Conde Nast Spins Off Lucky Magazine but Keeps Majority Stake

Conde Nast ended years of speculation on Monday about whether it would shutter Lucky or continue to print the sputtering magazine by instead spinning off Lucky into a separate company called The Lucky Group.The new company is a joint venture between Conde Nast and BeachMint, an e-commerce company co-founded by Josh Berman, who also co-founded MySpace. Mr. Berman will be CEO of The Lucky Group. The company's board of directors will include a representative from Conde Nast, which is the majority shareholder, according to a Conde Nast employee.The Lucky Group will have about 180 employees, with an office in Santa Monica, Calif., where BeachMint is headquartered, and an office in New York that will be separate from Conde Nast, according to Mr. Berman. No one from Lucky will be laid off, he added. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2014-08-12 00:00:00 UTC ]

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Epicurious Wins ASME's General Excellence Digital Ellie Award

The American Society of Magazine editors today unveiled the winners of its second-ever Digital Ellies awards. Conde Nast's Epicurious took the award in the General Excellence category as well as top honors in the category of Interactive Tool. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-17 00:00:00 UTC ]
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Pearson moves into online tutoring

Sanchia Berg reports on the publishing company Pearson who have bought a majority stake in an Indian online tutoring company Tutorvista Continue reading at BBC News

[ BBC News | 2011-01-21 00:00:00 UTC ]
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How One Small Publisher Cracked the App Store Top 25

Publishers are launching iPhone and iPad apps on a daily basis (unless you're Bonnier, then it seems almost hourly). Many are coming from the usual suspects with deep pockets--Hearst, Conde Nast, Time Inc. etc. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-19 00:00:00 UTC ]
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