Meredith to buy Time Inc. for upward of $2.8 billion in deal backed by Koch brothers

Time Inc., the steward of some of the country's most circulated and storied magazine brands, will be sold to the lifestyle-magazine publisher Meredith Corp., the companies announced Sunday. Meredith will pay $18.50 per share in the all-cash deal for a company that counts such titles as Time, Sports... Continue reading at 'Baltimore Sun'

[ Baltimore Sun | 2017-11-27 00:00:00 UTC ]
News tagged with: #buy time #koch brothers #pay $18

Other Publishing stories related to: 'Meredith to buy Time Inc. for upward of $2.8 billion in deal backed by Koch brothers'


Meredith to buy Time Inc. for upward of $2.8 billion in deal backed by Koch brothers

Time Inc., the steward of some of the country's most circulated and storied magazine brands, will be sold to the lifestyle-magazine publisher Meredith Corp., the companies announced Sunday. Meredith will pay $18.50 per share in the all-cash deal for a company that counts such titles as Time,... Continue reading at Baltimore Sun

[ Baltimore Sun | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #buy time #koch brothers #pay $18


Meredith, Backed by the Koch Brothers, to Buy Time Inc.

Meredith Corp. has agreed to acquire Time Inc. for $2.8 billion including debt, swallowing the once-mighty home of Fortune and Sports Illustrated after the internet age wreaked havoc on even the most prestigious magazine titles.The $18.50-a-share offer is an all-cash one, Meredith said in a... Continue reading at Advertising Age

[ Advertising Age | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #acquire time #sports illustrated #homes gardens #larger audience #$650 million


Conservative billionaire Koch brothers give $650m to help Meredith buy Time

Texans will not get a say in editorial decisions, says Meredith, as it hails ‘transformative’ deal to merge magazine stablesMeredith Corporation has announced that it is buying the Time Inc publishing group in a “transformative” $1.8bn deal that joins two huge magazine companies. Meredith, which... Continue reading at The Guardian

[ The Guardian | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #homes gardens #family circle #koch brothers


Meredith Bid for Time Inc. Said to Be Backed by Koch Brothers

Earlier talks this year between Time Inc., the publisher of People and Sports Illustrated, and the Meredith Corporation fizzled out. Continue reading at The New York Times

[ The New York Times | 2017-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #koch brothers #sports illustrated


Meredith says Koch brothers will not have control after helping finance Time acquisition

Magazine publisher and broadcast company Meredith Corp. is acquiring Time Inc. in a deal valued at $2.8 billion as it seeks to adapt to the publishing industry’s challenge of migrating from print to the digital age. The Des Moines-based company said Sunday it would pay $18.50 a share for New... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #koch brothers #magazine publisher #deal valued #publishing industry #digital age #pay $18


Meredith to buy Time Inc. for about $1.8 billion

Magazine and broadcasting company Meredith is buying magazine publisher Time for about $1.8 billion to bulk up on readers as the publishing industry navigates the difficult transition to digital from... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #buy time


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 ]
More news stories like this | News stories tagged with: #david koch #meredith corp


The Koch brothers may be backing a Time Inc. acquisition

It seems every few months a headline emerges about Time Inc. and whether or not acquisition talks have begun or stalled. Today the New York Times reports that the ailing media company is once again in talks with the magazine publisher Meredith about a potential purchase. What’s more, the... Continue reading at Fast Company

[ Fast Company | 2017-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #koch brothers #$500 million #growing list


The AirPods Pro drop back to an all-time low, plus the rest of this week's best tech deals

This week, the biggest event in tech took place in Seoul with Samsung's Unpacked showcase. Among other announcements, the company officially unveiled its latest foldable smartphone, the Galaxy Z Fold 5. It's not even available yet, but Amazon is offering a $200 gift card if you pre-order from... Continue reading at Engadget

[ Engadget | 2023-07-28 18:33:17 UTC ]
More news stories like this | News stories tagged with: #6ghz band #record low #buying advice #$100 savings #follow @engadgetdeals #kindle


How Did AT&T’s $100 Billion Time Warner Deal Go So Wrong?

At Time Warner, executives saw AT&T as just a “big phone company from Texas.” At AT&T, they thought Hollywood would play by their rules. That combination led to strategic miscalculation unrivaled in recent corporate history. Continue reading at The New York Times

[ The New York Times | 2022-11-19 10:00:26 UTC ]
More news stories like this | News stories tagged with: #time warner


It's a Great Time to Buy a Kindle (and 10 More Tech Deals)

Amazon is clearing out Kindles, and there are some deep discounts on some iPhone alternatives this weekend. Continue reading at Wired

[ Wired | 2019-09-21 11:00:00 UTC ]
More news stories like this | News stories tagged with: #great time #deep discounts #kindle


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 ]
More news stories like this | News stories tagged with: #meredith corp #acquire time #magazine publisher #deal valued #des moines #iowa-based company #pay $18


‘Their own media megaphone’: what do the Koch brothers want from Time?

The company’s decline is readily apparent – but if the billionaire brothers’ other interests are a guide, their investment will be about more than moneyThat Charles and David Koch are putting $650m into Meredith Corp’s purchase of Time would ordinarily be cause for great soul-searching in media.... Continue reading at The Guardian

[ The Guardian | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david koch #sports illustrated #statement announcing


Your Thursday Wake-Up Call: Time Inc.'s Future Might Involve the Koch Brothers. Plus, P&G's Surprise

Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital-related news. You can now get an audio version of this briefing on your Alexa device. Click here, or search for "Ad Age" under "Skills" in the Alexa app.What people are talking about today: The Koch... Continue reading at Advertising Age

[ Advertising Age | 2017-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #family circle #sports illustrated #big money #times published #climate change


Get a $20 Discount If You Buy 3 Echo Dots on Amazon, For A Limited Time - Deal Alert

Echo Dot is a hands-free, voice-controlled device that uses Alexa to play music, control smart home devices, provide information, read the news, set alarms, read audiobooks from Audible, and more. In fact, new Alexa "skills" are being created all the time. Tell Alexa to start your usual order at... Continue reading at PC World

[ PC World | 2017-04-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #echo dot #voice-controlled device #play music #provide information #quietly published


Books of The Times: Review: In ‘The Arab of the Future 2,’ Back to Syria in 1984

The cartoonist Riad Sattouf; the second volume of his graphic memoir has just been published. Continue reading at The New York Times

[ The New York Times | 2016-10-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #graphic memoir


Digiday Podcast Ep 2. Make or break time for VC-backed publishers

This week on the Digiday Podcast we give the digital media world a reality check. The post Digiday Podcast Ep 2. Make or break time for VC-backed publishers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2015-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digiday podcast #vc-backed publishers #reality check


Fox tried to buy Time Warner -- and HBO -- for $80 billion

Could Fox News and CNN have the same owner? No, but close. 21 Century Fox has confirmed reports (first published by the New York Times) that it made an $80 billion bid for fellow media conglomerate Time Warner -- and was turned down, for now.... Continue reading at Engadget

[ Engadget | 2014-07-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fox news #hbo -- #confirmed reports


Gannett Buying Belo in $2.2 Billion Deal

Gannett, best known as the newspaper publisher behind USA Today, is making a big bet on TV: It is paying $1.5 billion, and taking on $715 million in debt, to acquire local station owner Belo Corp. If the deal gets regulatory approval, Gannett will nearly double its portfolio of TV stations from... Continue reading at AllThingsD

[ AllThingsD | 2013-06-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tv stations #usa today #big bet #paying $1 #regulatory approval


Snapchat getting 6 billion video views daily, but how does it compare to Facebook's 8 billion?

Days after Facebook announced that its users watched videos 8 billion times a day,  Snapchat told the Financial Times on Sunday that its smaller set of users opened videos 6 billion times a day. See the most-read stories this hour >> The statistics reveal fast growth: Since the spring,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-11-10 00:00:00 UTC ]
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