A New Year's Letter from Hearst Magazines' President David Carey
Welcome to the new year. I hope you had a restful and enjoyable holiday, a chance to take a moment from the hectic pace, and time to think about the priorities for the year ahead, both personal and professional.
After the break, I traveled to the Consumer Electronics Show in Las Vegas with a number of Hearst colleagues, and then on to the North American International Auto Show in Detroit, where I am today.
Standing on the massive floor of Cobo Hall, it’s clear that every business sector—media, technology, automotive and well beyond—is facing the very same dynamics: how to grow and innovate during a period of enormous change; which historical business practices are relevant and must be protected; which ones are not and should be discarded; where to double-down on existing franchises and where to incubate new ideas.