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Posts Tagged ‘Men’s Journal’

Morning Media Newsfeed: Alibaba’s Jack Ma Eyes Lionsgate Stake | Terry Keenan Dies at 53

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Alibaba Eyeing 37 Percent Stake in Lionsgate (New York Post)
After getting a taste of The Hunger Games, Alibaba billionaire Jack Ma has an appetite for more. The Chinese Internet tycoon is hungering after Mark Rachesky’s 37.4 percent of Lionsgate, the studio behind the blockbuster film franchise. THR Hedge fund manager Rachesky, the chairman of Lionsgate and its biggest shareholder, is looking to unload his influential stake in the mini-studio. Variety A sale of his stake to Alibaba could be announced in November or perhaps sooner. Lionsgate and Alibaba reps declined to comment on the report. Rachesky and reps for Rachesky’s MHR Fund Management did not respond to requests for comment. New York-based MHR manages about $6 billion of capital. Deadline Hollywood Ma will be in Hollywood this week to talk with different studios. He already knows Lionsgate: Alibaba partnered with the studio this summer when it launched its Chinese subscription streaming service, Lionsgate Entertainment World, which features the studio’s movies and TV shows. Adweek China is the No. 2 film market in the world, making the convenience of online subscription content a natural fit for Alibaba’s e-commerce network. However, China is not a straightforward place to do business. Last month, Chinese regulators announced they would cap the amount of foreign TV programs local providers could stream to online subscribers.

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Men’s Journal Publisher Out After One Year

The New York Post reports that Vincent Krsulich is out as publisher of Men’s Journal after only one year in the role. Krsulich had been with the magazine since 2008. He served as associate publisher for five years before being promoted.

Krsulich’s departure means yet another publisher for Men’s Journal, which has seen quite a few over the past six years.

Since 2008, Men’s Journal has had five different people fill that role: Fran Farrell (2008-2009), Matt Mastrangelo (2009-2010), Michael Wolfe (2010-2012), Chris McLoughlin (Jan. 2012-Aug. 2013) and Kruslich.

The next person offered the job might want to consider that history first.

Wenner Media CRO Bolts to Apple University

DavidKangLinkedInLast month, the New York Times offered a rare peek inside Apple’s internal employee training program. Reporter Brian X. Chen didn’t exactly get a mountain of details from the three staffers he spoke to, on the QT. Rather, just some program tidbits and a reminder of Apple U’s cloak:

It is highly secretive and rarely written about, referred to briefly in the biography of Steve Jobs by Walter Isaacson. Apple employees are discouraged from talking about the company in general, and the classes are no exception. No pictures of the classrooms have surfaced publicly. And a spokeswoman for Apple declined to make instructors available for interviews for this article.

Not so top secret, according to intrepid New York Post media reporter Keith J. Kelly, is the identity of Apple University’s newest teacher. Joining the program at the end of the month will be David Kang, recently promoted at Wenner Media to the position of chief revenue officer. From Kelly’s report:

On the Wenner front, the move suggests that Jann Wenner’s succession plan may have hit a speed bump.

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Journalist Matthew Power Dies in Uganda

Matthew Power, who has contributed to pieces to numerous magazines, has died. Men’s Journal reported that Power was in Uganda working on a piece for the magazine that required him to walk the Nile river with the British explorer Levison Wood. Outside reported that it’s believed that Power died of heat stroke and exhaustion.

Power was a contributing editor at Harper’s. His work has appeared in publications such as Men’s Journal, Wired, BusinessweekOutside, GQ, Slate and more.

“Matt Power was a fearless and compassionate journalist who did terrific work for Outside, most recently from Costa Rica, where he reported an astounding story on the murder of a sea turtle activist,” said Outside, in a statement. “He wrote with grace and humor and was always curious. He was tough but treated his story subjects with the utmost respect. Journalism is worse off and our hearts are broken.”

Below is a snippet of Men’s Journal’s note on Power:

He was a true adventurer and a principled, ethical journalist who never failed to put the accuracy of the story and the fairness in his depiction of a person, place, or situation above what worked for him as a writer. Matt chose the hard way when it was the right way, yet somehow never failed to enjoy the journey. He was 39 years old and he will be greatly missed by us here at Men’s Journal and his many friends and colleagues around the world.

[Image: Jessica Benko/Men's Journal]

Men’s Journal Publisher Chris McLoughlin Moves Over to Rolling Stone

It was just last month that we were writing about the strategic alliance between Wenner Media’s Fitness and Men’s Journal. And how that deal quickly came together through the efforts of respective publishers Eric Schwarzkopf and Chris McLoughlin.

This week, McLoughlin is on to bigger and better Wenner things. A year and a half after being appointed publisher of Men’s Journal, the magazine industry vet is moving over to Rolling Stone in the same capacity. From this afternoon’s announcement:

“We’re thrilled to see Chris apply the strategic thinking he displayed at Men’s Journal as he assumes his new role at Rolling Stone,” said Jann Wenner, chairman of Wenner Media. “Chris’s sales and marketing expertise will further redefine and expand the Rolling Stone brand as we increasingly engage and grow our audiences in both the print and digital space.”

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Men’s Journal and Fitness Combine Forces

Wenner Media’s Men’s Journal and Meredith’s Fitness are sick of being underdogs to titles like Men’s Health and Shape, so they’re teaming up. Adweek reports that the titles have entered into a sales partnership that they hope will entice advertisers.

By combining the titles, the pair can tell companies that their ads will now be seen via a circulation of 2.2 million, a little below Men’s Health and Women’s Health (3.3 million), but a notch above Shape (2.15 million).

The deal was proposed by Eric Schwarzkopf, Fitness’ publisher. He called Men’s Journal’s publisher, Chris McLoughlin, and the two discussed the idea. “By the time he [Schwarzkopf] got done talking, I thought, ‘This is fantastic,’” McLoughlin told Adweek.

The duo also explored each other’s offices. While Schwarzkopf loved Wenner Media’s headquarters — “I could live in their building because I just love music,” he said — McLoughlin didn’t have much to say about his counterpart’s building. He called it “interesting” and explained, “They’ve got a lot of space over there.” You lose again, Meredith.

Yahoo! and Wenner Media Strike a Cross Branding Deal

Yahoo! and Wenner Media are teaming up to create new content as part of a new cross-branding deal. Under the agreement, Yahoo!’s omg! and Yahoo! Music will share content and maintain a brand presence with Us Weekly, Rolling Stone and Men’s Journal; and vice versa.

The reason for the deal is simple: To extend all of the brands’ reach.

“This partnership combines boutique-quality entertainment content with unmatched scale,” said David Kang, Wenner Media’s chief digital officer, in a statement. “Rolling Stone and Us Weekly are iconic brands in music and celebrity news. As a leader in digital media, Yahoo! is the perfect partner to help these brands grow their digital footprint.”

Men’s Journal Names New Publisher

In late January, Michael Wolfe, Publisher of Men’s Journal, left the magazine for The Week. Since then there has been a void at Men’s Journal, but it has now been filled: Chris McLoughlin has been named Publisher.

McLoughlin comes to Men’s Journal from Redbook, where he served as Associate Publisher since 2009.

Prior to Redbook McLoughlin worked at Condé Nast as Executive Director, Sales and Marketing of GolfDigest.com, Publisher of Golf for Women, Associate Publisher of Condé Nast Traveler and Associate Publisher of Golf Digest.

Men’s Journal Publisher Heads to The Week

Michael Wolfe, Publisher of Men’s Journal, is leaving for the same position at The Week. Wolfe had been Publisher at Men’s Journal since early 2010, and prior to that he was Publisher of Rodale’s Best Life. He has also held positions at GQ and O, the Oprah Magazine.

Men’s Journal is on a roll; we’ve managed to grow our business,” Wolfe told Adweek. “But The Week is one of those unbelievably unique properties. The opportunity to lead that brand while it’s still in its growth mode is really, really exciting.”

Food Network Magazine Brings The Heat To Hearst

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Despite the shuttering of O at Home and the company layoffs in 2008, Hearst may be one of the few publishers (along with Rodale and Meredith) that came up as a winner for 2009. And by “winner” we mean “did less terribly than everyone else.” Yesterday Keith Kelly reported that the company’s Food Network Magazine — which plans to print 10 issues this year — may be “one of the fastest starting magazines in publishing history.” That doesn’t mean the magazine hasn’t had its share of problems: there has been a constant revolving door at the title despite only having 5 issues in total, with managing editor Tara Cox (who was poached from Every Day at Rachel Ray) took the same job at Men’s Journal after test-editor Jennifer Dunn ditched out after the first trial issue in 2008.

A source quoted in the piece also admits that several mid-level editors have given notice, designer Sarah Goldschadt may be heading overseas to be replaced by Shira Gordon of Self. That’s a lot of revolving doors for a magazine whose total paid circulation in 2009 was 1,196,835 for four issues.

Read More: Food Network cooks up a hit, despite turnover – New York Post

Previously: Hearst Consolidating O at Home Into O: The Oprah Magazine, Hearst the Latest to Layoff Staffers Company-Wide

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