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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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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The exercise book contained English Literature essays written by the former Beatles member. Continue reading at BBC News
[ BBC News | 2019-03-26 00:00:00 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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Two children’s books published in Welsh are being sold for just £1 to mark this year’s World Book Day. Continue reading at The Bookseller
[ The Bookseller | 2019-02-09 00:00:00 UTC ]
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HMV has been sold to Canadian music company Sunrise Records & Entertainment Limited after owner Doug Putman put in a rescue bid to save the retailer, with the books side of the business set to continue. Continue reading at The Bookseller
[ The Bookseller | 2019-02-06 00:00:00 UTC ]
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When AT&T announced in August that it had acquired the rights to a pay-per-view golf duel between Tiger Woods and Phil Mickelson on Thanksgiving weekend, its rechristened entertainment divisionWarnerMediafaced a challenge: how to create a golf event that would appeal beyond the sport's... Continue reading at Advertising Age
[ Advertising Age | 2018-11-21 00:00:00 UTC ]
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The former first lady’s autobiography has been warmly reviewed and is No 2 in the UK charts – outsold only by David WalliamsMichelle Obama’s Becoming sold almost nine copies per second on its first day on sale in North America to become the fastest-selling book of the year so far, while in the... Continue reading at The Guardian
[ The Guardian | 2018-11-20 00:00:00 UTC ]
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Meredith Corp. agreed to sell Fortune magazine and its related businesses for $150 million, furthering the company's efforts to shed the news-focused brands it acquired in buying Time Inc. The buyer is Thai businessman Chatchaval Jiaravanon, an owner of the Charoen Pokphand Group conglomerate,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-11-09 00:00:00 UTC ]
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Despite Hurricane Florence, the Southern Independent Booksellers Alliance Discovery Show in Florida last week was among the liveliest in recent memory. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-17 00:00:00 UTC ]
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Questex, the Newton, Mass.-based publisher and trade show producer serving the travel-hospitality and technology spaces, among others, has been acquired by private equity firm MidOcean Partners from Shamrock Capital, which had owned the company since 2014. Financial terms were not disclosed. As... Continue reading at Folio Magazine
[ Folio Magazine | 2018-09-13 00:00:00 UTC ]
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Anil Narang and Carl Wistreich—chairman and CEO, respectively, of AC Business Media—have sold their majority stake in the Wisconsin-based trade magazine publisher to Florida-based private equity firm Boyne Capital, the two sides announced Thursday. Concurrent with the sale, former Grand View... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-31 00:00:00 UTC ]
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Barricade Books, the independent press founded by the late maverick publisher Lyle Stuart in 1990, has been sold. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-21 00:00:00 UTC ]
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Author Nicola Davies will this autumn sell off artwork donated by illustrators such as Steve Antony and Sophy Henn to her #3000Chairs campaign, which raises money to help child refugees. Continue reading at The Bookseller
[ The Bookseller | 2018-08-10 00:00:00 UTC ]
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Usborne has acquired The Garden of Found and Lost, a debut middle-grade novel based on the discovery of a 100-year-old gardener’s notebook at the National Trust’s Ickworth house in Suffolk. Continue reading at The Bookseller
[ The Bookseller | 2018-08-09 00:00:00 UTC ]
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The "majority of publishing assets" of the late Peter Mayer’s company Duckworth have been acquired by independent Prelude Books for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2018-08-03 00:00:00 UTC ]
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For the first time in its 45-year history, Dennis Publishing has been sold. The London-based publisher of The Week and Mental Floss, among numerous others, has been acquired by British private equity firm Exponent, both parties announced Tuesday. Proceeds from the sale will go to the Heart of... Continue reading at Folio Magazine
[ Folio Magazine | 2018-07-31 00:00:00 UTC ]
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TV rights for former agent Hannah Begbie’s debut Mother have been sold to Clerkenwell Films following a four-way auction. Continue reading at The Bookseller
[ The Bookseller | 2018-06-15 00:00:00 UTC ]
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The second-newest imprint in Amazon Publishing’s portfolio offers both audio and ebook editions of works brought together in thematic collections. The first was released during BookExpo in New York City. By Porter Anderson, Editor-in-Chief | @Porter_Anderson A First Collection Bundles Text and... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-11 00:00:00 UTC ]
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