DIGITAL NATIVE LUXURY PUBLISHERS GETTING PHYSICAL
Print media might be in decline, but luxury-focused publishers – even a few digital native ones – are getting increasingly physical. This month, high-end watch publisher Hodinkee launched the first issue of a new biannual magazine, and women’s publisher Goop’s first print issue also hit newsstands.
CNN IS READYING A NEW TECH VERTICAL CALLED “PACIFIC”
CNN is set to launch a new technology-focused vertical about the changing media landscape on the West Coast. Titled “Pacific,” the new franchise will be led by Senior Media Reporter Dylan Byers, and will focus on the powerful West Coast-based companies that have changed media, technology, and politics.
HEARST’S HARPER’S BAZAAR REBOOTS SHOPBAZAAR
At one point in 2015, ShopBazaar, Harper’s Bazaar’s e-commerce platform, had a network of 150 retail partners, including department stores like Saks Fifth Avenue and the e-commerce retailer Yoox. The idea was to make as much of the magazine shoppable as possible, said Katie Hobbs, ShopBazaar’s executive e-commerce director, with a goal to scale the site to the size of a full-blown luxury marketplace.
HOW HEARST MAGAZINES DIGITAL CHIEF BRUISED SOME EGOS TO BUILD THE COMPANY’S DIGITAL DIVISION
When Troy Young came to Hearst in 2013 from Say Media, he was faced with the challenge of building the magazine division’s digital arm, a task that entailed disrupting the foundation of the business and also bruising the egos of the editors who helped build the publisher’s reputation.
NETFLIX AIMS TO BECOME THE LARGEST CREATOR OF ENTERTAINMENT
Since Netflix streamed its first original series in 2012, the company has built one of the most valuable TV networks by buying shows from others. Now, with a $16 billion budget, Netflix aims to become the world’s largest creator of entertainment, making programs just like suppliers including CBS.
50 YEARS OF ROLLING STONE MAGAZINE
Rolling Stone helped define the counterculture epoch. It filled its pages with the words of renowned writers, including Hunter S. Thompson, Tom Wolfe, Cameron Crowe and Greil Marcus. Its covers minted stars. And while it focused on music, its influence ultimately stretched into pop culture, entertainment and politics.
ESI MEDIA’S THE EVENING STANDARD AND THE INDEPENDENT INCREASING DIGITAL TEAM TO FIFTY
Over the next six months, ESI Media, the parent company of The Independent and the Evening Standard, plans to double its video team to 50. Each title currently has a team of 10 video specialists, and a central team of five works across both brands on bigger projects. The Independent needed to get its video offering right before growing its team, according to editor Christian Broughton.
HULU BECOMES FIRST STREAMING SERVICE TO WIN AN EMMY FOR BEST DRAMA
The Emmys were supposed to be a showdown between HBO and Netflix, but it was Hulu that emerged from the evening as the biggest winner. Hulu became the first streaming service to win an Emmy for best drama when The Handmaid’s Tale took home the night’s top prize, beating rival Netflix to the punch despite a much smaller content budget.
TRONC IS CUTTING STAFF AGAIN
Tronc has disclosed plans to eliminate one-quarter of the reporting jobs at its Pioneer Press suburban newspaper group through buyouts and layoffs. The parent company of the Chicago Tribune and 33 Pioneer Press weeklies notified the Chicago News Guild this week that it intends to cut five positions from the 20-person editorial staff represented in the Guild bargaining unit.
CNN IS UNHURT, UNBOTHERED BY TRUMP’S FAKE NEWS CAMPAIGN AGAINST IT
CNN’s ratings and its digital growth have it on track to take in $1.1 billion in profit this year. As far as the criticism from the White House, network chief Jeff Zucker said CNN’s internal research continues to show the “fake news” narrative has had no effect on public perception.
AMAZON IN TALKS TO BUY A BUNCH OF TV CHANNELS
Amazon is holding talks to supersize its video-channel business, not just in the U.S. but around the globe. In the past few weeks, the company has started talks to buy scores of small television channels.
VERIZON’S OATH WORKING ON “BIG” CONTENT DEAL
Oath, the combined AOL-Yahoo entity, has big content deals in the works. That’s according to Verizon CEO Lowell McAdam, who recently noted that the telecom giant’s goal is to boost demand for its wireless data and content products.
CBS LAWYERS ASKS JUDGE TO DISMISS A SHAREHOLDER LAWSUIT CHALLENGING PAYMENTS TO FORMER CHAIRMAN SUMNER REDSTONE’
Attorneys for CBS and former executive chairman Sumner Redstone are asking a Delaware judge to dismiss a shareholder lawsuit challenging payments of more than $10 million to the 94-year-old media mogul while he was allegedly incapacitated and unable to perform his duties.
AT THE REQUEST OF SAUDI ARABIA, SNAPCHAT BLOCKS AL JAZEERA
nap on Sunday said it has followed a request from the Saudi Arabian government to block access to Al Jazeera news articles and videos on its Snapchat social-media app to residents in the country.
BRAVO PULLS OUT OF ANNA WINTOUR, TINA BROWN TV SERIES “ALL THAT GLITTER”
Bravo is reversing course on “All That Glitters.” The NBCUniversal-owned cable network has abandoned plans for a six-part limited series centering on two of publishing’s biggest names: former Vanity Fair and New Yorker editor Tina Brown and Vogue chief Anna Wintour.