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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Written By: Lisa Campbell Publication Date: Tue, 05/04/2011 - 15:22 Quercus has nearly matched the £1m digital revenue it made from ebooks last year in the first three months of 2011. read more Continue reading at The Bookseller
[ The Bookseller | 2011-04-05 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Mon, 04/04/2011 - 15:00 Biteback has bought the memoir of former Northern Ireland secretary of state and anti-apartheid campaigner Peter Hain. Managing director Iain Dale bought UK and Commonwealth rights (excluding Guam and South Africa) from... Continue reading at The Bookseller
[ The Bookseller | 2011-04-04 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 01/04/2011 - 08:25 Bloomsbury has acquired world rights, following a "heated" five-way auction, to A Lady Cyclist's Guide to Kashgari by debut novelist Suzanne Joinson. Editorial director Helen Garnons-Williams bought the novel in a... Continue reading at The Bookseller
[ The Bookseller | 2011-04-01 00:00:00 UTC ]
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Written By: Bookseller Staff Publication Date: Tue, 29/03/2011 - 21:39 Virago has acquired a debut novel by Canadian author Frances Greenslade, pre-empting the title within 24 hours. Publisher Lennie Goodings acquired UK and Commonwealth rights (excluding Canada) through Bill Hamilton at A M... Continue reading at The Bookseller
[ The Bookseller | 2011-03-30 00:00:00 UTC ]
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Written By: Bookseller Staff Publication Date: Tue, 29/03/2011 - 21:39 Virago has acquired a debut novel by Canadian author Frances Greenslade, pre-empting the title within 24 hours. Publisher Lennie Goodings acquired UK and Commonwealth rights (excluding Canada) through Bill Hamilton at A M... Continue reading at The Bookseller
[ The Bookseller | 2011-03-30 00:00:00 UTC ]
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Publication Date: Tue, 29/03/2011 - 08:11 Michael O'Mara has acquired the autobiography of Brendan Sheerin, star of reality TV series "Coach Trip". Commissioning editor Kate Moore acquired world rights to A Coach Trip Adventure: My Life from Paula McKie of Agency Oakroyd. Sheerin works as a... Continue reading at The Bookseller
[ The Bookseller | 2011-03-29 00:00:00 UTC ]
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Written By: Caroline Horn Publication Date: Mon, 28/03/2011 - 09:29 Waterstones is to roll out new teen sections to around 100 of its stores from April, following a pilot in four stores that began last summer. While figures were not available, Waterstones said it was very pleased with... Continue reading at The Bookseller
[ The Bookseller | 2011-03-28 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 25/03/2011 - 11:55 Random House Children's Books has acquired a debut children's novel by BBC Radio 2 presenter Simon Mayo. Editorial director Kelly Hurst acquired world all language rights in the two-book deal through Sam Copeland at... Continue reading at The Bookseller
[ The Bookseller | 2011-03-25 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 25/03/2011 - 08:33 Penguin has bought what promises to be a "riveting" account of one of the biggest murder cases in Northern Ireland, featuring infidelity, laughing gas and a confession 20 years after the event. Penguin Ireland m.d.... Continue reading at The Bookseller
[ The Bookseller | 2011-03-25 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 24/03/2011 - 15:49 No Exit Press has acquired a "hilarious and satirical novel" by debut author Kevin Holohan, called The Brothers' Lot. Publishing director Ion Mills bought UK and Commonwealth English-language rights, including digital,... Continue reading at The Bookseller
[ The Bookseller | 2011-03-24 00:00:00 UTC ]
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Active Interest Media has acquired BoatQuest.com, adding the online classified page to its portfolio of properties, which includes Yachts Magazine and Show Management. Continue reading at Folio Magazine
[ Folio Magazine | 2011-03-24 00:00:00 UTC ]
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Written By: Caroline Horn Publication Date: Tue, 22/03/2011 - 08:39 Puffin has acquired world rights, including film and TV, in a dystopian romance series Fever by debut author Dee Shulman. The publisher will be showcasing the trilogy at Bologna Children's Book Fair next week and has already... Continue reading at The Bookseller
[ The Bookseller | 2011-03-22 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Fri, 18/03/2011 - 08:33 Collins has bought the rights to a companion book to ITV1's "Downton Abbey", for publication this autumn. Publisher Hannah MacDonald and senior editor Louise Stanley bought world rights in all languages from Gareth Neame, m.d.... Continue reading at The Bookseller
[ The Bookseller | 2011-03-18 00:00:00 UTC ]
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Publication Date: Fri, 18/03/2011 - 10:23 Virgin Books has acquired a "definitive" biography of John Lennon, to be published to coincide with the 40th anniversary of his 1971 song Imagine. Virgin Books publishing director Ed Faulkner acquired UK and Commonwealth rights to Lennon: The Man, the... Continue reading at The Bookseller
[ The Bookseller | 2011-03-18 00:00:00 UTC ]
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Written By: Lisa Campbell and Charlotte Williams Publication Date: Thu, 17/03/2011 - 16:06 Gardners is set to launch its Hive.co.uk website within weeks and has 400 retailers signed up, although some indies have expressed mixed views about the initiative. Speaking at the Independent... Continue reading at The Bookseller
[ The Bookseller | 2011-03-17 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Wed, 16/03/2011 - 09:04 Hodder thriller imprint Mulholland Books has acquired a fiction debut by "Saw" writers Patrick Melton and Marcus Dunstan, and author, screenwriter and illustrator Stephen Romano. Editor Ruth Tross bought British... Continue reading at The Bookseller
[ The Bookseller | 2011-03-16 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 16/03/2011 - 14:59 HarperCollins has bought a book by Jermaine Jackson about the life of his pop star brother Michael. World rights to You are Not Alone: Michael, Through a Brother's Eyes were bought by Natalie Jerome, publishing director for... Continue reading at The Bookseller
[ The Bookseller | 2011-03-16 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 15/03/2011 - 15:32 Faber has acquired two books by Manic Street Preachers' bassist and lyricist Nicky Wire. Editorial director Lee Brackstone bought world rights to the two titles through Robin Turner on behalf of Hall or Nothing management... Continue reading at The Bookseller
[ The Bookseller | 2011-03-15 00:00:00 UTC ]
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Publication Date: Wed, 09/03/2011 - 14:45 Virgin Books has acquired a title by the founders of cult jewellery brand Tatty Devine. Virgin Books editor Hannah Knowles bought world rights to the book, which has a working title of How to Make Jewellery with Tatty Devine, direct from Harriet Vine... Continue reading at The Bookseller
[ The Bookseller | 2011-03-09 00:00:00 UTC ]
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The Association of Magazine Media (MPA) released a study following growth in magazine-created iPad Apps, tracking a decline from previous months numbers. Continue reading at Folio Magazine
[ Folio Magazine | 2011-03-02 00:00:00 UTC ]
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