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

Other Publishing stories related to: 'Will 'King of Magazines' Spin Off Print Unit? Execs 'Not Opposed''

Hearst Magazines Hires Two New Senior Executives for U.S. Magazine Division

Today, Hearst Magazines announced that two new senior executives would be joining its U.S. magazine division. Debi Chirichella, former chief operating officer at Condé Nast Digital, will join as senior vice president, chief financial officer; while Grant Whitmore, former chief operating officer... Continue reading at Folio Magazine

[ Folio Magazine | 2011-10-31 00:00:00 UTC ]
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Print Book Sales Dipped in Canada in First Six Months of 2024

Unit sales of English-language trade print books sold in Canada fell 2% in the first half of 2024 from the comparable period in 2023 at stores that report data to BookNet Canada. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-11 04:00:00 UTC ]
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Laurence King Partners with Met Museum on Games, Gifts

Laurence King Publishing and the Metropolitan Museum of Art have inked a brand partnership to publish a number of games and gifts, inspired by the Met's collection, over the next three years. The collaborative line will launch next month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-10 04:00:00 UTC ]
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Hong Kong and China Print Manufacturers Rising Against All Odds

Uncertain times and a challenging business climate bring out the best in Hong Kong and China print suppliers. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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Chang Jiang Printing Media Is All About Service

Finding “good homes for good projects” is the ongoing mission for Chang Jiang Printing Media founder and marketing director Samuel Chung. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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Printing in Hong Kong and China 2024: All Our Coverage

Uncertain times and a challenging business climate have seen Hong Kong and China print manufacturers sharpening their focus on improving internal processes and end products, fostering deeper client partnerships, and embracing industry challenges and changes as the status quo. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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Why Vox Media’s The Cut Made a Print Issue for September

Vox Media is expanding its print offerings. This year, the digital media company is launching The Cut's first-ever Fall Fashion Issue. The Cut, part of New York Magazine, is competing for lucrative print ad dollars that fashion-focused publications like Vogue and... Continue reading at AdWeek

[ AdWeek | 2024-09-04 17:00:06 UTC ]
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Esmeralda Santiago Felt Invisible in Mainland United States, So She Wrote Herself Into Existence

Esmeralda Santiago’s book When I Was Puerto Rican debuted 30 years ago. This memoir introduced us to Negi (Santiago), a pre-teen with a captivating voice who chronicles her life in rural Puerto Rico in the 1950s. In Santiago’s own words, the memoir captures a world that no longer exists in... Continue reading at Electric Literature

[ Electric Literature | 2024-08-28 11:00:00 UTC ]
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Vault Books to Publish Print Editions of Aethon Books’ LitRPG Titles

Vault Books has announced an expansion of its collaboration with Aethon Books, and will publish a selection of Aethon's popular LitRPG webcomics in print as illustrated light novel adaptations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-26 04:00:00 UTC ]
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Good media news! The Onion is back in print.

Beloved comedy publication The Onion has started back up with a paper-and-ink print edition for the first time in over ten years. As announced on the comedy institution’s website and in a story in The New York Times, The Onion has decided to return to their roots as a newsprint, fish-wrappable,... Continue reading at Literrary Hub

[ Literrary Hub | 2024-08-16 17:57:49 UTC ]
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Moon Unit Zappa on the 'emotional trauma' of her childhood: 'Is genius worth the collateral damage?'

Moon Unit Zappa's memoir is a self-portrait of an insecure and often confused child, worshipful of her absent father, Frank Zappa, and thirsty for maternal affection. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-08-13 10:00:51 UTC ]
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Alexander McCall Smith, King of Kindness

As the freshly knighted author prepares to publish his 25th No. 1 Ladies’ Detective Agency novel, he finds his readers more eager for softness than ever before. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-09 04:00:00 UTC ]
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Storytel Has Profitable Q2, Former Bonnier Exec Named CEO

Outgoing Storytel CEO Johannes Larcher touted a sales increase of 9% and operating profit of $4.4 million in its second quarter as "the best financial performance in the history of the company." Larcher's replacement, Bodil Ericsson Torp, starts on October 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-31 04:00:00 UTC ]
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Thorndike Brings Spanish-language Large Print to Young Readers

Reps say Spanish-language large print books are a great way for young English-language learners to improve their reading skills while staying connected to their cultural backgrounds and enjoying the same works as their English-speaking peers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-26 04:00:00 UTC ]
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Russian missiles destroyed one of Ukraine’s largest book-printing presses.

Photo by Laurel Chor and NPR NPR reports that this May, the printing press Factor Druk in the Ukrainian city of Kharkiv was devastated by a Russian missile attack, taking the lives of seven employees and wounding more than 20 others. The attack also destroyed thousands of books and much of the... Continue reading at Literrary Hub

[ Literrary Hub | 2024-07-18 17:02:49 UTC ]
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Religion Print Sales Up 12% in First Half of 2024

The top-selling religion book in the first half of the year was 'Mostly What God Does' by Savanah Guthrie, with Bibles and titles by Lysa Terkeurst and Sarah Young also helping to drive up print sales of religion books in the first six months of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-07-16 04:00:00 UTC ]
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