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 Publishers Association has welcomed a judge's decision ruling that digital versions of the Times and Sunday Times should be subject to a zero-rate of VAT, saying it supports the central message of the Axe the Reading Tax campaign. Continue reading at The Bookseller
[ The Bookseller | 2020-01-07 04:06:09 UTC ]
More news stories like this | All news stories tagged with:
#publishers association
#central message
#digital versions
Yes, much of it looks at how we will survive the apocalypse. But we also have the more hopeful genre of solarpunk Continue reading at The Washington Post
[ The Washington Post | 2020-01-06 23:50:02 UTC ]
More news stories like this | All news stories tagged with:
#science fiction
Mary Webber O'Malley of Anderson's Bookshop in Naperville, Ill., recommends 'The Roxy Letters' by Mary Pauline Lowry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-06 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#bookshop
#roxy letters
For most publishers, digital success in 2020 won’t be about new trends or technology. Instead it will be about focus, prioritization, and finally executing properly on digital media fundamentals. This article covers the first five fundamentals that I believe every publisher must execute on this... Continue reading at Publishing Executive
[ Publishing Executive | 2020-01-03 13:30:50 UTC ]
More news stories like this | All news stories tagged with:
#digital media
Boris Kachka, whose tenure as books editor at 'New York' magazine saw the publication experiment with tripling its book coverage, will succeed former books editor Carolyn Kellogg at the 'Los Angeles Times.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-03 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#books editor
#book coverage
In a December 18 letter, lawyers for Barnes & Noble informed the court that the parties “are now prepared to proceed with a settlement conference,” which is scheduled for January 27 before magistrate judge Gabriel Gorenstein. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-01 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#settlement conference
#defamation case
According to NPD Bookscan—not perfect, as we all know, but the best the industry’s got—the best-selling book of the last decade in the United States was . . . well, I’m sure you guessed it before you ever clicked here. It was E. L. James publishing phenomenon Fifty Shades of Grey, which which... Continue reading at Literrary Hub
[ Literrary Hub | 2019-12-20 15:04:49 UTC ]
More news stories like this | All news stories tagged with:
#best-selling book
L.A. Times Book Club's 2020 lineup also includes 'American Dirt' and 'From Our Land to Our Land.' Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-12-20 15:00:03 UTC ]
More news stories like this | All news stories tagged with:
#times book
#american dirt
#briefly gorgeous
#ocean vuong
The only actor to appear in every film of the Skywalker saga reflects on his experience in the book “I Am C-3PO: The Inside Story.” Continue reading at The Washington Post
[ The Washington Post | 2019-12-20 13:00:00 UTC ]
More news stories like this | All news stories tagged with:
#memoir
#inside story
#star wars
[caption id="attachment_175627" align="alignright" width="150"] Kristen O'Hara[/caption] Hearst Magazines has named Kristen O’Hara senior vice president and chief business officer, a new position created as part of a succession plan for longtime president, marketing and publishing director,... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-19 19:09:52 UTC ]
More news stories like this | All news stories tagged with:
#hearst
#staff writer
#american life
#mother jones
U.K.-based publisher Pearson is selling its last shares in Penguin Random House, representing 25% ownership of the company, to Germany's Bertelsmann, which will now have 100% ownership of the company. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#pearson
In his new role as chair of the Book Industry Study Group, industry vet Andrew Savikas discusses the challenges and opportunities facing publishers in an age of rapidly evolving technology. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#book industry
Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year. Continue reading at The Bookseller
[ The Bookseller | 2019-12-18 01:20:40 UTC ]
More news stories like this | All news stories tagged with:
#pearson
#penguin random house
The unfinished illustrations in the book are themselves an act of optimism, encouraging children to imagine a world without lines others create for them. “Children teach us,” writes Ai-Jen Poo, cofounder of Families Belong Together, a coalition of close to 250 organizations working to end family... Continue reading at Fast Company
[ Fast Company | 2019-12-17 12:30:49 UTC ]
More news stories like this | All news stories tagged with:
#coloring book
#book published
#power dynamics
#family separation
Gregory Boyle, founder of Homeboy Industries, shared "Barking to the Choir" with the L.A. Times Book Club. Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-12-17 03:46:56 UTC ]
More news stories like this | All news stories tagged with:
#times book
#gregory boyle
Puffin will publish Brown Girl Dreaming, the multi-award winning memoir told in verse by author Jacqueline Woodson. Continue reading at The Bookseller
[ The Bookseller | 2019-12-15 18:04:41 UTC ]
More news stories like this | All news stories tagged with:
#puffin
#memoir
Guy LeCharles Gonzalez argues that everyone would benefit from a collaborative, good-faith, and transparent effort to effectively measure the impact of libraries on book discovery, author brand development, and consumer sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-13 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#libraries
#book discovery
[caption id="attachment_175473" align="alignright" width="150"] David Carey[/caption] David Carey, the former president of Hearst Magazines from 2010 to 2018, is returning to the company as SVP of public affairs and communications, effective January 2, Hearst announced Wednesday. Carey returns... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-12 19:55:16 UTC ]
More news stories like this | All news stories tagged with:
#hearst
#senior editors
#project lead
#senior producer
#executive producer
#creative director
Now more than ever, the publishing industry finds itself on a quest for more effective ways to make money. For the past few years, the industry has been working through a regular cycle of taglines and keywords: ‘metered models,’ ‘memberships,’ ‘registration paywalls,’ dynamic paywalls,’ and so... Continue reading at Publishing Executive
[ Publishing Executive | 2019-12-11 16:35:15 UTC ]
More news stories like this | All news stories tagged with:
#publishing industry
#make money
#effective ways
#sell content
With over four decades of experience in the book business, publisher of St. Martin's Essentials Joel Fotinos reflects on changes and growth in mind-body-spirit publishing and where the category is headed in the future. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-10 05:00:00 UTC ]
More news stories like this | All news stories tagged with:
#book business
#joel fotinos