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 ]
News tagged with: #core business

Other news stories related to: "Forbes Media pairs tech, tastes for wine club"


Media Sales Rose 7.5% in 2016 at Amazon

Total media sales increased 7.5% in 2016 at Amazon, hitting $22.2 billion. Media now represents only 17.6% of total revenue at the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #total revenue


WIRED Book Club: Loved Arrival? Check Out Ted Chiang’s ‘Story of Your Life’

Now that Ted Chiang is super hot, let's read some of his short fiction for the month of February. The post WIRED Book Club: Loved Arrival? Check Out Ted Chiang's 'Story of Your Life' appeared first on WIRED. Continue reading at Wired

[ Wired | 2017-02-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #short fiction #ted chiang


Fighting ire with hire: Tech firms say immigration boosts employment

U.S. President Donald Trump is seeking to channel populist anger to stem immigration, but tech companies want him to know that hiring immigrants is necessary for the country's economy and boosts overall employment.Apple, Facebook, Microsoft, Amazon and Alphabet are said to be writing Trump a... Continue reading at PC World

[ PC World | 2017-02-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #media outlets #tech firms #tech companies


Canada’s Shelfie, Formerly BitLit Media, Is Shutting Down Its Service

Catching industry observers off-guard, Shelfie—the Canadian bundler of ebooks with customers' print editions—quietly announces its service is folding. The post Canada’s Shelfie, Formerly BitLit Media, Is Shutting Down Its Service appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #post canada


Time Inc. Acquires Ad-Tech Company Adelphic to Beef Up Programmatic Advertising

As Time Inc. continues to pivot from being seen as a print magazine publisher to a digital media player, the company has acquired programmatic ad-tech company Adelphic. Adelphic will join Viant, a marketing company that Time Inc. acquired a year ago that uses first-party data and programmatic... Continue reading at AdWeek

[ AdWeek | 2017-01-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #past couple #premium content #selling point


Trusted Media Brands Names Reader’s Digest Publisher | People on the Move — 1.18.17

Condé Nast Entertainment appoints an SVP, InStyle adds an editor, and more... The post Trusted Media Brands Names Reader’s Digest Publisher | People on the Move — 1.18.17 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-19 00:00:00 UTC ]
More news stories like this |


Jenny Colgan review sparks social media storm

Novelist Jenny Colgan deactivated her Twitter account this weekend after her Guardian review of The Secret Lives of the Amir Sisters by Nadiya Hussain, ghostwritten by Ayisha Mailk, sparked angry reactions on social media. Continue reading at The Bookseller

[ The Bookseller | 2017-01-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #nadiya hussain #secret lives #guardian review #twitter account


UK media chiefs called in by minister for talks on fake news

Matt Hancock’s move follows week in which Donald Trump attacked CNN as ‘fake news’ for reporting on dossier on his Russia linksMinisters have summoned media bosses for talks on “accuracy” in journalism amid growing concern over the rise of fake news. Matt Hancock, the minister of state for... Continue reading at The Guardian

[ The Guardian | 2017-01-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #news organisations #matt hancock #fake news


A Citizen's Survival Guide to the Trumpian Era: 5 Books on Media and Government

Novelist and international affairs specialist Derek B. Miller picks five books on the complex relationship between media and government. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #complex relationship #survival guide


Authors turn out to celebrate W H Smith's Richard and Judy Book Club

Authors including Jilly Cooper, David Nicholls, Robert Harris and Rosamund Lupton turned out at a party to celebrate the success of the Richard and Judy Book Club with W H Smith. Continue reading at The Bookseller

[ The Bookseller | 2017-01-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #robert harris #david nicholls #authors turn


Facebook Finally Admits It's A Giant Media Company—Almost

The social network has long resisted the "media" label. But with its new Journalism Project, it just took a big step in that direction. The social network has long resisted the "media" label. But with its new Journalism Project, it just took a big step in that... Continue reading at Fast Company

[ Fast Company | 2017-01-12 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #big step #journalism project


Facebook hires former news anchor to help its relationships with media outlets

Facebook has hired former NBC and CNN anchor Campbell Brown to help with its ties to news outlets, which has been a point of friction. Brown will be the Menlo Park company’s head of news partnerships, she wrote in a Facebook post on Friday. “I will be working directly with our partners to help... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-01-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #working directly #news partnerships #news outlets #media outlets #facebook post


Penske Media Corporation Buys Into Robb Report

Publisher of Variety, WWD partners with Rockbridge Growth Equity to share digital expertise. The post Penske Media Corporation Buys Into Robb Report appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #robb report


The Winners and Losers in Magazine Media: 2016

The Modern Magazinist delivers his year-in-review. The post The Winners and Losers in Magazine Media: 2016 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #magazine media


Disillusioned by Publishers? Join the Club!

The Internet is filled with outrage over the $250,000 advance from Simon and Schuster to alt-right writer Milo Yiannopolous Continue reading at HuffPost

[ HuffPost | 2016-12-31 18:30:47 UTC ]
More news stories like this |


Facebook, Google, consolidation: What drove media deals in 2016

Media ownership is being overhauled as companies try to figure out their place in a world where 85 percent of digital dollars are going to two companies: Facebook and Google. The platform giants' dominance were factors in AT&T's $85 billion bid for Time Warner and other mega deals that were... Continue reading at Digiday

[ Digiday | 2016-12-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #time warner #platform giants #digital dollars #post facebook


Honest Few turns your social media posts into money for books

With ebook libraries, Amazon Prime Reading and the plethora of online services available putting free publications in your various devices, it's a wonder that people still pay any money for books anymore. But a new website called Honest Few is found... Continue reading at Engadget

[ Engadget | 2016-12-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #online services #books anymore


Media Execs On Their Biggest Wins of 2016

As magazine media continues to change and leaders in the field wrangle emerging technologies, there were several major wins this year. The post Media Execs On Their Biggest Wins of 2016 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-12-23 00:00:00 UTC ]
More news stories like this |


BrandPost: In the New Year, Use Tech to Live Life to the Fullest

It seems like every new year brings the same old batch of resolutions: lose weight, join a gym, organize that closet once and for all. But according to consumer research firm Nielsen, there’s another self-improvement pledge that’s nearly as popular as fitness: “Enjoy life to the fullest.”That... Continue reading at PC World

[ PC World | 2016-12-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #lose weight #live life


What’s Trending in Magazine Media | 12.20.16

A recap of the week's top stories courtesy of VerticalFeed, a new service from Folio:. The post What’s Trending in Magazine Media | 12.20.16 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-12-20 00:00:00 UTC ]
More news stories like this |