This week, magazine publisher and TV station owner Meredith Corp. elevated Tom Harty from president of the company's National Media Group to president and chief operating officer, taking on oversight of the Local Media Group as well. That promotion seemed to put Mr. Harty in line to succeed Steve Lacy, 62, who must step down as CEO at the age of 65, per company policy. (Mr. Lacy, before taking the top job, also served as president and COO.)According to Mr. Harty's new employment contract, filed Friday with the SEC, Meredith has set a "determination date" of Sept. 1, 2017, for his ascension to president and CEO:If Harty is not promoted to President and Chief Executive Officer of the Company by September 1, 2017 (the "Determination Date"), Harty shall have the right to terminate his employment with the Company by giving written notice within ninety (90) days after the Determination Date, and such termination shall be deemed to be Termination Without Cause by the Company and treated in accordance of Section 8.2. Continue reading at AdAge.com Continue reading at 'Advertising Age'
[ Advertising Age | 2016-08-13 00:00:00 UTC ]
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After putting select teen and romance titles up for sale last month, New York City-based Dorchester Media has decided to sell the rest of its magazine stable, offering up the eight magazines that comprise the Woman's Romance Group, such as 92-year-old, 250,000-circ. flagship True Story. The move... Continue reading at Folio Magazine
[ Folio Magazine | 2011-03-22 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Tue, 15/03/2011 - 09:07 Simon & Schuster has brought forward publication of its first tie-in titles to the Octonauts CBeebies television series from the summer to the end of March. The publisher had originally signed a deal with Chorion to publish... Continue reading at The Bookseller
[ The Bookseller | 2011-03-15 00:00:00 UTC ]
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Zinio CEO Rich Maggiotto has posted an open letter apologizing for the digital newsstand being down for several days last week and attributing the problem to "misconfigured operational scripts that took down both core and redundant servers at Continue reading at Folio Magazine
[ Folio Magazine | 2011-03-15 00:00:00 UTC ]
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While librarians are pushing for access to more ebooks to satisfy demand, publishers are reconsidering how much that access should be worth. Continue reading at The New York Times
[ The New York Times | 2011-03-15 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 18/02/2011 - 08:10 Michael Joseph has acquired world all language rights to an illustrated memoir by 16-year-old Olympic and Commonwealth diver Tom Daley. Commissioning editor Daniel Bunyard made the deal with Jonathan Harris of Luxton... Continue reading at The Bookseller
[ The Bookseller | 2011-02-18 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Wed, 16/02/2011 - 07:42 Orion chief executive Peter Roche has called increasing ebook sales "welcome" but cautioned that they will put "more of a strain on bricks and mortar" bookselling. Roche was speaking to hundreds of authors, agents and... Continue reading at The Bookseller
[ The Bookseller | 2011-02-16 00:00:00 UTC ]
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New York City-based Dorchester Media LLC is fielding offers for the assets of its Lifestyle Entertainment Teen Magazine and Romance Groups. Continue reading at Folio Magazine
[ Folio Magazine | 2011-02-09 00:00:00 UTC ]
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Total revenue jumped 9 percent to $367 million for Meredith Corp in the second quarter of fiscal 2011, driven by strong advertising growth and integrated marketing services. Total advertising revenue for the first six months of fiscal 2011 jumped 11 percent to $420 million (with total revenue of... Continue reading at Folio Magazine
[ Folio Magazine | 2011-01-25 00:00:00 UTC ]
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As Simon & Schuster prepares to release O: A Presidential Novel, based on the Obama administration and starring a thinly veiled Barack Obama as the character "O," the publisher is trying to keep the identity of its anonymous author under wraps. Slate imagines a few possibilities.[more ...] Continue reading at Slate
[ Slate | 2011-01-19 00:00:00 UTC ]
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