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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Young Artist's First Graphic Novel Gets Big Time Blurbs

How a teenager got acclaimed comics artists Jeff Smith, Lucy Knisley and Hope Larson to blurb her self-published book. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #young artist #lucy knisley #hope larson #self-published book


Johnston Press chief: we will end up with fewer full-time journalists

Ashley Highfield says the ‘economics’ of digital news require the publisher to rely more on a ‘fluid’ selection of contributorsJohnston Press chief executive Ashley Highfield has warned that the number of full-time journalists working across the group’s local titles will fall from its current... Continue reading at The Guardian

[ The Guardian | 2015-03-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ashley highfield #local titles


Time Inc. close to naming president of People

Time Inc., the nation's largest magazine publisher, is close to naming former TV executive Rich Battista to lead the company's largest brand, People magazine, as well as its sibling publication... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2015-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #people magazine #largest brand


L.A. Times Book Prize Finalists Announced

Fifty nominees in 10 categories are up for the awards, and the winners will be revealed on April 18. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-05 00:00:00 UTC ]
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Women dominate Sunday Times Short Story Award shortlist

Five women have made the shortlist for the £30,000 Sunday Times EFG Short Story Award. British newcomer Rebecca F John, whose first book will be published by Parthian this year, has been nominated for her story "The Glove Maker's Numbers", about a woman grieving over her brother, alongside... Continue reading at The Bookseller

[ The Bookseller | 2015-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sheltered woman


Jill Abramson Signs $1M Book Deal – But Won't Settle Scores with New York Times

Jill Abramson, the former New York Times executive editor, has signed a rumoured $1m book deal – but readers hoping for a score-settling page turner may be disappointed, according to her publisher. Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-02-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jill abramson


Walter Scott Prize longlist released for first time

Martin Amis, Sarah Waters and Jessie Burton have made the 15-strong longlist for the 2015 Walter Scott Prize for Historical Fiction. The longlist has been released for the first time following a 40% increase in entries this year.  Amis is longlisted for his dark love story set in a Nazi... Continue reading at The Bookseller

[ The Bookseller | 2015-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #martin amis #sarah waters #jessie burton #15-strong longlist #historical fiction #40% increase #miniaturist picador


Time to shine a light on the tax system

The argument that publishing company tax information in the public domain will be "misleading" - and therefore the plan should be dumped altogether - does not stack up. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2015-02-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tax system #public domain


Time Inc. CEO: No Mergers Until at Least Next Year

Don't expect Time Inc. to merge with any of its magazine rivals soon.Time Inc. CEO Joe Ripp told investors Thursday that no mergers would happen until at least June 2016, which is the two-year anniversary of Time Inc. spinning off from Time Warner."The safest thing is to wait two years," he... Continue reading at Advertising Age

[ Advertising Age | 2015-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner


TV's Ad Market Remains Muted in Time Warner Results

The tepid ad market is continuing to give cable networks fits as they work to sell the commercial time they didn't book in the upfront, when advertisers shop for the upcoming TV season. Sales executives have been looking for strong growth in the so-called scatter market after a sluggish upfront... Continue reading at Advertising Age

[ Advertising Age | 2015-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #strong growth #conference call #flat market #ad sales #modest improvement


Time Inc. plunges on earnings, sales forecast

Time Inc., the magazine publisher spun off of Time Warner Inc. last year, plunged in New York trading after its fourth-quarter results and 2015 forecast were worse than analysts expected. The shares... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2015-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #york trading #analysts expected


Well, This Is Different -- Time Inc. Now Selling Print Ads Programmatically

Machines are now selling some print ads at Time Inc.The nation's largest magazine publisher -- owner of People, Time, Sports Illustrated and InStyle -- is letting marketers buy print ads with the same automated technology used to buy digital ads. This type of deal, where a computer facilitates a... Continue reading at Advertising Age

[ Advertising Age | 2015-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print ads #sports illustrated #buy ads #media agency #buying ads #entertainment weekly


Charlotte's Web and Stuart Little available in 'e' for first time

HarperCollins will publish three children’s classics by Charlotte’s Web author E B White as ebooks for the first time this March. Charlotte’s Web and Stuart Little, both written by White and illustrated by Garth Williams, will be published digitally along with The Trumpet of the Swan,... Continue reading at The Bookseller

[ The Bookseller | 2015-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #published digitally


Digiday Podcast Ep 2. Make or break time for VC-backed publishers

This week on the Digiday Podcast we give the digital media world a reality check. The post Digiday Podcast Ep 2. Make or break time for VC-backed publishers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2015-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digiday podcast #vc-backed publishers #reality check


Gross and Awesome: Businessweek's Cover Model Goes Topless (for the First Time)

Bloomberg Businessweek's latest cover offers a first for the magazine, according to Josh Tyrangiel, the magazine's editor in chief. This week's cover features @bw's first-ever shirtless male model! http://t.co/EOIqeFKvwB pic.twitter.com/QD2EiKXZFv Continue reading at AdAge.com Continue reading at Advertising Age

[ Advertising Age | 2015-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bloomberg businessweek #josh tyrangiel


Technology changes our leisure time but that's OK

A good book is all you ever used to need on the beach but data-use figures show we're still reaching for our cellphones even when we're on holiday. Continue reading at Stuff

[ Stuff | 2015-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #leisure time #good book #figures show


Time Inc. Tries Out New Digital Strategy with Curated DIY Site

Time Inc., the nation's largest magazine publisher, introduced a new website on Monday that collects articles about do-it-yourself projects and home decor from its magazines and several dozen partner websites, including Apartment Therapy.The new site, called "The Snug," is aimed at millennials... Continue reading at Advertising Age

[ Advertising Age | 2015-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital strategy #deliver content #evelyn webster #exec vp


A Time-Traveling Graphic Novel and More Great Books We’re Reading This Month

It's like the phrase "curl up with a good book" was invented for the month of December. Here's what we're reading by the fire. The post A Time-Traveling Graphic Novel and More Great Books We’re Reading This Month appeared first on WIRED. Continue reading at Wired

[ Wired | 2014-12-24 00:00:00 UTC ]
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New York Times to Fire 21 Union Employees Starting Today, Union Says

The New York Times will fire 21 union employees starting today, according to the union, exceeding the total number of job cuts the newspaper publisher had originally said was needed to reduce costs.New York Times Co. had accepted the buyout applications of 57 union employees and almost 30... Continue reading at Advertising Age

[ Advertising Age | 2014-12-17 00:00:00 UTC ]
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Time Inc. Begins Accepting Bitcoin Payments

A large magazine publisher is trying to stay on the digital cutting edge.   On Tuesday, Time Inc. announced that it would accept payments in Bitcoin for certain subscriptions. Like many companies that have started accepting Bitcoin, Time Inc. ha ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-12-17 00:00:00 UTC ]
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