SpinMedia buys Vibe magazine and websites

SpinMedia has bought Vibe in a deal that could prove to be the end of the print edition of the famed hip-hop culture magazine.Vibe magazine was founded in 1993 by legendary producer Quincy Jones. The company has changed hands several times and like many publications, has turned its focus to its online business as the popularity of print products has faded among consumers.Under the terms of the deal, digital media company SpinMedia will acquire Vibe.com, Vibevixen.com and the print rights to Vibe magazine. Financial terms were not disclosed.SpinMedia, previously known as Buzzmedia, owns a number of pop culture brands such as SPIN, Celebuzz, The Frisky and Buzznet. The company did not say in a news release if it would close Vibe's print publication, but indicated its focus would be on building Vibe's digital business.A representative for SpinMedia could not be reached immediately for comment Thursday.Vibe could follow the path of another landmark music magazine, SPIN, which Buzzmedia acquired last year and subsequently halted print production, opting instead for an online-only presence.Vibe Media CEO Ari Horowitz said in a statement that the company made huge strides developing Vibe as a digital and mobile property over the past year, having doubled its online traffic."Joining with SpinMedia will enable Vibe to continue to evolve and grow as a vibrant digital media brand," he said.Vibe was shut down abruptly in 2009 due to drop in advertising revenue that has killed many... Continue reading at 'Crains New York'

[ Crains New York | 2013-04-26 00:00:00 UTC ]
News tagged with: #online business #print products #print rights #news release #print publication #online traffic #advertising revenue

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Waterstones owner buys US chain Barnes & Noble

James Daunt will be chief of both chains after deal hailed as boost for real-world bookshopsThe hedge fund owner of the UK’s largest book chain, Waterstones, has bought Barnes & Noble, the biggest chain in the US, in a $683m (£537m) deal heralded as a boost in their battle to preserve... Continue reading at The Guardian

[ The Guardian | 2019-06-07 14:11:50 UTC ]
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Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones

Elliott will pay some US$476 million for Barnes & Noble, having last year bought the UK's main chain Waterstones. James Daunt is to run both companies. The post Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-07 12:22:03 UTC ]
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Equity Firm Agrees to Buy B&N

Elliott Advisors, which bought the U.K. bookstore chain Waterstones in April 2018, has signed a definitive agreement to buy Barnes & Noble in a deal valued at about $683 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Creatives Explain the New Definition of Magazines

[caption id="attachment_159535" align="aligncenter" width="768"] magCulture founder Jeremy Leslie[/caption] NEW YORK—During the second annual ModMag NYC summit last week, organized by the London-based magazine shop and creative studio magCulture, creatives from across the industry attempted to... Continue reading at Folio Magazine

[ Folio Magazine | 2019-06-04 13:56:27 UTC ]
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Amazon reportedly mulls buying Boost from T-Mobile, Sprint

Amazon.com Inc. is interested in acquiring prepaid wireless phone service Boost Mobile from T-Mobile US Inc. and Sprint Corp., Reuters reported, citing people familiar with the matter. Amazon is considering buying Boost for an attached wholesale deal that would allow the buyer to use T-Mobile’s... Continue reading at Advertising Age

[ Advertising Age | 2019-05-31 17:33:29 UTC ]
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Bucking the Trend: Print Magazines Still Work for (Some) Publishers

Much like the several years that have preceded it, 2019 will see the deaths of many a once-formidable print magazine. Some will find new life online, some will fade into irrelevance, and many that survive will scramble to implement new business models, hoping to save their print foundations... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-30 18:30:31 UTC ]
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Hearst Magazines Hires Its First VP for Experiential

Hearst Magazines is looking to invest further in experiential events with a new hire: Liz Morley-Ehrlich, who was named the company's first vp of experiential and brand partnerships. The appointment comes as publishers, especially those in the magazine industry, look to expand their reach in... Continue reading at AdWeek

[ AdWeek | 2019-05-30 17:37:00 UTC ]
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Reflections From My Not-So-Romantic Stint in the Magazine Business

Yeah, I was in the magazine business before you were. Probably. This was from 1973 to 1977, a gentler time when baseball uniforms were double-knit and Nazis had the decency to cower in South America and Good & Plenty was a household name. It was a time, dear reader, before Photoshop. Before... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-30 14:46:31 UTC ]
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Hearst Magazines launches new ad unit that will send people product samples

The legacy magazine publisher, which has been giving advertisers more opportunities to communicate directly with its audience, extends the strategy to its social channels. The post Hearst Magazines launches new ad unit that will send people product samples appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-05-30 04:00:01 UTC ]
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Canadian Study: Library Patrons Tell Researchers They Buy More Books

New BookNet Canada research indicates that consumers who borrow books from libraries also purchase more books per month than those who don't use libraries. The post Canadian Study: Library Patrons Tell Researchers They Buy More Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-05-29 03:14:45 UTC ]
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Wainscot Media Acquires Pair of Fashion Industry B2B Magazines

Footwear Plus and 103-year-old Earnshaw's magazines join Wainscot's growing roster of titles. The post Wainscot Media Acquires Pair of Fashion Industry B2B Magazines appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-28 20:57:54 UTC ]
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Magazine Media: Talking About a Better User Experience Isn’t Enough

Publishers are still challenged by digital media's limitations, but a few have found solutions. The post Magazine Media: Talking About a Better User Experience Isn’t Enough appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-28 14:20:54 UTC ]
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Tricycle Talent buys minority stake in RML

Talent management collective Tricycle Talent has acquired a minority stake in Rachel Mills Literary (RML).  Continue reading at The Bookseller

[ The Bookseller | 2019-05-27 22:53:46 UTC ]
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Chronicle buys two from Underwood and Hunt

Chronicle Books, which is distributed in the UK and Europe by Abrams & Chronicle Books, has acquired two picture books by Deborah Underwood and Meg Hunt. Continue reading at The Bookseller

[ The Bookseller | 2019-05-27 20:45:38 UTC ]
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PRH buys 45% stake in Sourcebooks

Sourcebooks has sold a 45% ownership stake to Penguin Random House to enable the American independent publisher to take a “broader and deeper approach to domestic and global markets”. Continue reading at The Bookseller

[ The Bookseller | 2019-05-24 02:11:56 UTC ]
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Esquire’s Editor Is Out in Reshuffling at Hearst Magazines

Jay Fielden makes his exit from the venerable men’s publication after a three-year run, as the executive Troy Young puts his stamp on the division. Continue reading at The New York Times

[ The New York Times | 2019-05-23 20:12:41 UTC ]
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Huawei devices disappear from Microsoft Store and Best Buy, but remain on Amazon, Newegg

Microsoft appears to have pulled Huawei's Matebook X Pro from its online shelves, and Best Buy, too, has followed suit. Huawei phones and devices are still available from Amazon and Newegg as of this posting, however.Neither the Huawei Matebook X Pro nor the Huawei Matebook 13 appear on... Continue reading at PC World

[ PC World | 2019-05-21 19:24:00 UTC ]
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Life After Print: How 3 Magazines Are Navigating Their New Business Models

As consumers and advertisers continue to shift their attention to digital media platforms, traditional print publishers are increasingly coming to the difficult decision that their future doesn’t include a print publication at all—or at least not one with a regular frequency. In the last month... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-21 14:39:41 UTC ]
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“Brand Power” Is Not a Myth for Magazine Publishers

Last week was an interesting one for me. Not only because I attended two very different conferences in two cities, but because of the theme I saw play out between each conference and in the days following. First was The Social Shake-Up, a sister brand of Folio:’s for social media practitioners.... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-16 16:54:43 UTC ]
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