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 ]

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New York mag tries Manhattan hand-delivery

New York magazine is trying to remedy rising postal costs and slower postal deliveries by distributing many subscriber copies by hand—at least for Manhattan subscribers with doormen. After a test than began in May, sparked by concerns that post-office cutbacks would only continue to worsen, New... Continue reading at Crains New York

[ Crains New York | 2012-09-28 00:00:00 UTC ]
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Lewinsky inks $12m book deal

Monica Lewinsky, the former White House intern whose affair with then-President Bill Clinton paralysed the nation, has been shopping a memoir for several weeks, and according to the New York Post, she has apparently sold it for US$12 million (NZ$14.5 million) to an unnamed publisher. Continue reading at Stuff

[ Stuff | 2012-09-24 00:00:00 UTC ]
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Bloomberg Businessweek Eyes Push Into UK Market

Bloomberg Businessweek has signalled its intention to make greater inroads into the UK market and become a “real global brand” by increasing its circulation in Europe and Asia by 80,000 copies a week. The US-based magazine giant ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-07-05 00:00:00 UTC ]
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Bloomberg Businessweek goes magazine-y on the iPhone

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[ Editor & Publisher | 2012-04-12 00:00:00 UTC ]
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Behind Bloomberg Businessweek’s Site Redesign

After relaunching its print product two years ago, Bloomberg Businessweek recently debuted a redesigned website to reflect the changes readers are seeing in print. A CMS overhaul, upgraded workflow and refreshed home page are all part of the final product. Continue reading at Folio Magazine

[ Folio Magazine | 2012-03-08 00:00:00 UTC ]
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New York Post Launches New Kindle Fire App

Add the New York Post to the growing list of publications that are releasing apps optimized for the Kindle Fire and in this case, other seven-inch Android tablets too. “This app adds to our array of critically-acclaimed and successful app ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-01-18 00:00:00 UTC ]
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Bloomberg Signs Up For Apple Subscriptions [MediaMemo]

Bloomberg Businessweek's new app gives Apple the terms it wants -- and gives subscribers a reasonably-priced magazine. Imagine that. Continue reading at AllThingsD

[ AllThingsD | 2011-04-11 00:00:00 UTC ]
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BusinessWeek Sees First Quarter Upswing in Ad Pages

Bloomberg BusinessWeek is certainly seeing the fruits of its redesign labors. According to figures released by the Publisher’s Information Bureau, BusinessWeek experienced an increase of 49 percent in ad sales for 2011’s first quarter, compared to 2010’s first quarter. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-07 00:00:00 UTC ]
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