A federal appellate court has upheld the dismissal of a longstanding antitrust suit against Hearst and Time Inc.—among other current and former magazine publishers—filed by defunct wholesaler Anderson News, LLC, likely ending a legal battle so protracted that several of its original parties no longer exist. In an opinion released Monday reflecting a unanimous decision from the Second Circuit Court of Appeals, Judge Susan L. Carney wrote that the Southern District of New York had ruled correctly in 2015 when it dismissed a $371 million lawsuit brought by Anderson against six major magazine publishers, among other defendants. Anderson's suit alleged that the publishers illegally colluded to drive it out of business in response to a seven-cent surcharge Anderson attempted to impose, in early 2009, on copies of magazines it delivered to retailers on behalf of the defendants—which included the aforementioned Hearst and Time Inc., as well as American Media, Inc., Bauer Publishing, Hachette Filipacchi Media, Rodale, Hudson News, and four distributors, including Curtis Circulation, who partnered with the publishers. The publishers—who at the time accounted for 42 percent of the U.S. market for single-copy magazine sales—balked at the proposed surcharge, instead opting to go with other wholesalers such as Hudson News and News Group, and Anderson was forced to cease operations and file for bankruptcy just weeks later. Some of the defendants, including AMI, Hearst, and Time Inc.,... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2018-08-07 00:00:00 UTC ]
News tagged with:
#summary judgment
#meredith corp
At a press conference this morning, Time Inc. announced it is launching an "all access" digital subscription plan in an effort to offer their brands to readers on any platform. Continue reading at Folio Magazine
[ Folio Magazine | 2011-02-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#press conference
Hearst Corporation, parent to the National Magazine Company, has confirmed for the first time it is no longer in talks to buy BBC Magazines following its Lagardère move. Continue reading at Media Week
[ Media Week | 2011-02-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#hearst corporation
Apple has reportedly rejected Sony's reader app from the App store for selling content within the app and letting customers make purchases outside the App store (such as within the Sony Reader Store, according to The New York Times. Continue reading at Folio Magazine
[ Folio Magazine | 2011-02-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#selling content
#content sales
#app store
#reader app
Hearst Corp. announced today that it has made an offer of 651 million euros (or about $889 million) for Lagardere's international press and magazine business, including 102 titles in 15 countries, and 50 related Web sites. The deal includes publishing rights to Elle in 15 countries as well as 10... Continue reading at Folio Magazine
[ Folio Magazine | 2011-01-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#magazine business
#announced today
#digital units
#hearst corp
Hearst Corporation has made a "binding offer" of 651m (£559m) for Lagardère's international magazine business, which includes a licensing agreement for fashion magazine Elle. Continue reading at Media Week
[ Media Week | 2011-01-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#licensing agreement
#binding offer
#hearst corporation
After a month of negotiations, Hearst has made an offer to buy 102 magazine titles from the French publisher. Continue reading at The New York Times
[ The New York Times | 2011-01-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#french publisher
#media decoder
Written By: Katie Allen E-books are to be accepted for entry for the Man Booker prize for the first time in 2011 as a number of changes are made to the rules. Publishers are being asked to submit a digital version of their submissions as judges are to be supplied with e-readers for the first... Continue reading at The Bookseller
[ The Bookseller | 2011-01-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#digital version
#man booker
In two acquisitions this month, Fry Communications, a leading publication printer, has added to the array of services it offers customers. Continue reading at Folio Magazine
[ Folio Magazine | 2011-01-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#offers customers
#fry communications
#publisher services
Morgan Entrekin, holding book, publisher at Grove/Atlantic, met with booksellers at the Winter Institute book fair last week. Continue reading at The New York Times
[ The New York Times | 2011-01-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#morgan entrekin
After several stark years in which stores like Cody's in San Francisco and Davis-Kidd Booksellers in Nashville closed and the nation's second largest chain is teetering more than ever, publishers and booksellers are looking for new ways to work together. Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-01-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#largest chain