Time has the world's largest circulation as a weekly news magazine,and has a readership of 25 million,20 million of which are in the US.Time was created in 1923 by Briton Hadden and Henry Luce,making it the first weekly news magazine in the United States.The two had previously worked together as chairman and managing editor respectively of the Yale Daily News.It set out to tell the news through people,and for many decades the magazine's cover was of a single person.Since 2000,the magazine has been part of AOL Time Warner,which subsequently reverted to the name Time Warner in 2003.
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