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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Media Monkeys Diary: TV writers, Eddie Mair, Gardeners Question Time

After the BBCs commissioning of Walter, a police comedy drama submitted by ITVs Kevin Lygo under the pseudonym Ruby Solomon, some commissioners are said to be wearily preparing to find out all the names of their rivals kids, so theyre ready in future for scripts by good but unknown writers for... Continue reading at The Guardian

[ The Guardian | 2014-08-03 00:00:00 UTC ]
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Man Booker Prize: A crowdfunded novel makes the longlist for the first time

'The Wake,' by Paul Kingsnorth was reportedly published by the website Unbound, which funds the publishing of books through donations. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-07-26 00:00:00 UTC ]
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Man Booker Prize longlist is released with Americans eligible for the first time

Four American authors made the cut, including Joshua Ferris and Karen Joy Fowler. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-07-25 00:00:00 UTC ]
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Digital Publishers: It's Time to Think About Paying to Promote Content

There is a long-held belief among content publishers -- including many we are partnered with -- that they shouldn't pay to amplify their content. Their clear aversion most often comes from some dogmatic belief that quality content doesn't require paid promotion. For them, paying to promote... Continue reading at Advertising Age

[ Advertising Age | 2014-07-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #core part #largest advertisers #online publisher


Time Inc. Creates Native Ad Group to Forge Programs Across Brands

Time Inc. has created an eight-person unit to focus on native advertising at the publishing company, led by a staffer from the editorial side, Sports Illustrated Group Creative Director Chris Hercik, and another from the business side, Senior VP-Marketing and Sales Development Priya Narang.Mr.... Continue reading at Advertising Age

[ Advertising Age | 2014-07-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #vp-global marketing #mark ford #entertainment weekly #travel leisure


Fox tried to buy Time Warner -- and HBO -- for $80 billion

Could Fox News and CNN have the same owner? No, but close. 21 Century Fox has confirmed reports (first published by the New York Times) that it made an $80 billion bid for fellow media conglomerate Time Warner -- and was turned down, for now.... Continue reading at Engadget

[ Engadget | 2014-07-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fox news #hbo -- #confirmed reports


Collins 'will not be replaced' at Sunday Times

Robert Collins, deputy literary editor of the Sunday Times, is to leave his role this week, and... Continue reading at The Bookseller

[ The Bookseller | 2014-07-15 00:00:00 UTC ]
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Tribune Publishing confirms Aug. 4 spinoff date

Tribune Publishing will spin off from Tribune Co. on Aug. 4, the new publishing company confirmed Tuesday. Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-07-15 00:00:00 UTC ]
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The literary World Cup: readers' best all-time teams

Could goalie Camus cope with an attack formed by Burroughs, Ballard and Bolaño? Guardian readers imagined football squads made from their favourite writers. As the World Cup comes to an end, we take a look at our best fictional elevens. But what team would you put your money on? Back when the... Continue reading at The Guardian

[ The Guardian | 2014-07-11 00:00:00 UTC ]
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Paul Pope Revisits 'Escapo,' this Time in Full Color

Cartoonist Paul Pope is dipping back into his archives to reissue his 1999 work 'Escapo' in a new hardcover edition from Z2 Comics that will be in full color for the first time and offer a wealth of supplementary material. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-02 00:00:00 UTC ]
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Time Incs M Scott Havens: We want to build the next LinkedIn or Facebook

Digital chief on rethinking the rules of journalism, shaking off the magazine group tag, and developing innovationM Scott Havens, senior vice president of digital at newly independent Time Inc is not a man to pussyfoot around journalistic conventions. We have to rethink the old church and state... Continue reading at The Guardian

[ The Guardian | 2014-06-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital chief #scott havens #sports illustrated


Sportswriter Simon Barnes leaves The Times after 32 years

Simon Barnes, The Times's award-winning chief sportswriter, is leaving the newspaper after 32 years. He claims the publisher can no longer afford his wages, according to a Sports Journalists' Association report. The report cites Barnes's email message to Mark Avery in which he wrote:"I have no... Continue reading at The Guardian

[ The Guardian | 2014-06-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon barnes #longer afford


Time Inc. Sells Off Its Mexican Magazines to Concentrate on U.S. and U.K.

Time Inc., the owner of People, Time and Sports Illustrated, said Thursday that it had sold Grupo Editorial Expansin, Mexico's second-largest magazine publisher, to the Latin-American private equity firm Southern Cross Group.Terms of the deal were not disclosed.When Time Inc. bought Grupo in... Continue reading at Advertising Age

[ Advertising Age | 2014-06-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mexican magazines #sports illustrated #international expansion #key element #growth strategy #major presence


'The Silkworm' is now available on Amazon – but the shipping time keeps changing

J.K. Rowling's bestseller 'The Silkworm' – previously unavailable to Amazon customers – can now be ordered, although shipping time is still slow. 'The Silkworm' is published by Hachette, with whom Amazon is currently involved in a dispute.  Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-06-24 00:00:00 UTC ]
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Are Digital Distractions Monopolizing Reading Time?

Books do furnish a room, but according to many in the publishing industry, the fear is that emails, online video texts and tweets will prevent them being read. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing industry


Play the literary World Cup: nominate your all-time top team

Which authors would form your literary XI? Penguin have created a literary World Cup and we're joining the fun. Nominate the writers you would pick, and explain which positions you would place them in. We will unveil the Guardian readers' definitive team soonEverything is about football these... Continue reading at The Guardian

[ The Guardian | 2014-06-19 00:00:00 UTC ]
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Former Time Warner Cable CEO and industry leader Glenn Britt dies

Glenn Britt, a former chairman and chief executive of Time Warner Cable and a leader in the pay-television industry for many years, died of cancer Wednesday at his New York City home at the age of 65. Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-06-12 00:00:00 UTC ]
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Time Inc. Shares Slip Nearly 1% on First Day of Trading

Shares in Time Inc., owner of People, Sports Illustrated and Time magazines, were off nearly 1% to $23.30 Monday, its first day of trading as a public company.The company's share price had tumbled about 4% after trading began but regained much of the lost ground during the afternoon.Time Inc. is... Continue reading at Advertising Age

[ Advertising Age | 2014-06-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #sports illustrated #share price #entertainment properties


Time Inc. falls in first day of trading

Time Inc. shares fell, marring the first day of trading after a spinoff from Time Warner Inc., on concern that the company's singular focus on magazines will hinder growth prospects as demand for... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2014-06-09 00:00:00 UTC ]
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Time shares drop on market debut

Shares in newly spun-off Time Inc - publisher of magazines including Time, People and Fortune - plunge 4% after being spun off from parent company Time Warner. Continue reading at BBC News

[ BBC News | 2014-06-09 00:00:00 UTC ]
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