Big buys give Hearst second life

Though its headquarters building rises 46 stories over Central Park, and though its biggest magazine franchise, Cosmopolitan, sells more than a million copies on newsstands every month, Hearst Corp. is still, in some ways, little known to the general public. Certainly few people would guess that the 126-year-old publisher would be best described as a cable-television behemoth.Or that its No. 2 business, after its stakes in A+E Networks and ESPN and a joint venture with Mark Burnett, producer of Survivor, Shark Tank and The Voice, would be in business media, with particular strength in health care and financial services. Imagine the Cosmo Girl palling around with Duck Dynasty—and Milliman Care Guidelines, Zynx Health and Fitch Ratings.The empire that grew out of the newspaper chain forged by the legendary and controversial William Randolph Hearst confounds the usual notions of a legacy media giant. While its print businesses grapple with the transition to digital distribution, Hearst is galloping ahead with a more diversified portfolio and expansive media footprint than either of its rivals, Advance Publications—owner of Condé Nast—and soon-to-be spun-off Time Inc. For the third year in a row, privately held Hearst is projecting record earnings, as well as record revenue of nearly $10 billion, up from just over $9 billion in 2012, according to a spokesman. It climbed to No. 3 this year, up from No. 9 in 2012, on Crain's list of New York's biggest private companies.Steven... Continue reading at 'Crains New York'

[ Crains New York | 2013-11-17 00:00:00 UTC ]
News tagged with: #digital distribution #record revenue #early 1980s

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Big buys give Hearst second life

Though its headquarters building rises 46 stories over Central Park, and though its biggest magazine franchise, Cosmopolitan, sells more than a million copies on newsstands every month, Hearst Corp. is still, in some ways, little known to the general public. Certainly few people would guess that... Continue reading at Crains New York

[ Crains New York | 2013-11-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital distribution #record revenue #early 1980s


I beg you, don’t buy a novelty notebook for the book lover in your life this holiday season.*

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[ Literrary Hub | 2022-11-21 17:03:41 UTC ]
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Americans are buying more books—but reading fewer of them than ever. What gives?

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[ Literrary Hub | 2022-01-12 19:07:42 UTC ]
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[ Publishing Perspectives | 2020-12-02 20:32:53 UTC ]
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Presidential Memoirs Are Big Business. Will Anyone Buy Trump's?

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[ Publishers Weekly | 2020-11-13 05:00:00 UTC ]
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Who's afraid of the big (good) Second Life Book Club?

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[ Folio Magazine | 2020-07-09 18:18:12 UTC ]
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‘Practical, life-affirming, positive’: How Hearst UK is creating more uplifting content

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[ Silicon Valley Business Journal | 2020-01-03 11:00:00 UTC ]
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[ AdWeek | 2019-08-26 22:00:11 UTC ]
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Sony Gives Literary Film Division, Axed by Disney, a Second Life

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[ The New York Times | 2019-07-15 22:19:51 UTC ]
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[ Los Angeles Times | 2019-04-04 00:00:00 UTC ]
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Conservative billionaire Koch brothers give $650m to help Meredith buy Time

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[ The Guardian | 2017-11-27 00:00:00 UTC ]
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Hearst Agrees to Buy Rodale, Publisher of Men’s Health

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[ The New York Times | 2017-10-19 00:00:00 UTC ]
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Hearst Buys Rodale

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[ Publishers Weekly | 2017-10-18 00:00:00 UTC ]
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