As Disney writes off its Vice investment, 10 Vice stories to help staffers cope: Publisher’s Brief

Welcome to the latest edition of Ad Age Publisher’s Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here's the previous edition. As Angela Doland notes in Ad Age’s Wake-Up Call this morning, citing a Vox/Recode report, Disney has written off its investment in Vice. Not a good week for Vice CEO Nancy Dubuc (recently profiled by Ad Age’s Jeanine Poggi) and her team. Recode’s Peter Kafka puts the development in stark terms in two tweets: Here, again, with context: Disney has written off its entire stake in Vice — the $400 million it put in directly, plus its A&E stake, its Fox stake, etc. All gone. https://t.co/9Bk7hptyJg — Peter Kafka (@pkafka) May 9, 2019 Disney still owns its stake, obviously. And some investors think Vice is worth something, which is why it could borrow a fresh $250 million this month. Still a stunning turnaround. — Peter Kafka (@pkafka) May 9, 2019 Let’s be brutally honest here. Many media people, who spent the last several years scoffing at Vice’s ever-increasing supposed valuation, wondered why it took so long for this day to come. The boundless hubris of Vice co-founder and longtime CEO Shane Smith—who last year kicked himself upstairs to executive chairman when Dubuc came on board—has been a bit hard to take. Flashback to August 2016, when Smith, in a Financial Times story headlined “Vice chief predicts old media ‘bloodbath,’” surveyed the M&A... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-05-10 00:00:00 UTC ]

Other news stories related to: "As Disney writes off its Vice investment, 10 Vice stories to help staffers cope: Publisher’s Brief"


I want my Snapchat TV: MTV is launching Discover shows

MTV is rolling out three new short-form video series on its international Snapchat Discover channel this fall. It has six more in development and plans to bring more of that production in-house (two initial series, “Show Us Ur Phone” and “MTV Threads,” were made with outside production... Continue reading at Digiday

[ Digiday | 2016-10-04 00:00:00 UTC ]
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‘Dat cheeeeeeeze’: How publishers from the HuffPost to The New York Times are using Instagram Stories

Instagram Stories are just a few days old, but publishers ranging from Bloomberg Business U.K. to Bustle have started playing with the feature. While Stories lack some of the bells and whistles offered by Snapchat Stories (which inspired the Instagram product), social teams are still finding a... Continue reading at Digiday

[ Digiday | 2016-08-08 00:00:00 UTC ]
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Bezos sells 1% of Amazon shares for $671m

Jeff Bezos has sold 1% of his stake in Amazon - which is just over a million shares, at a value of $671m (£465.2m) - the New York Post has reported. Continue reading at The Bookseller

[ The Bookseller | 2016-05-10 00:00:00 UTC ]
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Publishers’ distributed strategies face murky measurement

The frenzy to distribute digital content across social platforms has given rise to a tangle of measurement questions for publishers and their advertisers. It's impossible for publishers to get a real-time, competitive read on their content because they're at the mercy of the platforms to report... Continue reading at Digiday

[ Digiday | 2016-01-27 00:00:00 UTC ]
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NatGeo Remains King of the Social Media Jungle in Updated List of Top 25 Brands

Shareablee, a social marketing company that specializes in data, today released its brand rankings for the companies that created the best engagement via Facebook, Twitter and Instagram during the third quarter. It's filled with sports players like the NFL, NBA, MLB and Bleacher Report, as well... Continue reading at AdWeek

[ AdWeek | 2015-10-24 00:00:00 UTC ]
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These Are the 10 Magazines With the Biggest Mobile Readerships

Those lingering few who think mobile's not a big deal need only look to a new study from the Association of Magazine Media, which found 26 percent of magazines' total readership comes from smartphones and tablets. The MPA's monthly Magazine Media 360° report dissected publishers' online traffic... Continue reading at AdWeek

[ AdWeek | 2015-08-26 00:00:00 UTC ]
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How Bleacher Report is Facebook-proofing its traffic

While other publishers are trying to maximize their Facebook referrals, the site for sports fans goes for a diversified approach. The post How Bleacher Report is Facebook-proofing its traffic appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2015-02-11 00:00:00 UTC ]
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Gross and Awesome: Businessweek's Cover Model Goes Topless (for the First Time)

Bloomberg Businessweek's latest cover offers a first for the magazine, according to Josh Tyrangiel, the magazine's editor in chief. This week's cover features @bw's first-ever shirtless male model! http://t.co/EOIqeFKvwB pic.twitter.com/QD2EiKXZFv Continue reading at AdAge.com Continue reading at Advertising Age

[ Advertising Age | 2015-01-22 00:00:00 UTC ]
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People on the Move | 01.15.15

Kurt Soller was promoted to editor of Bloomberg Businessweek's Etc. section. He'd been deputy editor of the section previously. Amelia Lester was promoted to executive editor of NewYorker.com. She'd been with the site since 2009. Time has named Meredith Long its publisher. Long had been leading... Continue reading at Folio Magazine

[ Folio Magazine | 2015-01-16 00:00:00 UTC ]
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Tim Cook: "I Consider Being Gay Among The Greatest Gifts God Has Given Me"

"While I have never denied my sexuality, I haven't publicly acknowledged it either, until now. So let me be clear: I'm proud to be gay."In an op-ed published Thursday in Bloomberg Businessweek, Apple CEO Tim Cook, the most powerful man in technology, wrote the following:Read Full Story Continue reading at Fast Company

[ Fast Company | 2014-10-30 00:00:00 UTC ]
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Apple CEO Tim Cook speaks out: ‘I’m proud to be gay’

Apple CEO Tim Cook on Thursday published a moving essay in Bloomberg Businessweek in which he publicly announced for the first time that he is gay. Cook is the first CEO of a Fortune 500 company to publicly come out.Cook is famously private and said he doesn’t think of himself as an activist,... Continue reading at PC World

[ PC World | 2014-10-30 00:00:00 UTC ]
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Vigliano to Sell Agency

The 'New York Post' reports that literary agent David Vigliano is selling his company, Vigliano Associates, to Y Entertainment Group, the entertainment subsidiary of Ron Burkle's private equity and venture capitalist firm, the Yucaipa Cos Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-29 00:00:00 UTC ]
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Canon’s New Camera Ads Focus on People, Not Products

As smartphones continue to erode sales of cameras and equipment, traditional brands are building digital platforms that double as marketing assets. Today, Canon launched the multi-year "See Impossible" campaign, shifting the marketing focus away from products and onto customers' stories. ... Continue reading at AdWeek

[ AdWeek | 2014-10-07 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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News Corp. Seeks Buyer for Brooklyn-Based Newspaper Group

News Corp. is looking for a buyer for its Brooklyn-based local newspaper operation. Capital has learned that the global publishing conglomerate, which also owns The Wall Street Journal and the New York Post, has issued a prospectus to potential b ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-12-11 00:00:00 UTC ]
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News Corp. returns to black in final year before spinoff

News Corp., the publishing company that owns The Wall Street Journal, reported $506 million in net income for the fiscal year ended June 30, the last year before its split from Rupert Murdoch's entertainment operations.The profit, which amounted to 87 cents a share, compared with a loss of $2.08... Continue reading at Crains New York

[ Crains New York | 2013-09-21 00:00:00 UTC ]
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News Corp. takes new tack on digital advertising

News Corp.—which now includes The Wall Street Journal but not 20th Century Fox—is adopting a new strategy for making money from digital advertising: It will no longer sell inventory through outside ad networks but will handle those automated sales itself.The news and information company, which... Continue reading at Crains New York

[ Crains New York | 2013-08-22 00:00:00 UTC ]
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News Corp. Split Official

News Corp.’s long-awaited split is official. Rupert Murdoch’s media behemoth Friday completed the separation of its entertainment from its news and information businesses into two publicly traded companies. The new News Corp (spelled with no period, differentiating it from the previous... Continue reading at AdWeek

[ AdWeek | 2013-06-29 00:00:00 UTC ]
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Hearst to test Dr. Oz magazine next year

Hearst Magazines plans to publish two test issues of a new lifestyle magazine with celebrity physician Dr. Mehmet Oz in the first quarter of 2014, the company said today.The company plans to distribute about 350,000 copies of the first issue to newsstands and another 450,000 to certain... Continue reading at Crains New York

[ Crains New York | 2013-06-25 00:00:00 UTC ]
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News Corporation shutters The Daily tablet newspaper as of December 15th

News Corporation's The Daily was to have been a vanguard of the future, based on the past -- a tablet-focused newspaper that could get us back to paying subscriptions for our regular news fix. Not enough of us were as enthralled with the retro-future concept, however. While CEO Rupert Murdoch... Continue reading at Engadget

[ Engadget | 2012-12-03 00:00:00 UTC ]
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