Consumer

AMI Cuts 40 Jobs at Us Weekly
March 24, 2017 at 2:55 pm

Layoffs came even earlier than Us Weekly staffers expected. Sources say that around 40 people have been let go as of Thursday afternoon. It is estimated that Us Weekly has around 115 employees. The job cuts come a week after American Media Inc., which owns National Enquirer, Star, OK! and Radar Online, closed on a deal with…

'Truth' Is Diluted When Publishers Chase Scale
March 20, 2017 at 2:02 pm

Research by Moat on behalf of the World Media Group has demonstrated the extent to which publishers rely on the trusted nature of their brands to command high ad prices. Moat report that attention paid to ads on the WMG brands far outstripped agency standards, with desktop video and mobile ads singled out as particularly…

Meredith May Be Front-Runner in Battle to Take Over Time Inc.
March 17, 2017 at 2:23 pm

The rumbling is that Meredith is the front-runner in the battle to take over Time Inc. and its stable of magazines including Time, People, Sports Illustrated and InStyle. Bids could come in as early as Friday, although one source close to the situation said that it is “fluid” and bidders could get a little more…

Learn How Rodale Uses Facebook Instant Articles to Earn More Revenue
March 17, 2017 at 1:43 pm

Diego Sanchez, head of digital partnerships at Rodale will dive into Rodale’s Facebook Instant Article strategy March 23rd at the FUSE Forum on Distributed Content. This executive forum is free for publishing executives to attend. Learn more here. Since the launch of Facebook Instant Articles, the program has not been without its critics. Media pundit…

Press Release: American Media, Inc. Announces Agreement To Acquire Us Weekly From Wenner Media
March 16, 2017 at 11:14 am

NEW YORK, March 15, 2017 /PRNewswire/ -- American Media, Inc. (AMI), the leading publisher of celebrity journalism and health and fitness magazines in the United States, today announced that it has reached a definitive agreement to acquire Us Weekly from Wenner Media.  Us Weekly is a cultural reference point and provides the most timely and…

Architectural Digest Undergoes Renovations for the Social Media Age
March 9, 2017 at 2:34 pm

One windy morning in February, Amy Astley, the new editor of Architectural Digest, was showing off her magazine’s renovation: a near-gut job, as they say in the trade. Her office on the 26th floor of 1 World Trade Center overlooks the Sept. 11 memorial, a harsh landscape in late winter, but there were pink roses…

Condé Nast to Cut 100 Jobs
March 8, 2017 at 2:38 pm

Condé Nast is beginning to put into motion the restructuring plans it laid out in January, WWD has learned. The New York-based publisher will cut about 100 jobs, or 4 percent of its workforce, which is estimated to total 3,000 employees. The staff reductions will come from the business side, which is comprised of sales and marketing…

Dow Jones Launches a Millennial Finance Site, Moneyish
March 7, 2017 at 2:44 pm

“It’s not personal finance,” Raakhee Mirchandani said. “It’s personality finance.” This is the argument Mirchandani, senior content development editor at Dow Jones Media Group, makes for why Moneyish, her newly launched digital venture, isn’t competing with all the other millennial money sites out there. Where sites like Vice Money, which launched in October, or Coinage,…

Magazine Newsstand Sales Fell By Double Digits Last Year
March 7, 2017 at 2:34 pm

In what has become a familiar refrain, the steady drumbeat of declining magazine newsstand sales continued last year. 2016 brought another double-digit drop in the total number of single-copy sales. That’s according to the last figures from MagNet, which tracks newsstand sales and the performance of magazine wholesalers. Overall magazine newsstand sales in the U.S.…

Press Release: Runner's World Announces RW Box Subscription
March 7, 2017 at 12:22 pm

EMMAUS, PA, and NEW YORK, NY (March 6, 2017) — Runner’s World, the largest and most influential media brand in the running space, today announced a new monthly subscription service, Runner’s World Box. Each RW Box will contain editors’ favorite, handpicked products featured in the magazine or on the site, including gear, snacks, apparel and…