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Your Media WeekEnd: NBC Universal and Disney in Digital Media Proxy War, Conde Nast in Makeover Mode, A New CFO for Time Inc

A NEW CONDE NAST IS BEGINNING TO TAKE SHAPE
The reshaping of Conde Nast under CEO Bob Sauerberg continues as Mr. Sauerber announced today in a memo to staff that the company was combining its creative, research and copy teams across its publications.  
WAIT...SAY WHAT NOW?

"My bias is toward not spending a lot of time duplicating things that everybody else is doing"
-TIME INC VICE CHAIRMAN NORM PEARLSTINE ON HIS SECOND JOB AT MONEY.NET
WOVEN DIGITAL PINK SLIPPED ALMOST TWO DOZEN EMPLOYEES
Woven Digital which publishes sites like Uproxx, BroBilbe and others, laid off about 20 people following an 8% decline in network traffic and the acquisition of HitFix which the company said lead to some staff redundancies...

CANADIAN COMMS/MEDIA GIANT ROGERS REPLACED ITS CEO IN A SURPRISE MOVE
Rogers Communications shocked media/comms watchers when it announced this morning that its CEO Guy Laurence has stepped down and will be replaced by Joe Natale.  In the meantime Board chairman Alan Horn...

TIME INC'S TARGETED MEDIA DIVISION MADE SOME STAFF ADJUSTMENTS
It's not just within the mothership that changes are being made. Changes are happening within Time Inc divisions as well like MNI Targeted Media. MNI has elevated several key members of its national sales team...

TIME INC VICE CHAIR NORM PEARLSTINE TOOK ON A SIDE GIG WITH MONEY.NET
Time Inc Vice Chairman Norm Pearlstine has more energy than some men his age and even younger. The man has no stop in him. Mr. Pearlstine who recently stepped down as Chief Content Officer for Time Inc and slid into a Vice Chairman role, is taking on a new gig, this time with a startup.

SPEAKING OF TIME INC, THE COMPANY ANNOUNCED THAT ITS REPLACING CEO JEFF BAIRSTOW
Newly installed Time Inc CEO Rich Battista continues to put in place his dream team at the 93 year old publishing company. Mr. Battista is slowly dismantling the leadership team put together by former CEO Joe Ripp when he took over back in 2013 and putting in place individuals to help him accelerate the company's digital transformation.

IN AN EXPECTED MOVE, NEW YORK TIMES PUT ANOTHER SULZBERGER IN LINE TO TAKEOVER
The publisher role at the New York Times has never gone to an outsider. Meaning it has never gone to anyone outside of the Sulzberger family and the company is sticking to that tradition.

TIME INC UK IS KILLING THE PRINT EDITION OF INSTYLE
Time Inc UK is shutting down the print edition of InStyle magazine and taking a digital only route following an 18% collapse in circulation. The decision to kill the print edition

LISTEN TO VOX MEDIA BOSS JIM BANKOFF TALK ABOUT THE DIGITAL MEDIA REVOLUTION
The Vox Media juggernaut is reaching over 170 million monthly visitors. As he philosophically and practically discussed the craft of high quality storytelling and the harnessing of technology to make the latest from Vox Media accessible, it became obvious to us that in his own right, Bankoff is quite the raconteur. Simply put, as Bob Schieffer does so well, “Jim Bankoff has figured out a lot.”

BUZZFEED CEO JONAH PERETTI WENT THERE ON IVANKA TRUMP
While waiting around in an airport lounge in Burbank California, Buzzfeed CEO Jonah Peretti posted a tweet after reading on his website that Ivanka Trump addressed her father's lewd language...

BLOOMBERG MEDIA BOSS TOUTS Q3 PERFORMANCE
Our books for Q3 recently closed and I'm happy to share with you that revenue is continuing to grow. Bloomberg Media's total revenue year-to-date through September is up +8% compared to the same period last year. As I've said before, while many across the industry are lagging this year, this is something we should all be proud of.

WONDERING OUT LOUD: DID TIME INC QUIETLY KILL THESNUG.COM?
Back in January 2015 Time Inc launched TheSnug.com a decor and DIY site for "Millennials". The site has been a hub for all things interior decorating and DIY projects mostly sourced from other Time Inc publications and websites around the web.
AT&T AND TIMEWARNER TOGETHER?
AT&T is said to be in advanced talks to acquire Time Warner, a deal that would give the telecom company control of cable channel HBO, the CNN news network, film studio Warner Bros and other media assets. The deal. which could be announced as early as Monday, would be one of the largest in recent years in the sector as telecom companies look to combine content and distribution capabilities to match consumer demand for tailored offerings and online delivery.

VR CONTRACTOR JUST HIRED BY TWITTER GOT FIRED OVER DUMB ONLINE RANT
Greg Gopman claims he was fired by Twitter less than a day after news broke that the company had hired him to start working on virtual reality efforts. Gopman was embroiled in a 2013 scandal over offensive remarks he made about the homeless and the subsequent fallout. On Facebook, Gopman wrote: “Anddd I’m fired. Thanks TechCrunch.”

360 PHOTOS AND VIDEOS COMING TO FACEBOOK INSTANT ARTICLES
Facebook’s Instant Articles are about to get more interactive. The social network announced that these articles will now support 360 videos and photos — meaning, publishers can include 360 content in-line, which users can then navigate by turning their mobile device, or tapping and dragging.

VOX MEDIA IS WORKING ON A TV PROJECT
Vox Media has plans to bring one of its web video stars to television. The digital publisher is in advanced talks with a cable entertainment network for a TV special next year starring Liz Plank, who joined Vox.com earlier this year to launch comedic election web series “2016ish.” Plank, 29, is a regular presence on MSNBC and previously worked at millennial-geared publisher Mic.

AMAZON FOUNDER AND WASHINGTON POST OWNER JEFF BEZOS NOT SURE PUBLISHER PAYWALLS ARE THE WAY TO GO
Jeff Bezos, Amazon chief and owner of the Washington Post, isn’t sure that services like paywalls and tiered subscriptions can work for publishers. Despite running arguably the world’s biggest ecommerce company, asking consumers to pay for content isn’t a model that he’s totally sold on. “I don’t see evidence yet that consumers are amenable to those kinds of micro-payments.”

GANNET'S USA TODAY LAUNCHED A VR NEWS SHOW
USA Today Network debuted a first-of-its kind weekly virtual reality news show, inviting viewers to soar in 360-degrees at a hot-air balloon festival in New Mexico and to join high-liners above Arizona’s canyons. Called “VRtually There” and co-produced with YouTube, the show’s initial content is targeted towards action.
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Your Media WeekEnd: NBC Universal and Disney in Digital Media Proxy War, Conde Nast in Makeover Mode, A New CFO for Time Inc Reviewed by Editor on Saturday, October 22, 2016 Rating: 5
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