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New York Observer Kills Print, Disney a Takeover Target For Apple?, Demand Media Rebrands…

TEEN VOGUE CUTS BACK ON PRINT, BEEFING UP DIGITAL
Conde Nast continues to make changes where the upper echelons of the the company believe its needed. The latest focus is on TeenVogue which is being scaled back to just 4 print issues a year. 
WAIT...SAY WHAT NOW?

"I think when we are designing new print products or if someone young takes over a preexisting magazine, you have to toss out some of the institutional memory of the way a magazine is constructed"
-GQ STYLE EDITOR WILL WELCH ON TOSSING OUT  SOME TRADITIONS OF PRINT MAGAZINES
TWITTER IS COMBING THROUGH MULTIPLE OFFERS FOR ITS SHUTTERED VINE APP
Vine, the six second video clip app that birthed some of today's biggest social media stars may be old news for Twitter but for other companies, it's a potential gold mine. Since Twitter announced that it was shutting down the the app...

TIME INC'S NUMBER TWO JEN WONG AND OTHER MEDIA BIGS NAMED TO ADWEEK'S 'INDISPENSABLE' LIST
Adweek is out with their '50 Most Indispensable Executives in Marketing, Media and Tech' and the list includes some of the usual suspects. But it also includes others like Time Inc COO Jen Wong, Bloomberg Media's Global chief revenue officer, Keith Grossman, Joanna Coles, Chief content officer at Hearst Magazines...

DISNEY BOSS BOB IGER IS STILL BIG ON ESPN
Disney CEO Bob Iger says the entertainment giant is going through a transition period, predicting modest growth in its next fiscal year, with more robust growth ahead. But in the meantime, ESPN must continue to deal with a declining number of subscribers. In the face of persistent concerns about ESPN, Iger defended the business, saying when accounting for the tough comparisons, “it was a very strong quarter of a phenomenal year.”

TIME INC BRINGS IN VOGUE'S JESSIE HEYMAN TO JOIN INSTYLE
Laura Brown who took the helm at Time Inc's InStyle as Editor in Chief two months ago, is still in the process of building her editorial team. A month ago she installed Ruthie Friedlander as site director and today she announced that she's bringing in Vogue's Deputy Culture Editor Jessie Heyman

GQ STYLE EDITOR IN CHIEF WILL WELCH, A "DIGITAL NATIVE" IS BULLISH ON PRINT
Will Welch, the editor of Conde Nast's GQ Style Magazine, has been in his current role for just under year. He moved into the role of Editor in Chief of GQ Style after the title was spun off with an increased frequency. Today the 35 year old Welch, a "digital native" is dreaming in print and doing things that be believes can only be done successfully in print.

THE WALL STREET JOURNAL LAUNCHED A VR APP
We wanted to push the boundaries of what was possible with VR, while remaining faithful to what makes The Wall Street Journal truly distinctive: outstanding financial and business journalism,” said Himesh Patel, Dow Jones’ creative director, in a statement. “Our app brings to the forefront the daily drama of the markets, told with live data and 360-degree video.

VIACOM AND CBS WOULD BE FINE TOGETHER OR APART
Shari Redstone, a controlling shareholder of Viacom and CBS, never wanted to separate the two media companies 10 years ago, she said. “I was never a great proponent of the split of the two companies.” While Redstone said she supports a re-merger, she added that both companies “can stand on their own and can be great.”

TWITTER'S COO IS LEAVING THE COMPANY
For many months, Twitter has been trying to reshape itself as a growing social media service. That attempt now includes reshaping the company’s top ranks. On Wednesday, Twitter said that Adam Bain, its chief operating officer, plans to leave the company. Mr. Bain was well liked by Wall Street for building up and running Twitter’s once fast-growing advertising business.

DISNEY, A TAKEOVER TARGET FOR APPLE?
Disney  is being held back from its full potential by ESPN and may consider spinning off the sports broadcast network, Liberty Media chief John Malone told CNBC on Thursday. Malone speculated that Apple might become interested in taking over Disney if the latter were to separate itself from ESPN. “Fundamentally, Tim Cook is a global player, and fundamentally, ESPN is a domestic service.”

SNAPCHAT'S NEW EYEWEAR GOES ON SALE
Snap’s Spectacles had a spectacular debut Thursday, with hundreds of people lining up at their first Snapbot pop-up vending machine location in Venice Beach, Calif. “They’re a blast,” said one early buyer of the clip-capturing eyewear. ” I actually think this is going to get me to use Snapchat more.”

TRONC'S CHAIRMAN BUYS UP MORE SHARES
Tronc chief Michael Ferro’s investment group began buying up more shares of the Chicago-based publisher last week after the demise of a deal with Gannett cut the stock’s price. Ferro’s Merrick Venture Management spent about $11.3 million to buy just over 1 million shares last week at prices ranging from $10.09 and $11.68 a share.

VERIZON MAY PULL OUT OF YAHOO DEAL
Verizon might rescind its $4.8 billion offer to buy Yahoo, in part because of the damage resulting from the colossal hack of Yahoo customers, the technology company said. Yahoo also revealed that it’s “facing investigations” by governmental agencies over the hack — and these could result in “potential fines.”

DEMAND MEDIA IS NOW THE LEAF GROUP
Demand Media is now Leaf Group. The company will begin trading its stock on the NYSE as “LFGR.” Once deemed a “content farm,” Leaf Group is now trying to transform its business and separate itself from that association. Leaf Group said it will take down “duplicative articles” and decrease its reliance on SEO and Google.

VIACOM'S LATEST INTERIM CEO SAID MTV AND PARAMOUNT STUDIOS ARE ON HIS PRIORITY LIST
Viacom’s acting CEO designate Bob Bakish on Wednesday spoke on his first earnings conference call since being tapped from his role as head of Viacom International Media Networks and outlined some of his thinking, including sharing that MTV, Comedy Central and Paramount Pictures will be key focus areas for him.
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New York Observer Kills Print, Disney a Takeover Target For Apple?, Demand Media Rebrands… Reviewed by Editor on 11:59 AM Rating: 5
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