Golf Digest was sold to Discovery, Inc. on Monday. According to a release posted on Golf Digest's website, this sale is a result of a nine-month long process that began when Condé Nast—owner of the magazine since 2001—announced it would be refocusing on its style and culture brands, which led to several titles going up on the auction block, including Brides and W. The magazine's editorial staff, including chairman and editor-in-chief Jerry Tarde will keep their roles at Discovery, however, Tarde will take on the additional title of global head of strategy and content for Discovery Golf, which gives him editorial oversight of GOLFTV. He will report to Discovery Golf president and general manager Alex Kaplan. While the terms of the deal were not disclosed, the New York Post reports that the sale was for an estimated $30 million. [caption id="attachment_158747" align="alignright" width="150"] Jerry Tarde[/caption] As the fourth owner in Golf Digest's 69-year history, Discovery, who owns HGTV, Discovery Channel and Food Network, is working to establish itself as the leading golf media platform in the world, according to Discovery, Inc. president and CEO David Zaslav. “Golf Digest is a world-class brand that has become the go-to authority for millions of golf enthusiasts, professional players and global advertisers," he said in a statement. "It’s a natural strategic fit." In addition to its live and on-demand streaming service GOLFTV—which was recently launched following a $2... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-05-13 00:00:00 UTC ]
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Golf Digest was sold to Discovery, Inc. on Monday. According to a release posted on Golf Digest's website, this sale is a result of a nine-month long process that began when Condé Nast—owner of the magazine since 2001—announced it would be refocusing on its style and culture brands, which led to... Continue reading at Folio Magazine
[ Folio Magazine | 2019-05-13 00:00:00 UTC ]
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The New York Times is out with a grim scoop from medialand this afternoon in a post headlined "Facing Losses, Cond Nast Plans to Put 3 Magazines Up for Sale." Oddly enough, you have to dive pretty deep into the story by Edmund Lee and Sapna Maheshwari to find out which three mags. So we... Continue reading at Advertising Age
[ Advertising Age | 2018-08-02 00:00:00 UTC ]
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Mike Luckwell buys struggling title from Jon Moulton's private equity company, Better Capital, with plan to target over-50sReader's Digest has been sold for just £1 to Mike Luckwell, whose previous major investments have included Bob the Builder creator HIT Entertainment and WPP.Jon Moulton's... Continue reading at The Guardian
[ The Guardian | 2014-02-17 00:00:00 UTC ]
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The satirical news website was bought by a new firm in Chicago that took inspiration for its name, Global Tetrahedron, from a book written by The Onion’s staff. Continue reading at The New York Times
[ The New York Times | 2024-04-25 23:20:18 UTC ]
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The Taunton Press, publisher of magazines, books, and a range of digital products in the woodworking, home building and renovation, building science, gardening, and sewing categories, has been acquired by enthusiast media company Active Interest Media. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-12-05 05:00:00 UTC ]
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Verity Laughton’s stage adaptation of Pip Williams’ best-selling book is a a very clever realisation. Continue reading at The Conversation
[ The Conversation | 2023-09-28 05:05:12 UTC ]
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Retailer announces new rules for its Kindle Direct Publishing forum after complaints about AI-produced works being sold under human writers’ namesAmazon has introduced new rules and guidance for Kindle books generated by artificial intelligence tools, including the requirement that authors... Continue reading at The Guardian
[ The Guardian | 2023-09-11 17:08:53 UTC ]
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The 99-year-old publishing company is being sold to private equity firm KKR for $1.62 billion. The original sale to PRH was for $2.2 billion. Continue reading at Book Riot
[ Book Riot | 2023-08-08 13:23:36 UTC ]
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Paramount Global has sold the publisher after a federal judge blocked rival Penguin Random House from buying itSimon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that... Continue reading at The Guardian
[ The Guardian | 2023-08-07 21:05:30 UTC ]
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Henry had always been a theatrically pious king and in his last years he turned to religion with melancholy intensity. Continue reading at The Conversation
[ The Conversation | 2023-07-04 12:22:50 UTC ]
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Sales rose 19% and earnings were up 16% at Simon & Schuster in the first quarter, and executives at parent company Paramount Global said there is a possibility the sale of the publisher could be completed this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-04 04:00:00 UTC ]
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Soon, when you go to stream Succession or The Last of Us, you'll no longer be looking for an app called HBO Max. As has been rumored, Warner Bros. Discovery (WBD) is changing the name of the streaming service to simply "Max." The company is folding content from Discovery+ into the platform to... Continue reading at Engadget
[ Engadget | 2023-04-12 17:16:11 UTC ]
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The vertical TikTok-style video feed has invaded a lot of the apps we use on a daily basis and now it's officially coming to one more. After announcing a beta test last year, Spotify will begin rolling out a new design for the Home section of its mobile app with a "more visual, dynamic" look.... Continue reading at Engadget
[ Engadget | 2023-03-08 18:33:59 UTC ]
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What is it about campus novels that makes us love them so? The campus has inspired many novelists over the years: Michael Chabon, Kazuo Ishiguro, Curtis Sittenfeld, Elif Batuman, Nabokov, to name just a few. Readers love these stories, too; “the campus novel” has become its own literary... Continue reading at Literrary Hub
[ Literrary Hub | 2023-02-14 09:53:34 UTC ]
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Back in August I wrote about Pavel Filatyev, an active-duty Russian soldier who posted online his 141-page account of the lead up to and taking of Kherson by Russian forces. With the help of Vladimir Osechkin, who runs Gulagu.net (an anti-corruption website whose name translates as “No to the... Continue reading at Literrary Hub
[ Literrary Hub | 2022-12-08 15:42:53 UTC ]
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Spare, which is released in January, has been heavily discounted by larger retailers, leaving smaller bookshops unable to competePrince Harry’s forthcoming memoir, Spare, is unlikely to be championed by independent bookshops because of how heavily it has been discounted by larger retailers,... Continue reading at The Guardian
[ The Guardian | 2022-11-03 15:12:22 UTC ]
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In surveys spanning from Q1 to Q3, Digiday+ Research found a difference growing between how publishers make money from direct-sold ads and programmatic ads. Continue reading at Digiday
[ Digiday | 2022-10-17 04:01:00 UTC ]
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The union of HBO Max and Discovery+ is already causing pain through layoffs, and now the move is affecting some shows. Warner Bros. Discovery has confirmed to Variety that it's removing 36 titles from HBO Max as soon as this week while it prepares for the Discovery+ platform merger. Most of the... Continue reading at Engadget
[ Engadget | 2022-08-18 20:30:29 UTC ]
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Holiday print sales in children's books helped the US market gain 3 percent in the week ending April 16. The post An Easter Surprise in the States: 30 Million More Books Sold Than in 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-04-25 18:01:38 UTC ]
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