Through the first three months ended March 31, the Reader’s Digest Association reported an operating loss of $27.1 million, down considerably from a $499.3 million loss during the same three-month period the prior year. Revenues declined 10.2 percent to $413.9 million, the company says.
Articles by Jason Fell
MSN has entered into a partnership with Rodale Inc. for which the publisher’s magazine content will be repurposed online at a new MSN-branded health and wellness site which is expected to launch this fall.
Amidst reports that new owner e5 Global Media is looking to transition The Hollywood Reporter from a weekday trade paper into a glossy weekly, the company announced Wednesday that it has named former Us Weekly editor Janice Min as editorial director.
Former Fortune magazine editors and writers David Kirkpatrick, Peter Petre and Brent Schlender have banded together to form Techonomy, a new media business they say aims to convince leaders from all sectors that technological and social invention is central for organizations.
One month after entering into a letter of intent to purchase Indianapolis-based regional magazine publisher and radio broadcaster Emmis Corporation, chairman and CEO Jeff Smulyan has signed a definitive agreement to legally merge the company with his firm JS Acquisition and take it private.
Journalist-focused social network and news aggregator Publish2 is launching the Publish2 News Exchange, a project aimed at challenging the Associated Press.
The exhibition industry continued to decline through the first quarter of 2010 but the losses slowed considerably compared to the fourth quarter last year. Through the first three months, the overall industry declined 4 percent versus to the same period in 2009, according to the latest report from the Center for Exhibition Industry Research.
A content producer—whether a magazine editor or a network producer—would like to believe that the content they create can be distributed to consumers without input or intrusion from the advertising side of the business.
OK! magazine has named Stephen Gregory Barr as publisher, replacing Lori Burgess, who left the magazine last month to serve as publisher at The Hollywood Reporter. Previously, Barr served as associate publisher of sales and marketing at VIV Magazine.
Nearly two years after selling the company to U.K.-based Guardian News, Rafat Ali Friday said he is stepping down as founder and editor of ContentNext Media Inc., publisher of digital media news site paidContent.org.