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Posts Tagged ‘Conde Nast’

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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Mediabistro Course

Travel Writing

Travel WritingStarting September 23, learn how to turn your travel stories into published essays and articles! Taught by a former Vanity Fair staff writer, James Sturz will teach you how to report, interview, and find sources, discover story ideas and pitch them successfully, and understand what travel editors look for in a story. Register now! 

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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Chris Mitchell Named Vanity Fair Publisher, Howard Mittman GQ Publisher

CondeNastLogoVanity Fair has itself a new publisher. Chris Mitchell, previously GQ’s VP and publisher, has been tapped for the same role with Vanity Fair. Mitchell had been GQ’s VP and publisher since 2011. Previously he served in the same role for Condé Nast Traveler.

Mitchell is replacing the void left by Edward Menicheschi, who was named chief marketing officer and president of Condé Nast two weeks ago.

At GQ, Howard Mittman will succeed Mitchell. Mittman had served as Wired’s VP and publisher since 2009. He previously served as Wired’s associate publisher. Mittman’s successor at Wired will be named shortly.

“Many of you know Chris and Howard, and are familiar with their numerous successes at Condé Nast,” wrote Condé’s president, Bob Sauerberg, in a memo to staffers. “I am confident that in their new roles, they will continue to achieve the outstanding results that have defined their accomplished careers with us.”

Morning Media Newsfeed: Bloomberg Back to Lead Company | Obama Vows Justice for Sotloff

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Michael Bloomberg to Return to Lead Company He Founded (NYT)
Michael R. Bloomberg has decided to reassume the leadership of his business empire only eight months after ending his final term as mayor of New York. Late Wednesday, Bloomberg told close confidants and senior executives of Bloomberg LP, a financial data and media company, that Daniel L. Doctoroff, its chief executive and a longtime friend and lieutenant, would leave the company at the end of the year and that he would take over. FishbowlNY It seems like only yesterday that Bloomberg was chiding us for drinking large sodas and eating too much salt. In fact, that was about nine months ago. During the time since he vacated the mayor’s office, Bloomberg has become bored. And so he’s returning to a little company called Bloomberg LP, as its CEO. WSJ In a statement, Bloomberg said he hadn’t intended to return to Bloomberg LP after his mayoral stint was completed. “However, the more time I spent reacquainting myself with the company, the more exciting and interesting I found it — in large part, due to Dan’s efforts. I have gotten very involved in the company again and that led to Dan coming to me recently to say he thought it would be best for him to turn the leadership of the company back to me.” NPR / The Two-Way Both Bloomberg and Doctoroff, a former deputy mayor under Bloomberg before being tasked with running the company, told the Times that there was no animosity between them regarding the shift. Forbes Bloomberg only had praise for his former deputy, who took revenues from $5.4 billion in 2007, just before he became president, to more than $9 billion this year.

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Condé Nast Names Gina Sanders President of Global Development

Condé Nast has named Gina Sanders president of global development. Sanders most recently served as president and CEO of Fairchild Fashion Media, a role she held since 2010.

Sanders is has been with Condé for more than two decades. During her time with the company, she has served as VP and publisher of Lucky, founding VP and publisher of Teen Vogue, and VP and publisher of Gourmet and Details.

“In today’s dynamic business environment, it is more important than ever to have a coordinated global network and reach,” said Chuck Townsend, Condé’s CEO, in a statement. “With Gina’s extensive relationships and strong business acumen, we will be able to fully harness the power of our brands worldwide.”

Morning Media Newsfeed: 550 Buyouts, Layoffs at Turner | Amazon Acquires Twitch

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550 Buyouts, Layoffs Imminent at Turner; HLN, CNN Among Cuts (The Wrap)
Some 550 buyouts are to be offered at Time Warner’s Turner network this week, including a large number of those at CNN and HLN, which will lead to layoffs if they are not taken voluntarily, according to an individual with knowledge of the network’s plans. TVNewser CNN chief Jeff Zucker will certainly want to protect CNN’s investment in original series and documentaries; the type of programming he’s gone all in on since taking the reins last year. Which departments and programming are affected by cuts remains to be seen. Variety Word of the staff cuts comes at a time when key Turner nets are at a crossroads. Turner’s entertainment networks are poised for a management overhaul following the departure in April of Steve Koonin as entertainment group chief. Meanwhile, CNN sibling HLN has been rumored to be in for a major makeover, possibly in a partnership deal between Time Warner and Vice Media. B&C The buyouts are part of the Time Warner unit’s efforts to cut costs as part of new CEO John Martin’s Turner 2020 plan aimed at cutting costs and aligning spending with company priorities. Turner officials had no comment, but sources said that the voluntary layoffs will be offered throughout Turner, including its news networks CNN and HLN, as well as its entertainment networks, including TNT and TBS. The company is not aiming at a specific headcount but rather is seeking to hit an expense number that includes personnel and other costs. THR The plan at Turner, which employs about 14,000 people worldwide, involves a formula that will allow workers at least age 55 and with a certain number of years seniority to take a buyout somewhat more generous than the usual two weeks of pay for every one year of service, according to a person familiar with the situation.

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Morning Media Newsfeed: Condé Nast Names CMO | Gregory Writing Book on Jewish Faith

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Edward Menicheschi Named CMO of Condé Nast (FishbowlNY)
Edward Menicheschi has been named chief marketing officer and president of Condé Nast. Menicheschi most recently served as Vanity Fair’s VP and publisher. New York Post Menicheschi will replace Lou Cona, who is getting the boot. Some were speculating that Gina Sanders, the president of Condé’s Fairchild division, might land the vacant Vanity Fair job now that her group is being sold to Penske Media Corp. Capital New York Cona has served as the media group’s president and chief revenue officer since April 2013. As home to the publisher’s corporate and digital sales and marketing teams, the division is a central corridor of business-side power. Cona first ascended the corporate ladder to the media group in 2010 after his own stint as Vanity Fair’s vice president and publisher, and a run at The New Yorker before that. WWD Cona’s departure came as a surprise to some within Condé. In April 2013, he was promoted after he mused about retiring at the ripe age of 55. TheWrap Prior to Menicheschi’s role at Vanity Fair, he was president of WWD Media Worldwide. He has held a number of senior roles at Vogue and GQ.

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Edward Menicheschi Named CMO of Condé Nast

Edward Menicheschi has been named chief marketing officer and president of Condé Nast. Menicheschi most recently served as Vanity Fair’s VP and publisher.

Menicheschi is succeeding Lou Cona, who is “leaving the company after many years of distinguished service,” wrote Robert Sauerberg, Condé’s president, in a memo announcing the change. “Lou has been an invaluable business partner and we wish him well.” Cona had been with Condé since 2008.

“Many of you have worked with Edward during his tenure here and are familiar with his deep understanding of our brands, audiences and advertisers,” added Sauerberg. “He will bring his considerable skills and experience to bear as we expand our advertising and marketing influence across all platforms.”

Condé is expected to name a new publisher for Vanity Fair soon.

Morning Media Newsfeed: Obama Honors Foley | Afghanistan Expels NYT Reporter

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Obama: Foley Execution ‘Appalled’ the Entire World (TVNewser)
President Obama took the podium Wednesday in Martha’s Vineyard to speak about James Foley, the American journalist who was beheaded by ISIS in a video released Tuesday. The United States Wednesday morning verified the authenticity of the video, which also shows another captive American journalist, Steven Sotloff, and warns that he will be next to die. FishbowlDC Obama said, “No just God would stand for what they did yesterday or every single day… People like this ultimately fail. They fail because the future’s won by those who build and not destroy. The world is shaped by people like Jim Foley.” ABC News, CBS News, NBC News, FOX News, CNN, MSNBC and Al Jazeera America all broadcast Obama’s statement live. NYT Obama declared on Wednesday that the entire world was “appalled” by the videotaped beheading of Foley by Islamic militants, speaking as American warplanes conducted 14 airstrikes in Iraq and the State Department asked the Pentagon to send as many as 300 more American troops to Iraq for security. Mashable Obama sent U.S. troops to Syria earlier this summer to rescue a number of Americans held by a violent extremist group, including Foley, but the troops did not find the hostages, senior Obama administration officials said Wednesday. The officials said the rescue mission was authorized after intelligence agencies believed they had identified the location inside Syria where the hostages were being held. HuffPost Associated Press CEO Gary Pruitt condemned the murder of journalist Foley in a statement on Wednesday. His murder should be treated as a war crime, according to Pruitt. Foley went missing in Syria in 2012. He contributed to the GlobalPost and Agence France-Presse, among other media outlets. TVNewser CBS’s Clarissa Ward changed her profile picture, Fox News’s Conor Powell remembers him as “a great guy,” while Al Jazeera journalist Mohamed Fadel Fahmy, himself imprisoned in Egypt, says Foley’s murder “will spark a revolution against terrorists.” These are just some of the ways those who knew and worked alongside the intrepid journalist are remembering their colleague killed by ISIS militants.

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