Time Warner in talks to sell part of Time Inc.

Time Warner is in talks to sell a large portion of its Time Inc. magazine division, including People, InStyle and Real Simple, according to a report Wednesday afternoon by Fortune.Headed for Meredith, Berkshire Hathaway or nowhere new after all?Fortune is itself a Time Inc. magazine but reported that it isn't part of the deal being discussed. Neither is the flagship Time or Sports Illustrated, Fortune said. People is a huge profit center and the crown jewel in the portfolio.A spokesman for Time Warner declined to comment. Spokeswomen for Time Inc. and BDT Capital Partners, a bank reportedly involved in the talks, did not immediately return calls.Speculation immediately turned to the identity of the potential "serious buyer" mentioned but not named in the article. Former Time Warner CEO Dick Parsons once told a "town hall" meeting of 400 staffers about a conversation he'd had with Warren Buffett."As your friend, don't do that, it's a good business," said Mr. Buffett, according to people who heard Mr. Parsons tell the story. "But," he added, "if you do sell it, sell it to me."A media investment banker, however, argued that getting Time Warner to sell its magazine portfolio in pieces would probably require a little extra incentive -- while Mr. Buffett tends to look for bargains. "These are the premier brands in the world in magazine publishing, and to split them up is surprising," said Reed Phillips, CEO at DeSilva & Phillips. "I would've thought they would've wanted to... Continue reading at 'Crains New York'

[ Crains New York | 2013-02-14 00:00:00 UTC ]

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Two-Time Booker Winner Hilary Mantel Dies at 70

Mantel, whose bestselling trilogy on the life of Thomas Cromwell earned her critical acclaim and three bestsellers, died on September 22. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-26 04:00:00 UTC ]
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Time-Tested Kids’ Religious Titles

'Hope for the Flowers' and 'The Jesus Storybook Bible' are marking milestones this year after years as backlist backbones for their publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-23 04:00:00 UTC ]
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We Wrote a Book About Why Audible Won’t Sell Our Book...and Snuck It Onto Audible

In his new book with Rebecca Giblin, 'Chokepoint Capitalism,' Cory Doctorow explores how large companies have positioned themselves between consumers and creatives and with a new Kickstarter campaign once again takes aim at the world's dominant audiobook platform. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-09 04:00:00 UTC ]
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Are we ready to poke fun at pandemic times? Christopher Buckley is.

Buckley’s “Has Anyone Seen My Toes?,” a novel about a screenwriter who’s gone off the rails, takes aim at pandemic-fueled neuroses. Continue reading at The Washington Post

[ The Washington Post | 2022-09-04 11:00:00 UTC ]
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How to watch chef Keith Corbin discuss 'California Soul' at the L.A. Times Book Club

Keith Corbin talked about growing up in Watts, going to prison and finding an unexpected career as a chef. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-08-23 19:57:41 UTC ]
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Ali Hazelwood’s sort-of-secret life as a best-selling author

“Love Hypothesis” author Ali Hazelwood didn’t intend to keep her scientist identity separate from her author identity. She didn’t intend to become an author. Continue reading at The Washington Post

[ The Washington Post | 2022-08-20 12:00:22 UTC ]
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The Morning After: Streaming overtakes cable TV for the first time

Did you know streaming TV was the future? Nielsen data shows streaming TV viewership in the US surpassed cable for the first time this July. About 34.8 percent of viewing time went to shows on internet services — slightly more than the 34.4 percent for cable.Breaking it down further, Netflix had... Continue reading at Engadget

[ Engadget | 2022-08-19 11:15:00 UTC ]
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Streaming viewership surpasses cable TV for the first time in the US

It was seemingly just a matter of time before streaming overtook at least one form of conventional TV, and now that moment has arrived. Nielsen data indicates that streaming TV viewership in the US surpassed cable for the first time this July. About 34.8 percent of viewing time went to shows on... Continue reading at Engadget

[ Engadget | 2022-08-18 16:44:57 UTC ]
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Streaming TV surpasses cable viewing for the first time, Nielsen reports

July viewership hours soar for streaming, in large part thanks to Netflix’s "Stranger Things." Continue reading at Advertising Age

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Why is it so hard to talk about marriage?

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[ Los Angeles Times | 2022-08-18 13:00:19 UTC ]
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Here are the meanest lines from the Times review of Jared Kushner’s book.

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[ Literrary Hub | 2022-08-17 15:19:36 UTC ]
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Axios to Sell Itself to Cox Enterprises for $525 Million

The digital media company’s founders, Jim VandeHei, Mike Allen and Roy Schwartz, will continue to run the company. Continue reading at The New York Times

[ The New York Times | 2022-08-08 14:16:30 UTC ]
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Let’s talk about science fiction and horror by new, promising writers

In our final column for The Post, we revisit books we have savored and many more we hope to read. Continue reading at The Washington Post

[ The Washington Post | 2022-08-04 12:00:00 UTC ]
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20 of the Best Book Series of All Time

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Pearson plans to sell its textbooks as NFTs

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[ The Guardian | 2022-08-02 15:37:17 UTC ]
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Harry and Meghan biographer Omid Scobie says his sequel ‘will have the world talking’

Finding Freedom author, recently revealed to have been informed by a briefing from a senior aide, promises follow-up boasting ‘deep access’Journalist Omid Scobie will publish a follow-up to his bestselling book Finding Freedom, an unofficial biography of Meghan Markle and Prince Harry.Scobie,... Continue reading at The Guardian

[ The Guardian | 2022-08-01 16:12:28 UTC ]
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Gilbert Cruz Named New York Times Books Editor

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How to watch actor Jennifer Grey at the L.A. Times Book Club

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Relationships are complicated. I learned it's OK to keep secrets for a time

Michelle Pearson and her husband kept a significant development from their guests to ensure their wedding day remained carefree and special. But eventually, they brought others into their secret. Continue reading at CBC

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Let’s talk about the beasts of sci-fi and horror. ‘Cujo,’ anyone?

From ‘The Island of Dr. Moreau’ to ‘Mrs. Frisby and the Rats of NIMH,’ animals are central to some of the most memorable novels Continue reading at The Washington Post

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