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 ]
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Bonnier Corp. extended its dive market portfolio by acquiring Sport Diver UK, an international magazine that mirrors its own U.S.-based Sport Diver brand. Continue reading at Folio Magazine
[ Folio Magazine | 2013-12-04 00:00:00 UTC ]
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Daily Mirror publisher's Buzzfeed-style website achieves rapid growth thanks to content including its North-o-MeterUsVsTh3m, the Daily Mirror publisher's Buzzfeed-style social content website, has more than doubled its traffic in a month, hitting 7 million unique users in November.Trinity Mirror... Continue reading at The Guardian
[ The Guardian | 2013-12-02 00:00:00 UTC ]
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Edinburgh University Press has acquired the business and publishing assets of Dundee University... Continue reading at The Bookseller
[ The Bookseller | 2013-11-04 00:00:00 UTC ]
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Waiting another month for that new inspirational Gloria Gaynor book? You'll survive, most likely -- but just in case, Amazon's debuting a new program called Kindle First. Customers can get early access to new titles for $1.99 - or for free, if they're a member of the exclusive club that is... Continue reading at Engadget
[ Engadget | 2013-11-01 00:00:00 UTC ]
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Politico, the high-metabolism news site covering Beltway politics, will introduce a glossy, six-times-a-year magazine and companion section of its website next month, the company said Wednesday.Unlike traditional publishers that rely on susbcriptions to build the large circulations that... Continue reading at Advertising Age
[ Advertising Age | 2013-10-30 00:00:00 UTC ]
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Vintage Classics will publish a third book by Stoner author John Williams in January 2014.... Continue reading at The Bookseller
[ The Bookseller | 2013-10-28 00:00:00 UTC ]
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The shortlist for the William Hill Sports Book of the Year Award has been announced, with Zlatan... Continue reading at The Bookseller
[ The Bookseller | 2013-10-28 00:00:00 UTC ]
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The intriguing 007 story isn't beholden to the Bond mystique, both its main strength and biggest weakness.There is no big set piece to open "Solo," the new James Bond novel by British author William Boyd. The secret agent best known as 007 doesn't launch the story with an extravagant car chase,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-10-26 00:00:00 UTC ]
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With sales up in all its major segments, total revenue rose 13% for the first half of 2013, to 49.2 million pounds, at Bloomsbury Publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-10-24 00:00:00 UTC ]
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The former Archbishop of Canterbury Dr Rowan Williams is to chair the judging panel for the... Continue reading at The Bookseller
[ The Bookseller | 2013-10-17 00:00:00 UTC ]
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HarperCollins is to mark Michael Morpurgo's 70th birthday with a month-long celebration in... Continue reading at The Bookseller
[ The Bookseller | 2013-10-16 00:00:00 UTC ]
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The author of literary thriller The Killing Lessons, snapped up by Orion at auction on the eve of... Continue reading at The Bookseller
[ The Bookseller | 2013-10-11 00:00:00 UTC ]
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Lord Sebastian Coe has been longlisted for the £25,000 William Hill Sports Book of the Year... Continue reading at The Bookseller
[ The Bookseller | 2013-10-02 00:00:00 UTC ]
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Hey, EV fans in Texas, you might want to wait until October 1st before purchasing or leasing a Nissan Leaf. That's because the company's taking a leaf out of Tesla's book and giving new owners in Dallas, Fort Worth and Houston a year of unlimited free access to all eVgo charging stations in... Continue reading at Engadget
[ Engadget | 2013-09-27 00:00:00 UTC ]
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It's 1969 and James Bond wakes up in The Dorchester in London. It’s his 45th birthday.... Continue reading at The Bookseller
[ The Bookseller | 2013-09-25 00:00:00 UTC ]
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Orion has signed a trilogy of novels from historian Kate Williams. Jon Wood, deputy group... Continue reading at The Bookseller
[ The Bookseller | 2013-09-19 00:00:00 UTC ]
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According to AAP’s monthly StatShot report, adult ebooks rose only 4.8% in the first six months of 2013 compared to the same period in 2012, hitting $647.7 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-09-19 00:00:00 UTC ]
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Harlequin UK imprint Mira is to publish David Solomons’ Not Another Happy Ending, based on... Continue reading at The Bookseller
[ The Bookseller | 2013-09-18 00:00:00 UTC ]
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The Bexar County Digital Library doesn't have printed books – instead it lets patrons check out ebooks and audiobooks. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-09-17 00:00:00 UTC ]
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Carrey's book, titled 'How Roland Rolls,' centers on a wave who soon learns he is part of something bigger than himself by being one section of the ocean. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-09-10 00:00:00 UTC ]
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