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 ]
‘Talk to Me,’ by T.C. Boyle, was inspired by a 1970s experiment in which researchers tried to teach a young chimpanzee American Sign Language. Continue reading at The Washington Post
[ The Washington Post | 2021-09-20 12:00:00 UTC ]
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Our favorites include works by Tanith Lee, Karl Edward Wagner, Stephen King and Charles R. Saunders Continue reading at The Washington Post
[ The Washington Post | 2021-09-18 12:00:00 UTC ]
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The star who made her name in “Bring It On” talks about her new book “You Got Anything Stronger?” Continue reading at The Washington Post
[ The Washington Post | 2021-09-16 14:30:00 UTC ]
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First published as an Instagram webcomic, Simon Hanselmann's 'Crisis Zone', has been collected into a nearly 300-page graphic novel out now from Fantagraphics. The book won the 2021 Eisner award for webcomics. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-15 04:00:00 UTC ]
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A novel by Jai Chakrabarti follows two productions of a play staged decades apart as acts of resistance. Continue reading at The Washington Post
[ The Washington Post | 2021-09-14 13:00:00 UTC ]
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Anna Qu is the guest. Her new book, Made in China: A Memoir of Love and Labor, is out now from Catapult. From the episode: Anna Qu: I think I was trying to capture a couple of points. The first point is really arriving at a single moment of betrayal, and that betrayal was reporting […] Continue reading at Literrary Hub
[ Literrary Hub | 2021-09-13 08:48:59 UTC ]
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Peter Warner, former president and publisher of Thames & Hudson, has died at the age of 79 from complications of myelodysplastic syndrome (MDS). Continue reading at The Bookseller
[ The Bookseller | 2021-09-12 20:14:10 UTC ]
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Writers from different parts of the world weigh in on what it means to be a woman with agency. Continue reading at The Washington Post
[ The Washington Post | 2021-09-11 12:00:00 UTC ]
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Lucy Caldwell has been shortlisted for the BBC National Short Story Award for the third time, in a year dominated by new voices. Continue reading at The Bookseller
[ The Bookseller | 2021-09-10 09:37:40 UTC ]
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W H Allen will publish The 1619 Project: A New American Origin Story, created by Pulitzer Prize-winning journalist Nikole Hannah-Jones and the New York Times Magazine. Continue reading at The Bookseller
[ The Bookseller | 2021-09-09 11:16:58 UTC ]
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Peter Warner, the longtime president of Thames & Hudson, died on September 9 from complications due to myelodysplastic syndrome. He was 79. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-09 04:00:00 UTC ]
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From the acclaimed author of novels and short stories, 'Harrow' is a magnificent, moving story about people picking up the pieces of apocalypse. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-09-07 13:00:01 UTC ]
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David Rooney explores how ideas about time have shaped cultures and consciousness. Continue reading at The Washington Post
[ The Washington Post | 2021-09-03 12:00:00 UTC ]
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In 'The Jesus I Know' (Thomas Nelson, Nov. 30), Gifford talks with celebrities about the ways Jesus has impacted their lives. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-03 04:00:00 UTC ]
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This year's fall regional trade shows will take place as questions abound over how the rest of 2021 will play out. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-03 04:00:00 UTC ]
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Trigger warning: unpopular opinion. I have long despised the idea of writers’ retreats. I entirely agree with the concept itself but felt it was in desperate need of diversification in order to suit different personality types and minds. Continue reading at The Bookseller
[ The Bookseller | 2021-09-02 05:17:10 UTC ]
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Bristol arts hub and charity Knowle West Media Centre is seeking a writer who identifies as working-class to participate in a mini residency as part of the centre's Working Class Writers Festival. Continue reading at The Bookseller
[ The Bookseller | 2021-09-01 12:58:06 UTC ]
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Now might be a good time to buy an e-reader for school — or that end-of-summer vacation. Amazon has cut the price of the ad-supported 8GB Kindle Paperwhite to an all-time low of $71 in a one-day-only sale, well below the official $130 sticker. That's lower than what we saw just two weeks... Continue reading at Engadget
[ Engadget | 2021-08-29 15:44:54 UTC ]
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Octopus Books imprint Aster has acquired Fear Less, Live More by two-time GB Olympian Aimee Fuller. Continue reading at The Bookseller
[ The Bookseller | 2021-08-20 08:49:30 UTC ]
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Nine Eight, Bonnier Books UK's new music imprint, will publish Being Britney: Pieces of a Modern Icon by Jennifer Otter Bickerdike in November 2021, the first book to provide a "sympathetic yet objective re-examination of Britney Spears' cultural impact". Continue reading at The Bookseller
[ The Bookseller | 2021-08-19 02:29:30 UTC ]
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