profitable stable of magazines. A European edition (
Time Europe, formerly known as
Time Atlantic) is published in London and also covers the Middle East, Africa and, since 2003, Latin America. An Asian edition (
Time Asia) is based in
Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the
Pacific Islands, is based in
Sydney, Australia. In December 2008,
Time discontinued publishing a Canadian advertiser edition.