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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All the times Sally Rooney was saner than Book Media.

It’s delightful, on the one hand, to have a feverish Book Event. I’m as excited as anyone that we’re doing midnight release parties for literary fiction in the year of our lord 2024. That said, we need to talk about the Rooneyverse. This week, we’re getting a novel—Intermezzo—from Sally Rooney,... Continue reading at Literrary Hub

[ Literrary Hub | 2024-09-23 13:55:56 UTC ]
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When I Work names Chip Pearson CEO

Chip Pearson, already a board member at When I Work, will step into the lead executive role after the company's former CEO left after less than two years. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2024-09-20 12:05:09 UTC ]
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U.K. PR Company Midas Opens U.S. Office

London-based communications and PR agency Midas has opened a U.S. office and hired Katharine Myers, most recently senior director of publicity at Little, Brown, to serve as deputy managing director in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-20 04:00:00 UTC ]
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Here’s how the ‘New York Times’ became the ‘Gotham Gazette’ for a single day

Old school newspaper hawkers will be handing out copies of the ‘Gotham Gazette,‘ a newspaper inspired by the new show ‘The Penguin.’ Given the semi-annual world-ending events and the bevy of unhinged, heavily costumed folks behind them, a comic book universe would be an objectively terrible... Continue reading at Fast Company

[ Fast Company | 2024-09-19 14:04:17 UTC ]
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Publishing Sales Saw Solid Six-Month Gains, Per AAP

According to AAP's StatShot program, industry sales were up 5.6% in the first half of 2024. Sales of adult titles rose 6.7%, but sales in the children's and young adult segment fell 2.7%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-19 04:00:00 UTC ]
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Guardian Media Group in talks to sell the Observer newspaper to Tortoise

News publisher Guardian Media Group says it is in talks to sell The Observer newspaper to “slow news” outlet Tortoise Media Continue reading at ABC News

[ ABC News | 2024-09-17 16:30:04 UTC ]
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Hooray, It’s Time for New Books!

This week's new books include an excellent graphic memoir, a fiercely honest memoir, and more. Continue reading at Book Riot

[ Book Riot | 2024-09-17 15:30:00 UTC ]
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Amazon Prime Big Deal Days dates announced: The fall Prime Day sale returns on October 8 and 9

We knew Amazon would revive its Prime Big Deal Days sale event this fall, but we didn’t know the exact dates until today. The online retailer announced that the sale event will return this year on October 8 and 9, giving us all the more reason to call it October Prime Day as we have done in... Continue reading at Engadget

[ Engadget | 2024-09-17 05:03:56 UTC ]
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The Battle Against Book Bans Rages On: PW Talks with Kelly Jensen

PW checks in with the 'Book Riot' writer, whose weekly Censorship News column tracks efforts to ban books in school and libraries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-16 04:00:00 UTC ]
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‘I wanted to write a suburban Reacher’: Richard Osman talks to Lee Child about class, success and the secret to great crime writing

The two bestselling authors who both started in TV discuss writing as a second career, natural justice – and what they really think of literary fictionIn the four years since Richard Osman published his first Thursday Murder Club novel he has consistently topped the bestseller lists, and now his... Continue reading at The Guardian

[ The Guardian | 2024-09-14 09:00:23 UTC ]
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Annapurna's entire video game team has reportedly left the company

The entire Annapurna Interactive team has left the company after its executives walked out, according to Bloomberg. Apparently, the video game publisher's president, Nathan Gary, had been negotiating with Annapurna Pictures' founder Megan Ellison to spin off Annapurna Interactive into its own... Continue reading at Engadget

[ Engadget | 2024-09-13 12:30:45 UTC ]
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Nine CEO Mike Sneesby quits after months of pressure over allegations of toxic culture

Departure comes after news director Darren Wick abruptly left in March and chairman Peter Costello resigned in JuneExit signs: a timeline of Nine Entertainment’s annus horribilisGet our breaking news email, free app or daily news podcastNine Entertainment’s chief executive, Mike Sneesby, will... Continue reading at The Guardian

[ The Guardian | 2024-09-11 23:32:56 UTC ]
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In Germany, Meike Knops Becomes CEO of MVB in November

With a background at Holtzbrinck and in management, Meike Knops is to succeed Ronald Schild as head of MVB on November 1. The post In Germany, Meike Knops Becomes CEO of MVB in November appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-09-11 15:23:58 UTC ]
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Print Book Sales Dipped in Canada in First Six Months of 2024

Unit sales of English-language trade print books sold in Canada fell 2% in the first half of 2024 from the comparable period in 2023 at stores that report data to BookNet Canada. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-11 04:00:00 UTC ]
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Dunya Mikhail Talks Mythology, Translating Her Own Poetry, and Exploring the Past Through Objects

Lit Hub is excited to feature another entry from Poets.org’s “enjambments,” a monthly interview series with new and established poets. This month, they spoke to Dunya Mikhail. Dunya Mikhail is the author of numerous books of poetry, including Tablets: Secrets of the Clay (New Directions, 2024).... Continue reading at Literrary Hub

[ Literrary Hub | 2024-09-09 08:55:06 UTC ]
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Amazon's Kindle is back on sale at its Prime Day price

While you can do pretty much anything on your phone or tablet, sometimes having a dedicated device is the way to go. Opting for an ereader can help reduce eye strain compared with looking at a smartphone screen for hours on end. The battery will last longer too, and you won't have notifications... Continue reading at Engadget

[ Engadget | 2024-09-03 14:56:49 UTC ]
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The best Labor Day tech sales you can still get from Apple, Amazon, Samsung and more

Although the holiday weekend has come to a close, some Labor Day sales are still available. Historically, Labor Day isn't a boon for tech deals but there are always a few decent ones that pop up, particularly in the outdoor tech space. Labor Day sales often overlap with back-to-school sales as... Continue reading at Engadget

[ Engadget | 2024-09-03 14:30:14 UTC ]
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How to send and share large files for free

Although most people have fast internet access nowadays, sending large files and amounts of data remains a problem. This is because free e-mail services such as Outlook.com or Gmail limit the data volume per e-mail sent to a size between 20 and 34 MB, depending on the service. However,... Continue reading at PC World

[ PC World | 2024-08-29 12:00:00 UTC ]
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46 Years an Editor: PW Talks with Ann Regan

Ann Regan is retiring as editor-in-chief of the Minnesota Historical Society Press after 46 years with the press. We spoke with Regan about her long career, how publishing has and has not changed since 1978, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-28 04:00:00 UTC ]
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Sales, Earnings Rose at Penguin Random House in the First Half of 2024

A good performance by PRH US, higher audiobook sales, and contributions from recently acquired companies led to a 13% increase in profits on an 8.5% sales gain at the world's largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-28 04:00:00 UTC ]
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