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Portfolio.com Maghound, which debuts next month, will allow consumers to pay one price for a flexible mix of monthly magazines. "Look at TiVo, iTunes, Netflix," says Maghound president Dave Ventresca . "They have raised consumer expectations of how much control they should have over their media choices. We haven't seen that kind of innovation in the magazine space. ...The model we're following is...
IRVING, Texas--(BUSINESS WIRE)--Country Music Television (CMT), a unit of MTV Networks and Viacom, in partnership with Faith Time Inc., announces the formation of Faith Time, a religious
The backlash against remnant ad networks appears to be gaining, as Time Inc. is considering whether to move towards the model offered by premium vertical nets like fashion-focused Glam Media, Mediaweek reports . The piece also profiles Rodale's migration away from reliance on using third party ad nets to handle unsold inventory to focus on premium placement and verticals. Rodale says its network of...
Jeff Bewkes has been sitting at the desk where the Time Warner ( NYSE: TWX ) buck stops for seven months now, and beyond the Time Warner Cable ( NYSE: TWC ) spin and the New Line trim we're not all that much closer to his full vision of the company. It's really quite simple, though, contends Tim Arango in a sprawling Sunday biz story —it's all about content. Matching it with distribution no longer...
NEW YORK (AdAge.com) -- QSP, the company that takes orders for magazine subscriptions as a way for schools and community groups to raise funds, is changing hands. Time Inc. will acquire the subsidiary from Reader's Digest Association for $110 million in cash.
Huh. No, really...get school-aged kids to flog magazines door to door to bolster revenues. Time Inc. has bought out QSP , a school and youth groups fundraising company that was part of Reader's Digest Association, for $110 million in cash. RD is owned by PE firm Ripplewood Holdings. For Time Inc, the fit is, well, I'll let them describe it: "It sees fundraising as a growing area for subscriptions...
Time Inc. is apparently tired of movie studios riffling through the current issues of their magazines looking for story ideas and is taking control of the situation. The company has announced it will begin producing films, both features and documentaries, based on articles that appear in its stable of magazine titles. Time is partnering [...]
Here's one way to bolster flagging magazine sales : get school-aged kids to flog them door to door. Okay, not really, but… Time Inc. the publishing arm of Time Warner ( NYSE: TWX ), is acquiring QSP from Reader's Digest for $110 million. What's QSP? They provide fundraising services to schools, allowing kids to sell magazines, cookies and other gifts. Time Inc. says it believes fundraising is a growing...
NEW YORK and PLEASANTVILLE, N.Y., Aug. 7 /PRNewswire/ -- Time Inc. and
The Reader's Digest Association, Inc., today announced that they have
entered into a definitive agreement for Time Inc. to acquire QSP, Inc.,
RDA's school and youth groups fundraising company. The purchase price will
be $110 million cash. The companies expect to close the transaction shortly
after receipt of regulatory approvals...
A few deeper detail on Time Warner's ( NYSE: TWX ) latest quarter can be found in the 10-Q the company has just filed with the SEC: -- Time Inc. : In the press release, the company didn't break out digital revenue for the unit. In the filing it says online contributed 9 percent of the $2.221 billion in revenue, or $199 million for the quarter -- AOL : Display advertising on AOL network sites fell...
Time Warner previously announced it would sell the 84 percent of its cable operations that it still owns to shareholders later this year. That unit delivered 7 percent higher revenue on increases in cable, Internet phone and video-on-demand fees. Basic cable subscribers were flat during a quarter that traditionally sees a drop-off.Home video sales of "I Am Legend" and "The Bucket List" helped the Warner...
BOSTON--(BUSINESS WIRE)--Liberty Mutual today announced that Time Inc. Studios, the production arm of Time Inc., and acclaimed director Geoffrey O’Connor,
In a deal designed to draw on current articles as well as archives dating back to 1923, Time Inc. has launched a studio designed to develop feature adaptations and documentaries based on content from the publisher's magazines, including Time and Sports Illustrated.
NEW YORK (AdAge.com) -- Time Inc. is shifting editorial production of FSB: Fortune Small Business magazine, the title distributed to about 1 million American Express Open card holders, into Time Inc.'s custom-publishing division, which produces magazines including MyFord and Merrill Lynch Rewards.