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Posts Tagged ‘Time Inc.:’

Morning Media Newsfeed: Netflix Ups Global Expansion | Turner, CBS Prep for Dish Blackout

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Netflix to Expand to Australia, New Zealand (THR)
Netflix is continuing its march worldwide, unveiling plans on Tuesday to expand to Australia and New Zealand. The streaming service said that it will expand to those countries in March 2015. Variety Pricing for a subscription to Netflix in the countries will be announced “at a later date.” In a press release, Netflix said the Australia and New Zealand collection will include upcoming original series Marco Polo, animated BoJack Horseman and kids titles including DreamWorks Animation’s All Hail King Julien. Movies and TV shows will be available in high definition and in 4K where possible. GigaOM The launch will bring the number of countries Netflix is available in to more than 50 and the announcement is not unexpected: Netflix CFO David Wells said earlier this month that the company plans a “sizeable expansion” for 2015 and Netflix has reportedly been preparing to enter Australia by hiring local agencies for a launch campaign. WSJ He said over the next three to five years, Netflix believes it is possible to generate 50 percent of its revenues from countries outside the U.S., up from about 28 percent now. Assuming that Netflix signs up 10 percent of broadband households outside the U.S., Wells says, it is possible for the company to have about 50 million to 60 million non-U.S. subscribers or even more. The company had 14.4 million international paying customers at the end of the third quarter, compared with 36.3 million U.S. customers. Deadline The initiative positions Netflix for an interesting fight: Only about 30 percent of Australian households subscribe to pay TV, far less than in the U.S. and even less than in the U.K., where about half subscribe. Australia’s leading distributor, Foxtel, expected to see some competition from streaming services and recently halved the price of its basic service.

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Big Changes at InStyle, People StyleWatch

InStyleNovember2014Starting next week, InStyle magazine will have a new publisher. Per a memo obtained by Ad Age’s Michael Sebastian, Nina Lawrence is taking over for Karin Tracy:

The appointment of Lawrence, whose resume includes two years at the Wall Street Journal and 15 years at Time Inc. rival Condé Nast, is aimed at delivering “integrated solutions to advertisers” as well as generating “new business opportunities” around the InStyle brand, according to the memo from Evelyn Webster, executive VP at Time Inc.

“I am confident in Nina’s ability to navigate the fast-changing media landscape and expand the InStyle franchise in partnership with Ariel,” Webster added, referring to InStyle editor Ariel Foxman.

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Time Inc. Gears Up for Third International Edition of People Magazine

PeopleMostBeautifulIssue2014Sometimes, timing is everything.

On the heels of Germany deposing the U.S. at the top of the Anholt-GfK Nations Brand Index, it was revealed that Time Inc. has pacted with Bauer to launch a German edition of People. From the announcement:

“Time Inc. is pleased to partner with Bauer Media Group in Germany, a weekly publisher with a strong heritage,“ said Norman Pearlstine, chief content officer, Time Inc. “We expect the People Germany team in Hamburg to launch the magazine with the same passion for the brand as we have in the U.S.”

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Time Inc. Makes Exclusive Deal with Outbrain

Time__Inc_-logo-2ED06AA15C-seeklogo.com_Time Inc has struck a deal to make Outbrain the exclusive provider of the recommended stories that appear on Time Inc. sites. Outbrain is a “content discovery platform,” which means it gets paid by media companies to have their links placed below stories on a wide variety of websites. You know the type — A block of articles with an “Around The Web” or “Promoted Stories” headline.

Up until now, Time Inc. had worked with a few different content discovery companies. Now only Outbrain will be providing this service. The deal is expected to generate more than $100 million for Time Inc. over the course of the agreement.

“Outbrain’s focus on audience experience and surfacing optimized content recommendations was a key to launching this partnership,” said Time Inc’s CEO Joe Ripp, in a statement. “It maximizes the monetization of our audience to other content publishers. And, it provides key insights and analytics about our core digital users.”

Time Inc. Searches for People Exec Editor

Time Inc. needs People to rake in the cash, and so it is on the hunt for an executive editor to oversee the magazine. According to The New York Post, Time Inc. CEO Joe Ripp has hired executive search firm Edon Zehnder to find the person, who will also oversee Entertainment Weekly.

People, which has long been Time Inc.’s biggest earner, has struggled recently. If People falters, Time Inc. does too. It’s not just People though. Ripp admitted during an earnings call that many of the companies weeklies were underperforming.

“Late in the quarter, our print advertising revenues weakened principally across our entertainment news and sports titles, and these booking trends have continued into the fourth quarter,” said Ripp.

Whoever ends up with the executive editor role will have plenty of work to do.

Morning Media Newsfeed: TV News Covers Republican Sweep | Time Inc. Revenue Up

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TV News Covers Republican Congressional Takeover (Mediaite)
During the 11 p.m. ET hour, several networks announced the big news of the night: the Republican Party will be in control of the U.S. Senate starting in January. And with the GOP projected to hold onto the House of Representatives, this will set up a new dynamic of power in Washington: a Republican-dominated Congress versus the Democratic president. TVNewser The coverage produced several interesting moments; take CNN’s call on control of the House of Representatives. CNN’s Anderson Cooper threw to Wolf Blitzer with a promise of a “big projection.” Blitzer said it was, bigger than big, a “major, major projection” in the fight for control of the House. “Which party is coming out ahead? Get ready for that major projection right now.” And CNN rolled the full screen “CNN Projection” graphic, after which Blitzer himself poured ice water all over the preceding 30 seconds of dramatic hype: “Not a major surprise by any means.” TVNewser John Heilemann and Mark Halperin, hosting their first election night for BloombergTV, were discussing the West Virginia Senate race when Halperin said, “Two news organizations, both CNN and Fox News, are predicting that Shelley Moore Capito will be the winner.” A few minutes after that, Bloomberg cited CNN once again, which had called the Ohio governor race for John Kasich. Politico / Dylan Byers on Media Fox News broadcast exit polls from the New Hampshire Senate race almost two hours before polls closed in that state, a move that is likely in violation of agreed-upon rules by the media companies that commission the exit polls. TVNewser Earlier Tuesday, Jon Stewart stopped by CNN for an interview with Christiane Amanpour. Stewart told Amanpour he didn’t vote because, having just moved out of New York State, he didn’t know where his polling place is. TVNewser On his live show Tuesday night, he took a moment to apologize, saying it should have been more clear that he was just kidding, and he did, in fact, vote. Mediaite Stephen Colbert decided to show up CNN, Fox News and MSNBC with some over-the-top midterm coverage of his own. Only his involved the dark arts, a giant cauldron and Colbert selling his soul to the devil himself. TVNewser Legendary NBC News anchor Tom Brokaw was making an appearance on MSNBC’s election coverage when suddenly it sounded like a fire alarm might be going off in the studio. Brokaw then surprised Rachel Maddow and pulled out a giant smartphone with the alarm ringing on full blast.

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Time Inc. Revenue Increases

time-inc-logo1Time Inc.’s third quarter report reveals that revenue increased despite some problems that impact the entire industry: Declining print and circulation sales.

Revenue for the third quarter increased to $821 million, up from $818 million during the same period last year. That was good enough to beat Wall Street’s expectations, which predicted the company would post revenues of $817 million.

Time Inc., like most publishing companies, still had to contend with plummeting numbers related to print.

Print revenue was only down one percent, but would have declined by nine percent if not for “corporate transactions,” like Time Inc.’s acquisition of American Express Publishing. Likewise, circulation revenue — which includes subscriptions and newsstand sales — declined two percent; but excluding the transactions, would’ve declined by five percent.

Morning Media Newsfeed: ISIS Posts Fourth Cantlie Video | Abramson Talks Risen, Rice

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ISIS Releases Fourth Video of Journalist John Cantlie, ‘Eagerly Awaits’ Ground War (HuffPost)
Islamic State militants have released a new video featuring British freelance journalist John Cantlie — the fourth since Cantlie was taken hostage nearly two years ago. The Guardian Cantlie, who has been held for almost two years, said ISIS was “dug in for the fight” in a seven-minute video that emerged on Sunday. Appearing to offer a scripted argument, he said the western public is being rushed into a war it cannot win, against thousands of armed militants. The Independent Cantlie also appeared in an online article calling for the British government to “open a channel and negotiate” with ISIS. It appeared hours after the British Ministry of Defence confirmed that a “specialist” team of British soldiers would head to northern Iraq to help train Kurdish forces fighting the Islamic militant group. The article was published in the ISIS online magazine Dabiq. WSJ The U.K. government said Monday that it was analyzing the article purportedly by Cantlie in which he says he awaits his turn to be executed by the extremist group unless British and American governments negotiate. The writer who identifies himself as Cantlie criticizes the West for not negotiating with ISIS when others have. “For now, I am still alive, but at some point in the near future, the mujahedeen will surely run out of patience. Just ask our government to talk. That’s all,” the article in question read. New York Daily News The British war photographer was captured in Syria along with James Foley in November 2012. Foley, an American war correspondent, was beheaded in August. The following month ISIS released a video of Cantlie criticizing American and British foreign policy, saying he’d been “abandoned” by his government.

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Time Inc. Staffers Reject Contract

time-inc-logo1The labor negotiations between Time Inc. and its staffers are not going well. More than 200 unionized Time Inc. employees have rejected Time Inc.’s “last, best and final” offer, according to the Newspaper Guild of New York.

In a rather bold statement, Bill O’Meara, president of the Guild, described some of Time Inc’s offer as “not only outrageous, but illegal.” The union claims that the contract would cut benefits and pay, as well as outsource 60 full-time jobs and 100 part-time jobs.

“Time Inc.’s proposal to hollow out its own company was voted down by its employees in a nearly unanimous vote because it is simply not acceptable,” said O’Meara. “Management wants the ability to send 160 editorial jobs overseas, which would be a massive blow to some of the nation’s most important and respected magazines. Many of Time Inc.’s proposals are not only outrageous, but illegal.”

Last month, Time Inc. stated that the union needed to recognize ”the new realities of the media industry, which has changed dramatically and continues to rapidly evolve.”

Morning Media Newsfeed: Nielsen Reveals Ratings Glitch | NBC Crew Quarantined

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Nielsen’s Ratings Problem Is A Total Glitch (LostRemote)
Nielsen Friday announced internal “ratings irregularities” that date back to March 2, 2014 and were “generally imperceptible until [the company] saw high viewing levels associated with fall season premiere week.” TVNewser The company will now reprocess all of the impacted data going back at least to Aug. 18 — for entertainment, news and syndicated shows. TVNewser The company Saturday released updated data for the week of Sept. 22, which was the first week of 2014-15 TV season. As suspected, the inaccurate data favored ABC programs while hurting ABC’s competitors. The restated numbers are being most closely watched for revisions to the primetime ratings as new fall shows had their premieres. In the tight evening news race, World News Tonight With David Muir, had its numbers revised down, but it didn’t change the outcome. Muir’s newscast still won the week in the demo, and NBC Nightly News With Brian Williams won among total viewers. HuffPost Nielsen, the leading global measurement company and provider of television ratings data, said in a press release Friday that “a technical error” resulted in incorrect data over the course of about seven months. WSJ The difference in what was misattributed was less than 0.05 of a ratings point for about 98 percent to 99 percent of broadcast and syndicated TV shows, Nielsen said. The error didn’t affect overall TV viewership numbers, only how that viewership was credited to particular networks. Cable TV ratings weren’t affected by the glitch, it said.

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