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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Coffee company announces ‘difficult decision’ to end the prizes, sparking a chorus of disappointment across the books industryThe Costa book awards, after running for half a century, have been abruptly scrapped. The coffee shop chain has said the 2021 awards, which were announced in February... Continue reading at The Guardian
[ The Guardian | 2022-06-10 13:00:18 UTC ]
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The Costa Book Awards, which was founded in 1971 and known as the Whitbread Book Awards until 2005, is no more. Today, Costa Coffee announced that the 2021 Costa Book Awards, held in February 2022, would be the last iteration of the prizes. “We are incredibly proud to have played a part in... Continue reading at Literrary Hub
[ Literrary Hub | 2022-06-10 12:34:21 UTC ]
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As the 2021–2022 school year comes to a close, we asked a number of school librarians to reflect on the year that was. We learned that even though this past year was a return to in-person learning for most schools across the country, it was rarely a return to normalcy. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-10 04:00:00 UTC ]
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Audiobook sales are up for the tenth straight year. Here are the results from a few studies detailing audiobook listener habits. Continue reading at Book Riot
[ Book Riot | 2022-06-08 17:45:20 UTC ]
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Did you know that J.P. Morgan releases a summer reading list every year? (I didn’t, and I’m the person who does these.) Last week, the bank (??) announced its 23rd annual (??) summer reading list, which “invit[es] readers worldwide to explore the adventures, discoveries and new ideas that... Continue reading at Literrary Hub
[ Literrary Hub | 2022-06-02 14:46:06 UTC ]
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Study is a vital part of any scholastic journey. But not all methods are the same. Some, indeed, are far more effective than others. Want to put yourself in a better position to excel? Then the 2022 Perfect Score Academic Success Master Class Bundle is a must-buy, especially as it’s on sale... Continue reading at PC World
[ PC World | 2022-06-01 23:38:22 UTC ]
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Huw Lemmey and Ben Miller, hosts of a popular podcast, take a look at history through the lens of problematic gay figures. Continue reading at The Washington Post
[ The Washington Post | 2022-05-31 13:59:29 UTC ]
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Pico Iyer, Maggie Shipstead, Michelle Tea and Colleen Kinder discuss 'Letter to a Stranger' at the L.A. Times Book Club. Continue reading at Los Angeles Times
[ Los Angeles Times | 2022-05-26 21:35:13 UTC ]
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Measurement solutions from iSpot.TV and Samba TV, among others, are buzzy at this year’s upfronts, but won't see much action. Continue reading at Advertising Age
[ Advertising Age | 2022-05-26 14:00:29 UTC ]
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Books emphasize interiority, encourage empathy, require thought and are meant to foster rational argument -- things we all need. Continue reading at The Washington Post
[ The Washington Post | 2022-05-25 16:39:13 UTC ]
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One of the first steps of healing the divisions within the United Conservative Party is to welcome MLAs Todd Loewen and Drew Barnes back into the fold, says Michael Solberg. Continue reading at CBC
[ CBC | 2022-05-25 10:00:00 UTC ]
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For his work in 'cultural criticism, women’s studies, and critical thinking,' Abdullah Al-Ghathami is the Sheikh Zayed Book Award's honoree. The post Cultural Personality of the Year: Abdullah Al-Ghathami appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-05-19 09:15:44 UTC ]
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In the summer of 2018, 'New Yorker' Cartoonist Sofia Warren emailed Julia Salazar, a young democratic socialist running for the New York state senate, a request to follow her around and create a nonfiction comics account of her campaign. The result is the graphic memoir 'Radical: My Year with a... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-05-18 04:00:00 UTC ]
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Founded 25 years ago by Stu Levy at a time when manga was a niche within a niche, Tokyopop brought manga—Japanese book-format comics—to a new generation of young American fans, ushering in a new era in North American comics. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-05-18 04:00:00 UTC ]
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In San Diego, an 8-year-old published a book about a courageous turtle and plans to donate the proceeds for art and music supplies. Continue reading at Book Riot
[ Book Riot | 2022-05-12 21:42:48 UTC ]
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When I started reading Chloe Caldwell’s new book, The Red Zone, a memoir about identity, love, health, and pain, all told through the lens of her relationship to her period, I didn’t think I had period hang-ups of my own to work through. I do have pudendal neuralgia, a nerve pain condition that... Continue reading at Electric Literature
[ Electric Literature | 2022-05-12 11:05:00 UTC ]
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Keanon Lowe left the NFL to coach high school sports, a series of fateful decisions that would change his life. Continue reading at The Washington Post
[ The Washington Post | 2022-05-12 11:00:17 UTC ]
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Get to know some of the most influential Asian American literature of all time, including Dictee. Continue reading at Book Riot
[ Book Riot | 2022-05-06 10:33:00 UTC ]
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At the first in-person ECPA Leadership Summit held in three years, Tish Harrison Warren won Book of the Year for 'Prayer in the Night.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-05-04 04:00:00 UTC ]
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As it celebrates 20 year of championing unconventional, entertaining, and high-concept titles that ignite readers’ imaginations, the team at Quirk Books talked with PW about the company's first two decades, what’s in store for the future, and what makes the Quirk brand tick. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-05-03 04:00:00 UTC ]
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