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 ]
In her follow-up to ‘Woman Most Wild,’ Danielle Dulsky encourages female readers to reconnect with nature and rediscover their instinctive womanhood in ‘The Holy Wild.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-21 00:00:00 UTC ]
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The film adaptation of Kevin Kwan's 'Crazy Rich Asians' is dominating the U.S. box office, and its source book continues to sell well in Apple's iBooks store as well. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-21 00:00:00 UTC ]
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Novelist David Mitchell has received the Sunday Times Award for Literary Excellence, given in recognition of a writer's entire body of work. Continue reading at The Bookseller
[ The Bookseller | 2018-08-21 00:00:00 UTC ]
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New Statesman editor Jason Cowley, formerly news editor at The Bookseller, is publishing a collection of his journalism with Norfolk indie Salt. Continue reading at The Bookseller
[ The Bookseller | 2018-08-20 00:00:00 UTC ]
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Bonnier Books has sold Weldon Owen to US illustrated book publisher Insight Editions for an undisclosed sum, with all five UK staff in consultation over redundancy. Continue reading at The Bookseller
[ The Bookseller | 2018-08-14 00:00:00 UTC ]
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BBC Radio 5 Live presenter Rachael Bland, who has incurable cancer, is in a "race against time" to publish a memoir for her two-year-old son, Freddie. Continue reading at The Bookseller
[ The Bookseller | 2018-08-14 00:00:00 UTC ]
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Endemic ads were completely in the driver’s seat when it came to ads in automotive magazines this March. According to GfK MRI’s Starch Advertising Research, ads for Chevy parts and Nitto truck tires performed particularly well in consumer recall, together garnering four of the top six positions... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-09 00:00:00 UTC ]
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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: The Chicago Tribune has a scoop... Continue reading at Advertising Age
[ Advertising Age | 2018-08-09 00:00:00 UTC ]
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English professor Karen Swallow Prior draws inspiration from both literature and Christian virtues to encourage readers to learn about themselves and the world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-08 00:00:00 UTC ]
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A federal appellate court has upheld the dismissal of a longstanding antitrust suit against Hearst and Time Inc.—among other current and former magazine publishers—filed by defunct wholesaler Anderson News, LLC, likely ending a legal battle so protracted that several of its original parties no... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-07 00:00:00 UTC ]
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Weidenfeld & Nicolson is publishing an investigation into depression, which makes a case for embracing both art and science to better understand and treat the condition. Continue reading at The Bookseller
[ The Bookseller | 2018-08-07 00:00:00 UTC ]
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To keep people engaged, the sweepstakes company is going big on social, creating a mobile app and weekly Facebook show. The post Publishers Clearing House is surviving the ad duopoly by selling engagement appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-08-06 00:00:00 UTC ]
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At a festival in Storey Publishing’s hometown on July 28, the press celebrated its anniversary alongside dozens of vendors who make and sell the very things that are the subjects of its books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-03 00:00:00 UTC ]
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Molly Walker-Sharp has made her first acquisition at Avon Books, 16 months after joining as an intern. Continue reading at The Bookseller
[ The Bookseller | 2018-08-03 00:00:00 UTC ]
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Mark Thompson says site’s attempts to rank news outlets sounds like ‘controlled society’Facebook should consider completely removing news from users’ feeds unless it can find a way to avoid low-quality stories clogging up the site, the chief executive of the New York Times has said.Mark Thompson... Continue reading at The Guardian
[ The Guardian | 2018-08-03 00:00:00 UTC ]
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Sean Spicer, the former White House press secretary, signing a copy of his new book, “The Briefing,” this week. In interviews on his book tour, Mr. Spicer has acknowledged some fault for perpetuating falsehoods from the lectern. Continue reading at The New York Times
[ The New York Times | 2018-07-26 00:00:00 UTC ]
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The Economist Group is nearing a deal to sell CQ Roll Call to SaaS firm FiscalNote in exchange for an 18 percent stake in the company, according to an announcement released Wednesday. Expected to be finalized later this year, the proposed deal would see the London-based publisher become the... Continue reading at Folio Magazine
[ Folio Magazine | 2018-07-25 00:00:00 UTC ]
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Jonathan Gold, the Pulitzer Prize-winning Los Angeles Times restaurant critic who richly chronicled the city’s vast culinary landscape and made its food understandable and approachable to legions of fans, has died. He was 57. Gold died of pancreatic cancer at St. Vincent Medical Center on... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-07-22 00:00:00 UTC ]
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Tor's ebooks are now being made available to libraries four months after the book's publication as part of a test to see whether "library ebook lending is one of the contributing factors" to declining ebook sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-18 00:00:00 UTC ]
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