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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‘Lens of the West Coast’: Inside the L.A. Times’ new head of audio’s plan to focus the publisher’s podcasts

Aguilera wants people to one day associate the newspaper publisher with its podcasts and their West Coast "vibe and tone." But first, she is tasked with growing the L.A. Times' daily news show "The Times." The post ‘Lens of the West Coast’: Inside the L.A. Times’ new head of audio’s plan to... Continue reading at Digiday

[ Digiday | 2021-12-03 05:01:00 UTC ]
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Debut novel by ‘Russian Proust’ to be published in English for the first time

The translation of Deceit by ‘groundbreaking’ author Yuri Felsen, who died in Auschwitz in 1943, is set to come out next MayThe debut novel by Yuri Felsen, an author once regarded as the “Russian Proust” whose work has been forgotten since he died in Auschwitz in 1943, is set to be published in... Continue reading at The Guardian

[ The Guardian | 2021-12-01 14:12:48 UTC ]
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Jakucho Setouchi, Buddhist nun and best-selling Japanese author, dies at 99

She wrote a modern translation of "The Tale of Genji," one of Japan's most celebrated novels. Continue reading at The Washington Post

[ The Washington Post | 2021-11-30 02:12:35 UTC ]
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Mirion Malle: “Let’s Talk About Mental Health Without Pointing Blame”

Mirion Malle (This Is How I Disappear) and Sophie Yanow (The Contradictions) spoke to one another as part of D+Q Live, a fall event series by the graphic novel publisher Drawn & Quarterly. The occasion was Malle’s second English-language release and first work of fiction, This Is How I... Continue reading at Literrary Hub

[ Literrary Hub | 2021-11-29 09:54:22 UTC ]
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Ramsey seeks to sculpt post-pandemic plan for Edinburgh after ‘whirlwind’ time

After 26 years at Edinburgh University Press, Nicola Ramsey was named its interim c.e.o. five months ago, and has wasted no time looking to the future. Continue reading at The Bookseller

[ The Bookseller | 2021-11-27 02:50:31 UTC ]
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Trump Is Publishing a Photo Book of His Time in Office

“Our Journey Together” includes more than 300 photographs, along with captions written by the former president. Continue reading at The New York Times

[ The New York Times | 2021-11-20 00:37:09 UTC ]
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Wilbur Smith, Best-Selling Author of Swashbuckling Novels, Dies at 88

His books were full of lovers, dysfunctional families, pirates and hunters, and set in locations from ancient Egypt to colonial Africa. They sold in the millions. Continue reading at The New York Times

[ The New York Times | 2021-11-19 23:10:00 UTC ]
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Amazon's Kindle drops to an all-time low of $50 ahead of Black Friday

As ever, Amazon is discounting many of its products for the Black Friday shopping period. Like many other companies, Amazon is getting out of the gate a little early with deals on Kindles. The standard Kindle is down from $90 to $50, which is the lowest price we've seen for the e-reader. Back in... Continue reading at Engadget

[ Engadget | 2021-11-19 09:00:22 UTC ]
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THE BOY, THE MOLE, THE FOX AND THE HORSE is an International Phenomenon. It’s Partly Because of People like Me.

One reader reflects on why a picture book with messages about love, perseverance, and imperfection has connected with so many readers in the last two years. Continue reading at Book Riot

[ Book Riot | 2021-11-18 11:37:00 UTC ]
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The Historical Panorama of American Comics: PW Talks with Jeremy Dauber

Jeremy Dauber's 'American Comics: A History' is a lively historical survey of the American comics medium across 150 years of literary and commercial development. The book will be published this month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-17 05:00:00 UTC ]
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‘America’s Librarian’ knows why people turn to libraries in times of need

Nancy Pearl, possibly America’s best-known librarian and recommender of books, shares her thoughts on choosing what to read, and when to stop reading. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2021-11-16 23:20:31 UTC ]
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Wilbur Smith, best-selling author of African adventure tales, dies at 88

His novels — filled with bloodshed and bodice ripping — sold more than 140 million copies. Continue reading at The Washington Post

[ The Washington Post | 2021-11-16 01:36:30 UTC ]
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“still and yet and for all times”: A First Nations Anthology That Liberates Narratives of Indigenous Identity, by Dan Disney

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[ World Literature Today | 2021-11-09 21:58:53 UTC ]
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Zondervan’s ‘The Story’ Sells 5 Million Copies

'The Story,' which condenses the Bible into 21 chapters, has surpassed five million copies sold across all formats, 16 years after it was initially released by Zondervan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-09 05:00:00 UTC ]
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Can University Presses Keep Up with the Times?

As University Press Week turns 10, leaders of the Association of University Presses ask its members to take stock of how the nonprofit, mission-centered publishing community has changed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-05 04:00:00 UTC ]
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How to Talk Back to God: J. Richard Middlton

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[ Publishers Weekly | 2021-11-05 04:00:00 UTC ]
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My White Teacher Used A POC Pen Name To Sell Her Book. Should I Have Outed Her?

"This POC author was actually a blond white woman who didn’t seem to think there was anything wrong with her act of brownface." Continue reading at The Huffington Post

[ The Huffington Post | 2021-11-02 13:00:03 UTC ]
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Let’s talk about audiobooks: best narrators, best listening speeds and why we like them to begin with

Does listening to an audiobook while working hinder or enhance productivity? Let’s discuss. Continue reading at The Washington Post

[ The Washington Post | 2021-10-30 12:00:00 UTC ]
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In the Va. governor’s race, ‘Beloved’ is reduced to its most explicit parts. That’s obscene.

Toni Morrison’s 1987 classic has sparked debate in the Virginia governor’s race about what public school students should read. Continue reading at The Washington Post

[ The Washington Post | 2021-10-27 12:53:39 UTC ]
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