|
Comments to date: 12. This is page 1 of 1.  | Linda Jones Blue Island/Chicago | Posted at 12:04pm on Tuesday, November 1, 2011 | Hi,the people that work with this company seem to be the nices'ever. I seem to have also read nice comments. The only thing I have to say is, how do I become a part of the company? Are the application in an e-mail, link, or maybe you can just tell me what to do to get started. Merchandising, magazines and books distributing is what I interested in. Thank You!!
|
Media Owners editors Boulder Colorado USA | Posted at 10:13am on Thursday, January 20, 2011 | -- January 20, 2011 -- John Bode is now executive vice president and chief financial officer at Source Interlink. He was previously senior vice president of corporate strategy and finance.
|
Mondo Times editors Boulder Colorado USA | Posted at 10:05am on Friday, January 7, 2011 | -- January 7, 2011 -- Doug Evans is now executive vice president and group publisher in charge of the enthusiast automotive business at Source Interlink. The company has also named Ira Gabriel executive vice president of the consumer media group, Brad Gerber executive vice president of sales and chief marketing officer, and Howard Lim senior vice president of new product development.
|
Melissa Gonzalez Brownsville, Texas | Posted at 12:49pm on Wednesday, December 15, 2010 | Hello, My name is Melissa Gonzalez and I just moved back to Texas from California. I left California working for Source Interlink Co as a part time merchandiser for 2 yrs and very experienced in all accnts. I am eager to start working as a mechandiser again as I enjoy what I do and take pride in my work. Please contact me 805-760-8364 or melly_marie_mel@yahoo.com I look for to hearing from you. Thank you. Melissa
|
Media Owners editors Boulder Colorado USA | Posted at 1:20pm on Friday, November 5, 2010 | -- November 5, 2010 -- David G. Algire is now president of Source Interlink Distribution, putting him in charge of sales, publisher support services and category management. He was previously vice president of retail sales at Meredith Corporation.
|
Media Owners editors Boulder, Colorado USA | Posted at 11:11am on Saturday, October 9, 2010 | Source Interlink Acquires Digital Publisher Grind Networks
-- Source Interlink now claims to be the largest "action sports" media company.
October 6, 2010 -- Source Interlink Media announced today the completion of the acquisition of Grind Networks, a leading provider of online action sports and entertainment content. The media company will add Grind to its growing Action Sports Group ("ASG"), home to action and adventure sports magazine brands such as Surfer, Skateboarder and Powder. According to the company, the combined entity results in the largest audience in the sector, reaching more than 10 million enthusiasts every month.
"The addition of Grind Networks to our portfolio demonstrates our corporate strategic commitment to finding and investing in the right partners who have the vision to deliver targeted content, across multiple platforms, to our enthusiast consumers," said Michael L. Sullivan, Chief Executive Officer of Source Interlink Companies, Inc.
The Grind digital portfolio includes GrindTV.com, Newschoolers.com, Motocross.com, Ridemonkey.com, Snowboarder.com, Skateboard.com and online entertainment properties Stupidvideos.com and The Bubble. The combination with ASG will allow Grind to improve the quality and the depth of content across its platform.
"This acquisition perfectly blends ASG's prominent content creation ability with the digital expertise of the Grind team, which will no doubt result in a better experience for consumers," said Source Interlink Media President Chris Argentieri. "We believe the combined entity will provide the most compelling option to marketers targeting the extremely valuable 18 – 35 year old demographic group that drives this industry."
|
Media Owners editors Boulder, Colorado USA | Posted at 4:19pm on Wednesday, April 7, 2010 | Source Interlink Companies, Inc. Names
Michael L. Sullivan Chief Executive Officer
April 5, 2010 -- Michael L. Sullivan has been named chief executive officer and director of Source Interlink Companies, Inc., effective Monday, April 12, 2010 announced Greg Mays, Chairman of Source.
As CEO of Source Interlink, Sullivan will oversee all business aspects of the Company and its subsidiaries. Since April 2000, Sullivan served as president and chief executive officer of Comag Marketing Group, a national magazine distribution company jointly owned by Condé Nast Publications and Hearst Magazines. In that role Sullivan held ultimate responsibility for the retail distribution of over 25% of the North American retail magazine market, overseeing distribution for Condé Nast, Hearst and more than 50 other publisher clients.
Source Interlink Companies, Inc., with revenues of $2 Billion, is based in Bonita Springs, Florida. The Company is the publisher of 65 enthusiast magazines.
Source is also the second largest distributor in North America of magazines, books and other home entertainment products in the consumer retail market.
|
Dave Sharp Mays Landing, NJ | Posted at 8:59am on Saturday, October 17, 2009 | I have been a subscriber of their publications since the 1970's. Now they are employing high-pressure renewal tactics that were not part of their process in the past.
|
Eric Kallgren Boulder, Colorado USA | Posted at 10:39pm on Wednesday, April 29, 2009 | Source Interlink filed for Chapter 11 bankruptcy protection on April 28, 2009. The filing will result in Ron Burkle's Yucaipa Companies being removed as a shareholder, allowing the company to get out from under nearly $1 billion of its $1.5 billion debt load in a debt-for-equity swap.
Citigroup will become the biggest shareholder of Source Interlink, with about 80 percent of the equity in a new privately held company.
Most of the debt that led to the bankruptcy filing was tied to Source's $1.2 billion acquistion of the Primedia Enthusiast Media division in May 2007.
Source Interlink released this statement, including some laughable corporate happy-talk:
"On Tuesday, we announced that we had reached a very favorable agreement with our lenders to privatize the company and cancel nearly $1 billion of our existing debt. The agreement follows proactive management actions taken over the last six months to right-size our operations - saving more than $50 million a year in expense. This is great news for Source and our business partners.
Our business plan, which has the support of our lenders, provides for business to continue as usual - you will continue to receive the same level of service you have come to expect. Processes for ordering product, payment terms, and delivery dates will remain the same, all customer programs will continue without alteration, and importantly, ALL our vendors will be paid in full in the ordinary course of business. Your stores will continue to receive the exceptional service and range of products that you have come to expect from Source Interlink. The sales and field staff you deal with remain unchanged, as will the remainder of our employees. Our management team will remain at the helm and are committed to this business plan. None of our employees will lose their jobs as a result of this reorganization."
|
Ron Bashal New York, U.S.A | Posted at 9:13am on Monday, November 10, 2008 | I have been watching this company for some time and am concerned about this type of consolidation and its negative impact on the publishing - digital and print - industry. I have also noted that they are dominating distribution to the point of eliminating all competition. Consolidation by these companies has not proven effective or profitable. If you have watched their stock it has fallen and continues to fall precipitously. I have also noted that they used bankruptcy and other questionable means in obtaining the companies they have consolidated, and then leaving the previous owners holding the bag.
Have to question managment techniques, ethics and endgame in this type of operation.
|
Eric Kallgren Boulder, Colorado USA | Posted at 5:47pm on Thursday, October 23, 2008 | Source Interlink probably regrets the decision to buy the Primedia Enthusiast Group in 2007, which cost over $1.2 billion.
On October 23, 2008, Souce Interlink announced that Greg Mays has been named the new chairman and CEO of the company, replacing Michael Duckworth.
BONITA SPRINGS, FL, October 23, 2008 – Source Interlink Companies, Inc. (NASDAQ: SORC), one of the largest publishers of magazines and online content for enthusiast audiences and a leading distributor of DVDs, CDs, magazines, video games and books, announced today the appointment of Greg Mays as Chairman and Chief Executive Officer of Source Interlink Companies, Inc. effective immediately.
“I am very pleased that Greg was elected CEO of Source Interlink," said Ron Burkle, Managing Partner at Yucaipa Companies, an investment firm with a significant investment in Source Interlink. "Greg has the perfect combination of leadership and business development skills needed here. His record of managing successful companies for Yucaipa speaks for itself, and the vision he has set for the future of Source confirms my confidence in the value of this investment.”
Greg Mays, has been on Source Interlink's Board of Directors since February 2005 and has served as the Chairman of the Company's Compensation and Corporate Governance Committees and been a member of the Audit Committee. Mr. Mays is currently a Director of The Great Atlantic & Pacific Tea Company, Inc. (A&P) and of Simon Worldwide Inc.. Mr. Mays had also been a Director of Pathmark Stores, Inc. from June 2005 until it was acquired by A&P last December, at which time he joined the A&P Board. Mr. Mays has over thirty years experience in the supermarket and retailing industry in senior executive positions. Most recently, Mr. Mays served as Chairman and Chief Executive Officer of Wild Oats Markets until its acquisition by Whole Foods Markets, Inc. late last year. Prior to that, since 2000 Mr. Mays had maintained a consultancy practice providing retail industry expertise and related services to private equity organizations. Throughout the nineties Mr. Mays served in a number of senior executive positions in the supermarket retail industry.
|
Damon Adkins Texas City, Texas | Posted at 11:26am on Tuesday, June 3, 2008 | Hi. My name is Damon Adkins. I reside in Texas City,Tx, which is the county of Galveston. I am looking for a position with your company as a part-time merchandiser in my area if available. Please contact me by calling H:(409) 948-0387 or my cell: (409)739-0898. Or you may reach me by email @ dadkins4@comcast.net
Thank-you for your time.
|
|
