Consumer

Press Release: Time Inc. Not for Sale
April 28, 2017 at 11:39 am

(NEW YORK, NY, APRIL 28, 2017)—Time Inc. (NYSE: TIME) today released the following statement: Over the past several months, there has been considerable speculation and news coverage regarding interest by various parties in acquiring Time Inc. While Time Inc. had not initiated a process, the Board of Directors, consistent with its duties, evaluated a number…

Yahoo’s Demise Is a Death Knell for Ad-Driven News Orgs
April 24, 2017 at 1:30 pm

Yahoo filed its final quarterly report this week. And just like that, the once-mighty tech firm is exiting public trading. The company has been unraveling—slowly and spectacularly—for more than a decade now. But this particular moment is a good one for reflecting on how Yahoo’s troubles are likely to be replicated in a wave across…

The NYT Brings Its News – And a Mini-Crossword – to Snapchat Discover
April 24, 2017 at 1:26 pm

The New York Times announced today it’s joining Snapchat Discover – the feature in Snapchat which includes updates and news from a variety of media publications. The paper’s “daily edition” on Snapchat will include a handful of The NYT’s stories, distilled down to the quick, more consumable format that’s common on the medium, and will heavily…

Press Release: National Geographic Launches Further Community Digital Network
April 20, 2017 at 2:14 pm

(WASHINGTON, DC - April 18, 2017) - For over a century, National Geographic has been an iconic brand that gives a platform to the best storytellers in the world. Today, National Geographic announces a new digital venture, The National Geographic Further Community, to advance the brand's pivotal role in science and exploration by partnering with…

Bustle Acquires Elite Daily From Daily Mail And Rebrands to Bustle Digital Group
April 17, 2017 at 2:38 pm

Bustle, a digital media company that caters to millennial women, has acquired Elite Daily from Daily Mail. Bustle now owns three web properties, Bustle, Elite Daily and young mom site Romper, and is changing the name of its parent company to Bustle Digital Group (BDG). Combined, Bustle founder and CEO Bryan Goldberg says BDG will…

Vanity Fair Is Planning a Digital Paywall
April 13, 2017 at 1:55 pm

The magazine that President Trump called “dead” is trying something new. Vanity Fair is planning to roll out a digital paywall, Yahoo Finance has learned. Vanity Fair editor-in-chief Graydon Carter wants the new paywall ready in the next two to six months, according to communication seen by Yahoo Finance. Years ago, the magazine very rarely made select print features subscriber-only (like…

Meredith Comes Up Short in Bid for Time Inc.
April 12, 2017 at 2:32 pm

Meredith Corp. has made a preliminary acquisition offer to Time Inc. that fell short of the price expectations of the publisher of Sports Illustrated and Fortune magazines, according to people familiar with the matter. The gap in valuation expectations could represent a setback to Time Inc.’s efforts to sell itself. It comes after an investor…

Bob Guccione Jr. Is Back, This Time With A Lust For Digital
April 10, 2017 at 2:02 pm

You may have heard of the Gucciones. The late Bob Guccione was the founder of adult magazine Penthouse, and his son, Bob Guccione Jr., founded Spin and Gear, and published Discover magazine. Now, after nearly a decade away from the magazine publishing business, Guccione Jr. is back, poised to launch a digital magazine in an…

How Dennis Publishing's Willingness to Pivot Underpins Its Profitability
April 6, 2017 at 2:51 pm

There's an old saying about the futility of trying to ice skate uphill. But that's nevertheless what a handful of publishers are doing. Having chosen to tilt at the windmills of Google and Facebook for digital ad revenue, some publishers are trying to go up against huge digital retailers for ecommerce dollars - and it's…