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
Digital publisher Pottermore has been ranked number 13 in the latest Sunday Times HSBC International Track 200, an annual listing ranking Britain’s mid-market private companies with the fastest-growing international sales. Continue reading at The Bookseller
[ The Bookseller | 2018-06-12 00:00:00 UTC ]
More news stories like this |
Bloomberg published an eyebrow-raising report Thursday night about a draft proposal being prepared by the Trump administration that would subsidize the coal industry in part by invoking a Cold War-era law intended for use in national security emergencies: Continue reading at Slate
[ Slate | 2018-06-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#trump administration
Facebook published numbers for the first time detailing how much and what type of content it removes from the social network. Continue reading at The New York Times
[ The New York Times | 2018-05-16 00:00:00 UTC ]
More news stories like this |
Last month, Facebook published its internal community enforcement guidelines for the first time and today, the company has provided some numbers to show what that enforcement really looks like. In a new report that will be published quarterly, Facebo... Continue reading at Engadget
[ Engadget | 2018-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#facebook published
Are cryptoassets right for your investment portfolio? A new book applies money management tools to maximize returns and manage risks. Continue reading at Knowledge@Wharton
[ Knowledge@Wharton | 2018-05-09 00:00:00 UTC ]
More news stories like this |
Compensation for Time Warner Chief Executive Jeffrey Bewkes — who is hoping to take a victory lap after orchestrating the sale of his company to AT&T — soared to $49 million in 2017, according to a regulatory filing. His 2017 compensation was 50% higher than the previous year, when he... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#regulatory filing
#50% higher
Nicholas Goodwin, the incoming chief financial officer of Bertrams Group, has said that under new owners private equity firm Aurelius, there will be investment in the business to innovate and take advantages of opportunities in the market. Continue reading at The Bookseller
[ The Bookseller | 2018-04-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bertrams group
Some publishers complain about monetization on Snapchat, but NBCUniversal said with its Digital Content Lab, it's making real money there. The post How NBCU’s specialized unit makes shows for Snapchat and beyond appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-04-16 00:00:00 UTC ]
More news stories like this |
A jury found a number of companies owned by Philip Smyres guilty of copyright and trademark infringement for selling counterfeit textbooks. The textbook publishers that filed the suit were awarded $34 million in damages. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#companies owned
#trademark infringement
#textbook publishers
Facebook says as many as 87 million people may have had their data accessed in the Cambridge Analytica scandal - an increase from the 50 million disclosed in published reports. Continue reading at Stuff
[ Stuff | 2018-04-05 00:00:00 UTC ]
More news stories like this |
Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell flagship publication Time as well as Sports Illustrated, Fortune and Money after completing a review of the $1.8 billion deal.The company also intends to eliminate about 1,000 jobs over the next 10... Continue reading at Advertising Age
[ Advertising Age | 2018-03-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sports illustrated
#meredith corp
#bought time
#entertainment weekly
#homes gardens
#family circle
#including time
Following the ugly case of David Dao, the Kentucky doctor who was dragged from an overbooked United Airlines flight, the U.S. airline industry vowed to fix the problem of oversold planes. Now some airlines seem to be backing up their promises with money. The parent company of British Airways and... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#tech startup
After posting disappointing holiday results, Barnes & Noble instituted a round of layoffs yesterday that it says will save the company $40 million annually and result in severance payments of about $11 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#severance payments
#$11 million
T-Mobile US CEO John Legere wants to sell his New York penthouse for $22 million. The four-bedroom, four-bathroom apartment in Manhattan's Lincoln Square neighborhood has a view of Central Park and was originally owned by newspaper publisher William Randolph Hearst, according to the... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2018-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#$22 million
#central park
#$18 million
Struggling to keep up with the increasing digitization of academia, libraries are purging older volumes to make way for study spaces and coffee shops. The act is a radical shift from when the value of a library was measured by the scope of its books. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2018-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#university libraries
#coffee shops
Sales of J K Rowling’s Harry Potter books have exceeded 500 million worldwide, according to Bloomsbury. Continue reading at The Bookseller
[ The Bookseller | 2018-02-02 00:00:00 UTC ]
More news stories like this |
The CBS telecast of the 60th Grammy Awards was watched by 19.8 million viewers, a staggering 27% decline from last year’s show. The live program from Madison Square Garden in New York, with “The Late Late Show” host James Corden as emcee, drew its smallest audience since 2009, according to... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#cbs telecast
#nine-year low
Despite early concerns that Henry Holt may have underestimated demand for 'Fire and Fury,' the Macmillan imprint said it has sold roughly 1.7 million copies of the White House tell-all since its January 5 release. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#henry holt
#underestimated demand
#macmillan imprint
First Minister Nicola Sturgeon reveals the lifelong love of reading that has compelled her and her government to increase its budget for funding the arts. Continue reading at The Bookseller
[ The Bookseller | 2018-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#lifelong love
Catherine Eccles reflects on the history of the Eccles British Library Writer's Award and how it supports authors' careers. Continue reading at The Bookseller
[ The Bookseller | 2018-01-18 00:00:00 UTC ]
More news stories like this |