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Posts Tagged ‘Rodale’

Morning Media Newsfeed: Chernin, AT&T Strike Deal With Fullscreen | The Wire Shuttered

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Peter Chernin, AT&T to Buy Majority Stake in YouTube Network Fullscreen (THR)
Peter Chernin’s The Chernin Group and AT&T have finalized a deal to acquire a majority stake in YouTube network Fullscreen. GigaOM Financial details of the transaction weren’t released, but Fullscreen CEO George Strompolos, who previously handled partner relations for YouTube, will retain “a material ownership stake in the company,” according to the release. Re/code The sale is supposed to wrap up in the next month; ad holding giant WPP, which invested in Fullscreen earlier, will remain as a “strategic shareholder.” The deal is likely to value Fullscreen, which says it has 4 billion monthly video views, between $200 million and $300 million. Earlier in the year, Disney bought YouTube network Maker Studios, which had 5.5 billion views, in a deal that could ultimately hit $950 million. That sale kicked off a new wave of investor interest in Web video networks, which for now generate most of their eyeballs and revenue on YouTube. Capital New York Dreamworks acquired YouTube channel AwesomenessTV in 2011 for $150 million, Discovery acquired Revision3 in 2012 for $30 million, and Legendary Entertainment bought Nerdist for an undisclosed sum in 2012. Variety Fullscreen, founded in January 2011, works with more than 50,000 content creators — including such YouTube stars as the Fine Bros., Connor Franta and O2L — who have an aggregate of 450 million subscribers. The Culver City, Calif.-based company has about 200 employees worldwide.

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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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Rodale Searches for Next Women’s Health Editor

Now that Michele Promaulayko has left Women’s Health for Yahoo, Rodale is in the unfortunate position of trying to fill the editor’s role at one if its most popular titles. WWD reports that for now, Amy Keller Laird is serving as acting editor-in-chief.

Should Keller Laird not be a perfect fit, Rodale is considering other candidates. Here are just a few names being tossed around:

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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Morning Media Newsfeed: Zakaria Joins The Atlantic | The Hill Names Cusack Editor-in-Chief

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Fareed Zakaria to Join Atlantic Media as Contributing Editor (FishbowlDC)
Atlantic Media announced Monday that Fareed Zakaria will join The Atlantic and Quartz as a contributing editor in September. In this role, he will write for The Atlantic and participate in AtlanticLIVE and Quartz events. FishbowlNY Zakaria will continue his current roles as host for CNN and a columnist for The Washington Post. HuffPost “I have read The Atlantic with pleasure for three decades,” Zakaria said. “It is the best forum for ideas in the world and I’m delighted to be a part of it and Quartz.” Poynter / MediaWire Zakaria will cover “pressing world matters and culture”, and his work will appear both in the magazine and on TheAtlantic.com, according to Atlantic Media. Politico / Dylan Byers on Media Zakaria’s first event with the company will be Quartz’s The Next Billion: A Connected World conference in New York in November.

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Rodale Promotes Paul Collins

rodale logo GPaul Collins has been promoted to associate publisher of Rodale’s Runner’s World and Running Times. Collins has been serving as ad director for both brands since 2010.

Collins has been with Rodale since 2006. He previously served as Bicycling’s ad director and director of Rodale’s Sports Marketing & Events Group.

“Paul has everything we’re looking for in an associate publisher,” said Molly O’Keefe, Runner’s World and Running Times’ publisher, in a statement. “He has a dedication and passion for our brands. He has the ability to connect with partners and understand their expectations, and also the creativity and leadership to pull together programs that meet and exceed everyone’s goals. I’m excited to be able to promote Paul to this new position where we will continue to work together for these two dynamic brands.”

Cameron Connors Named Publisher of Popular Mechanics, Rodale Promotes Two

Hearst Magazines and Rodale made a few announcements involving publishers this morning. Below are the details.

  • Cameron Connors is returning to Hearst as publisher of Popular Mechanics. Connors comes to the magazine from Paper Communications, where he served as president since June of 2013. Prior to that he spent two years at Condé Nast. He served as director of marketing services for Hearst Digital Media from 2008 to 2010.
  • Men’s Health publisher Ronan Gardiner and Women’s Health publisher Laura Frerer-Schmidt have added vice president to their roles. Gardiner has been publisher of Men’s Health since 2011 and Frerer-Schmidt was named publisher of Women’s Health the same year.

Scott Schulman Named President of Rodale

Scott Schulman GScott Schulman, a Dow Jones veteran, has been named the new president of Rodale. Schulman comes to Rodale from Dow Jones, where he had been since 1999. He most recently served as president of Dow Jones’ corporate markets group.

“Scott is the right president at the right time for our company,” said Maria Rodale, CEO of Rodale, in a statement. “He not only understands the business of digital content, but also is comfortable and adept at making the bold moves necessary to significantly drive revenue and profitability.”

Schulman will report to Rodale. His first day is October 28.

Rodale Names First CTO

Rodale has named Bobby Chowdhury its first dedicated chief technology officer. Chowdhury comes to the company after spending four years with Condé Nast as its vice president of engineering and digital technology. Prior to that he was CTO of United Media & Scripps Ventures for 15 years.

“As we begin an important year for the company, Bobby’s valuable expertise and management background will help us turn our IT infrastructure into a strategic asset,” said Anthony Astarita, Rodale’s general manager/senior vice president of digital and new brand development, in a statement. “His entrepreneurial spirit coupled with his deep knowledge of software development and back-end systems management for media companies and VC-backed startups make him a key partner for our business.”

Chowdhury’s appointment is effective immediately.

Execs Leave Condé and Rodale for Say Media

Say Media has hired two execs from Condé Nast and Rodale. Kate Lewis has been named senior vice president, editorial director and Tim Koorbusch will serve as vice president of U.S. sales.

Lewis comes to Say Media from Condé Nast, where she served as senior executive director of human resources. Prior to that Lewis was managing editor of Self. At Say Media, Lewis will guide the editorial direction of the company’s many sites, including xojane.com and gdgt.com.

Koorbusch was most recently associate publisher of Men’s Health. Prior to that he was advertising director for The Week.

“Both Kate and Tim have unparalleled experience,” said Kim Kelleher, president of Say Media, in a statement. ”Kate has managed some of the most renowned editorial brands and Tim has a proven track record leading successful sales teams across print and digital. These strong additions to our leadership team will undoubtedly make huge contributions in the next phase of our aggressive growth.”

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