The National Enquirer, the tabloid that billionaire Jeff Bezos accused of extortion earlier this year, is on the block to be sold by parent company American Media Inc. American Media’s board conducted a review of its tabloid business, including the Globe and National Examiner brands, and decided to explore strategic options. That will “likely result in their sale in the near future,” the company said on Wednesday. “We feel the future opportunities with the tabloids can be best exploited by a different ownership,” CEO David Pecker said in a statement. The Enquirer and its owner have come under intense pressure since Bezos made his allegations in a blog post in February. Bezos accused American Media of trying to blackmail him with photos of him with a woman who wasn’t his wife. He also published emails sent to his lawyer, Marty Singer, by American Media executives. The scrutiny extended to American Media’s hedge fund owner, Chatham Asset Management, which was questioned by New Jersey officials over the matter. The Bezos controversy followed a separate flap over the publisher’s ties to President Donald Trump. The company admitted that it worked with the Trump campaign to kill stories about the candidate’s relationships with women. Unloading the Enquirer would shift American Media’s focus toward fitness and lifestyle brands. In recent years, it acquired Us Weekly and Men’s Journal, as well as Bauer Media’s celebrity and teen brands. Bezos, founder and CEO of Amazon,... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-04-11 00:00:00 UTC ]
News tagged with:
#private investigator
#financial losses
#announced earlier
#$256 million
#bloomberg news
#—bloomberg news
Time Inc. will borrow a page from the National Geographic playbook to revive its declining print empire. Joe Ripp, the chief executive of Time Inc., who has unnerved old timers at America’s largest magazine publisher with ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-09-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#joe ripp
Starting today, Alessandra Bastagli has joined Nation Books as its new editorial director. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-09-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#nation books
#starting today
New books in a big religion publishing month include offerings from Joel Osteen, Sam Harris, and Joyce Meyer. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#joel osteen
#sam harris
#joyce meyer
Ellora’s Cave CEO Patty Marks confirmed the house is downsizing in the wake of what she described as "drastic" and unexplained declines in its ebook sales via Amazon. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#unexplained declines
#ebook sales
Popular Scandinavian authors including Jo Nesbø and Stieg Larsson drive growing domestic demand for translated booksBritish readers are devouring foreign fiction in record numbers amid a mini-boom in translated novels, inspired by the success of Scandinavian authors such as Jo Nesbø.Among a... Continue reading at The Guardian
[ The Guardian | 2014-08-24 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#jo nesb
#penguin classics
In a letter to her authors, Ellora’s Cave CEO Patty Marks blames the cuts on unexplained declines in ebook sales through Amazon. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#unexplained declines
#ebook sales
The director of digital sales and channel development at Penguin Random House is to join Hachette... Continue reading at The Bookseller
[ The Bookseller | 2014-08-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital sales
Based out of London, Ben Wright, formerly of PRH, will oversee the new publisher's new group international sales division. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ben wright
Cambridge University Press has reported a sales increase of 5% at constant currency rates in the... Continue reading at The Bookseller
[ The Bookseller | 2014-08-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#flat sales
#underlying growth
#sales increase
About 25% of the sales of a Holt memoir by a debut author have been in Iowa's bookstores, due to the heroic efforts of a Decorah bookseller Kate Rattenborg. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#debut author
National Geographic is the king of the social media jungle, according to a top 10 list released by Shareablee. The New York-based digital data company has ranked NatGeo as the most effective publisher in the social space for the month of July, with 46.4 million engagements on Facebook, Twitter... Continue reading at AdWeek
[ AdWeek | 2014-08-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#photo gallery
#huffington post
Sales of the hundreds of paid-for weekly and monthly titles fell 4.4% compared with previous six months, according to latest healthcheck Continue reading... Continue reading at The Guardian
[ The Guardian | 2014-08-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#4% compared
Title trails last in music magazine sector, selling fewer than 15,000 copies in first half of year Continue reading... Continue reading at The Guardian
[ The Guardian | 2014-08-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#print sales
Bookstore sales for the first six months of 2014 were down 7.9% compared to the same period last year, according to preliminary estimates from the U.S. Census Bureau. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bookstore sales
#9% compared
#preliminary estimates
#census bureau
Google's Chromebook is on the up and up, according to the latest report published by analyst firm Gartner. This year, Gartner estimates that total Chromebook sales will hit 5.2 million, which is up 79 percent from 2013. Looking further out to 2017, the number of units sold should reach 14.4... Continue reading at Betanews
[ Betanews | 2014-08-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#units sold
#education sector
Hearst says October edition will be final print issue, adding that it was too soon to say whether jobs would be affectedCompany magazine, the monthly Hearst UK glossy aimed at younger women, will cease print publication after 36 years in September and go online-only.Hearst announced on Wednesday... Continue reading at The Guardian
[ The Guardian | 2014-08-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#company magazine
#hearst announced
Sales of Russian books in the Ukraine have plummeted in 2014 and the Ukrainian government is looking at passing legislation to curtail imports further. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-08-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#russian books
S&S reported a 12% rise in revenue in the second quarter of 2014, credited the growth to such print bestsellers as Hillary Clinton's 'Hard Choices' and Stephen King's 'Mr. Mercedes.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#simon schuster
#12% rise
#print bestsellers
#hillary clinton
#hard choices
#stephen king
Among the magazines with the largest number of single-copy sales, only four saw increases at the newsstand through the first half of 2014: Prevention and Women's Health, which are owned by Rodale; HGTV Magazine, a joint venture between Hearst and Scripps; and All You, a Time Inc.... Continue reading at Advertising Age
[ Advertising Age | 2014-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#joint venture
#june compared
#year earlier
#report thursday
#audited media
#source interlink
#sports illustrated
Hachette finance chief plays down effect of Amazon tactics as parent Lagardère reports 1% overall dip in salesThe Hachette publishing group has reported a fall in ebook sales as it continues its battle with Amazon over pricing.The publisher of Ian Rankin and Booker prize nominee Joshua Ferris... Continue reading at The Guardian
[ The Guardian | 2014-08-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebook sales
#ian rankin
#online retailer
#bestselling authors