Time Warner Inc. will spin off its magazine business later this year, turning the nine-decade-old publisher of Time, People and Sports Illustrated into a separate publicly held company.The board authorized management to proceed with the plan after a review of options, the New York-based media company said yesterday in a statement. As part of the move, Time Inc. Chief Executive Officer Laura Lang will step down from the role.“A complete spinoff of Time Inc. provides strategic clarity for Time Warner Inc., enabling us to focus entirely on our television networks and film and TV production businesses,” Jeff Bewkes, CEO of the parent company, said in the statement. “Time Inc. will also benefit from the flexibility and focus of being a stand-alone public company and will now be able to attract a more natural stockholder base.”The move represents Time Warner’s third major spinoff since Mr. Bewkes became CEO in 2008, letting the company focus on faster-growing businesses. Time Warner Cable Inc., the second-largest U.S. cable company, became independent in March 2009. Time Warner spun off AOL, the dial-up Internet service that is remaking itself as a Web publisher, later that year.Time Warner’s magazine assets could be worth as much as $3.2 billion, based on estimates published last month by John Janedis, an analyst at UBS AG in New York.The spinoff decision follows an attempt to divest some of Time Warner’s magazines to Meredith Corp., the Des Moines, Iowa-based publisher of... Continue reading at 'Crains New York'
[ Crains New York | 2013-03-07 00:00:00 UTC ]
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Digital Media Solutions, a Clearwater based company, has hired its first ever female chief marketing officer. Kathy Bryan has been hired for the CMO position, rising from a previous role within the company's marketing department. “Kathy Bryan represents everything DMS stands for,” DMS CEO... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-02-26 11:44:07 UTC ]
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The children’s book magazine Carousel: The Guide to Children’s Books has ceased publication after 24 years. Continue reading at The Bookseller
[ The Bookseller | 2020-01-06 03:51:33 UTC ]
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A few years ago I started making predictions about the upcoming year. Admittedly, they haven’t exactly been bold, but have really been more of a heads up on what trends to look out for and what sort of coverage you can expect from us as a reader. Last December, I followed up on my predictions... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-12 16:41:44 UTC ]
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Raymond AntrobusWho/ What inspired you to start writing? I never started writing poetry with the intention of writing books until publishers approached me. I was happy to write poems and travel and read the poems for audiences. I live poem by poem. The idea of a book of poems doesn’t really... Continue reading at British Council global
[ British Council global | 2019-12-05 12:09:15 UTC ]
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Multi-award winning poet Raymond Antrobus has been named winner of the 2019 Sunday Times/University of Warwick Young Writer of the Year Award for his debut The Perseverance (Penned in the Margins). Continue reading at The Bookseller
[ The Bookseller | 2019-12-05 08:18:28 UTC ]
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Duncan Hamilton has become the first person to win the William Hill Sports Book of the Year three times after he scooped the 2019 prize for The Great Romantic (Hodder & Stoughton). Continue reading at The Bookseller
[ The Bookseller | 2019-12-04 18:37:26 UTC ]
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From meditations on the d/Deaf experience to short stories blurring the mythic and the gothic with the everyday, from mixing the personal and political to a young woman uncover the truth about her family’s past – four outstanding writers have today been named on the shortlist for The Sunday... Continue reading at British Council global
[ British Council global | 2019-11-04 12:55:09 UTC ]
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NEW YORK—Magazine and digital media professionals from all over the country gathered Wednesday evening to celebrate honorees for excellence in editorial and design. B2B, consumer and regional brands competed for Folio:’s 2019 Eddie and Ozzie Awards, the largest and most comprehensive such... Continue reading at Folio Magazine
[ Folio Magazine | 2019-11-01 14:44:10 UTC ]
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The genre is experiencing a renaissance with quality novels and short stories from new and established authors. Continue reading at The Washington Post
[ The Washington Post | 2019-10-29 18:17:37 UTC ]
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Last year, we introduced a brand new honor at our Eddie & Ozzie Awards gala—Magazine of the Year. Despite many of the challenges print faces, magazines continue to evolve and change in tandem with the industry, and we felt it was important to recognize the very best in our community. And... Continue reading at Folio Magazine
[ Folio Magazine | 2019-09-26 15:22:57 UTC ]
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Two-time winners Donald McRae and Duncan Hamilton are in line for a historic treble after making the 12-strong longlist for the £30,000 William Hill Sports Book of the Year 2019. Continue reading at The Bookseller
[ The Bookseller | 2019-09-24 03:37:08 UTC ]
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Tom Harty sounds like a guy who thought he’d bought a shiny new car, only to find out the engine had been removed right before he wrote the check. And who then failed to report the theft to his insurance company in a timely manner. Earlier this month, the Meredith CEO made some revealing... Continue reading at Publishing Executive
[ Publishing Executive | 2019-09-16 13:41:06 UTC ]
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This year's five honorees, up from three last year, are 'The Common,' 'American Short Fiction,' 'Black Warrior Review,' 'The Margins,' and 'The Offing,' which will receive a combined $144,000 from the Whiting Foundation. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-18 04:00:00 UTC ]
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The business news publisher has laid off 11 commercial-side employees over two stints in 2019. Some of those roles remain unfilled, as Quartz pours more resources into its nascent membership program. The post Quartz lays off business-side employees for second time this year appeared first on... Continue reading at Digiday
[ Digiday | 2019-06-28 04:01:26 UTC ]
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The London Magazine has launched its debut fiction prize for a second year, following the success of its inaugural year. Continue reading at The Bookseller
[ The Bookseller | 2019-05-02 00:00:00 UTC ]
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While the future of America's biggest sports magazine remains an open question, its second-biggest will soon call it quits on print entirely. ESPN The Magazine will shutter its monthly print edition after September's annual Body Issue, its parent company announced Tuesday morning, ending a... Continue reading at Folio Magazine
[ Folio Magazine | 2019-04-30 00:00:00 UTC ]
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The Sunday Times Young Writer of the Year Award has announced changes to its sponsorship with the University of Warwick its title partner and Caroline Michel, c.e.o. of literary agency Peters Fraser + Dunlop, becoming its first patron. Continue reading at The Bookseller
[ The Bookseller | 2019-04-12 00:00:00 UTC ]
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From the day in 2016 when AT&T announced its $85.4-billion merger with Time Warner, through three years of antitrust wrangling over the deal, the big telecommunications company promised that it would mean lower prices and more choices for consumers. Now AT&T has a message for everyone... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-03-19 00:00:00 UTC ]
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It's a tumultuous time in the media industry, and this year saw multiple publications change ownership and some--including, most recently, conservative magazine The Weekly Standard--shutter operations entirely. So it perhaps came as no surprise when a number of brands across three leading... Continue reading at AdWeek
[ AdWeek | 2018-12-27 00:00:00 UTC ]
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Parent firm blames subscription figures but co-founder says magazine was ‘murdered’ to drive readers elsewhereThe Weekly Standard, one of the last holdouts opposed to Donald Trump within rightwing media, has been closed after 23 years, silencing its hawkish voice on foreign affairs and its... Continue reading at The Guardian
[ The Guardian | 2018-12-15 00:00:00 UTC ]
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