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 ]
‘The Book Review’ podcast began as a brief show with a rebellious touch. It became a forum for some of the biggest names in literature. Continue reading at The New York Times
[ The New York Times | 2021-04-15 13:38:51 UTC ]
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In a deal rumored to be in the seven figure-range, Knopf editor Jenny Jackson sold her debut novel to Pam Dorman, who has an eponymous imprint at Penguin Random House. 'Pineapple Street' follows three sisters who are members of a wealthy family, and is slated to be released in early 2023. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-14 04:00:00 UTC ]
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His forecasts of trends in business and society led to a series of best-selling books. Continue reading at The Washington Post
[ The Washington Post | 2021-04-11 15:32:47 UTC ]
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Today, April 9th, marks the fifty-eight publication anniversary of Maurice Sendak’s Where the Wild Things Are. Perhaps the most beloved children’s book of the latter half of the 20th century, Sendak’s gorgeously-illustrated tale of a young boy in a wolf suit who, upon being sent to bed with no... Continue reading at Literrary Hub
[ Literrary Hub | 2021-04-09 16:58:23 UTC ]
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Blockbuster projects share one common trait. Do you dream of opening that blockbuster restaurant, writing a New York Times best-selling book, or releasing a chart-topping album? A new study out of Northwestern University suggests a pivotal ingredient.Read Full Story Continue reading at Fast Company
[ Fast Company | 2021-04-09 16:21:42 UTC ]
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Writings by Brenda Peynado, Elizabeth Hand, Izumi Suzuki, Bruce Sterling and more. Continue reading at The Washington Post
[ The Washington Post | 2021-04-06 13:00:00 UTC ]
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Organizations today face a major threat in terms of cybersecurity, from malicious URLs to credential reuse, and having robust security systems can make all the difference. With Machine Learning for Cybersecurity Cookbook you'll learn how to use Python libraries such as TensorFlow and... Continue reading at Betanews
[ Betanews | 2021-04-01 11:33:09 UTC ]
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“You’re allowed to hate it,” Pinborough says of the ending of her book — and the show. Continue reading at The Washington Post
[ The Washington Post | 2021-03-26 06:00:00 UTC ]
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Andrea Lee’s superb fiction often describes the collisions between people from different cultures. Her new novel widens the scope. Continue reading at The Washington Post
[ The Washington Post | 2021-03-23 13:00:00 UTC ]
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Here’s hoping more books like “The Calcutta Chromosome” and “Machinehood” will reach a wider audience. Continue reading at The Washington Post
[ The Washington Post | 2021-03-22 15:33:17 UTC ]
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If the last year has taught us anything, it’s that Austin’s (Lincoln-drivin’, Wild Turkey-suppin’, Longhorns-boostin’, emergency-broadcastin’, naked bongo-playin’, UT professorin’) favorite son, Matthew David McConaughey, is actually a far busier man than his famously laid-back public persona... Continue reading at Literrary Hub
[ Literrary Hub | 2021-03-19 18:40:38 UTC ]
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Burge’s book, 'The Nones: Where They Came From, Who They Are, and Where They Are Going' (Fortress, out now), cites research listing atheists and agnostics each at 6% of the U.S. population, while 20% identify as “nothing in particular." Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-19 04:00:00 UTC ]
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Before I write about my experiences of being disabled and working in publishing, I need to add a caveat. I love this industry. I had so much fun whilst working in it. It’s full of incredibly kind and hard-working and empathetic and passionate people. Most of my managers over the years went above... Continue reading at The Bookseller
[ The Bookseller | 2021-03-15 16:32:42 UTC ]
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Watch author Viet Thanh Nguyen talk about "The Committed" at the L.A. Times Book Club. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-03-11 00:19:23 UTC ]
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Unless you’re a disgraced politician, trying to get a book published can be difficult, nerve-wracking, soul-denting work. If you’re anything like me, though, it really helps to hear that rejection is the rule in the publishing industry, rather than the exception. When my novel was out on... Continue reading at Literrary Hub
[ Literrary Hub | 2021-03-10 17:04:17 UTC ]
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Waterstones is closing its branch in Brentwood, Essex, saying it was unable to renegotiate the lease. Continue reading at The Bookseller
[ The Bookseller | 2021-03-09 11:37:35 UTC ]
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Short, fun erotic short stories that will leave you wanting more! Check out the best erotic short stories that you need to pick ASAP. Continue reading at Book Riot
[ Book Riot | 2021-03-05 11:35:00 UTC ]
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When I left the publishing industry at the end of 2007, the first Kindle had gone on sale just a month earlier, Apple had not yet launched the iPad and few people in publishing knew what an app was. It was a very different world. Continue reading at The Bookseller
[ The Bookseller | 2021-03-05 11:09:47 UTC ]
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The awards recognize outstanding literary achievements in 12 categories, including the Ray Bradbury Prize for Science Fiction, with winners to be announced April 16. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-03-02 15:00:14 UTC ]
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Anyone shocked by the cancellation of six Dr. Seuss books hasn’t been paying attention. Continue reading at The Washington Post
[ The Washington Post | 2021-03-02 06:26:28 UTC ]
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