Barack Obama: TIME Person of the Year

Today, TIME names President Barack Obama the 2012 TIME Person of the Year. In an exclusive interview with TIME, Obama discusses the economy, his reelection and legacy.

Plus, TIME has the first look at four official White House photos, including one of Obama writing his Newtown speech while watching Sasha Obama’s ballet rehearsal this past Sunday.

TIME also shot exclusive behind-the-scenes photos and a rare portrait of the President. You can read the stories and see the photos, cover and videos now on TIME.com and tablet and on newsstands Friday, December 21.

[ Also Read: Is the TIME Right to Honor Zuckerberg of Facebook? ]

Editor Rick Stengel on Time’s selection of Obama as Time Person of the Year: “We are in the midst of historic cultural and demographic changes, and Obama is both the symbol and in some ways the architect of this new America…. For finding and forging a new majority, for turning weakness into opportunity and for seeking, amidst great adversity, to create a more perfect union, Barack Obama is Time’s Person of the Year 2012.”

[ Also Read: Can Obama Jobs Plan Reduce Poverty in America? ]

For the sixth year in a row, TIME names a Person of the Year shortlist — No. 2 Malala Yousafzai, No. 3 Tim Cook, No. 4 Mohamed Morsi, No. 5 Fabiola Gianotti — each of which will be featured for the first time on four additional covers inside the magazine.

Barack Obama

Plus, this year’s TIME Person of the Year cover features a silver border — only the fourth cover in TIME’s 89-year history without the trademark red border.

The December 31, 2012 Person of the Year issue of TIME goes on sale on Friday, December 21.

Photo courtesy: TIME

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