Time Inc. spinoff delayed until early next year

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 ]
News tagged with: #media companies #entertainment businesses #tv stations #tv studio

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Review of the year: October to December

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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Review of the year: July to September

In the third part of our review of the year, we look at the big stories from July to September. Continue reading at The Bookseller

[ The Bookseller | 2015-12-23 00:00:00 UTC ]
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From the Fringes to the Mainstream: Ten Years of Growth In Graphic Novel Publishing

To mark this exciting decade in graphic novel publishing, PW invited seven publishing professionals to reflect on the growth of the last ten years and to peer into the future of graphic novel publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-23 00:00:00 UTC ]
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Print Books Having Good Finish to Solid Year

The book business looks ready to mark a second consecutive year of unit growth of print books. With one week to go in the year, unit sales of print books were up 2.8% compared to the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-23 00:00:00 UTC ]
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Review of the year: April to June

In the second part of our review of the year, we take a look at the big stories from April to June. Continue reading at The Bookseller

[ The Bookseller | 2015-12-22 00:00:00 UTC ]
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HarperCollins Shipping Times to Canada Improve

Canadian booksellers, who reported last month that they were struggling with sluggish shipments from HarperCollins, say improvements have been made. Many, though, are hoping for quicker, more reliable service in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-22 00:00:00 UTC ]
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3 Key Publishing Moments of 2015, the Year of Provocative Thinking

Publishing Perspectives' Erin L. Cox looks back at 2015 in publishing and highlights three significant moments that sparked conversation in the literary world. The post 3 Key Publishing Moments of 2015, the Year of Provocative Thinking appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-12-18 00:00:00 UTC ]
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5 Things We Learned in 2015 From the Year in Media Deals

The desire to scale up and reach millennial readers drove many high-profile publishing deals in 2015. Here are five takeaways from all the activity. Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-12-18 00:00:00 UTC ]
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Book tech: Time to step up

"I’m calling for more women to start up and step up next year." Bec Evans, co-founder with Chris Smith of Write-Track and head of innovation with Emerald Group Publishing, noticed that while our FutureBook 2015 (and Author Day) programming was well-balanced in terms of men and women—s Continue reading at The Bookseller

[ The Bookseller | 2015-12-18 00:00:00 UTC ]
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Jim Naughtie: best bits from presenter's 21-year Today programme career – audio

The BBC looks back at the career of James ‘Jim’ Naughtie, as he stands down as a Today programme presenter after 21 years on Wednesday. Naughtie, who’s famous profanity slip-up has become renowned in broadcasting bloopers history, will become Radio 4 special correspondent and BBC Books editor... Continue reading at The Guardian

[ The Guardian | 2015-12-16 00:00:00 UTC ]
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Books of the Year 2015: newspaper round-up

In our third annual Best of the Best round-up, The Bookseller takes a broad look at which titles are gathering consistent mentions as highlights of the year in publishing in newspapers' "Best of 2015" lists. Continue reading at The Bookseller

[ The Bookseller | 2015-12-11 00:00:00 UTC ]
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Bill Henderson Marks 40 Years of the Pushcart Prize

From its humble beginnings as a project launched by an "about-to-be-fired editor" in 1974, the annual prize for the best in small press publishing has come quite a long way. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-11 00:00:00 UTC ]
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Bryson and Hawkins on Sainsbury’s E-book of the Year shortlist

Books by Bill Bryson, Paula Hawkins and John Green are among the shortlist for Sainsbury’s ebook of the year 2015 award. Continue reading at The Bookseller

[ The Bookseller | 2015-12-11 00:00:00 UTC ]
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For the First Time Since WWII, Mein Kampf Published in Germany

For the first time since the end of the World War II, Adolph Hitler’s Mein Kampf will be available in bookstores in Germany. The post For the First Time Since WWII, Mein Kampf Published in Germany appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-12-10 00:00:00 UTC ]
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Frankfurt Book Fair Considers an Early Start for Agents

Frankfurt Book Fair officials this week confirmed that talks are underway to possibly open the Frankfurt Book Fair Literary Agents & Scouts Centre (LitAg) at a day earlier in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-10 00:00:00 UTC ]
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Time Inc. Partners with GumGum to Overlay Ads on Images

In-image advertising will arrive across the publisher's digital portfolio. The post Time Inc. Partners with GumGum to Overlay Ads on Images appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-12-04 00:00:00 UTC ]
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Microcosm Publishing Celebrates 20 Years

Two decades after starting in a Portland, Ore., bedroom, Microcosm is having its busiest year yet and riding a wave of expansion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-04 00:00:00 UTC ]
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Google-backed Lost My Name has sold 1m children's books in two years

British startup has shipped to 160 countries, based on its mantra of being ‘a technology company that happens to make physical books’British startup Lost My Name has sold more than 1m of its personalised picture books for children since launching its first title two years ago.The company’s The... Continue reading at The Guardian

[ The Guardian | 2015-12-04 00:00:00 UTC ]
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PW Notables Of the Year: Margot Atwell, Maris Kreizman, and Jamie Tanner

Kickstarter, and crowdfunding in general, continues to transform the way small publishers and self-publishers secure funding for all types of book projects. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-04 00:00:00 UTC ]
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PW Notables Of the Year: Joyce Meskis

This July, Joyce Meskis began a two-year process of turning over the reins of the Tattered Cover Book Store in Denver to married industry veterans Len Vlahos and Kristen Gilligan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-04 00:00:00 UTC ]
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