Condé Nast's Latest Digital Move

Magazine publishers have been criticized for being slow to meet advertisers’ demands for performance metrics, but Condé Nast is taking a step in that direction with an investment in Flite, a cloud-based platform that lets brands measure and adjust their ads in real time. Condé Nast has been a client of Flite's along with other publishers including Hearst Magazines, Forbes, Tribune Interactive and Federated Media; after today's announcement, it now owns 11 percent of it. Condé Nast president Bob Sauerberg told The New York Times that the investment represented an aggressive strategy to deliver “more scalable, robust set of digital offerings” to consumers and marketers. The announcement came out of the Condé Nast Media Group, which just put a greater emphasis on growing digital revenue in a leadership shake-up. The company has made a number of digital acquisitions lately as it seeks to reduce its reliance on print advertising. Publishers have had difficulty converting print dollars to digital revenue, so supposedly, as the use of tools like this spread and they can demonstrate results for clients, they’ll be able to charge higher rates for digital advertising. Continue reading at 'AdWeek'

[ AdWeek | 2012-08-20 00:00:00 UTC ]
News tagged with: #digital offerings #greater emphasis #print advertising #digital revenue #digital advertising

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Data Shot: Condé Nast Boasts Most Individual Advertisers in 2010

Hearst was the 2010 group publisher's ad-page champ according to FOLIO: sister site minonline, while Condé Nast had the largest number of individual brand advertisers across five major consumer publishers, according to data from MagazineRadar. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-17 00:00:00 UTC ]
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Bethan Roberts moves from Serpent's Tail to Chatto

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[ The Bookseller | 2011-03-14 00:00:00 UTC ]
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Cannon moves to Canongate

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[ The Bookseller | 2011-03-09 00:00:00 UTC ]
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The Secret to Digital Growth: Investing In Content?

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[ Folio Magazine | 2011-03-08 00:00:00 UTC ]
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CAMEX 2011: Moving Beyond the Book

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[ Publishers Weekly | 2011-03-07 00:00:00 UTC ]
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Turning Digital into Dollars

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[ Publishers Weekly | 2011-03-07 00:00:00 UTC ]
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[ The Bookseller | 2011-03-07 00:00:00 UTC ]
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[ The Bookseller | 2011-03-04 00:00:00 UTC ]
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[ The Bookseller | 2011-03-02 00:00:00 UTC ]
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[ PC World | 2011-03-02 00:00:00 UTC ]
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[ The Bookseller | 2011-03-02 00:00:00 UTC ]
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[ The Bookseller | 2011-03-01 00:00:00 UTC ]
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[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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[ Publishers Weekly | 2011-02-28 00:00:00 UTC ]
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[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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[ Betanews | 2011-02-28 00:00:00 UTC ]
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[ The Bookseller | 2011-02-25 00:00:00 UTC ]
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[ Folio Magazine | 2011-02-24 00:00:00 UTC ]
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[ Folio Magazine | 2011-02-23 00:00:00 UTC ]
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