|
|
writenews.com
|
Monday, August 9th, 1999 Media Cynic | Forum | Advertising | Classifieds | Jobs The Hearst Corporation to Purchase the San Francisco Chronicle The Hearst Corporation and The Chronicle Publishing Company have jointly announced that agreement has been reached for the acquisition by Hearst of the San Francisco Chronicle, a morning newspaper published and distributed in the San Francisco Bay Area. The transaction, which is structured as an asset purchase for cash, also includes the acquisition by Hearst of the SF Gate website. The announcement was made jointly by Frank A. Bennack, Jr., President and Chief Executive Officer of The Hearst Corporation, and John B. Sias, Chairman and Chief Executive Officer of The Chronicle Publishing Company. Hearst also announced that it has engaged an investment banker, Veronis, Suhler & Associates Inc. of New York City, to seek a buyer for the San Francisco Examiner, a six-day afternoon newspaper owned by Hearst. Since 1965, the Examiner and the Chronicle have been printed and distributed under a joint operating agreement (JOA) between Hearst and Chronicle. If a qualified buyer is not found, Hearst stated that it would combine the Examiner with the morning Chronicle. Following the transaction, Hearst said, all of the San Francisco Chronicle newspaper employees and all employees of the San Francisco Newspaper Agency will be offered continued employment. If the Examiner is combined with the Chronicle, Hearst will also offer continued employment to all of the employees of the Examiner. If the Examiner is sold, any employees not offered employment by the buyer will be offered continued employment by Hearst at the Chronicle. The San Francisco Chronicle, with a circulation of 482,268 daily, is the largest newspaper in northern California and the second largest on the West Coast. It was founded in 1865 by Charles and Michael deYoung and has been owned and operated over the succeeding 134 years by their heirs. William Randolph Hearst founded what is today The Hearst Corporation in 1887 when he assumed control of the San Francisco Examiner. For the last 112 years, the Examiner has been continuously published by Hearst. It currently has a circulation of 114,776 daily. Hearst and Chronicle jointly produce and distribute the San Francisco Sunday Examiner & Chronicle, which has a circulation of 605,356. Amazon.com and New York Times Settle Legal Dispute Amazon.com and The New York Times have announced that they have settled a legal dispute over Amazon.com's reference to The New York Times Best Sellers list as part of Amazon.com's 50% off list price program. Under the agreement, The New York Times allows Amazon.com to continue using The New York Times Best Sellers list. Amazon.com agrees that it will continue to supply The Times with its sales data. Amazon.com also agrees to continue to list books on The Times's Best Sellers list in alphabetical order, rather than by numerical sales ranking, to delay posting the list until The Times has made it available to the general public and to continue to include a disclaimer that The Times is not affiliated with and does not endorse Amazon.com. EMAP Petersen and NFL Properties Launch NFL Insider Magazine EMAP Petersen, Inc. and NFL Properties, Inc. have announced the debut of NFL Insider Magazine, with a guaranteed circulation of 1 million, at the Pro Football Hall of Fame in Canton, Ohio. The 180-page preview issue features Terrell Davis of the Denver Broncos on the cover and covers the teams, players, coaches, and strategies that promise to make news during the upcoming season. "Team-by-Team" Scouting Reports provide an inside assessment of the strengths and weakness of each NFL club. "The Buzz" section provides developments and perspectives from around the league. In "Buzzwords", players such as Jason Sehorn and Chris Claiborne talk about their lives on and off the field. Former NFL stars-turned-broadcasters Boomer Esiason and Matt Millen express their sometimes-differing viewpoints in "Oh Yeah, Sez Who?" The "NFL All Access" section provides a behind-the-scenes look at strategy, statistics, and NFL officiating. In "Memory Lane", readers are invited to rediscover memorable players and games from earlier eras. And columnist Scott Ostler closes the magazine with his column "Parting Shots". James D. Dunning, Jr., chairman and chief executive officer of EMAP Petersen, Inc., says, "With the addition of NFL Insider to our current lineup of sixteen sports titles, Petersen dominates the newsstands and delivers the sports fans to our advertisers as no other sports publisher does." John Wiebusch, the magazine's editor-in-chief, brings more than 28 years of NFL experience as the creative force behind a dozen magazine titles and hundreds of books. Wiebusch commented, "Without question, NFL Insider is the most exciting and challenging venture in all my years of producing NFL publications. We want to offer a consistently fresh and innovative look at the most popular sport in America. We want to entertain and educate while taking readers behind the scenes of the game. And with the largest library of pro football photography on the planet, we guarantee the 'Wow!' factor will be a part of every issue." Steve Fox Named Editor-in-Chief Of pcworld.com PC World Communications, Inc. has announced the promotion of PC World magazine editor Steve Fox, who will take the helm as editor-in-chief of PC World Online. In his new role, Fox will lead PC World's expanding online editorial efforts, which will be a cornerstone in IDG's developing Internet business strategy. "Steve is superbly qualified for this position. As editor of PC World, his exceptional talent helped shape award-winning articles and cover packages that rank with the best of magazine journalism," praised Cathryn Baskin, PC World's editorial director. "At the Web Magazine, he developed the publication's vision, recruited a first-rate staff, and executed that vision with expertise, dedication and enthusiasm. In earlier positions at PC World, he shared the same level of commitment, skill, and ideas. We're fortunate to have Steve on board." Fox brings a wealth of publishing and Internet expertise to his new post. For the past 18 months, he has served as PC World's editor. Previously, he was editor-in-chief at The Web Magazine, a monthly consumer magazine (also published by IDG) that he launched, along with its companion website, in September 1996. Before signing on at The Web, Fox spent five and a half years at PC World, first as managing editor, then senior editor, and eventually as executive editor for features. He also oversaw the magazine's alliance projects with publications like Working Woman and Newsweek. Previously, Fox worked for Omni magazine in New York for eight years, four of them as managing editor. Around the Web For Magazines, The Power to Stir Public Debate Seems Lost BookWire Frisco Journalism SF Gate Pitt Press Plans Line of Books or Children Post-Gazette Polo Loses Trademark Suit Brought by Ralph Lauren Media Register The Two-minutes.com Mystery Wired Wife, Husband Team Up to Write Best-selling Novels CNN Click here to return to the homepage of The Write NewsTM Click here to subscribe to our free weekly email newsletter.  www.writenews.com Copyright © 1997-2007 by Writers Write, Inc. All Rights Reserved. |
