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 ]
Bookful's Benny Arbel explains how AR technology can help children engage with stories and information. Continue reading at The Bookseller
[ The Bookseller | 2018-11-29 00:00:00 UTC ]
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Vintage is reissuing Fletcher Knebel’s 1965 novel Night of Camp David, asking “What would happen if the president of the USA went stark-raving mad?”. Continue reading at The Bookseller
[ The Bookseller | 2018-11-28 00:00:00 UTC ]
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In her new book, president of Proverbs 31 Ministries and bestselling author of ‘Uninvited’ Lysa TerKeurst delves into the recent pain of her husband’s infidelity, a cancer diagnosis, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-28 00:00:00 UTC ]
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Legend Press has snapped up Ana Johns' "beautiful" time-slip novel, The Woman in the White Kimono, billed as “competition for Memoirs of a Geisha”. Continue reading at The Bookseller
[ The Bookseller | 2018-11-23 00:00:00 UTC ]
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On a recent morning, chefs David McMillan and Frédéric Morin sat at Chateau Marmont, the swank hotel on the Sunset Strip, to talk about their new book, “Joe Beef: Surviving the Apocalypse, Another Cookbook of Sorts.” It is a sequel to their debut cookbook, which they also wrote with Meredith... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-11-23 00:00:00 UTC ]
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Italian director Saverio Costanzo spoke with Fast Company about the challenge of adapting the first novel in the Neapolitan series (as a man, no less). In 2007, Italian director Saverio Costanzo wrote to the publisher of Elena Ferrante’s novella The Lost Daughter and asked if he could option the... Continue reading at Fast Company
[ Fast Company | 2018-11-23 00:00:00 UTC ]
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It's been a year since we've surveyed our audience about the state of brand safety in digital media. Since then, marketers, publishers, social platforms and tech providers have worked overtime to help brands avoid unfortunate adjacencies. Complete the survey and you'll receive a $5 Starbucks... Continue reading at Digiday
[ Digiday | 2018-11-17 00:00:00 UTC ]
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The author spoke out at the National Book Awards against the rise of "nationalism and racism" in politics. Continue reading at BBC News
[ BBC News | 2018-11-15 00:00:00 UTC ]
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After entering the fiction market in 2005 with the launch of its Pyr science fiction imprint, Prometheus has sold that imprint and another one to return to its original focus: nonfiction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-12 00:00:00 UTC ]
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Media and publishing giant Meredith Corp. says it is selling its Fortune brand for $150 million in cash Continue reading at ABC News
[ ABC News | 2018-11-10 00:00:00 UTC ]
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Meredith Corp. agreed to sell Fortune magazine and its related businesses for $150 million, furthering the company’s efforts to shed the news-focused brands it acquired in buying Time Inc. The buyer... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2018-11-09 00:00:00 UTC ]
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Christopher Lehmann-Haupt in 1979. Readers and colleagues called him a judicious, authoritative voice on fiction and a seemingly boundless array of subjects, from Persian archaeology to fly fishing. Continue reading at The New York Times
[ The New York Times | 2018-11-08 00:00:00 UTC ]
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In ‘Why Religion,’ Princeton religion professor Elaine Pagels searches for meaning, hope, and courage following the death of her young son as well as her husband one year later. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-08 00:00:00 UTC ]
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Toronto-based Kids Can Press reports strong international interest at Frankfurter Buchmesse for the publisher's issue-driven list of upcoming titles. The post Canada’s Kids Can Press Finds Rights Interest in Timely Titles at Frankfurt appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-11-06 00:00:00 UTC ]
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Writer and translator Emily Ruth Ford has become the first person to win the £1,000 V S Pritchett Short Story Prize twice. Continue reading at The Bookseller
[ The Bookseller | 2018-11-01 00:00:00 UTC ]
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Ferrari fever burns on. Four months after a 1962 Ferrari 250 GTO sold for $48 million at an RM Sotheby’s auction in Monterey — the highest price ever paid for a car at auction — a race car from the Ferrari history books may set a new Southern California high-water mark. On Dec. 8, a rare 1956... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-10-19 00:00:00 UTC ]
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Over the last five years, the North American graphic novel market has welcomed a wave of new readers. At NYCC 2018, a group of comics professionals focused on identifying some of the consumer and cultural trends driving this growth. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-19 00:00:00 UTC ]
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The $12.99/month package bundles online access to the Times with nearly unlimited ebooks, audiobooks, and other material from Scribd. With 3.8 million subscribers–2.9 million paying just for digital access–The New York Times has been one of the early success stories for paywalls, which partly or... Continue reading at Fast Company
[ Fast Company | 2018-10-17 00:00:00 UTC ]
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Scribd is partnering with the 'New York Times' to offer a joint subscription for $12.99 that will include full digital access to the 'New York Times' in addition to Scribd's inventory of books, audiobooks, newspapers, and magazines. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-17 00:00:00 UTC ]
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