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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Amazon Publishing announced that Helen Bryan has become its second author, after Oliver Pötzsch ("The Hangman's Daughter"), to sell 1 million copies. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-10 00:00:00 UTC ]
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The sale of The Panoramic Publishing Group, publisher of the weekly Laker newspaper and 10 other ancillary publications, to Daniel L. Smiley, general manager of Turner Publishing in Turner, ME has been completed. Brad Lipe had bee ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-01-30 00:00:00 UTC ]
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Anna Davis of Curtis Brown, agent for the Stella Gibbons estate, had no idea of the existence of... Continue reading at The Bookseller
[ The Bookseller | 2014-01-17 00:00:00 UTC ]
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Ecommerce has become an oasis for many publishers looking to diversify revenue streams in a downward ad market. Continue reading at Folio Magazine
[ Folio Magazine | 2014-01-17 00:00:00 UTC ]
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Amazon has said it took orders for more than 36.8 million items worldwide on Cyber Monday (2nd... Continue reading at The Bookseller
[ The Bookseller | 2013-12-27 00:00:00 UTC ]
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Its second bankruptcy now behind it, RDA Holding Co. is entering a new phase. CEO Robert Guth is putting his stamp on the company's flagship brand, Reader's Digest, with a redesign and changes to the business model. The new magazine—which went on sale last week—has updated its logo, invested $1... Continue reading at Folio Magazine
[ Folio Magazine | 2013-12-16 00:00:00 UTC ]
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Simon and Schuster and Reader's Digest announced an agreement where S&S will handle sales and fulfillment for all adult titles published by Reader's Digest. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-12-05 00:00:00 UTC ]
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A collection of first edition books illustrated by the Edwardian artist Arthur Rackham has sold for more than £40,000 at auction. Continue reading at BBC News
[ BBC News | 2013-11-13 00:00:00 UTC ]
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Espresso Education, the UK provider of digital education resources for primary schools, has been... Continue reading at The Bookseller
[ The Bookseller | 2013-11-08 00:00:00 UTC ]
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Enthrill's Kevin Franco discusses his company's distribution platform to make ebooks salable in brick-and-mortar stores through ebook gift cards and author cards. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-10-25 00:00:00 UTC ]
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CEO Robert Guth's plan to bring RDA Holding Co. back from insolvency called for a drastic rate base reduction for it's flagship magazine, Reader's Digest. Continue reading at Folio Magazine
[ Folio Magazine | 2013-10-04 00:00:00 UTC ]
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As a result of laws prohibiting 'homosexual propaganda' in Russia, a young adult novel featuring a gay character, is sold with adult-age warning labels. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-08-06 00:00:00 UTC ]
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Newsweek, the iconic newsmagazine brand, has been acquired by IBT Media, which publishes the news website International Business Times. Newsweek has long been financially troubled and the venerable magazine published its last print edition i ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-08-05 00:00:00 UTC ]
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The former US current affairs magazine Newsweek, which published its last print edition in December, is sold to digital news company IBT Media. Continue reading at BBC News
[ BBC News | 2013-08-04 00:00:00 UTC ]
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BookVibe allows users to search their tweets and extract the books that are being discussed by the people they follow on Twitter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-07-25 00:00:00 UTC ]
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The literary community has long believed that Agee's work 'Let Us Now Praise Famous Men' was rejected by Fortune magazine for its cryptic narrative, but a newly discovered typescript indicates that may not be the case. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-06-05 00:00:00 UTC ]
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Start-up company ReDigi had planned to allow users to sell used ebooks but were told by a judge that doing so would be illegal. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-05-07 00:00:00 UTC ]
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The film rights to YA debut novel Half Bad by Sally Green have been snapped up by Fox 2000, hard... Continue reading at The Bookseller
[ The Bookseller | 2013-04-08 00:00:00 UTC ]
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True online book discovery requires serendipity, which can't be programmed. The process is more going on a blind date and then falling in love with someone else. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-03-22 00:00:00 UTC ]
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