Consumer

Mic Is Laying Off Staff As It Prepares for a Pivot to Video
August 17, 2017 at 12:58 pm

Mic.com laid off staffers on Thursday in what is part of a larger pivot to video that it will begin later this month. The millennial-news site said in a memo circulated among staffers that it would lay off 25 people, primarily from its news and editorial departments this morning amid a larger reorganization of the…

Mashable Is Exploring a Possible Sale
August 16, 2017 at 1:56 pm

Mashable Inc. is exploring strategic options including the sale of all or part of the online media company, according to people with knowledge of the matter. Mashable, founded in 2005, may draw interest from buyers in Europe and the U.S., said one of the people, who asked not to be identified discussing private information. The…

Vice Partners with Airbnb to Offer Travel Packages
August 14, 2017 at 2:04 pm

Vice Media has always tried to show what living on the edge looks like, but it’s inviting people to experience it for themselves. The youth-focused digital media company is partnering with Airbnb Inc. to offer custom-made travel packages in keeping with the Vice’s “punk ‘zine” ethos. “Vice has long gone all over the world to…

Cooking Light Redesigns, Sharpens Edit Focus
August 11, 2017 at 1:38 pm

Cooking Light is debuting a new look and crisper editorial in its September issue, out today. The redesign includes a wider logo, more white space and a minimalist design. The cover of the magazine has a tearaway at the top that reveals the new look and the tag: “What healthy means now.” Cooking Light celebrated…

Time Inc. Announces Second Quarter Operating Loss of $38 Million
August 8, 2017 at 2:42 pm

NEW YORK--(BUSINESS WIRE)-- Time Inc. (NYSE:TIME) reported financial results for its second quarter ended June 30, 2017. Time Inc. President and CEO Rich Battista said, “I am pleased with our second quarter Adjusted OIBDA of $88 million, which was roughly flat year-over-year. Our revenues continued to be impacted by disruption through the first half of 2017,…

Millennial Dad Site Fatherly Raises $4 Million to Expand Into Video and Events
August 7, 2017 at 1:17 pm

Fatherly, a New York City-based media startup, has raised $4 million in venture funding from BDMI, the investment arm of media company Bertelsman, and talent agency UTA. The company plans to use the money to expand the scope of its content, launch a podcast, develop original video series, and expand internationally in the next 18…

'Nylon' Debuts First Digital Series
August 4, 2017 at 2:04 pm

Pop-culture magazine Nylon has released its first digital series to kick off an upcoming slate of original video produced by its new TV and video programming arm, Nylon Productions. The series is a weekly, short-form news show called "Nylon News: This Just Happened." The funky program features energetic graphics and blocks of color. The show…

Zine Queens: How Women’s Magazines Found New Life Via Indie Publishing
August 2, 2017 at 2:11 pm

The British media has a diversity problem. Research at City University last year found the industry to be 94% white, 86% university-educated and 55% male, with women largely relegated to junior positions. But there is one area of the media where the future is looking decidedly female: independent magazine publishing. If modern feminism is multifaceted…

'High Times' To Go Public
August 1, 2017 at 1:30 pm

With marijuana legal for medicinal use in dozens of states and recreational use in eight states, as well as Washington, D.C., cannabis media is exploding — in a fairly low-key way. On that note, the country’s oldest and best-known marijuana enthusiast magazine, High Times, is transitioning to public ownership, according to Reuters. This is a…