The NY Times has unveiled a major step toward integrating its readers into its reports with the introduction of Moderator, a new system that will arm Times comment moderators with machine learning technology, allowing them to moderate more comments. For now, Moderator’s implementation will open up comments on all of The Times’s top stories during …
Category: Media
Time Inc. Cuts 300 Positions
Time Inc. — publisher of Time, People, Fortune and Sports Illustrated magazines — has cut 300 workers or about 4% of its total workforce according to Reuters. The job losses include both layoffs and budgets. Time Inc. is one of the nation’s leading magazine publishers but has seen magazine circulation and advertising decline with the …
NY Times Launches Chinese Magazine for Asia
The New York Times has published the first issue of its new Chinese Magazine, a lifestyle publication presenting Times travel, culture and lifestyle content in simplified Chinese. The 48-page publication will be published quarterly and its content curated specifically for Chinese audiences by Ching-Ching Ni, editor-in-chief of The New York Times Chinese website, along with …
Time Inc. Reports 8% Revenue Decline
NEW YORK — Magazine publisher Time Inc. reported financial results for its first quarter ended March 31, 2017. Revenues were down 8% and the company said it would cut its quarterly dividend from 19 cents per share to 4 cents. Total revenues decreased $54 million or 8% in the first quarter of 2017 from the …
Time Inc. Launches Pretty Video Brand
NEW YORK — Time Inc. is launching The Pretty, a new standalone social video brand for a millennial and Gen Z audience that is focused on beauty. Scheduled to debut this summer, The Pretty will leverage Time Inc.’s stable of beauty brands, including HelloGiggles, People, InStyle, Real Simple, Essence, PeopleStyle and People en Español, and …
NY Times Adds 308,000 Digital Subscriptions
The NY Times Company reported first-quarter results for 2017 and said it had over 2.2 million digital subscribers. Total revenues for the first quarter increased 5.1% to $398.8 million from $379.5 million in the first quarter last year. Circulation revenues increased 11.2%, while advertising revenues declined 6.9% and other revenues increased 20.9%. Mark Thompson, president …
NY Times Hires New Business Editor
NEW YORK — The New York Times has hired Ellen Pollock as the new editor of Business Day. Pollock was previously the editor-in-chief of Bloomberg Businessweek. Dean Baquet, executive editor of The New York Times, said, “Ellen is an accomplished editor with the experience and talent needed to broaden our already ambitious business coverage. Throughout …
NY Times Names New Editor of T Style Magazine
NEW YORK — The New York Times has named Hanya Yanagihara the new editor of T: The New York Times Style Magazine. Ms. Yanagihara is the author of two novels: “A Little Life” and “The People in the Trees.” T Magazine, currently published 11 times a year and inserted in the Sunday New York Times …
Wine Enthusiast Launches Beverage News Site
NEW YORK — Wine Enthusiast Media has launched Beverage Industry Enthusiast, a new multimedia trade news and information hub for the wine, spirits and beer industries. Bringing Wine Enthusiast’s unique voice to the platform, Beverage Industry Enthusiast aims to be the go-to online news resource for the beverage alcohol industry. Featuring exclusive “5 Questions” video …
Time’s StyleWatch to Become PeopleStyle
NEW YORK — Time Inc. (NYSE: TIME) announced that StyleWatch, a leading millennial fashion and beauty resource, will join the People brand as PeopleStyle beginning with the September 2017 issue. Bethany Heitman, who was recently promotted to Editor-in-Chief of StyleWatch, reporting to Jess Cagle, Editorial Director, Style & Entertainment Group, and Editor-in-Chief, People, will partner …
Advertising Age Names New Editor
NEW YORK — Ad Age announced that Brian Braiker has been named the new editor of the publication and website covering the ad industry. Most recently the executive editor for Digiday, Braiker will bring his digitally savvy point of view to Ad Age as the brand continues its evolution as the voice of the media, …
Clifton Leaf Named Editor-in-Chief of Fortune
NEW YORK — Time Inc. (NYSE: TIME) has named Clifton Leaf the new Editor-in-Chief of Fortune, it was announced by Rich Battista, President and CEO and Alan Murray, Chief Content Officer. Leaf, who most recently served as Fortune’s Deputy Editor, continues to report to Murray, who becomes President of Fortune in addition to his role …
American Media Buys US Weekly
NEW YORK – American Media, Inc. (AMI), publisher of The National Enquirer, Star and health and fitness magazines, has agreed to buy Us Weekly from Wenner Media. The purchase price was not revealed but reported around $100 million. Us Weekly is the second-largest celebrity news magazine behind Time Inc’s People with a print circulation just …
NBCUniversal Invests $500 Million in Snap
NBCUniversal, a division of Comcast, has invested $500 million in Snap Inc. during its IPO as part of a strategic investment and partnership reports CNBC. Snap is the parent company of Snapchat, a popular social media app with over 150 million users. The investment has been a good one so far. Since going public at …