Time Inc. Said to Seek $685 Million for HQ of U.K. Division

Time Inc., the magazine publisher spun off from Time Warner Inc., is seeking around 450 million pounds ($685 million) for the London headquarters of its U.K. unit, according to two people with knowledge of the matter.The company appointed broker Eastdil Secured to sell the Blue Fin building, according to Karen Myers, director of corporate communications at Time Inc.. She declined to comment on the price. The property on the south bank of the River Thames has appeared in movies including "Salmon Fishing in the Yemen" and Woody Allen's "You Will Meet A Tall Dark Stranger."Time Inc. has been reducing its property holdings, selling buildings in Birmingham, Alabama, and Menlo Park, California, according to Myers. The company's U.K. unit was known as IPC media before it was renamed Time Inc. U.K. after the parent company was spun off from Time Warner. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2015-05-08 00:00:00 UTC ]
News tagged with: #corporate communications #south bank #river thames #salmon fishing #woody allen #menlo park #ipc media

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With Interest From Asia, Mid-Core Game Developer nWay Raises $5 Million Series A

NWay, the two-year-old gaming startup behind the Facebook game Chrono Blade, has raised a $5 million Series A round. Co-founder and CEO Taehoon Kim said TransLink Capital, which led the round, is well connected in Asia and that the action RPG has generated interest from Asian publishers. The... Continue reading at AllThingsD

[ AllThingsD | 2013-12-11 00:00:00 UTC ]
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Wiley Posts $15 Million in Restructuring Charges

As it continues its transition from a traditional publisher to a provider of knowledge and knowledge-enabled services, John Wiley said it recorded a $15 million restructuring charge in the second quarter of fiscal 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-10 00:00:00 UTC ]
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Time Inc. execs warn of layoffs

More job cuts could soon hit Time Inc., company executives told their top 300 managers at a quarterly meeting on Monday.The warning came during a question-and-answer session with Norm Pearlstine, Time Inc.'s newly appointed chief content officer. Asked by Time magazine Managing Editor Nancy... Continue reading at Crains New York

[ Crains New York | 2013-12-10 00:00:00 UTC ]
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Bezos in contention for TIME accolade

Amazon founder Jeff Bezos has been named as one of 10 contenders for TIME magazine’s Person... Continue reading at The Bookseller

[ The Bookseller | 2013-12-09 00:00:00 UTC ]
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Reading the New York Times Magazine isn't what it used to be | Michael Wolff

The magazine was once the most hotly anticipated Sunday read. Now it's been eclipsed by the showy T style publicationTwo magazines, both published by the New York Times, arrived in my house over the weekend, one thin, the other thick.The thin one, The New York Times Magazine, is largely about... Continue reading at The Guardian

[ The Guardian | 2013-12-09 00:00:00 UTC ]
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Santa Claus returns as cover star for Christmas edition of Radio Times

Double festive edition on sale on Wednesday will cost £3.20 – a 14% increase on last yearRadio Times is bringing back Santa Claus for its Christmas cover for the first time since 2009, when he was banished as a "symbol of indulgence", although readers will have to stomach a 14% cover price... Continue reading at The Guardian

[ The Guardian | 2013-12-06 00:00:00 UTC ]
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PP’s Shakespeare Book Club: No More Tragedy…It’s Time for Romance

Publishing Perspective’s epic reading of the complete plays of Shakespeare, The Play’s The Thing. is near the finale. Next up: the romances, starting with "Cymbeline." Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-06 00:00:00 UTC ]
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Two million stolen passwords online

A database of more than two million stolen passwords for Facebook, Yahoo and others has been published online, a security firm has found. Continue reading at BBC World

[ BBC World | 2013-12-04 00:00:00 UTC ]
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BuzzFeed Said to Expect 2014 Sales of Up to $120 Million

BuzzFeed, the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials.The sales level will depend on how many advertising deals are booked next year,... Continue reading at Advertising Age

[ Advertising Age | 2013-12-04 00:00:00 UTC ]
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Sales Dip, Losses Rise at Books-A-Million

Sales for the third quarter ended November 2 at Books-A-Million fell 3.5%, to $100.4 million, and its net loss deepened to $7.1 million, from $2.8 million in the third period of 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-26 00:00:00 UTC ]
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Five Revelations from Time Inc.'s First SEC Filing

Time Inc. showed a little leg Friday, filing the first of what is expected to be numerous documents with the Securities and Exchange Commission in the leadup to its spinoff from parent Time Warner.The spinoff, which was announced in March, is expected to happen in the second quarter of 2014.Time... Continue reading at Advertising Age

[ Advertising Age | 2013-11-23 00:00:00 UTC ]
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Times: 'We won't reduce level of children's coverage'

The Times' new literary editor Robbie Millen has promised that the newspaper will not cut its... Continue reading at The Bookseller

[ The Bookseller | 2013-11-22 00:00:00 UTC ]
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Amazon now allows you to gift Prime, just in time for the holidays

If you're still looking for gift ideas for that special someone, Amazon is looking to lend a hand. The online retailer has announced that customers can now give a $79 one-year membership to Prime. Recipients will get an email on the day of the giver's choosing with instructions on how to get... Continue reading at Engadget

[ Engadget | 2013-11-22 00:00:00 UTC ]
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New publishing divisions for Macmillan Children's Books

Macmillan Children’s Books is creating two new publishing divisions—Macmillan Under... Continue reading at The Bookseller

[ The Bookseller | 2013-11-20 00:00:00 UTC ]
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TV Fears 'Race to the Bottom' With Real-Time Bidding

Programmatic buying might be common for digital publishers, but for TV networks, shaking up legacy media buying won't happen easily.Interpublic Group of Cos. announced in August a consortium that includes A&E Networks, Cablevision, Clear Channel and Tribune to build and test an automated... Continue reading at Advertising Age

[ Advertising Age | 2013-11-19 00:00:00 UTC ]
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New England Pie-Time

The Four & Twenty Blackbirds Pie Book by Emily Elsen and Melissa Elsen offers an apple pie perfect for Thanksgiving. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-19 00:00:00 UTC ]
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For John Grisham, a time to reflect on books and politics

Novelist John Grisham talks about his return to Ford County in 'Sycamore Row' and an unpleasant stint as a politician.John Grisham is the world's most successful author of legal thrillers (and one baseball novel, last year's "Calico Joe") with sales of more than 275 million copies to his credit.... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-11-16 00:00:00 UTC ]
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Alex Ferguson print run hits one million

Hodder has now printed more than 1m copies of Sir Alex Ferguson's memoir, My Autobiography... Continue reading at The Bookseller

[ The Bookseller | 2013-11-11 00:00:00 UTC ]
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Time Inc. Limps Toward a Spring Spinout

The world's biggest magazine publisher still makes a lot of money. But it's shrinking every quarter. Tough sell for a Q2 spinout. Continue reading at AllThingsD

[ AllThingsD | 2013-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tough sell