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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Joanna Gaines’s Cookbook Sells 169K in First Week

'Magnolia Table,' cookbook by the star of HGTV mega-hit 'Fixer Upper,' sold more than 169,000 copies in its first week on sale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-02 00:00:00 UTC ]
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Zoffness wins £30k Sunday Times Short Story Award

American writer Courtney Zoffness has won the 2018 Sunday Times EFG Short Story Award for her short story "Peanuts aren't nuts".  Continue reading at The Bookseller

[ The Bookseller | 2018-04-28 00:00:00 UTC ]
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Complaint upheld over Times story about girl fostered by Muslims

Council wins ruling from press watchdog over claims in story also picked up by Daily MailThe Independent Press Standards Organisation has upheld a complaint against the Times over its coverage of the fostering placement of a young girl in east London.Notice of the ruling by Ipso was published on... Continue reading at The Guardian

[ The Guardian | 2018-04-25 00:00:00 UTC ]
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Time travel murder mystery to HoZ

Head of Zeus has acquired a time travel murder mystery from "brilliant new voice" Kate Mascarenhas. Continue reading at The Bookseller

[ The Bookseller | 2018-04-25 00:00:00 UTC ]
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Comey's Debut Sells More Than 600,000 In Its First Week

Former FBI director James Comey's debut book, 'A Higher Loyalty,' has sold more than 600,000 copies since its publication last week, Flatiron Books president Bob Miller and publisher Amy Einhorn have reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-24 00:00:00 UTC ]
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Facebook reveals its censorship guidelines for the first time — 27 pages of them

Among the most challenging issues for Facebook Inc. is its role as the policeman for the free expression of its 2 billion users. Now the social network is opening up about its decision-making over which posts it decides to take down — and why. On Tuesday the company for the first time published... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-24 00:00:00 UTC ]
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Tens of thousands expected to attend as Los Angeles Times Festival of Books kicks off

Tens of thousands of people are expected to attend this weekend’s Los Angeles Times Festival of Books, the largest event of its kind in the country. The 23rd annual festival, which celebrates reading and storytelling, got underway at 10 a.m. Saturday at the USC campus near downtown L.A. Authors... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-22 00:00:00 UTC ]
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Hanya Yanagihara: influential magazine editor by day, best-selling author by night

It’s enough to make your head spin, but the New York Times journalist and novelist wouldn’t have it any other way. Emma Brockes meets her in New YorkWhen Hanya Yanagihara was 10 years old, her father let her visit a pathologist’s lab. He was a doctor and an artist, twin interests his young... Continue reading at The Guardian

[ The Guardian | 2018-04-22 00:00:00 UTC ]
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First day of Los Angeles Times Festival of Books offers a little something for everyone

President Trump’s immigration policies, L.A.’s homeless crisis, the women’s movement and the culture of food were just a few of the topics covered during the first day of the Los Angeles Times Festival of Books on the USC campus. The 23rd annual festival, which celebrates reading and... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-22 00:00:00 UTC ]
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Los Angeles Times book prizes awarded to literary veterans, emerging authors

Abortion, gun violence, the global refugee crisis and the degradation of the Great Lakes were among the subjects of books honored Friday at the 38th annual Los Angeles Times Book Prizes. The awards were presented at USC’s Bovard Auditorium on the eve of the two-day L.A. Times Festival of Books,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-21 00:00:00 UTC ]
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Industry Notes: US Publishers Association Announces Book Expo Panels; UK’s Sunday Times Prize Opens for Entries

Three Big Five CEOs are scheduled for a session from BookExpo and the Association of American Publishers. And the UK's award for writers aged 18 to 35 opens for submission. The post Industry Notes: US Publishers Association Announces Book Expo Panels; UK’s Sunday Times Prize Opens for Entries... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-04-20 00:00:00 UTC ]
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With Fewer Debut Novels Selling, What Do Editors Want To Tell Authors?

In a tightening market for fiction and especially for debut authors looking for that big break, editors can be choosier–and many are more dependent than ever on literary agents to find their next debuts. The post With Fewer Debut Novels Selling, What Do Editors Want To Tell Authors? appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-04-19 00:00:00 UTC ]
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Talking Heads’ Frantz’s tell-all tale to Faber

Faber is to publish the memoir of Chris Frantz, one of the members of seminal post-punk band Talking Heads. Continue reading at The Bookseller

[ The Bookseller | 2018-04-11 00:00:00 UTC ]
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More panels on politics at the LA Times Festival of Books

When something is on people’s minds, publishers notice. In the past year, there has been a surge of books about politics. That means there will be a plethora of conversations about politics at the Festival of Books. Here are a few favorites. For an in-depth conversation about our president, don’t... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-07 00:00:00 UTC ]
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Time for action on pay

Lis Tribe on why publishers need to use their gender pay gap statistics to build a better industry for everyone. Continue reading at The Bookseller

[ The Bookseller | 2018-04-06 00:00:00 UTC ]
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Emmy-Nominated Editor Rejoins TIME’s Newsroom | People on the Move

Hearst Magazines Digital Media makes changes to its leadership and other people on the move. The post Emmy-Nominated Editor Rejoins TIME’s Newsroom | People on the Move appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-04-04 00:00:00 UTC ]
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Riga’s Alīse Nigale on Selling Rights Into Asia: ‘English Is the Bridge’

Ahead of her appearance at London Book Fair, Latvian children's publisher Alīse Nigale says that foreign rights sales have boosted her business. And 'What we discovered was that selling rights is all about the connections.' The post Riga’s Alīse Nigale on Selling Rights Into Asia: ‘English Is... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-04-04 00:00:00 UTC ]
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Magazine Covers Sell Your Brand, Not Your Issues

As newsstand sales decline, cover design is now more about catching eyes online than on the street. The post Magazine Covers Sell Your Brand, Not Your Issues appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-04-02 00:00:00 UTC ]
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Conversations with Authors: Sally Rooney talks to The Bookseller

We spoke to the "Salinger of the Snapchat generation" Sally Rooney, following her shortlisting for the 2018 Dylan Thomas Prize.  Continue reading at The Bookseller

[ The Bookseller | 2018-03-30 00:00:00 UTC ]
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Thirty-five in redundancy talks in Bonnier Publishing's Australia business

Bonnier Publishing is restructuring its business in Australia "in response to changing market conditions". Continue reading at The Bookseller

[ The Bookseller | 2018-03-28 00:00:00 UTC ]
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