Conservative billionaire Koch brothers give $650m to help Meredith buy Time

Texans will not get a say in editorial decisions, says Meredith, as it hails ‘transformative’ deal to merge magazine stablesMeredith Corporation has announced that it is buying the Time Inc publishing group in a “transformative” $1.8bn deal that joins two huge magazine companies. Meredith, which owns a portfolio including Better Homes & Gardens, Family Circle, allrecipes and Shape, will fund the deal with the help of the rightwing billionaire Koch brothers, who have contributed $650m of preferred equity. Related: ‘Their own media megaphone’: what do the Koch brothers want from Time? Related: Unlike Donald Trump, I embraced being Time Person of the Year | Warren Murray Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-11-27 00:00:00 UTC ]
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T&F buys Manson Publishing

Specialist medical publisher Manson Publishing has been bought by Taylor & Francis imprint... Continue reading at The Bookseller

[ The Bookseller | 2013-04-10 00:00:00 UTC ]
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Robert Frost: his 10 favorite books of all time

In addition to being a master writer, celebrated American poet Robert Frost was also a master reader. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-04-10 00:00:00 UTC ]
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Harvill Secker buys more Arne Dahl

Harvill Secker has bought two more books from Swedish crime novelist Arne Dahl, whose The Blinded... Continue reading at The Bookseller

[ The Bookseller | 2013-04-10 00:00:00 UTC ]
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Headline buys The Wrong Knickers

Headline Publishing has acquired The Wrong Knickers: A Decade of Chaos by journalist Bryony... Continue reading at The Bookseller

[ The Bookseller | 2013-04-04 00:00:00 UTC ]
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Premium Publishers Give Private Marketplaces Another Look

After a burst of initial announcements of private exchanges, followed by a lull in activity, private marketplaces are getting another look by premium publishers as the technology has improved and programmatic buying gains traction. The aim of the private exchanges is to leverage publishers’... Continue reading at AdWeek

[ AdWeek | 2013-04-01 00:00:00 UTC ]
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Give ’em What They Want?

In his last column, Brian Kenney did a good and fair job of outlining the Douglas County Libraries ebook model, in which we host and manage our own digital content. Yet, his conclusion was a little puzzling. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-03-29 00:00:00 UTC ]
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Ready for Prime Time: Spanish Supplement Spring 2013

Hispanics are the nation’s largest minority group, making up more than 54.5 million people, or about 17% of the U.S. population, according to estimates for 2013 from the U.S. Census Bureau—a quarter of the children being born today are to a Hispanic mother. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-03-29 00:00:00 UTC ]
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Providing Story Time in Español: Spanish Supplement Spring 2013

Despite budget cuts and insufficient bilingual staffing, United States libraries continue to invest money expanding Spanish-language children’s and YA collections. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-03-29 00:00:00 UTC ]
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Amazon Buys Book Recommendation Site Goodreads

It's kind of a natural for a company that, despite its many other ventures, still makes a lot of its money selling books. Continue reading at AllThingsD

[ AllThingsD | 2013-03-29 00:00:00 UTC ]
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“Time” Magazine Cover Commemorates One Kind of Gay Marriage Victory

While the fate of gay married couples in America hangs in the balance awaiting a pair of Supreme Court decisions, Time's latest cover insists a bigger decision has already been made. As the Supreme Court hears arguments in landmark marriage-equality cases, many around the country, including... Continue reading at Fast Company

[ Fast Company | 2013-03-28 00:00:00 UTC ]
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W&N buys Malala's story

Weidenfeld & Nicolson's deputy publishing director Arzu Tahsin has bought rights to... Continue reading at The Bookseller

[ The Bookseller | 2013-03-27 00:00:00 UTC ]
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Random hails 'most successful year of all time'

Random House enjoyed a record year in 2012, with worldwide sales up 23% and profits up by 76%. In... Continue reading at The Bookseller

[ The Bookseller | 2013-03-26 00:00:00 UTC ]
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The Beijing-to-Bologna Time Machine

In China children's books are for indoctrinating good citizens and instilling morals, but elsewhere, kids books are becoming increasingly entertaining, enticing and personal. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-03-26 00:00:00 UTC ]
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Diaz wins Sunday Times Short Story Award

Pulitzer Prize-winner Junot Díaz has won the £30,000 Sunday Times Short Story Award... Continue reading at The Bookseller

[ The Bookseller | 2013-03-22 00:00:00 UTC ]
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Fairfax Implements ‘Real-Time’ Working at its Sydney Morning Herald and The Age Offices

Fairfax Media is rolling out a number of initiatives this year as part of its ‘Fairfax of the Future’ strategy which aims to streamline operations and support the publisher’s shift to multi-platform delivery. The compa ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-03-20 00:00:00 UTC ]
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Hot Key buys Cassidy sequel

Hot Key Books has acquired a sequel to Looking for JJ by Anne Cassidy, which won the Booktrust... Continue reading at The Bookseller

[ The Bookseller | 2013-03-19 00:00:00 UTC ]
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Amazon's new imprints give opportunities to debut authors, short story writers

Amazon's Little A imprint will release novels, memoirs, and story collections, while Day One will focus on short stories and new writers. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-03-19 00:00:00 UTC ]
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Corvus buys Haynes fiction debut

Classicist Natalie Haynes has turned her hand to novels, with Atlantic imprint Corvus set to... Continue reading at The Bookseller

[ The Bookseller | 2013-03-19 00:00:00 UTC ]
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Give Me Some Skin

For many gourmands of a certain age, mashed potatoes topped with a hefty spoonful of schmaltz is the definition of heaven on earth. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-03-18 00:00:00 UTC ]
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Time Inc. spinoff could lead to more deals

The spinoff of Time Inc. to create the world's largest publicly-traded magazine publisher may be just the beginning of deals for the owner of People and Sports Illustrated.With analysts estimating an enterprise value of about $3.9 billion—a measure of what it could cost to buy a company—an... Continue reading at Crains New York

[ Crains New York | 2013-03-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jeff bewkes #declining revenues #evolving industry #makes sense #strategic alternatives