From Sports Illustrated to People to its namesake magazine, Time Inc., was always an innovator. But now when the troubled magazine industry is facing its greatest challenge, the company Henry Luce founded is struggling to find its way in a digital world.
Time Warner is in talks to sell the majority of its Time Inc magazine division to Meredith Corp, according to a source familiar with the situation. The valuation being ascribed to Time Inc, with titles such as Time, Sports Illustrated and People, ranges from $2 billion to $3.5 billion.
U.S. magazine sales fell nearly 10% in the first half of 2012, a troubling sign for print publishers that suggests Americans are still being careful about discretionary spending.
The classic graduation gifts are perfect for someone headed for an artist's colony or off on a vacation. But with half of recent college grads unemployed, the best gifts are ones that will help put them on the fast track to a job. Here are five smart options.
Why wait for the postman to deliver your next copy of Glamour or Golf Digest when you can print it out at home? This is the half-baked idea that Hewlett-Packard and magazine mogul Conde Nast are proposing this week. The two companies are teaming up to offer printer-fueled content from Conde Nast magazines including Allure, Wired, and Epicurious.
Magazine executive John T. Elduff recently paid $2,000 for the trademark rights of the once-renowned weekly Collier's, which went bankrupt in the 1950s. His plans to bring it back to life as a print publication aim at folks who'll recall the name: those in the 50- to 90-year old demographic.
Newsweek and The Daily Beast have finally agreed to merge. But with each business struggling, the new entity may be more like a marriage of two wounded media operations.
Amazon.com says it will pay more for newspapers and magazines on its Kindle e-book reader. It will now pay publishers 70% of retail price, up from paying about one-third of the retail fee for The Wall Street Journal last December. Will more content help Kindle compete with the iPad?
Publishers talk about the iPad, Kindle and other tablets as their salvation. New consumer research suggests that view may be well-grounded: Tablet users are devouring more content -- and are reconciled to paying.
People wants to use magazine photos on its iPad app for free, claiming the app is merely a product extension, not new content that must be additionally paid for. The photo agencies disagree, and they're threatening to pull their photos.
Former White House social secretary Desiree Rogers resigned from her last job after an uninvited couple crashed a state dinner. But she's moved on from the embarrassing party crashers incident: She's just been named the new CEO of Johnson Publishing, which publishes Jet and Ebony magazines.
The citizens of Red State America are hopping mad, and they're doing something about it: buying magazines. Titles for gun lovers, hunters, conservatives and Nascar fans were among the fastest-growing publications in the first half of 2010.
Magazines have been generating all kinds of hype for their iPad editions, but if you read what customers who bought the digital versions are saying, it's not very nice.
Washington Post Co. got what just it wanted: Someone else to take the blame for killing Newsweek. Of all the bidders, the 91-year-old audio-gear mogul is least likely to make the changes needed for long-term survival.
A management overhaul at Conde Nast is meant to help its iconic magazines -- including Vogue, Vanity Fair and The New Yorker -- flourish in this century as they did in the last.
Conde Nast was ruthless with its print magazine titles in 2009, shuttering many niche favorites like Domino. Fans were thrilled this week when content from Domino began reappearing under the Brides magazine masthead on the company's Brides.com website.
David Carey had the inside track to becoming Conde Nast's next CEO, but instead he's been named president of archrival Hearst Magazines. Among his hits at Conde Nast are The New Yorker, Wired and Golf Digest. Portfolio didn't fare so well.
The other shoe is about to drop at BusinessWeek. Shortly after taking over the magazine, news giant Bloomberg pruned its staff by a reported 30% and made it known that more downsizing would come sometime before May. Sources say that round will begin Thursday.
Dow Jones and Co., a unit of News Corp., announced Tuesday that it is buying out Hearst's remaining 50% stake in SmartMoney, making Dow Jones the sole owner of the personal finance magazine.
