Hachette Filipacchi Media U.S., Inc. profile and media properties

G.L    sandy, Ut.

Posted at 12:13pm on Wednesday, February 23, 2011

I was sent an Umbrella, that I don't know what it is all about because I do not have a subscribtion nor do I want one, but why was I sent an umbrella that is broken, and torn, Thank you, but no Thank you.

Media Owners editors    Boulder Colorado USA

Posted at 10:30am on Friday, February 4, 2011

Hachette Staffers Heading for Exits

-- On February 4, 2011, The New York Post reported:

"It's a stampede for the exits at Hachette Filipacchi Media.

Out of a workforce that numbers about 600 people, at least 120 are expected to be gone by the time the Hearst Corporation takeover closes early in the third quarter, said one executive.

Many HFM staffers are not waiting around to find out what's going to happen."

Get the full story.

Media Owners editors    Boulder Colorado USA

Posted at 11:22am on Monday, January 31, 2011

Lagardère Receives Binding Offer from Hearst for Non-French Magazine Business, Lagardère announced in Paris on January 31, 2011:

"Lagardère SCA, parent company of Hachette Filipacchi Media U.S., Inc., is pleased to announce it has received a fully binding offer from Hearst Corporation, not subject to any further due diligence, for its international magazine business with an attached share purchase agreement. The companies have extended the exclusive period which began on December 31, 2010.

*Hearst has made a firm cash offer of €651M for Lagardère Active's international magazine business. The perimeter to be sold includes 102 titles in 15 countries (The United States, Russia & Ukraine, Italy, Spain, UK, China, Japan, The Netherlands, Czech Republic, Hong Kong, Mexico, Taiwan, Canada and Germany).

*The transaction includes a Master License Agreement (MLA) relating to the Elle trademark in the 15 countries mentioned above. Lagardère will grant a license to Hearst (for magazines, internet, mobile, and all digital and audiovisual supports), which will not cover merchandising licensing. As a result, Lagardère will be entitled to receive an annual recurring royalty payment from Hearst, based on Elle net sales generated by Hearst in the above 15 countries:
- Based on 2010 unaudited financials, this recurring royalty payment (net of associated expenses) will be c.€8M in Resop1 for Lagardère Active ;
- These above future payments are equivalent to an estimated c.€70M (post tax) value on a net present basis

*Lagardère will retain, in some European countries, real estate assets, currently used by the international magazine business, worth around €30M.

As the owner of the Elle trademark, Lagardère will continue to oversee the brand consistency through the Elle network management.

This binding offer is subject to some customary governmental approvals and to antitrust clearances in some countries.

In compliance with regulatory requirements in some jurisdictions and prior to signing transaction documentation, Lagardère will initiate an information and consultation procedure with the relevant workers' councils.

Closing of the transaction is expected by Q3 2011."

Media Owners editors    Boulder Colorado USA

Posted at 1:56pm on Wednesday, December 15, 2010

Deborah Burns Out at Hachette

-- Mediaweek Magazine reported on December 14, 2010:

"Burns, a 26-year Hachette vet, had been svp for Metropolitan Home and Elle Decor until Met Home folded in 2009. Then-CEO Alain Lemarchand created a new role for her, svp, chief innovation officer, where her duties included looking for new revenue streams. Steve Parr, who replaced Lemarchand in September, eliminated her position.

Also heading for the exit is Hachette’s digital chief Todd Anderman, who is going to Jumptap, a mobile advertising company, as chief media and revenue officer. Both are scheduled to leave in January."

Get the full story.

Joyce Hatfield    Hanover, WV

Posted at 12:24pm on Friday, September 24, 2010

Why would you report, to the IRS, that a contest I had won was valued at $2,200. when the actual value was $825. Because you did this, it has increased my income by an erroneous amount and increased the amount of tax I owe by $653.. I am on Social security and receive a small retirement. This is the wrong thing to do and you need to correct it or send me the balance of what you said you paid me, then I will be able to pay this tax. In the meantime I will be cancelling all my magazine subscriptions and encourage everyone to do the same. You are getting richer by defrauding the IRS and prize winners.
I will be forwarding all this information to the IRS. I'm sorry I ever entered this contest!!!

Media Owners editors    Boulder Colorado USA

Posted at 11:44am on Tuesday, September 21, 2010

Lagardere Names a New CEO at Hachette

-- Advertising Age reported on September 21, 2010:

"Lagardere Active has named Steve Parr, former president of Primedia Enthusiast Media and Source Interlink Media, the new president-CEO of Hachette Filipacchi Media U.S., the publisher of magazines including Elle and Woman's Day. Mr. Parr succeeds Alain Lemarchand, who will be appointed to a new senior management post within Lagardere Active, the company said. The changes take effect Oct. 1.

Hachette has experienced lots of cost cutting, changes and persistent rumors that it was on the block since Mr. Lemarchand arrived from France in September 2008 -- just as the U.S. economy was declining and the parent company was cooling on the U.S. magazine market. He surveyed Hachette's operations, introduced cuts that included salary reductions and eventually sold five magazines: American Photographer, Popular Photography, Sound & Vision, Boating and Flying. He closed Metropolitan Home last November.

Mr. Lemarchand also pulled Hachette out of the Magazine Publishers of America, a particularly striking bit of cost-cutting because his predecessor atop Hachette, Jack Kliger, had recently and prominently served as chairman of the association, criticizing publishers who didn't join and pay the dues as free riders.

Last summer Hachette tried to interest Hearst in some sort of partnership or acquisition, according to people with knowledge of the talks, but without success. When asked last August if Hachette was trying to get Hearst to run or buy Elle's U.S. edition, both Lagardere and Mr. Lemarchand offered carefully couched denials that did nothing to extinguish the speculation.

Mr. Parr's appointment is the next step in a multi-year plan for the company, Lagardere said today. "Leveraging Alain Lemarchand's successful two-year reorganization and repositioning, Steve joins our company at a critical time for continuing our development and growth efforts," the company said in a memo to staff. "With 20+ years experience in magazines, books and new media, Steve has an excellent reputation in the market. He is ideally suited to solidify the company's position as an industry leader and execute next steps of the plan, which include increasing market share and profitability."

The full story:
http://adage.com/mediaworks/article?article_id=146003

Media Owners editors    Boulder, Colorado USA

Posted at 11:54am on Tuesday, December 1, 2009

Equifax Provides Comprehensive Marketing Solution to Hachette

WAKEFIELD, Mass., November 23, 2009 -- Equifax Database Services, a leading provider of marketing database hosting services and a business unit of Equifax Inc., today announced a multi-year marketing agreement with Hachette Filipacchi Media U.S. (HFM U.S.) to support the magazine publisher's direct marketing efforts and its list rental business.

Equifax will provide an integrated, open-system solution that will consolidate Hachette's current data management platforms, simplifying and improving the accessibility and content of prospective and current client data for additional conversion, retention and cross-sell revenue opportunities. The result will be enhanced analytic and data discovery insights, greater flexibility in data access, and increased operating efficiencies.

"Equifax is providing the publishing industry the best integrated marketing database solution that includes external data, database technologies, software applications and ongoing analytics/ professional services support," said Tom McGinley, General Manager, Equifax Database Services. "This is a proven platform infrastructure that will give Hachette a 360-degree view of its customers."

"This solution allows Hachette to consolidate and enrich subscriber data into a single integrated database, process automatic and periodic updates from third party providers, and consolidate feeds from other sources, including third party vendors," explained Pegg Nadler, Hachette's Vice President, Database Marketing.

Eric Kallgren    Boulder, Colorado USA

Posted at 3:18pm on Tuesday, June 2, 2009

On June 2, 2009, Bonnier Corporation announced that it has bought five magazines from Hachette Filipacchi Media U.S.:

New York, N.Y. – Bonnier Corp. and Hachette Filipacchi Media U.S. (HFM U.S.) announced today that Bonnier has acquired five magazine titles from HFM U.S.: Popular Photography, Flying, Boating, Sound & Vision and American Photo. With this latest deal, which closed Monday, Bonnier Corp. strengthens its position as a leading media company for special-interest brands. The five titles bring to nearly 50 Bonnier's collection of enthusiast brands, including Popular Science, Saveur, Parenting, Field & Stream and a number of marine publications.

This is Bonnier Corp.'s third major acquisition in recent months. In September, Bonnier added Working Mother to its leading "mom" brands Parenting and Babytalk. In December, the company expanded its presence in the dive industry, buying Scuba Diving to go along with its dive title Sport Diver.

"We have always been committed to growing our portfolio of brands to include other passionate special-interest audiences," says Terry Snow, CEO of Bonnier Corp. "These five titles from Hachette fit very well within our growth strategy of adding brands that serve markets with multimedia opportunities."

"We are pleased that Bonnier Corp. has purchased these enthusiast titles, and we think that these brands will find the support and synergies they need to prosper," said Alain Lemarchand, President and CEO, Hachette Filipacchi Media U.S. "HFM U.S. is focusing on our core areas of strength, including the women's brands, the shelter and automotive/motorcycling category."

In addition to print magazines, the five titles have brand extensions including Web sites, books, licensing agreements, videos and branded events.

Eric Kallgren    Boulder, Colorado USA

Posted at 1:28pm on Tuesday, February 10, 2009

February 9, 2009: Advertising Age magazine reported that Hachette Filipacchi has dropped out of Magazine Publishers of America:

"Hachette Filipacchi Media U.S., publisher of magazines including Elle and Car and Driver, has dropped out of the Magazine Publishers of America, the magazine industry's association for promoting the medium, lobbying in Washington and supporting magazine publishers.

Hachette casts its withdrawal as a response to the recession. "These are extraordinary economic times," a spokeswoman said, "and this is one of a number of hard decisions that we are making until conditions change."

But the departure is still jarring. Hachette isn't the biggest publisher in the country, but Elle is a big power among magazines. The company, moreover, has had a close relationship with the association."

Bob Bissung    Manorville, New York

Posted at 10:04am on Wednesday, July 9, 2008

Boy,

you have no life, get busy already