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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Warner Bros. creates a new unit overseeing big brands, including DC

Warner Bros. Entertainment, now owned by mobile giant AT&T, has formed a new division to make the most of its big brands, including comic book publisher DC Entertainment. The new unit, which carries the buzzword-heavy name of Warner Bros. Global Brands and Experiences, will be led by Pam... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-14 00:00:00 UTC ]
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Juvenile Segments Drive 6% Unit Gain at the End of August

Unit sales of print books in the week ended Sept. 2, 2018, rose 6% over the comparable week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-07 00:00:00 UTC ]
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Booklaunch magazine to offer paid-for book extracts

A new, free magazine titled Booklaunch will be launched later this month, aiming to recreate the experience of browsing a bookshop in print. Continue reading at The Bookseller

[ The Bookseller | 2018-09-07 00:00:00 UTC ]
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Ex-Netflix exec and producer launch database for book adaptations

A US producer and former Netflix executive are embarking on a joint venture, 'TaleFlick', which offers a library of searchable books for adaptation across film, TV and digital media. Continue reading at The Bookseller

[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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Corsair to publish Q magazine's rock star's guide to life

Corsair is publishing The 10 Commandments, a "rock star’s guide to life" from Q Magazine. Continue reading at The Bookseller

[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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Books by Han, Kwan Drive Unit Gains in Late August

With all four categories posting modest increases, unit sales of print books rose 3% in the week ended Aug. 26, 2018, over the comparable week in 2017, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-31 00:00:00 UTC ]
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The Atlantic Taps Facebook Exec as Chief Business and Product Officer | People on the Move

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[ Folio Magazine | 2018-08-30 00:00:00 UTC ]
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Fashion Magazines and Their Dramatic September Weight Loss Stories

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[ Folio Magazine | 2018-08-28 00:00:00 UTC ]
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The Magazine Industry’s David Pecker Problem

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[ Folio Magazine | 2018-08-24 00:00:00 UTC ]
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Printing in Hong Kong & China 2018

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[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
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Black Light Printing in "Find Monsters"

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[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
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Omarosa's 'Unhinged' Moves 33,483 Print Copies In First Week

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[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
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Checking on the Printing Business in Hong Kong & China

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[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
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Going Beyond Protecting the Print Book

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[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
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Fatherly Taps Condé Nast Exec as VP of Marketing | People on the Move

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[ Folio Magazine | 2018-08-23 00:00:00 UTC ]
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Teens Shun Print Mags, MPA Takes USPS to Task, and More News & Notes

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[ Folio Magazine | 2018-08-22 00:00:00 UTC ]
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[ Folio Magazine | 2018-08-16 00:00:00 UTC ]
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[ Folio Magazine | 2018-08-15 00:00:00 UTC ]
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[ Folio Magazine | 2018-08-15 00:00:00 UTC ]
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