After nearly two years of ongoing scrutiny related to the alleged activities of its CEO, David Pecker, and chief content officer, Dylan Howard, the company now known as American Media, LLC is moving on to life after The National Enquirer, the cornerstone upon which Pecker built his tabloid empire after taking over the company in 1999. The $100 million sale of the Enquirer and its sister titles Globe and National Examiner to Hudson News heir James Cohen—agreed upon in April and reportedly pursued at the behest of the company's hedge fund backer, Chatham Asset Management—is expected to be completed by the end of the year. Pecker has said that going forward, American Media is "keenly focused" on its portfolio of non-tabloid brands, many of which, including Men's Journal, Us Weekly, In Touch and several adventure sports magazines, have been acquired over the past year. It also plans to further reduce the debts it incurred through these purchases (after the Enquirer sale, the company says its overall debt will total "only" $355 million). Another area in which the publisher is apparently placing its bets is the increasingly legal $13 billion North American cannabis industry. Earlier this month, Neptune Wellness Solutions—a Quebec-based provider of "natural alternative products," including cannabis and hemp extracts, fish oils and other supplements—announced a new partnership with American Media under which the publisher will provide Neptune with advertising and creative... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-10-15 20:27:22 UTC ]
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Authors Guild drops Hathi-Trust Case and more in this week's publishing news briefs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-09 00:00:00 UTC ]
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In a deal that combines two of the largest independent companies in the spokenword audiobook industry, Recorded Books has acquired Tantor Media. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-01-06 00:00:00 UTC ]
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Bleacher Report founder Bryan Goldberg writes that the major digital publishing narrative in 2015 will be revenue. Everything else will be a function of how publishers thrive or struggle to monetize. The post Coming in 2015: reality check for VC-engorged digital media appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2015-01-06 00:00:00 UTC ]
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More top publishers are opting into programmatic ad networks to sell premium advertising. Varick Media Management recently signed exclusive deals with Time Inc., News Corp., American Media Inc. and Wenner Media and will help them sell ad units that feature photography, videos and other types of... Continue reading at AdWeek
[ AdWeek | 2014-12-24 00:00:00 UTC ]
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Neville Thurlbeck and James Weatherup get green light from employment tribunals to take action against News Group NewspapersTwo former News of the World journalists who were jailed for hacking the phones of politicians and celebrities have been given the go ahead to sue Rupert Murdoch’s... Continue reading at The Guardian
[ The Guardian | 2014-12-23 00:00:00 UTC ]
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Scarletta to become Mighty Media Press and more in this week's publishing news briefs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-19 00:00:00 UTC ]
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Peter Manseau helped pioneer religion journalism online and went on to win acclaim as a memoirist of American Catholicism and a novelist telling a story of Yiddish culture. Manseau's new history of religion in America upends conventional wisdom, arguing that religion at the margins has shaped... Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-18 00:00:00 UTC ]
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Bleak results for Rupert Murdoch’s British newspapers and book publisher Rupert Murdoch’s British newspaper and publishing division suffered an operating loss of £3.5m in the year up to June 2014 compared to a £51m profit the year before.The loss by News Corp UK & Ireland, which owns the... Continue reading at The Guardian
[ The Guardian | 2014-12-17 00:00:00 UTC ]
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Trying to stick it to Google is an understandable impulse, a resentment fed by the company's monolithic influence over the web. But all the Google News shutdown in Spain really shows is how powerless traditional publishers really are. The post The Google News Shutdown in Spain Is An Empty... Continue reading at Wired
[ Wired | 2014-12-17 00:00:00 UTC ]
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Trying to stick it to Google is an understandable impulse, a resentment fed by the company's monolithic influence over the web. But all the Google News shutdown in Spain really shows is how powerless traditional publishers really are. The post Spain’s Google News Shutdown Is a Silly Victory for... Continue reading at Wired
[ Wired | 2014-12-17 00:00:00 UTC ]
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‘Everyone is doing exactly what these criminals want,’ says Rogen, after newspapers publish emails hacked from Sony executivesAaron Sorkin: news outlets more ‘morally treasonous’ than Sony hackersVarious Hollywood figures, including Brad Pitt, Aaron Sorkin and Seth Rogen, have publicly... Continue reading at The Guardian
[ The Guardian | 2014-12-16 00:00:00 UTC ]
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Google removed its news aggregation service from Spain a few days ago, but the Spanish Newspaper Publishers’ Association (AEDE) is already asking the government to bring it back. AEDE claims the removal of Google News will be bad business for the publishing industry overall and will have more of... Continue reading at Betanews
[ Betanews | 2014-12-16 00:00:00 UTC ]
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Google News will withdraw from Spain, after the government passed a law to charge aggregators for linking to news publishers. A tech lawyer answers the big questions Continue reading... Continue reading at The Guardian
[ The Guardian | 2014-12-12 00:00:00 UTC ]
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Robert Thomson, CEO of HarperCollins parent company News Corp, told analysts News could make another purchase in the book industry following its purchase of Harlequin. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-10 00:00:00 UTC ]
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Audio line debut for IVP; 2015 Grawemeyer winner announced; Target Holiday Book Club features Nelson book; Baker titles selected as best church resources; Puritan/Reformed publisher releases new Bible, books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-10 00:00:00 UTC ]
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The American Bar Association's publishing division is launching a trade imprint. Ankerwycke has just released its debut title, a legal thriller by blogger David Lat, to be followed by 34 titles in 2015. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-08 00:00:00 UTC ]
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Midwest Tape has appointed Tammy Faxel publisher of its audiobook and video division, Dreamscape Media. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-08 00:00:00 UTC ]
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Digital publishing needs a lifeline. But as The New Republic debacle has showed, mixing tech and media cultures is a tricky combination. The post Why Silicon Valley and media don’t mix easily appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2014-12-07 00:00:00 UTC ]
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In S&S reorg, Perl rises and Hirschhorn leaves and more in this week's publishing news briefs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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If squabbles over format, pricing and Amazon have led the US publishing industry to neglect an ever more diverse audience, we have forgotten why people read books in the first placeThe true price of publishingAt the recent National Book Awards ceremony in New York City, presenter and bestselling... Continue reading at The Guardian
[ The Guardian | 2014-12-02 00:00:00 UTC ]
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