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

Other Publishing stories related to: 'Time Inc. spinoff delayed until early next year'


Indie hit with New Year wait for reprints due to European paper squeeze

As concerns about paper shortages continue, one press has said it will have to wait until the New Year if it wants to reprint popular titles through some European firms.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-26 02:54:26 UTC ]
More news stories like this | News stories tagged with: #indie hit


Pearson joins DK as Brown leaves after nearly 24 years

Amy Pearson is joining DK as global brand and communications director, succeeding Louise Brown when she leaves the company at the end of November. Continue reading at The Bookseller

[ The Bookseller | 2021-10-25 13:28:25 UTC ]
More news stories like this | News stories tagged with: #global brand #communications director #pearson


The last time America broke apart: How author Kevin Boyle retold the 1960s

The award-winning author of 'Arc of Justice' talks about his new book, 'The Shattering,' and how he came to write history for people like his father. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-10-25 13:00:08 UTC ]
More news stories like this | News stories tagged with: #award-winning author


125 Years of Book Review Covers

What did the Book Review look like in 1896, in 1916, in 1962? Scroll down to see what it looked like — and how it changed — through the decades. Continue reading at The New York Times

[ The New York Times | 2021-10-21 15:11:48 UTC ]
More news stories like this | News stories tagged with: #book review


The First New York Times Book Review Best-Seller List

The best-seller lists as we know them today have their roots in the Aug. 9, 1942, issue — but the Book Review has been tracking sales for much longer than that. Continue reading at The New York Times

[ The New York Times | 2021-10-21 14:55:10 UTC ]
More news stories like this | News stories tagged with: #best-seller lists #book review #times book


The 'Believer' Magazine Will Fold Next Year

The Believer magazine will publish its final issue under the auspices of the Black Mountain Institute, which is hosted by the University of Nevada in Las Vegas, next spring. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-20 04:00:00 UTC ]
More news stories like this | News stories tagged with: #believer magazine #final issue #las vegas


Third time lucky as Caldwell wins BBC National Short Story Award

Lucy Caldwell has won the BBC National Short Story Award with Cambridge University, a prize she has been nominated for three times.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-20 02:07:31 UTC ]
More news stories like this | News stories tagged with: #time lucky #lucy caldwell #cambridge university


These Are the Best Comics of the Year: the 2021 Harvey Awards Winners

The 2021 Harvey Award winners have been announced, including best manga of the year and best overall comic book of the year! Continue reading at Book Riot

[ Book Riot | 2021-10-15 10:42:00 UTC ]
More news stories like this | News stories tagged with: #comic book #manga


Print Unit Sales Up 2% in Early October

Unit sales of print books rose 2% in the week ended Oct. 9, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #early october


Nicholas Kristof Leaves The New York Times as He Weighs Political Bid

Mr. Kristof, a two-time Pulitzer Prize winner, is weighing a run for governor of Oregon, the state where he grew up. Continue reading at The New York Times

[ The New York Times | 2021-10-14 12:08:45 UTC ]
More news stories like this | News stories tagged with: #pulitzer prize


Final Inspector Montalbano novel, finished years ago, is published in UK

Andrea Camilleri was determined that his crime series could not be continued by another writer, leaving concluding novel with his publisher long before his death in 2019The final novel in Andrea Camilleri’s beloved Inspector Montalbano mystery series is was published on Thursday – but the late... Continue reading at The Guardian

[ The Guardian | 2021-10-14 10:03:48 UTC ]
More news stories like this | News stories tagged with: #late author #began writing #sherlock holmes


Get 'Mastering Python for Networking and Security -- Second Edition' ($27.99 value) FREE for a limited time

It’s now more apparent than ever that security is a critical aspect of IT infrastructure, and that devastating data breaches can occur from simple network line hacks. As shown in this book, combining the latest version of Python with an increased focus on network security can help you to level... Continue reading at Betanews

[ Betanews | 2021-10-13 17:39:30 UTC ]
More news stories like this | News stories tagged with: #limited time #latest version #increased focus #cyber attacks #libraries


Celebrate the Book Review's 125th Anniversary: A Times Event

On Oct. 25, join The New York Times Book Review and special guests for performances of favorite letters and reviews from the archives, trivia and more. Continue reading at The New York Times

[ The New York Times | 2021-10-07 16:09:57 UTC ]
More news stories like this | News stories tagged with: #book review #125th anniversary #special guests #times book


10 years of the Stella: how Australia’s women’s writing prize changed a nation’s literature

Publishers speak of the profound effect the prize has had on Australia’s book industry in the decade since its establishmentOn International Women’s Day in 2011, a group of Australian women writers and editors appeared at a literary salon and spoke about their frustration at the male-dominated... Continue reading at The Guardian

[ The Guardian | 2021-10-07 01:56:57 UTC ]
More news stories like this | News stories tagged with: #australian literature #publishers speak #profound effect #literary salon #male authors #gender disparity #miles franklin #literary landscape #book industry


Panel Mania: The 500 Years of Indigenous Resistance Comic Book by Gord Hill

Originally published in 2010, Arsenal Pulp will publish a new edition of 'The 500 Years of Indigenous Resistance Comic Book: Revised and Expanded,' written and drawn by Gord Hill, who has added nearly 60 pages of new material. This seven-page excerpt is the story of the 1990 Oka Crisis, a 77-day... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #originally published #seven-page excerpt #comic book


Yieldmo, Quotient and InMobi join this year’s Digiday Technology Awards nominees

The 2021 Digiday Technology Awards are recognizing the tech companies driving the digital media industry forward. See this year's nominees. The post Yieldmo, Quotient and InMobi join this year’s Digiday Technology Awards nominees appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-10-05 18:30:00 UTC ]
More news stories like this | News stories tagged with: #digital media


It’s Time To Slow Down Your Audiobook Speed

Love listening to audiobooks at 1.25 or 1.5 or even 2 times the speed? Here's your challenge to slow down and listen with intention. Continue reading at Book Riot

[ Book Riot | 2021-10-04 10:39:00 UTC ]
More news stories like this | News stories tagged with: #audiobook


Media startup Ozy shuts down after New York Times report raises concerns

Ozy faced questions about its viewership figures and claims that its co-founder impersonated a YouTube executive on a call with Goldman SachsOzy, a digital media startup, is shutting down less than a week after a New York Times column raised questions about the organization’s claims of millions... Continue reading at The Guardian

[ The Guardian | 2021-10-01 23:52:05 UTC ]
More news stories like this | News stories tagged with: #internal investigation #digital media


Incest story by Pinocchio author published in English for the first time

Carlo Collodi’s version of Donkey Skin, by French author Charles Perrault, will appear in a new collection of Italian fairytalesCarlo Collodi is remembered today for Pinocchio, his 1881 children’s story about a puppet who turns into a real boy, immortalised on screen by Disney. Now another... Continue reading at The Guardian

[ The Guardian | 2021-10-01 13:46:15 UTC ]
More news stories like this | News stories tagged with: #donkey skin #real boy #20th century #nobel prize #french author


After 125 Years, Hearst Brand House Beautiful Launches Its First Podcast

When it comes to haunted houses, House Beautiful thinks the ghosts have gotten all the attention. To compensate, on Wednesday the Hearst title launched the first podcast in its 125-year history, a free, five-episode product called Dark House, which will explore the stories and architecture... Continue reading at AdWeek

[ AdWeek | 2021-10-01 12:00:00 UTC ]
More news stories like this | News stories tagged with: #hearst