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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Why Time, Conde Nast and other magazine publishers are charging into brand licensing

With ad revenue challenging, magazine publishers including Time Inc. and Conde Nast are doubling down on brand licensing. The post Why Time, Conde Nast and other magazine publishers are charging into brand licensing appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-06-13 00:00:00 UTC ]
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Time to talk up the industry

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[ The Bookseller | 2017-05-27 00:00:00 UTC ]
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Unit Sales Rose 3% at the End of April

At outlets that report to NPD BookScan, unit sales of print books were 3% higher in the week ended Apr. 30, 2017, than in the similar week in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-05 00:00:00 UTC ]
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The ‘Devastating’ Opportunity Cost of Time Inc.’s Sale Process

The process of selling the storied magazine giant comes with an added, intangible price. The post The ‘Devastating’ Opportunity Cost of Time Inc.’s Sale Process appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-05-03 00:00:00 UTC ]
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B&N's New CEO Must Step Up Its Sales

As the new head of Barnes & Noble, Demos Parneros knows his top priority is to stop the sales slide that has plagued the company’s retail stores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-28 00:00:00 UTC ]
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Time Inc. Puts a Hold on Sale Rumors

The publisher will pursue its "own strategic plan," the company announced this morning. The post Time Inc. Puts a Hold on Sale Rumors appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-04-28 00:00:00 UTC ]
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‘I really wanted to do things differently’ Bobbi Brown talks leaving namesake company and staying true to her passion

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[ ABC News | 2017-04-18 00:00:00 UTC ]
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S&S promotes Virtue to special sales and brand role

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[ The Bookseller | 2017-02-10 00:00:00 UTC ]
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Time Inc. Acquires Ad-Tech Company Adelphic to Beef Up Programmatic Advertising

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[ AdWeek | 2017-01-24 00:00:00 UTC ]
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The Weekly Scorecard: Tracking Unit Print Sales for Week Ending January 8, 2017

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[ Publishers Weekly | 2017-01-13 00:00:00 UTC ]
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Ascential to sell Drapers and Nursing Times as it ditches 'heritage' brands

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[ The Guardian | 2017-01-05 00:00:00 UTC ]
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Time Faces Choice of Sale or Reinvention as Digital Power

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[ Advertising Age | 2016-12-13 00:00:00 UTC ]
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BuzzFeed CEO Jonah Peretti talks Facebook Live and Ivanka Trump

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[ Digiday | 2016-10-27 00:00:00 UTC ]
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Joe Ripp out as Time Inc. CEO

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[ Crains New York | 2016-09-13 00:00:00 UTC ]
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Q&A: Time Inc.'s New Digital Chief Talks Ecommerce and What’s Next in Social

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[ AdWeek | 2016-08-09 00:00:00 UTC ]
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Time Inc. Shifts to Selling Ads by Category Instead of by Its Brands. Will It Make A Difference?

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[ Advertising Age | 2016-08-03 00:00:00 UTC ]
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Time Inc. Unifies Sales Force, Eliminates Publishers

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[ Folio Magazine | 2016-07-28 00:00:00 UTC ]
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Ads on Premium Publishers' Sites Are 3 Times More Effective at Boosting Brand Favorability

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Time Inc. Names New President of Brands, CCO to Drive 'Historic Transformation'

Rich Battista's rise at Time Inc. continues. Fifteen months after joining the company, CEO Joe Ripp has named him evp of Time Inc. and president of brands, overseeing all of the company's storied titles.  Battista joined Time in April 2015 as president of People and Entertainment... Continue reading at AdWeek

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Los Angeles Times owner Tribune Publishing Co. has rejected a second buyout offer from rival newspaper publisher Gannett Co., and this time it’s brought in new financial muscle to fend off further overtures: L. A. billionaire Patrick Soon-Shiong. Tribune Publishing announced Monday morning that... Continue reading at Los Angeles Times

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