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Advance Publications

The Great Balancing Act: Keeping control during growth

May 10, 2017

What does it take to start then grow a business into a successful, multi-billion dollar holding yet maintain total family control through the generations? Alison Ebbage reports

What does it take to start then grow a business into a successful, multi-billion dollar holding yet maintain total family control through the generations? Alison Ebbage reports

Top 10 Wholly-owned US Family Businesses

May 10, 2016

From Koch Industries to Advance Publications, Campden Research has compiled the first-ever list of the Top 10 wholly-owned US family businesses – a group we’ve dubbed ‘The 100% Club’

Conde Nast and Bertelsmann families invest heavily in digital media

March 24, 2016

German media group Bertelsmann and the family behind Vogue publisher Condé Nast are to invest in innovative media and technology companies, as they look to diversify away from their traditional markets.

According to a company statement, German media conglomerate Bertelsmann, controlled by the Mohn family, will spend up to €1.3 billion ($1.45 billion) a year until 2020 on acquisitions aimed at accelerating its shift to digital video and online education.

Bridging the digital divide: How next gens can help their family business get online

April 30, 2015

The digital revolution is changing the way family businesses operate, but tensions can develop when younger executives rush to enter the virtual frontier against the wishes of their more tentative elders. How can companies manage these differences to avoid disputes in the boardroom – or over the dinner table?

When John Winning wanted to start selling washing machines, refrigerators and other whiteware online, his father, who oversaw the family’s Winning Appliances retail operation in Australia, was less than enthusiastic.

The elder Winning “didn’t believe in online”, according to his son, a fourth-generation member of the family business.

Advance Publications daughter-in-law promoted at Conde Nast

September 5, 2014

The daughter-in-law of Advance Publications president Donald Newhouse has been promoted president of global development at its magazine company Conde Nast International.

The daughter-in-law of Advance Publications president Donald Newhouse has been promoted president of global development at its magazine company Conde Nast International.

The appointment answers speculation about what role she would take in the family empire after trade publications division Fairchild Fashion Media, where she had been president and chief executive since 2010, was sold to Penske Media Corporation in August for $100 million.

Should octogenarians run family businesses?

August 12, 2011

Just 20 or 30 years ago, octogenarian family-business leaders were few and far between. Now, as life expectancy rises, an increasing number of business leaders are in their 80s and demographic trends will ensure this rises further in the future. But does it make good business sense?

Top 100 family businesses in North America

June 15, 2011

Family businesses are alive and well in the US, with the top 100 generating approximately $1.6 trillion to America’s $14.6 trillion GDP in 2010. Just under half of the top 100 are owned outright by the family, a higher proportion than in Europe, where Campden’s top 100 family business for the region found that less than a third were fully controlled by the family.