American Media Inc. Acquires Bauer’s Celeb and Teen Titles

The great year of consolidation continues in the mass-market magazine space. National Enquirer publisher American Media Inc. announced Friday that it has acquired 13 celebrity and teen titles from Bauer Media USA—including In Touch, Life & Style, Closer, J-14, and the recently launched Teen Boss. The deal is expected to close on July 1. Arriving just over a year after AMI acquired Us Weekly from Wenner Media, the purchase leaves the David Pecker-led company with a dominant position on teen and celebrity magazine racks across the country. A joint statement from the companies says that Bauer will focus its U.S. efforts on its women's titles, First for Women and Woman's World, among others, an area in which Bauer says it maintains a "lead position." Regardless, the move represents a significant step back in the U.S. for the German-based company, in a year that's already seen the mergers of Hearst Magazines and Men's Health publisher Rodale; Time Inc. and Meredith Corp.; and the effective dissolution of the aforementioned Wenner Media. AMI reportedly had interest in acquiring at least some of the titles currently up for sale by Meredith Corp., including Time and Fortune, until Meredith CEO Tom Harty publicly confirmed, in March, that those titles will not be sold to Pecker. Signs of a coming shakeup at the Bauer titles first arose in May, when the Post reported that Alexander Hitchen, news editor for In Touch, Life & Style, and Closer, was out after three years with... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-06-15 00:00:00 UTC ]

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Once a Side Gig, Licensing Has Become a Crucial Revenue Source for Publishers

Execs from Meredith Corp., Penske Media, and Nylon on the ways brand licensing extends well beyond selling the rights to a logo. The post Once a Side Gig, Licensing Has Become a Crucial Revenue Source for Publishers appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-05-01 00:00:00 UTC ]
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The Economist Taps New Publisher and COO | People on the Move

Meredith Corp. names a publisher for Allrecipes, Glamour hires an art director from Cosmo, and more media moves this week. The post The Economist Taps New Publisher and COO | People on the Move appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-04-13 00:00:00 UTC ]
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Meredith Corp. Shuffles Sales Structure Amid Ongoing Time Inc. Integration

Six group publishers will each oversee a handful of brands, reporting to Meredith Magazines president Doug Olson. The post Meredith Corp. Shuffles Sales Structure Amid Ongoing Time Inc. Integration appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-03-26 00:00:00 UTC ]
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Meredith plans to axe 1,200 jobs and sell Time, Fortune, Sports Illustrated

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell flagship publication Time as well as Sports Illustrated, Fortune and Money after completing a review of the $1.8 billion deal.The company also intends to eliminate about 1,000 jobs over the next 10... Continue reading at Advertising Age

[ Advertising Age | 2018-03-22 00:00:00 UTC ]
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Meredith Is Putting a Number of Newly Acquired Titles Up for Sale, Including Sports Illustrated

Meredith Corp. CEO Tom Harty had some big news to share with Time Inc. staffers during a town hall yesterday in New York: Legendary (and newly acquired) titles Sports Illustrated, Fortune, Money and Time will be sold. The Iowa-based Meredith owns monthly magazines that target women, including... Continue reading at AdWeek

[ AdWeek | 2018-03-22 00:00:00 UTC ]
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Meredith plans to sell off Time, Fortune and Sports Illustrated and cut 1,000 jobs

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the Money brand, after completing a review of the $1.8-billion deal. The company also intends to eliminate about 1,000 jobs over... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-22 00:00:00 UTC ]
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Apple Is Buying Texture, the So-Called 'Netflix for Magazines,' in Subscription Push

Apple is acquiring Texture, a digital magazine servicedubbed by media industry observers as "Netflix for magazines"that lets users subscribe to more than 200 titles for $9.99 a month.Texture, offered via the app stores of Apple, Google and Amazon.com Inc., bolsters Apple's efforts in online... Continue reading at Advertising Age

[ Advertising Age | 2018-03-12 00:00:00 UTC ]
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Meredith’s Focus on Magazines for Women Will Likely Mean Selling SI and Time

The 2018 Sports Illustrated Swimsuit Issue is out today, with 2017 SI Rookie Danielle Herrington gracing this year's cover. Former SI cover model Tyra Banks first shared the news with Herrington in a video posted to SI.com this morning. This year's Swimsuit Issue is unique in that the first... Continue reading at AdWeek

[ AdWeek | 2018-02-14 00:00:00 UTC ]
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Layoffs Continue at Hearst Magazines After Rodale Acquisition

At least 50 more employees have been let go as the integration continues, per sources. The post Layoffs Continue at Hearst Magazines After Rodale Acquisition appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-02-14 00:00:00 UTC ]
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Outside Names New Digital GM | People on the Move

Writer's Digest gets a new editor; a series of staff changes at Hearst Magazines, and more people on the move this week... The post Outside Names New Digital GM | People on the Move appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-01-26 00:00:00 UTC ]
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Amy Odell Exits Cosmopolitan.com, Hearst Magazines

She'll be succeeded by Jessica Pels, site director for Marie Claire. The post Amy Odell Exits Cosmopolitan.com, Hearst Magazines appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-01-25 00:00:00 UTC ]
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What's behind the Time Inc. takeover?

Time Inc. decided that if its famous magazine titles such as Time, People and Sports Illustrated were going to survive the wrenching shift from print publishing to digital viewership, the company couldn’t do it alone. And so Time agreed to be acquired by another magazine publisher, Meredith... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-28 00:00:00 UTC ]
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Meredith Corp. to acquire Time Inc. for $2.8 billion

Magazine publisher and broadcast company Meredith Corp. said Sunday afternoon it will acquire Time Inc. in a deal valued at $2.8 billion, a further sign of the steep challenges facing the print magazine industry. The Des Moines, Iowa-based company said in a statement that it has agreed to pay... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-27 00:00:00 UTC ]
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The Koch brothers have reportedly put up $550m to buy Time Inc – why?

The rightwing billionaires are believed to be backing Meredith’s bid for the renowned media group but it is not the most obvious move for the brothersThe Koch brothers don’t usually court media attention so why are the rightwing billionaire businessmen suddenly so interested in Time Inc, the... Continue reading at The Guardian

[ The Guardian | 2017-11-17 00:00:00 UTC ]
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Musical.ly debuts original mini-shows from NBC and MTV

Musical.ly debuts its first original shows today -- the first of a few it will be rolling out over the coming weeks. The company has signed original content deals with entertainment groups Viacom, NBCUniversal and Hearst Magazines. Continue reading at Engadget

[ Engadget | 2017-06-16 00:00:00 UTC ]
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Careers Website Ladders Inc. Surveys Workplace Millennials

Heidi N. Moore has been in the journalism game for 20 years now. She started out in the spring of 1997 as an editorial assistant at Hearst Magazines and, over the years since, has occupied a number of impressive positions including Wall Street Journal reporter, Marketplace Radio New York bureau... Continue reading at AdWeek

[ AdWeek | 2017-04-25 00:00:00 UTC ]
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Hearst Magazines and Condé Nast Joint Venture PubWorX Acquires ProCirc

Acquisition adds more than 50 new publishers and 250 more titles to portfolio. The post Hearst Magazines and Condé Nast Joint Venture PubWorX Acquires ProCirc appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-28 00:00:00 UTC ]
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Longtime EIC Dana Points is Leaving Parents Magazine

Meredith Corp. confirms Points is departing the company after eight years to "pursue a new endeavor." The post Longtime EIC Dana Points is Leaving Parents Magazine appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-11-17 00:00:00 UTC ]
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A&E to Air Hearst-Branded Content on Its Networks, Advertisers in Tow

The TV-publisher love-affair isn't over yet. A&E Networks and Hearst Magazines Digital Media are partnering to run Hearst-produced branded videos on A&E's cable networks and digital properties.As part of the deal, marketers will be able to work with the digital divisions of Hearst... Continue reading at Advertising Age

[ Advertising Age | 2016-10-28 00:00:00 UTC ]
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Cosmopolitan Names Promaulayko Editor as Coles Ascends at Hearst

Hearst Magazines on Tuesday promoted Cosmopolitan editor Joanna Coles to the newly created post of chief content officer. A few hours later, the company named her successor: Michele Promaulayko.Ms. Promaulayko is a Cosmo veteran, having served as executive editor from 2000 to 2008. She also... Continue reading at Advertising Age

[ Advertising Age | 2016-09-06 00:00:00 UTC ]
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