People

Could Time become the Koch Brothers' next big political play?

Could Time become the Koch Brothers' next big political play?

Glance at the celebrity gossip in People or the swimsuit issue of Sports Illustrated, and it’s not likely the billionaire Koch brothers come to mind.

But the two conservative moguls could put their stamp on the two marquee publications and, more significantly, wield control over the newsweekly Time if a reported takeover bid comes to fruition.

Meredith Corp., which publishes Family Circle and Better Homes and Gardens among other titles, recently approached Time Inc. about a deal, armed with more than $500 million in financing from Charles and David Koch, according to reports Thursday.

The news sent speculation racing through political and media circles.

The...

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