All Posts Tagged Tag: ‘Hearst’
Hearst Corporation announced today that it has acquired a 20% stake in the London-based Stylus Media Group, a collective that provides business intelligence to consumer companies, according to Paul Luthringer, Vice President at Hearst Corp. Hearst CEO Frank A. Bennack, Jr. and Stylus founder Marc Worth made the announcement together, though no financial terms were disclosed. As part of the …
YouTube recently announced an expanded channel lineup, to include a number of high profile partners. Hearst Magazines, for example announced two channels as part of the initiative, with programming created in conjunction with Car and Driver, Road & Track, and Popular Mechanics for an Automotive channel and Cosmopolitan, Harper’s Bazaar, Marie Claire, Seventeen, and Realbeauty.com for a Fashion and Beauty …
Next Issue Media, a digital publishing consortium made up of Condé Nast, Hearst, Meredith, News Corp., and Time, has revealed findings from a study on consumer demand for digital newspaper and magazine products. According to the consortium, $3 billion in subscription revenue is expected by 2014.
After accounting for potential cannibalization of some print subscriptions, the industry could realize $1.3 billion in incremental revenue, the consortium says.
MSN Local Edition has struck content deals with NBC Local Media and Hearst Television.
Microsoft says the partnerships with NBC Local Media and Hearst Television will give MSN around 3,000 news video clips a week across 36 local media markets. The new video content will be available in January 2010.
The Seattle Post- Intelligencer (P-I) will become the nation’s largest daily newspaper to move entirely online, its publisher Hearst Corporation announced today.
The announcement was made by Frank A. Bennack, Jr., vice chairman and chief executive officer, Hearst Corporation, and Steven R. Swartz, president of Hearst Newspapers. The final print edition of the newspaper will appear tomorrow.
The Seattle Post-Intelligencer has informed some of its staff that they have been selected to work for an online only version of the newspaper, if publisher Hearst moves forward with plans to shutdown the print edition.
Two reporters said they received "provisional offers" from P-I New Media boss Michelle Nicolosi or Hearst executive Ken Riddick, according to the P-I Web site.
Hearst has announced that former Yahoo News general manager, Neeraj Khemlani, has been named vice president and special assistant to the CEO for digital media at the company.
"The creation of this new position is designed to accelerate the progress through greater cooperation and synergy across divisional lines," said Frank A. Bennack, Jr., vice chairman and CEO of Hearst."Neeraj is uniquely equipped to help me and my colleagues realize that goal."
Hearst Magazines and MSN are partnering to launch a new food Web site called Delish.com.
The two companies say Delish will launch in the fall of 2008 and will be its own brand controlled by Hearst Magazines Digital Media and distributed on MSN.
Under the terms of the deal Hearst will be responsible for the design, development and editorial content of the site. MSN will handle the advertising and the distribution of the site’s content via the MSN network.
Never mind the kit: Kaboodle alone costs over $30 million. That’s the social shopping community’s rumored price tag, anyway, following an acquisition by Hearst Corp.; Kenneth A. Bronfin, the president of Hearst Interactive Media, explained that his company thinks Kaboodle “will bring to social shopping what MySpace has brought to social media.”
Local.com is $13 million richer, but the money was not so much a gift as a payment – Local.com sold about 2.4 million shares of its stock to two investors. And those investors bought the shares at $5.50 apiece, even though the stock’s current price has only ranged between $5.70 and $7.60 over the past few days.
Yesterday, Hearst Corp. sold its stake in Local.com, but it looks like that didn’t hurt the website much – it has now acquired PremierGuide, “the largest and fastest-growing provider of private-label local search solutions to newspaper publishers, TV and radio stations, and city portal operators.”
Maven Networks has launched its new Internet TV platform, which has been adopted by more than 500 media companies, led by Hearst Corporation. The companies are using Maven to power their online video distribution and advertising business.
Hearst Magazines, publisher of Cosmopolitan, Esquire and Good Housekeeping, is launching 14 new Internet channels built on the Maven platform with their own individual branding, promotions and advertising around the audience of each magazine title.
Newspaper giant Hearst Corporation unveiled its News Reader software, a product born of a partnership with Microsoft. News Reader software debuted in beta at the Seattle Post-Intelligencer as a downloadable application, allowing an on-screen view of Hearst newspapers.
The news comes in the wake of growing concern for the future of print media as online content becomes more prevalent and preferred.
George B. Irish, president of Hearst Newspapers, and Kenneth A. Bronfin, president of Hearst Interactive Media.