Forbes Media pairs tech, tastes for wine club

Forbes Media is joining the wine club.In the now venerable tradition of publishers extending their brand into non-publishing businesses, Forbes has joined The Wall Street Journal, The New York Times, Rolling Stone and Food & Wine in starting its own wine club.But the family-controlled media company says it's taking a different approach from everyone else. Forbes has partnered with wine e-commerce startup Lot18, whose Tasting Room technology creates a personalized wine "print" that tailors selections to each customer.After members do an initial tasting with a sampler kit and fill out an online survey, they're shipped wine that reflects their tastes in the way Netflix recommends movies to its subscribers based on what they like. Their wine profile continues to be updated as they grade what they drink, explained Lot18 Chief Executive Jay Sung."We met with four or five different wine clubs," said Chief Operating Officer Mike Federle, who joined Forbes in 2011 with a mandate to create brand extensions. "The technology was the differentiator."The Forbes Wine Club and its website will launch on Thursday.Forbes Wine Club members will pay around $10 for the tasting kit, $85 for their first case of a dozen bottles and about $150 for each quarterly delivery thereafter. Forbes and Lot18 will share profits.Mr. Federle believes the club will become a serious business worth "many millions" for Forbes, whose website drew 46 million unique visitors in June, according to... Continue reading at 'Crains New York'

[ Crains New York | 2013-07-17 00:00:00 UTC ]
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Barnes & Noble 'founder' pondering bid to buy back retail business, hive off Nook Media

Just 12 hours after (already denied) rumors circulated that Barnes & Noble may ditch its Nook business, the company has had to make an announcement concerning its retail division. Thanks to SEC regulations, the company has had to 'fess up that majority shareholder and "founder*" Leonard... Continue reading at Engadget

[ Engadget | 2013-02-25 00:00:00 UTC ]
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The Audio Book Club on Pride and Prejudice

To listen to the Audio Book Club discussion of Pride and Prejudice, click the arrow on the player below. Continue reading at Slate

[ Slate | 2013-02-02 00:00:00 UTC ]
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Top Magazine Media Deals of 2012

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[ Folio Magazine | 2013-01-30 00:00:00 UTC ]
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3 Epiphanies About Social Media Marketing for Books

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[ Publishing Perspectives | 2013-01-29 00:00:00 UTC ]
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Goul-Wheeker joins Green Star Media

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[ The Bookseller | 2013-01-16 00:00:00 UTC ]
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Belgian Media Planning Shared Digital Content Passport

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[ Editor & Publisher | 2013-01-02 00:00:00 UTC ]
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Pearson to Invest $89.5 Million in Barnes & Noble's Nook Media

Publishing and education company Pearson PLC agreed to invest $89.5 million for a 5 percent stake in Barnes & Noble Inc.'s digital-business unit, Nook Media LLC. Continue reading at AllThingsD

[ AllThingsD | 2012-12-29 00:00:00 UTC ]
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Pearson buys a small stake in Nook Media, wants a fast track for digital education

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[ Engadget | 2012-12-29 00:00:00 UTC ]
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Should Book Editors Be Involved in Social Media Engagement?

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[ Publishing Perspectives | 2012-12-10 00:00:00 UTC ]
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Pizza Hut and W H Smith bite into book club

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[ The Bookseller | 2012-12-07 00:00:00 UTC ]
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Oprah Winfrey selects 'The Twelve Tribes of Hattie' as the next title for her book club (+ video)

'The Twelve Tribes of Hattie,' a first novel for author Ayana Mathis, has become the latest book chosen for Oprah Winfrey's Book Club 2.0. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-12-05 00:00:00 UTC ]
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‘The Hobbit’ Tops in Social Media

The books drawing the most interest on social media in November were mostly tied to movies, according to CoverCake, whose analytical tools track what is trending on various social media platforms. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-12-03 00:00:00 UTC ]
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The Audio Book Club on NW

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[ Slate | 2012-11-30 00:00:00 UTC ]
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Why Publishers Need to Collaborate with Tech Companies

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[ Publishing Perspectives | 2012-11-29 00:00:00 UTC ]
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Penguin buys back Puffin Book Club

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[ The Bookseller | 2012-11-19 00:00:00 UTC ]
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American City Business Journals Acquires Streetwise Media

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[ Editor & Publisher | 2012-11-16 00:00:00 UTC ]
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'The Baby-sitters Club' novels will get ebook releases

The first 20 books in the popular children's series by Ann M. Martin will be released in electronic format on Dec. 1. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-11-16 00:00:00 UTC ]
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Federated Media Shutters Its Direct Sales Business

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[ AdWeek | 2012-11-09 00:00:00 UTC ]
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VHS and Vinyl: Why People Love Retro Media

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[ The Atlantic | 2012-11-07 00:00:00 UTC ]
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European Commission : 10 Facts About Media and Content Industries

10 facts about media and content industries 1. Digitization has increased book sales. Expenditure on electronic books almost doubled each year in 2006-2010 but still amounts to only 3% of global book sales. Forecasts however predict that reve ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-10-25 00:00:00 UTC ]
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