Market Overview

Missy Elliott to Receive 2018 ESSENCE 'Black Women in Music' Honor

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Official GRAMMY® Week Event to Take Place on January 25th
in New York City

Time Inc.'s (NYSE:TIME) ESSENCE, the number one media company
dedicated to African-American women, will celebrate multi-GRAMMY®
winner and music icon Missy Elliott with its 2018 ‘Black Women in Music'
honor on January 25, 2018 at the Highline Ballroom in New York City.

A multi-GRAMMY Award-winning rapper, singer, songwriter and producer,
Elliott has consistently pushed the boundaries of R&B, hip-hop and pop
music with a string of classic hits—including Get Ur Freak On, Work
It, Lose Control
, Lady Marmalade, Pep Rally and WTF (featuring
Pharrell), among many more. Elliott has collaborated with entertainment
giants such as Timbaland and Pharrell, as well as produced chart-topping
hits for Whitney Houston, Beyoncé and Mary J. Blige. 2015's legendary
Super Bowl Halftime show performance with Katy Perry solidified Missy's
global influence across generations. Now, following nearly a decade-long
focus on behind-the-scenes production work, she has re-emerged stronger
than ever with the release of I'm Better (featuring Lamb, and
another version with hip-hop heavyweights Eve, Lil Kim and Trina), as
well as a planned documentary on her life in music. Considered a seminal
force in the entertainment industry, Elliott is also a positive role
model: projecting strength, confidence and female empowerment to her
legion of fans. Missy Elliott is a formidable businesswoman and retains
full creative control over her music and multimedia content. After more
than two decades in hip-hop, she is still at the top of her game.

"The artistry of Missy Elliott cuts across generations—underscored by
her vast creative accomplishments and contributions to the culture,"
said Vanessa De Luca, ESSENCE Editor-in-Chief. "So prolific is her work,
she is an inspiration to women all over the world. Missy's energetic
presence is truly magnetic, and we can't wait to celebrate her as one of
the artistic masterminds of our time."

Established in 2010, ESSENCE ‘Black Women in Music' recognizes the
accomplishments of both emerging and established artists and influencers
during GRAMMY week. Previous celebrants include GRAMMY Award winners Erykah
Badu,
Jill Scott, Mary J. Blige, Kelly Rowland
and GRAMMY Award nominee Andra Day, as well as music industry
veteran Sylvia Rhone and singer/songwriter Emeli Sandé.

The 2018 ESSENCE Black Women in Music' event is sponsored
by Lincoln. Stay tuned to Essence.com
for highlights and behind-the-scenes access. Follow us on Twitter
and Instagram
@essence #BlackWomeninMusic. Join in the discussion on Facebook.

ABOUT ESSENCE:

ESSENCE is the number one media company dedicated to African-American
women, with a brand reach of 21.2 million. With a multi-platform
presence in publishing, live events and online, ECI is comprised of
Essence magazine, the preeminent lifestyle magazine for African-American
women; the ESSENCE Festival®; Black Women in Hollywood and Black Women
in Music events; Window on Our Women and Smart Beauty consumer insights
series; Essence.com;
and ventures in digital media (mobile, television and VOD).

ABOUT TIME INC.

Time Inc. (NYSE:TIME) is a leading multi-platform consumer media company
that engages over 230 million consumers globally every month. The
company's influential brands include PEOPLE, TIME, FORTUNE, SPORTS
ILLUSTRATED, INSTYLE, REAL SIMPLE, SOUTHERN LIVING and TRAVEL + LEISURE,
as well as approximately 60 diverse international brands. Time Inc.
offers marketers a differentiated proposition in the marketplace by
combining its powerful brands, trusted content, audience scale, direct
relationships with consumers and unique first-party data. The company is
home to growing media platforms and extensions, including digital video,
OTT, television, licensing, international markets, paid products and
services and celebrated live events, such as the TIME 100, FORTUNE Most
Powerful Women, PEOPLE's Sexiest Man Alive, SPORTS ILLUSTRATED's
Sportsperson of the Year, the ESSENCE Festival and the FOOD & WINE
Classic in Aspen.

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