Time Warner said Tuesday that it won't complete its plan to separate Time Inc. division into an independent company this year as anticipated, prolonging a period of uncertainty at the publishing division just a little bit longer.Executives now intend to complete the spinoff early next year, Time Warner CEO Jeff Bewkes said during a conference call with analysts to discuss the company's second quarter results, to ensure the best position for Time Inc. as it starts life on its own. Mr. Bewkes also said he didn't want to rush Joe Ripp, who was named Time Inc.'s latest CEO last month and doesn't officially start until September.Time Warner reported second-quarter profit that topped analysts' estimates, boosted by higher advertising revenue at its cable networks, which include TNT, HBO and CNN.Excluding some items, earnings were 83 cents a share in the period, surpassing the 76 cents that analysts predicted on average, according to data compiled by Bloomberg. Network advertising sales rose 11%, helped by the National Basketball Association playoffs on TNT and the college basketball tournament, the company said.Net income increased to $771 million from $413 million a year earlier. Revenue advanced 10% to $7.4 billion, topping the $7.1 billion estimate.Mr. Bewkes has focused Time Warner's growth strategy on its TV business, which accounts for more than 70% of operating income."Our networks businesses, Turner and HBO, continued to shine, reflecting the success of our increased... Continue reading at 'Crains New York'
[ Crains New York | 2013-08-08 00:00:00 UTC ]
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Author, historian and broadcaster Professor Kate Williams has been selected to chair the nine-member judging panel that selects the overall winner of the 2016 Costa Book of the Year. Continue reading at The Bookseller
[ The Bookseller | 2016-12-15 00:00:00 UTC ]
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Time is facing one of its most critical decisions since the magazine publisher was founded by Henry Luce and Briton Hadden in 1922.Should the company's board agree to a sale as its print advertising lifeblood continues to drain away? Or should it let new CEO Rich Battista implement his grand... Continue reading at Advertising Age
[ Advertising Age | 2016-12-13 00:00:00 UTC ]
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Weidenfeld & Nicolson has paid tribute to journalist and critic A A Gill as "one of the finest writers of our time", following his death. Continue reading at The Bookseller
[ The Bookseller | 2016-12-13 00:00:00 UTC ]
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The newspapers’ books of the year round-ups yielded some intriguing results, with Hisham Matar proving the most popular pick; indie publishers taking a healthy share of the recommendations; and a familiar tale being told regarding reviewers’ and writers’ diversity. Continue reading at The Bookseller
[ The Bookseller | 2016-12-12 00:00:00 UTC ]
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The London Book Fair's International Excellence Awards has added a Rights Professional of the Year category. Winners will be announced in March 2017. The post London Book Fair Awards Add Rights Professional of the Year appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-12-12 00:00:00 UTC ]
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In the Slate Plus bonus segment of Thursday’s edition of the Political Gabfest, hosts Emily Bazelon, John Dickerson, and David Plotz discuss their favorite books and gifts of the year. If there were a Slate Plus Gabfest gift guide, what would be on it? Continue reading at Slate
[ Slate | 2016-12-10 00:00:00 UTC ]
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The chief arts writer for the Sunday Times, Ireland, Eithne Shortall, is publishing a romantic comedy with Atlantic. Continue reading at The Bookseller
[ The Bookseller | 2016-12-09 00:00:00 UTC ]
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A post-election sales bounce made for a solid Thanksgiving week at many independent bookstores. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-02 00:00:00 UTC ]
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Debut thriller The Couple Next Door by Shari Lapena (Transworld) has been named as W H Smith's Book of the Year for 2016. Continue reading at The Bookseller
[ The Bookseller | 2016-12-02 00:00:00 UTC ]
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With print advertising on the wane, big publishing houses are looking to be as efficient as possible. And so magazine giant Time Inc. is creating 10 virtual desks to improve coordination of coverage. The challenge is to make resources go farther without watering down the essence of the brands.... Continue reading at Digiday
[ Digiday | 2016-12-02 00:00:00 UTC ]
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The print edition of Dolly, Australia’s long-running magazine for teenage girls, is closing after more than four decades. Here’s a look back at the changing face of the title that launched the careers of some of the nation’s most famous models• Goodbye, Dolly: December issue will be magazine’s... Continue reading at The Guardian
[ The Guardian | 2016-12-01 00:00:00 UTC ]
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Library campaigners have expressed their intense frustration at the continued non-appearance of the Libraries Taskforce's Ambition report on a national strategy for England's public libraries. Continue reading at The Bookseller
[ The Bookseller | 2016-11-30 00:00:00 UTC ]
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Retailer Foyles has chosen Paul Beaty’s Man Booker Prize-winning The Sellout as its book of the year, so will promote the title heavily online and in-store in the run up to Christmas. Continue reading at The Bookseller
[ The Bookseller | 2016-11-30 00:00:00 UTC ]
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More than 45 years after first hitting the shelves, pint copies of teen magazine Dolly will cease. Continue reading at Stuff
[ Stuff | 2016-11-30 00:00:00 UTC ]
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Investors Edgar Bronfman Jr. and Ynon Kreiz made a takeover approach for Time Inc. in recent months, but were rebuffed by the iconic magazine publisher, according to a person familiar with the... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2016-11-29 00:00:00 UTC ]
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Edinburgh-based Floris Books has won the Saltire Society Scottish Publisher of the Year Award. Continue reading at The Bookseller
[ The Bookseller | 2016-11-27 00:00:00 UTC ]
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An expanded trade publishing program has paid off well for Wayne State University Press. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-25 00:00:00 UTC ]
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The Green Carnation Prize, an award recognising lesbian, gay, bisexual and transgender (LGBT) writers, is partnering with Foyles for a third year. Continue reading at The Bookseller
[ The Bookseller | 2016-11-25 00:00:00 UTC ]
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Surfing memoir Barbarian Days: A Surfing Life by New Yorker journalist William Finnegan (Corsair) has scooped the 28th William Hill Sports Book of the Year Award. Continue reading at The Bookseller
[ The Bookseller | 2016-11-25 00:00:00 UTC ]
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William Hill Sports Book of the Year Award's Graham Sharpe on the process of choosing a winner and the history of the prize. Continue reading at The Bookseller
[ The Bookseller | 2016-11-23 00:00:00 UTC ]
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