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
The latest TikTok trend is surprisingly old-school: it’s a book. Last week, Sherry Argov’s 2002 relationship guide Why Men Love Bitches: From Doormat to Dreamgirl—A Woman’s Guide to Holding Her Own in a Relationship made the Sunday Times bestseller list for the first time since its release... Continue reading at Literrary Hub
[ Literrary Hub | 2021-02-08 17:27:52 UTC ]
More news stories like this | News stories tagged with:
#decade ago
#times bestseller
Hachette UK is partnering with the National Literacy Trust for the next three years to co-create programmes that help children, young people and adults in disadvantaged communities to develop their literacy skills. Continue reading at The Bookseller
[ The Bookseller | 2021-02-08 15:36:05 UTC ]
More news stories like this | News stories tagged with:
#three-year partnership
#hachette uk
#hachette
There’s so much contemporary fiction released every day, it’s hard to keep track—and it’s hard to know which works will still be remembered in a year and which will slip into obscurity. Luckily, we have George Saunders to guide us. In an interview with Los Angeles Review of Books, Saunders was... Continue reading at Literrary Hub
[ Literrary Hub | 2021-02-05 16:37:34 UTC ]
More news stories like this | News stories tagged with:
#george saunders
#short stories
Reading choices for your night in — whether you like sweet, steamy or need a good cry. Continue reading at The Washington Post
[ The Washington Post | 2021-02-05 13:00:00 UTC ]
More news stories like this | News stories tagged with:
#reading choices
Ibram X. Kendi and Keisha N. Blain gather activists and scholars to write a group history. Continue reading at The Washington Post
[ The Washington Post | 2021-02-05 13:00:00 UTC ]
More news stories like this | News stories tagged with:
#black voices
The shortlist has been announced for this year's Stanford Dolman Travel Book of the Year prize. Continue reading at The Bookseller
[ The Bookseller | 2021-02-05 08:37:57 UTC ]
More news stories like this | News stories tagged with:
#year prize
#shortlist revealed
#travel book
Welbeck Publishing Group has reported turnover of £13m and operating profit of £1.3m in 2019 in its inaugural financial results, taking stock of its first nine months of trading. Continue reading at The Bookseller
[ The Bookseller | 2021-02-03 21:05:10 UTC ]
More news stories like this |
Bernard Cornwell is bringing back his famous Richard Sharpe character after 15 years' absence, for a new adventure with HarperCollins this autumn. Continue reading at The Bookseller
[ The Bookseller | 2021-02-03 20:30:31 UTC ]
More news stories like this | News stories tagged with:
#bernard cornwell
#bringing back
#harpercollins
Tony Bruce, senior publisher at Routledge, talks to us about the plans for Routledge Classics' 20th anniversary. Continue reading at The Bookseller
[ The Bookseller | 2021-02-01 07:56:34 UTC ]
More news stories like this | News stories tagged with:
#20th anniversary
Leipzig Book Fair, the main spring event for the German book industry, has been cancelled for the second year running owing to the pandemic. Continue reading at The Bookseller
[ The Bookseller | 2021-01-31 21:39:11 UTC ]
More news stories like this | News stories tagged with:
#german book
#book fair
Influential editor and co-founder of the literary magazine to be succeeded by senior staffMary-Kay Wilmers is stepping down from her role as editor of the London Review of Books, a position she has held for almost 30 years.Wilmers was one of the founders of the literary magazine in 1979, along... Continue reading at The Guardian
[ The Guardian | 2021-01-29 15:28:52 UTC ]
More news stories like this | News stories tagged with:
#london review
#40th anniversary
#literary magazine
#books editor
Unit sales hit an all-time high at BookScan in 2020, which the service said could be attributed to a combination of strong sales of both print books and e-books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-29 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#record books
#all-time high
#strong sales
#print books
#bookscan
Sceptre has acquires What’s in a Name? by Sheela Banerjee, the story of 20th-century immigration to the UK told through names and what they say about belonging and heritage. Continue reading at The Bookseller
[ The Bookseller | 2021-01-28 16:52:59 UTC ]
More news stories like this |
Bliss is rare these days. Enjoy it. For me, that means burying myself in twenty-year-old manga to get through the day. Continue reading at Book Riot
[ Book Riot | 2021-01-28 11:37:00 UTC ]
More news stories like this | News stories tagged with:
#manga
The Financial Times is debuting a vertical dedicated to climate coverage, the publisher announced this morning. The move comes as the organization seeks to increase retention rates and drive subscriptions. "We think about value in two ways," head of digital editorial development Renee Kaplan... Continue reading at AdWeek
[ AdWeek | 2021-01-28 05:35:00 UTC ]
More news stories like this | News stories tagged with:
#climate coverage
#good business
#drive subscriptions
#publisher announced
Profile Books has reported a "healthy" financial year for the 12 months to end of March 2020, with a turnover of £12.2m, up 7% on the previous year. Continue reading at The Bookseller
[ The Bookseller | 2021-01-27 22:15:55 UTC ]
More news stories like this | News stories tagged with:
#financial year
#profile books
While undoubtedly personal, Tyson’s memoir offers an accounting of how far we’ve come — and how far we still must go. Continue reading at The Washington Post
[ The Washington Post | 2021-01-27 15:38:06 UTC ]
More news stories like this | News stories tagged with:
#memoir offers
#memoir
The children’s book has influence out of proportion with its 24 pages and its cardboard cover devoid of medallions. Continue reading at The Washington Post
[ The Washington Post | 2021-01-27 13:00:00 UTC ]
More news stories like this | News stories tagged with:
#inspiring authors
#children’s book
New and backlist titles offering esoteric insight, ancient wisdom, and empowering practices did well during a year of ‘profound uncertainty,’ publishers say. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-27 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#spirituality titles
#ancient wisdom
#backlist titles
Monique Roffey has won the £30,000 Costa Book of the Year award for her “utterly original” sixth novel, The Mermaid of Black Conch: A Love Story, published by independent Peepal Tree Press. Continue reading at The Bookseller
[ The Bookseller | 2021-01-26 22:02:30 UTC ]
More news stories like this | News stories tagged with:
#monique roffey
#black conch
#love story
#costa book