American Media Inc. is converting almost 25 percent of its outstanding debt into equity holdings for its new owners, the company announced Monday.
Articles by Michael Rondon
Mobile may be next frontier for publishing, but readers have migrated to the platform faster than advertisers—that gap could be closing though.Global mobile advertising revenue nearly doubled in 2013, totaling $19.3 billion, according to a report from the Intera
Consumer magazine circulation was down 1.9 percent through the first half of 2014, according to the Alliance for Audited Media. The group released its semiannual report on Thursday, detailing more than 350 consumer titles in the U.S.
It wasn't big, but printer Quad/Graphics posted a second-quarter profit for the first time since 2011.The company had an operating profit of $500,000 for Q2—an improvement from last year's $5.2-million loss and 2012's $9.6-million hit.
WWE Magazine is ceasing publication after 30 years in print.The news follows a poor second quarter earnings report for ownership group, WWE, that resulted about 55 job
NewBay Media is building out utility around its portfolio of audio-visual titles with the acquisition of AV-IQ from InfoComm International, a trade association in the A/V space.Terms weren't disclosed.
London-based events producer and academic publisher Informa plc has agreed to acquire Virgo Publishing, pending regulatory approval.Terms weren't disclosed.
Martha Stewart Living Omnimedia shed more than 10 percent of its revenue, but managed to turn a profit in the second quarter for the first time since 2008.Overall, the company generated $37.6 million in revenue and a $2.2 million profit, or $0.03 per share, from April through June, according to its earnings report released Tuesday.