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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PW's 2023 Bookstore, Rep of the Year Nominations Open

Authors, booksellers, publishers, distributors, and others with ties to the book industry are invited to nominate their favorite bookstores and sales representatives for PW's annual Bookstore and Sales Rep of the Year Awards. Deadline for submissions is March 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-02 05:00:00 UTC ]
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Netflix reveals first poster for live-action 'One Piece' coming this year

Netflix's 'One Piece' is based on the popular manga series of the same name by Eiichiro Oda, who is also an executive producer of the show. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-01-30 17:14:27 UTC ]
More news stories like this | News stories tagged with: #eiichiro oda #executive producer #manga


5 times Pamela Anderson's memoir left us wanting more — a lot more

The former 'Baywatch' star opens up in a new memoir, 'Love, Pamela' — to an extent. Here are five excerpts that left us with more questions than answers. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-01-30 14:00:21 UTC ]
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New Year, New World: The Best New Fantasy Manga to Start 2023

Sink your reading teeth into some of the most exciting new and upcoming fantasy manga for 2023, including Quality Assurance in Another World. Continue reading at Book Riot

[ Book Riot | 2023-01-27 11:31:00 UTC ]
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Book Publishers Face a Challenging Year Ahead

Following a down year for print book sales, NPD Group's publishing industry analyst, Kristen McLean, predicts that 2023 will be a year of transition for the publishing industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-27 05:00:00 UTC ]
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How to watch Tracy Kidder discuss "Rough Sleepers" at the L.A. Times Book Club

Tracy Kidder joins the L.A. Times Book Club to discuss "Rough Sleepers," about a doctor's mission to bring healing to homeless people. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-01-26 22:03:03 UTC ]
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Book Review: ‘Life on Delay,’ by John Hendrickson

John Hendrickson's memoir “Life on Delay” recounts his experience with this poorly understood neurological disorder, tracing an arc from frustration and isolation to acceptance and community. Continue reading at The New York Times

[ The New York Times | 2023-01-18 10:00:22 UTC ]
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Boris Johnson to publish ‘memoir like no other’ of his time as PM

The book, which so far has no title or publication date, was announced by publisher William Collins, who did not reveal how much Johnson will be paidA memoir by former prime minister Boris Johnson, covering his years as leader, will be published by HarperCollins, it has been announced.The book,... Continue reading at The Guardian

[ The Guardian | 2023-01-16 16:38:43 UTC ]
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How a multitude of Harry headlines helped propel Spare to early sales success

An accidental release of Prince Harry's memoir Spare, five days ahead of schedule, led to round-the-clock coverage of the book and its many revelations. Publishing professionals say the outcome has been highly beneficial for sales. Continue reading at CBC

[ CBC | 2023-01-14 09:00:00 UTC ]
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New Year, New You: Major Book Biz Job Changes This Week

A series of notable position changes in the industry this week at Anime NYC, Chicago Distribution Center, Henry Holt, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-10 05:00:00 UTC ]
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Prince Harry’s memoir hits No 1 on Amazon, predicted to be one of year’s bestsellers

Spare is already the UK’s top-selling title a day ahead of publication, with high-street retailers expecting sustained interest in the royal psychodramaPrince Harry’s Spare is currently the No 1 in the UK Amazon bestseller charts and among the biggest pre-order titles for high-street retailers,... Continue reading at The Guardian

[ The Guardian | 2023-01-09 17:46:20 UTC ]
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Amazon's Kindle Scribe is on sale for the first time, plus the rest of the week's best tech deals

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 ]
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CES 2023 Day 1 recap: Catch up on the biggest news from the year's biggest tech show

We’re back in Vegas for CES, and while the show doesn’t officially open until tomorrow, many exhibitors have already unveiled their new products at various press conferences and media events. Today, we’re starting to see some of the early car news that frequently dominates CES, as well as more... Continue reading at Engadget

[ Engadget | 2023-01-05 19:50:52 UTC ]
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The Worst Book Titles of All Time

Let's talk about great book titles. But in order to find out what makes a good book title, let's first explore the worst book titles. Continue reading at Book Riot

[ Book Riot | 2023-01-03 11:36:00 UTC ]
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Past Winners of the Baillie Gifford Prize Reflect on Their Year in Reading

The Baillie Gifford Prize is the most prestigious nonfiction literary award in the world. We checked in with some past winners about their year in reading. * Craig Brown, 2020 Baillie Gifford Prize-winner for 150 Glimpses of the Beatles, recommends: Geoff Dyer is the funniest and most original... Continue reading at Literrary Hub

[ Literrary Hub | 2023-01-01 14:20:48 UTC ]
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100 years of Stan Lee: how the comic book king challenged prejudice

Stan Lee deserves his place in the pantheon of great pop culture architects, but his Marvel characters did more than just entertain – they actively fought against prejudice. Continue reading at The Conversation

[ The Conversation | 2022-12-27 09:02:59 UTC ]
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Indie Comics Publishers Face Year-End Financial Troubles

The end of the year has produced a spike in financial troubles that include at least four independent comics publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-22 05:00:00 UTC ]
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Top Shelf: 25 Years of Acclaimed Graphic Novels

Top Shelf Productions, which celebrated its 25th anniversary this year, has been a leading force in the expansion of the graphic novel market since it was founded by Chris Staros and Brett Warnock in 1997. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-21 05:00:00 UTC ]
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The Pantone Color of the Year 2023, Book Cover Edition

Pantone's Color of the Year for 2023 is Viva Magenta, and we've got a roundup of books fit for celebrating the new color. Continue reading at Book Riot

[ Book Riot | 2022-12-16 11:38:00 UTC ]
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Print Sales Dipped 4.1% in Early December

Unit sales of print books fell 4.1% in the week ended Dec. 10, 2022, from the comparable week in 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-16 05:00:00 UTC ]
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