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 ]
We asked editors about the ways teen literature is expanding to reflect today’s world, with topical themes, diverse representation, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-17 04:00:00 UTC ]
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The Sunday Times Top 100 Crime List has come under fire, after women made up just a third of the listed novels. Continue reading at The Bookseller
[ The Bookseller | 2019-05-16 00:00:00 UTC ]
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Cultural critic Damon Young discusses his memoir ‘What Doesn’t Kill You Makes You Blacker,’ and its goal of filling gaps in racial perceptions. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2019-05-16 00:00:00 UTC ]
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Set in the 1920s and ’30s, the works of Dornford Yates feature witty crime-fighters zipping around Europe. Continue reading at The Washington Post
[ The Washington Post | 2019-05-15 16:32:00 UTC ]
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The Toronto Comic Arts Festival, an international show of indie comics and graphic novels, was held May 11 and 12 at the Toronto Reference Library, and honored acclaimed manga artists Junji Ito and Hiromi Takashima; PW also interviewed Oni Press publisher James Lucas Jones about the recent... Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-15 04:00:00 UTC ]
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Hodder & Stoughton has scooped two novels from debut author and Times fashion editor Harriet Walker. Continue reading at The Bookseller
[ The Bookseller | 2019-05-15 00:00:00 UTC ]
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Husband and wife Sir Michael Moritz and Harriet Heyman are among the 50 wealthiest individuals or families in the UK, worth £3bn, according to the Sunday Times Rich List. Continue reading at The Bookseller
[ The Bookseller | 2019-05-14 00:00:00 UTC ]
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Authors Carys Davies and Kit de Waal will be among the judges for this year’s Sunday Times Short Story Award, which this year is sponsored for the first time by Audible. Continue reading at The Bookseller
[ The Bookseller | 2019-05-13 00:00:00 UTC ]
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A shop in Brixton only sells books featuring black, Asian or minority ethnic (BAME) protagonists. Continue reading at BBC News
[ BBC News | 2019-05-11 00:00:00 UTC ]
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Harry Potter digital business Pottermore and movie studio Warner Bros have set up a joint venture to “widen and deepen” how they exploit the franchise online. Continue reading at The Bookseller
[ The Bookseller | 2019-05-11 00:00:00 UTC ]
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D.L. Miller's illustrated BigFoot books bring some of the world's most amazing places home to young readers. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-10 04:00:00 UTC ]
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It takes a village to raise a child—and to create a successful bookstore, if the experience of booksellers Hilary and Mike Gustafson is any indication. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-10 00:00:00 UTC ]
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In 2017, after a long history of running BookExpo as a three-day show, Reed Exhibitions shortened the period when the exhibit floor was open to two days. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-10 00:00:00 UTC ]
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For Cindy Heidemann, a field sales representative for Publishers Group West and Two Rivers (part of Ingram Publisher Services), reps are “enablers.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-10 00:00:00 UTC ]
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The academic book trade must “work together in these turbulent times”, in the face of Brexit, political turmoil and the impact of the Teaching Excellence Framework, the Academic Book Trade Conference was told. Continue reading at The Bookseller
[ The Bookseller | 2019-05-10 00:00:00 UTC ]
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HarperCollins’ BAME traineeship, set up to help address underrepresentation in the company and in the wider trade, is open for applications for the fourth year running. Continue reading at The Bookseller
[ The Bookseller | 2019-05-09 00:00:00 UTC ]
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Highlights has sold its trade book publishing arm to Kane Press, effective immediately. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-02 04:00:00 UTC ]
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Reading charity BookTrust will give 700,000 copies of Rob Hodgson’s The Cave (Frances Lincoln Children’s Books) to school starters in England as part of its Time to Read campaign. Continue reading at The Bookseller
[ The Bookseller | 2019-05-02 00:00:00 UTC ]
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Welcome to Day 1 of the Digital Content NewFronts. Ad Age’s Jeanine Poggi, Ilyse Liffreing and Garett Sloane will be live-blogging the week-long dog-and-pony show where digital publishers, from YouTube and Twitter to Condé Nast and Meredith, are presenting buzzy new content and ad products to... Continue reading at Advertising Age
[ Advertising Age | 2019-04-29 00:00:00 UTC ]
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New Atlantic Independent Booksellers Association members gathered in Baltimore on April 25 for discussions about bookseller education, health care, and finances for independent bookstores across the region. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-04-29 00:00:00 UTC ]
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