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 ]
ViacomCBS is planning to sell Simon & Schuster, it was announced today (4th March). Continue reading at The Bookseller
[ The Bookseller | 2020-03-03 20:59:41 UTC ]
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Cartoonist Noah Van Sciver and Fantagraphics have teamed up to publish 'The Complete Works of Fante Bukowski', a hardcover compilation, and tongue-in-cheek tribute, to the self-proclaimed literary genius. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-03 05:00:00 UTC ]
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Amazon's latest Kindle and Kindle Paperwhite are back down to their lowest prices since Black Friday. The newest Kindle Paperwhite is now $85, instead of the usual $130, while the latest standard Kindle is $60, instead of the usual list price of $90.... Continue reading at Engadget
[ Engadget | 2020-03-02 13:55:00 UTC ]
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A bookseller fights the urge to require parents to check their cell phones at the door during story time. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-02 13:00:00 UTC ]
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The real question at the heart of this novel is how a woman is supposed to prepare for the apocalypse when everyday life is so maddening. Continue reading at The Washington Post
[ The Washington Post | 2020-02-27 22:49:38 UTC ]
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The New York Times Book Review has announced that their poetry columnist of the last 15 years, David Orr, is stepping down to focus on his own writing, and will be replaced by Elisa Gabbert. Elisa Gabbert’s The Word Pretty (2018) was a New York Times Editors’ Pick, and The Self Unstable... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-27 21:32:22 UTC ]
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His literary fantasies and larger-than-life exploits swirled together for decades. He wrote some 70 books, selling no fewer than 100 million copies, and located scores of shipwrecks. Continue reading at The New York Times
[ The New York Times | 2020-02-26 17:57:43 UTC ]
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Digital Media Solutions, a Clearwater based company, has hired its first ever female chief marketing officer. Kathy Bryan has been hired for the CMO position, rising from a previous role within the company's marketing department. “Kathy Bryan represents everything DMS stands for,” DMS CEO... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-02-26 11:44:07 UTC ]
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In this episode of Reading Women, Kendra talks with Nicole Chung about the anthology she co-edited, A Map Is Only One Story out now from Catapult. From the episode: Kendra: Today, I’m talking to Nicole Chung, the editor in chief of Catapult Magazine and also one of the co-editors of the... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-26 09:47:43 UTC ]
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The emerging left media—currently spread across the digital media landscape—are uniting to deliver an alternative to corporate, centrist news and entertainment. Sitting in a small Bronx apartment back in early 2018, it would be difficult to picture the world today. As Naomi Burton and Nick Hayes... Continue reading at Fast Company
[ Fast Company | 2020-02-26 07:00:23 UTC ]
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The viral ELLE.com columnist just released “Here for It,” his first book of essays. Continue reading at The Washington Post
[ The Washington Post | 2020-02-24 15:35:17 UTC ]
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The viral ELLE.com columnist just released “Here for It,” his first book of essays. Continue reading at The Washington Post
[ The Washington Post | 2020-02-24 15:35:17 UTC ]
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Bestselling author and screenwriter David Nicholls has joined the Sunday Times Audible Short Story Award 2020 judging panel. Continue reading at The Bookseller
[ The Bookseller | 2020-02-23 22:37:04 UTC ]
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Every assistant sifting through the slush pile, dreaming of selling their own novel, can now focus on the tale of Zakiya Harris, a former assistant editor who just sold her debut to Atria in a seven-figure deal. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Every assistant sifting through the slush pile, dreaming of selling their own novel, can now focus on the tale of Zakiya Harris, a former assistant editor who just sold her debut to Atria in a seven-figure deal. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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It’s an exciting year for the Los Angeles Times Book Prizes! This will be its 40th year of celebrating the literary community. The Times announced their 2019 Book Prize finalists today; the winners will be announced at a ceremony in Los Angeles on April 17th. Additionally, bestselling crime... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-19 17:41:26 UTC ]
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The 2019 Los Angeles Times Book Prizes honor crime novelist Walter Mosley for lifetime achievement. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-02-19 14:00:25 UTC ]
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Publishing Scotland names its latest round of translation grants. And the Frankfurt Book Fair's Literary Agents and Scouts Center is sold out. The post Publishing Scotland Funds 14 Translations; Frankfurt’s LitAg Sells Out appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-02-18 16:30:25 UTC ]
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Abrams ComicArts will release a trade paperback edition of Ted Fox's graphic nonfiction work 'Showtime at the Apollo: The Epic Tale of Harlem’s Legendary Theater,' on February 25. The book's comics artist and designer discusses his role in creating the book. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-18 05:00:00 UTC ]
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As we all know, there is only one Valentine and it is every book. Luckily, Harrison Ford talking about how great libraries are is an acceptable human Valentine proxy for all books. Why—besides the fact that you can’t spell”Harrison Ford, you irascible Jedi” without “Library”—is Ford making PSAs... Continue reading at Literrary Hub
[ Literrary Hub | 2020-02-14 14:17:02 UTC ]
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