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'

Daunt planning more stores, plus 'click and collect'

Waterstones m.d. James Daunt is planning to grow the number of the chain's stores, according... Continue reading at The Bookseller

[ The Bookseller | 2012-05-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #james daunt

Hensher 'ashamed' of Exeter over campus bookshop axe

The University of Exeter and Blackwell's have launched what is being called a "different... Continue reading at The Bookseller

[ The Bookseller | 2012-05-28 00:00:00 UTC ]
More news stories like this |

Axe joins Aurum

Aurum has appointed Jessica Axe to the role of publicity director, with Axe moving from PR agency... Continue reading at The Bookseller

[ The Bookseller | 2012-05-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publicity director #pr agency

Kimmage wins 2012 British Sports Book title

Simon & Schuster's Engage: The Fall and Rise of Matt Hampson by Paul Kimmage has been... Continue reading at The Bookseller

[ The Bookseller | 2012-05-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #matt hampson

UK bookseller Waterstones to start selling Kindles

The UK's biggest bookstore chain has announced that it will start selling Kindles alongside other digital services from Amazon. Waterstones stores will let Kindle owners digitally browse books in-store and link up with special offers, tying into the chain's plans for substantial renovations that... Continue reading at Engadget

[ Engadget | 2012-05-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital services #waterstones stores #special offers #opposite direction #kindle sales

Waterstones to sell Amazon Kindle

UK bookseller Waterstones plans to sell Amazon's Kindle ebook reader and other Kindle digital services. Continue reading at BBC News

[ BBC News | 2012-05-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sell amazon

Postal Service Moves Forward with Location Consolidation Plan

Despite a bill partially designed to stop this effort, the United States Post Service will move forward with its 9-month modified consolidation plan. The first step will consolidate 48 locations this summer, with larger-scale consolidation to follow at the start of 2013. Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #move forward

Kobo to sell Potter ebooks

Kobo is to join the ranks of physical and online booksellers licensed by Pottermore to sell Harry... Continue reading at The Bookseller

[ The Bookseller | 2012-05-17 00:00:00 UTC ]
More news stories like this |

Comma sells Blasim tales to Penguin US

Manchester-based independent Comma Press has sold short story collection The Corpse Exhibition by... Continue reading at The Bookseller

[ The Bookseller | 2012-05-17 00:00:00 UTC ]
More news stories like this |

Los Angeles Times Shutting Down LA Magazine

The Los Angeles Times is shutting down its monthly Sunday magazine, LA. The last issue will be June 3rd and the closure comes after attempts to recast the publication through frequency reductions, management shifts and editorial change-ups. Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #frequency reductions

Apple E-Book Lawsuit: Steve Jobs Swayed Publisher, Complaint Alleges

The complaint says that Jobs was enlisted to sell high-ranking officials in the publisher’s parent company on the wisdom of the proposed pricing scheme. Continue reading at PC World

[ PC World | 2012-05-15 00:00:00 UTC ]
More news stories like this |

Time magazine breastfeeding cover: A shocking 'stroke of genius'

Time magazine's breastfeeding cover story asks: "Are You Mom Enough?" But it might as well ask: "Who Says Print Is Dead?" Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time magazine

PPA Conference: Digital takes up 80% of our time, says Hearst's Dolphin

Although print accounts for 80% of Hearst's revenues, the publisher is spending 80% of its time on the "huge potential" of digital, according to Ella Dolphin, publishing director of Hearst Magazines UK's young women's group. Continue reading at Media Week

[ Media Week | 2012-05-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ella dolphin #ppa conference #huge potential #young women

Pottermore ebook store sells '£3m in first month'

The Pottermore ebook store sold £3m-worth of Harry Potter ebooks in its first month, the... Continue reading at The Bookseller

[ The Bookseller | 2012-05-04 00:00:00 UTC ]
More news stories like this |

Time Inc. Subscription, Advertising Revenues Down in Q1 2012

Time Inc. reports a loss in both advertising and subscription revenue in the first quarter of 2012. Ad revenue decreased five percent (equivalent to $19 million), with subscription revenue down two percent (valued at $6 million). Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #advertising revenues #subscription revenue #$6 million

Time Inc. Shrinking Again

Not a good sign for the magazine business: A rough quarter for Time Inc. the world's biggest magazine publisher. Continue reading at AllThingsD

[ AllThingsD | 2012-05-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #good sign #magazine business

'Steve Jobs' and 'The Help' dominate reading lists in many American cities

Data gathered by Nielsen BookScan for The Daily Beast show many of the same titles are popular in American cities – but exceptions include 'Heaven Is For Real' and 'The Great Gatsby.' Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #steve jobs #american cities #data gathered #nielsen bookscan #great gatsby

Getting a read on the Los Angeles Times Festival of Books

More than 400 authors are scheduled over the two days at USC. Writers as varied as Anne Rice and Jeff Kinney will hold court.What do Sugar Ray Leonard, Judy Blume, Betty White, T.C. Boyle, Rodney King, Joseph Wambaugh and Kareem Abdul-Jabbar have in common? They're just a few of the high-profile... Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #anne rice #jeff kinney #judy blume #rodney king #kareem abdul-jabbar