Facebook Revenues Up 30%, Credits Engagement
For the quarter ended December 31, the social giant reported revenue of $16.9 billion -- up about 30%, year-over-year. Analysts say the impressive performance has everything to do with Facebook’s unrivaled engagement.
Digital Media: What Went Wrong
For years, BuzzFeed seemed to be leading the journalism industry toward a brave new future. Now that it has stumbled, the way ahead looks more old-school than ever.
More on Condé Nast Aims to Replicate Paywall Success Across Portfolio
"...both The New Yorker and Wired saw upticks in digital traffic last year, and Vanity Fair’s 2019 media kit boasts 16.5 million monthly uniques—indicating that the paywall has, at least to this point, not precipitated a significant decline in online audience." writes Greg Dool.
Jay Penske Gobbles up the Remaining 49 Percent of Rolling Stone
Joe Pompeo reports “Penske traveled from Los Angeles to New York on Thursday to deliver the news to Rolling Stone’s staff. P.M.C. also owns Deadline, Hollywood Life, Robb Report, and other titles”
ANA Suffered Phishing Attack, Possible Theft of Data
The Association of National Advertisers suffered a phishing attack last year that may have resulted in the theft of employee data, including names and social security numbers, MediaPost has learned.
"Twitter Isn't Ruining Journalism, Journalists Are" - Rob Williams
Rob Williams writes "Farhad Manjoo, an opinion columnist for The New York Times, went so far as to implore journalists to “never tweet” because “Twitter is ruining American journalism.” He was writing in response to the news media’s rush to judgment after a video clip purporting to show a standoff between white high-school kids and an elderly Native American man at a protest march went viral."
Folio's People on the Move: Active Interest Media Reorganizes with Exec Promotions and More
Popular Mechanics has a new editorin chief, Nicolas Neubeck was tapped as the first creative director of HearstMade, GQ expands its editorial staff and much more.
Good Housekeeping’s Rachel Rothman Showcases 8 Products to Help You Get to Sleep on TODAY
Good Housekeeping’s Chief Technologist Rachel Rothman went on The TODAY Show to share the GH Institute’s top-tested products to help viewers get their best night’s sleep, from PJs to mattresses in a box, weighted blankets and more!
VeloNews Publisher Acquires Struggling Bicycle Retailer Magazine
Pocket Outdoor Media, the publisher of VeloNews and other consumer sports magazines, has acquired Bicycle Retailer & Industry News. The industry magazine, known in the trade as “BRAIN,” has been struggling for some months thanks to a downturn in the global bicycle business.
Jarry Magazine Celebrates Queer Food from the Inside Out
"To the unfamiliar, it might seem a vague phrase. Is it food made by queer folks? Food for queer folks? Food about queer folks? Outlets have a hard time defining it." Writes Andrew McMaster.
Brands Want Performance, Not Head Count
"...research suggests that four in five clients see the move to performance-based renumeration as inevitable."