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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Pearson has acquired professional testing company Certiport, paying $140m in cash for the US... Continue reading at The Bookseller
[ The Bookseller | 2012-05-16 00:00:00 UTC ]
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The Pottermore ebook store sold £3m-worth of Harry Potter ebooks in its first month, the... Continue reading at The Bookseller
[ The Bookseller | 2012-05-04 00:00:00 UTC ]
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Duncan Baird Publishers is to remove digital rights management (DRM) from its future and backlist... Continue reading at The Bookseller
[ The Bookseller | 2012-05-03 00:00:00 UTC ]
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Bobit Business Media, the b-to-b media company specializing in the vehicle-fleet business, announced Tuesday that it has has acquired Newport Business Media, whose brands include Heavy Duty Trucking (HDT), TruckingInfo.com, Heavy Duty Aftermarket Journal and Newport Poster Network. Continue reading at Folio Magazine
[ Folio Magazine | 2012-05-02 00:00:00 UTC ]
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Harvill Secker has acquired a debut novel from Anglo-Afghan documentary-maker and writer, Saira... Continue reading at The Bookseller
[ The Bookseller | 2012-04-03 00:00:00 UTC ]
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LG has made no secret of its fondness for flexible e-paper, but those dreams became a reality today, with the announcement of a six-inch display that promises to "revolutionize the ebook market." The malleable plastic display sports a resolution of 1024 x 768 and can bend at an angle of up to 40... Continue reading at Engadget
[ Engadget | 2012-03-29 00:00:00 UTC ]
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Hachette Group company Octopus Publishing has acquired children's non-fiction publisher... Continue reading at The Bookseller
[ The Bookseller | 2012-03-27 00:00:00 UTC ]
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Publishing house Green World Media Ltd today announces the launch of its first title, Nigerian Watch, a free monthly newspaper aimed at Britain’s substantial Nigerian community. Nigerian Watch will meet the demand for an engaging publicati ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-03-19 00:00:00 UTC ]
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Picador has acquired a memoir by US blogger Jenny Lawson, known as "The Bloggess", with... Continue reading at The Bookseller
[ The Bookseller | 2012-03-16 00:00:00 UTC ]
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Vintage has acquired the licence to publish Ian Fleming's James Bond titles across all... Continue reading at The Bookseller
[ The Bookseller | 2012-03-16 00:00:00 UTC ]
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HarperCollins has signed a three-book crime thriller series written by debut author and former... Continue reading at The Bookseller
[ The Bookseller | 2012-03-16 00:00:00 UTC ]
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Sceptre has acquired a "compendium of typos" described as "the perfect word-lovers... Continue reading at The Bookseller
[ The Bookseller | 2012-03-13 00:00:00 UTC ]
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Pan Macmillan has acquired the memoirs of Nanny Pat, who stars in ITV1's "The Only Way... Continue reading at The Bookseller
[ The Bookseller | 2012-03-06 00:00:00 UTC ]
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Macmillan Children’s Books has acquired three titles from its Young Sherlock Holmes author... Continue reading at The Bookseller
[ The Bookseller | 2012-03-05 00:00:00 UTC ]
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OverDrive has acquired Australian ebook company Booki.sh for an undisclosed sum in a move which... Continue reading at The Bookseller
[ The Bookseller | 2012-03-05 00:00:00 UTC ]
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The Web magazine will publish an expanded look at books on the first Saturday of each month, as stand-alone book review sections in newspapers have dwindled. Continue reading at The New York Times
[ The New York Times | 2012-03-02 00:00:00 UTC ]
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Simon & Schuster has acquired a novel called The Meryl Streep Movie Club, in which four women... Continue reading at The Bookseller
[ The Bookseller | 2012-03-01 00:00:00 UTC ]
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Mira has acquired three books by Pam Jenoff, marking a return to the publisher by the author who... Continue reading at The Bookseller
[ The Bookseller | 2012-02-29 00:00:00 UTC ]
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BBC Books has acquired a title by chefs Ken Hom and Ching-He Huang, both Chinese food specialists... Continue reading at The Bookseller
[ The Bookseller | 2012-02-28 00:00:00 UTC ]
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If there was any question that copyright law in the digital age is reaching a critical point, a coalition of Web sites on January 18 offered a stark reminder. In the largest online protest in Internet history, some 7,000 popular sites went dark or otherwise altered their sites, successfully... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-02-27 00:00:00 UTC ]
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