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Posts Tagged ‘Frank A. Bennack’

Hearst Turns 125

Hearst has a reason to celebrate. This week marks the media company’s 125th birthday.

It grew from a single San Francisco newspaper acquired by William Randolph Hearst in 1887 to a New York-based global operation with more than 20,000 employees.

Here are a few highlights from its history:

  • Good Housekeeping Research Institute
  • Launch of Cosmopolitan
  • Connecting viewers of WBAL in Baltimore to color TV in 1952
  • Launch of Motor
  • Invested in Pandora
  • Recent acquisition of 100 magazines (including ELLE) from Lagardère
  • Expansion into healthcare industry companies with the likes of First DataBank

CEO Frank A. Bennack, Jr. wrote a note looking back at Hearst’s history, fifty years of which he’s been a part of. Here are some excerpts:

In this very special year, there can be no more perfect connection between legacy and the future: Our revenue will be nearly equally split between print and electronic media, and digital revenue will approach the company’s total revenue in our centennial year, 1987.

Read more

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For the First Time, Hearst Hires a CTO

Times are a changing. And for Hearst, that means hiring its first chief technology officer.

Philip R. Wiser, a digital entrepreneur and former chief technology officer of Sony Corporation of America, will start February 1. Most recently, Wiser was the chairman and president of Sezmi Corporation, a provider of broadband-broadcast hybrid TV solutions that he co-founded in 2006.

“Phil’s been on the front lines of the digital convergence,” said Frank A. Bennack, Jr., CEO of Hearst Corporation. “His experience as chief technology officer of a major media company and building digital companies in two different fields — television and music — will certainly help our businesses grapple with the changing landscape and continue to provide the best media and information products possible.”

“Hearst has been pushing the envelope in the digital arena for some time and has been very successful in leveraging its products and brands through new channels,” Wiser said. “I see great future potential and I’m delighted to join Hearst to help accelerate its efforts and maximize digital market opportunities across the corporation.”

 

First Paley Center Awards Set for 2012 in NY

paley center.jpg

There are the Emmys and Golden Globes, among the many awards shows. But you can add another to the list of annual awards telecasts.

The Paley Center for Media, formerly the Museum of Television and Radio, will offer its first television awards beginning in May 2012.

“We believe the awards committee has made significant progress in identifying the ways to achieve our objectives, and we will continue to carefully refine our plans to leverage those assets as we further refine the nominations process, voting, judging and award categories in the months ahead,” Pat Mitchell, Paley Center CEO and president, said.

That awards committee was formed in March.

“The Paley Center has considerable curatorial expertise and occupies a unique position at the intersection between the industry and the viewing public,” Frank A. Bennack, Jr., chairman of the Paley Center, said in a statement. “Our goal is to put our own distinctive stamp on honoring the great work being done by so many in the media community.”

The Paley Center, with locations in New York and Los Angeles, was founded in 1975 by William S. Paley.