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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Weak Print Sales Limit Sales Gains at Wiley

A drop in print revenue in John Wiley's publishing group was offset by increases in the company's other to operating divisions, leading to a 2% sales rise in the quarter ended July 31, 2017, over the comparable period last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-08 00:00:00 UTC ]
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Competitor Magazine Rebrands as Competitor Running

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[ Folio Magazine | 2017-09-06 00:00:00 UTC ]
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Unit Sales Dip 2% Compared to 2016

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[ Publishers Weekly | 2017-09-01 00:00:00 UTC ]
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Final chapter for Pears' Cyclopaedia after 125 years in print

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[ The Guardian | 2017-09-01 00:00:00 UTC ]
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Print, Audio Keep Publishers Moving Ahead

Print and downloadable audio gains countered soft ebook sales in the first half of 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-01 00:00:00 UTC ]
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Chief Executive Group Acquires Corporate Board Member Magazine

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[ Folio Magazine | 2017-09-01 00:00:00 UTC ]
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Yellow Pages to stop printing from January 2019

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[ The Guardian | 2017-09-01 00:00:00 UTC ]
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Obituary: Top Exec at Three Publishers, Howard Kaminsky, Dead at 77

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[ Publishers Weekly | 2017-08-28 00:00:00 UTC ]
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Printing in Hong Kong & China 2017: Asia Pulp & Paper in China

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[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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Beyond the Page: How Magazines are Extending Their Fall Fashion Issues

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[ Folio Magazine | 2017-08-25 00:00:00 UTC ]
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Printing in Hong Kong & China 2017

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[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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Industry Notes: McGraw-Hill and iFlipd Pilot a Weekly Rental Ebook+Print Textbook Program

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[ Publishing Perspectives | 2017-08-25 00:00:00 UTC ]
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T Magazine, Trusted Media Brands Staff Up | People on the Move

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[ Folio Magazine | 2017-08-24 00:00:00 UTC ]
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The Village Voice will silence its print edition after 62 years

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[ The Guardian | 2017-08-23 00:00:00 UTC ]
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The Village Voice Is Killing Off Its Print Edition

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[ Advertising Age | 2017-08-22 00:00:00 UTC ]
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[ Publishers Weekly | 2017-08-22 00:00:00 UTC ]
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Forbes CTO Jumps to Hearst Magazines | People on the Move

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[ Folio Magazine | 2017-08-17 00:00:00 UTC ]
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[ AdWeek | 2017-08-15 00:00:00 UTC ]
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[ Folio Magazine | 2017-08-10 00:00:00 UTC ]
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News magazines enjoy circulation boost while celebrity titles suffer

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[ The Guardian | 2017-08-10 00:00:00 UTC ]
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