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 walks away from BBC Magazines deal

Hearst Corporation, parent to the National Magazine Company, has confirmed for the first time it is no longer in talks to buy BBC Magazines following its Lagardère move. Continue reading at Media Week

[ Media Week | 2011-02-07 00:00:00 UTC ]
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HarperCollins buys Paul Merson memoir

Written By: Graeme Neill Publication Date: Fri, 04/02/2011 - 08:57 HarperSport has bought a book by former Arsenal footballer Paul Merson. The publisher bought world rights directly from the author to How Not to be a Professional Footballer. The title will be published on 31st March. Merson... Continue reading at The Bookseller

[ The Bookseller | 2011-02-04 00:00:00 UTC ]
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R&J titles receive a big boost

Written By: Caroline Horn and Philip Stone Richard and Judy’s children’s book club initiative, which launched a week ago, saw average sales across the 18 selected titles grow by some 226%. read more Continue reading at The Bookseller

[ The Bookseller | 2011-02-03 00:00:00 UTC ]
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Random House buys book on BP oil crisis

Written By: Charlotte Williams Random House Books has acquired one of the first books on the Gulf of Mexico oil leak, Spills and Spin: The Inside Story of BP by Reuters oil-industry reporter Tom Bergin. read more Continue reading at The Bookseller

[ The Bookseller | 2011-02-01 00:00:00 UTC ]
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Two buys for Allfrey at Granta

Written By: Charlotte Williams Granta magazine's deputy editor Ellah Allfrey has made two acquisitions for Granta Books: a book on the Rwanda genocide and a collection of American short stories. Of Martin Kimani's The Work of War, for which Allfrey bought world rights excluding north America... Continue reading at The Bookseller

[ The Bookseller | 2011-02-01 00:00:00 UTC ]
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Hearst pays €651m for Lagardère magazine business

Hearst Corporation has made a "binding offer" of €651m (£559m) for Lagardère's international magazine business, which includes a licensing agreement for fashion magazine Elle. Continue reading at Media Week

[ Media Week | 2011-01-31 00:00:00 UTC ]
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Media Decoder: Hearst Makes Offer For Elle, Other Lagardère Titles

After a month of negotiations, Hearst has made an offer to buy 102 magazine titles from the French publisher. Continue reading at The New York Times

[ The New York Times | 2011-01-31 00:00:00 UTC ]
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Blake buys memoir from Benidorm star

Written By: Charlotte Williams John Blake has acquired world rights in the "candid, harrowing and often hilarious" autobiography of "Benidorm" actress Crissy Rock. Editor-in-chief Michelle Signore bought the rights through Ken Douglas at MCLA, with John Blake to publish on 12th March. This... Continue reading at The Bookseller

[ The Bookseller | 2011-01-31 00:00:00 UTC ]
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Sphere buys tie-in to new Billy Connolly show

Written By: Charlotte Williams Sphere has acquired the tie-in title to comedian Billy Connolly's forthcoming "Route 66" ITV show. Non-fiction publishing director Adam Strange bought world rights from Maverick Television to Billy Connolly's Route 66, winning a four-way auction. read more Continue reading at The Bookseller

[ The Bookseller | 2011-01-31 00:00:00 UTC ]
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Big comics line up for this autumn

Written By: Charlotte Williams Rob Brydon, Steve Coogan and John Bishop are among the latest big-name celebrities to have been snapped up for autobiographies, as comedians look set to dominate the hardback celebrity memoir market again this autumn. “Gavin and Stacey” star Rob Brydon’s memoir is... Continue reading at The Bookseller

[ The Bookseller | 2011-01-28 00:00:00 UTC ]
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Orbit buys three more Dresden Files

Written By: Charlotte Williams Orbit has acquired three new books in the Dresden Files series by author Jim Butcher, following Chicago private investigator and wizard Harry Dresden. read more Continue reading at The Bookseller

[ The Bookseller | 2011-01-27 00:00:00 UTC ]
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Sphere buys Tina Fey memoir

Written By: Charlotte Williams Sphere has acquired the autobiography of US comedy star Tina Fey, with editor-in-chief Antonia Hodgson acquiring British Commonwealth (incl. Australia and New Zealand) rights. Hodgson bought the rights to the title, Bossypants, from Hachette US, where it will be... Continue reading at The Bookseller

[ The Bookseller | 2011-01-27 00:00:00 UTC ]
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Publishers Come Out of Bankruptcy Eager To Buy

That might be the best news yet, as long as publishers remember why they went into bankruptcy in the first place. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-21 00:00:00 UTC ]
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