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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Black Bookstore Selling Out of Books For First Time in 30 Years: Critical Linking, June 14, 2020

An awesome daily roundup of the most interesting bookish links from around the web. Continue reading at Book Riot

[ Book Riot | 2020-06-14 10:30:00 UTC ]
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Studio Press acquires two 'important' early years series

Bonnier Books UK imprint Studio Press has acquired two new board book series for its early years publishing.  Continue reading at The Bookseller

[ The Bookseller | 2020-06-11 20:55:38 UTC ]
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Kennedy shortlisted for Sunday Times Audible Short Story Award for consecutive year

Louise Kennedy has made the six-strong shortlist for this year's Sunday Times Audible Short Story Award for the second year running. Continue reading at The Bookseller

[ The Bookseller | 2020-06-07 17:27:57 UTC ]
More news stories like this | News stories tagged with: #consecutive year #year running #louise kennedy #six-strong shortlist


Madeleine L’Engle’s early short stories presage ‘A Wrinkle in Time’

A reviewer reflects on reading “The Moment of Tenderness,” a collection of short stories, and then returning to the 1963 novel she loved growing up. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-04-17 23:14:00 UTC ]
More news stories like this | News stories tagged with: #reviewer reflects #loved growing #short stories


Madeleine L’Engle’s early short stories presage ‘A Wrinkle in Time’

A reviewer reflects on reading “The Moment of Tenderness,” a collection of short stories, and then returning to the 1963 novel she loved growing up. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-04-17 23:14:00 UTC ]
More news stories like this | News stories tagged with: #reviewer reflects #loved growing #short stories


Madeleine L’Engle’s early short stories presage ‘A Wrinkle in Time’

A reviewer reflects on reading “The Moment of Tenderness,” a collection of short stories, and then returning to the 1963 novel she loved growing up. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-04-17 23:14:00 UTC ]
More news stories like this | News stories tagged with: #reviewer reflects #loved growing #short stories


Here are the winners of this year’s LA Times Book Prizes.

This is the 40th year of the Los Angeles Times Book Prizes (which celebrates excellence in the following twelve categories as well as champions new writers), but it is the first time the winners were announced on Twitter. You can feel like you’re a part of the virtual celebration with this video... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-17 18:00:36 UTC ]
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The L.A. Times Book Prizes ceremony will be virtual, and free, this year

Winners of the L.A. Times Book Prizes will be announced in a special, virtual Twitter ceremony this year because of the global health crisis. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-04-09 17:53:22 UTC ]
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In a Moment of Uncertainty, TIME Is Certain of Its 97-Year Mission

In remarkable moments throughout history, news organizations have been there to inform the masses and accurately chronicle what’s happening for posterity’s sake. This is a responsibility TIME magazine has been devoted to for 97 years. The news magazine was a trusted source during The Great... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-02 15:20:28 UTC ]
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Clearwater company fills its CMO position after three years — and for the first time, it's a woman

Digital Media Solutions, a Clearwater based company, has hired its first ever female chief marketing officer. Kathy Bryan has been hired for the CMO position, rising from a previous role within the company's marketing department. “Kathy Bryan represents everything DMS stands for,” DMS CEO... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-26 11:44:07 UTC ]
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AT&T boosts spending on R&D after four years of declines amid Time Warner buy, investments

AT&T Inc. managed something it hasn’t since 2014: An increase in spending on research and development. The Dallas telecommunications and now media company increased in investment in R&D last year by about $80 million to $1.28 billion, an increase of about 7 percent, it said in its... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-25 16:16:46 UTC ]
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AT&T boosts spending on R&D after four years of declines amid Time Warner buy, investments

AT&T Inc. managed something it hasn’t since 2014: An increase in spending on research and development. The Dallas telecommunications and now media company increased in investment in R&D last year by about $80 million to $1.28 billion, an increase of about 7 percent, it said in its... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-24 22:58:29 UTC ]
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Finding Liberation in the Early Years of the Women’s Royal Naval Service

At the training college for the Women’s Royal Naval Service (also called the Wrens) in Greenwich, Madge Barnes joined a cohort of other young recruits to learn not only nautical terms and naval traditions, but also, in that nobly stifling British way, the rules of civility and decorum. In the... Continue reading at Literrary Hub

[ Literrary Hub | 2020-02-07 09:49:43 UTC ]
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Sunday Times Young Writer of the Year - meet the shortlist

Raymond AntrobusWho/ What inspired you to start writing? I never started writing poetry with the intention of writing books until publishers approached me. I was happy to write poems and travel and read the poems for audiences. I live poem by poem. The idea of a book of poems doesn’t really... Continue reading at British Council global

[ British Council global | 2019-12-05 12:09:15 UTC ]
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Raymond Antrobus wins 2019 Sunday Times Young Writer of the Year Award

Multi-award winning poet Raymond Antrobus has been named winner of the 2019 Sunday Times/University of Warwick Young Writer of the Year Award for his debut The Perseverance (Penned in the Margins). Continue reading at The Bookseller

[ The Bookseller | 2019-12-05 08:18:28 UTC ]
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Hamilton becomes first three-time William Hill Sports Book of the Year winner

Duncan Hamilton has become the first person to win the William Hill Sports Book of the Year three times after he scooped the 2019 prize for The Great Romantic (Hodder & Stoughton). Continue reading at The Bookseller

[ The Bookseller | 2019-12-04 18:37:26 UTC ]
More news stories like this | News stories tagged with: #duncan hamilton #sports book


Announcing the Sunday Times PFD Young Writer of the Year Award shortlist

From meditations on the d/Deaf experience to short stories blurring the mythic and the gothic with the everyday, from mixing the personal and political to a young woman uncover the truth about her family’s past – four outstanding writers have today been named on the shortlist for The Sunday... Continue reading at British Council global

[ British Council global | 2019-11-04 12:55:09 UTC ]
More news stories like this | News stories tagged with: #20th winner #prize money #publishers submitted #award-winning poet #sarah waters #sally rooney #london library #debut novel #best-selling author #bookseller #literary editor #irish author #young writer #short stories #young writer of the year award


Just in time for Halloween, the best horror fiction of the year

The genre is experiencing a renaissance with quality novels and short stories from new and established authors. Continue reading at The Washington Post

[ The Washington Post | 2019-10-29 18:17:37 UTC ]
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Meredith Sells Money Magazine Brand, Nearly Two Years After Time Inc. Merger

Meredith Corp. has sold the Money magazine brand to Ad Practitioners LLC, a three-year-old Puerto Rico-based media and advertising startup behind the product review site ConsumersAdvocate.org, both parties announced Tuesday morning. Terms of the deal were not disclosed. One of a handful of... Continue reading at Folio Magazine

[ Folio Magazine | 2019-10-22 16:06:17 UTC ]
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Two-time winners Mcrae and Hamilton on William Hill Sports Book of the Year longlist

Two-time winners Donald McRae and Duncan Hamilton are in line for a historic treble after making the 12-strong longlist for the £30,000 William Hill Sports Book of the Year 2019. Continue reading at The Bookseller

[ The Bookseller | 2019-09-24 03:37:08 UTC ]
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