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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‘It’s been tight for us’: Why local media company Spirited Media ran out of time

The local news publisher couldn't find enough takers to complete a $1.5 million Series B round of funding. The post ‘It’s been tight for us’: Why local media company Spirited Media ran out of time appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-03-07 00:00:00 UTC ]
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Los Angeles Times Announces Lineup for 24th Annual Festival of Books

The festival, taking place April 13-14 at USC, will feature hundreds of authors, experts and storytellers, including Karamo Brown, Chelsea Clinton, Valerie Jarrett, Erica Jong, Kiese Laymon and Don Winslow The Los Angeles Times today announced the lineup for the Festival of Books, the nation’s... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-07 00:00:00 UTC ]
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Mike Trout is not ruling out contract talks with the Angels

Mike Trout is not setting parameters for any potential negotiations between himself and the Angels. The All-Star outfielder said Friday morning, some 18 hours after the Philadelphia Phillies agreed to sign free agent Bryce Harper to a 13-year, $330-million contract, that, in an ideal world, he... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-02 00:00:00 UTC ]
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London Briefcase 2019: What U.S. Agencies Will Be Selling at the London Book Fair

PW's London Briefcase highlights top titles that publishers will be touting at this year's London Book Fair, set for March 12-14 at Olympia London. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-01 00:00:00 UTC ]
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Talking Pictures Winners Named

The New York Rights Fair has announced the winners and honorees in the “Talking Pictures: Selected Books” program; awards were given in five categories for excellence in book design, including children’s picture books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-28 00:00:00 UTC ]
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Cape unveils Briggs' long-awaited collection Time for Lights Out

Jonathan Cape will publish Raymond Briggs' long-awaited Time for Lights Out in November, 13 years after the illustrator and author started work on the book about age and death. Continue reading at The Bookseller

[ The Bookseller | 2019-02-27 00:00:00 UTC ]
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Matriarchs on Par with Patriarchs: PW Talks to Debbie Blue

In ‘Consider the Women,’ Debbie Blue is challenging traditional male interpretations of the biblical stories of Hagar, the mother of Islam, Esther, the heroine of Judaism, and Mary, the mother of Jesus. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-27 00:00:00 UTC ]
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Faith Visits the Dreamside: PW Talks with Jody Houser and M.J. Kim

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[ Publishers Weekly | 2019-02-26 00:00:00 UTC ]
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YouTube’s brand-safety woes give publishers a boost in selling video ads directly

To avoid brand-safety issues, agencies are increasingly buying premium publisher audiences directly on YouTube. The post YouTube’s brand-safety woes give publishers a boost in selling video ads directly appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-02-25 00:00:00 UTC ]
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Want to take control of your digital life? Start with reclaiming leisure time

You can’t take control of your digital life if you aren’t intentional about how you spend your time, argues Cal Newport. In his Nicomachean Ethics, compiled in the fourth century BC, Aristotle tackles a question as urgent then as it is today: How does one live a good life? The Ethics divides its... Continue reading at Fast Company

[ Fast Company | 2019-02-25 00:00:00 UTC ]
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Despite Selling Millions of Books, Novelist Nick Hornby Still Can’t Tell if He’s Good Enough

With Fever Pitch, About a Boy, and High Fidelity, Nick Hornby created a niche penning romantic comedies from the male perspective and launching the crush-worthy careers of Hugh Grant, Colin Firth, and John Cusack on both sides of the pond. Then he went on to prove that he can deftly embody a... Continue reading at Slate

[ Slate | 2019-02-23 00:00:00 UTC ]
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New York Times publisher responds to president's 'public enemy' tweet

In presidential tweet news, this happened Wednesday: Trump didn't get specific about the "false" reporting, but it seems likely that he saw the print edition of this morning's New York Times with... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-02-21 00:00:00 UTC ]
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Millennials, Modernization, and the Mormon Church: PW Talks to Jana Riess

Religion columnist Riess explores how changing behaviors and a ‘crisis of belief’ among millennials is impacting the LDS Church in her new book, ‘The Next Mormons.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-20 00:00:00 UTC ]
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'Comics Will Break Your Heart': PW Talks with Faith Erin Hicks

Eisner Award-winning comics artist Faith Erin Hicks’ first work of young adult prose, 'Comics Will Break Your Heart,' is named after a quote by legendary superhero artist Jack Kirby. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-20 00:00:00 UTC ]
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Egypt Turns Back Veteran New York Times Reporter

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[ The New York Times | 2019-02-19 00:00:00 UTC ]
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Beacon Nabs New Book by Its Fastest-Selling Author

Beacon Press has announced plans to release a new work by Robin DiAngelo, whose 2018 book 'White Fragility' has become the fastest-selling book in the house's history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
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Graphic novel wins Society of Authors Translation Prize for first time

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[ The Bookseller | 2019-02-14 00:00:00 UTC ]
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Eyes Open to the World: PW Talks to Nicholas Wolterstorff

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[ Publishers Weekly | 2019-02-11 00:00:00 UTC ]
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How early NASA inspired the women of Kate Mascarenhas’ ‘Psychology of Time Travel’

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[ Los Angeles Times | 2019-02-09 00:00:00 UTC ]
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After Plagiarism Claims, Ex-Times Editor Says Her Book ‘Will Be Fixed’

Jill Abramson responded to plagiarism accusations about her latest book, “Merchants of Truth,” by saying errors were unintentional. Continue reading at The New York Times

[ The New York Times | 2019-02-08 00:00:00 UTC ]
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