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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Of the 135 publishers surveyed by Digiday in a wide-ranging research survey this Fall, more than 50% of publishers reported that direct-sold advertising was a large or very large source of revenue for them. The post Digiday Research: Digital publishers still see growth in direct-sold display ads... Continue reading at Digiday
[ Digiday | 2019-10-16 04:01:21 UTC ]
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Philip Pullman officially launched The Secret Commonwealth to huge cheers at a sold-out Alexandra Palace last night, where the author appeared in conversation with journalist Zing Tsjeng on stage after readings from actors including Anne-Marie Duff and Niamh Cusack. Continue reading at The Bookseller
[ The Bookseller | 2019-10-02 18:20:42 UTC ]
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Group Nine Media just raised $50 million from lead investor Discovery Inc. and partner Axel Springer SE, the company announced Monday. The digital media holding company also hinted that acquisitions may be on the horizon with the new increase in funds. Discovery initially invested $100 million... Continue reading at AdWeek
[ AdWeek | 2019-09-09 14:56:30 UTC ]
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J2 Global Acquires BabyCenter In case you missed it: late last week, Johnson & Johnson sold BabyCenter—the online parenting and pregnancy resource that claims to reach "7 in 10 new and expectant moms in the U.S." across its website, newsletters, social media channels and apps—to Everyday... Continue reading at Folio Magazine
[ Folio Magazine | 2019-09-06 18:12:01 UTC ]
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A decade after rescuing it from an imminent shutdown, Duncan McIntosh has sold newspaper industry trade magazine Editor & Publisher to consultant Mike Blinder for an undisclosed sum. In an announcement late last week, E&P indicated that its upcoming October issue will be the first... Continue reading at Folio Magazine
[ Folio Magazine | 2019-09-03 20:10:05 UTC ]
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There are some things all agents want to see from writers, but they don't agree on everything. Here's how literary agents agree and differ on what they want from writers. The post How Literary Agents Agree and Differ: Lessons From the Annual Writer’s Digest Conference by Robert Lee Brewer... Continue reading at Writer's Digest
[ Writer's Digest | 2019-08-28 13:00:41 UTC ]
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Lottery funds in the UK have generated more than £1.85 million for Book Aid International, and F+W Media's assets in arts and crafts go to Peak Media. The post Industry Notes: UK Postcode Lottery Helps Book Aid; F+W Fine Arts Sold to Peak Media appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-08-15 05:30:02 UTC ]
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Literary agents are gatekeepers of the publishing industry, and more than 50 literary agents and editors will be listening to pitches at the 2019 Writer's Digest Annual Conference as part of its popular Pitch Slam program. Here are a few Pitch Slam agents who have been featured on Publishing... Continue reading at Writer's Digest
[ Writer's Digest | 2019-08-14 13:31:11 UTC ]
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F&W Media International is acquiring the UK books business of parent firm F+W Media Inc in a management buyout, forming a new company called David and Charles. Continue reading at The Bookseller
[ The Bookseller | 2019-07-18 01:11:47 UTC ]
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She published her first novel at 50, and her heroines were invariably rich, savvy, ambitious and preternaturally beautiful. Continue reading at The New York Times
[ The New York Times | 2019-06-24 20:37:23 UTC ]
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Bonnier Corp.'s Diving Media Group, which includes Scuba Diving and Sport Diver magazines, was sold to the Professional Association of Diving Instructors (PADI) on Wednesday for an undisclosed sum. Effective immediately, PADI now has full ownership of Scuba Diving magazine, scubadiving.com,... Continue reading at Folio Magazine
[ Folio Magazine | 2019-06-19 17:13:10 UTC ]
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The one-time bookselling giant is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Am…; and other... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-06-07 15:58:20 UTC ]
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Ex-NME editor suggests digital brand can be 'more valuable' outside publishing company. Continue reading at Media Week
[ Media Week | 2019-05-17 11:09:41 UTC ]
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Carl Landau has officially sold Niche Media—the conferences and professional services network he founded over a decade ago to serve B2B, city/regional and special interest magazine publishers—to Second Street Media Solutions, a St. Louis-based provider of audience engagement software to... Continue reading at Folio Magazine
[ Folio Magazine | 2019-05-15 00:00:00 UTC ]
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Palm Coast Data (PCD), the Florida-based provider of subscription and ecommerce fulfillment services to magazine publishers including F+W Media, MotorTrend Group and New York Media, has been sold by former longtime owner AMREP Corp. in exchange for $1 million in cash. The buyer, Studio... Continue reading at Folio Magazine
[ Folio Magazine | 2019-05-08 00:00:00 UTC ]
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Denis O’Brien loses hundreds of millions in sale of Ireland’s biggest newspaper publisherIreland’s largest newspaper group has agreed to a takeover offer from the Belgian media group Mediahuis in a deal in which its largest shareholder, billionaire Denis O’Brien, will lose hundreds of millions... Continue reading at The Guardian
[ The Guardian | 2019-04-30 00:00:00 UTC ]
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Rick Reilly’s course of action isn’t to cheat the audience. The former L.A. Times, Sports Illustrated and ESPN writer sized up the room of about 30 bunched into the center of an independent book store in Manhattan Beach the other night and declared: As a golfer, your president is all about... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-04-22 00:00:00 UTC ]
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American Media Inc. is selling the National Enquirer to Hudson News Deputy Chairman James Cohen, according to The Washington Post, letting the embattled publisher jettison the tabloid after being accused of trying to blackmail the world’s richest man. Cohen will pay $100 million for the... Continue reading at Advertising Age
[ Advertising Age | 2019-04-19 00:00:00 UTC ]
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Sports writer Rick Reilly says the president "kicks the ball out of the rough so many times the caddies call him Pelé." Continue reading at The Huffington Post
[ The Huffington Post | 2019-04-02 17:32:34 UTC ]
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Michelle Obama's publisher said that her book "Becoming" has sold almost 10 million copies and could be the most successful memoir in history, Bloomberg reported Tuesday. The success of the former first lady's book helped German media company Bertelsmann SE, which owns American mega-publisher... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-03-26 00:00:00 UTC ]
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