Hearst Invests $21 Million in Pop-Culture Network Complex Media

Hearst has made another bet on an emerging pop-culture brand, investing $21 million in Complex Media, a digital-media company that operates websites devoted to music, fashion, food and movies.Hearst, the publisher of Cosmopolitan and Esquire magazines, last year acquired a 25% stake in youth-focused online programmer AwesomenessTV and invested in Vice Media through its jointly owned A&E Networks. This most recent round brings the total raised by Complex, whose properties include the fan-boy site Collider, to $52 million, according to a statement Tuesday.Media companies are investing in online enterprises that provide promising, inexpensive new formats and talent at a time of uncertainty in the traditional TV business. Hearst, based in New York, is targeting very strong brands that could turn into cable networks of the future, said Neeraj Khemlani, president of the company's digital studios unit. He said Complex could especially help Hearst attracting young men. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2015-09-22 00:00:00 UTC ]
News tagged with: #statement tuesday #media companies #strong brands #cable networks

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Zibby Media Withdraws National Book Award Sponsorship over Potential for 'Hate Speech'

With several National Book Awards finalists planning to call for a ceasefire in Gaza at tomorrow's ceremony, Zibby Media has withdrawn its sponsorship of the event over what CEO Zibby Owens called the "inappropriate conduct and collusion of its nominees." Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-14 05:00:00 UTC ]
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Sharjah’s 42nd Book Fair: More Than1.2 Million Visitors

Early numbers from the UAE indicate that the 2023 Sharjah International Book Fair has drawn at least 1.2 million visitors. The post Sharjah’s 42nd Book Fair: More Than1.2 Million Visitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-11-13 03:54:12 UTC ]
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G/O Media Shutters Jezebel, Lays Off Staff and Editorial Director Merrill Brown

The digital publisher G/O Media has shuttered Jezebel, the feminist publisher, amid a broader sweep of layoffs across the G/O Media portfolio that will affect 23 staff in total, according to an internal memo shared by chief executive Jim Spanfeller. The cuts come just two days after the company... Continue reading at AdWeek

[ AdWeek | 2023-11-09 16:29:51 UTC ]
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Britney Spears’s Memoir Sells 1.1 Million in First Week

Britney Spears's memoir sold 1.1 million copies in its first week. Here are some other recent celebrity memoir sales numbers. Continue reading at Book Riot

[ Book Riot | 2023-11-02 14:55:52 UTC ]
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Movers and Shakers: Publicis, Jellyfish, WPP, Publicis.Poke, Wavemaker, Dentsu, Hearst and more

Welcome to Campaign's weekly round-up of the hires, departures and promotions across the industry. Continue reading at Media Week

[ Media Week | 2023-11-02 09:10:33 UTC ]
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Britney Spears's 'The Woman in Me' Sells More Than 1 Million Copies

In its first week on sale in the U.S., the pop star's debut memoir sold a total of 1.1 million copies across pre-orders, sales of print books, e-books, and audiobooks formats, according to publisher Gallery Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-02 04:00:00 UTC ]
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ALA Report Looks at Millennial, Gen Z Library Usage, Media Habits

The report, based on a “nationally representative” 2022 survey of some 2,075 Gen Z and Millennials, presents one of the most in-depth looks at how growing up in an increasingly digital environment has shaped the reading and media consumption behavior of younger Americans. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-02 04:00:00 UTC ]
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Crooked Media Founders Announce Debut Book with Zando Imprint

Jon Favreau, Jon Lovett, and Tommy Vietor, who host the popular politics podcast 'Pod Save America,' will publish their debut book with their Zando imprint, Crooked Media Reads, next June. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-19 04:00:00 UTC ]
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K-Pop Comes to Comic Books

This fall, hit K-pop bands including BTS, ENHYPHEN, and Tomorrow x Together will make their debut in bookstores and comic shops across North America—as a trio of full-color comics from IZE Press. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-03 04:00:00 UTC ]
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Bloomberg Media Restructures Sales Team to Streamline Events, Integrated Marketing

Business and financial news publisher Bloomberg Media is restructuring its sales and marketing divisions around industries like tech, finance, auto, luxury and consultancy, rather than geography, to streamline operations and strengthen its appeal to advertisers, according to chief revenue... Continue reading at AdWeek

[ AdWeek | 2023-09-28 10:30:00 UTC ]
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For premium publishers, proving an advertiser’s return on investment is more important than ever

Media execs took stage at the Digiday Publishing Summit to discuss the growing importance of ROI in ad campaigns this year. Continue reading at Digiday

[ Digiday | 2023-09-22 04:01:00 UTC ]
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Media Briefing: Publishers say a cookie-less future remains murky, overheard at the Digiday Publishing Summit

Publishers who attended the Digiday Publishing Summit opened up about their top challenges, concerns and curiosities during closed-door, anonymous town hall meetings. Continue reading at Digiday

[ Digiday | 2023-09-21 04:01:00 UTC ]
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Vice Media Group’s Cory Haik says company’s publishing business is ‘very close to profitability’

During the Digiday Publishing Summit, the COO of VMG’s news and entertainment arm explained how its publishing business plans to bounce back over the next 12 to 18 months. Continue reading at Digiday

[ Digiday | 2023-09-20 04:01:00 UTC ]
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WaterBrook’s Wingfeather Saga Sells 1 Million Copies ‘On Its Own Terms’

Wingfeather, Andrew Peterson’s middle grade fantasy series from Christian publisher WaterBrook, follows three siblings as they encounter good versus evil, in a story ‘that doesn’t cheapen the reality that the world can be a scary place,’ the author says. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-13 04:00:00 UTC ]
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Here’s the shortlist for the 2023 British Academy Book Prize for Global Cultural Understanding.

Today, the British Academy announced the shortlist for the 2023 British Academy Book Prize for Global Cultural Understanding, an international book prize, now in its 11th year, that “celebrates ground-breaking research-based works of non-fiction that have made an outstanding contribution to the... Continue reading at Literrary Hub

[ Literrary Hub | 2023-09-12 00:00:56 UTC ]
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Media Briefing: How digital publishers spent summer 2023

It was a hot summer of activity within the digital media space as publishers experimented with new technology, rode the social media rollercoaster and looked for ways to offset the hits to ad revenue. Continue reading at Digiday

[ Digiday | 2023-08-31 04:01:00 UTC ]
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Nielsen and TV networks clash again over Amazon data as MRC debates adoption

Nielsen says networks had months to integrate their own streaming data, but networks deny meaningful talks happened. Continue reading at Advertising Age

[ Advertising Age | 2023-08-30 21:14:51 UTC ]
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Ingram Adds Chambersburg to Its POD Distribution Network

Ingram Content Group has added a print-on-demand function at its facility in Chambersburg, Pa.—long the hub for Ingram’s East Coast distribution business—augmenting the center’s wholesale and distribution capabilities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-28 04:00:00 UTC ]
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Lit Hub Weekly: August 21-25, 2023

“Whatever has been invented, Le Guin teaches us, can be reinvented.” John Plotz revisits Earthsea. | Lit Hub Criticism Moeen Farrokhi on writing and humiliation under Iranian censorship: “I began to question the very act of writing itself.” | Lit Hub Memoir “No one needs my opinion about books.”... Continue reading at Literrary Hub

[ Literrary Hub | 2023-08-26 10:30:54 UTC ]
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