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''


Print market soars following second lockdown

For the first full week following the lifting of lockdown restrictions in early December, the print market sold 9.17 million books for £84.7m through Nielsen BookScan's Total Consumer Market—15% up in volume and 17% in value against the same week in 2019. Continue reading at The Bookseller

[ The Bookseller | 2020-12-20 21:38:05 UTC ]
More news stories like this | News stories tagged with: #full week #lockdown restrictions #early december #nielsen bookscan #nielsen


Print Book Sales Rose 16.9% Last Week

With gains across all categories, unit sales of print books rose 16.9% last week over the week ended December 5. Adult nonfiction and juvenile nonfiction led the way with increases of 19.7% and 19.5%, respectively. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-17 05:00:00 UTC ]
More news stories like this | News stories tagged with: #adult nonfiction


Grove Atlantic Raises Entry-Level Pay, Forms Exec Committee

Grove Atlantic has created a six-person executive committee to help CEO Morgan Entrekin run the publisher and increased the entry-level salary to $40,000. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-15 05:00:00 UTC ]
More news stories like this | News stories tagged with: #grove atlantic #entry-level salary


Neima, Mitchell and Allen promoted at Granta magazine

Luke Neima, Josie Mitchell and Rachel Allen have been promoted at Granta magazine.  Continue reading at The Bookseller

[ The Bookseller | 2020-12-01 03:18:32 UTC ]
More news stories like this | News stories tagged with: #luke neima #granta magazine


Ex-PMs unite in Australia in bid to curb power of Murdoch empire

Former rivals to star in Leveson-style inquiry into mogul’s near-monopoly of the country’s mediaIn high public office, both men lived and died at the word of the world’s most influential media mogul, Rupert Murdoch. But now two former Australian prime ministers are at the vanguard of a campaign... Continue reading at The Guardian

[ The Guardian | 2020-11-22 07:30:15 UTC ]
More news stories like this | News stories tagged with: #murdoch empire #rupert murdoch #kevin rudd #malcolm turnbull #news corp


Tory-shaming Manchester United star Marcus Rashford is launching a children’s book club.

As many on this side of the pond may not know, Manchester United and England footballer Marcus Rashford is currently all that stands between the United Kingdom and compete moral ruination. In a year where a particularly grotesque grotesquerie of Brexiteer Tories consolidated power,... Continue reading at Literrary Hub

[ Literrary Hub | 2020-11-17 19:04:34 UTC ]
More news stories like this | News stories tagged with: #book club #manchester united #united kingdom #literary hub #children's book #children’s book


Faber signs King's 'landmark' Welsh history

Faber has signed Brittle with Relics: A History of Wales, 1962–1997, billed as a “landmark” new work by Richard King. Continue reading at The Bookseller

[ The Bookseller | 2020-11-12 01:00:38 UTC ]
More news stories like this |


Debi Chirichella Named President of Hearst Magazines

Debi Chirichella was named president of Hearst Magazines today, after serving in the role in an interim capacity for a little over three months. Before she was named acting president in July, she had been executive vice president and chief financial officer. Chirichella joined the company in... Continue reading at AdWeek

[ AdWeek | 2020-11-11 20:13:08 UTC ]
More news stories like this | News stories tagged with: #named president #hearst magazines #hearst


Bourne unites authors in bookshop support campaign

Author Holly Bourne has launched a campaign to support bookshops during lockdown, involving more than 300 writers so far.  Continue reading at The Bookseller

[ The Bookseller | 2020-11-05 06:38:02 UTC ]
More news stories like this | News stories tagged with: #support bookshops #bookshop


Bertelsmann Buys Quad's Book Printing Plants

In a deal that closed on October 31, Bertelsmann Printing Group USA’s Berryville Graphics division acquired Quad’s book printing plants in Fairfield, Pa., and Martinsburg, W.Va. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-03 05:00:00 UTC ]
More news stories like this | News stories tagged with: #bertelsmann


Second print run for British bookshops travelogue

Fairlight Books is ordering a second print run of its c.e.o. Louise Boland's travelogue, Bookshop Tours of Britain.  Continue reading at The Bookseller

[ The Bookseller | 2020-11-03 02:57:21 UTC ]
More news stories like this | News stories tagged with: #print run #fairlight books #bookshop


Unit Sales Declined 5.1% Last Week

With declines in all categories except adult nonfiction, unit sales of print books fell 5.1% last week at outlets that report to BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-28 04:00:00 UTC ]
More news stories like this | News stories tagged with: #adult nonfiction


The Salt Lake Tribune Ends Daily Print Edition After Nearly 150 Years

The Salt Lake City newspaper will move to weekly editions. The change will not result in any layoffs in the 65-person newsroom, according to the newspaper’s interim editor. Continue reading at The New York Times

[ The New York Times | 2020-10-27 14:16:05 UTC ]
More news stories like this | News stories tagged with: #weekly editions


Thomas Nelson Pays $3M Judgment to Printing Company

EPAC Technologies was awarded $3 million in compensatory damages from Thomas Nelson last month after an eight-year lawsuit alleging breach of contract and fraud. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-19 04:00:00 UTC ]
More news stories like this | News stories tagged with: #thomas nelson


Our Frankfurt Magazine: Denmark’s Saga Egmont Is Hiring for Digital Releases

With a goal of building digital revenue 'our authors can make a living from,' Saga Egmont's Lasse Horne is staffers for digital. The post Our Frankfurt Magazine: Denmark’s Saga Egmont Is Hiring for Digital Releases appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-10-18 13:25:15 UTC ]
More news stories like this | News stories tagged with: #saga egmont #egmont


Sweet Cherry scoops 10 Dick King-Smith titles

Sweet Cherry is to publish 10 of Dick King-Smith's titles, with the centenary of the author's birth upcoming in 2022.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-15 06:25:31 UTC ]
More news stories like this | News stories tagged with: #sweet cherry


Weekly Unit Sales Slip Again

Despite seven new titles appearing among the top 10 bestsellers last week, unit sales of print books fell 1.2% compared to the week ended September 26. The decline followed a 5.5% unit sales decline in the last full week of September. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #full week #2% compared


Industry Groups Unite in Environmental Initiative

In the first major industry-wide environmental initiative in several years, the Book Industry Study Group, along with BookNet Canada and the U.K.-based Book Industry Communications, have formed the International Green Book Supply Chain Alliance. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #booknet canada #book industry


Release of 'Rage' Led to Small Unit Sales Increase Last Week

Helped by the release of Bob Woodward's 'Rage,' unit sales of print books rose 2.3% last week at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-24 04:00:00 UTC ]
More news stories like this | News stories tagged with: #bob woodward


The first volume of Barack Obama’s memoir is getting a 3 million copy printing this November.

We’ve known for a while that Barack Obama would be coming out with a new memoir. Today his publisher confirmed that the book, A Promised Land, will be released soon after the November elections. The former president isn’t a stranger to the pen. His first memoir, Dreams From My Father: A Story of... Continue reading at Literrary Hub

[ Literrary Hub | 2020-09-17 14:22:21 UTC ]
More news stories like this | News stories tagged with: #barack obama #promised land #memoir