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 Magazines is 2010 Group Publisher's Ad-Page Champ

With the explosion of magazine apps, social media and the resurgence of print advertising, magazine brands are showing a prominent face to their loyal and new readers and advertisers. A top 5 chart pulled together by FOLIO: sister publication min looks at the group publisher vanguards that had... Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-15 00:00:00 UTC ]
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Dennis Buys Bimonthly Trivia Magazine Mental Floss

Felix Dennis has bought Mental Floss magazine. Dennis, founder of Maxim and owner and operator of The Week, is the chairman of Dennis Publishing. Mental Floss is a bimonthly trivia-based magazine founded by Will Pearson and Mangesh Hattikudurin, former students of Duke University, in 2000. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-14 00:00:00 UTC ]
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Hearst Spins Off Bill-Paying Service

The Hearst Corporation has launched the beta version of Manilla, a free personal account management system. George Kliavkoff has been named CEO of the service that allows consumers to securely link bank accounts, view statements, pay bills and manage subscriptions through one account. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-10 00:00:00 UTC ]
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Big Green Bookshop half-way to fundraising target

Written By: Lisa Campbell Publication Date: Mon, 07/03/2011 - 15:05 The Big Green Bookshop has raised nearly half of its fundraising target to secure its future at the beginning of its appeal week. Owners of the London independent bookshop, Simon Key and Tim West, appealed to 1,000 loyalty... Continue reading at The Bookseller

[ The Bookseller | 2011-03-07 00:00:00 UTC ]
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Hearst's John Loughlin Highlights Four Key Drivers for Magazines at DMA Circ Marketing Day

John P. Loughlin, EVP and GM of Hearst Magazines, kicked off DMA's Circulation Marketing Day at the Time Inc. Conference Center in New York City as keynote speaker. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-03 00:00:00 UTC ]
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Waterstone's parent buys stake in 'social bookselling' website

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[ The Bookseller | 2011-03-02 00:00:00 UTC ]
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Hearst Offering Paperless Personal Account System

The Hearst Corporation has launched the beta version of Manilla, a free personal account management system. George Kliavkoff has been named CEO of the service that allows consumers to securely link bank accounts, view statements, pay bills and manage subscriptions through one account. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-01 00:00:00 UTC ]
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Yale latest to buy Wikileaks title

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[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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HarperCollins buys more Meerkat Madness

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[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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UK's big four could be worst hit in REDgroup collapse

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[ The Bookseller | 2011-02-25 00:00:00 UTC ]
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Big Green Bookshop appeals for 1,000 customers

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[ The Bookseller | 2011-02-25 00:00:00 UTC ]
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Is News Corp.'s 'The Daily' giving you more blues than news?

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[ Betanews | 2011-02-24 00:00:00 UTC ]
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W&N buys Joanna Lumley memoir

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[ The Bookseller | 2011-02-24 00:00:00 UTC ]
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Hearst Magazines Digital Media Announces Staff Changes

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[ Folio Magazine | 2011-02-23 00:00:00 UTC ]
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[ The Bookseller | 2011-02-22 00:00:00 UTC ]
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HC buys children's trilogy

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[ The Bookseller | 2011-02-21 00:00:00 UTC ]
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Google One Pass gives back what Apple's iPad subscription plan takes away

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[ Betanews | 2011-02-17 00:00:00 UTC ]
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Hearst sets eyes firmly east with Lagardère deal

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[ Media Week | 2011-02-17 00:00:00 UTC ]
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[ PC World | 2011-02-11 00:00:00 UTC ]
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[ The Bookseller | 2011-02-07 00:00:00 UTC ]
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