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.
