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Posts Tagged ‘Hearst Corporation’

William Hearst Named Chairman of Hearst Corporation

William Hearst III has been named the new chairman of Hearst Corporation. Hearst has been a director of the company for over 30 years and is a trustee of the Hearst Family Trust. Hearst succeeds the late George Hearst Jr. as chairman.

“Will has been involved in the activities of Hearst Corporation for decades,” said Frank Bennack, CEO of Hearst, in a statement. “He is a respected media leader, having honed his skills as a newspaper publisher, magazine editor and cable executive. His support and vision as chairman will be invaluable to Hearst moving forward.”

In related company news, the following were named to the board of directors:

  • Mark Aldam, president of Hearst Newspapers
  • Eve Burton, senior vice president and general counsel of Hearst Corporation
  • Mitchell Scherzer, senior vice president and CFO of Hearst Corporation
  • Samia Staehle, an attorney and great-granddaughter of William Randolph Hearst
  • Christian Tarafa, former longtime executive at Hearst Magazines UK and great-grandson of William Randolph Hearst.

Neeraj Khemlani Named Chief Creative Officer of Hearst Corp.

Neeraj Khemlani has been named chief creative officer of Hearst Corporation. Khemlani transitions into this role from Hearst Entertainment & Syndication, where he served deputy group head in charge of non-fiction TV production.

“We want to make sure we offer the best possible user experiences across our brands in all forms,” said Frank Bennack Jr., CEO of Hearst Corp., in a statement. “The genuine value we deliver to readers, viewers, listeners and professional clients through our content determines whether we are successful. Neeraj will work across all our divisions as a champion of the innovation needed to constantly increase that value.”

Khemlani has been with Hearst since 2009.

Leadership Changes at Hearst Television

Hearst Corporation has announced two leadership changes at Hearst Television. David Barrett has been named chairman and CEO and Jordan Wertlieb has been named president.

Barrett, a director of Hearst Corp., most recently served as president and CEO of Hearst Television. He has been with Hearst since 1984, when he served as general manager of the company’s Baltimore-based radio stations.

Wertlieb had been executive vice president of Hearst Television since January of last year. Prior to that, Wertlieb was WBAL-TV’s president and general manager for six years.

Both appointments are effective immediately.

Steven Swartz Promoted to President, COO of Hearst

Steven Swartz has been promoted from executive vice president and chief operating officer of Hearst Corporation to president and chief operating officer. Swartz has been COO since March of last year. Prior to that he was senior vice president of Hearst Corp. and president of Hearst Newspapers.

“Having worked with Steve for more than 20 years, I’m highly confident he will succeed in this new role — just as he has in every position he’s held with Hearst since 1991,” Frank Bennack, CEO of Hearst Corp., said in a statement. “He has my full support, and that of the entire Board of Directors, as he continues to increase his day-to-day responsibilities in helping to run the corporation.”

Swartz’s appointment is effective immediately.

Hearst Opens App Lab

Hearst has opened a lab dedicated to developing apps on the 41st floor of Hearst Tower. The “Hearst App Lab” (let’s hope the developers are more creative than the name) area comes equipped with several high-tech features. There’s a wall of video screens that can be written on and used to display apps, a high definition camera that broadcasts video onto the wall, and furniture that can be altered easily, depending on how big the crowd is.

Adweek reports that Hearst App Lab is expected to draw plenty of people through its doors:

David Carey, president of Hearst Magazines, said the idea was to have a place where employees can learn about the tablet market, develop apps, and brainstorm ideas with advertisers and ad buyers. Hearst will also use it to test its apps with focus.

Sounds like a smart idea. As apps become more valuable to publishers, we can expect these type of areas to increase.

Next Issue Media Releases Magazines on Android Platform

Ad Age is reporting that Next Issue Media (NIM) has finally launched magazine apps on tablets that aren’t called iPad. NIM was hopeful back in January that when it launched it would feature two magazines from each of the publishing houses that own a stake in it (Hearst, Meredith, Conde Nast, Time), but it looks to have fallen short of that goal.

As of now, there are seven magazines available through the Verizon V Cast Store: Time, Fortune, The New Yorker, Esquire, Fitness and Parents. Just like the Apple subscriptions, consumers can purchase a single issue or subscribe for a year.

It’s a good start for NIM, because even though the iPad is the most popular tablet, there are always going to be consumers who want to use something else. Now those people have a way to read some of their favorite magazines on tablets.

NIM is taking a small step here, but that’s better than nothing at all.

For Publishers, The iPad Presents a Problem

Today David Carr takes a look at publishing houses finally shaking hands with Apple, and asks “Is the iPad just a new way to give away magazines?” He says that the companies need to be careful that they don’t give up too much by dealing with Apple, but it seems to be too late for that:

Chip Block, a now retired publishing executive who has consulted all over the industry, worries that publishers are replicating a print model that is short on revenue from consumers and leaves the industry once again reliant on the whims of advertisers.

First of all, can we just appreciate that name for a minute? Chip Block. That is one solid name. We’d believe anything someone with that kind of name tells us. If Chip Block tells us Sunny D is good for your skin, you better believe we’re taking a bath in that yellow crap tomorrow. Anyway! Back to Block’s insights. He says that what Conde Nast and Hearst should be doing is concentrating on making consumers happy, not advertisers:

Read more

Time Inc. Passes on iPad Subscriptions

Conde Nast and Hearst have both recently caved to the whims of the great and powerful Steve Jobs by implementing Apple’s subscription system, but Time Inc. remains unmoved. Steve Sachs, Time Inc.’s Executive Vice President for Consumer Marketing and Sales, tells Ad Age:

We have chosen not to do that [Apple's iPad subscriptions]. Because when we look at who to partner with, the key parts of our principles include, of course, making sure that the look and feel of products is great for consumers, and the ability to set pricing terms but also receiving key consumer data about subscribers. That is one of the major issues for us that we haven’t been able to agree on with Apple.

Time recently declared that print subscribers get iPad versions for free, and it sounds like that’s where it’ll stop. At least for now. FishbowlNY is willing to bet that within a year Time will adopt the system too, especially if the numbers for Conde and Hearst look good.

Time is being the rebel of the group by not bowing to Apple, but while the rebel act works for high school kids who have no intention of ever having a good career and Han Solo, we doubt that it’ll work for Time.

News Corp. Buys Videogame Sites from Hearst

News Corporation has acquired Hearst’s UGO Entertainment, which operates videogame news websites UGO.com and 1UP.com. News Corp.’s IGN Entertainment will operate the UGO brands, and Hearst will become a shareholder of IGN as part of the agreement.

IGN Entertainment President Roy Bahat said of the deal:

This instantly catapults us to another level and positions us to serve and entertain tens of millions more fans.

That’s right gamers, even you can’t escape the controlling grip of corporate America.

Hearst Forms Joint Venture with Producer Mark Burnett

Hearst has announced that it is has invested in TV producer Mark Burnett’s company to form a new venture, which will feature Burnett creating new TV shows and other projects.

Burnett is most widely known for being the brains behind Survivor, so he knows how to produce a hit. Scott Sassa, President of Hearst’s Entertainment and Syndication division, hopes the new venture brings Burnett’s special touch to new heights.

Survivor is to nonfiction what I Love Lucy is to sitcoms; it is the starting point for all of today’s storyline-based unscripted shows,” said Sassa in a company press release. “This venture provides Mark a platform and freedom to continue and grow his unique type of innovation. Together, we have a vision to create shows that have 360-degree businesses built around them. We will create businesses around every screen that are both in- and out-of-home experiences, and linear and interactive in nature.”

Let’s just hope all those expectations bring out more Survivor-like shows from Burnett, and not ones like Commando Nanny (which despite the amazing premise, never saw the light of day). Go ahead, click that link. We won’t judge you.

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