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 ]
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Penske Media Corporation Buys Into Robb Report

Publisher of Variety, WWD partners with Rockbridge Growth Equity to share digital expertise. The post Penske Media Corporation Buys Into Robb Report appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-04 00:00:00 UTC ]
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The Winners and Losers in Magazine Media: 2016

The Modern Magazinist delivers his year-in-review. The post The Winners and Losers in Magazine Media: 2016 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-03 00:00:00 UTC ]
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What’s Trending in Magazine Media | 12.20.16

A recap of the week's top stories courtesy of VerticalFeed, a new service from Folio:. The post What’s Trending in Magazine Media | 12.20.16 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-12-20 00:00:00 UTC ]
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Radio Times likely to be bought by German media group

Hubert Burda needs consent from BBC Worldwide before it can acquire publisher of Top Gear magazine and other titlesThe Radio Times is poised to go into foreign ownership, as German publisher Hubert Burda finalises a deal to buy its parent company.Immediate Media, which struck a £121m deal with... Continue reading at The Guardian

[ The Guardian | 2016-12-19 00:00:00 UTC ]
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Rogers Media Cuts 60 Staffers, Shutters LouLou Magazine

After selling off B2B magazines, the Canadian publisher swings the axe at its Francophone titles. The post Rogers Media Cuts 60 Staffers, Shutters LouLou Magazine appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-11-30 00:00:00 UTC ]
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How free city magazine publisher Shortlist Media is expanding into video

When news hit in May that a woman was sent home for wearing flat shoes, Shortlist Media scored a point for equality and filmed blokes going to work in heels. The result was a 23 million views across social media. The publisher's free magazines, Stylist and Shortlist, have a circulation of... Continue reading at Digiday

[ Digiday | 2016-11-03 00:00:00 UTC ]
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Digital Publishers Come Together as Group Nine Media, Backed by $100 Million From Discovery

The digital media industry is facing an extremely competitive revenue landscape. In times like this, it's sometimes better to link arms with other, similar, companies, backed by an even bigger, more profitable company.Discovery Communications on Thursday announced a $100 million minority... Continue reading at Advertising Age

[ Advertising Age | 2016-10-13 00:00:00 UTC ]
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Bauer Media Group USA Appoints Steven Kotok as CEO

Hubert Boehle, who has served as CEO of Bauer Media Group USA since 2005, will leave the magazine publisher and be succeeded by Steven Kotok, the company will announce Monday.Mr. Boehle, a Bauer employee since 1986, is departing "to try new things," he said in a company statement. He will stay... Continue reading at Advertising Age

[ Advertising Age | 2016-10-03 00:00:00 UTC ]
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Layoffs Hit North Jersey Media Group

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[ Folio Magazine | 2016-09-15 00:00:00 UTC ]
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Global Publishing Leaders 2016: China South Publishing & Media Group Co., Ltd

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[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Global Publishing Leaders 2016: Olma Media Group

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[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Global Publishing Leaders 2016: Phoenix Publishing and Media Group

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[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Memo to Magazine Media: Social Networks Are Not Altruistic

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[ Folio Magazine | 2016-08-24 00:00:00 UTC ]
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New York Magazine Makes “The Case Against the Media”

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[ Folio Magazine | 2016-08-01 00:00:00 UTC ]
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Vice Media Purchases Garage Magazine

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[ Folio Magazine | 2016-07-06 00:00:00 UTC ]
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Traders Magazine Acquired by Markets Media

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[ Folio Magazine | 2016-07-06 00:00:00 UTC ]
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With New Distribution Deal, Pittsburgh Animal Media Group Bets Bigger on Books

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[ Publishers Weekly | 2016-06-30 00:00:00 UTC ]
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[ Folio Magazine | 2016-05-20 00:00:00 UTC ]
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The New Yorker Wins Two Pulitzers in a First for Magazine Media

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[ Folio Magazine | 2016-04-19 00:00:00 UTC ]
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The Untold Story of How Magazine Media is Winning

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[ Folio Magazine | 2016-03-02 00:00:00 UTC ]
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