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 ]

Other news stories related to: "Time Warner in talks to sell part of Time Inc."


Watch 'Black Poets in a Time of Unrest' live

L.A. poet laureate Robin Coste Lewis and other poets share experiences and verse with L.A. Times Book Club readers. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-09-24 20:18:48 UTC ]
More news stories like this | All news stories tagged with: #times book #black poets


Coronet acquires 'timely' debut exploring extinction and survival

Coronet has acquired the debut novel of Kate Sawyer examining life after near global extinction. Continue reading at The Bookseller

[ The Bookseller | 2020-09-24 19:02:14 UTC ]
More news stories like this | All news stories tagged with: #coronet acquires


UK and USA: Financial Times and McKinsey Announce a Business Book of the Year Shortlist

Eligible for books originally published in English or in translation, the FT-McKinsey program looks for work to 'stand the test of time.' The post UK and USA: Financial Times and McKinsey Announce a Business Book of the Year Shortlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-23 20:22:39 UTC ]
More news stories like this | All news stories tagged with: #year shortlist #business book #post uk #book of the year


Booksellers Talk Lost Books, Sex, and Good Business at NAIBA/SIBA Conference

In packed workshop sessions and thematic buzz panels, booksellers and editors were able to rekindle much of the educational reason for attending—and some of the interpersonal reasons as well. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-23 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #good business


Get 'Linux Administration Cookbook' ($35.99 value) FREE for a limited time

Linux is one of the most widely used operating systems among system administrators, and even modern application and server development is heavily reliant on the Linux platform. The Linux Administration Cookbook is your go-to guide to get started on your Linux journey. It will help you understand... Continue reading at Betanews

[ Betanews | 2020-09-22 15:03:07 UTC ]
More news stories like this | All news stories tagged with: #cookbook #heavily reliant #system administrators #operating systems #limited time


We Need to Talk About Audible

Bestselling author Cory Doctorow on his crowdfunded effort to tip the scales against Audible's DRM-enforced market dominance. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-18 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #bestselling author


Barack Obama's Memoir Is Finally Here — At Least The First Part Of It

"A Promised Land," to be released Nov. 17, weighs in at a whopping 768 pages. Obama said it's "a fun and informative read." Continue reading at HuffPost

[ HuffPost | 2020-09-17 12:30:43 UTC ]
More news stories like this | All news stories tagged with: #memoir #promised land #barack obama


The best new audiobooks include a 30-year-old novel that’s as timely as ever

Gore Vidal’s “Hollywood” is finally getting the audiobook treatment, and not a moment too soon. Continue reading at The Washington Post

[ The Washington Post | 2020-09-14 12:00:00 UTC ]
More news stories like this | All news stories tagged with: #audiobook #gore vidal


Lecrae Opens Up on Healing in Chaotic Times

In I Am Restored, the award-winning hip hop artist bares all his traumas and how he rediscovered his faith with a balance of therapy and theology. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-08 04:00:00 UTC ]
More news stories like this |


Octavia Butler has finally made the New York Times Best Seller list.

Why aren’t there more Science Fiction Black writers? There aren’t because there aren’t. What we don’t see, we assume can’t be. What a destructive assumption. —Octavia E. Butler, in Octavia E. Butler: Telling My Stories.   A small good thing amid the unrelenting horror: This week, almost fifty... Continue reading at Literrary Hub

[ Literrary Hub | 2020-09-03 16:37:21 UTC ]
More news stories like this | All news stories tagged with: #science fiction #fifty years #seller list #finally made #octavia butler


JMP to publish Sally J Morgan's 'timely and pertinent' debut

John Murray Press will publish Sally J Morgan's debut Toto Among the Murderers on its J M Originals list this October. Continue reading at The Bookseller

[ The Bookseller | 2020-09-02 18:06:05 UTC ]
More news stories like this | All news stories tagged with: #originals list


Lockdown diaries: changing times

In terms of technology, we were lucky to be well set up for remote working: our company had already made sure we were equipped with the things we needed to work from home, so when it was announced that the office was closing, I was able to carry on and keep things moving. Continue reading at The Bookseller

[ The Bookseller | 2020-08-31 12:07:37 UTC ]
More news stories like this | All news stories tagged with: #remote working #lockdown diaries


This Saturday is Independent Bookstore Day: no better time to stock up on books.

Just a friendly reminder that tomorrow, August 29th, is Independent Bookstore Day. This year, the festivities will be both online and in-person at 600+ local bookstores around the country, starting tonight with a conversation between Mary Norris and Ann Goldstein about Elena Ferrante’s The Lying... Continue reading at Literrary Hub

[ Literrary Hub | 2020-08-28 17:01:59 UTC ]
More news stories like this | All news stories tagged with: #independent bookstore #lying life #elena ferrante #ann goldstein #august 29th #friendly reminder


Powell’s Books will stop selling books through Amazon due to its “detrimental impact” on stores.

With this year’s Independent Bookstore Day occurring at a particularly rough time for booksellers, the iconic Powell’s Books in Portland has decided to make a statement and stop selling through Amazon. In a statement, owner Emily Powell notes that the occasion, this year, feels “especially... Continue reading at Literrary Hub

[ Literrary Hub | 2020-08-27 19:29:44 UTC ]
More news stories like this | All news stories tagged with: #independent bookstore #stop selling


Icon Books scoops Mulhall's 'terrifying and timely' fascism examination

Icon Books is set to publish Dr Joe Mulhall’s The Global Far Right: Its Rise and Our Future next year. Continue reading at The Bookseller

[ The Bookseller | 2020-08-20 22:57:23 UTC ]
More news stories like this | All news stories tagged with: #icon books


LeBron Wrote a Children’s Book and It’s Selling Really Well

In “I Promise,” LeBron James and the illustrator Nina Mata give hope to kids when they need it most. Continue reading at The New York Times

[ The New York Times | 2020-08-20 09:00:01 UTC ]
More news stories like this | All news stories tagged with: #children’s book #lebron james


It’s Time for Disabled Writers to Tell Their Own Stories

Alice Wong’s work as an activist, podcaster, writer, qualitative researcher, and editor is on full display in her new anthology Disability Visibility: First Person Stories from the Twenty-First Century. Her new anthology is an extension of the projects she’s become known when it comes to always... Continue reading at Electric Literature

[ Electric Literature | 2020-08-19 11:00:00 UTC ]
More news stories like this | All news stories tagged with: #anthology #electric literature #full display #alice wong


Diane Cook’s ‘The New Wilderness’ is accidentally timely but also timeless

The novel, about a family that gives up modern conveniences to live in the woods, is a brutal, beguiling fairy tale about humanity. Continue reading at The Washington Post

[ The Washington Post | 2020-08-17 16:10:42 UTC ]
More news stories like this | All news stories tagged with: #diane cook


Warner Bros TV buys rights to Cook's Booker-longlisted novel

Warner Bros TV has acquired TV rights to Diane Cook's Booker-longlisted novel The New Wilderness, published this week by Oneworld.  Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 05:38:11 UTC ]
More news stories like this | All news stories tagged with: #diane cook


LinkedIn Sells SlideShare to Scribd

LinkedIn offloaded presentation-sharing service SlideShare to ebook and audiobook platform Scribd for an undisclosed price. The professional network acquired SlideShare for $118.75 million in May 2012. Scribd will begin operating SlideShare Sept. 24, managing accounts and content, and Scribd... Continue reading at AdWeek

[ AdWeek | 2020-08-12 14:55:00 UTC ]
More news stories like this | All news stories tagged with: #audiobook #privacy policy #general terms #undisclosed price