Will 'King of Magazines' Spin Off Print Unit? Execs 'Not Opposed'

Media companies have been streamlining their businesses by cleaving off underperforming print units from more lucrative TV, film and digital businesses. Just this year, Time Warner spun off magazine division Time Inc., Tribune Company split apart its TV and newspaper businesses and Gannett announced plans to divide TV and print, all following similar moves from other companies in years prior.But Meredith Corporation, publisher of magazines like Better Homes and Gardens as well as the owner and operator of 15 local TV stations, has not joined the movement. During an investor call Thursday to discuss its most-recent earnings report, an analyst asked Meredith executives whether it would ever follow the trend."We are not opposed to it," said Meredith Chairman and CEO Stephen Lacy. But the Des Moines, Iowa-based company would need to "feel there's a larger opportunity on one side of the house that would create value for shareholders" instead of just separating for the sake of it, he added. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2014-10-24 00:00:00 UTC ]
News tagged with: #newspaper businesses #similar moves #meredith corporation #des moines #iowa-based company

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David Astor: a king in the golden age of print

From 1948 to 1975, David Astor transformed Britain’s oldest paper into a vibrant, intelligent weekly renowned for its progressive campaigns and the quality of its writing. The author of a new biography recalls some of Astor’s achievements• Click here to read an extract on Astor’s lifelong... Continue reading at The Guardian

[ The Guardian | 2016-02-07 00:00:00 UTC ]
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The five magazine media company executives who graced the stage at the Grand Hyatt in Midtown Tuesday night all had specific (well, somewhat specific) ideas for how to grow their companies and take advantage of industry-wise disruptions, but only one called for an across-the-board increase in... Continue reading at Advertising Age

[ Advertising Age | 2016-02-03 00:00:00 UTC ]
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[ The Guardian | 2016-01-20 00:00:00 UTC ]
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Penthouse Folds Print Magazine After 50 Years

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[ Folio Magazine | 2016-01-19 00:00:00 UTC ]
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Hearst Magazines Will Test Out New Print Concepts in 2016

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[ Editor & Publisher | 2015-12-28 00:00:00 UTC ]
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[ Folio Magazine | 2015-11-12 00:00:00 UTC ]
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[ Folio Magazine | 2015-10-27 00:00:00 UTC ]
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Magazines Create 'Industry-Wide' Guarantee of Print Ads' Results

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[ Advertising Age | 2015-10-13 00:00:00 UTC ]
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[ Publishers Weekly | 2015-10-02 00:00:00 UTC ]
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[ Publishers Weekly | 2015-08-21 00:00:00 UTC ]
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[ Publishers Weekly | 2015-07-24 00:00:00 UTC ]
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[ Betanews | 2015-06-29 00:00:00 UTC ]
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[ Advertising Age | 2015-06-17 00:00:00 UTC ]
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[ Editor & Publisher | 2015-04-21 00:00:00 UTC ]
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[ Publishers Weekly | 2015-04-10 00:00:00 UTC ]
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[ Advertising Age | 2015-03-06 00:00:00 UTC ]
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[ The Guardian | 2015-01-28 00:00:00 UTC ]
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