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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How to watch bestselling author Luis Alberto Urrea at the L.A. Times Book Club

Luis Alberto Urrea, author of 'Good Night, Irene,' joins L.A. Times Book Club readers live on July 19. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-07-19 20:38:21 UTC ]
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The Morning After: The Amazon Prime Day deals worth your time and money

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[ Engadget | 2023-07-11 11:15:13 UTC ]
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BBC: Metropolitan police say ‘no investigation at this time’ into suspended presenter – latest updates

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[ The Guardian | 2023-07-10 14:37:56 UTC ]
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Ordinary People in Extraordinary Times: Life Under Occupation in WWII

Before you say it, I know: there are so, so many books about the Second World War. And when I set out to write my most recent novel, The Paris Deception, the thought crossed my mind—do we really need another book about Paris during the war? But historical fiction is a rich field, and there […] Continue reading at Literrary Hub

[ Literrary Hub | 2023-06-30 08:55:14 UTC ]
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Amazon sale drops the Kindle Paperwhite, Echo Dot and Fire tablets for kids to all-time lows

You can get your kid a new e-reader or tablet at a discount from Amazon right now if you're looking to stoke their love of reading or just simply want to get them a new toy. The 8GB Kindle Paperwhite Kids is currently on sale for $90 for Prime members, which is 44 percent off its list price of... Continue reading at Engadget

[ Engadget | 2023-06-21 10:55:36 UTC ]
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Video: Watch Elliot Page discuss 'Pageboy' at the L.A. Times Book Club

Actor Elliot Page joined the Los Angeles Times Book Club to discuss his new memoir, 'Pageboy,' in Hollywood. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-06-15 17:06:58 UTC ]
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The ‘New York Times Book Review’ Mixes It Up

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[ Publishers Weekly | 2023-06-09 04:00:00 UTC ]
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Los Angeles Times announces 74 job cuts due to economic challenges

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[ ABC News | 2023-06-07 20:06:25 UTC ]
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The Only Good Harry Potter Spinoff Could Teach a Thing or Two to J.K. Rowling

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[ Slate | 2023-05-26 09:50:00 UTC ]
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International Booker Prize Winners on Nostalgia, Translation, and 'Time Shelter'

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[ Publishers Weekly | 2023-05-26 04:00:00 UTC ]
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How to watch LeVar Burton at the L.A. Times Book Club

On May 24, actor and author LeVar Burton discusses the State of Banned Books with Times readers in Los Angeles. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-05-24 20:15:39 UTC ]
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New Books Find Voices of Faith in Fraught Times

Religion publishers address many of the most challenging social issues facing a polarized nation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-19 04:00:00 UTC ]
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'New York Times' reports slower digital subscription growth and weakening ad revenue

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VIZ Manga subscription service releases English chapters the same time Japan gets them

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[ Engadget | 2023-05-09 04:57:23 UTC ]
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AAP Meeting Looks at Publishing During a 'Dicey Time'

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[ Publishers Weekly | 2023-05-09 04:00:00 UTC ]
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This Alaska bookstore in Sarah Palin’s hometown isn’t backing down about its drag story time.

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[ Literrary Hub | 2023-05-04 15:21:17 UTC ]
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Jenny Odell on Timing Our Lives in Rhythm With the Earth

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The Most Influential Manga of All Time

The most influential manga of all time is the culmination of centuries of early Japanese art and emerged from the post-war era. Continue reading at Book Riot

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Freedom to Read Supporters Say It's Time to Get Louder

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[ Publishers Weekly | 2023-04-25 04:00:00 UTC ]
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[ Los Angeles Times | 2023-04-22 04:49:44 UTC ]
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