After massive layoffs, Martha Stewart names a new ad sales chief

After swinging the ax on about 75 employees Thursday — several of them top executives in the advertising group — Martha Stewart Living Omnimedia has promoted Amy Wilkins to head of advertising, sales and marketing, the company said Friday.Ms. Wilkins, the publisher of Martha Stewart Weddings, becomes the top ad sales executive at the company.She assumes responsibilities that had been handled by Chief Revenue Officer Joseph Lagani, who left amid yesterday's cuts, according to a person familiar with the layoffs. Peter Medwid, the publisher of flagship publication Martha Stewart Living, has also left the company, this person said. No successor has been named yet.Lara Pasternak, VP-integrated sales, and Jess Hollander, VP-digital sales, also exited.The layoffs come just two months after Daniel Dienst joined the company as CEO. He is seen as a turnaround artist for the company, where broadcast and publishing revenues are on the decline. In the third quarter, for instance, publishing revenue fell 8.2% to $19.4 million while broadcast plummeted to $294,000 from $2.7 million after the company ended a broadcast agreement with Hallmark Channel.Despite the steep declines, Martha Stewart Living magazine was up 11.7% in ad pages through the third quarter compared with the period a year earlier, according to the Publishers Information Bureau. Martha Stewart Weddings, a quarterly, was up 8%.In a statement Friday, Mr. Dienst cited Martha Stewart Weddings' "record ad pages" this year.... Continue reading at 'Crains New York'

[ Crains New York | 2013-12-13 00:00:00 UTC ]
News tagged with: #publishing revenues #ad pages #keen eye #meredith corp

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[ Editor & Publisher | 2015-11-04 00:00:00 UTC ]
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Gannett Hires WaPo, Yahoo Sales Exec Kevin Gentzel as Revenue Chief

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[ Advertising Age | 2015-07-15 00:00:00 UTC ]
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Publishers Willing to Give Facebook Their Articles, but Not Their Ad Sales

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[ Advertising Age | 2015-05-15 00:00:00 UTC ]
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News Corp profits halve after weak newspaper ad sales

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[ The Guardian | 2015-05-07 00:00:00 UTC ]
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Medium Poaches Vox Sales Exec to Build Nascent Ad Business

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[ Advertising Age | 2015-03-31 00:00:00 UTC ]
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Ex-McCann CEO Nick Brien Named Chief Executive of Hearst's iCrossing

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[ Advertising Age | 2015-03-02 00:00:00 UTC ]
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[ Publishers Weekly | 2015-02-04 00:00:00 UTC ]
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Martha Stewart Opening Cafe as Lifestyle Magazines Falter

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[ Advertising Age | 2014-12-03 00:00:00 UTC ]
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Simon Dumenco Named Ad Age Editorial Director

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[ Advertising Age | 2014-10-20 00:00:00 UTC ]
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Martha Stewart Hands Off Magazines' Business Operations to Meredith

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[ Advertising Age | 2014-10-16 00:00:00 UTC ]
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Martha Stewart Living magazines to be produced by Meredith

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[ Crains New York | 2014-10-16 00:00:00 UTC ]
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Verizon Names J. Crew Executive to New Role of Marketing Chief

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[ Advertising Age | 2014-10-03 00:00:00 UTC ]
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[ Publishers Weekly | 2014-09-10 00:00:00 UTC ]
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[ AdWeek | 2014-07-12 00:00:00 UTC ]
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[ Folio Magazine | 2014-05-16 00:00:00 UTC ]
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[ Folio Magazine | 2014-04-08 00:00:00 UTC ]
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News Corp. profit tops estimates but ad sales dip

News Corp., the newspaper publisher that owns The Wall Street Journal and the New York Post, beat profit estimates and posted gains in real-estate services and book publishing, even as advertising... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2014-02-07 00:00:00 UTC ]
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[ AdWeek | 2014-01-15 00:00:00 UTC ]
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