A brief history and background
Founded in 1923 in New York City by Yale graduates Henry Luce and Briton Hadden, Time was the first weekly magazine in America. Prior to the founding, both men worked on the Yale Daily News as managing editor and chairman, respectively. Hadden got his start in the news business as a writer for the school magazine of Brooklyn's Poly Prep Country Day School, while Luce edited the Hotchkiss Literary Monthly; the first proposed name was Facts. He wanted to emphasize brevity in their magazine, something a busy man could read in an hour or less; as a result, they decided to make it a concise and well organized magazine covering current events. However, due to Hadden's carefree nature, he wanted to cover more pop culture based stories, like ones about entertainment, leading to disagreements between the two on how it should be run. It became popular due to it's use of inverted sentences, iconic red border, and their most famous feature, their Person of the Year; that title is given to someone who, for whatever reason, had the biggest impact on news headlines during the year. As of September 8, 2017, the Person of the Year is President Trump.