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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CEO Talk: Sargent on Rowohlt and ‘Fire and Fury’

At Frankfurt's annual CEO Talk, Macmillan CEO John Sargent took questions from journalists on 'Fire and Fury,' Rowohlt, and other topics. The post CEO Talk: Sargent on Rowohlt and ‘Fire and Fury’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-10-11 00:00:00 UTC ]
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Freedom in Turbulent Times: Steinmeier in Frankfurt

The Federal President of Germany, Frank-Walter Steinmeier, visited the Frankfurt Book Fair and spoke with authors on stage about democracy and freedom of speech. The post Freedom in Turbulent Times: Steinmeier in Frankfurt appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-10-11 00:00:00 UTC ]
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Publishers Talk Vulnerabilities and Opportunities on Final Day of Folio: Show

Trying something new isn’t always within the fabric of publishers, especially if they’re unsure of the results. In the final day of the 2018 Folio: Show, speakers highlighted how fighting through these moments of discomfort with a new brand, platform, or strategy can lead to more loyal readers... Continue reading at Folio Magazine

[ Folio Magazine | 2018-10-11 00:00:00 UTC ]
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Publishing Perspectives Talks Thursday: Glukhovsky and Jobava

At 10:30 a.m. daily, join us on the International Stage, Hall 5.1 (A128), for talks on the industry and subscriptions, publishing and politics, and augmented reality at its most practical. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Your Morning Break With Newsmakers hile at... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-10-10 00:00:00 UTC ]
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Rethinking the Bible’s Place: PW talks to Andy Stanley

Mega church pastor Andy Stanley is taking a closer look at the foundation of the Christian faith, reminding readers that the Bible is the product of the church, and not vice versa. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-10 00:00:00 UTC ]
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How 'Bigness' Is Failing America: PW Talks to Tim Wu

In his new book, the acclaimed author of 'The Master Switch: The Rise and Fall of Information Empires,' explains why a return to trust-busting is essential for American democracy. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-10 00:00:00 UTC ]
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Frankfurt Book Fair 2018: Chimamanda Adichie Says It's Time for 'New Storytellers'

At the 2018 Frankfurt Book Fair's opening press conference, the acclaimed Nigerian author called for more "boldness" in storytelling. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-09 00:00:00 UTC ]
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Twenty Five of Our All-Time Favorite Books

From Neal Stephenson's *Crytponomicon*, to N.K. Jemison’s *Broken Earth Trilogy*, WIRED staffers share their personal reading lists. Continue reading at Wired

[ Wired | 2018-10-06 00:00:00 UTC ]
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Indies express dismay as Waterstones starts selling Super Thursday titles early

Independent booksellers have expressed concerns that Waterstones is selling Super Thursday titles ahead of their publication date. Continue reading at The Bookseller

[ The Bookseller | 2018-10-04 00:00:00 UTC ]
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Time magazine owner suggests it shouldn't be a weekly anymore

Time magazine's current owner has some advice for billionaire Marc Benioff and his wife, who are acquiring the iconic publication: Its days as a weekly should probably be over.Meredith Corp., the publisher that agreed to sell Time for $190 million last month, suggests that the title will need an... Continue reading at Advertising Age

[ Advertising Age | 2018-10-04 00:00:00 UTC ]
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Akala, Harris and Cleeves to take part in Book Week Scotland

Joanne Harris, Akala and Ann Cleeves are among the authors who have signed up to take part in this year’s Book Week Scotland. Continue reading at The Bookseller

[ The Bookseller | 2018-10-04 00:00:00 UTC ]
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‘We’re giving them a harder time’: Axel Springer tries to turn up heat on Facebook

Publishers like Axel Springer are giving Facebook a harder time after user trust in Facebook dipped following the Cambridge Analytica scandal. The post ‘We’re giving them a harder time’: Axel Springer tries to turn up heat on Facebook appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-10-02 00:00:00 UTC ]
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Is It Time to Take Advantage of Virtual Events?

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[ Folio Magazine | 2018-10-02 00:00:00 UTC ]
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Harari and Brand kick off new series of outreach Penguin Talks

Yuval Noah Harari is addressing 300 schoolchildren this month on pressing issues facing their generation at a free event hosted by Russell Brand. Continue reading at The Bookseller

[ The Bookseller | 2018-09-22 00:00:00 UTC ]
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Let’s Talk About Sex (and Religion)

They might seem like strange bedfellows, but sex is at the core of religious teachings—and as the culture shifts, so do church teachings and the books about them. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-21 00:00:00 UTC ]
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The Big Titles U.S. Agencies Will Be Selling at the 2018 Frankfurt Book Fair

Among the big titles American agents will be talking up at Frankfurt are a memoir by 'New York Times' photographer Bill Cunningham, a first novel by Jhumpa Lahiri, a middle-grade adaptation of Trevor Noah's 'Born a Crime,' and a new novel by Julie Orringer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-21 00:00:00 UTC ]
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Who Was William Cooper? The Man Behind One of the Most Controversial Books of Our Time

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[ Publishers Weekly | 2018-09-21 00:00:00 UTC ]
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Publishing in Québec 2018: Good Times for English-Language Publishing

"There was a time when there were few English-language publishers here in Québec," says Linda Leith, president of the Association of English-language Publishers of Québec. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-21 00:00:00 UTC ]
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Black Girls' Book Club talks brunch, booze and books

We spoke to Melissa Cummings-Quarry, co-founder of the Black Girls Book Club, about the club's plans for the future and thoughts on diversity in the publishing industry. Continue reading at The Bookseller

[ The Bookseller | 2018-09-20 00:00:00 UTC ]
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Bob Woodward's 'Fear' is the fastest-selling book in Simon & Schuster's history

Bob Woodward's "Fear: Trump in the White House" has sold more than 1.1 million copies in its first week of release, making it the fastest-selling book in the history of its publisher, Simon & Schuster. The publisher has ordered a 10th printing of the book, which as of Wednesday morning was... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-20 00:00:00 UTC ]
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