Time magazine was founded in 1923 in New York City. It has sometimes been claimed (since at least 2007) that the name Time stands for “The International Magazine of Events.” A search of the Time archive does not show any citation at all for “The International Magazine of Events.” There is no evidence to show that the name Time is an acronym.
 
“The International Magazine of Events” is a backronym (back acronym) first cited about 80 years after the magazine’s founding.
 
   
Wikipedia: Time (magazine)
Time (often written in all-caps as TIME) is an American weekly news magazine published in New York City. It was founded in 1923 and for decades dominated by Henry Luce, who built a highly profitable stable of magazines. A European edition (Time Europe, formerly known as Time Atlantic) is published in London and also covers the Middle East, Africa and, since 2003, Latin America. An Asian edition (Time Asia) is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney, Australia. In December 2008, Time discontinued publishing a Canadian advertiser edition.
 
Time has the world’s largest circulation for a weekly news magazine, and has a readership of 25 million, 20 million of which are based in the United States.
       
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Only Time Will Tell: TIME Magazine Publication Analysis
Posted by: Shill December 13, 2007 in Uncategorized
History in TIME
TIME magazine was created in 1923 by former Yale students Briton Hadden and Henry Luce. The pair originally worked as chairman and managing editor of the Yale Daily Newspaper. TIME was the first weekly news magazine for the United States. The magazine’s original intention can best be explained by the anachronism many, including TIME, suggest TIME actually stands for The International Magazine of Events.
 
Bookforum
How newspapers became informative
DEC 20 2007   11:00AM
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Did you know that Time actually stands for The International Magazine of Events?
     
EnglishTips.org
TIME Magazine September 8, 2008
Published by: IMABOY
(...)
In some advertising campaigns, the magazine has suggested that through a backronym the letters Time stand for “The International Magazine of Events”.
 
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Time: Product Description“The International Magazine of Events,” or Time, is considered America’s first weekly new… http://bit.ly/9JGF72
5:16 PM - 19 Feb 2010
 
Broken Secrets
TIME Stands for The International Magazine of Events
February 12, 2013 at 2:00 am Chad Upton
By Chad Upton | Editor
The first TIME magazine was published on March 3rd, 1923 and sold for fifteen cents.
 
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The name of the TIME magazine actually stands for “The International Magazine of Events”
2:00 AM - 9 May 2014