Vice Media Inc., the youth-oriented media company, agreed to acquire the online publisher Refinery29, seeking to reignite growth by reaching a young female audience. The deal marks the biggest move yet by Vice Chief Executive Officer Nancy Dubuc, who has been trying to revive the once high-flying media company since taking over last year. Terms weren’t disclosed. The Refinery29 business will report directly to her. Vice, which began as a hipster music and lifestyle magazine, got investments from some of the biggest names in the media business. But it has struggled as its cable channel, Viceland, has failed to find an audience, and Facebook and Google have dominated the online advertising market. The deal unites two of the largest digital media startups in the world, with a combined reach of 350 million people a month, the companies said Wednesday. Vice has expanded into TV and advertising more swiftly than most of its peers, and will augment its production with Refinery29’s slate of shows. Refinery29’s businesses parallel Vice’s, but with a much greater female component. The company, for example, hosts events and operates a studio, creative agency and digital publishing division. It will remain a distinct brand within Vice. In May, Walt Disney Co. wrote off the rest of its investment in Vice, reflecting the ongoing troubles at the former media darling. Earlier this year, Vice let go a number of staffers. Dubuc has said a recent $250 million financing deal would help... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-10-02 19:51:02 UTC ]
News tagged with:
#regulatory approval
#financial adviser
#falling short
#bloomberg reported
#$450 million
#—bloomberg news
#hearst
#digital publishing
#digital media
#online publisher
The cry has gone out that publishers need to engage more with readers. Who is the right person for the job? Editors? Marketers? Or should it be the authors? Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2012-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book editors
Head of Zeus has pre-empted world rights to a book on the mysterious disappearance of Lord Lucan... Continue reading at The Bookseller
[ The Bookseller | 2012-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#mysterious disappearance
Hodder Children's Books has signed up a new picture book series for girls aged 4-7 by the... Continue reading at The Bookseller
[ The Bookseller | 2012-12-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#hodder children
Quadrille has acquired the tie-in title to forthcoming primetime BBC2 series, "The Great... Continue reading at The Bookseller
[ The Bookseller | 2012-12-05 00:00:00 UTC ]
More news stories like this |
The books drawing the most interest on social media in November were mostly tied to movies, according to CoverCake, whose analytical tools track what is trending on various social media platforms. Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-12-03 00:00:00 UTC ]
More news stories like this |
Orchard Books has acquired a YA trilogy by US author Allen Zadoff it is billing as "Jason... Continue reading at The Bookseller
[ The Bookseller | 2012-11-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#orchard books
#ya trilogy
Omnibus Press has acquired a biography of British band the Arctic Monkeys, with publication... Continue reading at The Bookseller
[ The Bookseller | 2012-11-15 00:00:00 UTC ]
More news stories like this |
Head of Zeus has acquired a non-fiction title which explores the life of a 7th-century warrior,... Continue reading at The Bookseller
[ The Bookseller | 2012-11-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#non-fiction title
In what could presage a foundational shift in the online advertising landscape, Federated Media Publishing will shut down its direct sales business, i.e. the division charged with selling standard display ads. On Thursday afternoon (Nov. 8) the company began informing employees that it would... Continue reading at AdWeek
[ AdWeek | 2012-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#larger scale
#programmatic buying
#programmatic platform
Transworld has acquired a "powerful first novel" by clinical psychologist S L Lewis,... Continue reading at The Bookseller
[ The Bookseller | 2012-11-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#transworld acquires
#clinical psychologist
The PBS Off Book series interviews creators and collectors about their favorite analog formats. Continue reading at The Atlantic
[ The Atlantic | 2012-11-07 00:00:00 UTC ]
More news stories like this |
Bertelsmann has today (5ytsigned an agreement to acquire Mondadori's equity stake in the... Continue reading at The Bookseller
[ The Bookseller | 2012-11-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#equity stake
Fourth Estate has acquired rights in the book of essays by writer/director/actress Lena Dunham... Continue reading at The Bookseller
[ The Bookseller | 2012-11-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#fourth estate
#acquired rights
Picador has acquired the rights to Kent Haruf’s new novel Benediction. The novel completes... Continue reading at The Bookseller
[ The Bookseller | 2012-10-31 00:00:00 UTC ]
More news stories like this |
Little, Brown imprint Abacus has acquired a debut novel by Natalia Sanmartin Fenollera, The... Continue reading at The Bookseller
[ The Bookseller | 2012-10-26 00:00:00 UTC ]
More news stories like this |
Headline has acquired two more cookery titles from the Baker Brothers, Tom and Henry Herbert,... Continue reading at The Bookseller
[ The Bookseller | 2012-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#headline acquires
#cookery titles
10 facts about media and content industries 1. Digitization has increased book sales. Expenditure on electronic books almost doubled each year in 2006-2010 but still amounts to only 3% of global book sales. Forecasts however predict that reve ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#european commission
#electronic books
Pan Macmillan has acquired the fourth novel by current acting head of rights at HarperCollins,... Continue reading at The Bookseller
[ The Bookseller | 2012-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#pan macmillan
Yesterday will not be remembered as a great day in Google's history. As well as the vertiginous stock slide, which sliced 9% off its share value before trading was halted for a couple of hours, the search engine firm threatened war with the French media. L'horage dans le teacup is over a... Continue reading at Fast Company
[ Fast Company | 2012-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bad news
Pearson has acquired education company EmbanetCompass for $650 million in cash. EmbanetCompass... Continue reading at The Bookseller
[ The Bookseller | 2012-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#$650 million