Time Warner Considering Spinning Off Part Of Its Publishing Arm: Report

According to Fortune, the media giant is meeting with a reps from Meredith--but nothing's been confirmed. Could Time Warner be following in the steps of News Corp. and considering spinning off its publishing division? According to a report by Fortune (a Time Inc. publication), the media company has met with reps for a potential buyer to talk about separating People, InStyle, and Real Simple and selling them to an undisclosed buyer. In that plan, Time, Sports Illustrated, and Fortune would stay under the control of Time Warner. The news comes less than a month after Time Inc. laid off 6% of its workforce. But it's not the first time that similar rumors have spread about the publishing arm--and company officials, of course, are not commenting on the record.Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2013-02-14 00:00:00 UTC ]

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The Improper Bostonian Shutters After 28 Years

[caption id="attachment_157693" align="alignright" width="450"] The first (left) and last (right) editions of The Improper Bostonian (credit The Improper Bostonian)[/caption] The Improper Bostonian, a regional lifestyle magazine, closed its doors on Thursday after 28 years in print. "While this... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-26 00:00:00 UTC ]
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Rick Reilly wants the public to know the truth about President Trump's golf game

Rick Reilly’s course of action isn’t to cheat the audience. The former L.A. Times, Sports Illustrated and ESPN writer sized up the room of about 30 bunched into the center of an independent book store in Manhattan Beach the other night and declared: As a golfer, your president is all about... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-22 00:00:00 UTC ]
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Scholastic sees third-quarter revenue boost of 4%

Scholastic has reported a revenue rise of 4% year-on-year in its third quarter for the three months to 28th February, increasing from $344.7m (£261.3) to $360.1m (£273m) thanks to its children’s publishing division. Continue reading at The Bookseller

[ The Bookseller | 2019-03-23 00:00:00 UTC ]
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TV Upfront and Digital NewFront 2019 calendar: the latest updates

YouTube CEO Susan Wojcicki at the YouTube Brandcast 2018 presentation at Radio City Music Hall on May 3, 2018 in New York City. Credit: Taylor Hill/FilmMagicMark your calendars: TV networks and digital publishers are gearing up to make their annual pitches to media buyers and marketers in their... Continue reading at Advertising Age

[ Advertising Age | 2019-02-20 00:00:00 UTC ]
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Green Tapped to Head Book Unit at Abrams Artists

Longtime literary agent Simon Green has been tapped to head the book and publishing division of Abrams Artists Agency. Green was, until last Spring, an agent at CAA. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-05 00:00:00 UTC ]
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Blizzard Publishing Powers Up

For more than two decades, Blizzard Entertainment has been known mostly for creating video games: World of Warcraft, Overwatch, Hearthstone. But its publishing division, too, is wizzing along. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-05 00:00:00 UTC ]
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Monday Wake-Up Call: Salesforce co-founder is buying Time. Plus, why Alex Bogusky rejoined CP&B

Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app. What people are talking about today: Time magazine is getting new... Continue reading at Advertising Age

[ Advertising Age | 2018-09-17 00:00:00 UTC ]
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More Layoffs and Big Changes Rock Meredith’s Birmingham Office

[caption id="attachment_109685" align="alignright" width="488"] Meredith Corp.'s Des Moines, Iowa headquarters.[/caption] Meredith has taken further steps in its long-term reorganization strategy that began after its acquisition of Time Inc. nearly two years ago. The Wall Street Journal first... Continue reading at Folio Magazine

[ Folio Magazine | 2018-09-13 00:00:00 UTC ]
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Regnery Has Big Q2

Second quarter sales at Regnery rose 16.7% over 2017, but softness in Salem Media's self-publishing unit led to a 9% decline in total revenue at Salem's publishing division in the second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-09 00:00:00 UTC ]
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AARP Widens Its Lead as America’s Most-Read Magazine

As it does twice each year, GfK MRI released its latest round of magazine audience estimates—the average per-issue readership among U.S. adults for about 200 of the most widely-read magazines—based on consumer research conducted over a nine-month period. The Spring 2018 figures—drawn from the... Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-22 00:00:00 UTC ]
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Wiley Overcomes Soft Publishing Results to Finish FY18 Strong

Revenue fell 2% in John Wiley's publishing division in the fiscal year ended April 30, compared to fiscal 2017. However, increases in the company's other two groups led to a 5% increase in sales and a 16% gain in earnings for the entire company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-12 00:00:00 UTC ]
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Apple Music sets up publishing division as it chases down Spotify

Apple Music has been on its way to overtake Spotify in terms of subscriber base for a while now. The service got a new boss, Oliver Schusser, this past April, as well. Now, Schusser's first major initiative appears to be the launch of Apple's own mus... Continue reading at Engadget

[ Engadget | 2018-05-31 00:00:00 UTC ]
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Apple Music steps closer to becoming a record label–and why not?

Apple’s services business is proving that the company has a built-in audience–a sort of affinity group–that’s ready to buy everything from apps to books to accessories. Apple Music is reportedly launching a publishing division. This would make it easier for Apple to license music, and it could... Continue reading at Fast Company

[ Fast Company | 2018-05-30 00:00:00 UTC ]
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Slowdown in Self-Publishing Drops Publishing Revenue at Salem

First quarter revenue fell 7.6% in Salem Media Group's publishing division which it attributed to a slowdown in author acquisitions in its self-publishing business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-10 00:00:00 UTC ]
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Meredith plans to sell off Time, Fortune and Sports Illustrated and cut 1,000 jobs

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the Money brand, after completing a review of the $1.8-billion deal. The company also intends to eliminate about 1,000 jobs over... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-22 00:00:00 UTC ]
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Meredith plans to axe 1,200 jobs and sell Time, Fortune, Sports Illustrated

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell flagship publication Time as well as Sports Illustrated, Fortune and Money after completing a review of the $1.8 billion deal.The company also intends to eliminate about 1,000 jobs over the next 10... Continue reading at Advertising Age

[ Advertising Age | 2018-03-22 00:00:00 UTC ]
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You Say Paywalls Are Back? For The FT, They Never Went Away

The pink financial paper has used online subscriptions since 2002. After decades of diminishing ad returns, fellow digital publishers are finally catching on. Late last year, the Financial Times reached a pretty big milestone: It exceeded 900,000 paying subscriptions, both print and digital–up... Continue reading at Fast Company

[ Fast Company | 2018-01-12 00:00:00 UTC ]
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What's behind the Time Inc. takeover?

Time Inc. decided that if its famous magazine titles such as Time, People and Sports Illustrated were going to survive the wrenching shift from print publishing to digital viewership, the company couldn’t do it alone. And so Time agreed to be acquired by another magazine publisher, Meredith... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-28 00:00:00 UTC ]
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‘Their own media megaphone’: what do the Koch brothers want from Time?

The company’s decline is readily apparent – but if the billionaire brothers’ other interests are a guide, their investment will be about more than moneyThat Charles and David Koch are putting $650m into Meredith Corp’s purchase of Time would ordinarily be cause for great soul-searching in media.... Continue reading at The Guardian

[ The Guardian | 2017-11-27 00:00:00 UTC ]
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Meredith, Backed by the Koch Brothers, to Buy Time Inc.

Meredith Corp. has agreed to acquire Time Inc. for $2.8 billion including debt, swallowing the once-mighty home of Fortune and Sports Illustrated after the internet age wreaked havoc on even the most prestigious magazine titles.The $18.50-a-share offer is an all-cash one, Meredith said in a... Continue reading at Advertising Age

[ Advertising Age | 2017-11-27 00:00:00 UTC ]
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