Posts Tagged ‘TV Guide’
According to Fine, OpenGate Capital, the private equity firm that bought TV Guide magazine last year, and Bruce Wasserstein, who picked up New York magazine in 2003, have both shown interest in BusinessWeek, which is currently owned by McGraw-Hill.
Although some financial information was already sent out to interested parties six weeks ago, the magazine’s management is going to be making full presentations soon, starting as early as the end of next week or early August, Fine said. Other companies will most likely attend the presentations besides OpenGate and Wasserstein, but McGraw-Hill is remaining mum.
Fine also uncovered some of BusinessWeek‘s financial data, after the jump
The Printed Blog Stops Printing|Gannett Names New Communciations VP|Newspaper Ad Fail|Kliger Joins TV Guide|Bercovici Not Working For Mediaite — Now He’s Ranked 152
WebNewser: The Printed Blog, which acquired content from bloggers and printed it in newspapers, is ceasing operations due to lack of outside investment capital.
FishbowlDC: Gannett is focusing more attention on “Content One,” a new initiative to “drive for more united coverage and transparent content across all of Gannett’s properties,” naming Robin Pence to the VP of Communications slot and allowing Tara Connell, the former Communications head, to focus all of her energy on Content One.
MediaJobsDaily: These newspaper ads are not helping.
Magazine publisher Meredith Corp. today promoted Chief Revenue Officer Tom Harty to president overseeing the house’s consumer magazines. He will retain his CRO title as well as the position of executive vice president of Meredith Publishing Group, the company said.
But, in addition to overseeing company-wide sales efforts and various media networks — including the Parents Network, Ladies’ Home Journal, Fitness, Traditional Home, Midwest Living and Hispanic Ventures, which includes four Spanish-language magazines — Harty will also be assuming control over editorial and creative functions for the company’s New York-based titles.
According to Meredith Publishing Group President Jack Griffin, Harty was integral to Meredith’s recent success.
“Under his direction, Meredith Magazines has grown its advertising market share considerably during this period, especially for the first half of 2009, when our share of magazine advertising in our competitive set is up four percentage points over 2008,” Griffin said.
One of Harty’s innovations was Meredith 360°, a “cross-media integration business unit,” that helped grow and expand Meredith’s Corporate Sales and Marketing efforts.
Harty, who joined Meredith in 2004, previously worked as senior vice president and general manager for the Golf Digest Companies, which are owned by Advance Magazines, a division of Conde Nast. He has also held positions at TV Guide, Reader’s Digest, McCall’s, Forbes and publisher Gruner & Jahr USA.
Full release after the jump
Forget Jon & Kate, Michael Jackson‘s death may be the latest event to help resuscitate the faltering magazine industry. After news of his death broke on Thursday afternoon, magazines rushed to honor the pop star.
Today, Time magazine has a commemorative issue hitting newsstands. The issue features memories of Michael from a laundry list of his famous friends and admirers, including Stevie Wonder, Whitney Houston, Tina Turner and Nancy Reagan.
— DIANE CLEHANE
It’s a lo-cal edition of ‘Lunch’ today. After all, you can’t expect to indulge in a diet rich in celebs and boldface names every week. We’ve spoiled you, I know. (By the way, if you’re looking to chat with some big-time media mavens and news makers, don’t miss the first TVNewser Summit on March 10.) After settling in at the bar, I went searching for tasty tidbits and found some of the regulars ready to serve up some interesting morsels. Men’s Health honcho David Zinczenko, who was praised in Keith Kelly‘s column in today’s New York Post as “a winner” and “the face” of Rodale, returned to the dining room after a long absence. “I’ve been having a lot more lunches at my desk,” Dave told me. Fresh off a round of appearances for his latest Eat This, Not That blockbuster book, Dave was lunching with Michael Caruso, the former editor-in-chief of Men’s Journal now with OpenGate Capital, the equity fund that recently bought TV Guide. No one multitasks like Dave, who was thrilled to show me the April issues of Men’s Health and its increasingly successful sister, Women’s Health, which boasts its first-ever beauty ‘flip cover.’ Dave is thrilled with new-ish hire Michele Promaulayko as editor for Women’s Health and was singing her praises with what she’d done with her first issue. “She’s already a star,” says Dave.
As luck would have it, Michele was right across the room lunching with The Food Network’s Giada De Laurentiis so I went over and introduced myself. Michele told me she was “thrilled” to be with the title, and we chatted about the always interesting experience of interviewing and shooting celebs and dished over what makes for a great fashion story. I told her I loved the piece on dressing for work. It looked terrific and oh-so-chic. We both agreed service has its place, but the pictures have to dazzle. And in her premiere issue, they do. “Fashion cred is important,” Michele told me. You’ve got it.
At the bar, there was plenty of conversation among Michael McCarty and his staff about the design for the new label for the upcoming release of his 2005 Pinot Noir from The Malibu Vineyard Rambla Pacifico. It’s his first since replanting in 2000 (in case you were wondering). We cast our vote to stay with the classic but modern look of the 2004 label. Sommelier Seth Liebman tells me the talk also turned to wine yesterday when Jack Kliger, an avid collector, wanted to enjoy a glass of 1970 Les Forts de Latour and didn’t want the rest of the bottle of the impressive vintage to go to waste, so he graciously offered some to director Stephen Daldry. Cheers!
Here’s the rundown on today’s crowd:
TV Guide talks with Dancing With The Stars judges Bruno Tonioli and Carrie Ann Inaba about whether Paula Abdul should be a contestant on the upcoming season — as if FOX would let her.
DWTS hostess Samantha Harris tells FBLA exclusively: “I’ve known Paula for years and would be ecstatic if she was on our show. She sure would up the game for the competitors but also would stir up controversy since she’s known for her choreography! A little drama is always fun to mix things up!”
It took TV Guide and Spike TV money, time and marketing research effort to figure out what Desperate Housewives casting agents knew instinctively (and Sex and the City agents did not): Men will watch chick shows if the chicks on those shows are sufficiently hot.
MediaPost’s Wayne Friedman suggests the TV Guide Network needs a bigger picture. Macrovision is buying the Gemstar assets, including TV Guide magazine, website and the cable network. The TV channel underperforms:
TV Guide Network is in some 81 million homes. But like some other networks of its type and size–Hallmark Channel, for instance–it grabs on average just 3 cents a subscriber per month from cable operators. Last year TV Guide Network pulled in a modest $130 million in national advertising revenue.
Friedman doesn’t mention that the programming sucks (Lisa Lips Rinna and stale VH1 reality shows don’t cut it). Sorry for the inelegant phrasing. The magazine and website are doing well, with lively writing and personalities, but pulling the plug on the mortibund cable channel would be the best plan.
Bill Hamilton comments that Hallmark Channel provides a quality product, which leads to commercial success. What a novel strategy! But that requires hiring executives and producers with a functioning brain stem, and you know how troubling that can be.
TV Guide surveys the Presidential hopefuls and finds out that they watch TV.
Hillary Clinton is a fan of HGTV makeover shows, Grey’s Anatomy, American Idol, and Dancing with the Stars, but her all-time TV favorite is The Ed Sullivan Show. And she lies like a rug.
Barack Obama tells TV Guide that his favorite TV character of all time is “SpongeBob SquarePants, because SpongeBob is the show I watch with my daughters.” His favorite TV shows of all time are M*A*S*H and The Wire. Cute answer, but we’re not buying it.
John Edwards is a fan of Boston Legal, and tells TV Guide that his viewing guilty pleasure is “Fred Thompson on Law & Order.” This has to be the wittiest thing he’s ever said.
Dennis Kucinich is a fan of late-night TV, citing The Tonight Show, Late Show, The Daily Show, The Colbert Report, and Saturday Night Live as his favorites. “When I get a chance to watch TV, it’s usually late in the evening,” he tells TV Guide. “Those shows have brilliant writers. It’s just great to watch them.” He also adds that he doesn’t mind being the punch line of their jokes. “It’s hilarious. I take what I do seriously, but I don’t take myself seriously.” He”s SOOL with the strike and too cheap to get Tivo.
John McCain lists Prison Break among his favorite TV shows “because as a fellow prisoner, I always dreamed and plotted how I would break out of the Hanoi Hilton,” he tells TV Guide. Sadly, we believe him.
Mitt Romney tells TV Guide he is a fan of Lost because it has “a very captivating plot, and if you live a busy life, escape is always welcome.” You were expecting The Dog Whisperer?
Fred Thompson’s favorite TV show is SportsCenter. He tells TV Guide, “I always need to stay up on my Titans, Vols, Vanderbilt and, of course, my Memphis Tigers.” We believe him, but wish we didn’t.