People Magazine Publisher Meredith Raises Dividend to Yield Over 4.3%
Meredith Corp. [mdp], the parent of "People" and "Better Homes & Gardens" magazines and TV station operator, said Monday it will raises its quarterly dividend by 5.5% to 57.5 cents a share. The new dividend will be payable March 15 to shareholders of record on Feb. 28.
Meredith CEO Says Revenue Now Only Half Ad-Based
Tom Harty talked up a year of business changes in a memo to staff.
American Media buys Surfer Magazine (and also ASN Network Titles from TEN)
American Media will now control the following brands: Surfer, Snowboarder, SUP Magazine, Transworld Skateboarding, Transworld Snowboarding, Transworld BMX, Transworld Motocross, Bike, Canoe & Kayak, Powder, Newschoolers, and Adventure Sports Network.
Food & Wine Launches New Recipe Platform F&W Cooks
F&W Cooks is a new multimedia franchise, premiering on FoodAndWine.com and across its social media platforms. Each recipe published on the platform will include a personal story highlighting the inspiration behind the dish, its unique flavors and regional ingredients, often to the backdrop of F&W Cook’s kitchen.
Vice Media to Reorganize, Lay Off 10 Percent of Staff (Exclusive)
"The cuts, which will impact around 250 people, are part of new CEO Nancy Dubuc's strategic plan to tighten spending and achieve profitability."
Magazine Censored, Editor Dropped for Covering Henry Ford’s Anti-Semitic Newspaper
“100 Years Later, Dearborn Confronts the Hate of Hometown Hero Henry Ford” was slated as the cover story of The Dearborn Historian, a quarterly published by a historical commission appointed by the mayor. It has no online presence and its subscriber list includes about 230 museum members.
President Trump Discusses Claims of "Fake News," and Their Impact, with New York Times Publisher
In lengthy and at times contradictory remarks on Thursday about the news media — which he deemed “important” and “beautiful,” but also “so bad” and “unfair” — Mr. Trump called himself “a victim” of unfair coverage and declined to accept responsibility for a rise in threats against journalists since he took office.
Facebook Loses Fact-Checking Group Snopes After Two Years
Snopes’ contract with Facebook was worth $100,000 in 2017, but was far more valuable than that for Facebook, which frequently touted its fact-checking partners as helping combat the fake news problem on its site. Snopes said it hasn’t ruled out working with Facebook, or any other platforms, in the future.
The Pool Gets Drained As Another Digital Publisher Goes Bust
The digital publishing industry -- wracked by two weeks of job cuts at BuzzFeed, HuffPost and Vice Media – was dealt another blow as U.K. online women’s magazine The Pool went bust.
Pioneering Design Magazine: Reborn in Print & Digital...
“I really did have to examine print. What I did is I went around and talked to different architects and people in the industry and I just put it out there. I asked did anybody see a need for print? And what I’m seeing now is, I think there is going to be a new renaissance in print. And of course the purpose of print is going to be changing, because it’s no longer a primary source of information. But I think by and large architects are visual, they’re tactile; I think there is something about having something sitting in front of you that you can lay down, pick up again and use it as reference.” -Owner and publisher Jerri Levi.
Tom Tom Mag: Q&A with Mindy Abovitz-Monk
“It was really not my decision, it was the people who were already coming to our parties and the people who were looking at our website and really wanted to see our content in print and I really had no idea what that was going to do to my life and how it was going to change everything. But I agreed to do print because I felt like you couldn’t ignore print; you can’t ignore print, it’s an object. And I knew that we were going to make the print quality as high as we could. And we were going to design it really well. So, I figured we would get a lot of respect, that female drummers would get a lot of respect, once we had a print object. More so than if it was just digital.” Mindy Abovitz-Monk, founder.