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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Gratitude as a Way of Life: PW Talks with Galen Guengerich

Guengerich, a senior minister at New York City’s Unitarian Church of All Souls, sets out to create a modern template for spirituality based on gratitude in 'The Way of Gratitude: A New Spirituality for Today' (Random House, June). Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-20 04:00:00 UTC ]
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Penguin Life acquire ‘timely and important’ book about mental health in sport

Penguin Life will publish a "timely and important" book about mental health in sport by Gary Bloom titled Head in the Game.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 22:31:22 UTC ]
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Haven’t read War and Peace? Now’s the time to join Yiyun Li’s free virtual book club.

If you’re feeling alone and listless, or even if you simply have a few extra hours a week all of a sudden, I’ve got some good news for you. Starting tomorrow, Wednesday, March 18, brilliant novelist Yiyun Li will be leading a virtual book club in reading Tolstoy’s War and Peace—a book that many... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-17 15:11:40 UTC ]
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Black Girl Genius: Talking with Devin Grayson and Alitha Martinez

The creators of Humanoids’ new graphic novel ‘Omni: The Doctor Is In’, a hybrid medical mystery/paranormal thriller, talk with PW about creating a contemporary black female genius superhero. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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The Second Coming of ‘Second Coming’: PW Talks with Mark Russell

PW talks to comics writer Mark Russell about his controversial graphic novel 'Second Coming' (with art by Richard Pace), the story of Jesus Christ returning to earth, this time with Earth's mightiest superhero as his roommate. The trade paperback collection was published this month by Ahoy Comics. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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'It's time to pull together', BA urges trade to support high street bookselling

The Booksellers Association is calling on customers and the trade to rally behind retailers and support bookshops, as the coronavirus outbreak hits the high street.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 03:39:11 UTC ]
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Editor’s Note: Literary Community in a Time of Global Pandemic

We are at the beginning of a frightening and difficult time in America. Though we glimpse—in the overflowing hospitals of Milan, the shuttered plazas of Madrid—that which may come to pass, it is impossible to know just how hard hit the United States will be by the novel coronavirus. This nation... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-16 14:00:35 UTC ]
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Our New Spring Magazine Is Out: Publishing in Times of Crisis

Editorial: International publishing can focus on its own obstacles and setbacks. Or it can ask how to put its best creativity into the hands of a world that needs it. The post Our New Spring Magazine Is Out: Publishing in Times of Crisis appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-13 11:30:19 UTC ]
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Europa sells Ferrante's Lying Life audio to PRH

Europa Editions has sold world English language audio rights to Elena Ferrante's latest novel to Penguin Random House Audio.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 09:15:04 UTC ]
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Time for Publishers to Broaden Their View

A multicultural marketing expert says publishers need a better understanding of people of color’s interests. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-13 04:00:00 UTC ]
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Great Expectations: PW Talks with Pippa Park

We sat down for a one-on-one chat with Pippa Park, the heroine of Erin Yun's debut middle-grade novel, Pippa Park Raises Her Game. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-13 04:00:00 UTC ]
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New York Times Magazine’s Pages Come to Digital Life Through Google Partnership

The New York Times Magazine will come to life this weekend in a whole new way. In partnership with Google Lens, smartphone users will be able to access additional information online that corresponds to the print version of the magazine. Readers who hover their smartphones over many of the pages... Continue reading at AdWeek

[ AdWeek | 2020-03-12 13:50:26 UTC ]
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Breathing New Life into Old Books: PW Talks with 'The Booksellers' Director D.W. Young

We spoke to the director of a new documentary on the world of antiquarian bookselling about how the movie came about, what the future of the rare book world looks like to him, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-12 04:00:00 UTC ]
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Deep cleaning at HarperCollins' News UK building as Times coronavirus case confirmed

Deep cleaning is being ramped up at the News UK building, home of HarperCollins, after an employee of the Times tested positive for the coronavirus. Continue reading at The Bookseller

[ The Bookseller | 2020-03-11 20:24:36 UTC ]
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Human rights lawyer's Parting Words sweeps through Europe

Sphere has done a string of "major" international rights deals for a memoir by human rights lawer Benjamin Ferencz, Parting Words, including a pre-empt in Germany. Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 23:17:05 UTC ]
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In a time of crisis, poetry can help focus our fears and transform ‘noise into music’

These days, many elegiac poems have an unwelcome resonance — and yet offer solace, too. Continue reading at The Washington Post

[ The Washington Post | 2020-03-10 16:00:00 UTC ]
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Cowell, Barr and Hannah to take part in Independent Bookshop Week

Authors including Cressida Cowell, Damian Barr and Sophie Hannah will take part in Independent Bookshop Week (IBW).  Continue reading at The Bookseller

[ The Bookseller | 2020-03-05 23:53:15 UTC ]
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ViacomCBS looking to sell book publisher Simon & Schuster

ViacomCBS, fresh off a recent merger, is looking to sell its Simon & Schuster book publishing business Continue reading at ABC News

[ ABC News | 2020-03-04 18:09:45 UTC ]
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Reidy to Staff: ViacomCBS Is Looking to Sell Simon & Schuster

Following the reunification of Viacom and CBS, Simon & Schuster's chief Carolyn Reidy tells the staff that its parent company will explore seelling The post Reidy to Staff: ViacomCBS Is Looking to Sell Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-04 17:27:00 UTC ]
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ViacomCBS Is Looking to Sell S&S

Nearly three months to the day after the completion of the ViacomCBS merger, the mass media company has indicated its intentions to sell Simon & Schuster, one of the U.S.'s Big Five publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-04 05:00:00 UTC ]
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