Is Time Inc Inching Toward a Sale

first_imgAddressing a media conference in London, Time Inc.’s chieffinancial officer John Martin said he expects the Time Inc. publishing unit tobe a “growth business,” despite a “difficult secularenvironment” in print advertising, according to a Marketwatch report.Here’s the important part: “Digital revenues are now close to 15% of allrevenues at Time Inc.”:Martin did not rule out the sale of certain magazine titles,but added that one thing necessary to make the business grow is “economiesof scale,” and thus Time Inc. must maintain a strong roster ofpublications.It seems like every time a Time Warner executive speaksabout the future of Time Inc., it’s in decidedly cryptic drips and drabs, andno real numbers attached. So Martin’s were, at once, refreshing/maddening.But he’s clearly been following the path Jeff Bewkes, TimeWarner CEO [pictured], his boss, has been laying out ahead of him. Here’s what Bewkes said inFebruary: “We’re good at publishing. We’re a leader in theindustry. It’s a good business we think. As it expands out beyond print intodigital we think it can turn into a growth business,” Bewkes said, addingthat keeping Time Inc. intact “depend[s] on our being able to demonstrate thatto ourselves and our investors.”All of this is reason enough to dust off this post, entitled”What aTime Inc. Spin-Off Might Look Like.”last_img read more

Recent Wilmington Real Estate Transactions

first_imgWILMINGTON, MA — Below are the real estate transactions in Wilmington during the week of January 6, 2019:Address: 7 Allgrove LanePrice: $589,000Buyer: William & Kara FitzpatrickSeller: Paul & Shelia McMahonDate: 1/11/19Use: 1-Family ResidenceLot Size: 25,265sfAddress: 18 Beeching AvenuePrice: $342,000Buyer: Christopher & Maria ThigpenSeller: Barry & Joan LeBlancDate: 1/11/19Use: 1-Family ResidenceLot Size: 7,405sfAddress: 10 Hensey Way, Unit 4Price: $609,900Buyer: Mary & Paul DowningSeller: Spruce Farm LLCDate: 1/8/19Use: CondoLot Size: n/aAddress: 102 Morse AvenuePrice: $650,000Buyer: Venkata AtkuriSeller: David McCure, Jr., Trustee for Tieri RTDate: 1/11/19Use: 1-Family ResidenceLot Size: 43,124sfLike Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedRecent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”last_img read more

UPDATE Harris County Commissioners Court Decides Not To Vote On Sanctuary Cities

first_img X Al OrtizJudge Ed Emmett (center) presided the Commissioners Court bi-monthly meeting held on July 11th that debated whether Harris County will join the lawsuit against SB4.Harris County will not sue the State of Texas over SB4, the new state law that will allow members of law enforcement agencies to ask the public about immigration status and the Commissioners Court meeting got heated when the matter was discussed on Tuesday.Immigration activists and elected officials urged the Commissioners to join the lawsuit against SB4.Texas State Senator Sylvia Garcia was among those who voiced their concerns and told the Court, “[T]his bill cannot be implemented without racial profiling and that’s what it will lead to.”Judge Ed Emmett acknowledged that, on a personal level, he shares some of the worries.“Clearly, the show me your papers aspect of Senate Bill Four is a vast overreach,” Emmett noted during the debate, which got heated when a member of the audience demanded that the Judge and the commissioners take action.“If you do not lead now we will run you over and vote you out of office! You’re on notice!” the woman told the Court as Emmett asked for her to exit the Court’s chamber.Towards the end of the meeting, Precinct 1 Commissioner Rodney Ellis proposed a motion to join the lawsuit.At that moment, Precinct 2 Commissioner Jack Morman said he has “serious concerns” about SB4, but added that suing the state over it could set a “dangerous precedent.”Neither Emmett nor any other commissioner supported Ellis’ motion and, ultimately, the Court didn’t hold a vote about Harris County joining the litigation.After the meeting, the Judge addressed the question and noted that “we’re not even sure we can sue.”“Technically, the [Texas] Legislature creates counties and abolishes counties. I mean, we are an arm of State government, so, it would be like kind of suing ourselves,” Emmett added.Several counties, including Bexar, El Paso, Maverick and Travis, have joined the lawsuit against SB4, which is supposed to go into effect on September 1st, although one of the goals of the litigation is to impede that. Listen Share 00:00 /01:16 To embed this piece of audio in your site, please use this code:last_img read more

There is nothing called Writers Block

first_img“I never call it Writer’s Block because I know I have to write anyway. I write bad pages if I am feeling blocked and eventually I end up losing them which is painful. But everyday’s hard work is sort of inspirational,” Greer said at the 10th edition of Apeejay Kolkata Literary Festival. The American, who bagged the Pulitzer for his comic novel ‘Less’ in 2018, said he is not going to write anything on his new novel while “in India because it is too much fun here and I am taking a break”. Asked to share some tips for aspiring writers to keep their creativity alive, the man with six fictions in his kitty said: “I think that one should write from their weakest part and about things they are scared to share.” Also Read – Add new books to your shelfHe elaborated that if there is anything hard to write about oneself, it is truly about the person. So it is good to be imaginative to be able to reveal those things in writing. “If someone says to a writer that he/she puts too many dragons in his writing, he should put a full dragon. That is my advice and one shouldn’t let people make them mediocre and become oneself,” he explained. Geere had been writing ‘Less’ as a tragedy and it was not really working when he actually decided to start making fun of the protagonist and while swimming one day he made up his mind to write this book as a comedy. He wanted to celebrate joy. Also Read – Over 2 hours screen time daily will make your kids impulsiveAsked if such recognition can be beneficial for any genre which is going out of fashion, he said: “I hadn’t thought about it, but yes it is possible that this will give courage to other writers to write literature that is a comedy or all of those things that people are bit ashamed to speak about. And especially it gives me a chance to write more on such topics.” ‘Less’ is about Arthur Less, a writer fleeing the humiliation of love, middle-age and failure. In his book, a character actually wins the Pulitzer Prize. “I am confident that this is the only book which talks about Pulitzer and then actually wins it. It never occurred to me that I would actually win it,” he said. The protagonist wears a bright blue suit for the awards which, according to Greer, symbolises his innocence and he wears it with confidence. He thought he would choose something sober for himself in real life but on a friend’s advice he “wore a red suit” for the awards as it symbolises joy.last_img read more

In Patent War Apple and Samsung to Try Mediation Before March Court

first_img Opinions expressed by Entrepreneur contributors are their own. Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. January 9, 2014 2 min read Looking to possibly put an end to the ongoing smartphone patent war, Samsung and Apple have agreed to mediation before their next court date in March. The only people attending the meeting will be Apple CEO Tim Cook, Samsung CEO Oh-Hyun Kwon and their own respective in-house counsel. The companies have agreed to meet no later than Feb. 19. Attorneys from Samsung and Apple met earlier this month to “discuss settlement opportunities,” according to court filings reviewed by Reuters.Related: In a Win for Apple, ITC Orders Import Ban on Some Samsung ProductsIf mediation fails, the technology rivals will face each other in court over Apple’s accusations that Samsung committed patent infringement.Since Apple began litigating against Samsung in 2011 the companies have gone to court twice, with Apple being awarded $930 million. Even outside of the courtroom, Apple seems to be winning on almost every front, including phone and App Store sales. This week Apple announced that users spent more than $10 billion on apps in 2013. Meanwhile Samsung posted a slight drop in profits this week for the first time in more than two years.Related: Obama Administration Makes a Rare Move Defending Apple in a Longstanding Patent War Between Apple and Samsung Enroll Now for Freelast_img read more