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 ]
Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device; sign up here. Walmart removes pro-gun T-shirt listings Walmart has removed T-shirts with pro-gun slogans from its website... Continue reading at Advertising Age
[ Advertising Age | 2019-08-13 10:25:56 UTC ]
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The NBA is kicking the tires on a new scheduling initiative designed to give East Coast hoops fans a reprieve from having to stay up until the wee hours of the morning to keep tabs on the league’s Western Conference superstars. Beginning this season, the NBA is slashing the number of nationally... Continue reading at Advertising Age
[ Advertising Age | 2019-08-13 10:00:00 UTC ]
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Author Elaine Kendall was a longtime book critic for the Los Angeles Times. She died in Montecito at age 91. Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-08-12 22:46:20 UTC ]
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Verizon started looking to offload Tumblr since at least May. Now it's found a taker. Automattic Inc., the software company behind the online publishing platform WordPress, has agreed to scoop up the blogging platform both companies said Monday afternoon. Terms of the deal were not disclosed.... Continue reading at AdWeek
[ AdWeek | 2019-08-12 21:22:39 UTC ]
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#online publishing
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Penguin Books UK is publishing all four of J D Salinger’s works as e-books for the first time, as part of celebrations marking the centenary of his birth. Continue reading at The Bookseller
[ The Bookseller | 2019-08-12 05:42:10 UTC ]
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Adam Kay's This is Going to Hurt (Picador) is now dizzingly close to a Weekly E-Book Ranking chart record no-one could have predicted, as it claims its 18th weekly number one. Continue reading at The Bookseller
[ The Bookseller | 2019-08-02 05:52:23 UTC ]
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PW caught up with Spanish wellness expert Corbera to discuss his latest book, 'Encuentros con mi alma' ('Encounters with my soul'). The book is published by Grano de Mostaza and distributed in the U.S. by Spanish Publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-02 04:00:00 UTC ]
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The Amazon review for my debut novel was glowing, including words like “compelling” and “fun.” And then there was this: “If you love historical fiction, you’ll love The Last Book Party.” Say what? How could my novel, which is set during the 1980s—a decade of my own youth—be historical fiction?... Continue reading at Electric Literature
[ Electric Literature | 2019-08-01 11:00:53 UTC ]
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In an era of smartphone addiction, a single-purpose device like an e-reader may help you unplug and focus on content that will bring you joy. Continue reading at The New York Times
[ The New York Times | 2019-08-01 09:03:32 UTC ]
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#kindle
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Two hundred years ago, Herman Melville was born and the course of American literary history changed forever. In celebration of the author’s bicentennial, Chronicle Books published Moby-Dick: A Pop-Up Book from the Novel by Herman Melville, which shows ten key moments from the story in... Continue reading at Literrary Hub
[ Literrary Hub | 2019-08-01 08:48:17 UTC ]
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#herman melville
A San Diego Comic-Con attendee meets George Takei and discusses the impact he and his graphic memoir had on this reader's outlook and activism. Continue reading at Book Riot
[ Book Riot | 2019-07-31 10:39:38 UTC ]
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The Manson girls drift their way through the new movie ONCE UPON A TIME IN HOLLYWOOD. These books help provide more context on who they really were. Continue reading at Book Riot
[ Book Riot | 2019-07-31 10:37:36 UTC ]
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The 2019 Sunday Times Audible Short Story Award shortlist is dominated by Irish authors with former winner and Booker Prize longlistee Kevin Barry and relative newcomers Danielle McLaughlin and Louise Kennedy in the running for the £30,000 prize. Continue reading at The Bookseller
[ The Bookseller | 2019-07-29 11:15:23 UTC ]
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The romance genre has all but disappeared from films, so now several cable and streaming outlets have claimed it for themselves. The latest to jump on board is Amazon Prime Video. The streaming service will soon air Modern Love, a new anthology series debuting Oct. 18 that features eight... Continue reading at AdWeek
[ AdWeek | 2019-07-28 00:59:10 UTC ]
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Amazon has struck a deal with The Trade Desk and Dataxu, two sources of online advertising, to deliver commercials to Fire TV. On Friday, Amazon announced the new arrangement developed for media companies that stream video on Fire TV. The video publishers can now set up what are known as... Continue reading at Advertising Age
[ Advertising Age | 2019-07-27 00:05:42 UTC ]
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#living rooms
[caption id="attachment_162887" align="alignright" width="150"] Dana Rosen[/caption] Time named Dana Rosen as its new chief legal officer, effective July 29. As CLO—which CEO and editor-in-chief Edward Felsenthal identified in a statement as a top priority position to fill since the magazine... Continue reading at Folio Magazine
[ Folio Magazine | 2019-07-25 18:40:50 UTC ]
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The New York Times books section today featured a lovely profile by J. D. Biersdorfer of Birchbark Books & Native Arts, the Minneapolis bookstore owned by National Book Award-winning writer Louise Erdrich which provides indigenous-language guides, literature and crafts, alongside the latest... Continue reading at Literrary Hub
[ Literrary Hub | 2019-07-25 17:50:55 UTC ]
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Bluemoose Books has sold Ronan Hession’s debut Leonard and Hungry Paul to Melville House in America following a three-way auction. Continue reading at The Bookseller
[ The Bookseller | 2019-07-24 14:13:37 UTC ]
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When I took my copy of Lemony Snicket’s The Carnivorous Carnival up to the check-out line at Barnes and Noble, the cashier flipped through the book and paused. She was sorry, she said, after a couple more puzzled page flips. There appeared to be a misprint. She called an employee in the kid’s... Continue reading at Electric Literature
[ Electric Literature | 2019-07-24 11:00:17 UTC ]
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