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 ]
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Execs' pay up at Pearson as profit grows

Written By: Philip Jones Publication Date: Wed, 06/04/2011 - 14:58 Penguin group chief executive John Makinson took home £1.5m in pay in 2010, in a year when Penguin's sales grew 21% to £1.1bn and adjusted operating profit grew 19% to £106m. Makinson's pay rose by £150,000 thanks to a rise in... Continue reading at The Bookseller

[ The Bookseller | 2011-04-06 00:00:00 UTC ]
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"Promo Pages" On the Rise in Consumer Magazines

The number of "promo pages"-advertorial and other pages labeled as advertising or promotion but produced to resemble editorial and often carrying tags such as "Must-haves" and "Essentials"-grew 9 percent in MPA member magazines in 2010, according to ad tracker MagazineRadar. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-01 00:00:00 UTC ]
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Print book sales continue to fall

Written By: Philip Stone Publication Date: Tue, 29/03/2011 - 15:50 Book sales slipped for the fourth week in a row last week, and were down more than £3.3m last year, according to Nielsen BookScan data. A total of £24.2m was spent on printed books at UK retail outlets in the seven days to 26th... Continue reading at The Bookseller

[ The Bookseller | 2011-03-29 00:00:00 UTC ]
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TechTarget Buys RBI's Computer Weekly While Print Mag Folds

Tech publisher TechTarget has agreed to buy the Web sites and event products related to Reed Business Information's Computer Weekly, while the 45-year-old magazine will close. ComputerWeekly.com serves IT managers in Europe and the U.K. and draws an average of 425,000 visits and 1 million page... Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-29 00:00:00 UTC ]
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Desmond's magazine sale called Project Odyssey

Richard Desmond's shock plans to explore the sale his magazine portfolio, including OK! Magazine, is called Project Odyssey and was put together last year at the request of the multimillionaire's publishing company. Continue reading at Media Week

[ Media Week | 2011-03-28 00:00:00 UTC ]
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Amazon Appstore for Android Opens, Magazines Wait

With the recent reports from Bloomberg News that Android is one of the fastest operating systems currently on the market, it is no surprise that the system has introduced a new appstore in partnership with Amazon.com, Inc., which launched on Tuesday. "Custome Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-24 00:00:00 UTC ]
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ABC Board Changes Advertising Requirement for Digital Magazines

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[ Folio Magazine | 2011-03-22 00:00:00 UTC ]
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Dorchester Media Puts Remaining Magazines on the Block

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[ Folio Magazine | 2011-03-22 00:00:00 UTC ]
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Printed book sales slump to new 2011 low

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[ The Bookseller | 2011-03-22 00:00:00 UTC ]
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Hachette to bring French out of copyright titles into print

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[ The Bookseller | 2011-03-22 00:00:00 UTC ]
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Hearst Magazines is 2010 Group Publisher's Ad-Page Champ

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[ Folio Magazine | 2011-03-15 00:00:00 UTC ]
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Dennis Buys Bimonthly Trivia Magazine Mental Floss

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[ Folio Magazine | 2011-03-14 00:00:00 UTC ]
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United Agents' Canter dies

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[ The Bookseller | 2011-03-11 00:00:00 UTC ]
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[ Folio Magazine | 2011-03-11 00:00:00 UTC ]
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[ Folio Magazine | 2011-03-10 00:00:00 UTC ]
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Adobe Introduces Proposal For Magazine-Like Web Layouts

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[ Folio Magazine | 2011-03-10 00:00:00 UTC ]
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Execs Imagine the Company of the Future

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[ Folio Magazine | 2011-03-10 00:00:00 UTC ]
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Adults and teenagers still prefer prints books to ebooks, WBD survey says

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[ The Bookseller | 2011-03-03 00:00:00 UTC ]
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Hearst's John Loughlin Highlights Four Key Drivers for Magazines at DMA Circ Marketing Day

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[ Folio Magazine | 2011-03-03 00:00:00 UTC ]
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[ Folio Magazine | 2011-03-02 00:00:00 UTC ]
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