David Carey to Step Down As President of Hearst Magazines

[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 ]
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ABC Board Changes Advertising Requirement for Digital Magazines

Recognizing the fluid state of digital magazine publishing, the ABC board of directors has just modified a key requirement for qualifying a "replica" digital edition. Advertising in the print and digital editions no longer needs to be identical. The board's vote at their mid-March meeting was... Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-22 00:00:00 UTC ]
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Dorchester Media Puts Remaining Magazines on the Block

After putting select teen and romance titles up for sale last month, New York City-based Dorchester Media has decided to sell the rest of its magazine stable, offering up the eight magazines that comprise the Woman's Romance Group, such as 92-year-old, 250,000-circ. flagship True Story. The move... Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-22 00:00:00 UTC ]
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Julian Barnes awarded David Cohen Prize

Publication Date: Fri, 18/03/2011 - 08:20 Three-times Man Booker-shortlisted author Julian Barnes has been awarded the £40,000 David Cohen Prize for Literature for his lifetime’s achievement in literature. Barnes was presented with the award by chair of judges Mark Lawson at a gala ceremony at... Continue reading at The Bookseller

[ The Bookseller | 2011-03-18 00:00:00 UTC ]
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Media Decoder: Houghton Mifflin Harcourt Publisher Steps Down

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[ The New York Times | 2011-03-16 00:00:00 UTC ]
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Dennis Buys Bimonthly Trivia Magazine Mental Floss

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[ Folio Magazine | 2011-03-14 00:00:00 UTC ]
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Greenspun Media Group Launches Weekly Regional Business Magazine

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[ Folio Magazine | 2011-03-11 00:00:00 UTC ]
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[ Folio Magazine | 2011-03-10 00:00:00 UTC ]
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Hearst Spins Off Bill-Paying Service

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[ Folio Magazine | 2011-03-10 00:00:00 UTC ]
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Magazine iPad App Launches Slow in First Two Months of 2011

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[ Folio Magazine | 2011-03-02 00:00:00 UTC ]
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Hearst Offering Paperless Personal Account System

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[ Folio Magazine | 2011-03-01 00:00:00 UTC ]
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PPA chief warns of looming 'penalty tax on magazine publishers'

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[ Media Week | 2011-02-23 00:00:00 UTC ]
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Hearst sets eyes firmly east with Lagardère deal

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[ Media Week | 2011-02-17 00:00:00 UTC ]
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David Graham appointed Aurum m.d.

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[ The Bookseller | 2011-02-14 00:00:00 UTC ]
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Want more women writers in magazines? Get more female editors.

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[ Slate | 2011-02-12 00:00:00 UTC ]
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[ Betanews | 2011-02-11 00:00:00 UTC ]
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Consumer Magazine Circulation Falls 1.2 Percent In Second Half 2010

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[ Folio Magazine | 2011-02-07 00:00:00 UTC ]
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IPA vice-president's offices come under attack amid Egyptian rioting

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[ The Bookseller | 2011-02-02 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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David Kohn to leave Waterstone's

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[ The Bookseller | 2011-01-28 00:00:00 UTC ]
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[ Folio Magazine | 2011-01-27 00:00:00 UTC ]
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