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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L S Hilton, the author of Bonnier Zaffre lead title Maestra, has been named Glamour magazine’s 2016 Writer of the Year. Continue reading at The Bookseller
[ The Bookseller | 2016-06-09 00:00:00 UTC ]
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Publishers are addicted to the video format on Facebook, and it's easy to see why: they get much higher engagement on video posts than they do on article links, according to an analysis of NewsWhip data. The problem is that publishers have less ability to monetize the video they post to... Continue reading at Digiday
[ Digiday | 2016-05-31 00:00:00 UTC ]
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Headline Publishing Group is planning a "bumper year" for Neil Gaiman with eight titles publishing in 2016, plus a live broadcast event scheduled in London for the publication of The View from the Cheap Seats. Continue reading at The Bookseller
[ The Bookseller | 2016-05-27 00:00:00 UTC ]
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"Refugee" has been revealed as Children’s Word of the Year, after Oxford University Press reviewed children's entries to Radio 2’s Chris Evans Breakfast Show’s "500 Words" short story writing competition. Continue reading at The Bookseller
[ The Bookseller | 2016-05-27 00:00:00 UTC ]
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Hodder and Stoughton has acquired four new novels by Julian Stockwin featuring his Napoleonic-era naval hero, Thomas Kydd. Continue reading at The Bookseller
[ The Bookseller | 2016-05-24 00:00:00 UTC ]
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Carnegie Medal and YA Book Prize-shortlisted author Sarah Crossan has won the 26th CBI Book of the Year Award - making her the fourth author ever to win both the Book of the Year Award and the Children’s Choice award with her title One (Bloomsbury Childrens). Continue reading at The Bookseller
[ The Bookseller | 2016-05-24 00:00:00 UTC ]
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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
[ Los Angeles Times | 2016-05-24 00:00:00 UTC ]
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As a legacy publisher, Time Inc. still gets 76 percent of its revenue from its print brands. It falls to Time Inc.’s new president of digital Jen Wong to speed its transaction to digital. She talked to Digiday about the hard work of speeding up the pace of change, the value of being first with... Continue reading at Digiday
[ Digiday | 2016-05-23 00:00:00 UTC ]
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The new SVP and group publisher of Time Inc. International gives Folio: a glimpse inside the media giant's plans for aggressive global expansion. The post Eric Danetz Wants to Help Time Inc. Take Over the World appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-05-23 00:00:00 UTC ]
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In the early 17th-century, cartographer William Hole illustrated strange, anthropomorphised maps of England and Wales, left uncoloured for nobles to fill in. Soon to be republished by Unicorn Press in Albion’s Glorious Ile, Hole’s maps are regarded as one of the earliest known examples of a... Continue reading at The Guardian
[ The Guardian | 2016-05-21 00:00:00 UTC ]
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For magazine publishers looking to recoup lost print dollars, live events are becoming increasingly important as independent revenue streams. Over the past several years, titles like Cosmopolitan, Sports Illustrated and Essence (to name a few) have joined live event veterans like The Atlantic... Continue reading at AdWeek
[ AdWeek | 2016-05-21 00:00:00 UTC ]
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Bloomsbury Publishing reported an 11% increase in both sales and profits in the fiscal year ended February 28, 2016. It also announced that it was accelerating its plan to shift its focus from the consumer to non-consumer area. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-19 00:00:00 UTC ]
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The Easthampton, Mass., press is preparing to release an English language edition of what it is calling the world's first science fiction novel, 'The Chemical Wedding,' written in German in 1616. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-17 00:00:00 UTC ]
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Feel-good publisher Little Things has built an audience of 50 million users a month thanks to Facebook -- and it's profitable. CEO Joe Speiser joined the Digiday Podcast to discuss how the publisher grew out of its roots as a pet-food retailer, why he's not too worried about being overly reliant... Continue reading at Digiday
[ Digiday | 2016-05-13 00:00:00 UTC ]
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Publishers are starting to see the results of Facebook Instant Articles, which launched widely last month, giving them a way to post fast-loading content directly to the social network. One publisher, on background, shared a week’s worth of data that showed the reach of Instant Articles versus... Continue reading at Digiday
[ Digiday | 2016-05-13 00:00:00 UTC ]
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There's something to be said about a printed book. It's easy to read outdoors, you can lend it to a friend and, unlike a top-end Kindle, it doesn't spell disaster if you lose it. E-readers have their place, but today The Publishers Association (PA) h... Continue reading at Engadget
[ Engadget | 2016-05-13 00:00:00 UTC ]
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It seems that our love affair with ebooks could be turning sour. For the first time since digital book sales were recorded, the number of ebooks sold in the UK dropped in 2015. The drop could be partly explained by the fact that we seem to be reading less in recent years. While sales of printed... Continue reading at Betanews
[ Betanews | 2016-05-13 00:00:00 UTC ]
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Charter Communications has cleared a final regulatory hurdle in its nearly year-long quest to clinch its $71-billion acquisition of Time Warner Cable and Bright House Networks. California Public Utilities Commission members on Thursday voted unanimously to approve the transfer of phone licenses,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-05-13 00:00:00 UTC ]
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Children’s authors will be front and center on the Uptown Stage today, when back-to-back kids’ programming takes place. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-13 00:00:00 UTC ]
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For Kami Garcia, 2016 is a year of firsts. That may seem like an odd thing for a YA author whose previous books—the Beautiful Creatures and Dangerous Creatures (co-written with Margaret Stohl) and the Legion series—are New York Times bestsellers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-13 00:00:00 UTC ]
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