Texas Monthly Acquired by Billionaire Oil Heiress Randa Duncan Williams

Less than three years after its acquisition by private equity firm Genesis Park, Texas Monthly is changing hands once again. The Austin-based regional magazine confirmed Tuesday that it's being purchased by billionaire oil heiress Randa Duncan Williams in a deal expected to close on June 30. Financial terms of the transaction have not been disclosed (Genesis Park and its founder, Paul Hobby, paid $25 million to acquire the magazine from Emmis Communications in 2016). "I have been an avid Texas Monthly reader since I was a teenager," said Williams, who serves as chairman of Houston-based Enterprise Products, the Fortune 500 oil pipeline company founded by her late father, Dan Duncan, in 1968. "My family is delighted to provide the resources to support this iconic Texas institution, which is nationally recognized for its editorial flair. The journalistic integrity and quality for which Texas Monthly is known will remain unchanged as we build upon what Genesis Park has done over the past two years." Williams will take over as chairman of Texas Monthly, LLC, a newly formed subsidiary of Enterprise Products, upon the sale's completion, which will mark the third ownership change in Texas Monthly's 46-year history. Founder Mike Levy owned it for 25 years before selling, in 1998, to Emmis Communications, which held onto the magazine for 18 years before divesting it and a number of other city and regional mags in late 2016 and early 2017. Genesis Park and Hobby, who took over... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-06-25 20:55:25 UTC ]
News tagged with: #$190 million #great opportunity

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Texas Monthly Acquired by Billionaire Oil Heiress Randa Duncan Williams

Less than three years after its acquisition by private equity firm Genesis Park, Texas Monthly is changing hands once again. The Austin-based regional magazine confirmed Tuesday that it's being purchased by billionaire oil heiress Randa Duncan Williams in a deal expected to close on June 30.... Continue reading at Folio Magazine

[ Folio Magazine | 2019-06-25 20:55:25 UTC ]
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By Attracting National Budgets, Texas Monthly Grows Ad Revenue 31%

Publisher Texas Monthly, which marked its 50th anniversary last month, grew its overall revenue by 39% in 2022, an uptick the privately owned media company attributed to its expanded number of advertising channels and an ongoing effort to cultivate new sources of revenue. The publisher increased... Continue reading at AdWeek

[ AdWeek | 2023-03-13 10:21:33 UTC ]
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William Collins pre-empts Alan Duncan's 'explosive' diaries

William Collins has pre-empted the “explosive” diaries of former UK Foreign Minister Sir Alan Duncan, kept while he served in government from 2016 until the end of 2019. Continue reading at The Bookseller

[ The Bookseller | 2021-03-03 09:34:55 UTC ]
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William Heinemann acquires book on 'degrowth' by Jason Hickel

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Texas Monthly and 5280 Clean Up at the City and Regional Magazine Awards

Columbus Monthly, Seattle Met, and 5280 take home coveted General Excellence prizes, while Texas Monthly earns a total of five awards. The post Texas Monthly and 5280 Clean Up at the City and Regional Magazine Awards appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-06 00:00:00 UTC ]
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Texas Monthly Dominates Again at the City and Regional Magazine Awards

SagaCity Media's Portland Monthly and Sarasota Magazine join Texas Monthly in General Excellence. The post Texas Monthly Dominates Again at the City and Regional Magazine Awards appeared first on Folio:. Continue reading at Folio Magazine

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A New Editor-in-Chief at Texas Monthly Following Sale

Longtime Editor Brian Sweany is replaced by Alcalde Magazine's Tim Taliaferro. The post A New Editor-in-Chief at Texas Monthly Following Sale appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-12-01 00:00:00 UTC ]
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Emmis Sells Texas Monthly for $25 Million

Paul Hobby, whose family once owned the Houston Post, purchases magazine. The post Emmis Sells Texas Monthly for $25 Million appeared first on Folio:. Continue reading at Folio Magazine

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William Morris Endeavor Acquires RWSG

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Texas Monthly

Texas Monthly, on the occasion of its 40th anniversary last September, redesigned the print magazine and followed that up with a relaunch of its website in February. Continue reading at Folio Magazine

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Friday Project acquires William Wharton memoir

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Behold: A reading list for Women’s History Month (and all months).

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Late in 1942 a Buddhist monk living in Los Angeles carefully inscribed his name in a recently published book by the poet Wallace Stevens. The Buddhist monk had moved to Los Angeles from Japan a year earlier. The book was Notes Toward A Supreme Fiction, published by the Cummington Press, a small... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-04 09:49:49 UTC ]
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Garnons-Williams, Killingbeck and Kelly step up at 4th Estate and William Collins

A round of promotions has been revealed across 4th Estate and William Collins with Helen Garnons-Williams promoted to associate publisher across the two HarperCollins imprints and Tom Killingbeck appointed to William Colllins' editorial director, while Anna Kelly will become editorial director... Continue reading at The Bookseller

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Leaver and Smith’s Welbeck Acquires Carlton; Books International Acquires Marston

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[ Publishing Perspectives | 2019-04-01 00:00:00 UTC ]
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Monthly E-Ranking: The Girl on the Train scores 11th month at summit

The Girl on the Train, having dominated the ebook charts throughout 2016, scores the final Monthly E-Book Ranking of the year. Continue reading at The Bookseller

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Texas Prisons Banned My Book About Texas Prisoners

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