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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What Publishers Can Learn From the Latest Magazine Shake-Up

Two more publishing companies sent the latest signal about the decline of the print media business this week. On Tuesday, Wenner Media announced the sale of its 25-year-old Men's Journal to American Media Inc. That followed the sale of Wenner's Us Weekly to AMI in March. The next day,... Continue reading at AdWeek

[ AdWeek | 2017-06-24 00:00:00 UTC ]
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Automobile Reveals New Print Look, Expanded Lifestyle Coverage

The 30-year-old, TEN-owned car magazine relaunches this month. The post Automobile Reveals New Print Look, Expanded Lifestyle Coverage appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-06-20 00:00:00 UTC ]
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U.K. Magazine The Drum Bangs the Facebook Gong

Under most circumstances, background information about a conference-room shoot of media company executives would merit, maybe, a couple of tweets. But these are no ordinary circumstances. And so... Doug Zander, U.S. editor for U.K. magazine The Drum, clocks in with a breathless behind-the-scenes... Continue reading at AdWeek

[ AdWeek | 2017-06-16 00:00:00 UTC ]
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Magazine publisher Time Inc. cutting 300 jobs globally

Magazine publisher Time Inc. says it's cutting 300 jobs via buyouts and layoffs as it struggles to adjust to an increasingly digital world Continue reading at ABC News

[ ABC News | 2017-06-14 00:00:00 UTC ]
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Why Time, Conde Nast and other magazine publishers are charging into brand licensing

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[ Digiday | 2017-06-13 00:00:00 UTC ]
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Print Books Weak Spot for Wiley in Fiscal 2017

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[ Publishers Weekly | 2017-06-13 00:00:00 UTC ]
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Solid Gains in the Juvenile Categories Help Drive Units Up

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[ Publishers Weekly | 2017-06-09 00:00:00 UTC ]
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Pottermore launches poster and print collection

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[ The Bookseller | 2017-06-09 00:00:00 UTC ]
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PRH buys literary merchandise company Out of Print

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[ The Bookseller | 2017-06-09 00:00:00 UTC ]
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Hearst Acquires Connecticut Magazine

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[ Folio Magazine | 2017-06-09 00:00:00 UTC ]
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Acquisition Notes: PRH Buys Out of Print; Germany’s Bertelsmann Buys WhiteCloud

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[ Publishing Perspectives | 2017-06-08 00:00:00 UTC ]
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Hearst, Scripps Team Up for Another TV-Inspired Magazine Launch

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[ Folio Magazine | 2017-06-07 00:00:00 UTC ]
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New York Times Magazine Goes All Comics for Its Latest Issue

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[ AdWeek | 2017-06-03 00:00:00 UTC ]
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Hearst Magazines Drives Toward Category Sales

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[ Folio Magazine | 2017-05-31 00:00:00 UTC ]
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Educational Publishing Execs at HMH, Cengage Leaving

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[ Publishers Weekly | 2017-05-26 00:00:00 UTC ]
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Apple News Poaches New York Magazine Executive Editor

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[ Folio Magazine | 2017-05-26 00:00:00 UTC ]
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[ Folio Magazine | 2017-05-23 00:00:00 UTC ]
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[ Publishing Perspectives | 2017-05-22 00:00:00 UTC ]
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[ Folio Magazine | 2017-05-18 00:00:00 UTC ]
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