Rolling Stone’s Publisher and CRO Exits After 12 Months in the Role

Publisher and chief revenue officer Andrew Budkofsky is out at Rolling Stone after just one year in the role, parent company Penske Media Corp. (PMC) has confirmed. "Rolling Stone and Andrew have agreed upon a mutual separation," says a rep for PMC, the publisher of Variety and WWD, among others, which acquired a majority stake in Rolling Stone from longtime publisher and co-founder Jann Wenner in December 2017 before buying up the remaining 49% earlier this year. Tapped by PMC to succeed Wenner in the publisher capacity last May, Budkofsky—who had spent the previous four years as CRO of the tech news site Digital Trends—was brought in primarily for his digital media acumen, focused on using PMC's broader scale and deeper pockets to expand the 51-year-old pop culture magazine's online, video and live events offerings, while relaunching its print edition as a higher-priced monthly product. [caption id="attachment_158667" align="alignright" width="145"] Andrew Budkofsky[/caption] The PMC rep declined to go into details on the circumstances surrounding Budkofsky's departure or when a replacement will be announced, but noted that Budkofsky left the company in April. His exit comes as Rolling Stone readies a pair of significant new launches: a paid membership platform called RS Pro and, as Vanity Fair reported Tuesday, its own music charts in a bid to challenge rival magazine Billboard's Hot 100—a move foreshadowed by PMC's acquisition of music-consumption analytics firm... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-05-09 00:00:00 UTC ]
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PRH publishes gender pay gap nine months early and unveils plans for parental leave

Penguin Random House has revealed its gender pay gap figures nine months early with a largely unchanged balance sheet but with a new initiative which sees all new parents at the company given the opportunity to take 12 months off from next year. Continue reading at The Bookseller

[ The Bookseller | 2019-07-24 23:00:06 UTC ]
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Gus Wenner Is Following Through on His Vision for Rolling Stone

A lot has happened at Wenner Media over the past 2 years. Perhaps more than in its 50 years prior. The company was founded by Jann Wenner in 1967, when he launched the music weekly Rolling Stone. Thereafter, it grew into a nine-figure annual revenue company. It introduced other familiar... Continue reading at Folio Magazine

[ Folio Magazine | 2019-06-06 15:50:33 UTC ]
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Vanity Fair does Star Wars, the Vogue thief, Esquire’s editor to exit: Publisher’s Brief

Welcome to the latest edition of Ad Age Publisher’s Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here’s the previous edition. Hooray! Somebody’s gonna sell a lot of print media! OK, to Star Wars nerds, but... Continue reading at Advertising Age

[ Advertising Age | 2019-05-23 18:07:02 UTC ]
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'Publishing legend' Edwards steps down from Orion and Gollancz roles

Orion consultant publisher and Gollancz chair Malcolm Edwards is stepping down from his roles after first joining the SFF imprint 43 years ago. Continue reading at The Bookseller

[ The Bookseller | 2019-05-23 05:36:42 UTC ]
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Springer Nature calls on publishers to adopt new OA role

Springer Nature’s chief publishing officer Steven Inchcoombe has proposed a new approach to research publishing, which will see publishers move from being “passive enablers” of open access to being “active drivers” of it. Continue reading at The Bookseller

[ The Bookseller | 2019-05-09 00:00:00 UTC ]
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Facebook is paying 12 publishers for Watch shows starring video creators

Publishers in the new Facebook-funded program include BuzzFeed, Conde Nast and Viacom. The post Facebook is paying 12 publishers for Watch shows starring video creators appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-03-12 00:00:00 UTC ]
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Bloomberg Media's CRO thinks it's a great time to be a publisher

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[ Advertising Age | 2019-01-17 00:00:00 UTC ]
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New research highlights UK academic publishing’s ‘integral role’ in innovation

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[ The Bookseller | 2018-11-14 00:00:00 UTC ]
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Why do publishers still release books in hardback, months before the paperback?

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[ The Guardian | 2018-10-08 00:00:00 UTC ]
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Facebook rolls out system to include news publishers in its controversial Ad Archive

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[ Digiday | 2018-09-18 00:00:00 UTC ]
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Publishing Sales Rise 5.5% in First Four Months of 2018

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[ Publishers Weekly | 2018-07-27 00:00:00 UTC ]
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Sports publisher theScore’s Facebook Messenger bot has 500,000 monthly users

The publisher formed a six-person emerging platforms team to experiment with new products and features. The post Sports publisher theScore’s Facebook Messenger bot has 500,000 monthly users appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-06-19 00:00:00 UTC ]
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Jonny Benjamin on publishing's role in raising mental health awareness

For Mental Health Awareness Week, we spoke to Jonny Benjamin MBE about his debut memoir The Stranger on the Bridge (Bluebird).  Continue reading at The Bookseller

[ The Bookseller | 2018-05-17 00:00:00 UTC ]
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While Facebook battles fires, Google rolls out pro-publisher initiatives

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[ Digiday | 2018-03-20 00:00:00 UTC ]
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Rolling Stones and Wiley compete for Penderyn Music Book Prize

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[ The Bookseller | 2018-01-17 00:00:00 UTC ]
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With no sign of Watch, Facebook mid-roll ads yield slim prospects for UK publishers

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[ Digiday | 2018-01-16 00:00:00 UTC ]
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Rolling Stone Puts Itself Up for Sale

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[ Advertising Age | 2017-09-18 00:00:00 UTC ]
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Alex Field, V-P and Publisher, to Exit WaterBrook and Multnomah

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[ Publishers Weekly | 2017-08-16 00:00:00 UTC ]
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‘In reality, we are a content company’: Football clubs embrace the role of digital publisher

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[ Digiday | 2017-06-12 00:00:00 UTC ]
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