Time Inc. spinoff: streamlined, but leaderless

On Thursday, Time Warner investors were giving the thumbs up to Wednesday's announcement that the media giant would be spinning off its troubled magazine division—pushing shares up 2% in midday trading, on top of the 6% increase that followed reports last month of a sale of Time Inc.But magazine industry-watchers said the spinoff raised doubts about the publisher's future and seemed to be one more example of the missed opportunities that have plagued the division for years."This clearly was Plan B," said magazine consultant Peter Kreisky.Like some other observers, he felt the company would have been better served by a deal with Meredith Corp. that was under discussion last month and would have combined that publisher's women's-oriented titles with most of Time Inc.'s. Talks reportedly disintegrated partly because Time Warner did not want to be left with magazines that did not fit in with Meredith's, including Fortune, Time and Sports Illustrated."A deal with Meredith would have given [the combined entity] scale and focus," Mr. Kreisky said. "The fact is that changing [the Time Inc.] culture is extraordinarily difficult, and that's the challenge that this new company will continue to face."Mr. Kreisky had firsthand knowledge of those difficulties two years ago as an advisor to Jack Griffin, the onetime Meredith Corp. executive who lasted less than six months as Time Inc.'s CEO before a culture clash forced his departure.Experts say a key challenge for Time Inc. will be... Continue reading at 'Crains New York'

[ Crains New York | 2013-03-08 00:00:00 UTC ]
News tagged with: #leading titles #including people #real simple #operating income #$420 million #significant amount #magazine business

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Should Historical Fiction Have Modern Sensibilities, Or Stick To Its Time?

Should historical fiction stick to the views and opinions of the time, or provide a modern perspective? Here are the pros and cons. Continue reading at Book Riot

[ Book Riot | 2023-12-05 11:31:00 UTC ]
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Amazon says its next-gen chips are four times faster for AI training

Amazon Web Services (AWS) just kicked off its Las Vegas-based re:Invent conference with a stream of announcements, most of which involve the year’s most popular technology, AI. These news items, taken as a whole, give us a sneak peek at the company’s long-term goals for... Continue reading at Engadget

[ Engadget | 2023-11-28 20:00:28 UTC ]
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27 of the Bestselling Manga of All Time

These bestselling manga series have sold tens of millions — and sometimes hundreds of millions — of copies worldwide! Continue reading at Book Riot

[ Book Riot | 2023-10-17 10:34:00 UTC ]
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How to watch Martin Baron discuss 'Collision of Power' at the L.A. Times Book Club

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[ Los Angeles Times | 2023-10-11 21:08:41 UTC ]
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Bloomberg Media Restructures Sales Team to Streamline Events, Integrated Marketing

Business and financial news publisher Bloomberg Media is restructuring its sales and marketing divisions around industries like tech, finance, auto, luxury and consultancy, rather than geography, to streamline operations and strengthen its appeal to advertisers, according to chief revenue... Continue reading at AdWeek

[ AdWeek | 2023-09-28 10:30:00 UTC ]
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Hands-on: Windows 11’s new AI tools aren’t ready for prime time

AI will change the way that we work. Or so says the most fervent purveyors of the tech, which now includes Microsoft. But after seeing ChatGPT, Dall-E, and other AI systems integrated into the latest versions of Windows 11, Office, and the company’s Microsoft 365 platform, I can’t say that... Continue reading at PC World

[ PC World | 2023-09-26 17:00:00 UTC ]
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There’s never been a better time to listen to comic books

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[ Fast Company | 2023-09-26 05:00:00 UTC ]
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Time to Investigate Some New Mystery Manga!

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[ Book Riot | 2023-09-19 10:30:00 UTC ]
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20 of the Most Thought-Provoking, Philosophical Science Fiction Books of All Time

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In Times of Environmental Collapse, Storytelling is a Form of Repair

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[ Electric Literature | 2023-09-05 11:00:00 UTC ]
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Sex, Time, and Memory: Annie Ernaux’s Young Man, by Manash Firaq Bhattacharjee

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[ World Literature Today | 2023-08-21 20:04:48 UTC ]
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How to watch Christian Cooper discuss 'Better Living Through Birding' at L.A. Times Book Club

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[ Los Angeles Times | 2023-08-16 20:59:16 UTC ]
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‘Times change’: what authors think about rewriting older books

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[ The Guardian | 2023-08-14 13:30:39 UTC ]
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Catherine Taylor Reads From The Stirrings: A Memoir in Northern Time

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[ Literrary Hub | 2023-08-09 08:58:06 UTC ]
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The Bestselling Science Fiction Books of All Time

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[ Book Riot | 2023-08-08 10:31:00 UTC ]
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Share This Link 9 Times or Never Read a Good Book Again!

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10 Bookish Jigsaw Puzzles For All Your Audiobook Reading Time

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The BBC’s Fergal Keane: ‘The breakdowns get harder to recover from each time’

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[ The Guardian | 2023-08-06 08:30:06 UTC ]
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The AirPods Pro drop back to an all-time low, plus the rest of this week's best tech deals

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[ Engadget | 2023-07-28 18:33:17 UTC ]
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[ Los Angeles Times | 2023-07-20 20:55:53 UTC ]
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