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Meredith Bid for Time Inc. Said to Be Backed by Koch Brothers
November 17, 2017 at 12:16 pm

Time Inc. is said to be in talks to sell itself to the Meredith Corporation, in a deal backed by Charles G. and David H. Koch, the billionaire brothers known for supporting conservative causes. Talks between Time Inc., the publisher of Time and People, and Meredith, the publisher of Family Circle and Better Homes and…

Ziff-Davis Will Reportedly Buy Mashable for Just $50 Million
November 17, 2017 at 12:13 pm

In another sign of how digital media companies are struggling, Mashable will be sold to trade publisher Ziff Davis for around $50 million, according to a Wall Street Journal report. That would be only one-fifth of the company’s $250 million valuation during its last investment round in March 2016. While Mashable had attracted little interest…

Press Release: Omeda Announces New VP of Client Success, Tony Napoleone
November 14, 2017 at 2:19 pm

Northbrook, IL – November 13, 2017 – Omeda, the audience relationship management company, announced that Tony Napoleone has joined the company as VP, Client Success. Tony is an experienced, award winning digital marketer specializing in audience growth and engagement in the media industry. Tony is well versed in utilizing email marketing, digital media, and online…

Paper Magazine Sold to Tom Florio’s New Media Group
November 9, 2017 at 1:29 pm

NEW YORK, United States — Paper Communications co-founders and co-chief executives Kim Hastreiter and David Hershkovits, who founded Paper Magazine in 1984 and grew it into an influential arbiter of pop culture and fashion, have sold the company to a newly formed media group founded by Tom Florio, Condé Nast publishing veteran and former chief…

Spirited Media Seeks New Revenue Streams After Layoffs
November 6, 2017 at 1:55 pm

SPIRITED MEDIA LAID OFF STAFF at each of its three local news sites this week, undercutting hopes that the company and its team of investors may have cracked the code for a profitable and sustainable business model. ICYMI: Local news suffers a tremendous loss The layoffs come eight months after Spirited Media merged with the parent company…

Podcast: The Rise and Fall of Jann Wenner and Rolling Stone
November 3, 2017 at 2:38 pm

Jann Wenner revolutionized the magazine business and brought rock 'n' roll to the masses with the launch of Rolling Stone in 1967. The magazine quickly skyrocketed in popularity, helping to define rock music, and eventually, all of pop culture. In a recent podcast, Recode Media's Peter Kafka spoke with the author of Sticky Fingers and…

The Risk of Billionaire-Funded Media, the Importance of Archiving, and Other Takeaways From the Demise of DNAInfo and Gothamist
November 3, 2017 at 1:41 pm

What billionaires giveth, billionaires can taketh away. DNAinfo and Gothamist, two popular local news networks, were abruptly shutdown last night, just a week after employees of companies voted to unionize. Billionaire Joe Ricketts, who launched DNAInfo in 2009 and acquired Gothamist last year, wrote that while the two sites had accomplished much over the years…

Condé Nast Shutters Teen Vogue in Print, Cuts 80 Jobs
November 2, 2017 at 12:39 pm

Condé Nast is expected to complete its final round of cuts by next Thursday, WWD has learned. The New York-based publisher, which has instilled a hiring freeze, will slash about 80 jobs, equal to a decrease of about 2.5% of its 3,000-person workforce. Budgets across departments are also expected to get a haircut, with the…

Media Industry Reports Are Releasing Less Data on Print Ad Revenue & Employee Head Counts
October 31, 2017 at 1:48 pm

The last decade has seen a steady erosion in the number of media industry benchmark reports — at least those made publicly available to trade reporters and bloggers — leaving less reliable, third-party data by which to gauge the overall health of the media business. The Publisher’s Information Bureau, which long provided quarterly and annual…

Time Inc. Cuts Continue, Between 50 and 75 Employees Out
October 27, 2017 at 1:29 pm

Time Inc. has let go of between 50 and 75 employees, WWD has learned. The news was confirmed by a spokeswoman from Time Inc., who added that the cuts were a combination of volunteers and job eliminations, meaning some workers left willingly, while others were laid off. “This is a normal course of business as…

​Press Release: Hearst Agrees to Acquire Rodale Inc.'s Global Content Business
October 19, 2017 at 2:47 pm

NEW YORK, October 18, 2017 – Hearst and Rodale Inc. announced today that Hearst has agreed to acquire the magazine and book businesses of Rodale, a global health and wellness content company based in New York and Emmaus, Pennsylvania. The announcement was made by Hearst President and CEO Steven R. Swartz, Rodale CEO Maria Rodale…

Hearst Acquisition of Rodale Indicative of Larger Consolidation Trend
October 19, 2017 at 2:39 pm

Hearst has agreed to buy Rodale Inc., in a deal that was widely anticipated by the magazine industry. While there was no mention of the sale price, it is believed that the company sold for well under $250 million. Rodale, which is based in New York and Emmaus, Pa., publishes Men’s Health, Women’s Health, Prevention,…

Hearst Agrees to Buy Rodale, Publisher of Men’s Health
October 19, 2017 at 2:33 pm

Hearst, the publisher of magazines like Cosmopolitan and Esquire, announced on Wednesday that it had agreed to acquire Rodale, which owns Runner’s World and Men’s Health, another sign of consolidation in an industry struggling to offset declines in print. Terms of the agreement were not disclosed. The deal is expected to close next year. Rodale,…

Kate Lanphear Named Creative Director of Marie Claire
October 18, 2017 at 2:08 pm

Kate Lanphear has been named creative director of Hearst Magazines’ Marie Claire, replacing Nina Garcia who was recently named editor in chief of Elle. “Kate is one of the most creative, stylish, sought-after talents in fashion today,” said Marie Claire editor in chief Anne Fulenwider, announcing the hire. “Her discerning eye for smart style will…

The New York Times' Breakthrough 'The Daily' Soars Past 100M Download Mark
October 18, 2017 at 1:41 pm

Within nine months of its launch, it looks like The New York Times (NYT - Get Report) has more than a success on its hands. "The Daily" is becoming a phenomenon, an out-of-the-blue hit that is forcing print-based business leaders to think anew about the revolutionary…

Complex Is the Latest Media Company to Lay Off Staff Amid a Pivot to Video
October 16, 2017 at 1:37 pm

Complex Networks laid off much of its product team on Friday as the media company rejiggers its personnel a year after being bought by Verizon and Hearst. Once home to a website and a magazine, the media organization appeals to young male audience. Mark Ecko, the fashion designer, started Complex in 2002, 14 years before…

Two More Top Editors Bid Adieu to Time Inc.
October 13, 2017 at 2:29 pm

Two more top editors at Time Inc. are history. Clare McHugh, who had most recently been doing a corporate job as senior director of editorial operations, will exit at the end of the month, and Steele Marcoux, the editor-in-chief of Coastal Living, has already left. Marcoux joined Time Inc. two years ago after being lured…

Press Release: Omeda Announces New Chief Product Officer, Steve Arend
October 10, 2017 at 5:08 pm

Northbrook, IL – October, 9 2017 – Omeda, the audience relationship management company, announced that Steve Arend has joined the company as its Chief Product Officer. Previously, Arend was in leadership roles at UBM and Vance. Steve brings to the team an extensive background in product development and user experience. As Chief Product Officer, Arend…

Press Release: Men’s Health Teams Up with Fitbit on Ambitious Co-Branded Campaign, The Adventurist
October 10, 2017 at 12:57 pm

NEW YORK (October 10, 2017) — Men’s Health, a Rodale Inc. brand, today unveils the launch of The Adventurist, a daring and multi-faceted editorial integration with Fitbit, the leading global wearables brand. In the three-part print, online, mobile, video, and social media series, Men’s Health challenges writer Clint Carter to successfully master three grueling extreme…

Press Release: SGIA & NAPCO Media Partner on Global Platform Supporting Print Industry
October 10, 2017 at 9:03 am

NEW ORLEANS — October 9, 2017 — The Specialty Graphic Imaging Association (SGIA) Board of Directors has announced that SGIA, the home to professionals in the industrial, graphic, garment, textile, electronics, packaging and commercial printing communities, and NAPCO Media, a business-to-business media company, have entered a partnership that will offer print service providers and industry…