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 ]
Publishers need to speak up and champion reading in the face of the erosion of the book stock in England’s public libraries, says Tim Coates. Continue reading at The Bookseller
[ The Bookseller | 2018-07-18 00:00:00 UTC ]
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Stuffocation author James Wallman is moving to Ebury for his new book Time and How to Spend It: Seven Ways to Better Days. Continue reading at The Bookseller
[ The Bookseller | 2018-07-14 00:00:00 UTC ]
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#spend time
The owners of Cavalier House Books have bought the customer database and sales history of the now-defunct Forest Sales and Distributing—and now they're building out their distribution business. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-13 00:00:00 UTC ]
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Oneworld imprint Rock the Boat has acquired the UK rights to How to Win a Nobel Prize, a middle grade adventure for young scientists, by Nobel Prize winner Barry Marshall. Continue reading at The Bookseller
[ The Bookseller | 2018-07-11 00:00:00 UTC ]
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DK's UK and group sales director Ed Christie has decided to leave the publishing industry and move into the teaching profession, with Bloomsbury's Jacqueline Sells appointed his successor. Continue reading at The Bookseller
[ The Bookseller | 2018-07-10 00:00:00 UTC ]
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Naming issues on which 'we are in almost complete alignment,' the UK's author-advocacy organization and revenue collection agency lay out talking points to the Publishers Association in an open letter. It's a new call 'to give everyone a bigger share of the pie." The post How Much Do Writers... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-07-09 00:00:00 UTC ]
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The digital media company founded in 2012 will now be part of a publicly traded Japanese firm. Atlantic Media has agreed to sell its business-and-tech news outlet Quartz to publicly traded Japanese firm Uzabase, in a deal worth between $75 million and $110 million. The deal is set to close... Continue reading at Fast Company
[ Fast Company | 2018-07-02 00:00:00 UTC ]
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Tronc, the newly slimmed-down newspaper publisher, could get even slimmer.After completing the sale of the Los Angeles Times to billionaire Patrick Soon-Shiong, the Chicago-based company must now decide whether to forge ahead in the news business without its crown jewel or unload more, perhaps... Continue reading at Advertising Age
[ Advertising Age | 2018-07-02 00:00:00 UTC ]
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eBay is one of the go-to places for collectibles and old comic book titles, but now you can also make it a habit to check the website if you're looking for some sweet digital comic deals. The e-commerce platform has teamed up with Madefire to give sh... Continue reading at Engadget
[ Engadget | 2018-06-29 00:00:00 UTC ]
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Almost half the shortlisted authors for the Welsh Book of the Year awards have sold fewer than 100 copies. Continue reading at BBC News
[ BBC News | 2018-06-27 00:00:00 UTC ]
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I'm a big fan of some Surface hardware. Microsoft's own laptops and tablets are often well-made and very elegant. Quite frankly, if you want a Windows 10 PC, the Surface Laptop is a great pick. The Surface Pro is a solid choice too, although it can be difficult to use in a lap -- a non-starter... Continue reading at Betanews
[ Betanews | 2018-06-26 00:00:00 UTC ]
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The award-winning historian, whose new book, 'Leadership: In Turbulent Times' will be published this fall, told librarians that America has faced and overcome great struggles in our past. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-23 00:00:00 UTC ]
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Inside one of the most sensational crimes of the 20th century—and how Arthur Conan Doyle helped solve it. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-22 00:00:00 UTC ]
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In some ways, it has never been easier to become an author – but in others, it has never been harder. While self-publishing, blogging and crowdfunding have opened up opportunities, there are also unprecedented financial pressures that determine who can and can’t afford to write, with books... Continue reading at The Guardian
[ The Guardian | 2018-06-19 00:00:00 UTC ]
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Norman Pearlstine, who has spent 50 years in journalism helping shape some of the nation’s most prominent publications — including Time Inc. magazines, Bloomberg News, Forbes and the Wall Street Journal — on Monday was named executive editor of the Los Angeles Times. It was the first major move... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-06-19 00:00:00 UTC ]
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Campbell Brown, head of global news partnerships at Facebook, said publishers have "welcomed" the company's approach to including them in their political ads policy. Mark Thompson, CEO of The New York Times, called bullshit. Brown and Thompson were discussing the findings in the 2018 Reuters... Continue reading at AdWeek
[ AdWeek | 2018-06-15 00:00:00 UTC ]
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Jacqueline Bussie discusses the message of inclusion in her book ‘Love Without Limits,’ and why she parted ways with her original Christian publisher over it. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-13 00:00:00 UTC ]
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Christine Caine is following up on her 2016 bestseller ‘Unashamed’ with a reflection on life’s unpredictable events and resilient faith in ‘Unexpected.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-13 00:00:00 UTC ]
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Russian children's publisher Clever Media Group is looking to publish English-language titles in US and Canadian markets this autumn, accelerating its international expansion plans. The post Russia’s Clever Media Group Now Talking of September for North American Launch appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-13 00:00:00 UTC ]
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