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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Linda Thomas Brooks to Lead MPA, The Association of Magazine Media

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[ Advertising Age | 2016-01-15 00:00:00 UTC ]
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Digital media needs to make user experience a priority — or else

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[ Digiday | 2016-01-15 00:00:00 UTC ]
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Redwood Media Group Acquires Two Art Shows

Publisher of Decor and Art Business News adds Red Dot Art Fair and Art Santa Fe to growing exhibitions division. The post Redwood Media Group Acquires Two Art Shows appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-01-14 00:00:00 UTC ]
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Who’s winning at tech news on the Web

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Goodreads to host Emma Watson's new 'feminist book club'

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#DiverseDecember creators expand 'hugely popular' social media campaign to run for all of 2016

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E L James helps raise funds for flood-hit cricket club

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This Was the Year the Media Started Doubting the Web

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Waterstones reveals New Year Book Club titles

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[ The Bookseller | 2015-12-24 00:00:00 UTC ]
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Incisive Media becomes second UK publisher to ban ad blocker users

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[ Digiday | 2015-12-22 00:00:00 UTC ]
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The Highest-Growth Revenue Streams for Magazine Media in 2015

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5 Things We Learned in 2015 From the Year in Media Deals

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[ Editor & Publisher | 2015-12-18 00:00:00 UTC ]
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This Ad-Tech Company Thinks Interactive Video Ads Can Bypass Blockers

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Vivendi chief executive to chair media buyout firm Gloo Networks

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[ The Guardian | 2015-12-15 00:00:00 UTC ]
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The Audio Book Club Invokes Fates and Furies

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[ Slate | 2015-12-10 00:00:00 UTC ]
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Why Bauer Media ditched its sales team and went all programmatic

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