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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Hearst sales appointments 'will create more joined-up brands'

The first stage of Hearst Magazines UK's commercial restructure marks a move towards creating more joined-up brands, group commercial director Matt Salmon has claimed. Continue reading at Media Week

[ Media Week | 2011-10-25 00:00:00 UTC ]
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Macmillan Children's buys Birthright trilogy

Written By: Charlotte Williams Publication Date: Mon, 24/10/2011 - 15:50 Macmillan Children's Books has acquired a new trilogy called Birthright by Elsewhere author Gabrielle Zevin, who was previously published by Bloomsbury. UK and Commonwealth rights, excluding Canada, were bought in the... Continue reading at The Bookseller

[ The Bookseller | 2011-10-24 00:00:00 UTC ]
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Heinemann buys début by Times columnist

Written By: Graeme Neill Publication Date: Fri, 21/10/2011 - 10:31 William Heinemann has bought a début novel by Times columnist Sathnam Sanghera about three generations of the same family and their Wolverhampton corner shop. Publisher Jason Arthur bought UK and Commonwealth rights, excluding... Continue reading at The Bookseller

[ The Bookseller | 2011-10-21 00:00:00 UTC ]
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Small Demons Makes Big Splash at Frankfurt Book Fair

In his closing remarks, Frankfurt Book Fair director Juergen Boos said that 2011 was a strong year for startups at the fair. Among those startups, perhaps none had a better reception than Small Demons, in Los Angeles. “We couldn’t have asked for a better first Frankfurt Book Fair,” Small Demons... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-10-21 00:00:00 UTC ]
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Authors to Get Sales Data From Three Big Publishers

Simon & Schuster, Random House and the Hachette Book Group said they would allow authors to access book sales data online, a service Amazon began providing last year. Continue reading at The New York Times

[ The New York Times | 2011-10-20 00:00:00 UTC ]
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Main makes first buy for Picador

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[ The Bookseller | 2011-10-19 00:00:00 UTC ]
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Hearst Magazines partners Race Online 2012

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[ Media Week | 2011-10-12 00:00:00 UTC ]
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Book Business Has Big Hopes for Biography of Steve Jobs

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[ The New York Times | 2011-10-07 00:00:00 UTC ]
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S&S scrums down with Greenwood buy

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[ The Bookseller | 2011-10-07 00:00:00 UTC ]
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Oneworld buys book from Private Eye journalist

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[ The Bookseller | 2011-10-06 00:00:00 UTC ]
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Transworld buys childhood memoir by MP Johnson

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[ The Bookseller | 2011-10-05 00:00:00 UTC ]
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Hearst Magazines increases profit nine-fold to £12.4m

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[ Media Week | 2011-10-04 00:00:00 UTC ]
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S&S buys US congresswoman Giffords' memoir

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[ The Bookseller | 2011-10-04 00:00:00 UTC ]
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Cornerstone buys business book from ex-Tesco c.e.o.

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[ The Bookseller | 2011-10-03 00:00:00 UTC ]
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Faber buys Al-Tawany title

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[ The Bookseller | 2011-09-30 00:00:00 UTC ]
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Hodder buys new "Never Google" series

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[ The Bookseller | 2011-09-30 00:00:00 UTC ]
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Bonnier Acquires Hearst’s Cycle World

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[ Folio Magazine | 2011-09-30 00:00:00 UTC ]
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HC buys Courtney Love memoir

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[ The Bookseller | 2011-09-29 00:00:00 UTC ]
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Conde Nast, Hearst and Meredith are in for Wednesday's launch. Time Inc. isn't, and may not get there for a while. Continue reading at AllThingsD

[ AllThingsD | 2011-09-27 00:00:00 UTC ]
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Cape buys new novels from Joe Stretch

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[ The Bookseller | 2011-09-27 00:00:00 UTC ]
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