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Posts Tagged ‘Conde Nast’

Morning Media Newsfeed: Seattle Affiliate Stays With Fox | Snapchat Announces Ads

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KCPQ Will Pay More to Stay With Fox (TVSpy)
Tribune Media has signed an affiliation agreement with 21st Century Fox to keep Seattle’s KCPQ on as a Fox affiliate until July 2018. Deadline Hollywood Last month Fox said that it would withdraw its programming on Jan. 17. It wanted more lucrative terms from — or possibly to buy — the station in the home of the NFL’s 2014 Super Bowl champions. Tribune says that it will “pay additional programming fees to Fox for the primetime and sports content provided by the network” beginning in January. New York Post Tribune said that even with the stepped up fees, the station would deliver pretax profits in excess of last year’s $13 million. The new deal gives Fox a bigger cut of the revenue from Tribune’s carriage agreements with cable companies and other pay-TV providers. Station owners kick back some of their fees to the network. With the soaring cost of sports rights, the networks are leaning harder on their affiliates to recoup some of their programming costs. Variety During the dispute, Fox even went so far as to start the process of acquiring another station on the edges of the Seattle market to ramp up the pressure on Tribune to hand over KCPQ. The Fox O&O group orchestrated a similar station swap with Cox Media in the San Francisco market earlier this year. WSJ Fox, which paid for the broadcast rights to the NFL’s National Football Conference, had set out to own more television stations in markets where there is an NFC team, such as the Seattle Seahawks. Those stations tend to have high ratings, and by owning them outright rather than contracting with affiliate stations owned by other companies, Fox is able to collect more of the fees that pay-TV operators pay these local stations — not to mention local advertising dollars.

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Condé Nast Cuts 50 Staffers

CondeNastLogoThe pink slips we mentioned the other day are starting to fly at Condé Nast. According to WWD, the company cut 50 from the business side. The result is 25 percent decrease of the company’s media department.

As expected, the layoffs came under the watch of relatively new CMO Edward Menicheschi. The former Vanity Fair publisher has only been on the job for three months, but he wasted no time getting his hands dirty via what are obviously cost-cutting moves.

Unfortunately for Condé staffers, the layoffs probably aren’t over. Magazine publishers are meeting with president Bob Sauerberg on Tuesday. If the publishers aren’t hitting their budgets, more cuts are likely on their way.

Condé Nast to Cut Between 70 and 80 Staffers

CondeNastLogoThe next few weeks are going to be a little tense at Condé Nast. According to the Wall Street Journal, 70 to 80 staffers — mostly on the publishing house’s ad side — are getting pink slips between now and the end of October.

The cuts are coming as Edward Menicheschi — who was named CMO and president in August — tries to tighten Condé’s belt. Menicheschi had previously served as Vanity Fair’s VP and publisher.

Menicheschi sure knows how to make his mark. This many layoffs would be the biggest round of cuts to hit Condé since 2012.

Morning Media Newsfeed: Cuts Hit CNN, HLN | Nielsen Revision Puts Nightly News on Top

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Layoffs Begin at CNN (TVNewser)
Layoffs have begun at CNN. As many as 300, or 8 percent, of CNN’s workforce is being cut in Atlanta, Washington, D.C., New York and Los Angeles. FishbowlDC Up to 28 positions are rumored to be eliminated Tuesday and Wednesday from CNN’s Washington bureau. In August, Turner sent out an email to staff including those at CNN, offering a voluntary separation program to employees 55 and over who have worked for Turner for 10 or more years. Mashable CNN has cut Christiane Amanpour’s entire staff in New York as part of the cable news channel’s restructuring. Amanpour, CNN’s chief international correspondent and anchor of a nightly foreign affairs program, will continue to produce international news segments for the network. TVNewser Jane Velez Mitchell’s nightly HLN show has been canceled as part of the cuts. Velez Mitchell will be leaving the network, as will the staff of the show — in all about 15 HLN employees. Capital New York In addition, CNN has shuttered its entertainment news unit, with some staff being laid off and others being folded into other departments. In addition, Darius Walker, VP and Northeast bureau chief, will leave the company. Politico / Dylan Byers on Media The cuts are hitting all of CNN’s bureaus, with several back-office and corporate layoffs hitting Atlanta last week. Turner Broadcasting is restructuring under a “2020″ plan, which will cut the company’s total workforce by 10 percent, eliminating nearly 1,500 positions across their channels. CNN is expected to reduce its workforce by about 8 percent. More layoffs are expected Wednesday.

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Vogue Photographer Patiently Awaits His Next Assignment

In Toronto for the opening of an exhibition of his photos at Yorkville’s Izzy Gallery, famed Vogue photographer Arthur Elgort took the time to chat with Canadian Press.

IzzyGalleryArthurElgort

Among other things, he came up with a job title that really should be the one printed on Anna Wintour‘s Condé Nast business cards:

Vogue are not using me at the moment. I don’t know why,” said the genial 74-year-old New York native, who suffered a stroke in 2011. “I’m going to wait and send (Wintour) a Christmas card and say, ‘I’m ready for you anytime you’re ready for me.’ But I think she’s so busy now because I think now she’s the head of everything, and that’s a lot of things to do.”

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Pitch Poignant Personal Stories and Service Pieces to Brides

Brides-articleTurn wedding season into more than weekends spent at converted farmhouses and wages diverted to bridal registries and formal wear. If you can operate as both guest and reporter at these functions, you could have your piece make it to Brides’s “Real Weddings” section. Up your chances by pitching a story on a wedding whose bride and groom, or bride and bride, are underrepresented in the wedding magazine world.

Generally speaking, when pitching Condé Nast‘s 80-year-old bridal mag, you want to be different, but not too different:

Bottom line is your query will get a second look if it’s hitting on something that’s relatable and that you won’t find in every other bridal mag. Explained [executive editor Lauren Iannotti]: “It’s hard to find super new, fresh ideas that aren’t kooky and weird, and we’re challenged to do it all the time. So any fine reporter out there who can get that surprising service-y nugget that doesn’t come out of left field, that sort of feels real and great, we would love that.”

For more tips, including other sections ripe for pitching, read: How To Pitch: Brides

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Morning Media Newsfeed: Redbox Ends Streaming Service | Mukpo Returns to U.S.

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Redbox Ending Instant Streaming Service (THR)
Streaming video service Redbox Instant, a joint operation between Verizon Communications and Outerwall’s Redbox, is shutting down. Deadline Hollywood The statement announcing the shutdown read, “Thank you for being a part of Redbox Instant by Verizon. Please be aware that the service will be shut down on Tuesday, Oct. 7, 2014, at 11:59 p.m. Pacific Time. Information on applicable refunds will be emailed to current customers and posted on Oct. 10. In the meantime, you may continue to stream movies and use your Redbox kiosk credits until Tuesday, Oct. 7 at 11:59 p.m. Pacific Time. We apologize for any inconvenience and we thank you for the opportunity to entertain you. Sincerely, The Redbox Instant by Verizon Team.” Variety Outerwall (then called Coinstar) and Verizon formed Redbox Instant by Verizon in February 2012, with Verizon owning 65 percent of the joint venture. The companies debuted the service in March 2013. Under the most recent subscription plan, the $6 monthly service provided access to 6,000 movies across different devices, as well as rentals and purchases of select titles. GigaOM The shutdown comes after the service had disabled new sign-ups for three months due to a credit card fraud issue, which not only prevented Redbox Instant from acquiring new customers, but also resulted in existing customers with expiring or revoked credit cards being booted from the service because they weren’t able to add any new payment information. Redbox Instant’s catalog was also significantly smaller than Netflix’s or even the Amazon Prime Instant streaming video catalog, and the service never really gained traction with consumers, leading the CEO of Outerwall to remark that both his company and Verizon were “not pleased” with the subscriber numbers. In that context, the credit card fraud issue may have just have been the final straw. Re/code But Verizon is not done playing around with video services. Earlier this year the company bought Intel’s never-launched Web TV business, and while it doesn’t look like it’s going to try launching that one itself, it is planning some sort of video service that it plans on delivering via phones and other mobile devices. Recently Verizon announced it had secured programming rights from Viacom, and promised to say more soon. Meanwhile both Sony and Dish Network say they plan on launching their own Web TV services this year; Sony has also announced a Viacom deal, while Dish has signed up Disney/ESPN, A&E and Scripps.

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A Condé Nast Widget Funded by Mark Cuban

From a New York media perspective, one of the most salient portions of Indianapolis Star business reporter Jeff Swiatek‘s excellent chronicle of the rise of 2011 startup ZergNet reads as follows:

Condé Nast began using ZergNet about a year ago and credits it for increasing monthly traffic on its websites by the hundreds of thousands of new visitors, said Peter Cheng, director of business development and innovation.

Cheng said ZergNet offers publishers “traditional traffic-trading made easy… Plus the content recommendation algorithm of an OutBrain, and the human curation and headline writing of a BuzzFeed. Their secret sauce is combining all of the above into one.”

ZergNetPromo

How did content curator ZergNet makes its way from humble beginnings to a Quantcast #48 ranking among U.S. websites and hundreds of top-flight media clients? It’s a rich, long story that principally involves Mark Cuban, a fellow alum of Indiana University. Cuban provided $30,000 in seed funding to founder Reggie Renner in 2012 and has since ponied up much more.

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Condé on the Hunt for Digital Executive

CondeNastLogoCondé Nast is on the hunt for a digital executive. According to Ad Age, the company’s president — Bob Sauerberg — is leading the search for either a digital president of chief digital officer.

If Condé does hire someone to focus soley on the digital side of the publisher’s brands, it will be taking a page from its rivals’ book. Hearst tapped Troy Young as president of Hearst Magazines Digital Media last year, and Time Inc. hired Scott Havens as senior vice president of digital in February. Havens even went so far as to proclaim that Time Inc. wasn’t a magazine company, it was a “media company with a portfolio.”

We imagine plenty of people would be excited to lead Condé’s digital efforts. We’ll be watching to see who gets the honor (and the workload).

Morning Media Newsfeed: Politico Expanding to Europe | Fox News Defeated in Fair Use Suit

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It’s Official: Politico’s Headed to Brussels (FishbowlDC)
A 12:44 p.m. ET email from Politico president Jim VandeHei confirmed expansion to Europe, joining with Berlin-based media company Axel Springer to cover European politics and policy. Capital New York The 50-50 joint venture will cover the European Union as well as “European politics and policy more broadly,” VandeHei and editor-in-chief John Harris told staff in the memo, confirming recent reports that the influential Beltway website and congressional newspaper was eyeing expansion abroad. HuffPost / Backstory Details have not yet been finalized for the new organization, though Politico‘s leadership has been working on the plan throughout the year. VandeHei, Harris and owner Robert Allbritton have met in Brussels with top European journalists and diplomats about the potential launch of Politico Europe, as the outlet is tentatively titled, according to sources familiar with the discussions. Politico / Dylan Byers on Media VandeHei and Harris called Axel Springer “Europe’s largest and most powerful media company.” “Axel Springer is a highly impressive, highly ambitious company that shares our obsession with building media companies that produce and can sustain nonpartisan journalistic excellence,” they wrote. “They do about $3.6 billion in annual revenue and house a number of digital start-ups in their Berlin-based offices. We are excited to join forces with them.” NYT Politico was founded in 2007 and rose quickly to become a player in the world of political reporting. It has recently been considering ways to grow and refine its journalism. Last year, it started a magazine that focused on deeper and more expansive stories. The site also hired an executive editor Rick Berke from The New York Times in October, but he resigned Sunday, citing differences with Harris and VandeHei. Axel Springer, which publishes Bild and Die Welt among others, said last year that it was selling two regional newspapers and several magazines to focus on digital media.

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