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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We're going to hear a lot about comparable metrics this year -- finally. As emerging media platforms continue to dominate the headlines -- creating the perception that ad tech is where all the audience is -- smart advertisers will insist on a lens through which the avalanche of charts, claims,... Continue reading at Advertising Age
[ Advertising Age | 2016-01-28 00:00:00 UTC ]
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The Lie Tree by Frances Hardinge, published by Macmillan Children's Books, has been crowned the winner of the £30,000 2015 Costa Book of the Year: the first children's book to claim the prize in more than a decade. Continue reading at The Bookseller
[ The Bookseller | 2016-01-27 00:00:00 UTC ]
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This year’s bookstore finalists represent a broad range of general independent bookstores, both big and small. The winner will be named in March. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-26 00:00:00 UTC ]
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The Times of London and Sunday Times have a combined 400,000 print-digital subscribers and harbor ambitious plans to grow that figure both domestically and abroad. It has launched its first "entry level" app overseas, with a price tag of £3 ($4.30) a month, compared to the usual monthly £26... Continue reading at Digiday
[ Digiday | 2016-01-26 00:00:00 UTC ]
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California Public Utilities Commission officials plan a public hearing on Charter Communications' proposed $67-billion acquisition of two cable companies, Time Warner Cable and Bright House Networks, which serve Southern California. The PUC hearing is scheduled for 6 p.m. Tuesday in the Junipero... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-01-26 00:00:00 UTC ]
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The Costa Book of the Year is announced on January 26th. Nick Higham spoke to each of the shortlisted authors, including Andrea Wulf, winner of the biography prize. Continue reading at BBC News
[ BBC News | 2016-01-22 00:00:00 UTC ]
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43 percent of UK consumers expect drones to be the most influential technology in 2016, according to IEEE’s annual survey, with smart phones (38 percent) and 3D printing (31 percent) close behind. The online survey, conducted in November 2015, questioned over two thousand adults to find out what... Continue reading at Betanews
[ Betanews | 2016-01-21 00:00:00 UTC ]
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End date for print edition still undetermined as brand plans to focus on digital content. The post Penthouse Folds Print Magazine After 50 Years appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-01-19 00:00:00 UTC ]
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Mills & Boon has revealed drama teacher and public speaker, Courtney Hayles, as the winner of its Man of the Year 2016 competition. Continue reading at The Bookseller
[ The Bookseller | 2016-01-15 00:00:00 UTC ]
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Macmillan is publishing the final two books in Jeffrey Archer’s bestselling Clifton Chronicles series in the same year due to "reader demand". Continue reading at The Bookseller
[ The Bookseller | 2016-01-14 00:00:00 UTC ]
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McCabe the latest senior editorial figure to leave Bauer Media, and comes same day the company announced it was outsourcing the printing and distribution of its magazines Helen McCabe has resigned as editor-in-chief of the Australian Women’s Weekly after six years in the high-profile role at the... Continue reading at The Guardian
[ The Guardian | 2016-01-13 00:00:00 UTC ]
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A Mother’s Story, the “gripping and heart-wrenching novel” from Amanda Prowse about a young mother struggling to cope with postnatal depression, has won Sainsbury’s Entertainment on Demand’s ebook of the year. Continue reading at The Bookseller
[ The Bookseller | 2016-01-12 00:00:00 UTC ]
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Time Out will no longer produce any Time Out Guide Books in 2016, the company has confirmed. After the story was first reported by The Telegraph, spokesperson for the company said the decision had been taken “as part of the continued evolution of the business”. The guides' sales have been in... Continue reading at The Bookseller
[ The Bookseller | 2016-01-09 00:00:00 UTC ]
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Our annual look at the big books of the past year confirms that 2015 was the year of the adult coloring book, and that movie tie-ins continue to dominate the charts. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-08 00:00:00 UTC ]
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A quirk in the data cannot detract from a buoyant print return, with 2015 recording the first rise in sales for the print market for seven years. Continue reading at The Bookseller
[ The Bookseller | 2016-01-08 00:00:00 UTC ]
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The category winners of the Costa Book Awards 2015 have been revealed, with Kate Atkinson winning in the Novel category for the second time in three years. Continue reading at The Bookseller
[ The Bookseller | 2016-01-05 00:00:00 UTC ]
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New Year’s weekend will be generally quiet as far as openings go — though the museums will all be doing their thing, with some terrific shows ongoing. But the art world gets cooking again early next week with the opening of a film festival at the Hammer Museum and a show at LACE that examines the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-01-01 00:00:00 UTC ]
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As ad-blockers made publishers doubt the web, the media industry has become dependent on Facebook, Twitter, and Apple to reach readers. The post This Was the Year the Media Started Doubting the Web appeared first on WIRED. Continue reading at Wired
[ Wired | 2015-12-28 00:00:00 UTC ]
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The Booksellers Association chief executive Tim Godfray has said it has been "really heartening" to see the creativity and entrepreneurship of booksellers in 2015, with industry sales figures bucking the high street footfall trends. Continue reading at The Bookseller
[ The Bookseller | 2015-12-25 00:00:00 UTC ]
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In our final review of the year, we look at the big stories from September to December. See our reviews for January to March, April to June, and July to December. October Continue reading at The Bookseller
[ The Bookseller | 2015-12-24 00:00:00 UTC ]
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