Peak Media Properties, a new company owned by Terence O’Toole’s private investment vehicle Macanta Investments, LLC, launched on Monday to house 20 former F+W Media crafts, design and fine arts titles. F+W’s former Artist’s Network and Crafts communities, which includes Artists Magazine, The Quilting Company and Interweave.com, as well as its HOWDesign.com and PrintMag.com properties were originally sold to Macanta Investments, LLC—also an investor in F+W—during the company’s bankruptcy auction last month for a total of $3,525,000. O’Toole, who had served as chairman of F+W's board of directors, was also a co-managing partner of the private investment firm Tinicum Inc., which had acquired a majority stake in F+W in 2014. The formation of Peak Media, which former F+W CEO Gregory Osberg will continue to lead as its CEO, was part of a strategic plan to come out of the Chapter 11 bankruptcy proceedings with clean assets and no more lingering financial burdens, according to Osberg. “The company has been financially challenged for the past couple of years, probably since 2017, so it just wasn’t in the position to apply the resources and the investment necessary for growth,” he tells Folio:. “The products were always sound—they had very loyal customers, readers and advertisers—but we just didn’t have the resources to launch new initiatives.” Osberg was originally brought into F+W as a consultant in January 2018 and took on the role of interim chief executive following the... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-07-30 19:32:49 UTC ]
News tagged with:
#distribution costs
#early stages
#strong foundation
The head of Facebook in Australia has urged the government to make changes to laws designed to force digital platforms to pay media companies for content. Continue reading at Stuff
[ Stuff | 2021-01-20 18:52:54 UTC ]
More news stories like this | News stories tagged with:
#digital media
Claire Blunt has been chief financial, operations and data officer for Hearst Europe. Continue reading at Media Week
[ Media Week | 2021-01-14 13:39:31 UTC ]
More news stories like this | News stories tagged with:
#advertising chief
#hearst
Should the public be represented if digital media has created a new public square? Continue reading at Media Week
[ Media Week | 2021-01-12 14:01:06 UTC ]
More news stories like this | News stories tagged with:
#public square
#digital media
Digital media company Pondr Global launched its flagship site, called iPondr, on Monday. The site is focused on national stories that aren't quite breaking news. It launched with verticals including "Dimensions of Health," "Women at Work," and "The Great Rural" and stories on subjects like... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2021-01-12 12:00:09 UTC ]
More news stories like this | News stories tagged with:
#breaking news
#digital media
Vice Media spent 2020 putting news more at the forefront of its brand, but it still has work to do positioning itself in the digital media landscape. The post For Vice Media, bad-boy news culture is dead, long live news appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-12-30 05:01:28 UTC ]
More news stories like this | News stories tagged with:
#vice media
#digital media
Laura Carpenter, CEO of Abridge News, a Boston-born digital media startup that went through the MassChallenge Boston accelerator in 2018, has decided to pull the plug, citing challenges in sustaining the business. The decision was effective on Dec. 11, after approximately three years of... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-12-28 11:30:00 UTC ]
More news stories like this | News stories tagged with:
#digital media
Writers Kimberly Drew and Jenna Wortham have edited and brought forth to the world Black Futures, a visually-stunning mixed-media anthology that threads together different facets of Black culture and thought by some of today’s most esteemed poets, artists, academics, and creatives. At its heart,... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-11 09:49:52 UTC ]
More news stories like this | News stories tagged with:
#kimberly drew
#jenna wortham
#black culture
#literary hub
#anthology
Farewell, Total Audience Measurement. Hello, Nielsen One. In a major overhaul of its video measurement, Nielsen said today it is preparing to offer a new cross-media solution, called Nielsen One. The new video analytics tool will enable publishers and marketers to transact on a single metric... Continue reading at AdWeek
[ AdWeek | 2020-12-08 11:00:33 UTC ]
More news stories like this | News stories tagged with:
#major overhaul
#enable publishers
#single metric
#digital platforms
#nielsen
Digital media businesses want to scale globally in competition with 'new breed' of digital media businesses Brainlabs, Croud, Jellyfish and S4. Continue reading at Media Week
[ Media Week | 2020-12-03 09:34:13 UTC ]
More news stories like this | News stories tagged with:
#digital media
Publishing partners pay no out-of-pocket fees for the company’s “white-glove” service. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-30 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishing partners
Red Wheel/Weiser, a publisher of titles on mind-body-spirit and the occult, is joining with Dreamscape Media, an audio book production house and distributor, to launch Red Wheel Audio, a multi-year audiobook program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-24 05:00:00 UTC ]
More news stories like this | News stories tagged with:
#red wheel/weiser
#dreamscape media
#audiobook
#audio book
As part of the deal, Verizon is acquiring a minority stake in BuzzFeed, which will use the telecom giant’s ad platform to reach more customers. Continue reading at Advertising Age
[ Advertising Age | 2020-11-19 19:16:51 UTC ]
More news stories like this | News stories tagged with:
#buy huffpost
#minority stake
#ad platform
#digital media
Acquisition unites two of the largest players in digital mediaNews comes after both companies made deep cutsBuzzFeed has agreed to buy HuffPost the companies said Thursday, uniting two of the largest players in digital media in the latest example of consolidation in the sector.The acquisition is... Continue reading at The Guardian
[ The Guardian | 2020-11-19 18:56:11 UTC ]
More news stories like this | News stories tagged with:
#buy huffpost
#verizon media
#media arm
#digital media
As you may have noticed, Barack Obama has a book out today. It’s a memoir, titled A Promised Land, that runs to more than seven-hundred pages and is still only a first volume—covering the period from Obama’s childhood to the raid, in 2011, that killed Osama bin Laden. Originally, Obama planned... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-11-17 13:29:32 UTC ]
More news stories like this | News stories tagged with:
#publish writers
#vladimir putin
#announced plans
#memoir
#bertelsmann
With Barack Obama's memoir out from Viking on Tuesday (17th November), PRH's UK media campaign will kick off this weekend. Continue reading at The Bookseller
[ The Bookseller | 2020-11-13 00:35:10 UTC ]
More news stories like this | News stories tagged with:
#barack obama
#memoir
Government will oversee online news, social media and video streaming platformsIndia’s government has ordered that all online news, social media and video streaming platforms such as Netflix and Amazon Prime are to be subject to state regulation, raising fears of increased censorship of digital... Continue reading at The Guardian
[ The Guardian | 2020-11-11 18:02:04 UTC ]
More news stories like this | News stories tagged with:
#online news
#amazon prime
#raising fears
#digital news
#digital media
Sarah Hanson-Young secures inquiry after the popularity of Kevin Rudd’s petition for a royal commission into News CorpThe former prime ministers Kevin Rudd and Malcolm Turnbull will be called to give evidence at a Senate inquiry into media diversity that will examine the dominance of News Corp... Continue reading at The Guardian
[ The Guardian | 2020-11-11 08:24:08 UTC ]
More news stories like this | News stories tagged with:
#kevin rudd
#malcolm turnbull
#senate inquiry
#give evidence
#media diversity
#royal commission
#murdoch media
#news corp
Greens senator says ‘cosy relationship’ between Coalition and News Corp should be scrutinised after half a million people back a royal commissionGreens senator Sarah Hanson-Young will move to establish a Senate inquiry into media diversity on Wednesday following the popularity of Kevin Rudd’s... Continue reading at The Guardian
[ The Guardian | 2020-11-10 16:30:14 UTC ]
More news stories like this | News stories tagged with:
#sarah hanson-young
#kevin rudd
#senate inquiry
#media diversity
#royal commission
#murdoch media
#news corp
Former prime ministers urge others to join push for royal commission into lack of media diversity in AustraliaFormer Australian prime minister Malcolm Turnbull has signed Kevin Rudd’s petition calling for a royal commission into News Corp’s dominance of the Australian media.Rudd, also a former... Continue reading at The Guardian
[ The Guardian | 2020-10-25 05:42:32 UTC ]
More news stories like this | News stories tagged with:
#petition calling
#royal commission
#media diversity
#australian media
#business models
#news corp
A Frisco startup is looking to cut through the noise of other social media apps and give digital content creators a way to reach more fans. TUBBR, an invite-only social network, announced landing Angel Funding from Global Ascent Partners that it plans to use for its upcoming beta launch.... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-10-24 12:00:00 UTC ]
More news stories like this | News stories tagged with:
#financial terms
#digital content