For Time Inc., a return to magazine stand-alone status

An era came to an end last week when Time Warner announced it would be spinning off its storied magazine division by the close of the year, leaving the owner of People, InStyle, Fortune, Sports Illustrated and, of course, Time to fend for itself as a publicly traded Time Inc. The announcement came after talks that had been aimed at merging the publisher's lifestyle and entertainment titles with the magazine division of Meredith Corp. fell through. "A complete spinoff of Time Inc. provides strategic clarity for Time Warner Inc., enabling us to focus entirely on our television networks and film and TV production businesses," Chief Executive Jeff Bewkes said. "Time Inc. will also benefit from the flexibility and focus of being a stand-alone public company." Time Inc. was last on its own in 1989, when it merged with Warner Communications. Though still a publishing powerhouse, with $3.4 billion in revenue in 2012, sales and profits have been declining for years.Analysts say it needs new leadership to figure out a digital and consumer revenue strategy to make up for the continued erosion of print advertising. Laura Lang (pictured), CEO for the past year, will stay on until a successor is found. Time Warner's share price has climbed 10% since mid-February, when news leaked that it was in talks with Meredith.—Matthew Flamm Continue reading at 'Crains New York'

[ Crains New York | 2013-03-10 00:00:00 UTC ]
News tagged with: #television networks #public company #publishing powerhouse #print advertising #share price #news leaked #—matthew flamm

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Catapult to Shutter Online Magazine, Writing Classes

The decision to suspend the publisher's editorial and educational arms will "consolidate our efforts around our book publishing program," the publisher said in a statement. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-14 05:00:00 UTC ]
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Announcing The Sunday Times Charlotte Aitken Young Writer of the Year Award shortlist

The Sunday Times Charlotte Aitken Young Writer of the Year Award is given annually to the best work of fiction, non-fiction or poetry by a British or Irish author of 35 or under. Here at the British Council, we're proud to work with the Prize to support the selected writers early in their... Continue reading at British Council global

[ British Council global | 2023-02-13 14:40:41 UTC ]
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At times, 'Knock at the Cabin' made the book's author want to 'run out of the theater'

While Paul Tremblay is a fan of M. Night Shyamalan's take on his novel 'The Cabin at the End of the World,' he's still chewing over the film's 'way darker' ending. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-02-08 14:00:18 UTC ]
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Bertelsmann subsidiary to end, sell dozens of magazines

German media group RTL Deutschland says it will stop publishing almost two dozen print magazines and seek to sell a similar number Continue reading at ABC News

[ ABC News | 2023-02-07 13:23:50 UTC ]
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Viola Davis attains EGOT status with her audiobook win at last night’s Grammys.

Viola Davis, one of the best actors of her generation, achieved EGOT status last night at the Grammys when she went home with the hardware for Best Audiobook (Narration and Storytelling), for reading her own memoir, Finding Me. (EGOT is when someone has won an Emmy, a Grammy, an Oscar, and a... Continue reading at Literrary Hub

[ Literrary Hub | 2023-02-06 15:16:55 UTC ]
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What Do 10 Years of the New York Times Young Adult Bestseller Lists Say About YA?

The New York Times Young Adult Bestseller list celebrated its 10th anniversary in December 2022. Here's a look at what it shows. Continue reading at Book Riot

[ Book Riot | 2023-02-06 11:36:00 UTC ]
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Sheikh Zayed Book Award Translation Program Returns for 2023

The Sheikh Zayed Book Award-sponsored program runs July 23-t0-29 in association with the British Centre for Literary Translation. The post Sheikh Zayed Book Award Translation Program Returns for 2023 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-01-30 18:08:38 UTC ]
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5 times Pamela Anderson's memoir left us wanting more — a lot more

The former 'Baywatch' star opens up in a new memoir, 'Love, Pamela' — to an extent. Here are five excerpts that left us with more questions than answers. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-01-30 14:00:21 UTC ]
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How to watch Tracy Kidder discuss "Rough Sleepers" at the L.A. Times Book Club

Tracy Kidder joins the L.A. Times Book Club to discuss "Rough Sleepers," about a doctor's mission to bring healing to homeless people. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-01-26 22:03:03 UTC ]
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Boris Johnson to publish ‘memoir like no other’ of his time as PM

The book, which so far has no title or publication date, was announced by publisher William Collins, who did not reveal how much Johnson will be paidA memoir by former prime minister Boris Johnson, covering his years as leader, will be published by HarperCollins, it has been announced.The book,... Continue reading at The Guardian

[ The Guardian | 2023-01-16 16:38:43 UTC ]
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Living in an Unfolding Apocalyptic Reality with Emmanuel Vaughan-Lee, Emergence Magazine Founder

Emergence Magazine is an online publication with annual print edition exploring the threads connecting ecology, culture, and spirituality. As we experience the desecration of our lands and waters, the extinguishing of species, and a loss of sacred connection to the Earth, we look to emerging... Continue reading at Literrary Hub

[ Literrary Hub | 2023-01-09 09:50:53 UTC ]
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Amazon's Kindle Scribe is on sale for the first time, plus the rest of the week's best tech deals

When we weren't distracted by all the cool stuff at CES, we found some pretty great deals on tech that you can buy right now. Amazon's just-released Kindle Scribe, with both reading and writing capabilities, saw its first-ever discount and Razer discounted many of their 2022 Blade 15 gaming... Continue reading at Engadget

[ Engadget | 2023-01-06 19:05:41 UTC ]
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The Worst Book Titles of All Time

Let's talk about great book titles. But in order to find out what makes a good book title, let's first explore the worst book titles. Continue reading at Book Riot

[ Book Riot | 2023-01-03 11:36:00 UTC ]
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Baltimore Sun offices to return downtown in 2023

The company has signed a lease for office space at 200 St. Paul Place, the publisher announced in a memo sent to staff Thursday afternoon. Continue reading at Baltimore Sun

[ Baltimore Sun | 2022-12-29 18:03:18 UTC ]
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Big Names in Little Magazines: On Thomas Pynchon’s Very First Literary Journal Appearance

“Thomas Pynchon is a young writer, just twenty, who has previously published fiction in Epoch. He is a Cornell graduate and now lives in Seattle.” Writers know that the time between when a piece is accepted by a literary magazine and when it is actually published can be rather protracted—my... Continue reading at Literrary Hub

[ Literrary Hub | 2022-12-21 09:53:25 UTC ]
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Exclusive cover reveal: Here’s the cover for Edan Lepucki’s Time’s Mouth

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[ Literrary Hub | 2022-12-15 14:30:17 UTC ]
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Amazon to End Print Textbook Rentals, Overhaul Magazine and Newspaper Subscriptions

Amazon is discontinuing its print textbook rental program, and will phase out print and digital magazine and newspaper subscriptions as well, though some magazines and newspapers will remain available through Kindle Unlimited. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-14 05:00:00 UTC ]
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Protests won't stop Drag Queen Story Time, bookstore owner says

Independent book store Book Keeper will continue to hold Drag Queen Story Time after protests. Continue reading at CBC

[ CBC | 2022-12-13 09:00:00 UTC ]
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How to watch Celeste Ng discuss 'Our Missing Hearts' at the L.A. Times Book Club

"Little Fires Everywhere" author Celeste Ng brings her new bestseller, "Our Missing Hearts," to the L.A. Times Book Club. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-12-08 22:36:02 UTC ]
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At Guadalajara, Guest of Honor Sharjah’s Biggest Stand

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[ Publishing Perspectives | 2022-12-05 20:11:38 UTC ]
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