Jon Werther Is Out at Meredith After 3 Years as President | People on the Move

[caption id="attachment_160093" align="alignright" width="150"] Jon Werther[/caption] National Media Group president Jon Werther is out at Meredith Corp. after seven years with the company, effective immediately. In a statement from president and CEO Tom Harty, he said that there aren’t any immediate plans to fill the vacancy, and that the senior leadership team will now report directly to him. Werther joined Meredith in 2012 as chief strategy officer and later took on the role of president for Meredith Digital in 2013, before landing in his final position with the company in 2016. Prior to Meredith, he served as president of marketing and advertising company Simulmedia, and also held several executive-level roles at AOL and Time Warner, Inc. Though a direct explanation about why Werther was leaving the company wasn’t shared, Harty said in the statement, "As we close our fiscal 2019 and enter fiscal 2020 next month, I think this is a good time to pivot and assess where we are and what steps need to be taken to build upon our momentum, including the optimum leadership structure to drive organic revenue growth.” Here are the rest of this week's people on the move... [caption id="attachment_160095" align="alignright" width="150"] Zuri Rice[/caption] Hearst Magazines is growing its editorial video unit, Hearst Originals, with the hires of Zuri Rice and Todd Joyce to the roles of SVP, head of video development and content strategy and VP of video sales, respectively. Rice... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-06-12 20:33:28 UTC ]

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AT&T completes purchase of Time Warner, ushering in new era for Warner Bros., CNN and HBO

Time Warner Inc. is no more. Late Thursday, AT&T Inc. announced that it completed its $85-billion acquisition of Time Warner Inc., just two days after a federal judge in Washington gave the deal the green light. AT&T wasted little time consolidating its hard-fought prize — a blockbuster... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-06-15 00:00:00 UTC ]
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American Media Inc. Acquires Bauer’s Celeb and Teen Titles

The great year of consolidation continues in the mass-market magazine space. National Enquirer publisher American Media Inc. announced Friday that it has acquired 13 celebrity and teen titles from Bauer Media USA—including In Touch, Life & Style, Closer, J-14, and the recently launched Teen... Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-15 00:00:00 UTC ]
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Once a Side Gig, Licensing Has Become a Crucial Revenue Source for Publishers

Execs from Meredith Corp., Penske Media, and Nylon on the ways brand licensing extends well beyond selling the rights to a logo. The post Once a Side Gig, Licensing Has Become a Crucial Revenue Source for Publishers appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-05-01 00:00:00 UTC ]
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Justice Department makes final plea to judge to halt AT&T's proposed purchase of Time Warner or significantly scale it back

The government on Monday made its final plea to a federal judge to block AT&T Inc.’s $85.4-billion purchase of Time Warner Inc. or order it significantly scaled back, arguing that the combined company would be so powerful it would hinder competition and raise pay TV prices for consumers.... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-30 00:00:00 UTC ]
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Joanna Coles on Magazines, Her New Book and the Digital Age

Hearst Magazine's chief content officer sits down with Folio: for a one-of-a-kind interview. The post Joanna Coles on Magazines, Her New Book and the Digital Age appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-04-26 00:00:00 UTC ]
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Time Warner CEO Jeff Bewkes calls government antitrust allegations 'ridiculous'

Time Warner Inc.’s chief executive testified Wednesday that the government’s assertions that AT&T Inc. wanted to buy the company to use its programming as leverage over distributors “makes no sense” because it would limit viewership. “I think it’s ridiculous. It’s not how this works,” Jeff... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-18 00:00:00 UTC ]
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The Economist Taps New Publisher and COO | People on the Move

Meredith Corp. names a publisher for Allrecipes, Glamour hires an art director from Cosmo, and more media moves this week. The post The Economist Taps New Publisher and COO | People on the Move appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-04-13 00:00:00 UTC ]
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Who wore it best? Take your pick of Zuckerberg-as-Gulliver covers

Citizens of Lilliput, unite! We must subdue the evil Gulliverer, Zuckerberg!Variety's just-released cover story doesn't exactly say that, but that's the subtext of the trade magazine's "Gulliver's Travels"-inspired cover illustration (above right). In his piece headlined "Facebook Under Fire:... Continue reading at Advertising Age

[ Advertising Age | 2018-04-03 00:00:00 UTC ]
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Meredith Corp. Shuffles Sales Structure Amid Ongoing Time Inc. Integration

Six group publishers will each oversee a handful of brands, reporting to Meredith Magazines president Doug Olson. The post Meredith Corp. Shuffles Sales Structure Amid Ongoing Time Inc. Integration appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-03-26 00:00:00 UTC ]
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AT&T wants to buy Time Warner to 'weaponize' its content, government says at start of antitrust trial

The biggest U.S. antitrust case of this century kicked into high gear on Thursday as a government lawyer warned that AT&T Inc. wants to buy media giant Time Warner Inc. to “weaponize” its must-have content — a move that would raise prices for consumers and hinder innovation. “Time Warner... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-23 00:00:00 UTC ]
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Meredith Is Putting a Number of Newly Acquired Titles Up for Sale, Including Sports Illustrated

Meredith Corp. CEO Tom Harty had some big news to share with Time Inc. staffers during a town hall yesterday in New York: Legendary (and newly acquired) titles Sports Illustrated, Fortune, Money and Time will be sold. The Iowa-based Meredith owns monthly magazines that target women, including... Continue reading at AdWeek

[ AdWeek | 2018-03-22 00:00:00 UTC ]
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Meredith plans to sell off Time, Fortune and Sports Illustrated and cut 1,000 jobs

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the Money brand, after completing a review of the $1.8-billion deal. The company also intends to eliminate about 1,000 jobs over... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-22 00:00:00 UTC ]
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Meredith plans to axe 1,200 jobs and sell Time, Fortune, Sports Illustrated

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell flagship publication Time as well as Sports Illustrated, Fortune and Money after completing a review of the $1.8 billion deal.The company also intends to eliminate about 1,000 jobs over the next 10... Continue reading at Advertising Age

[ Advertising Age | 2018-03-22 00:00:00 UTC ]
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Times journalist to pen money guide

The Times’ consumer champion Laura Whateley’s debut book, a guide to money management, has been signed by 4th Estate. Continue reading at The Bookseller

[ The Bookseller | 2018-03-22 00:00:00 UTC ]
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Apple Is Buying Texture, the So-Called 'Netflix for Magazines,' in Subscription Push

Apple is acquiring Texture, a digital magazine servicedubbed by media industry observers as "Netflix for magazines"that lets users subscribe to more than 200 titles for $9.99 a month.Texture, offered via the app stores of Apple, Google and Amazon.com Inc., bolsters Apple's efforts in online... Continue reading at Advertising Age

[ Advertising Age | 2018-03-12 00:00:00 UTC ]
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Meredith’s Focus on Magazines for Women Will Likely Mean Selling SI and Time

The 2018 Sports Illustrated Swimsuit Issue is out today, with 2017 SI Rookie Danielle Herrington gracing this year's cover. Former SI cover model Tyra Banks first shared the news with Herrington in a video posted to SI.com this morning. This year's Swimsuit Issue is unique in that the first... Continue reading at AdWeek

[ AdWeek | 2018-02-14 00:00:00 UTC ]
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What's behind the Time Inc. takeover?

Time Inc. decided that if its famous magazine titles such as Time, People and Sports Illustrated were going to survive the wrenching shift from print publishing to digital viewership, the company couldn’t do it alone. And so Time agreed to be acquired by another magazine publisher, Meredith... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-28 00:00:00 UTC ]
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Meredith Corp. to acquire Time Inc. for $2.8 billion

Magazine publisher and broadcast company Meredith Corp. said Sunday afternoon it will acquire Time Inc. in a deal valued at $2.8 billion, a further sign of the steep challenges facing the print magazine industry. The Des Moines, Iowa-based company said in a statement that it has agreed to pay... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-27 00:00:00 UTC ]
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Justice Department sues to block AT&T's purchase of Time Warner, which vows a fight

The U.S. Department of Justice has sued to block AT&T’s proposed $85-billion purchase of Time Warner Inc. — one of the largest media mergers in American history — arguing that a bulked-up AT&T would stifle competition and lead to higher prices for consumers. “This merger would greatly... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-21 00:00:00 UTC ]
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The Koch brothers have reportedly put up $550m to buy Time Inc – why?

The rightwing billionaires are believed to be backing Meredith’s bid for the renowned media group but it is not the most obvious move for the brothersThe Koch brothers don’t usually court media attention so why are the rightwing billionaire businessmen suddenly so interested in Time Inc, the... Continue reading at The Guardian

[ The Guardian | 2017-11-17 00:00:00 UTC ]
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