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 months as it continues to integrate other Time publicationssuch as People, Entertainment Weekly and InStyleinto a lineup that includes Better Homes & Gardens and Family Circle, according to a statement Wednesday. The cuts would be on top of firing notices that have been given to 200 employees, the company said Wednesday.It previously had roughly 9,500 employees, including Time Inc. staffers. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2018-03-22 00:00:00 UTC ]
News tagged with: #sports illustrated #meredith corp #bought time #entertainment weekly #homes gardens #family circle #including time

Other Publishing stories related to: 'Meredith plans to axe 1,200 jobs and sell Time, Fortune, Sports Illustrated'


'The Time Traveler's Wife' gets a sequel

A preview of the upcoming sequel is available via the recently released ebook edition of 'The Time Traveler's Wife.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-09-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time traveler


Jobs to go as Nelson Thornes integrated with OUP

All 190 staff at Nelson Thornes are set to go into consultation over their jobs as the... Continue reading at The Bookseller

[ The Bookseller | 2013-09-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nelson thornes


The Opportunities and Casualties of the Time Inc. Spinoff

With Time Inc. spinning off from Time Warner early next year, what will happen to the corporate entanglements between the two? The fact is, there hasn’t been that much synergy to speak of, but some relationships will be affected. Those in the crosshairs include: CNNMoney.com The spinoff’s... Continue reading at AdWeek

[ AdWeek | 2013-09-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #important resource #editors alike


Canadian Publishing, 2013: A Time of Opportunity

Despite some trouble spots, Canadian publishers are seeing opportunites for growth. Check out our special report on the state of Canadian publishing to get the scoop on what's really going on in this market of 34-million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-09-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #canadian publishing #trouble spots #canadian publishers #special report


UBM Sells Second Property This Week

Penton and NewBay Media each made M&A news this week, while UBM has agreed to sell a second property since Monday's announcement that CEO David Levin intends to step down in 2014. UBM Live, a division of the Continue reading at Folio Magazine

[ Folio Magazine | 2013-09-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #newbay media


Frankfurt Briefcase 2013: What the American Agencies Will Be Selling At the Fair

Barbara Ehrenreich tackles "the truth"; Arianna Huffington tackles success; Elizabeth Gilbert tackles fiction; Alice McDermott tackles being ordinary; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-09-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #american agencies


Amazon title on Financial Times shortlist

The Financial Times and Goldman Sachs Business Book of the Year shortlist has been announced,... Continue reading at The Bookseller

[ The Bookseller | 2013-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year shortlist


Q&A: Nancy Gibbs, Time’s New Managing Editor

Nancy Gibbs has been a long-time member of Time, but with Richard Stengel's departure to the U.S. Continue reading at Folio Magazine

[ Folio Magazine | 2013-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nancy gibbs #managing editor


James Patterson will donate $1 million to indie bookstores

Patterson says a bookstore will need to be 'viable' and have a kids' section to qualify for a donation. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #james patterson #indie bookstores


Time Inc. Is Ready to Launch Its Ambitious New Video Strategy

Last November, then-Time Inc. CEO Laura Lang announced that the company was gearing up to launch a digital video unit complete with new studios and programming, plus a new leader in former Meredith video exec J.R. McCabe, Time Inc.’s first svp, video. It wasn’t exactly a revolutionary move—other... Continue reading at AdWeek

[ AdWeek | 2013-09-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #live show #mobile space


Time’s Top Editor Leaving for State Dept.

With a new CEO and a new set of titles, it's been a busy week (in the midst of a busy year) for Time Inc. Continue reading at Folio Magazine

[ Folio Magazine | 2013-09-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #busy week #busy year


China’s CN Times Books Debuts U.S. List

CN Times Books is the U.S. publishing subsidiary of Beijing Media Time Book Co. Ltd., one of the largest trade book publishers in China. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-09-13 00:00:00 UTC ]
More news stories like this |


Behind Time Inc. Purchase of American Express Publishing Lies a Long History

After a two-decade-long relationship between the magazine giant Time Inc. and American Express, Time Inc. plans to close quickly on its purchase of American Express’s publishing division. “This 20-year courtship is finally bei ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-09-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #long history #american express #publishing division


Ether for Authors: Can You Sell Ebooks on the Half Shell?

In Ether for Authors, Porter Anderson looks at the Oyster ebook subscription service, at a CONTEC session ahead in Frankfurt, at book marketing, and more. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-09-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sell ebooks #porter anderson #book marketing


Graphic Novel “Beirut 1990″ is a Timely, Fresh Treatment of War

The new translation of the graphic novel Beirut 1990 is a timely reminder that when it comes to depicting the reality of war, sometimes waiting a while is best. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #timely reminder #fresh treatment


Quality vs. Quantity: Selling Ads Behind a Paywall

Premium content that attracts a highly-targeted audience can maintain its value in spite of raw volume. That’s why instituting a paywall—and likely decreasing your online readership, but increasing revenues from readers—doesn’t have to affect your display advertising sales. Continue reading at Folio Magazine

[ Folio Magazine | 2013-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #selling ads #premium content


Mexico Gets Kindles, Gandhi Bookstores Sell Devices

Amazon opened its Kindle ebookstore in Mexico with 70,000 Spanish-language titles and is selling devices through the Librerías Gandhi bookstore chain. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-08-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon opened #kindle ebookstore


Barnes & Noble retail group CEO sells shares

Mitchell Klipper, CEO of Barnes & Noble Inc.'s retail group, which includes its bookstores but not its Nook unit, sold about 67% of his shares of the company, according to an SEC filing late Monday.Mr. Klipper sold a total of about 400,996 shares for between $13.99 and $14.53 per share.He... Continue reading at Crains New York

[ Crains New York | 2013-08-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #retail group #transition period #strategy related #invested heavily #buy books #recent quarter #net loss #revenue fell


'PW' Jobs Panel Set for Sept. 25

PW’s first breakfast panel discussion for the fall is set for September 25 and will address job trends in the changing publishing market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-26 00:00:00 UTC ]
More news stories like this |


DOJ offers to cut injunction time in Apple ebook case, stays firm on key points

The US Justice Department was insistent that its proposed injunction against Apple for alleged ebook price fixing was the proper remedy earlier this month, but it's now willing to budge on that somewhat. As Reuters reports, the DOJ has offered to cut the length of the injunction from ten to five... Continue reading at Engadget

[ Engadget | 2013-08-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #key points #justice department #publishers starting #external monitor #harsh criticism #antitrust laws #latest proposal