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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In the U.S. and around the world, the third quarter of 2020 wasn't a pretty one for traditional advertising revenue. But digital media is looking up. According to Magna's latest quarterly advertising forecast, U.S. linear advertising revenues for 2020 (which include linear TV, linear radio,... Continue reading at AdWeek
[ AdWeek | 2020-12-07 02:00:00 UTC ]
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Get to know about WORLD OF WONDERS, the 2020 Barnes & Noble Book of the Year. Continue reading at Book Riot
[ Book Riot | 2020-12-04 13:00:00 UTC ]
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Grigory Rodchenkov has won this year's William Hill Sports Book of the Year award for his memoir The Rodchenkov Affair: How I Brought Down Putin’s Secret Doping Empire (W H Allen). Continue reading at The Bookseller
[ The Bookseller | 2020-12-03 21:02:42 UTC ]
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Blackwell's has revealed its contenders for its 2020 Book of the Year, featuring two titles published by indie presses Knights Of and Influx. Continue reading at The Bookseller
[ The Bookseller | 2020-12-03 18:12:11 UTC ]
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What do Brit Bennett, Megan Thee Stallion, and Sascha Baron Cohen all have in common? They’ve all joined The Weeknd in being named Entertainment Weekly’s 2020 Entertainers of the Year. Though I’ve loved Bennett since her 2017 debut novel The Mothers, this well-deserved recognition comes on the... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-03 16:03:02 UTC ]
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Wellcome Collection and Profile Books will publish An Extra Pair of Hands by Kate Mosse, her own "deeply personal" story of finding herself, in middle age, caring for her relatives. Continue reading at The Bookseller
[ The Bookseller | 2020-12-02 21:14:32 UTC ]
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Today, The Financial Times and McKinsey & Company announced the winner of its 2020 Business Book of the Year Award, which recognizes a work that provides the “most compelling and enjoyable insight into modern business issues.” The prize comes with £30,000 prize and each of the five... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-01 20:59:19 UTC ]
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Sarah Frier's 'No Filter' takes the £30,000 Business Book of the Year honor, in a strong shortlist from the FT and McKinsey & Company. The post Sarah Frier Wins the 2020 Business Book of the Year Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-12-01 20:59:13 UTC ]
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Gregory Forth’s A Dog Pissing at the Edge of a Path has won the U.K.-based Bookseller/Diagram Prize for Oddest Title of the Year, beating out runner-up Kathryn L. Smithies’s Introducing the Medieval Ass for the honor. No, it’s not autofiction: A Dog Pissing at the Edge of a Path is an... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-01 17:25:35 UTC ]
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For me, the book of the year was David Graeber’s Debt: The First 5,000 Years. The post A Year in Reading: Stephen Dodson appeared first on The Millions. Continue reading at The Millions
[ The Millions | 2020-12-01 12:00:24 UTC ]
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Hamnet by Maggie O’Farrell has been named Waterstones' Book of the Year 2020, claiming victory over the shortlist by "an overwhelming majority". Continue reading at The Bookseller
[ The Bookseller | 2020-12-01 02:51:45 UTC ]
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Nigel Jones, formerly of Ottakar's and the Totnes Bookshop, and his wife Claire Jones, a former W H Smith children's buyer, are to open their own independent bookshop in Totnes, two weeks before Christmas. Continue reading at The Bookseller
[ The Bookseller | 2020-11-30 12:29:44 UTC ]
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Anthropological study of metaphor takes 2020 Diagram prize, pulling ahead of Introducing the Medieval Ass in public voteA Dog Pissing at the Edge of a Path has beaten Introducing the Medieval Ass to win the Diagram prize for oddest book title of the year.Both books are academic studies, with the... Continue reading at The Guardian
[ The Guardian | 2020-11-27 00:01:11 UTC ]
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Two recently published and appealingly idiosyncratic memoirs reflect this week’s autumnal spirit. Continue reading at The Washington Post
[ The Washington Post | 2020-11-25 14:00:00 UTC ]
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Whatever the young reader in your life is into, there's a graphic novel for them! Find newer middle grade graphic novels to gift this year. Continue reading at Book Riot
[ Book Riot | 2020-11-25 11:37:00 UTC ]
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Paging through the “World Almanac and Book of Facts” has been surprisingly soothing. Continue reading at The Washington Post
[ The Washington Post | 2020-11-24 14:00:00 UTC ]
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When Meryl Halls took over as managing director of the Booksellers Association in April 2018, she wondered what would define her time at the top of the trade body. “My predecessor Tim Godfray’s signature thing was keeping VAT off books, and he was very proud of that. I’ve had a bloody global... Continue reading at The Bookseller
[ The Bookseller | 2020-11-23 21:12:32 UTC ]
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Eileen Robinson and Move Books are inspiring middle graders to find joy in reading through diverse characters and exciting stories. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-23 05:00:00 UTC ]
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Mostly Books has lined up a second series of its podcast, featuring a host of authors talking about their favourite books. Continue reading at The Bookseller
[ The Bookseller | 2020-11-22 12:48:47 UTC ]
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Lauren Williams, the website’s editor in chief, is also leaving. The departures come against a backdrop of change in the digital media business. Continue reading at The New York Times
[ The New York Times | 2020-11-20 21:04:29 UTC ]
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