Upheaval at Sports Illustrated, Mergers in Digital Media | News & Notes

A staff uprising at Sports Illustrated... Following Tuesday's New York Post report that editor-in-chief Chris Stone is exiting Sports Illustrated after 27 years with the magazine, The Wall Street Journal added late Wednesday evening that the brand's new operator, TheMaven Inc., is planning to lay off more than 40 staffers and replace them with "as many as 200 contract workers in coming months to cover sports," citing people familiar with the matter. The news follows what has been a tumultuous two years for the 65-year-old magazine since its parent company, Time Inc., was acquired by Meredith Corp. in early 2018. After the merger, Meredith put a handful of former Time Inc. titles, including Sports Illustrated, Time and Fortune, up for sale in order to focus on its newly expanded suite of entertainment, food and lifestyle magazines. In May, Meredith sold SI to the licensing firm Authentic Brands Group, with an agreement that would allow Meredith to continue running SI's media operations for up to two years. That agreement lasted approximately two weeks, as ABG announced, in mid-June, a new licensing deal that would transfer the next 10 years of SI's operations to TheMaven—a two-year-old startup that bills itself as "a digital distribution and monetization platform," acquired TheStreet over the summer for $16.5 million and also hosts the websites of several Active Interest Media magazines. On Thursday afternoon, a Twitter account purportedly belonging to "Sports Illustrated... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-10-03 20:41:59 UTC ]

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Hearst Magazines President Troy Young Resigns After NYT Report

Hearst initially stood by Young amid allegations of inappropriate behavior, but later announced he was resigning effective immediately. The post Hearst Magazines President Troy Young Resigns After NYT Report appeared first on Eddie & Ozzie Awards. Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-24 13:00:11 UTC ]
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Hearst Magazines President Troy Young Resigns After NYT Report

[caption id="attachment_103859" align="alignright" width="192"] Troy Young[/caption] Hearst has parted ways with the president of its magazines division, Troy Young, the company said Thursday, a day after a report in The New York Times described multiple complaints of "bullying or harassing... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-24 13:00:11 UTC ]
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The attacks on press freedom in Portland

This week Dave Miller, who hosts a daily talk show on Oregon Public Broadcasting, interviewed “two very tired people”: Tuck Woodstock and Sergio Olmos, both independent journalists. Since late May, daily protests in solidarity with Black lives and against police brutality have taken place in... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-07-24 12:18:51 UTC ]
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Troy Young Resigns; Inside the Rebirth of Halo Marketing: Friday’s First Things First

Welcome to First Things First, Adweek's daily resource for marketers. We'll be publishing the content to First Things First on Adweek.com each morning (like this post), but if you prefer that it come straight to your inbox, you can sign up for the email here. Hearst Magazines President Resigns... Continue reading at AdWeek

[ AdWeek | 2020-07-24 10:45:52 UTC ]
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Hearst Magazines President Resigns After Allegations of Inappropriate Behavior

Troy Young, president of Hearst Magazines, resigned today after a damning New York Times profile detailed inappropriate workplace behavior. Young reportedly made rude, sexually offensive jokes and fostered what employees described as a toxic culture among Hearst Magazines' brands, including... Continue reading at AdWeek

[ AdWeek | 2020-07-24 00:32:53 UTC ]
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The climate story won’t wait til the pandemic is done with us

The climate crisis has no sympathy for the crowded news cycle, or our fried minds. Yesterday, a group of researchers published a paper in which they substantially narrowed the projected temperature range for global heating should carbon dioxide emissions double from preindustrial levels; the... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-07-23 11:47:25 UTC ]
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Hearst Employees Say Troy Young Led Toxic Culture

At Cosmopolitan staff meetings, workers complain of discrimination and tokenism. Former employees say Hearst Magazines president Troy Young made sexually offensive remarks. Continue reading at The New York Times

[ The New York Times | 2020-07-22 15:31:50 UTC ]
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Wave.tv Secures $32 Million to License, Acquire Sports Media Brands

With most live sports on hold for the past several months, sports media publishers have had to stretch their imaginations to find interesting stories to show and tell. Wave.tv, a digital media company built around working with license holders to repackage archival sports, hopes to invest more in... Continue reading at AdWeek

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Staff Union, Lifehacker EIC Rebuke G/O Media Over Firing of Travel Writer

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One of Tampa Bay's largest marketing firms is officially public

Digital Media Solutions, a Clearwater-based technology marketing firm and one of the largest marketing firms in Tampa Bay, is officially public. This marks the completion of its reverse merger valued at $757 million with Leo Holdings Corp. Leo changed its name Digital Media Solutions Inc.... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-07-17 16:47:40 UTC ]
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S4 Capital Hopes to Raise $126 Million to Further Expand Through Mergers

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Cosmo Adds Metered Paywall, Membership Program | News & Notes

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Medill Selects Jeremy Gilbert of Washington Post as Knight Chair in Digital Media Strategy

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Game Informer EIC Steps Down After 29 Years | People on the Move

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[ Folio Magazine | 2020-07-07 15:19:00 UTC ]
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Dean Baquet, Marty Baron, and protecting the institution

Last Tuesday, Wesley Lowery wrote an op-ed for the New York Times in which he wrapped the urgent media-industry conversations about diversity and coverage of race around our flawed prevailing definition of “objectivity”—a concept shaped, in large part, by white editors and reporters with the eye... Continue reading at Columbia Journalism Review

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How Digital Media Can Stay One Step Ahead of the Diversity Revolution

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Vice Media Urges Marketers to Reassess ‘Antiquated’ Blocklists  

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Barstool Sports CEO on Why Advertisers Shouldn’t Be Scared of the Edgy Platform

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Pasco County opens third business incubator to connect entrepreneurs

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Is the Facebook Ad Boycott an Opportunity for Publishers?

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