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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Praveen Madan Named CEO and Publisher at Berrett-Koehler

Madan, a former chair of Berrett-Koehler's board of directors, comes to the publisher from Kepler's Books in Menlo Park, Calif., where he has been CEO since 2012, and where he cofounded the bookselling initiative Reimagining Bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-04 05:00:00 UTC ]
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Vignette Books Succeeds In Selling Surprise Vintage Titles

Vignette Books is new online bookstore based in Austin, Tex., cofounded by a former employee at Book People. It has attracted an audience willing to gamble on buying used and vintage books based solely on their categories, without knowing exactly which title will arrive. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-04 05:00:00 UTC ]
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NowThis Hires Its First CEO Since Being Spun Off by Vox Media

Social publisher NowThis, which often sees its trending news and entertainment videos go viral on social platforms, hired media veteran Sharon Mussalli as CEO--its first since the title was spun off from Vox Media in April. The newly independent publisher is now owned by... Continue reading at AdWeek

[ AdWeek | 2023-12-19 09:31:39 UTC ]
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Chris Bowen calls on News Corp to sack Andrew Bolt for column saying Australians sick of ‘kowtowing to the primitive’

Columnist lashes out after climate change minister makes speech during Cop28 declaring ‘profound respect’ for Indigenous people’s care for landFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails,free app or daily news podcastChris Bowen has called on... Continue reading at The Guardian

[ The Guardian | 2023-12-14 05:53:25 UTC ]
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Sales Rose at PRH During a Difficult Year, Says CEO Nihar Malaviya

PRH global CEO Nihar Malaviya thanked employees in a memo for their efforts during a year which saw sales rise over 2022 despite the host of internal challenges the world's largest trade publisher faced in 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-14 05:00:00 UTC ]
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News Corp agreed to pay Bruce Lehrmann $295,000 to settle defamation claim, court documents reveal

Payment revealed after ABC agreed to pay him $150,000 and remove Facebook video of Brittany Higgins and Grace Tame speech at National Press ClubGet our morning and afternoon news emails,free app or daily news podcastNews Corp agreed to pay Bruce Lehrmann $295,000 to drop a defamation suit he... Continue reading at The Guardian

[ The Guardian | 2023-12-06 12:10:09 UTC ]
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David C Cook Names New CEO

Bill Reeves, previously an agent and an executive producer in the Christian entertainment industry, has been named CEO of Christian publisher David C Cook. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-05 05:00:00 UTC ]
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Jaimee Callaway Succeeds Bill Newlin at Avalon

Bill Newlin, longtime v-p and publisher of Avalon Travel, will retire on June 30, 2024, to be succeeded by associate publisher Jaimee Callaway. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-29 05:00:00 UTC ]
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Fox CEO Lachlan Murdoch meets Volodymyr Zelenskiy in signal of support for Ukraine

Media mogul was accompanied by Fox News’ Benjamin Hall, who was injured while covering the war, and Jerome Starkey from UK tabloid the SunThe Fox Corp chief executive, Lachlan Murdoch, has met with Volodymyr Zelenskiy in the Ukrainian capital in what Kyiv said was a “very important signal” of... Continue reading at The Guardian

[ The Guardian | 2023-11-21 01:11:04 UTC ]
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IAC and News Corp call out generative AI companies for scraping their content without compensation

During News Corp’s and IAC’s latest earnings calls, the publishers reiterated their anger toward generative AI companies scraping their content without permission or payment — and what they think the next steps will be. Continue reading at Digiday

[ Digiday | 2023-11-17 05:01:00 UTC ]
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CEO of Hachette Book Group will step down at end of the year

The head of Hachette Book Group, Michael Pietsch, is retiring as CEO and will be succeeded by Hachette UK CEO David Shelley Continue reading at ABC News

[ ABC News | 2023-11-14 20:46:13 UTC ]
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RMIT’s fact check reinstated by Facebook two months after suspension over News Corp voice complaints

Exclusive: Meta suspended RMIT FactLab from Facebook’s fact-checking program after no campaigners claimed it was biasedFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastFacebook has agreed to reinstate RMIT FactLab to... Continue reading at The Guardian

[ The Guardian | 2023-11-08 02:03:36 UTC ]
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Movers and Shakers: Publicis, Jellyfish, WPP, Publicis.Poke, Wavemaker, Dentsu, Hearst and more

Welcome to Campaign's weekly round-up of the hires, departures and promotions across the industry. Continue reading at Media Week

[ Media Week | 2023-11-02 09:10:33 UTC ]
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Victorian premier Jacinta Allan accuses News Corp of using ‘sexualised imagery’ in cartoon

Allan says she doesn’t recall seeing a male politician being drawn in such a wayFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Victorian premier, Jacinta Allan, has slammed a News Corp cartoon that depicts her... Continue reading at The Guardian

[ The Guardian | 2023-10-24 00:40:06 UTC ]
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Brian Napack Out as Wiley CEO

Napack has stepped down as president and CEO of Wiley, and has been replaced on an interim basis by Matthew Kissner. Kissner is charged with overseeing Wiley's plan to make the company more profitable by focusing on its core areas of research and learning. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-10 04:00:00 UTC ]
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Spotify CEO Daniel Ek explains the company’s new audiobook subscription plan

Ek blames Apple for holding back his company’s first foray into audiobooks and confirms his company is in talks with Google about in-app purchases. Spotify is doubling down on audiobooks: Paying subscribers of the music service will now have access to up to 15 hours of audiobook listening as... Continue reading at Fast Company

[ Fast Company | 2023-10-03 16:30:00 UTC ]
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From Serialization to Novelization: On the First Iteration of Frank Herbert’s Dune

If anyone has ever told you Dune is a “tough read,” it would be interesting to see if that same person was able to read an eight‑hundred‑page Stephen King or Harry Potter novel. Although there are dozens and dozens of characters, and various layers of politics, religion, philosophy, and science... Continue reading at Literrary Hub

[ Literrary Hub | 2023-09-27 09:40:37 UTC ]
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Albanese says attacks on Dan Andrews ‘low point in journalism’ as News Corp vitriol continues after resignation

Murdoch papers declare the premier’s electoral popularity was a ‘cult’ and his legacy nothing but a state ‘deep in debt’Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Sunday Herald Sun’s front-page photo of the... Continue reading at The Guardian

[ The Guardian | 2023-09-27 03:28:06 UTC ]
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Coming up for heir: News Corp in uncharted waters with Lachlan Murdoch at the helm

Murdoch Jr does not have the same love for print as father Rupert but newspapers’ influence remains a drawcard for the new bossFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastLachlan Murdoch started his leadership... Continue reading at The Guardian

[ The Guardian | 2023-09-22 15:00:03 UTC ]
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Rupert Murdoch stepping down as chair of Fox and News Corp

Lachlan Murdoch, Murdoch’s eldest son, now seems to be his successor after seven-decade run as controversial media mogulRupert Murdoch stepping down – live updatesRupert Murdoch is stepping down as chair of Fox and News Corp – ending a seven-decade run as one of the world’s most transformative... Continue reading at The Guardian

[ The Guardian | 2023-09-21 13:45:06 UTC ]
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