TIME Stands for The International Magazine of Events
By Chad Upton | Editor
The first TIME magazine was published on March 3rd, 1923 and sold for fifteen cents.
It’s the first and longest running weekly news magazine in the United States. There are also European, Asian and South Pacific editions.
TIME is well known for its annual “Person of the Year” edition. This special edition has been running since 1927 and can be controversial. This is most apparent in “Person of the Year” choices such as Adolf Hitler (1938) and Josef Stalin. Many people have earned the title multiple times, including Stalin in 1939 and 1942. Franklin D Roosevelt earned the title three times between 1932 and 1941. Nearly a dozen other presidents have been given the title too. Person of the year is not necessarily an honor or prize, it’s simply a recognition of influence.
Although it’s been called TIME for the better part of a century, the founders originally considered naming it Facts. Through an ad campaign, TIME was assigned the backronym, “Today Information Means Everything.” But, on the landing page for the official Kindle edition of TIME, it is referred to as “The International Magazine of Events.” I guess that explains why the name is always capitalized, TIME.