The Koch brothers have reportedly put up $550m to buy Time Inc – why?

The rightwing billionaires are believed to be backing Meredith’s bid for the renowned media group but it is not the most obvious move for the brothersThe Koch brothers don’t usually court media attention so why are the rightwing billionaire businessmen suddenly so interested in Time Inc, the legendary publisher behind Time and People?Charles and David Koch are reported to be putting $550m behind Meredith Corp’s revived bid to purchase Time, the media group established by storied magazine magnate Henry Luce. Related: Company Town: 'quiet tragedy' of an Arkansas community vs the Kochs Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2017-11-17 00:00:00 UTC ]
News tagged with: #meredith corp

Other news stories related to: "The Koch brothers have reportedly put up $550m to buy Time Inc – why?"

New York Times buys viral game Wordle for seven-figure sum

Creator Josh Wardle ‘thrilled’ that newspaper is taking over internet sensationThe New York Times has acquired the viral word game Wordle for an undisclosed seven-figure sum, the publisher announced on Monday.Created by a Reddit engineer and launched in October, Wordle gives players just six... Continue reading at The Guardian

[ The Guardian | 2022-01-31 23:22:01 UTC ]
More news stories like this | All news stories tagged with: #publisher announced #seven-figure sum

The New York Times is buying subscription-based sports site The Athletic

The Athletic, which quickly came to prominence for publishing exclusive reporting and high-quality sports journalism, is getting a new owner. As first reported by The Information, The New York Times has agreed to buy the subscription-based digital media company for $550 million. The deal is... Continue reading at Engadget

[ Engadget | 2022-01-06 17:05:15 UTC ]
More news stories like this | All news stories tagged with: #digital media #daily news

Media startup Ozy shuts down after New York Times report raises concerns

Ozy faced questions about its viewership figures and claims that its co-founder impersonated a YouTube executive on a call with Goldman SachsOzy, a digital media startup, is shutting down less than a week after a New York Times column raised questions about the organization’s claims of millions... Continue reading at The Guardian

[ The Guardian | 2021-10-01 23:52:05 UTC ]
More news stories like this | All news stories tagged with: #digital media #internal investigation

Neil Sheehan Dies at 84; Times Reporter Obtained the Pentagon Papers

His exhaustive coverage of the Vietnam War also led to the book “A Bright Shining Lie,” which won a National Book Award and a Pulitzer Prize. Continue reading at The New York Times

[ The New York Times | 2021-01-07 23:20:39 UTC ]
More news stories like this | All news stories tagged with: #national book award #pulitzer prize #vietnam war #pentagon papers

New York Times reports News Corp bid for S&S

Rupert Murdoch's media giant News Corp has made a bid for Simon & Schuster, according to a report in the New York Times. Continue reading at The Bookseller

[ The Bookseller | 2020-11-17 08:28:03 UTC ]
More news stories like this | All news stories tagged with: #news corp #simon schuster #rupert murdoch

Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster

ViacomCBS is expected to reactivate the sale process for Simon & Schuster this month, and Bertelsmann's chief says he's interested. The post Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-02 18:34:05 UTC ]
More news stories like this | All news stories tagged with: #bertelsmann #simon schuster #sale process #post report

Fundraiser Buys City Lights Time to Plan

San Francisco's City Lights raised nearly half a million dollars on GoFundMe. The money was necessary to cover short term costs and buy time to form a viable strategic and succession plan for the future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-14 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #buy time #million dollars #succession plan

AT&T boosts spending on R&D after four years of declines amid Time Warner buy, investments

AT&T Inc. managed something it hasn’t since 2014: An increase in spending on research and development. The Dallas telecommunications and now media company increased in investment in R&D last year by about $80 million to $1.28 billion, an increase of about 7 percent, it said in its... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-25 16:16:46 UTC ]
More news stories like this | All news stories tagged with: #time warner #exchange commission #$80 million

AT&T boosts spending on R&D after four years of declines amid Time Warner buy, investments

AT&T Inc. managed something it hasn’t since 2014: An increase in spending on research and development. The Dallas telecommunications and now media company increased in investment in R&D last year by about $80 million to $1.28 billion, an increase of about 7 percent, it said in its... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-24 22:58:29 UTC ]
More news stories like this | All news stories tagged with: #time warner

It's a Great Time to Buy a Kindle (and 10 More Tech Deals)

Amazon is clearing out Kindles, and there are some deep discounts on some iPhone alternatives this weekend. Continue reading at Wired

[ Wired | 2019-09-21 11:00:00 UTC ]
More news stories like this | All news stories tagged with: #kindle #deep discounts #great time

Atlantic Books reports operating profit for first time in a decade

Atlantic Books has announced that 2018 saw its first operating profit since 2009. Continue reading at The Bookseller

[ The Bookseller | 2019-09-09 19:58:43 UTC ]
More news stories like this | All news stories tagged with: #operating profit #atlantic books

Amazon Kindle Oasis Review: Now Is the Perfect Time to Buy an E-Reader

In an era of smartphone addiction, a single-purpose device like an e-reader may help you unplug and focus on content that will bring you joy. Continue reading at The New York Times

[ The New York Times | 2019-08-01 09:03:32 UTC ]
More news stories like this | All news stories tagged with: #kindle #perfect time

Amazon reportedly mulls buying Boost from T-Mobile, Sprint

Amazon.com Inc. is interested in acquiring prepaid wireless phone service Boost Mobile from T-Mobile US Inc. and Sprint Corp., Reuters reported, citing people familiar with the matter. Amazon is considering buying Boost for an attached wholesale deal that would allow the buyer to use T-Mobile’s... Continue reading at Advertising Age

[ Advertising Age | 2019-05-31 17:33:29 UTC ]
More news stories like this | All news stories tagged with: #—bloomberg news #york state #online orders #pilot program #download books #kindle e-readers

Los Angeles Times wins Pulitzer Prize for investigative reporting with USC gynecologist series

The Los Angeles Times won the Pulitzer Prize for investigative reporting Monday for its series of stories that exposed a USC gynecologist accused of sexually abusing hundreds of students during three decades at a campus clinic. Three investigative reporters with The Times — Harriet Ryan, Matt... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-16 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #pulitzer prize #investigative reporting

Egypt Turns Back Veteran New York Times Reporter

David D. Kirkpatrick was Cairo bureau chief for The New York Times between 2011 and 2015, and is the author of a recent book on the country. Continue reading at The New York Times

[ The New York Times | 2019-02-19 00:00:00 UTC ]
More news stories like this |

Salesforce's Marc Benioff is buying Time magazine, boosting his influence

Marc Benioff, the billionaire co-founder of software maker Salesforce.com Inc., is making a play to project his influence far beyond Silicon Valley with the purchase of Time magazine. The 53-year-old entrepreneur and his wife, Lynne, agreed to pay $190 million in cash to Meredith Corp. for the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #meredith corp #time magazine #silicon valley #marc benioff

Salesforce Billionaire Marc Benioff Agrees to Buy Time Magazine

Marc Benioff, the chief executive of Salesforce. He and his wife, Lynne, have agreed to buy Time magazine from Meredith Corporation for $190 million. Continue reading at The New York Times

[ The New York Times | 2018-09-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #$190 million #meredith corporation #marc benioff

Monday Wake-Up Call: Salesforce co-founder is buying Time. Plus, why Alex Bogusky rejoined CP&B

Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app. What people are talking about today: Time magazine is getting new... Continue reading at Advertising Age

[ Advertising Age | 2018-09-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #sports illustrated #lifestyle brands #iconic titles #treasure trove

Conde Nast will reportedly put a 'For Sale' sign on its Brides, Golf Digest and W magazines

The New York Times is out with a grim scoop from medialand this afternoon in a post headlined "Facing Losses, Cond Nast Plans to Put 3 Magazines Up for Sale." Oddly enough, you have to dive pretty deep into the story by Edmund Lee and Sapna Maheshwari to find out which three mags. So we... Continue reading at Advertising Age

[ Advertising Age | 2018-08-02 00:00:00 UTC ]
More news stories like this |

AT&T wants to buy Time Warner to 'weaponize' its content, government says at start of antitrust trial

The biggest U.S. antitrust case of this century kicked into high gear on Thursday as a government lawyer warned that AT&T Inc. wants to buy media giant Time Warner Inc. to “weaponize” its must-have content — a move that would raise prices for consumers and hinder innovation. “Time Warner... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-23 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #time warner #raise prices #high gear #antitrust case #antitrust trial