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

LIVE MUSIC in Wilmington Week of April 29 2018

first_imgWILMINGTON, MA — Here are a few opportunities to catch live music in Wilmington this week:Larry GilbertTuesday, May 1, 6pmThursday, May 3, 6pmRocco’s Restaurant & Bar193 Main Street, WilmingtonPianist Ricky LauriaThursday, May 3, 8pmTremezzo2 Lowell Street, WilmingtonKaraoke with Winnell EntertainmentFriday, May 4, 8pmPacific Grove211 Lowell Street, WilmingtonLori & Richard Ruggerio (Husband & Wife Vocalist Duo)Saturday, May 5, 2:30pmWindsor Place of Wilmington92 West Street, WilmingtonNOTE: Know of any other musical performances happening in town this week or in the coming weeks? Let me know at wilmingtonapple@gmail.com.Like 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… RelatedLIVE MUSIC in Wilmington (Week of May 13, 2018)In “Business”LIVE MUSIC in Wilmington (Week of May 27, 2018)In “Business”LIVE MUSIC in Wilmington (Week of March 25, 2018)In “Business”last_img read more

Wilmington Seniors At Shawsheen Tech Encouraged To Apply For Special Rotary Scholarships

first_imgWILMINGTON, MA — Rotary District 7903, which includes Wilmington, is offering ten $500.00 scholarships to graduating seniors that attend a Technical High School.The scholarships will be awarded to seniors that plan to pursue a trade after graduation. The funds can be used to obtain a certificate or license as well as to purchase tools for their trade (electrician, plumber, automotive mechanic, carpenter, beautician etc.)This award is funded by Annual Giving donations to The Rotary Foundation.The application can be found HERE. The application has also been sent to the Shawsheen Tech’s Guidance Department.The application deadline is April 19. The Scholarship Committee will meet in late April to select the winning candidates.(NOTE: The above information was submitted by the Wilmington Rotary Club.)Like 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… RelatedTickets Still Available For Wilmington Rotary Trivia Night On June 14In “Community”Wilmington’s Ice Bucket Challenge Raises $5K For ALS Research, 100+ WHS Students ParticipateIn “Community”VIDEO: Watch The 2019 Shawsheen Tech Scholarship NightIn “Education”last_img read more

Trial Begins For Firefighters Pushing For Equal Pay

first_imgThe Houston Professional Fire Fighter’s Association wanted to put pay parity on the November ballot, but thousands of signatures were not validated in time by the City of Houston.A trial begins today for a lawsuit seeking a court order to force the City of Houston to count the pay parity petitions, so the measure can be eligible for the next ballot.Marty Lancton is president of the Houston Professional Firefighters Association.“This is a fundamental right of the citizens to petition their government. When government doesn’t recognize that, becomes a huge issue,” Lancton told News 88.7.According to the Houston Chronicle, the City Secretary counts the petitions in the order they are submitted unless the law dictates otherwise. Sharelast_img