Hearst Corporation Acquires 20% Stake in Stylus Media Group
"We have been quite impressed with the tremendous amount of progress that Stylus has made since its launch in terms of content development and brand-name client acquisition," Bronfin said. "We look forward to working with Stylus as it expands its reputation as an authoritative business intelligence resource for design and creative professionals."
Stylus provides business intelligence to consumer companies in order to inspire new ideas and improve profitability. An online business resource, Stylus is used by nearly 250 leading companies in the automotive, fashion & beauty, electronics, home & industrial design, media & technology, hospitality, architecture and advertising industries. Users across 52 countries rely on the Stylus editorial content to learn about consumer behaviour, global industry events and new ideas for product design and consumer services. Stylus is headquartered in London and has offices in New York and Los Angeles.
About Hearst Corporation
Hearst Corporation is one of the nation's largest diversified media and information companies. Its major interests include ownership of 15 daily and 37 weekly newspapers, including the Houston Chronicle, San Francisco Chronicle, San Antonio Express-News and Albany Times Union; hundreds of magazines around the world, including Good Housekeeping, Cosmopolitan, ELLE and O, The Oprah Magazine; 29 television stations, which reach a combined 18 percent of U.S. viewers; ownership in leading cable networks, including Lifetime, A&E, History and ESPN; significant holdings in the automotive, electronic, medical/pharmaceutical and financial information industries; Internet and marketing services businesses; television production; newspaper features distribution; and real estate.