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

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How Brands Find New Audiences As Media Habits Shift

Brands are always on the hunt for new audiences. At ADWEEK's Mediaweek event in New York last week, executives from Coca-Cola's Bodyarmor Sports Nutrition and news publisher The Shade Room discussed how they're expanding their audiences by working with influencers and... Continue reading at AdWeek

[ AdWeek | 2024-11-04 19:20:03 UTC ]
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Good Guy with a Gun: PW Talks with Rachel Wagner

Author Rachel Wagner talks about the mashup of Christianity, masculinity, power, and gun culture in her book, 'Cowboy Apocalypse.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-11-01 05:00:00 UTC ]
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Top NJ Newspapers Will End Print Editions, One Will Close

New Jersey's biggest newspaper, The Star-Ledger, said Wednesday that it will stop publishing its print edition in February amid rising costs and slumping demand for print. (NY Post) The shuttering of The Star-Ledger's printing plant will cause its sister publication, The... Continue reading at AdWeek

[ AdWeek | 2024-10-31 11:55:00 UTC ]
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New Jersey’s largest paper ends daily print editions but will continue online

Star-Ledger’s owner said decision was due to rising costs, decreasing circulation and reduced demand for print copiesThe owner of New Jersey’s largest newspaper says it will stop publishing a daily print version of the paper early next year, but its online version will continue.The Newark... Continue reading at The Guardian

[ The Guardian | 2024-10-31 01:54:30 UTC ]
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‘The Fellini’s 8½ of Comics’: PW Talks with Kevin Eastman, David Avallone, and Ben Bishop

The team behind Drawing Blood, the new graphic novel series from Image Comics, which follows the rapid rise and fall of the cocreator of a Teenage Mutant Ninja Turtles–like superhero team, discusses collaborating, comics history, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-30 04:00:00 UTC ]
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Book Publishing Sales Stayed Hot in August

In the adult trade segment, total sales were up nearly 12% for the month over 2023 at publishers that report to the Association of American Publishers’ StatShot Program. Religious presses were up a hefty 47.4%, and digital audio showed a 38.8% increase. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-29 04:00:00 UTC ]
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‘You don’t want to waste time on climate change’: TV weather’s big problem with the environmental crisis

Lack of time, difficulties with scientific rigour, an uninterested public … television meteorologists open up about why they’re so quiet about the reasons for extreme conditionsWhy do TV and radio forecasts rarely contextualise extreme weather events in terms of the climate crisis? After all,... Continue reading at The Guardian

[ The Guardian | 2024-10-25 14:00:08 UTC ]
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Sales of Boris Johnson’s memoir slump by 62% in second week

Former prime minister’s heavily promoted book, Unleashed, just hung on to No 1 bestseller spot in UKSales of Boris Johnson’s memoir, Unleashed, have slumped by 62% in its second week since publication.The heavily marketed tome, promoted in a prolonged media round by the former prime minister in... Continue reading at The Guardian

[ The Guardian | 2024-10-24 14:17:36 UTC ]
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Publishers Sign Petition Condemning ‘Theft’ by AI Companies

Technology collaborations "are a key part of publishing," said AAP president and CEO Maria Pallante, in a statement on the petition, "but they are built on lawful licenses and respect, not a land grab.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-23 04:00:00 UTC ]
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It’s time Australia called in the big guns on the social media firms. Our democracy is at risk | Belinda Barnet

Meta has made it very clear to Australians that they do not value our journalism or our public interest mediaThe joint select committee on social media and Australian society tabled their interim report on Monday, recommending that the government explore alternative revenue mechanisms to... Continue reading at The Guardian

[ The Guardian | 2024-10-22 04:53:35 UTC ]
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Quarto Group CEO Alison Goff to Step Down

Goff, who joined the Quarto Group in 2022, will step down at the end of the year due to personal reasons. Quarto Group president CK Lau will step in as interim CEO, effective November 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-22 04:00:00 UTC ]
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Comics Sales Soften, but Still Surpass Pre-Pandemic Levels

This year's ICv2 Insider Talks found that while comics sales were down 7% from the “COVID peak” of 2022—with manga, once the primary driver for comics growth, seeing the largest drop—they're still holding strong, with 2023 sales up 67% above 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-22 04:00:00 UTC ]
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Penguin Random House Moves to Prohibit AI Companies From Using Its Books

PRH will add language to its copyright pages prohibiting AI companies from data mining, John Grisham accuse of poaching material, and more. Continue reading at Book Riot

[ Book Riot | 2024-10-21 15:00:00 UTC ]
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Bye, Kindle: 3 companies whose e-readers have actual buttons

These Amazon Kindle alternatives have terrifically tactile physical buttons for turning pages. Boy, is my wife mad at Amazon for killing off the wonderful Oasis line of premium Kindle e-book readers. I, too, am upset—she’s due for an upgrade and the holidays are right around the corner. Continue reading at Fast Company

[ Fast Company | 2024-10-20 04:30:00 UTC ]
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DJI challenges its 'Chinese military company' Pentagon designation in court

DJI has filed a lawsuit against the US Department of Defense over its addition to the Pentagon list that designates it as a "Chinese military company." In its filing, shared by The Verge, the company said it's challenging the designation because it's "neither owned nor controlled by the Chinese... Continue reading at Engadget

[ Engadget | 2024-10-19 12:00:36 UTC ]
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Top 5 TV-Themed Brand Activations at New York Comic Con 2024

It's that time of the year where the Javits Center will be full of superheroes, supervillains, and more. New York Comic Con kicked off Oct. 17 and will run through Oct. 20. While the East Coast leg is not nearly as large as San Diego's version that took place earlier... Continue reading at AdWeek

[ AdWeek | 2024-10-18 16:49:58 UTC ]
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Boris Johnson’s memoir sells more than 40,000 copies in first week on sale

Unleashed, which covers Johnson’s time as mayor of London, foreign secretary and prime minister, was the bestselling book of the weekBoris Johnson’s memoir, Unleashed, sold 42,528 copies in its opening week after being published on 10 October, making it the bestselling book of last week.This... Continue reading at The Guardian

[ The Guardian | 2024-10-15 14:27:52 UTC ]
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Nielsen BookData Releases Book Sales Data on Several Markets

January to August, Nielsen BookData and GfK Entertainment report on fiction and nonfiction sales 'in many regions.' The post Nielsen BookData Releases Book Sales Data on Several Markets appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-10-15 14:26:13 UTC ]
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Bloomsbury Launches In-House Sales Team in North America

Bloomsbury US is launching an in-house sales team for North America, selling all trade titles, including those published by its academic division, direct to national accounts. The team is headed by Sarah Rucker, who comes to the house from HarperCollins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-15 04:00:00 UTC ]
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Intuition Meets Hard Science: PW Talks with Siddharth Ramakrishnan

Neuroscientist and biology professor Siddharth Ramakrishnan analyzes the brain to offer a scientific explanation of intuition in ‘Neuroscience of Tarot: From Imagery to Intuition to Prediction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-11 04:00:00 UTC ]
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