CONDE NAST’S GQ EXPERIENCING MASSIVE VIDEO GROWTH
Conde Nast men’s magazine GQ posted an impressive 300 percent gain in video viewers over last year thanks to the cheeky digital shorts the brand has been making with its cover stars. The videos, like a scripted comedy short in which Dwayne Johnson auditions for sequels to “Goodfellas” and “Home Alone,” are responsible for 85 million views on the GQ site alone.
PLUG PULLED ON FOX NEWS IN THE UK
Rupert Murdoch’s 21st Century Fox Inc. said Tuesday that it stopped broadcasting its Fox News Channel in the U.K., amid the media conglomerate’s $15 billion bid to buy the 61% of British pay-TV giant Sky PLC that Fox doesn’t already own. Fox said it was a business decision to withdraw Fox News
WALL STREET JOURNAL KILLING PRINT EDITION IN HONG KONG
Wall Street Journal’s Hong Kong edition will no longer be distributed after October 7 as the paper is moving to a digital only strategy. This is part of the paper’s continued effort to scale back its print operations in Europe and Asia as it shifts savings and focus to digital.
CONDE NAST AND FACEBOOK BUDDY UP FOR NEW VR DATING SHOW
While reality dating shows like The Bachelorette seem to consistently make for an easy hit, Condé Nast and Facebook are betting on a new kind of dating show—in virtual reality. On Wednesday, Condé Nast Entertainment is releasing the first episode of a VR dating show called Virtually Dating
SARAH PALIN’S SUIT AGAINST THE NEW YORK TIMES HAS BEEN THROWN OUT
A federal judge in Manhattan on Tuesday dismissed Sarah Palin’s defamation lawsuit against the New York Times. Palin sued the newspaper earlier this summer over an editorial that drew a link between an advertisement from Palin’s political action committee and a 2011 shooting in Tucson, Arizona, in which six people were killed and then-Congresswoman Gabrielle Giffords was severely wounded.
FOR TECH SITE GIZMODO GOING BEYOND TECH AND GADGET NEWS/REVIEWS HAS BEEN PAYING OFF
Over the past year, the gadget and tech-focused publisher has widened its editorial focus past tech news and consumer gadget reviews. Today, it is not uncommon to find headlines like “New Video Shows Man Shooting Gun Near Counter Protesters in Charlottesville” cropping up in the site’s feed beside Gizmodo staples like reviews of digital cameras or probes into Facebook features’ inner workings.
EVEN POT IS PIVOTING TO VIDEO
Herb, a publication focused on cannabis culture, just raised $4.1 million in seed funding led by Lerer Hippeau Ventures, a significant part of which will go to build out its video ambitions. One-fourth of Herb’s 40 staffers are making video now; the funding will help it add eight more video hires and produce more long-form video.
APPLE’S CEO POCKETS NEARLY $90 MILLION
Apple CEO Tim Cook has collected $89.6 million as part of a 10-year deal that he signed as an incentive to keep the iPhone maker at the forefront of the technology industry after he took over the reins in 2011 from company co-founder Steve Jobs. The windfall detailed in a Monday regulatory flowed from 560,000 Apple shares sold during the past week.
NEWS OUT OF AND ABOUT RUSSIA IS “HOT” RIGHT NOW SO BUZZFEED IS BEEFING UP ITS RUSSIA COVERAGE VIA NEW PARTNERSHIP
BuzzFeed News is beefing up its Russia coverage by partnering with the Latvia-based online outlet Meduza, which has grown rapidly since its launch less than three years ago. Elder said this isn’t necessarily the first step to a full Russia site for BuzzFeed, the way, say, BuzzFeed Deutschland is for Germany. The partnership is editorial, and resources will be concentrated on joint investigations.
HEARST NEWSPAPERS PRESIDENT ROBERTSON BARRETT TALKS SHOP AND FACEBOOK
Hearst is an alpha partner in this subscriptions effort with Facebook, and we consider ourselves a collaborative partner who is helping to inform the effort and make it work. We have not launched yet, so while this 100% revenue commitment by Zuckerberg is initially helpful, we don’t know if that revenue share will persist in the future.
BUSINESS INSIDER LAUNCHES TWO SHOWS FOR FACEBOOK WATCH
It’s been quite a summer for INSIDER.
First we crossed 50 million social followers. Then we had a record 2.2 billion video views in July. Last week, we turned two years old. And now we’re publishing our first two longform series. They’re called “The Great Cheese Hunt” and “It’s Cool, But Does It Really Work?”
DISNEY AND HEARST EACH PLEDGE $1 MILLION TO HARVEY RELIEF EFFORTS
Disney and its owned ABC station KTRK in Houston have committed $1 million cash to the American Red Cross in support of recovery efforts after Hurricane/Tropical Storm Harvey. Hearst has announced it is donating $1 million to the Houston Red Cross and will match employee donations.
A NETFLIX VIDEO VENDING MACHINE?
About a week ago, Netflix hosted another Hack Day. The event gives employees a chance to take a break from everyday work, have fun and experiment. Like previous Hack Days, Netflix saw a wide range of ideas, including some that are just meant to be fun.
YOUTUBE ROLLS OUT MAJOR UPDATES INCLUDING NEW LOGO
YouTube is rolling out a handful of updates to the way it not only looks but works. The service will now adjust to fit the video format you’re watching. So if the video is vertical, the player will become vertical. That feature comes as more viewers — typically younger ones — are comfortable with watching vertical video.
IS VICE MEDIA INSPIRING THE “PIVOT TO VIDEO” IN THE MEDIA BUSINESS?
Why are digital media companies racing to churn out videos? Many publishers are hoping to replicate the success of Vice Media, which started out as a magazine and now makes television programming, including a daily newscast for HBO and shows for its own cable network.