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 ]
Miéville and Reeves reflect on two writers whose influence can be felt in the duo's new collaboration, 'The Book of Elsewhere.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-19 04:00:00 UTC ]
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Too hot outside? Stay cool with these YA adaptations you can stream right now on Prime, Hulu, Disney Plus, and Netflix. Continue reading at Book Riot
[ Book Riot | 2024-07-18 15:30:00 UTC ]
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Last week, The New York Times Book Review published a list of the “100 Best Books of the 21st Century.” (Well, so far, obviously. Why not just call it the best books of the last 25 years? Do they know something we don’t? Oh well.) To put it together, the Book Review surveyed “hundreds of... Continue reading at Literrary Hub
[ Literrary Hub | 2024-07-16 08:56:08 UTC ]
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With the November elections drawing near, PW talks with the director of The Bernardin Center at Catholic Theological Union, who describes himself as a political scientist, a theologian, and a public intellectual about his latest book 'A Consistent Ethic of Life: Navigating Catholic Engagement... Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-16 04:00:00 UTC ]
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A roundtable of Book Review editors discuss what surprised them, what delighted them, what will send them back to their own shelves. Continue reading at The New York Times
[ The New York Times | 2024-07-12 19:21:49 UTC ]
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Painter Julie Heffernan’s lush, surrealism-infused graphic memoir debut, Babe in the Woods: The Art of Getting Lost (Algonquin, Sept.), follows her winding path through fear and memory after taking the wrong turn on a hike with her infant son. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-12 04:00:00 UTC ]
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Her writing, about marriage and divorce, sex and its consequences, work-life balance, the challenges of child-rearing and other topics, still resonates today. Continue reading at The New York Times
[ The New York Times | 2024-07-10 20:21:55 UTC ]
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Burned out. Exhausted. Traumatized. Suffering. Lonely. Angry. Fearful. Grieving. To judge by many religion books on the fall horizon, we're all a mess right now. PW asked four editors and publishers about new books aimed at uplifting people from the spiritual pits. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-03 04:00:00 UTC ]
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Bullwinkel’s debut novel sheds light on the culture of youth women’s boxing through an ensemble cast of complicated characters. It packs a punch. Continue reading at The New York Times
[ The New York Times | 2024-06-28 20:00:57 UTC ]
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A self-imposed deadline of June 28 by Booktopia to revive trading of its stock has come and gone, with the struggling Australian online retailer asking for another delay until July 19. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-28 04:00:00 UTC ]
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Time has joined a growing number of publications to sign a licensing deal with OpenAI. The ChatGPT creator will legally be able to train its large language models on 101 years worth of the storied publication's journalism, as Axios first reported. OpenAI will also have access to real-time... Continue reading at Engadget
[ Engadget | 2024-06-27 14:40:58 UTC ]
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Two writers discuss the literary forebears who directly inspired their latest novels. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-27 04:00:00 UTC ]
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The author of 'Heavyweight,' which draws lines between the German genocide of the Herero and Nama peoples in South Africa and the Holocaust, hopes that memory and narrative can create a more inclusive culture—one with ample humor and creativity. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-26 04:00:00 UTC ]
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This week's new YA paperback releases and YA news, including a Tony-award winning musical adaptation of a teen classic. Continue reading at Book Riot
[ Book Riot | 2024-06-20 15:30:00 UTC ]
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I’d bought my copy of James Joyce’s Ulysses at a Barnes and Noble in Manhattan in 1999, the summer before I left for college, along with a stack of other novels that I was convinced my much-smarter classmates would have already read. How I even decided which novels those were, I am still not... Continue reading at Literrary Hub
[ Literrary Hub | 2024-06-14 08:56:12 UTC ]
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The author of ‘That Librarian: The Fight Against Book Banning in America’ discusses her fight for the freedom to read and her debut memoir. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-10 04:00:00 UTC ]
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With her term winding down, the outgoing ALA president reflects on an eventful year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-10 04:00:00 UTC ]
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The perks were few and far between when I was an editorial assistant in book publishing in the early aughts. Mostly I did the job for the books and the proximity to authors and the occasional access to free leftover sandwiches from some lunchtime meeting or other (I was also lucky to do this... Continue reading at Literrary Hub
[ Literrary Hub | 2024-06-06 08:55:08 UTC ]
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Longtime technology news and review site Gizmodo has been sold for the third time in the past eight years Continue reading at ABC News
[ ABC News | 2024-06-04 20:54:20 UTC ]
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The tech website’s publisher, G/O Media, sold Gizmodo to the digital media and tech company Keleops. Continue reading at The New York Times
[ The New York Times | 2024-06-04 19:43:43 UTC ]
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