#$190 million

Publishing news tagged with #$190 million

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Texas Monthly Acquired by Billionaire Oil Heiress Randa Duncan Williams

Less than three years after its acquisition by private equity firm Genesis Park, Texas Monthly is changing hands once again. The Austin-based regional magazine confirmed Tuesday that it's being purchased by billionaire oil heiress Randa Duncan Williams in a deal expected to close on June 30.... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-06-25 20:55:25 UTC ]
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Time magazine owner suggests it shouldn't be a weekly anymore

Time magazine's current owner has some advice for billionaire Marc Benioff and his wife, who are acquiring the iconic publication: Its days as a weekly should probably be over.Meredith Corp., the publisher that agreed to sell Time for $190 million last month, suggests that the title will need an... Continue reading at 'Advertising Age'

[ Advertising Age | 2018-10-04 00:00:00 UTC ]
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Salesforce Billionaire Marc Benioff Agrees to Buy Time Magazine

Marc Benioff, the chief executive of Salesforce. He and his wife, Lynne, have agreed to buy Time magazine from Meredith Corporation for $190 million. Continue reading at 'The New York Times'

[ The New York Times | 2018-09-17 00:00:00 UTC ]
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Another tech billionaire turns media mogul

Where Jeff Bezos goes, other tech billionaires follow. The latest titan to invest in print media is Salesforce founder Marc Benioff who, along with wife Lynne, is buying Time magazine. The pair are using $190 million from their personal fortune to bu... Continue reading at 'Engadget'