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

Other news stories related to: "Big buys give Hearst second life"


Harvill Secker buys new Nesbo

Written By: Charlotte Williams Publication Date: Wed, 22/06/2011 - 09:12 Harvill Secker has acquired another novel featuring inspector Harry Hole by bestselling Norwegian crime author Jo Nesbø. Editor Briony Everroad bought UK and Commonwealth rights excluding Canada to Phantom in a one-book... Continue reading at The Bookseller

[ The Bookseller | 2011-06-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #harvill secker #salomonsson agency #niclas salomonsson #one-book deal


Social enterprise group buys Garforth indie

Written By: Lisa Campbell Publication Date: Wed, 22/06/2011 - 09:14 A social enterprise group has bought a struggling bookshop in a bid to support community spirit and help prevent loneliness. The Baraka Foundation runs two coffee shops and recently bought Garforth Bookshop in Garforth, near... Continue reading at The Bookseller

[ The Bookseller | 2011-06-22 00:00:00 UTC ]
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Osprey on lookout for new buys after refinancing

Written By: Benedicte Page Publication Date: Mon, 20/06/2011 - 14:14 Osprey Group has completed a "major" refinancing to fund expansion. The publisher, which targets enthusiasts in specialist areas such as military history, heritage and antiques, has obtained £4m from London-based private... Continue reading at The Bookseller

[ The Bookseller | 2011-06-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #military history


Accent buys book by progeria-sufferer Okines

Written By: Graeme Neill Publication Date: Thu, 16/06/2011 - 15:40 Accent Press has bought world rights to a memoir by Hayley Okines, who suffers from a rare genetic condition that means she ages eight times faster than healthy people. read more Continue reading at The Bookseller

[ The Bookseller | 2011-06-16 00:00:00 UTC ]
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Google Officially Buys Admeld

Last week, TechCrunch reported that Google was in talks to buy display advertising company Admeld for $400 million. Now, it looks like the deal has been closed. Google announced Monday that it had signed a deal to officially acquire Admeld. Financial terms of the acquisition weren't disclosed,... Continue reading at AdWeek

[ AdWeek | 2011-06-14 00:00:00 UTC ]
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Quercus buys football title by Constable editor

Written By: Charlotte Williams Publication Date: Mon, 13/06/2011 - 08:45 Quercus has acquired a history of Latin American football, written by Constable publishing director Andreas Campomar. read more Continue reading at The Bookseller

[ The Bookseller | 2011-06-13 00:00:00 UTC ]
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Google in Talks to Buy AdMeld for $400 Million

Google is in talks to buy AdMeld, a display advertising company, for $400 million, according to the New York Times. TechCrunch first reported the acquisition, but inside sources told the Times that the deal hadn’t been finalized and that negotiations could still fall apart. An acquisition of... Continue reading at AdWeek

[ AdWeek | 2011-06-11 00:00:00 UTC ]
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Octopus buys book by "People's Supermarket" star

Publication Date: Fri, 10/06/2011 - 10:36 Octopus has acquired a vegetable cookery title by chef, eco-restauranteur and star of "The People's Supermarket" Arthur Potts Dawson. Publishing director Stephanie Jackson acquired world rights to Eat Your Veg from Sophie Laurimore of Factual... Continue reading at The Bookseller

[ The Bookseller | 2011-06-10 00:00:00 UTC ]
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Northstar Travel Media Buys PhoCus Wright Inc.

Northstar Travel Media has acquired PhoCus Wright, Inc. a b-to-b information company serving the travel and meetings industries. PhoCus Wright offers the annual PhoCus Wright Conference, which serves global travel industry leaders. PhoCus Wright founder Philip Wolff will become chairman of the... Continue reading at Folio Magazine

[ Folio Magazine | 2011-06-10 00:00:00 UTC ]
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Quercus buys biography of boxing champion Haye

Written By: Charlotte Williams Publication Date: Thu, 09/06/2011 - 15:14 Quercus has acquired an authorised biography of WBA world heavyweight boxing champion David Haye. Non-fiction publishing director Richard Milner bought world rights in Making Haye: The David Haye Story by sports writer... Continue reading at The Bookseller

[ The Bookseller | 2011-06-09 00:00:00 UTC ]
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Constable buys into optimism

Written By: Charlotte Williams Publication Date: Fri, 03/06/2011 - 09:59 Constable & Robinson has acquired a non-fiction title about looking on the bright side by University College London neuroscientist Tali Sharot. Commissioning editor Jamie Joseph, who is building the publisher's... Continue reading at The Bookseller

[ The Bookseller | 2011-06-03 00:00:00 UTC ]
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BEA: big ideas, B&N and global brands

Written By: Gayle Feldman Publication Date: Fri, 03/06/2011 - 08:50 Like much of our world, BEA has shrunk but also expanded. read more Continue reading at The Bookseller

[ The Bookseller | 2011-06-03 00:00:00 UTC ]
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Hearst Completes Most of Lagardere Acquisition, Including Hachette in U.S.

Hearst Corp. announced today that it has completed the U.S. portion and the majority of its $919 million acquisition of Lagerdere SCA's nearly 100 magazines outside the French market. The deal, which had been undergoing regulatory approval in 15 different countries, was expected to close in the... Continue reading at Folio Magazine

[ Folio Magazine | 2011-05-31 00:00:00 UTC ]
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The Big Uneasy: ALA Preview 2011

Managing budget pressure is a way of life for library administrators. But as librarians gather in New Orleans for the 2011 ALA Annual Conference, a snapshot of public library budgets across the nation shows the lingering "Great Recession" is still devastating library services—even as demand for... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-05-30 00:00:00 UTC ]
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Aurum buys spy's story

Written By: Benedicte Page Publication Date: Tue, 24/05/2011 - 08:25 Sam Harrison at Aurum has bought a biography of Cold War spy George Blake by journalist Roger Hermiston. Harrison acquired UK and Commonwealth rights for a "significant" five figure sum from Andrew Gordon at David Higham... Continue reading at The Bookseller

[ The Bookseller | 2011-05-24 00:00:00 UTC ]
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Three Reasons To Buy The New York Times

Is the time ripe to place a bet on a brighter and profitable future for the grand dame of the publishing world? Continue reading at Editor & Publisher

[ Editor & Publisher | 2011-05-24 00:00:00 UTC ]
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Angry Robot buys hardboiled fantasy

Written By: Graeme Neill Publication Date: Mon, 23/05/2011 - 09:20 Angry Robot has bought two "supernatural urban fantasies" by author Chris Holm. Publishing director Marc Gascoigne bought world rights across all formats from Jennifer Jackson at the Donald Maass Agency in New York. read more Continue reading at The Bookseller

[ The Bookseller | 2011-05-23 00:00:00 UTC ]
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Pan Macmillan buys The Killing novelisations

Written By: Charlotte Williams Publication Date: Mon, 23/05/2011 - 09:39 Pan Macmillan has acquired the novelisations to Danish TV series "The Killing", shown on BBC4 in the UK this spring and which triumphed at last night’s Baftas. Senior commissioning editor for fiction Trisha Jackson... Continue reading at The Bookseller

[ The Bookseller | 2011-05-23 00:00:00 UTC ]
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Upcoming Yale Publishing Course Features Speakers from Hearst, Dwell, Glamour

For the second year, Yale University will offer a publishing course aimed at long-time magazine industry professionals, slated to begin on with a keynote address from Richard Stolley, senior editorial adviser at Time Inc., on Sunday, July 10. The course will run through Friday, July 15. Continue reading at Folio Magazine

[ Folio Magazine | 2011-05-17 00:00:00 UTC ]
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HCCB buys two from Willis

Written By: Graeme Neill Publication Date: Mon, 16/05/2011 - 15:19 HarperCollins Children's Books has bought two books from Silver Smarties Prize-winning author Jeanne Willis. Editorial director Harriet Wilson bought world rights, including TV, film and merchandising, from Catherine Clake at... Continue reading at The Bookseller

[ The Bookseller | 2011-05-16 00:00:00 UTC ]
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