Is Time Inc. CEO's move another sign of spin-off plans?

Updated

Time Inc. CEO Ann Moore has extended her reign at the world's largest magazine company for another three years, signing a contract extension that will carry her through 2012, reports the New York Post's Keith Kelly. It's a small bit of continuity for a company whose future is very much up in the air these days, with many observers predicting that corporate parent Time Warner (TWX) will spin off or sell the publishing unit, which lost $32 million in the most recent quarter. (Time Warner also owns DailyFinance parent AOL, although it recently disclosed plans for a spin-off.)

Does the decision to re-up Moore, who's been in the job since 2002, give any hint as to Time Warner chairman Jeff Bewkes's plans for Time Inc.? While not necessarily evidence that a spin-off is on the way, analysts say it is consistent with that scenario, which they consider a strong likelihood.

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