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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First Gayl Jones Novel in 20 Years Is Coming This Fall

Gayl Jones has not published a book for 20 years, but her publisher, Beacon Press, is determined to make up for lost time, publishing five new books by the influential author over the next two years—including the novel 'Palmares' this September. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-14 04:00:00 UTC ]
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Early Medieval English literature was a sordid swamp of wanton plagiarism!

It turns out 12th-century British scholars (monks, really, we’re mainly talking monks, here) had absolutely no problem borrowing “long passages” from whatever manuscripts they could get their hands on, and would freely plagiarize the writings of continental scholars. Of course, plagiarism then... Continue reading at Literrary Hub

[ Literrary Hub | 2021-05-11 14:10:25 UTC ]
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Rankin's A Song for the Dark Times hits the high note in top spot

Ian Rankin's A Song for the Dark Times (Orion) has clearly struck a chord with the book-buying public, reaching a crescendo in its first full week on sale and hitting the UK Official Top 50 number one spot. Continue reading at The Bookseller

[ The Bookseller | 2021-05-11 02:14:07 UTC ]
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HarperCollins snares early Higgins police thriller trilogy

HarperCollins is releasing a previously out of print police thriller trilogy by The Eagle Has Landed author Jack Higgins as a single volume. Continue reading at The Bookseller

[ The Bookseller | 2021-05-10 20:13:24 UTC ]
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'Be the Bridge' is ECPA Christian Book of the Year

ECPA has named its 2021 Christian Book Awards-winning books and audio, a slate that highlights reconciliation, inspiration, and consolation in turbulent times. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-06 04:00:00 UTC ]
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William Collins pre-empts Finkelstein's family memoir of war-time persecution

Williams Collins has pre-empted a memoir by political columnist and commentator Daniel Finkelstein uncovering his family’s devastating experiences of persecution during the Second World War. Continue reading at The Bookseller

[ The Bookseller | 2021-05-05 16:01:10 UTC ]
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Kevin Merida takes the top job at the LA Times

Yesterday, after months of speculation, the LA Times appointed its next executive editor. The paper has given the job to Kevin Merida, the editor in chief of The Undefeated, an arm of ESPN that reports on the intersection of sports, race, and culture; prior to working there, he spent twenty-two... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-05-04 12:30:57 UTC ]
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Sunday Times Audible Short Story Award longlist revealed

American authors dominate the 2021 longlist for the Sunday Times Audible Short Story Award, the world’s richest short story prize with £30,000 for the winner. Continue reading at The Bookseller

[ The Bookseller | 2021-05-01 18:26:14 UTC ]
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Horror Anthology Books For Some Mid-Year Frights

Here’s a list of 9 great horror anthology books full of monsters and mayhem to satisfy your mid-year frights, including The Valancourt Book of World Horror Stories, Volume One edited by James D. Jenkins and Ryan Cagle. Continue reading at Book Riot

[ Book Riot | 2021-04-30 10:34:00 UTC ]
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Tbilisi Opens Its UNESCO World Book Capital Year: ‘An Historic Day’

Constrained by the pandemic, a small but spirited weekend opens the 2021 UNESCO World Book Capital program in Tbilisi. The post Tbilisi Opens Its UNESCO World Book Capital Year: ‘An Historic Day’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-26 16:29:25 UTC ]
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Publishers like The Guardian become conscientious FLoC objectors, as The New York Times and others open to testing the controversial tech

The drumbeat against Google's cookieless tracking and ad targeting method gets louder as publishers including The Guardian and The Markup block FLoC. The post Publishers like The Guardian become conscientious FLoC objectors, as The New York Times and others open to testing the controversial tech... Continue reading at Digiday

[ Digiday | 2021-04-26 04:01:00 UTC ]
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These are the 50 best-selling books of all time (on Amazon).

Want to read what everyone else is reading? MarketWatch reports that in honor of World Book Day, Amazon has released a list of their 50 overall bestselling books in the U.S. (at least in the 27 years since their launch in 1994). Of course, not everyone buys their books on Amazon (may we suggest... Continue reading at Literrary Hub

[ Literrary Hub | 2021-04-23 16:45:58 UTC ]
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How to watch former President Obama and Ava DuVernay at the L.A. Times Book Club

Former President Barack Obama and filmmaker Ava DuVernay discuss "A Promised Land" at the L.A. Times Community Book Club. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-04-21 21:09:15 UTC ]
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L.A. Times Book Award Winners Announced

The 41st annual Los Angeles Times Book Prizes were awarded in a livestreamed virtual ceremony last Friday. The awards are presented in 12 categories; 56 books were shortlisted overall. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-19 04:00:00 UTC ]
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Winners of the 2020 L.A. Times Book Prizes announced

Deesha Philyaw, Victoria Chang and Isabel Wilkerson are among the winners of the 2020 L.A. Times Book Prizes, announced Friday. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-04-17 01:06:54 UTC ]
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L.A. Times Book Prizes and Festival of Books kick off this week. Here's how to watch

The 26th Los Angeles Times Festival of Books is going virtual again this year. The event kicks off April 17 at 10 a.m. Here's how to watch. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-04-16 12:00:30 UTC ]
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President Obama, Ava DuVernay bring 'A Promised Land' to L.A. Times Community Book Club

Barack Obama and filmmaker Ava DuVernay will discuss the former president's memoir "A Promised Land" April 21 in a livestreamed event for the L.A. Times Community Book Club. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-04-16 01:25:03 UTC ]
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Clear Channel scoops Commercial Team of the Year at Campaign Media Awards

The outdoor media owner beat 4 Sales, Hearst Solutions, News UK and Reach Solutions to claim the coveted prize. Continue reading at Media Week

[ Media Week | 2021-04-14 15:33:07 UTC ]
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Time to rewatch this iconic performance of Where the Wild Things Are.

Today, April 9th, marks the fifty-eight publication anniversary of Maurice Sendak’s Where the Wild Things Are. Perhaps the most beloved children’s book of the latter half of the 20th century, Sendak’s gorgeously-illustrated tale of a young boy in a wolf suit who, upon being sent to bed with no... Continue reading at Literrary Hub

[ Literrary Hub | 2021-04-09 16:58:23 UTC ]
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It took a woman with autism 25 years to find her voice. Now she’s telling her story.

The memoir “I Have Been Buried Under Years of Dust” chronicles one family’s struggles and victories. Continue reading at The Washington Post

[ The Washington Post | 2021-04-09 12:00:00 UTC ]
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