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Posts Tagged ‘Hachette Filipacchi Media U.S.’

Breaking: Hearst’s Deal to Acquire Hachette Titles Complete

It’s being reported that Hearst has finalized the deal with Lagardére to acquire magazines from Hachette. We’ve reached out to Hearst and are awaiting confirmation and further details.

UPDATE:

Paul Luthringer and several other people at Hearst have denied that the deal is complete. They say that negotiations are still ongoing. We’ll keep you posted.

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Meredith Corporation Joins Hunt For Hachette Titles

Are you one of the many people in the city who will be hosting a New Year’s Eve party tomorrow night? Well imagine your party is going great. You’re showing off your Justin Bieber t-shirt collection and everyone is really jealous. Then, right before midnight, Dan, the guy you didn’t invite because he always ruins everything, shows up. He then proceeds to well, ruin everything, by getting wasted and vomiting in the fruit punch. The party, something you carefully planned for what seems like forever, goes from being a perfect night to a terrible one. And all because Dan showed up late and screwed everything up.

If you’re Hearst, Meredith is Dan. Keith Kelly says that Meredith Corporation, owner of such titles as Better Homes & Gardens, Fitness, and Family Circle, has now entered into the fight to gain Elle and other magazines from Hachette Filipacchi Media U.S. (HFMUS). Just last week Kelly reported a rumor that Hearst was in the lead, but now, with the supposed mid-January deadline fast approaching, Meredith appears to be interested in working out a deal. Kelly notes that Hearst could still win out, because Meredith is publicly held, so any deal will have to be approved by shareholders.

Only time will tell if Meredith’s bid to be a Dan at Hearst’s (so far) perfect party happens, so stay tuned.

FishbowlNY’s 2009 Lists: A Timeline Of Magazine Closings

taylor_swift_blender_cover-x622200.jpgIt’s been a tough year for the publishing industry, and magazines in particular have had it rough. Every major publisher has had to shutter at least one of its titles, and some of our favorite glossies have gone to that great magazine rack in the sky.

While it would take forever to list all the over 400 magazines that have folded this year, we here at FishbowlNY put together a timeline of some of the bigger names that were shuttered this year. The bad news? It looks like in the last six months of the year the number of titles snowballed. Here’s hoping that 2010 looks a lot brighter.

After the jump, our timeline

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Breaking: Hachette Shutters Metropolitan Home

methome119.jpgMetropolitan Home‘s December 2009 issue will be its last. Met Home‘s editor-in-chief Donna Warner and her staff will be leaving the company.

Publisher Hachette Filipacchi Media U.S. announced it will cease publication of the shelter magazine and focus its energy in the category solely on Elle Decor. President and CEO Alain Lemarchand said, “It is with a feeling of sadness that I make the announcement to close one of our magazines. However, we believe the best strategy in the upscale shelter segment is to boldly focus our resources and investment on Elle Decor, which is the ad-page leader within the U.S. market.”

Metropolitan Home and Elle Decor had comprised HFM U.S.’s Luxury Design Group led by Deborah Burns, who will remain with the company. As a result of the closure, Elle Decor will now become part of the ELLE Group.

Full press release, after the jump.

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Layoffs at Woman’s Day?

womansday04.02.09.jpgEarlier today, we received an anonymous tip that Woman’s Day laid off six staffers — including the style director and food managing editor — last night:

Woman’s Day cut 6 people from the staff last night, including two pregnant women. The style director, editorial assistant in the style department, the food managing editor, a production person and two designers were all laid off. Leaving the staff with about 20 people to produce a 17-times-per-year publication (and possibly the SIPs who just laid off most of their staff). Woman’s Day‘s art department has been left with one designer and the creative director to design the whole magazine.

We spoke with Anne Janas, senior vice president, corporate communications for Hachette Filipacchi Media U.S., but she declined to comment, citing a company policy that prevented her from discussing personnel moves.

Email us if you know anything.