The spinoff of Time Inc. to create the world's largest publicly-traded magazine publisher may be just the beginning of deals for the owner of People and Sports Illustrated.With analysts estimating an enterprise value of about $3.9 billion—a measure of what it could cost to buy a company—an independent Time Inc. will be bigger than any other publicly held enterprise focused on magazine publishing, according to data compiled by Bloomberg. Following a failed attempt to divest some magazines to Meredith Corp., Time Inc. could actually buy Meredith, which is half its projected size, to consolidate costs, said Wunderlich Securities.Or, Time Inc.'s titles and its more than $3 billion in annual revenue may lure private-equity interest, said Wedbush Inc.Time Inc. "could either be an acquisition target for a larger, traditional publishing company or it could itself be an acquirer," Brett Harriss, an analyst at Gabelli & Co., which owns Time Warner shares, said in an interview. "It's clear that magazine publishing is likely in secular decline. That being said, it doesn't mean it's valueless."The spinoff, planned for this year, will shield Time Warner's cable networks and film studio from the publishing industry's struggles with the transition to the Internet and lower online advertising rates, according to Argus Research Co. Time Warner shares already have risen 7.9% since talks of separating the magazine unit emerged, almost eight months after Rupert Murdoch's News Corp.... Continue reading at 'Crains New York'
[ Crains New York | 2013-03-15 00:00:00 UTC ]
News tagged with:
#jeff bewkes
#declining revenues
#evolving industry
#makes sense
#strategic alternatives
The spinoff of Time Inc. to create the world's largest publicly-traded magazine publisher may be just the beginning of deals for the owner of People and Sports Illustrated.With analysts estimating an enterprise value of about $3.9 billion—a measure of what it could cost to buy a company—an... Continue reading at Crains New York
[ Crains New York | 2013-03-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#strategic alternatives
#makes sense
#evolving industry
#declining revenues
#jeff bewkes
Time's chief operating officer took the stage at the Digiday Publishing Summit to share how he evaluates deals with AI companies. Continue reading at Digiday
[ Digiday | 2024-09-27 04:01:00 UTC ]
More news stories like this | All news stories tagged with:
#publishing summit
#ai companies
Time has joined a growing number of publications to sign a licensing deal with OpenAI. The ChatGPT creator will legally be able to train its large language models on 101 years worth of the storied publication's journalism, as Axios first reported. OpenAI will also have access to real-time... Continue reading at Engadget
[ Engadget | 2024-06-27 14:40:58 UTC ]
More news stories like this | All news stories tagged with:
#magazine publisher
#copyright infringement
#print advertising
#hit hard
#vox media
#revenue source
Apple and Google recently held events to showcase new products and services. From a deals perspective, that means some older iPads are hitting new low prices — we even spotted a few modest $30 and $50 discounts on brand new iPad Air and iPad Pro models. Google's latest smartphone, the Pixel 8a,... Continue reading at Engadget
[ Engadget | 2024-05-17 16:39:00 UTC ]
More news stories like this | All news stories tagged with:
#kindle
#follow @engadgetdeals
#buying advice
#kindle scribe
#pixel 8a
#ipad air
#all-time low
#tech deals
This week, the biggest event in tech took place in Seoul with Samsung's Unpacked showcase. Among other announcements, the company officially unveiled its latest foldable smartphone, the Galaxy Z Fold 5. It's not even available yet, but Amazon is offering a $200 gift card if you pre-order from... Continue reading at Engadget
[ Engadget | 2023-07-28 18:33:17 UTC ]
More news stories like this | All news stories tagged with:
#kindle
#follow @engadgetdeals
#$100 savings
#buying advice
#record low
#6ghz band
It’s back and here to ruin our savings and increase the gadgets in our homes. Yes, Amazon Prime Day isn’t entirely about headphones, tablets and wearables, but for Engadget staff… well, it feels like it is. Prime Day deals on tech are typically only matched by Black Friday and Cyber Monday... Continue reading at Engadget
[ Engadget | 2023-07-11 11:15:13 UTC ]
More news stories like this | All news stories tagged with:
#kindle
#novelists
#memoir
#medical advice
#positive side
#months ago
When we weren't distracted by all the cool stuff at CES, we found some pretty great deals on tech that you can buy right now. Amazon's just-released Kindle Scribe, with both reading and writing capabilities, saw its first-ever discount and Razer discounted many of their 2022 Blade 15 gaming... Continue reading at Engadget
[ Engadget | 2023-01-06 19:05:41 UTC ]
More news stories like this | All news stories tagged with:
#kindle
#follow @engadgetdeals
#buying advice
#all-time low
At Time Warner, executives saw AT&T as just a “big phone company from Texas.” At AT&T, they thought Hollywood would play by their rules. That combination led to strategic miscalculation unrivaled in recent corporate history. Continue reading at The New York Times
[ The New York Times | 2022-11-19 10:00:26 UTC ]
More news stories like this | All news stories tagged with:
#time warner
Chelsea Green Publishing has announced plans to rush a climate manifesto by Roger Hallam, one of the world’s leading environmental activists, to press. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-22 04:00:00 UTC ]
More news stories like this | All news stories tagged with:
#roger hallam
#announced plans
Amazon is clearing out Kindles, and there are some deep discounts on some iPhone alternatives this weekend. Continue reading at Wired
[ Wired | 2019-09-21 11:00:00 UTC ]
More news stories like this | All news stories tagged with:
#kindle
#deep discounts
#great time
[caption id="attachment_170617" align="alignright" width="150"] Viktoria Degtar[/caption] Five weeks into Keith Grossman's tenure as president of Time magazine, the list of new additions to its executive ranks is getting longer. Following last month’s appointment of chief legal officer Dana... Continue reading at Folio Magazine
[ Folio Magazine | 2019-09-05 19:34:18 UTC ]
More news stories like this | All news stories tagged with:
#associate publisher
#marie claire
#public health
#climate crisis
#daily newsletter
#consumer technology
#rolling stone
ormerly with Terre di mezzo and Mondadori, Giulia Rizzo moves to Harper Italia's children's division, credited with a 'fresh look and open mind.' The post HarperCollins Italia Names Rizzo to Lead Children’s; Mondadori-Reworld Deal Closes appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-08-01 21:05:58 UTC ]
More news stories like this | All news stories tagged with:
#harpercollins
#open mind
#lead children
A Polk Award winner, he edited the Op-Ed page, The Book Review, The Week in Review and also oversaw coverage of the New York area. Continue reading at The New York Times
[ The New York Times | 2019-06-24 21:24:11 UTC ]
More news stories like this | All news stories tagged with:
#book review
James Daunt will split his time between London and New York after Waterstones' parent Elliott Advisors (UK) announced that it had agreed to acquire the giant US bookseller Barnes & Noble for $683m. Continue reading at The Bookseller
[ The Bookseller | 2019-06-08 16:19:54 UTC ]
More news stories like this | All news stories tagged with:
#james daunt
OUP has bought three picture books about the natural world by author/illustrator Yuval Zommer. Continue reading at The Bookseller
[ The Bookseller | 2019-04-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#natural world
#picture books
AT&T Inc.’s top executive gave a vigorous defense of the proposed $85.4-billion deal to buy Time Warner, describing it as key to the company’s ability to compete with a new generation of high-tech competitors. “This world is changing fast,” said Randall Stephenson, who took the witness stand... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#witness stand
#changing fast
#antitrust trial
#4-billion deal
Zephyr, the new children’s imprint at Head of Zeus, has bought a young fiction series by Carnegie Medal-winning author Sally Gardner. Continue reading at The Bookseller
[ The Bookseller | 2018-02-13 00:00:00 UTC ]
More news stories like this |
It’s a trend–or, at least, it’s almost a trend. Sony/ATV is following in the footsteps of Universal Music Group and signing a deal with Facebook to let users soundtrack their videos on Facebook, Instagram, and Oculus with songs from the publisher’s catalog. That means songwriters will get... Continue reading at Fast Company
[ Fast Company | 2018-01-08 00:00:00 UTC ]
More news stories like this |
Time Inc., the steward of some of the country's most circulated and storied magazine brands, will be sold to the lifestyle-magazine publisher Meredith Corp., the companies announced Sunday. Meredith will pay $18.50 per share in the all-cash deal for a company that counts such titles as Time,... Continue reading at Baltimore Sun
[ Baltimore Sun | 2017-11-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#pay $18
#koch brothers
#buy time
AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#confidently predicting
#encountering resistance
#warner bros
#owns cnn
#time warner