Darden Media Group buys Maxim magazine

Alpha Media has sold Maxim magazine to an affiliate of Darden Media Group that is planning to distribute Maxim's content across TV, radio and music platforms, the company said Thursday evening. Terms of the deal were not disclosed.Calls to Darden Media Group were not immediately returned Thursday night, but in an interview with The Wall Street Journal, Chairman Calvin Darden said he plans to introduce a Maxim-branded TV channel and music label."Although the publishing industry has seen seismic shifts over the past several years, the opportunities to create powerful, transmedia brands that engage consumers and advertisers on multiple platforms is significantly on the rise," said Mr. Darden in a press release. "Darden Media Group has an extremely optimistic vision of the future of media, and we are looking forward to building a property that sets the gold-standard for integrated media in the 21st century."Maxim had been on the block since March, though a sale effort had been in the works since Cerberus Capital Partners took over the company in 2009. There were at least 10 other bidders for the magazine, a person close to the negotiations said. Bloomberg reported in July that bids were about $30 million.Founder Felix Dennis sold the U.S. edition of Maxim, along with Blender and Stuff magazines, to investors led by Quadrangle Capital Partners for about $250 million in August 2007. Facing economic headwinds affecting the magazine industry, they shuttered Stuff immediately and... Continue reading at 'Crains New York'

[ Crains New York | 2013-09-13 00:00:00 UTC ]
News tagged with: #ad pages #paid circulation

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HCB buys Johnstone trilogy

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[ The Bookseller | 2012-10-05 00:00:00 UTC ]
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Orion buys book by toddler

Orion has pre-empted a guide to successful parenting written from the point of view of an... Continue reading at The Bookseller

[ The Bookseller | 2012-10-05 00:00:00 UTC ]
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RH buys David Jason autobiography

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[ The Bookseller | 2012-10-03 00:00:00 UTC ]
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Allen & Unwin buys Murdoch Books

Australian publisher Allen & Unwin has announced the acquisition of Murdoch Books. The sum... Continue reading at The Bookseller

[ The Bookseller | 2012-10-03 00:00:00 UTC ]
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Pratchett sets up own multi-media company

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[ The Bookseller | 2012-10-01 00:00:00 UTC ]
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What books to assign to a group of inmate-students?

Dickens or Denisovich? Mailer or Malamud? This professor agonized over the reading list for a class of prison inmates. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-09-28 00:00:00 UTC ]
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Egmont partners with DHX Media

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[ The Bookseller | 2012-09-25 00:00:00 UTC ]
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HC buys three novels from Lean

HarperCollins Children's Books has signed up three new titles from author Sarah Lean. The... Continue reading at The Bookseller

[ The Bookseller | 2012-09-25 00:00:00 UTC ]
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YUDU Media plans education push with new service

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[ The Bookseller | 2012-09-24 00:00:00 UTC ]
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Maxim Cuts Circulation 20%

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[ Crains New York | 2012-09-21 00:00:00 UTC ]
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Weldon Owen buys A Bigger Picture

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[ The Bookseller | 2012-09-21 00:00:00 UTC ]
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Fourth Estate buys erotic tale from Gemmell

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[ The Bookseller | 2012-09-20 00:00:00 UTC ]
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[ Folio Magazine | 2012-09-19 00:00:00 UTC ]
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Manhattan Media hits the block

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[ Crains New York | 2012-09-12 00:00:00 UTC ]
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French Media Sites Demand Google Pay for Using Their Content

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[ Editor & Publisher | 2012-09-12 00:00:00 UTC ]
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SF Chronicle Launches 49ers Digital Magazine

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[ Folio Magazine | 2012-09-11 00:00:00 UTC ]
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Penguin Group hit with age discrimination suit

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[ Crains New York | 2012-09-07 00:00:00 UTC ]
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'Glamour' for Pan Mac with Taylor buy

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[ The Bookseller | 2012-09-06 00:00:00 UTC ]
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Debt-laden broadcaster Nine Entertainment confirms the sale of its magazine portfolio to the privately owned Bauer Media Group. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2012-09-05 00:00:00 UTC ]
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[ Folio Magazine | 2012-09-05 00:00:00 UTC ]
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