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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Faber buys new Rachel Cusk title

Written By: Charlotte Williams Publication Date: Mon, 16/05/2011 - 09:03 Faber has acquired a non-fiction title by novelist Rachel Cusk, about contemporary mid-life femininity. Publishing director Hannah Griffiths bought UK and Commonwealth rights from Tracy Bohan at the Wylie Agency. The... Continue reading at The Bookseller

[ The Bookseller | 2011-05-16 00:00:00 UTC ]
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Media Decoder: Is the iPad Just a New Way to Give Away Magazines?

American publishers have always given away their work in hopes of building up huge audiences that they can sell advertising against. Are they making a mistake in replicating that model on the iPad and other tablets? Continue reading at The New York Times

[ The New York Times | 2011-05-11 00:00:00 UTC ]
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Hearst Partner With Pictela’s IAB Portrait Advertising

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[ Folio Magazine | 2011-05-11 00:00:00 UTC ]
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Transworld buys trilogy by ex-Methvens chair

Written By: Charlotte Williams Publication Date: Mon, 09/05/2011 - 15:30 Transworld has acquired three historical crime novels by Andrew Swanston, former Waterstone's director and chairman of Methven's. Assistant editor Emma Buckley bought world rights in the trilogy directly from the author.... Continue reading at The Bookseller

[ The Bookseller | 2011-05-09 00:00:00 UTC ]
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I B Tauris buys PWP

Written By: Benedicte Page Publication Date: Fri, 06/05/2011 - 16:30 Independent non-fiction publisher I B Tauris has bought fine arts publisher Philip Wilson Publishers (PWP), after handling its sales, marketing and distribution over several years. I B Tauris m.d. Jonathan McDonnell promised... Continue reading at The Bookseller

[ The Bookseller | 2011-05-06 00:00:00 UTC ]
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Media Decoder: Random House Buys Digital Agency

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[ The New York Times | 2011-05-05 00:00:00 UTC ]
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Random House buys digital agency Smashing Ideas

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[ The Bookseller | 2011-05-05 00:00:00 UTC ]
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Hearst Partners With Apple on Subscription Offering

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[ Folio Magazine | 2011-05-05 00:00:00 UTC ]
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Hearst Strikes Deal with Apple on iPad Subscriptions [Voices]

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[ AllThingsD | 2011-05-05 00:00:00 UTC ]
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Hearst, Apple Reach Deal to Bring Subscriptions to iPad

Hearst will begin selling iPad subscriptions to Esquire, Popular Mechanics, and O, The Oprah Magazine. Continue reading at PC World

[ PC World | 2011-05-05 00:00:00 UTC ]
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Mamut could buy Waterstone's for £35m

Written By: Bookseller Staff Publication Date: Tue, 26/04/2011 - 08:47 Russian billionaire Alexander Mamut could reportedly buy Waterstone's for £35m. The oligarch could close a deal for the British high street retailer as soon as this week, the Sunday Times reports. There are also reports... Continue reading at The Bookseller

[ The Bookseller | 2011-04-26 00:00:00 UTC ]
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The Big Children's Books of BEA

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[ Publishers Weekly | 2011-04-25 00:00:00 UTC ]
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News.me, the iPad News Aggregator Blessed By Big Publishers, Gets Ready To Launch [MediaMemo]

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[ AllThingsD | 2011-04-20 00:00:00 UTC ]
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Like the Blog? Buy the E-Book! Chris Dixon For Sale, Via Kindle [MediaMemo]

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[ AllThingsD | 2011-04-19 00:00:00 UTC ]
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Hay House buys Beacham's memoir

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[ The Bookseller | 2011-04-14 00:00:00 UTC ]
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Sphere serves up Nadal life story

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[ The Bookseller | 2011-04-11 00:00:00 UTC ]
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Quadrille buys book by Royal cakemaker Cairns

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[ The Bookseller | 2011-04-08 00:00:00 UTC ]
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Angry Robot buys two fantasy fiction

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[ The Bookseller | 2011-04-07 00:00:00 UTC ]
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With HGTV Magazine, Hearst Looks for Lightning to Strike Twice

Looking to replicate the success of its fast growing Food Network Magazine, Hearst Magazines is going forward with a test of a magazine based on another Scripps network, HGTV. Continue reading at AdWeek

[ AdWeek | 2011-04-07 00:00:00 UTC ]
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Transworld buys Ben Fogle memoir

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[ The Bookseller | 2011-04-06 00:00:00 UTC ]
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