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 ]
Government Executive Media Group is in the midst of an ongoing evolution. Once a traditional b2b publisher with print editions, it's now a digital-only organization with a number of innovative products. Its business model doesn't support user-based revenue and instead focuses in other areas,... Continue reading at Folio Magazine
[ Folio Magazine | 2018-09-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#central part
#viral hits
#unique visitors
#page views
Time’s sales and profits, like those of most print publications, have been shrinking every year, a situation that made it difficult to sell the magazine, even with its storied past. Continue reading at The New York Times
[ The New York Times | 2018-09-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#print publications
#high price
Marc Benioff, the chief executive of Salesforce. He and his wife, Lynne, have agreed to buy Time magazine from Meredith Corporation for $190 million. Continue reading at The New York Times
[ The New York Times | 2018-09-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#$190 million
#meredith corporation
#marc benioff
Salesforce founder Marc Benioff and his wife Lynne agreed to acquire Time magazine from Meredith for $190 million in cash, joining Jeff Bezos among tech billionaires buying venerable print publications.The move thrusts the brash 53-year-old entrepreneur, who helped lead the shift of software to... Continue reading at Advertising Age
[ Advertising Age | 2018-09-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#pulitzer prize-winning
#helped lead
Marc Benioff, the billionaire co-founder of software maker Salesforce.com Inc., is making a play to project his influence far beyond Silicon Valley with the purchase of Time magazine. The 53-year-old entrepreneur and his wife, Lynne, agreed to pay $190 million in cash to Meredith Corp. for the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-09-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#meredith corp
#time magazine
#silicon valley
#marc benioff
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. Search for "Ad Age" under "Skills" in the Alexa app. What people are talking about today: Time magazine is getting new... Continue reading at Advertising Age
[ Advertising Age | 2018-09-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#sports illustrated
#lifestyle brands
#iconic titles
#treasure trove
We sit down with the author and librarian about his new book, 'Fake News, Propaganda, and Plain Old Lies,' and ask why it’s more important than ever to consider the source. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#fake news
Headline has acquired Gmorning, Gnight!, a book sharing the best motivational pep talks from the creator of the musical "Hamilton", Lin-Manuel Miranda. Continue reading at The Bookseller
[ The Bookseller | 2018-09-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#lin-manuel miranda
#book sharing
Warner Bros. Entertainment, now owned by mobile giant AT&T, has formed a new division to make the most of its big brands, including comic book publisher DC Entertainment. The new unit, which carries the buzzword-heavy name of Warner Bros. Global Brands and Experiences, will be led by Pam... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-09-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#global brands
#big brands
#warner bros
PW talks with Tara Walker, v-p and publisher at Penguin Random House Canada Young Readers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#tara walker
The veteran Washington reporter’s unflattering portrait of Trump White House gets ninth printing to meet extraordinary demand from US and beyondDonald Trump may have dismissed Bob Woodward’s Fear as “a joke”, but readers are showing themselves to be keen to share in the comedy, with more than... Continue reading at The Guardian
[ The Guardian | 2018-09-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#dragnet descends
#total number
#combined total
#simon schuster
#ninth printing
#bob woodward
At the annual pre-fair news conference, Frankfurter Buchmesse officials stress the importance of the freedom to publish and the international book industry's role in a politically charged era. The post Frankfurter Buchmesse’s 2018 Pre-Fair News Conference: ‘Held in Political Times’ appeared... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-09-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#political times
#frankfurter buchmesse
British author John Gray criticizes the modern atheist movement for replacing God with human beings and puts forward his view of what a true atheist ought to be in his new book, ‘Seven Types of Atheism.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#human beings
#john gray
Look away, helicopter parents. A giant monster hand. A loom. A 32-foot-long coloring book tapestry. A paint roller. You read that right, parents. A. Paint. Roller. This is the Ikea Lustigt collection, the company’s latest limited edition collection developed in conjunction with the design... Continue reading at Fast Company
[ Fast Company | 2018-09-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#latest collection
#helicopter parents
If you haven't heard of Humble Bundle, it's a service that offers discounted games and ebooks for charity. You purchase a pre-selected bundle that offers a very good value, and part of your money goes to charity. It's pretty simple and offers a win-w... Continue reading at Engadget
[ Engadget | 2018-09-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#humble bundle
Despite another quarter in which sales fell and losses increased, Barnes & Noble executives suggested that improvement could be coming with positive comp sales for the holidays. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#sales fell
#bn sees
Penguin Random House Children’s has sold Charlie Changes Into a Chicken, the debut children’s book by literary agent Sam Copeland, in 17 languages. Continue reading at The Bookseller
[ The Bookseller | 2018-08-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#debut children
Praised for his handling of Trump's attempt to 'intimidate a publisher', Macmillan CEO John Sargent will speak at the Frankfurter Buchmesse this year. The post Macmillan’s John Sargent Is Featured at Frankfurter Buchmesse’s CEO Talk appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#ceo talk
#frankfurter buchmesse
#john sargent
#post macmillan
In her first work of historical fiction, bestselling author Patti Callahan explores the life and love of Joy Davidman, the wife of C.S. Lewis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#historical fiction
N K Jemisin’s The Stone Sky has been awarded science fiction's premier award, the Hugo Award for Best Novel, marking the first time any writer has taken home the accolade three years running. Continue reading at The Bookseller
[ The Bookseller | 2018-08-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#years running
#hugo award
#stone sky