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 ]
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Texas Officially Bans So-Called “Sexually Explicit” Books; Demands Book Ratings from Vendors

Texas's Governor signs a bill into law that gives him power over what books can be in libraries *and* forces ratings on books. Continue reading at Book Riot

[ Book Riot | 2023-06-15 10:40:00 UTC ]
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Librarians, Publishers File Amicus Briefs in Texas Book Banning Case

With oral arguments set for June 7 before a judge on the Fifth Circuit Court of Appeals, librarians and publishers have weighed in on a closely watched case in Texas concerning the banning of books in Llano County, Texas. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-05 04:00:00 UTC ]
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WME Acquires Ross Yoon Agency

By acquiring the Washington, D.C.–based literary agency, WME signals a deepening focus on literary talent and specifically nonfiction, as well as a physical expansion into the D.C. area. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-02 04:00:00 UTC ]
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A Texas school found the most horrifying way to use public domain Winnie-the-Pooh.

When I saw the trailer for Winnie-the-Pooh: Blood and Honey, I thought we’d reached the nadir of public domain-enabled re-imaginings, but it turns out, it can get much, much more horrifying than a low-budget slasher. Like a picture book in which the beloved bear must face a school shooter.... Continue reading at Literrary Hub

[ Literrary Hub | 2023-05-30 16:28:26 UTC ]
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The Morning After: Meta could launch a Twitter competitor next month

Meta has long been rumored to be building a platform to rival Twitter. After months of speculation, there are finally some details on how it might turn out, according to digital media marketing expert Lia Haberman, who has heard about the app through content creators approached by Meta.Haberman... Continue reading at Engadget

[ Engadget | 2023-05-22 11:15:43 UTC ]
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William Boyd on his friend Martin Amis: ‘He was ferociously intelligent – and very funny’

He saw the world’s cruel absurdities through a comic lens, writes Boyd, who recalls his very first meeting with Amis – and explains why his unmistakable voice will never be forgotten• John Self on Amis: ‘He stamped his style over a generation’• Geoff Dyer on Amis: ‘Mick Jagger in literary... Continue reading at The Guardian

[ The Guardian | 2023-05-22 07:00:49 UTC ]
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Meta’s rumored Twitter competitor could launch as early as next month

Folks are spending less time on Twitter since Elon Musk bought the social media site last year, but there’s still plenty of demand for similar platforms like Mastodon and Bluesky. To that point, Meta has long been rumored to be building its own platform to rival Twitter. After months of... Continue reading at Engadget

[ Engadget | 2023-05-19 18:16:25 UTC ]
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6 new books to check out during AAPI month

From family sagas that span decades to memoirs about chasing the American dream, these 6 AAPI must-reads hit bookshop shelves this May. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-05-18 13:00:16 UTC ]
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Kirk Cameron, aka right-wing Raffi, has a new kids’ book for Pride Month.

Kirk Cameron has had a tough year, not unlike poor, pregnant Mary. “We tried to go to libraries across the country and we’ve been turned away,” he told a church gathering this week in Charlotte, N.C., of touring his conservative children’s book As You Grow, about a tree SYMBOLIZING FAITH getting... Continue reading at Literrary Hub

[ Literrary Hub | 2023-05-17 13:22:18 UTC ]
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Dead Ink wins Republic of Consciousness prize with Missouri Williams’s ‘astonishing’ debut

The award, championing small presses with fewer than five staff, was won by The Doloriad – an audaciously original novel set in a post-apocalyptic dystopiaDead Ink Books has won the Republic of Consciousness prize for small presses for Missouri Williams’s “astonishing” debut novel The Doloriad.... Continue reading at The Guardian

[ The Guardian | 2023-04-26 08:35:38 UTC ]
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As Prince Harry battles the press, why have the other royals given up the fight? | Zoe Williams

If its true that William took a payoff from Murdoch and the royals struck a peace deal, they seem willing to surrender reputations cheaplyPrince Harry has long alleged that the royal family – “the Institution”, as he calls it – is locked in a trap of appeasement with the tabloid media. In their... Continue reading at The Guardian

[ The Guardian | 2023-04-25 16:54:24 UTC ]
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Lucinda Williams Tells Her Secrets

The singer-songwriter reveals herself in a memoir that captures her adventures with charming rogues, puzzled music executives and her own demons. Continue reading at The New York Times

[ The New York Times | 2023-04-14 16:18:11 UTC ]
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Texas Library to Stay Open—For Now

After garnering national headlines, a group of Llano county commissioners on Thursday voted to table the idea of closing its public libraries. But as a federal lawsuit over the library's illegal removal of books it deemed offensive continues, library supporters say the library's future remains... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-14 04:00:00 UTC ]
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Texas County to Consider Shutting Down Library After Book Ban Ruling

After a federal judge ordered the return of more than a dozen books improperly removed from the Llano County Public Library shelves, the county's commissioners are set to discuss shutting the library down altogether. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-11 04:00:00 UTC ]
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MPIBA Booksellers Talk Shop, Book Bans in Texas

About 150 publishing professionals were in attendance at the Mountains and Plains Independent Booksellers Association SpringCon last week. In addition to networking and professional development opportunities, the attendees discussed a new bill in the Texas legislature, which would place more... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-10 04:00:00 UTC ]
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TLA 2023 Preview: Texas Librarians Unite!

The 2023 Texas Library Association Annual Conference, set for April 19-22 in Austin, comes at a crucial moment for the state’s librarians. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-07 04:00:00 UTC ]
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Texas Ranks Among Lowest on Library Use, Highest in Book Bans: Library Use & Spending By State

What states spend the most money on their public libraries and what states see the most use per person? Continue reading at Book Riot

[ Book Riot | 2023-04-06 11:21:40 UTC ]
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Susanna Hoffs Has a Dollar Bill Signed by William S. Burroughs

“I queued up to get his autograph with nothing but a dollar bill for him to sign,” says the pop star, whose debut novel is “This Bird Has Flown.” “He glanced up, amused, gave me a mischievous half-smile and said, ‘Ah, defacing U.S. currency,’ and proceeded to sign it.” Continue reading at The New York Times

[ The New York Times | 2023-04-06 09:00:12 UTC ]
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Arcadia Publishing Acquires Applewood Books

Arcadia Publishing continues to build on its presence in the local nonfiction and regional history market with the purchase of Applewood Books, the Carlisle, Mass.–based publisher with a backlist of 2,500 titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-04 04:00:00 UTC ]
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Judge Finds Texas Library's Book Bans Unconstitutional, Orders Books Returned

In a victory for freedom to read advocates, federal judge Robert Pitman found that Llano County's "targeting and removal" of a host of allegedly "inappropriate" books from library shelves constituted viewpoint and content discrimination. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-03 04:00:00 UTC ]
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