[caption id="attachment_61878" align="alignright" width="150"] David Carey[/caption] Months after a $200 million acquisition of one of his company's largest competitors, David Carey has revealed plans to depart Hearst Magazines following eight years at the division's helm. Hearst Corp. CEO Steven Swartz informed staffers this morning that Carey will step down as president of Hearst Magazines at the end of 2018, after which he will spend a year as chairman while the company searches for a successor. Prior to joining Hearst and assuming command of a portfolio containing the likes of Cosmopolitan, Good Housekeeping, and Esquire, Carey spent several years at Condé Nast, including seven as VP and publisher of The New Yorker. His tenure at Hearst saw the launches of Dr. Oz the Good Life, HGTV Magazine, and The Pioneer Woman, as well as the landmark acquisition of Rodale Inc., which brought in titles like Men's Health, Women's Health, and Prevention, among others. "The magazine business worldwide, like all print media, faces change and challenge, but it’s an industry we’ve led for more than 100 years and we will continue to do so," wrote Swartz in the memo to staffers. "Under David, we have become a preeminent global digital publishing company while continuing to launch innovative print editions." In a company-wide letter issued in December, Carey reported a slight decline for the magazine group in 2017—following four straight years of earnings growth—and vowed to "further... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2018-06-25 00:00:00 UTC ]
There are several high-profile joint ventures (JVs) in Chinese children’s books publishing. The earliest was Children’s Fun Publishing, a collaboration between Posts & Telecommunications Press and Egmont Group initiated in 1994. Next came Hachette-Phoenix, which was cofounded by Hachette... Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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Little, Brown Book Group is to publish an illustrated edition of a speech J K Rowling gave to Harvard University. Very Good Lives: The Fringe Benefits of Failure and the Importance of Imagination uses the speech Rowling made to graduating students at Harvard in 2008. It will be illustrated by... Continue reading at The Bookseller
[ The Bookseller | 2014-12-03 00:00:00 UTC ]
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Open sharing has been around forever, accelerating progress in diverse fields. Computing (e.g., Homebrew Computer Club), code (open source), and even academic publishing ("open access", which goes beyond peer review) are just a few that have multiplied their social impact thanks to this... Continue reading at Wired
[ Wired | 2013-12-30 00:00:00 UTC ]
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