Time Inc. Sells Off Its Mexican Magazines to Concentrate on U.S. and U.K.

Time Inc., the owner of People, Time and Sports Illustrated, said Thursday that it had sold Grupo Editorial Expansin, Mexico's second-largest magazine publisher, to the Latin-American private equity firm Southern Cross Group.Terms of the deal were not disclosed.When Time Inc. bought Grupo in 2005 for an estimated $60 million, then-Time Inc. CEO Ann Moore called "international expansion a key element of our growth strategy." She added, "This represents an exceptional opportunity to establish Time Inc. as a major presence in the dynamic Mexican magazine market." Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2014-06-26 00:00:00 UTC ]
News tagged with: #mexican magazines #sports illustrated #international expansion #key element #growth strategy #major presence

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Richard Ekstract, Magazine Publisher With Link to Warhol, Dies at 92

He was promoting a new trade journal, Tape Recording, when he lent a video recorder to Andy Warhol, who used it to make a classic work with Edie Sedgwick. Continue reading at The New York Times

[ The New York Times | 2023-08-30 19:10:43 UTC ]
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Libby is making it easier to access magazines for free with a supported library card

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[ Engadget | 2023-08-28 17:00:30 UTC ]
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Sex, Time, and Memory: Annie Ernaux’s Young Man, by Manash Firaq Bhattacharjee

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[ World Literature Today | 2023-08-21 20:04:48 UTC ]
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How to watch Christian Cooper discuss 'Better Living Through Birding' at L.A. Times Book Club

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[ Los Angeles Times | 2023-08-16 20:59:16 UTC ]
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Much-hyped biography of Tucker Carlson struggles to sell

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[ The Guardian | 2023-08-15 16:05:23 UTC ]
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[ The Guardian | 2023-08-14 13:30:39 UTC ]
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The Bestselling Science Fiction Books of All Time

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[ Book Riot | 2023-08-08 10:31:00 UTC ]
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Paramount Global sells Simon & Schuster to private equity firm KKR. Here’s what to know

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[ Fast Company | 2023-08-08 08:50:00 UTC ]
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Paramount Agrees to Sell Simon & Schuster to KKR, a Private Equity Firm

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[ The New York Times | 2023-08-07 23:51:30 UTC ]
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Share This Link 9 Times or Never Read a Good Book Again!

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The BBC’s Fergal Keane: ‘The breakdowns get harder to recover from each time’

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[ The Guardian | 2023-08-06 08:30:06 UTC ]
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[ Engadget | 2023-07-28 18:33:17 UTC ]
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[ Publishers Weekly | 2023-07-26 04:00:00 UTC ]
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[ Los Angeles Times | 2023-07-20 20:55:53 UTC ]
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[ Los Angeles Times | 2023-07-19 20:38:21 UTC ]
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