There is nothing 'awesome' about what went down at Sports Illustrated

Welcome to the another edition of Ad Age Sports Media Brief, a weekly roundup of news from every zone of the sports media spray chart, including the latest on broadcast/cable/streaming, sponsorships, endorsements, gambling and tech. Fear Strikes Out Viciousness and stupidity are as endemic to the publishing business as are deadlines and rate cards, but what took place yesterday at Sports Illustrated’s office in lower Manhattan was an exercise in the most unbridled form of corporate sociopathy. The 65-year-old publication on Thursday laid off “35 to 40 percent of [its] editorial staff,” according to Wall Street Journal reporters Jacob Bogage and Ben Strauss, who characterized the cuts as a business decision that “could decimate what was once the standard-bearer of American sports journalism.” That so many well-respected SI reporters lost their jobs over the course of an afternoon is disconcerting enough, but the manner in which the layoffs were meted out by the Seattle-based firm now managing the brand was nothing short of contemptible. After SI employees had been ordered to attend one of two separate “transition meetings” at noon and 12:30 p.m., new overseer TheMaven canceled both sit-downs “moments before they were set to begin.” Now completely in the dark as to what was about to go down, SI staffers tried to get back into the rhythms of their daily routines. After a few hours of anxious silence, they’re told that the meetings are back on, with roughly half the... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-10-04 22:01:54 UTC ]

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Google, Facebook continue massive lobbying efforts in Q3

Google and Facebook continued to pour millions of dollars into federal political lobbying in the third quarter in attempts to influence U.S. lawmakers and have legislation written in their favor.Google spent US$3.94 million between July and September while Facebook spent $2.45 million, according... Continue reading at PC World

[ PC World | 2014-10-22 00:00:00 UTC ]
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Downton Abbey as Metaphor for the Publishing Industry

Amazon Kindle is now a 'proud sponsor' of Downton Abbey. And it suits, as the show's story arc reflects the current dynamic in the publishing business. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-09-23 00:00:00 UTC ]
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USA Today Said to Cut as Many as 70 Jobs Ahead of Gannett Split

USA Today, which is being spun off from Gannett Co. along with the rest of the company's publishing business, fired as many as 70 employees today across all departments, according to a person familiar with the newspaper's plans.About half of the jobs were in the newsroom and accounted for about... Continue reading at Advertising Age

[ Advertising Age | 2014-09-04 00:00:00 UTC ]
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iPad Magazine Pioneer Lights A Match And Walks Away

Sensing the changing tides in the industry, iPad magazine designer Joe Zeff is bringing his talents to the enterprise world.You may not have heard of Joe Zeff before, but if you've picked up an iPad edition of PC Magazine, Fast Company (full disclosure!), or Time's 9/11 memorial, you've likely... Continue reading at Fast Company

[ Fast Company | 2014-08-09 00:00:00 UTC ]
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USA Today Owner Gannett Splits Off Publishing From TV

Gannett Co., the owner of USA Today, will split into two publicly traded companies, one focused on broadcasting and digital businesses and the other on publishing, it said today, following the trend that has swept the media business.Signaling its interest in digital investment, the company also... Continue reading at Advertising Age

[ Advertising Age | 2014-08-05 00:00:00 UTC ]
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Gannett Buys Cars.com for $1.8 Billion, Splits Publishing

Gannett Co. (GCI) plans to split into two publicly traded companies by spinning off its publishing business, including USA Today, and also said it has agreed to buy full ownership of Cars.com. Gannett will separate the publishing business through a ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-08-05 00:00:00 UTC ]
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3 Trends That Prove Social Media is Growing Up

By Jim Anderson To those steeped in the traditions of the publishing business, it may sound a bit odd to talk about the maturation of social media, which in many ways is still in its infancy. Yet social media is... Continue reading at Publishing Executive

[ Publishing Executive | 2014-08-01 00:00:00 UTC ]
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Rupert Murdoch's six decades of television and newspaper deals

From one Adelaide evening paper to bidding for a US giant - Rupert Murdoch's life in acquisitionsRupert Murdoch created a global media empire from humble beginnings when he inherited Adelaide's The News from his father in the 1950s. More than 60 years and dozens of deals later, the 83-year-old... Continue reading at The Guardian

[ The Guardian | 2014-07-20 00:00:00 UTC ]
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You’d have to be crazy to start a media company, right?

Media startup founders apparently didn't get that memo that now's a pretty bad time to be in the publishing business. So, are they crazy? The post You’d have to be crazy to start a media company, right? appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-06-20 00:00:00 UTC ]
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Time Inc. Shares Slip Nearly 1% on First Day of Trading

Shares in Time Inc., owner of People, Sports Illustrated and Time magazines, were off nearly 1% to $23.30 Monday, its first day of trading as a public company.The company's share price had tumbled about 4% after trading began but regained much of the lost ground during the afternoon.Time Inc. is... Continue reading at Advertising Age

[ Advertising Age | 2014-06-10 00:00:00 UTC ]
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Powers, The First TV Show Made Exclusively For PlayStation, Is About Superhero Detectives

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[ Fast Company | 2014-06-10 00:00:00 UTC ]
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Time Inc. falls in first day of trading

Time Inc. shares fell, marring the first day of trading after a spinoff from Time Warner Inc., on concern that the company's singular focus on magazines will hinder growth prospects as demand for... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2014-06-09 00:00:00 UTC ]
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BEA 2014: Subscription Model Takes Center Stage at Making Information Pay

"Subscription has arrived in a really big way for media," noted Len Vlahos, BISG executive director, in his opening remarks to the 2014 Making Information Pay conference at BEA. And for those who question whether the subscription model is coming to the publishing business, Ted Hill, president of... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-30 00:00:00 UTC ]
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Vice's Shane Smith: 'Young people are angry and leaving TV in droves'

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[ The Guardian | 2014-03-02 00:00:00 UTC ]
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Tribune Co. expects $325-million dividend from publishing spinoff

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[ Los Angeles Times | 2014-02-19 00:00:00 UTC ]
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Tribune files plan with SEC ahead of publishing unit spinoff

Tribune Co. took a key step in the planned spinoff of its publishing business on Monday, filing a Form 10 registration statement with the Securities and Exchange Commission. Continue reading at Baltimore Sun

[ Baltimore Sun | 2013-12-10 00:00:00 UTC ]
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Storm8 Gets Into the Publishing Business, Too

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[ AllThingsD | 2013-12-10 00:00:00 UTC ]
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Andrew Wylie criticizes Amazon's 'megalomania' in the New Republic

Andrew Wiley argues that Amazon has entered the business of print publishing to mislead the Department of Justice into thinking it's something other than a digital distribution monopoly.Andrew Wiley, the megawatt literary agent publishing insiders know by the longstanding sobriquet “the Jackal,”... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-10-08 00:00:00 UTC ]
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Cottages & Gardens Launches New Print Publication in San Francisco

Cottages & Gardens Publications, publisher of high-end regional shelter titles, is launching a new magazine for the San Francisco market. Continue reading at Folio Magazine

[ Folio Magazine | 2013-10-04 00:00:00 UTC ]
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Time Inc.'s Joe Ripp: After Time Warner Split, Our Cash Will Stay Ours

Joe Ripp started his new job as CEO of Time Inc. only three weeks ago, but he's already caught the attention of staffers by saying the executive suite had for too long been a place "where ideas go to die." He'll need their imagination and commitment going forward as parent company Time Warner... Continue reading at Advertising Age

[ Advertising Age | 2013-09-25 00:00:00 UTC ]
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