Time Inc. CEO as Sale Talks End: 'This Company Has Largely Under-Exposed Its Brands'

It's official: Time Inc. has not found a buyer -- and is no longer considering offers. In an announcement that put a cap on months of speculation over who would buy the publishing giant and when, Time Inc. said Friday morning that the "Company will continue to pursue its strategic plan."The magazine group, home to brands including Sports Illustrated, People and Time, outlined said strategic plan in corporatespeak that veered from predictable to scary. As any good publisher plan would, it calls for an emphasis on video and "continued growth in digital audiences and digital revenues." It also promised "selective portfolio rationalization" and "continued aggressive reengineering of the cost structure of the Company."These are trying times for magazine publishers. Magazines' print ad revenue, still a crucial source of revenue for the industry, will decline 2% to $12.4 billion this year, according to a recent forecast from eMarketer, and slip another 0.5% next year. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2017-04-28 00:00:00 UTC ]
News tagged with: #friday morning #strategic plan #magazine group #continued growth #digital audiences #digital revenues #magazine publishers #crucial source

Other Publishing stories related to: 'Time Inc. CEO as Sale Talks End: 'This Company Has Largely Under-Exposed Its Brands''


Kindle sales reaching 80% of physical sales, DBW told

Written By: Gayle Feldman Kindle sales of a book could be as much as 80% of its physical sales, Amazon's head of Kindle content told Digital Book World. Russ Grandinetti's speech, 'To Help Publishers Optimize E-book Sales', coincided with the launch of Kindle Singles on Amazon's Kindle store.... Continue reading at The Bookseller

[ The Bookseller | 2011-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle singles #physical sales #dbw told #russ grandinetti #kindle store #bestselling authors #jodi picoult


U.S. Book Show: Book Biz CEOs Discuss Navigating Rapid Changes

More than 800 attendees joined PW and the AALA at this year's U.S. Book Show, where executives from Abrams, Baker & Taylor, Scholastic, and Simon & Schuster kicked off programming with insights on the state of the industry, AI, nurturing talent, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-23 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book show #baker taylor #schuster


EDC Has Small Fiscal 2024 Profit Despite Big Sales Decline

Sales and profits at Educational Development Corp. soared in the early months of the pandemic, but the company has labored to downsize its business after overexpansion led to rising expenses. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #early months


U.S. Book Show 2024: Money Talks

Finance maven and TikTok sensation Vivian Tu wants to be your new rich best friend, someone who will help you navigate the world of personal finance—and help you get rich, too, just like her. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-20 04:00:00 UTC ]
More news stories like this | News stories tagged with:


Are Bookstore Sales Really Down?

Sales at bookstores were down slightly in 2023 and fell again in the first quarter of 2024, according to data from the U.S. Census Bureau. But is the decline due to a drop in sales, or a change in how sales—particularly sales from college stores—are reported? Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-20 04:00:00 UTC ]
More news stories like this | News stories tagged with: #census bureau #bookstore sales


Amazon's Kindle Scribe dips back to an all-time low, plus the rest of this week's best tech deals

Apple and Google recently held events to showcase new products and services. From a deals perspective, that means some older iPads are hitting new low prices — we even spotted a few modest $30 and $50 discounts on brand new iPad Air and iPad Pro models. Google's latest smartphone, the Pixel 8a,... Continue reading at Engadget

[ Engadget | 2024-05-17 16:39:00 UTC ]
More news stories like this | News stories tagged with: #tech deals #all-time low #kindle scribe #buying advice #follow @engadgetdeals #kindle


Amazon Is Hosting a Massive Book Sale

Ebooks, paperbacks, and hardcover editions are deeply discounted through May 20. Continue reading at Wired

[ Wired | 2024-05-16 21:56:31 UTC ]
More news stories like this | News stories tagged with: #hardcover editions #hardcover


Publishing Industry Sales Were Flat in the First Quarter of 2023

Trade publishing sales saw declines in the first quarter, precipitated by drops in the adult nonfiction and children's/YA categories, although audio continues to be a bright spot. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-16 04:00:00 UTC ]
More news stories like this | News stories tagged with: #adult nonfiction #bright spot #trade publishing


The Best Hardcover and Paperback Deals of the Amazon Book Sale

Get some of the most popular hardcovers and paperbacks of the past two years on sale for 50% off today! Continue reading at Book Riot

[ Book Riot | 2024-05-15 15:04:14 UTC ]
More news stories like this | News stories tagged with: #amazon book #paperback #hardcover


'The Way We Live with Authenticity': PW Talks with Author and ‘Guncle’ Jonathan Merritt

The cultural commentator, speaker, literary agent, and author's first children's book 'My Guncle and Me' (Running Press) is a gentle, authentic story of Henry Higgleston, a young boy bullied and teased at school for being different until his “guncle” comes for a visit and shows young Henry that... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #debut children #literary agent #running press #pw caught #children's book


Print Book Sales Fell 4% in April as Nonfiction Struggles

The decline was due in part to an earlier Easter this year, as well as the continued soft sales in the nonfiction category, according to Circana BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #nonfiction category #circana bookscan


This Times Square breastfeeding ad for lactation cookies was taken down, sparking a social media debate

The campaign, featuring pregnant and near-nude celebrity cookbook author Molly Baz, was deemed indecent by a billboard company ahead of Mother’s Day. In case you missed it, last week, Times Square was the home of a 45-foot billboard featuring an image of pregnant celebrity cookbook author Molly... Continue reading at Fast Company

[ Fast Company | 2024-05-14 22:45:00 UTC ]
More news stories like this | News stories tagged with: #times square #cookbook


Salesforce, TIME and Fortune Media are among this year’s Digiday Media Awards winners

This year’s Digiday Media Awards winners celebrate new technologies and the power of partnerships throughout their digital media campaigns. Themes across 2024’s winners include leaning into a surge in short-form video content as consumption for the format increases, implementing more interactive... Continue reading at Digiday

[ Digiday | 2024-05-14 18:30:00 UTC ]
More news stories like this | News stories tagged with: #digital media


Molly Baz’s Pregnant Body Is Too Risque for Times Square

Times Square is no stranger to women's bodies, but a particular advertisement recently stirred controversy, reflecting deep societal tensions surrounding motherhood and female sexuality. The ad promoted lactation cookies in a provocative campaign by breastfeeding startup... Continue reading at AdWeek

[ AdWeek | 2024-05-13 20:32:01 UTC ]
More news stories like this | News stories tagged with: #times square #female sexuality #cookbook


Talking to Leigh Bardugo, Fantasy Superstar

The best-selling author of dark fantasy novels for Y.A. and adult audiences discusses her career and her stand-alone new historical fantasy, “The Familiar.” Continue reading at The New York Times

[ The New York Times | 2024-05-10 20:36:32 UTC ]
More news stories like this | News stories tagged with: #leigh bardugo #best-selling author


Paperbacks and Hardcovers On Sale On Amazon for 50% Off

Emily Henry, Toni Morrison, J.R.R. Tolkien, Dr. Seuss and more books on sale for 50% off today! Continue reading at Book Riot

[ Book Riot | 2024-05-10 18:01:00 UTC ]
More news stories like this | News stories tagged with: #emily henry #toni morrison #dr. seuss


Amazon Launches Massive Six-Day Book Sale

The inaugural Amazon Book Sale will run May 15–20 and feature deep discounts on thousands of books, including 50% off print bestsellers. The e-retailer is touting the event as "The Book Sale of Your Dreams." Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #print bestsellers #book sale #amazon book


U.K. Publishing Sales Rose 3% in 2023

Revenue for U.K. publishing in 2023 was £7.1 billion, about $8.9 billion at current exchange rates, the U.K.'s Publishers Association reported. Growth areas included exports, sales, and digital audiobooks, which saw double digit growth. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #digital audiobooks #publishers association