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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Tasting Table is looking beyond Facebook to make money off video

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[ Digiday | 2016-02-18 00:00:00 UTC ]
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Sales of Emma Watson's first book club title soar

Sales of Gloria Steinem's On the Road have peaked after it was selected as the first read for Emma Watson's new feminist book club.  Continue reading at The Bookseller

[ The Bookseller | 2016-02-16 00:00:00 UTC ]
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Girls' basketball: City playoff pairings

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[ Los Angeles Times | 2016-02-14 00:00:00 UTC ]
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Social media 'phenomenon' Ben Phillips to Blink

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[ The Bookseller | 2016-02-13 00:00:00 UTC ]
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Scholastic Reading Club’s Judy Newman: ‘Joy and Bonding’

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[ Publishing Perspectives | 2016-02-10 00:00:00 UTC ]
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Active Interest Media’s Jonathan Dorn on New Marketing-Services Unit

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[ Folio Magazine | 2016-02-10 00:00:00 UTC ]
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[ Folio Magazine | 2016-02-05 00:00:00 UTC ]
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At AMMC 2016, A New Confidence in the Air For Large Magazine Media Brands

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[ Folio Magazine | 2016-02-05 00:00:00 UTC ]
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The Audio Book Club Travels to (Lucia) Berlin

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[ Slate | 2016-02-04 00:00:00 UTC ]
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[ Digiday | 2016-02-03 00:00:00 UTC ]
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[ Advertising Age | 2016-02-03 00:00:00 UTC ]
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[ The Guardian | 2016-02-02 00:00:00 UTC ]
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[ Slate | 2016-01-30 00:00:00 UTC ]
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[ Digiday | 2016-01-28 00:00:00 UTC ]
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[ Advertising Age | 2016-01-28 00:00:00 UTC ]
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[ The Guardian | 2016-01-27 00:00:00 UTC ]
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[ Advertising Age | 2016-01-27 00:00:00 UTC ]
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Two newspaper closures as Canada's media crisis deepens

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[ The Guardian | 2016-01-26 00:00:00 UTC ]
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[ The Guardian | 2016-01-26 00:00:00 UTC ]
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[ Publishers Weekly | 2016-01-22 00:00:00 UTC ]
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