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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Orion imprint Indigo has acquired two YA books by American debut author, Tess Sharpe. Editorial... Continue reading at The Bookseller
[ The Bookseller | 2012-08-21 00:00:00 UTC ]
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Hodder & Stoughton has acquired the first official book tying in to E4 series "Misfits... Continue reading at The Bookseller
[ The Bookseller | 2012-08-20 00:00:00 UTC ]
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Hodder & Stoughton and St Martin's Press have acquired a new Roman crime series from... Continue reading at The Bookseller
[ The Bookseller | 2012-08-15 00:00:00 UTC ]
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Waterstones will feature Jamilia by Kyrgyzstan author Chingiz Aytmatov, originally published... Continue reading at The Bookseller
[ The Bookseller | 2012-07-30 00:00:00 UTC ]
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The publisher has bought a Bloomington, Ind.-based company called Author Solutions, which so far has attracted 150,000 authors releasing their own books. Continue reading at The New York Times
[ The New York Times | 2012-07-19 00:00:00 UTC ]
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Harvill Secker has acquired the new novel by Henning Mankell, a historical thriller entitled A... Continue reading at The Bookseller
[ The Bookseller | 2012-07-18 00:00:00 UTC ]
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Osprey has close to doubled in size with the acquisition of Duncan Baird Publishers, including... Continue reading at The Bookseller
[ The Bookseller | 2012-07-18 00:00:00 UTC ]
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Andrew Hodder-Williams has been appointed to the role of publishing director at Lion Hudson.... Continue reading at The Bookseller
[ The Bookseller | 2012-07-11 00:00:00 UTC ]
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Led by big dollar gains at Amazon and Walt Disney Co., the Publishers Weekly Stock Index rose 16.7% in the first six months of 2012, almost triple the increase posted by the Dow Jones Industrial Average. Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-07-06 00:00:00 UTC ]
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Little, Brown has acquired the official memoir from Pudsey, the canine half of this year's... Continue reading at The Bookseller
[ The Bookseller | 2012-07-05 00:00:00 UTC ]
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Bloomsbury has completed the purchase of creative publishers Applied Visual Arts Publishing (AVA... Continue reading at The Bookseller
[ The Bookseller | 2012-07-02 00:00:00 UTC ]
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Canongate has acquired the first literary novel by Jonathan Grimwood. The author has previously... Continue reading at The Bookseller
[ The Bookseller | 2012-06-29 00:00:00 UTC ]
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Hodder lifestyle imprint Saltyard Books has acquired the first cookbook by Florence Knight, 26-... Continue reading at The Bookseller
[ The Bookseller | 2012-06-29 00:00:00 UTC ]
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HONG KONG — The Australian mining billionaire Georgina Rinehart has threatened to sell her recently acquired 19 percent stake in Fairfax Media, sending shares in the Australian publisher tumbling on Tuesday. The announcement is the latest ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-06-26 00:00:00 UTC ]
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Head of Zeus has acquired a "fast-paced thriller", Conspiracy by crime writer Michael... Continue reading at The Bookseller
[ The Bookseller | 2012-06-20 00:00:00 UTC ]
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Penguin Children's UK has acquired intellectual property rights in a new 7+ tween brand, and... Continue reading at The Bookseller
[ The Bookseller | 2012-06-13 00:00:00 UTC ]
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Ball Publishing Company founded in 1968 by John and Carol Ball in Southwestern Ohio has been acquired by Brothers’ Publishing Company LLC, a media company owned by Fred and Keith Foutz, two long time newspaper executives. Their first acqu ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-06-04 00:00:00 UTC ]
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Rielle Hunter, who had an affair with John Edwards and later gave birth to their daughter, has written a book titled "What Really Happened: John Edwards, Our Daughter and Me.'' Continue reading at The New York Times
[ The New York Times | 2012-06-02 00:00:00 UTC ]
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The winner of this year’s Kim Scott Walwyn Prize, Rukhsana Yasmin, has acquired a debut... Continue reading at The Bookseller
[ The Bookseller | 2012-05-23 00:00:00 UTC ]
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Accent Press is publishing a celebrity baking title, with a foreword by "Great British Bake... Continue reading at The Bookseller
[ The Bookseller | 2012-05-17 00:00:00 UTC ]
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