Why NBCU Invested $200 Million in Vox

By taking a stake in Vox Media, NBCUniversal is finally getting a foothold in native digital publishing. The $200 million equity investment will see the two collaborate on digital and video advertising and video programming. The deal, announced Wednesday, will include Vox Media editors and reporters  appearing across NBCU channels including cable news outlets MSNBC and CNBC. This morning, Vox Media chairman and CEO Jim Bankoff went on CNBC's Squawk Box to discuss the deal. NBCU's parent Comcast had previously invested in Vox Media via its investment arm, Comcast Ventures. NBCU is also close to an investment in BuzzFeed, which should be made official later this week. "Vox Media is positioned very directly against benefiting from the trend of younger individuals consuming more and more content through the web and digital channels and less and less through traditional channels," Stephen Beck, founder and managing partner of management consultancy cg42, told Adweek. Beck described the move as a defensive one for NBCU and Comcast as consumer habits change. It could also help Comcast's consumer standing, says Beck. "Comcast is the poster child in having the most frustration among its customer base. That's magnified among the younger audience." Syracuse's Robert Thompson, also the director for the Bleier Center for Television & Popular Culture, told Adweek that "so much of NBC's business now is ad-supported television." "Diversifying into these other digital avenues... Continue reading at 'AdWeek'

[ AdWeek | 2015-08-13 00:00:00 UTC ]
News tagged with: #vice media

Other Publishing stories related to: 'Why NBCU Invested $200 Million in Vox'


Instagram: Facebook probes breach of millions of influencer accounts

An Indian company had stored the data of 49 million Instagram users in an unguarded online database. Continue reading at BBC News

[ BBC News | 2019-05-21 07:38:44 UTC ]
More news stories like this |


Amazon Literary Partnership Announces More than $1 Million in 2019 Grants

Reiterating its emphasis on voices underrepresented in many parts of the publishing industry, the Amazon Literary Partnership reaches its 10th year. The post Amazon Literary Partnership Announces More than $1 Million in 2019 Grants appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-05-21 01:30:39 UTC ]
More news stories like this | News stories tagged with: #$1 million #publishing industry #10th year


As Disney writes off its Vice investment, 10 Vice stories to help staffers cope: 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. As Angela Doland notes in Ad Age’s Wake-Up Call this morning, citing a... Continue reading at Advertising Age

[ Advertising Age | 2019-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bleacher report #instagram stories #app downloads #york post #keith kelly #bloomberg businessweek


Palm Coast Data Sold to Irish Magazine Publisher for $1 Million, Plus Rent

Palm Coast Data (PCD), the Florida-based provider of subscription and ecommerce fulfillment services to magazine publishers including F+W Media, MotorTrend Group and New York Media, has been sold by former longtime owner AMREP Corp. in exchange for $1 million in cash. The buyer, Studio... Continue reading at Folio Magazine

[ Folio Magazine | 2019-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #10th year #great outcome #sale means


Scholastic invests in 'diverse' media firm Picturestart

Scholastic has joined firms—including Warner Bros—investing in Picturestart, a new media company releasing entertainment that will “discover and celebrate diverse voices”. Continue reading at The Bookseller

[ The Bookseller | 2019-05-04 00:00:00 UTC ]
More news stories like this |


Spread the Word calls for trade to invest in under-represented writers

Spread the Word has urged for greater investment in under-represented authors from the trade, as it reopens its London Writers Awards. Continue reading at The Bookseller

[ The Bookseller | 2019-05-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #under-represented writers


National Enquirer and sibling tabloids reportedly sold for $100 million

American Media Inc. is selling the National Enquirer to Hudson News Deputy Chairman James Cohen, according to The Washington Post, letting the embattled publisher jettison the tabloid after being accused of trying to blackmail the world’s richest man. Cohen will pay $100 million for the... Continue reading at Advertising Age

[ Advertising Age | 2019-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lifestyle brands #bauer media #$100 million #—bloomberg news


Publishers Prove That Investing in Talent Pays Off

Layoffs are not a new trend in the industry. They've become so frequent at both digital and print publishers that the news of new rounds of cuts is almost unsurprising.  But not all publishers are feeling the pressures to cut staff when budgets get tighter and revenue streams become shallow.... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #data scientists #emmy nominations


Hundreds of millions of Facebook user records exposed on Amazon cloud servers

Facebook Inc. user data is still showing up in places it shouldn’t. Researchers at UpGuard, a cybersecurity firm, found troves of user information hiding in plain sight, inadvertently posted publicly on Amazon.com Inc.’s cloud computing servers. The discovery shows that a year after the... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-03 20:45:00 UTC ]
More news stories like this | News stories tagged with: #user data #plain sight


Seeking More Consumer Revenue, Publishers Are Investing Heavily in E-Learning

Until a few years ago, online education of any sort was most often associated with digital degree mills and dubious promises of graduating college from the comfort of your own bedroom and pajamas. A new generation of students, however, has been exposed to digital learning throughout their... Continue reading at Folio Magazine

[ Folio Magazine | 2019-03-29 00:00:00 UTC ]
More news stories like this |


Michelle Obama’s book has sold almost 10 million copies, a historic high for memoirs

Michelle Obama's publisher said that her book "Becoming" has sold almost 10 million copies and could be the most successful memoir in history, Bloomberg reported Tuesday. The success of the former first lady's book helped German media company Bertelsmann SE, which owns American mega-publisher... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michelle obama #successful memoir


Michelle Obama's memoir Becoming sells 10 million copies

The memoir, published in November, could be the world's most popular autobiography, its publisher claims. Continue reading at BBC News

[ BBC News | 2019-03-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michelle obama #publisher claims


Facebook left ‘hundreds of millions’ of users’ passwords stored in plain text

Facebook Inc. said Thursday that it had left “hundreds of millions” of users’ passwords exposed in plain text, potentially visible to the company’s employees, marking another major privacy and security headache for a tech giant already under fire for mishandling people’s personal... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-03-21 20:35:00 UTC ]
More news stories like this | News stories tagged with: #passwords stored #plain text #left hundreds #passwords exposed #potentially visible #major privacy #security headache #tech giant #mishandling people #personal information


Facebook left ‘hundreds of millions’ of users’ passwords stored in plain text

Facebook Inc. said Thursday that it had left “hundreds of millions” of users’ passwords exposed in plain text, potentially visible to the company’s employees, marking another major privacy and security headache for a tech giant already under fire for mishandling people’s personal... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-03-21 20:35:00 UTC ]
More news stories like this | News stories tagged with: #passwords stored #plain text #left hundreds #passwords exposed #potentially visible #major privacy #security headache #tech giant #mishandling people #personal information


Peloton hit with $150 million lawsuit for music infringement

Peloton made a name for itself as a fitness bike purveyor, where consumers could stream their favorite musical artists while cycling in the comfort of their own homes. Now, that reputation is under threat from a copyright lawsuit that accuses the seven-year-old brand of stealing music.On... Continue reading at Advertising Age

[ Advertising Age | 2019-03-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lady gaga #ariana grande #justin timberlake #core part


Isaacson Named Editor-at-Large, Invests at Arcadia

Arcadia Publishing has announced that bestselling author Walter Isaacson has joined the company as editor-at-large and senior advisor and will also be an investor in the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #arcadia publishing #senior advisor


The dark lesson of a $24 million Amazon book

This is what happens when algorithms call the shots. I can still recall my surprise when a book by evolutionary biologist Peter Lawrence entitled The Making of a Fly came to be priced on Amazon at $23,698,655.93 (plus $3.99 shipping). While my colleagues around the world must have become rather... Continue reading at Fast Company

[ Fast Company | 2019-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #academic book #steep price #sales staff


Bryce Harper will save tens of millions in taxes by spurning the Dodgers and Giants

For Major League Baseball players, three teams are at the bottom of the standings on state taxes: the Los Angeles Dodgers, San Diego Padres and San Francisco Giants. That’s because California is in a league of its own on personal income taxes. We’ve got by far the highest state rate in the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bryce harper


Graphic novelist ordered to pay nearly $42 million in fiancee's torture murder

A Los Angeles judge has ordered a graphic novelist from a wealthy Canadian family to pay $41.6 million to the family of his slain fiancee, whom he brutally tortured and killed in 2016 just weeks after their daughter was born. Los Angeles County Superior Court Judge Bobbi Tillmon delivered the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #graphic novelist


Despite Selling Millions of Books, Novelist Nick Hornby Still Can’t Tell if He’s Good Enough

With Fever Pitch, About a Boy, and High Fidelity, Nick Hornby created a niche penning romantic comedies from the male perspective and launching the crush-worthy careers of Hugh Grant, Colin Firth, and John Cusack on both sides of the pond. Then he went on to prove that he can deftly embody a... Continue reading at Slate

[ Slate | 2019-02-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #critically acclaimed #tv series #film industry #book publishing