Steven Swartz to Succeed Frank Bennack as CEO of Hearst Corp.

Steven Swartz was named the new CEO of Hearst Corp., succeeding Frank Bennack. This is an orderly transition at a private company that's known for its stability and buttoned-up culture. Swartz, 51, has been groomed for the role, having been named COO in 2011 and adding the title of president in December. A vet of the print side, he became evp of Hearst’s newspaper division in 2001, having been president and CEO of SmartMoney, then a joint venture between Hearst and Dow Jones & Co. As CEO, he’ll oversee a diversified media empire that encompasses not only 15 daily newspapers and leading consumers magazines including Cosmopolitan and Good Housekeeping but 29 TV stations and ownership in cable networks including A&E and ESPN. His new appointment takes effect June 1. Swartz will become only the seventh CEO in the 126-year history of Hearst, a company that’s had stable leadership against a backdrop of upheaval for the media industry and in contrast to such peers as Time Inc., which is preparing to spin off from Time Warner and replace its CEO; and Martha Stewart Living Omnimedia, which ditched its CEO of six months in December. The man Swartz replaces, Bennack, 80, has been with the company for 50 years, serving as its CEO for 28 years, longer than any of his predecessors except for William Randolph Hearst. Bennack will remain on the board as executive vice chairman and chair of its executive committee. Here’s the text of Bennack’s note to employees announcing the... Continue reading at 'AdWeek'

[ AdWeek | 2013-03-28 00:00:00 UTC ]
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How News Corp is uniting 10 business units and 25,000 employees in a global IT push

Embarking on a new IT project is a major undertaking no matter what your company's scope or size, but when you're News Corp -- with 10 business units and 25,000 employees around the globe -- it's not for the faint of heart.That, however, was exactly the challenge that faced Dominic Shine less... Continue reading at PC World

[ PC World | 2015-10-03 00:00:00 UTC ]
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Hearst's Programmatic Ad Man Talks Cross-Device Attribution

Experience on the buy side and sell side of media brought David Katz to where he is today, running ad solutions at Hearst's Core Audience, the programmatic ad buying division of the publishing giant. The senior director of ad solutions works with hundreds of salespeople, arming them with data... Continue reading at Advertising Age

[ Advertising Age | 2015-09-30 00:00:00 UTC ]
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Cumulus Media Names Mary Berner CEO as Co-Founder Steps Down

Cumulus Media, the second-largest operator of U.S. radio stations behind IHeartMedia, replaced company co-founder Lew Dickey as CEO after an 84% drop in the stock price this year, naming longtime magazine publishing executive Mary Berner to replace him.Mr. Dickey will remain on the board as vice... Continue reading at Advertising Age

[ Advertising Age | 2015-09-30 00:00:00 UTC ]
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Hearst Invests $21 Million in Pop-Culture Network Complex Media

Hearst has made another bet on an emerging pop-culture brand, investing $21 million in Complex Media, a digital-media company that operates websites devoted to music, fashion, food and movies.Hearst, the publisher of Cosmopolitan and Esquire magazines, last year acquired a 25% stake in... Continue reading at Advertising Age

[ Advertising Age | 2015-09-22 00:00:00 UTC ]
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Obituary: Frank Urbanowski, Former Director of MIT Press, Dies

The former MIT Press director who pioneered the strategy of focused disciplinary specialization, created the first university press website, and published the first interactive ebook died late last week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-22 00:00:00 UTC ]
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Bonnier Corp. buys Learnwake.com

Orlando-based Bonnier Corp. — one of the largest special-interest publishing groups in America with more than 30 magazine brands — has purchased Learnwake.com, a wakeboarding instructional content site, for an undisclosed sum, the company announced Friday. Matt Hickman, vice president of brand... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-09-12 00:00:00 UTC ]
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Rupert Murdoch takes 40% News Corp pay cut to $5.1m

Mogul receives fewer stock awards after company plunges to $149m loss, as it is revealed he met Scottish first minister Nicola Sturgeon in New York in JuneRupert Murdoch took a 40% pay cut for the year ending 30 June as his total package for being executive chairman of News Corp fell from $8.7m... Continue reading at The Guardian

[ The Guardian | 2015-09-02 00:00:00 UTC ]
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Stevens‘ boarding school mysteries set for big screen

Robin Stevens’ children’s detective series Murder Most Unladylike has been optioned for television and film by independent production company Pilot Media. Pilot Media optioned the rights from Emily Hayward Whitlock, head of book to film at The Artists’ Partnership, who was acting on behalf of... Continue reading at The Bookseller

[ The Bookseller | 2015-08-29 00:00:00 UTC ]
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Joel Fort dies at 86; iconoclastic psychiatrist testified in Patty Hearst case

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[ Los Angeles Times | 2015-08-28 00:00:00 UTC ]
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New HarperCollins India CEO Named

Ananth Padmanabhan, senior v-p of sales at Penguin Random House India, has been named CEO of HarperCollins India. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-25 00:00:00 UTC ]
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HC India CEO Stepping Down

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[ Publishers Weekly | 2015-08-19 00:00:00 UTC ]
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Steven Mitchell stands out during USC's scrimmage

JuJu Smith-Schuster is the heir-apparent to Nelson Agholor as USC's No. 1 receiver. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-18 00:00:00 UTC ]
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News Corp sees strong growth in digital real estate services and book publishing

The company’s quarterly earnings call beats analysts’ expectations despite a fall in total revenue from the previous quarter and a net loss of $379mNews Corp, owner of the Wall Street Journal and the Times, reported a better-than-expected quarterly results as strong growth in its digital real... Continue reading at The Guardian

[ The Guardian | 2015-08-13 00:00:00 UTC ]
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Direct Sales Drive Educational Development Corp.

Educational Development Corp. added 1,862 home sale reps in the first quarter, helping to drive a 59% jump in sales in the home business division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-20 00:00:00 UTC ]
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How Steven Soderbergh Meticulously Crafts Knick Scenes

A new digital book chronicles the process by which episodes of the Cinemax show is made. The post How Steven Soderbergh Meticulously Crafts Knick Scenes appeared first on WIRED. Continue reading at Wired

[ Wired | 2015-07-20 00:00:00 UTC ]
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HarperCollins UK CEO says “Publishing Entering a Golden Age”

At HarperCollins UK's annual summer party for its authors, UK CEO Charlie Redmayne could not have sounded more positive about the firm's direction in 2015. The post HarperCollins UK CEO says “Publishing Entering a Golden Age” appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-14 00:00:00 UTC ]
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Meredith Corp. Bought an Ad-Tech Company to Make Grocery Shopping Easier

Women's magazine publisher Meredith Corp. has acquired Grocery Server, a digital firm that powers location-based ads for food and retail brands. Grocery Server was founded in 2008 as an ad platform that pulls location data from grocery stores and CPG brands into ads on publishers' websites.... Continue reading at AdWeek

[ AdWeek | 2015-07-13 00:00:00 UTC ]
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Salt's Davies wins Frank O'Connor award

Welsh writer Carys Davies [pictured] has won the €25,000 Frank O’Connor International Short Story Award for her collection The Redemption of Galen Pike, published by the independent Salt Publishing. The award is the single most lucrative prize in the world for a collection of short... Continue reading at The Bookseller

[ The Bookseller | 2015-07-09 00:00:00 UTC ]
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Business.com CEO on How Data Is Transforming Publishing

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[ Advertising Age | 2015-07-02 00:00:00 UTC ]
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