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 ]
News tagged with:
#audited media
#long-form writing
#expanded role
#highest level
#executive producer
#social channels
#hearst
Tantor Media’s decision last year to begin publishing print books to augment its audiobook and ebook titles has paid dividends, helping to boost total company sales in a number of ways. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-10-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#paid dividends
#ebook titles
Andrews McMeel Publishing has moved quickly to produce and promote Lang Leav’s Love & Misadventure, a 176-page volume containing 75 poems, as well as prose and illustrations, in which the author ruminates upon the highs and lows that inevitably accompany romantic relationships. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-10-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#love misadventure
#moved quickly
Erie Times-News and www.GoErie.com, based in Erie, PA, owned by Times Publishing Company, announced that it has released new tablet apps for the iPad and Kindle Fire, new smartphone apps for iPhone and Android, and HTML5 mobile web to its readers. Th ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-10-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#smartphone apps
#kindle fire
#tablet apps
#android apps
Want mobile security? You got it. Pantech today is launching the Vega Secret Note, a new mobile device that comes with a unique feature that will delight those who want to keep their mobile data private. A fingerprint scanner on the back of the phone serves dual purposes, not just unlocking... Continue reading at PC World
[ PC World | 2013-10-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#integrated storage
The Financial Times will consolidate the multiple print editions it publishes each night into a single, global newspaper in the first half of 2014, using its website for breaking news as the publisher focuses on growth in digital products and perhaps sets the stage for eventual further... Continue reading at Advertising Age
[ Advertising Age | 2013-10-09 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#vice versa
#multiple editions
#digital products
#publisher focuses
News UK (formerly News International) installed a new KODAK PROSPER S30 Imprinting System, bringing the total to 22 PROSPER S30s installed by the British newspaper publisher, a wholly owned subsidiary of News Corp. The current publisher ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-10-09 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#current publisher
#news uk
M&A activity for media continued to drag through the third quarter as wariness over market conditions hung over potential buyers. The $21.9 billion Publicis/Omnicom merger drove industry averages up considerably, but underlying deal value declined 23 percent year-over-year to $43 Continue reading at Folio Magazine
[ Folio Magazine | 2013-10-08 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#potential buyers
#ma activity
When I moved to Paris in 2010, I’d already begun doing the majority of my reading on my Kindle. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-10-04 00:00:00 UTC ]
More news stories like this |
Fairfax Media will shed at least 45 jobs across its publishing units amid continued challenging advertising markets. Continue reading at The Sydney Morning Herald
[ The Sydney Morning Herald | 2013-10-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#fairfax media
The good news: According to a new report from the National Endowment for the Arts, more than half of American adults read books for pleasure in 2012.The good news: According to a new report from the National Endowment for the Arts, more than half of American adults read books for pleasure in... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-09-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#short stories
#bad news
#national endowment
Stephen King’s follow-up to his 1977 novel The Shining was the most buzzed-about book on social media for the month of September. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-09-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#stephen king
Next Issue Media, the publishing industry's attempt to create a Hulu-style joint venture for digital magazines, is expanding to Canada and taking on a new investor. The JV, whose members include Time Inc., Hearst and Conde Nast, will add Rogers Communications' Roger Media unit as an equity... Continue reading at AllThingsD
[ AllThingsD | 2013-09-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#conde nast
#digital magazines
#publishing industry
#ipad magazines
#issue media
Next Issue Media, the multi-title subscription service backed by Condé Nast, Hearst, Meredith, News Corp. Continue reading at Folio Magazine
[ Folio Magazine | 2013-09-27 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#issue media
More than half of marketer and agency professionals surveyed by Advertiser Perceptions predicted they would increase ad spending in digital media during the next 12 months, far more than the share predicting the same for traditional channels such as cable TV (31%), broadcast TV (20%), magazines... Continue reading at Advertising Age
[ Advertising Age | 2013-09-24 00:00:00 UTC ]
More news stories like this |
News Corp., the publishing company that owns The Wall Street Journal, reported $506 million in net income for the fiscal year ended June 30, the last year before its split from Rupert Murdoch's entertainment operations.The profit, which amounted to 87 cents a share, compared with a loss of $2.08... Continue reading at Crains New York
[ Crains New York | 2013-09-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#york post
#entertainment operations
#rupert murdoch
#net income
#company broke
#york-based company
Barbara Ehrenreich tackles "the truth"; Arianna Huffington tackles success; Elizabeth Gilbert tackles fiction; Alice McDermott tackles being ordinary; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-09-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#american agencies
Few booksellers in PW’s post–Labor Day survey of summer sales were as upbeat as Val Stadick, owner of Main Street Books in Minot, N.D., where the state’s oil boom helped the seven-year-old bookstore bounce back from a flood two years ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-09-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#summer sales
#optimistic note
Alpha Media has sold Maxim magazine to an affiliate of Darden Media Group that is planning to distribute Maxim's content across TV, radio and music platforms, the company said Thursday evening. Terms of the deal were not disclosed.Calls to Darden Media Group were not immediately returned... Continue reading at Crains New York
[ Crains New York | 2013-09-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#paid circulation
#ad pages
Singapore Press Holdings (Singapore), ABP (India), and Al Nisr Publishing (UAE) were among the winners of the 12th annual Asian Media Awards presented in a gala ceremony in Bangalore (India) by the World Association of Newspapers and News Publishers ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-09-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#news publishers
#world association
#gala ceremony
After a two-decade-long relationship between the magazine giant Time Inc. and American Express, Time Inc. plans to close quickly on its purchase of American Express’s publishing division. “This 20-year courtship is finally bei ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-09-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with:
#publishing division
#american express
#long history