Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app. What people are talking about today: Time magazine is getting new ownership, again. Salesforce co-founder Marc Benioff and his wife, Lynne Benioff, are buying the venerable magazine from owner Meredith Corp. for $190 million, as Bloomberg News reports. Once the deal closes, the magazine will be a personal family holding, but the Benioffs say they won't take a role in journalism-related decisions. In a tweet, the Salesforce chairman and co-CEO called Time "a treasure trove of our history and culture."Can the Benioffs do for Time what Amazon CEO Bezos did for The Washington Post five years ago? As Vanity Fairrecently wrote, Bezos has been seen as the "shining hero of dead-tree media, the face that all struggling print publications see in their dreams at night."Meredith Corp., owner of Better Homes and Gardens, acquired Time Inc. earlier this year; it intends to shed some of Time Inc's most iconic titles because they don't fit Meredith's emphasis on lifestyle brands. Besides Time, what about the other former Time Inc. publications that Meredith is still trying to sell? Recode asks: "Are there any other billionaires out there to buy Fortune or Sports Illustrated?" Continue reading at AdAge.com Continue reading at 'Advertising Age'
[ Advertising Age | 2018-09-17 00:00:00 UTC ]
News tagged with:
#treasure trove
#iconic titles
#lifestyle brands
#sports illustrated
Atlantic publishing director Margaret Stead has bought a debut novel set in the TriBeCa district... Continue reading at The Bookseller
[ The Bookseller | 2012-01-09 00:00:00 UTC ]
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Orbit has acquired a standalone novel by Michael Cobley, author of the space opera trilogy... Continue reading at The Bookseller
[ The Bookseller | 2012-01-09 00:00:00 UTC ]
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#orbit buys
An MP has joined the Bookseller Association's calls for the government to respond to the Mary... Continue reading at The Bookseller
[ The Bookseller | 2012-01-04 00:00:00 UTC ]
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#bookseller association
Books are among the items most commonly bought online, according to a report from market research... Continue reading at The Bookseller
[ The Bookseller | 2011-12-21 00:00:00 UTC ]
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#market research
Waterstone's m.d. James Daunt has called for the government to intervene over tax rates, as... Continue reading at The Bookseller
[ The Bookseller | 2011-12-19 00:00:00 UTC ]
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#luxembourg problem
#james daunt
#tax rates
Simon & Schuster has bought the memoir of entrepreneur and creator of the Giggly Pig sausage... Continue reading at The Bookseller
[ The Bookseller | 2011-12-14 00:00:00 UTC ]
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#simon schuster
Indie crime specialist No Exit Press has acquired the sequel to US author James Sallis' Drive... Continue reading at The Bookseller
[ The Bookseller | 2011-12-14 00:00:00 UTC ]
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#exit press
International Creative Management, which works in partnership with Curtis Brown, has been bought... Continue reading at The Bookseller
[ The Bookseller | 2011-12-13 00:00:00 UTC ]
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#management buy-
#curtis brown
The Booksellers Association has welcomed Mary Portas report into the future of the high... Continue reading at The Bookseller
[ The Bookseller | 2011-12-13 00:00:00 UTC ]
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#booksellers association
Literary agent Fiona Spencer Thomas has sold a thriller by Alex Churton to Anthony Cheetham's... Continue reading at The Bookseller
[ The Bookseller | 2011-12-12 00:00:00 UTC ]
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#alex churton
#anthony cheetham
Literary agent Fiona Spencer Thomas has sold a thriller by Alex Churton to Anthony Cheetham's... Continue reading at The Bookseller
[ The Bookseller | 2011-12-12 00:00:00 UTC ]
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#alex churton
#anthony cheetham
HarperCollins and Canongate have backed Fabers Stephen Pages calls for a new... Continue reading at The Bookseller
[ The Bookseller | 2011-12-09 00:00:00 UTC ]
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Amazon.com has acquired 450 titles from publisher Marshall Cavendish, marking the retailer's... Continue reading at The Bookseller
[ The Bookseller | 2011-12-07 00:00:00 UTC ]
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Bonnier Corporation, publisher of magazines including Field & Stream and Outdoor Life, has purchased four hunting expos from Mequon, Wisconsin-based Target Communications for an undisclosed sum. Continue reading at Folio Magazine
[ Folio Magazine | 2011-12-07 00:00:00 UTC ]
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#bonnier corp
#bonnier corporation
The Penguin Group has bought a 45% stake in Brazil's leading trade publisher, Companhia das... Continue reading at The Bookseller
[ The Bookseller | 2011-12-05 00:00:00 UTC ]
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#penguin group
#45% stake
Time Inc, the parent of IPC Media and the US publishing giant behind titles including People and Time, has appointed Digitas global chief executive Laura Lang as its new chief executive. Continue reading at Media Week
[ Media Week | 2011-12-01 00:00:00 UTC ]
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#ipc media
#publishing giant
Time Warner Inc. has picked Laura Lang, chief executive of the digital-ad firm Digitas, to run its Time Inc. magazine-publishing division, according to people familiar with the matter. Continue reading at AllThingsD
[ AllThingsD | 2011-11-30 00:00:00 UTC ]
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#time warner
#people familiar
Simon & Schuster has bought a book dubbed "The Tiger Mother meets The Last Lecture... Continue reading at The Bookseller
[ The Bookseller | 2011-11-25 00:00:00 UTC ]
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#ss buys
#simon schuster
Financial Times reaches yet another milestone, now boasting one million registrants for its native web app. Apps.FT.com launched in June, after FT decided to go without Apple for its subscription-based app offering. Continue reading at Folio Magazine
[ Folio Magazine | 2011-11-18 00:00:00 UTC ]
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It took some haggling, but Time Warner's publishing unit joins Hearst, Conde Nast and other big publishers on Amazon's new tablet. Continue reading at AllThingsD
[ AllThingsD | 2011-11-16 00:00:00 UTC ]
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#time warner
#kindle fire
#conde nast
#big publishers