PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Hearst Communications, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Conde Nast and Hearst Magazines Partner to Create PubWorx - New Independent Entity to Take Over Production, Procurement and Circulation Management for Both Media Companies; PubWorx Will Provide Portfolio of Customized Resources For Publishers Across the Industry - CondeNast.com / Hearst.com
Conde Nast and Hearst Magazines Partner to Create PubWorx

 

NewswireToday - /newswire/ - New York, NY, United States, 2016/02/04 - New Independent Entity to Take Over Production, Procurement and Circulation Management for Both Media Companies; PubWorx Will Provide Portfolio of Customized Resources For Publishers Across the Industry - CondeNast.com / Hearst.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Books/Publishing/Newspapers Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Industry Veteran Al Perruzza Named President and CEO
Condé Nast and Hearst Magazines, two of the world’s largest magazine media companies, today announced the formation of PubWorx, a new, independent company that will manage production, procurement and circulation management for both publishers, and offer custom programs across the industry. Industry veteran Al Perruzza, most recently executive vice president, business operations at Reader’s Digest, has been appointed president and CEO of PubWorx, and will report to a board comprised of executives from Condé Nast and Hearst Magazines. The announcement was made by David Carey, president of Hearst Magazines, and Bob Sauerberg, president and chief executive officer of Condé Nast.

PubWorx, a 50/50 joint venture, will incorporate staff and back-office functions from Condé Nast and Hearst Magazines, and will offer third-party companies a range of products and services, including procurement, production, and full-service, end-to-end circulation management operations.

“PubWorx is an innovative new company that combines the commitment to excellence and publishing expertise of both Condé Nast and Hearst, and offers it to third-party companies for the first time,” Sauerberg said. “Having the two parent companies as its first clients sets PubWorx up for success and we are looking forward to the new company developing untapped business opportunities with its unique position in the market.”

“We’re thrilled to continue building our business relationship with Condé Nast,” Carey said. “In addition to serving Hearst and Condé Nast, Pubworx will provide important, turn-key infrastructure for the industry, allowing publishers to access the scale of our two companies for production and circulation functions, freeing them to concentrate on innovation, content creation and advertising revenue.”

PubWorx is the latest instance of Hearst and Condé Nast working together to maximize opportunities; the two publishers formed Comag, a marketing and retail distribution company, nearly 40 years ago. Comag U.S. was sold in 2012; Hearst and Condé Nast continue to own and operate the business together in the U.K. In addition, Hearst Newspapers and Advance Publications, parent company of Condé Nast, have worked together on procurement for many years.

Perruzza is a seasoned publishing executive with a successful track record in both private and public sectors. While executive vice president, business operations at Reader’s Digest, he introduced a global supply chain organization and executed a fivefold improvement of back-office efficiency across Reader’s Digest companies. He holds a Bachelor of Science degree from City College of New York, a Masters from Columbia University and an MBA from Pace University.

“I’ve spent my career developing and perfecting end-to-end operational functions at scale,” Perruzza said. “I’m excited to work with the most talented teams in the business to drive innovation for Hearst and Condé Nast, as well work with colleagues across the industry to build tailored, impactful programs that position their organizations for increased efficiency and growth.”

For clients, services are customized and will include:

Procurement. Purchasing and supply chain management including paper, printing and distribution.
Production. Efficient, high-quality work flows, systems and technologies; quality control and distribution planning for subscription and retail delivery.
Circulation Management. Management of subscription acquisition and retention operations, and retail operations including in-store programs.

About Hearst Magazines
Hearst Magazines is a unit of Hearst (hearst.com), one of the nation's largest diversified media and information companies. With 21 titles in the U.S., Hearst Magazines reaches 78 million readers and 70 million site visitors (comScore), with a social media following of 88 million. In addition, the company publishes close to 300 editions and 200 websites around the world. Hearst Magazines Digital Media includes 21 websites for brands such as Cosmopolitan, ELLE, ELLE DECOR, Esquire, Good Housekeeping, Marie Claire, Seventeen and Delish.com. The company also includes iCrossing, a global, full-service digital marketing agency.

About Condé Nast
Condé Nast (condenast.com) is a premier media company renowned for producing the highest quality content for the world's most influential audiences. Attracting 143 million consumers across its industry-leading print, digital and video brands, the company's portfolio includes some of the most iconic titles in media: Vogue, Vanity Fair, Glamour, Brides, Self, GQ, The New Yorker, Condé Nast Traveler, Allure, Architectural Digest, Bon Appétit, Epicurious, Wired, W, Golf Digest, Golf World, Teen Vogue, Ars Technica, The Scene and Pitchfork. The company's newest division, Condé Nast Entertainment, was launched in 2011 to develop film, television and premium digital video programming. In 2015, the corporation was recognized as one of the fastest-growing companies in the digital video business and was one of LinkedIn's Top 25 Most In-Demand Employers. The company has recently relocated to its new global headquarters at 1 World Trade Center, where it plays a leading role in the resurgence of Lower Manhattan.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Books/Publishing/Newspapers Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Hearst Communications, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Books/Publishing/Newspapers articles,
CATCH Visitors via Your Competitors Announcements!


Conde Nast and Hearst Magazines Partner to Create PubWorx

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Hearst Magazines | PubWorx
Publisher Contact: Press Office - Hearst.com 
212-649-2577 press[.]hearst.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Hearst Communications, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Books/Publishing/Newspapers via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Hearst Communications, Inc. / Company Profile


Read Books/Publishing/Newspapers Most Recent Related Newswires:

Hearst Magazines to Introduce New Magazine Brand with Food Network Sensation Ree Drummond - The Pioneer Woman
Dusk Comics Flagship Comic Takes New Form
Hearst Agrees to Acquire CAMP Systems International, Inc. - A Leading Aviation Software-as-a-Service Company
Wiley Celebrates the 2016 Nobel Prize Laureates
Book Recounts A Year of Backpacking World Travel by An American and An Aussie Lady
Debut Author Joins the Trending, Most Unreliable Narrators List for Young Readers
American Institute of Ultrasound in Medicine Selects Wiley to Publish the Journal of Ultrasound in Medicine
S&P Global Platts to Launch Fujairah Oil Products Price Assessments
Ranku Acquired by Wiley
S&P Global Platts Launches Formal Consultation on Shift to Asia ULSD Benchmarks
Pixel Hall Press Celebrates the 2nd birthday of 'Traveling Left of Center & Other Stories'
Independent Author from Cape Town, Richard Gradner Launches His Second Novel - Unicorn in Cape Town
Wiley Signs Definitive Agreement to Acquire Atypon
American Geophysical Union Partners with Wiley to Take on New Geohealth Initiative
Wiley to Publish Molecular Oncology Bringing together All Four Journals from the Federation of European Biochemical Societies At FEBS Press

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)