Steve Swartz is a veteran of Hearst’s print business, but as he takes over as CEO this week, he underscored ways the leading magazine company is adapting its products to digital formats. Swartz, the former head of Hearst’s newspaper business and for the past two years, its chief operating officer, officially succeeded Frank Bennack Jr. June 1 as chief executive of the privately run company. At a time when traditional media is challenged to keep up with the digital revolution, Swartz emphasized in a note to employees that the 126-year-old company was constantly reinvigorating its mature businesses. “As in the past, the success of our efforts will be led by the innovators among us, those with the belief in an idea and the drive to see it through, backed by a company willing to invest and take risks,” he wrote. Swartz isn’t expected to swerve radically from the company’s current direction, but he did point to a few new initiatives underway. A digital studio is being launched to research and develop new ideas. He said Hearst was “actively looking” to make more investments in its fastest-growing sectors: business information and entertainment. Swartz also said global expansion would continue to be important, pointing to a network of news and information sites that Hearst is building with one of its publishing partners across several cities in Russia. With Bennack having run Hearst nearly 30 years, it’s hard to imagine a time without him at the helm, and he’s not likely... Continue reading at 'AdWeek'
[ AdWeek | 2013-06-03 00:00:00 UTC ]
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John Grisham’s latest legal suspense novel debuted at #1 on the Apple Books store, knocking ‘Every Breath’ by Nicholas Sparks to #2 from last week. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-31 00:00:00 UTC ]
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Writer, broadcaster and antiques expert Jeremy Cooper has won the inaugural Fitzcarraldo Editions Novel Prize, worth £3,000, for his novel Ash Before Oak. Continue reading at The Bookseller
[ The Bookseller | 2018-10-25 00:00:00 UTC ]
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Martin Scorsese and Leonardo DiCaprio are making their sixth film together, this time interpreting an astonishing nonfiction narrative which occurred in 1920s Oklahoma. After oil was found under their land, the Osage nation became the richest people per capita in the world until they were each... Continue reading at Slate
[ Slate | 2018-10-25 00:00:00 UTC ]
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#richest people
Michael Szczerban has been named v-p and editorial director of a new, as-yet-unnamed imprint at Little, Brown and Company dedicated to illustrated books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-25 00:00:00 UTC ]
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A report conducted by consultancy Frontier Economics has found a "strong" economic case for taking VAT off digital publications in the UK, as permitted under newly agreed European Union rules. Continue reading at The Bookseller
[ The Bookseller | 2018-10-21 00:00:00 UTC ]
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Takeover exposes financial challenges in face of success on FacebookUniLad has been bought by its arch-rival internet company LadBible following a takeover process that laid bare the financial challenges facing online publishers.The two British companies – who were competitors but have an... Continue reading at The Guardian
[ The Guardian | 2018-10-17 00:00:00 UTC ]
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The popular gaming chat app wants to be the local bookstore to Steam’s Amazon. Discord hopes to claim a piece of the $29 billion digital PC game sales market by adding a store to its popular gaming chat app. The Discord Store Beta, which is launching today after a limited test run in Canada,... Continue reading at Fast Company
[ Fast Company | 2018-10-16 00:00:00 UTC ]
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We spoke to award-winning children’s illustrator David Small, who returns this October with a "fictional follow-up" to his 2009 memoir Stitches. Continue reading at The Bookseller
[ The Bookseller | 2018-10-15 00:00:00 UTC ]
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[caption id="attachment_138663" align="alignright" width="150"] Jessica Pels[/caption] Hearst Magazines announced several changes to its editorial and leadership staff this week, including appointing Jessica Pels, most recently the digital director of Cosmopolitan.com, as editor-in-chief of... Continue reading at Folio Magazine
[ Folio Magazine | 2018-10-12 00:00:00 UTC ]
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Three Hachette Livre publishers are embarking on a combined strategy to publish the latest novel by bestselling French author Guillaume Musso. Continue reading at The Bookseller
[ The Bookseller | 2018-10-11 00:00:00 UTC ]
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Audiobooks took centre stage at the Frankfurt Book Fair with speakers from across the industry talking up the market, one describing it as "the only growth sector" in the consumer books business. Continue reading at The Bookseller
[ The Bookseller | 2018-10-11 00:00:00 UTC ]
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Months after Troy Young was named president of Hearst Magazines, the company announced a series of sweeping leadership changes across brands today. "Our magazines will always play an integral role, and we are fully committed to them. The complementary strengths of our offerings are what gives us... Continue reading at AdWeek
[ AdWeek | 2018-10-10 00:00:00 UTC ]
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Hannah Lynn has been crowned the winner of the second UK Kindle Storyteller Award, securing the £20,000 prize with her "heart-warming" tale of the after-life, The Afterlife of Walter Augustus. Continue reading at The Bookseller
[ The Bookseller | 2018-10-05 00:00:00 UTC ]
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Joanne Harris, Akala and Ann Cleeves are among the authors who have signed up to take part in this year’s Book Week Scotland. Continue reading at The Bookseller
[ The Bookseller | 2018-10-04 00:00:00 UTC ]
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The hubbub over Bob Woodward's Fear has finally subsided, at least in the Apple Books store, where it has been replaced, at #1, by Kyle Mills and Vince Flynn's 'Red War.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-03 00:00:00 UTC ]
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To put things in perspective, my career in B2B media began in online events. I was brought on to manage client sponsored webinars for Penton (now Informa), and then transitioned to become the company's first virtual trade show manager. Ah, the good ole days… Virtual events have historically been... Continue reading at Folio Magazine
[ Folio Magazine | 2018-10-02 00:00:00 UTC ]
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#media companies
Irish author John Boyne has scooped the £2,000 Goldsboro Books Glass Bell Award for his “sweeping, poignant and comedic odyssey” of post-war Ireland, The Heart’s Invisible Furies (Transworld). Continue reading at The Bookseller
[ The Bookseller | 2018-09-28 00:00:00 UTC ]
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This year there won’t be any Nobel Prize in literature, and Japanese author Haruki Murakami wants to make sure he’s not in the running for its alternate, for which he’d been named a finalist. Murakami said he doesn't want to be considered for the New Academy Prize, a Swedish literary award... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-09-18 00:00:00 UTC ]
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Independent Tales from Publishing has bought the first authorised biography of new Arsenal FC manager Unai Emery. Continue reading at The Bookseller
[ The Bookseller | 2018-09-15 00:00:00 UTC ]
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James Johnston has been promoted to chief financial officer (c.f.o) of Penguin Random House, in a dual US and global role. Johnston, who has spent almost three decades at the publisher, has been leading the publisher's finance group, reporting to PRH c.e.o. Markus Dohle, since the... Continue reading at The Bookseller
[ The Bookseller | 2018-09-13 00:00:00 UTC ]
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