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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With all but one category posting increases, unit sales of print books rose 8% in the week ended Aug. 22, 2020, over the comparable week in 2019 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-28 04:00:00 UTC ]
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Print Units Post Double-Digit Gains in Mid-August

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[ Publishers Weekly | 2020-08-21 04:00:00 UTC ]
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August Kicks Off with Big Gain in Print Unit Sales

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[ Publishers Weekly | 2020-08-14 04:00:00 UTC ]
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Print Unit Sales Close July With 15% Increase

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[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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Print Unit Sales Jump by 20% In Late July

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[ Publishers Weekly | 2020-07-31 04:00:00 UTC ]
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What Media Buyers Think About Print Cuts at O, The Oprah Magazine

After more than 20 years in production, Oprah Winfrey's eponymous magazine O, The Oprah Magazine, will reconsider how often it prints in 2021. The magazine, which launched in 2000 in conjunction with Hearst Magazines, was an expansion of Winfrey's "Live your best life" motto. It is scheduled for... Continue reading at AdWeek

[ AdWeek | 2020-07-28 19:52:06 UTC ]
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[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
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[ Publishers Weekly | 2020-07-10 04:00:00 UTC ]
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Print Units Post Surprising Increase in First Half of 2020

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[ Publishers Weekly | 2020-07-10 04:00:00 UTC ]
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[ Publishers Weekly | 2020-07-03 04:00:00 UTC ]
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[ Publishers Weekly | 2020-07-02 04:00:00 UTC ]
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[ Publishers Weekly | 2020-06-25 04:00:00 UTC ]
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[ Publishers Weekly | 2020-06-19 04:00:00 UTC ]
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[ Publishers Weekly | 2020-06-17 04:00:00 UTC ]
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[ Publishers Weekly | 2020-05-21 04:00:00 UTC ]
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