FORMER TIME INC EDITOR LAUNCHES BUSINESS NEWS SITE
A website covering business news in Brooklyn has launched and is being
run by a former Time and Fortune editor. The Bridge is focused on
covering the companies, entrepreneurs and trends that have made Brooklyn
a growing economic area. It covers Brooklyn’s growing pains as well,
including rising costs and inequities.
RODALE'S RUNNER'S WORLD LAUNCHES BOX SUBSCRIPTION BUSINESS
Runner's World has entered the subscription box space with 'Runner's
World Box' which follows the same M.O. as other magazine launched
subscription box businesses. The editors of Runner's World will handpick
their favorite products featured in the pages of the magazine and on
the website and readers can have these items delivered to them on a
monthly basis.
NEW YORK MAGAZINE INSTALLS NEW PUBLISHER/REVENUE CHIEF
New York Magazine whose current issue is covered by former late night
king David Letterman has installed a new publisher/chief revenue
officer, filling the role left vacant by Larry Burnstein last year.
FORMER CONDE NAST, TIME INC RESEARCHER INSTALLED AS CEO OF THE ADVERTISING RESEARCH FOUNDATION
Scott McDonald, a longtime researcher with Conde Nast and Time Inc., to
fill its vacant CEO post as the industry's foremost research
organization navigates growing conflicts over measurement and media
deals.
CHEDDAR INSTALLS TWO NEW ANCHORS
Cheddar TV, which bills itself as television business news for the
millennials, has hired two new anchors. J.D. Durkin, who was at
Mediaite as the editorial producer for video and live broadcast, has
been hired as an anchor. Baker Machado is becoming an anchor after two
months of freelancing.
AMAZON AND PINTEREST COULD SHAKE UP THE SEARCH AD MARKET
That’s because Google has long dominated both internet searches and
related ad spending. In fact, most search advertisers spend the vast
majority of their budgets with Google, perhaps sprinkle in a bit of
Microsoft’s Bing, and call it day. But that could be changing, thanks to
Amazon and perhaps Pinterest. That’s welcome news for search
advertisers, who hope for more options for clients, as well as better
products and pricing that could be spurred by more competition.
SNAP'S SHARES FALL 12%
With a weekend to think about things — and several bearish analyst
reports to read — investors reversed course, pushing Snap’s shares down
more than 10 percent during much the day before falling again right
before the market close, finishing at $23.82 a share
WILL THESE CHANGES SAVE TWITTER'S BUSINESS
The new timeline has clearly made the service a little friendlier and
livelier. It ensures that you see more tweets from the people you
interact with the most and more of the most popular tweets from others
you follow. It has also ensured that the most popular tweets are far
more widely seen than they used to be, enabling them to go viral on an
unprecedented scale.
COMCAST LOOKS TO NURTURE THE NEXT BIG THING WITH THE LAUNCH OF LIFT LABS
The Philadelphia-based company and its NBCUniversal unit announced the
launch of LIFT Labs for Entrepreneurs, a program aimed at fostering
startups focused on media, entertainment, and connectivity. Comcast will
begin accepting applications from entrepreneurs in January 2018, with
the first LIFT Lab set to open in Philadelphia—in the under-construction
Comcast Technology Center, next to the company’s headquarters—early
next year. The company also said it will open another location for the
accelerator program in Atlanta later in 2018.
DISNEY INVESTORS KEEPING THEIR FINGERS CROSSED THAT CEO BOB IGER STAYS ON
There is a growing expectation inside and outside Disney that Iger will
stay on the job longer than planned. Nearly a year after launching a
search for a new chief executive, Disney’s board could soon extend his
contract, which expires in June 2018, said people close to the company
who were not authorized to comment.
APPLE WILL LOSE ITS STATUS AS THE WORLD'S MOST VALUABLE COMPANY
Apple’s days as the world’s most valuable publicly traded company may be
numbered. Oil giant Saudi Aramco is expected to have a market cap of $1
trillion to $1.5 trillion when it sells shares to the public next year.
That means the market value of Aramco could potentially double Apple’s
current market cap.
ESPN LAYOFFS TARGETS ON AIR TALENT
Following a Sports Illustrated report over the weekend, MarketWatch
confirmed it is preparing to go through significant cost-cutting layoffs
on its talent side — meaning on-air personalities. There is no set
names or specific number yet expected to be cut, but ESPN will almost
certainly part with names viewers are familiar with and, according to
Sports Illustrated’s Richard Deitsch, the company is looking to pare
tens of millions in staff salary.
VIACOM IS GETTING CLOSER TO NAMING A NEW CEO FOR ITS FILM STUDIO
Viacom CEO Bob Bakish is back for second round of meetings which we hear
includes former 20th Century Fox chairman Jim Gianopulos, former
Universal exec Scott Stuber, former Lionsgate and Paramount exec
Rob Friedman, former New Line Cinema, Sony and DreamWorks exec Michael
De Luca, and former Warner Bros. chief Jeff Robinov.
HEARST NEWSPAPERS INSTALLS DIGITAL EXEC
David Ho, executive mobile editor and mobile product director for the
Wall Street Journal, has joined Hearst Newspapers as VP and executive
editor, digital audience and news innovation. Ho led the Journal’s news
operations on smartphones and tablets and oversaw the mobile evolution
of its newsroom.
ESQUIRE'S EDITOR CONSIDERS RECYCLING CONTENT FROM THE MAGAZINE'S ARCHIVES
Jay Fielden, editor in chief, Esquire magazine: “We’re considering how
we might use the archives more and more. There’s a real legitimate
argument to be made that if you can go back and pluck out pieces written
20 or 30 years ago that somehow bear directly on something that’s going
on now, then there’s a reason that we can maybe republish those pieces
in the magazine.”
-Good MEDIA Morning To You!
Don't forget to share this morning's issue with colleagues and friends.
|
|