Industry Notes | No, Condé Nast Isn’t Offering Discounted Pay to Freelancers
Slate taps a new CRO, Hanley Wood reveals a pair of expansions, and more news from around the industry...
Condé clears the air.
Condé Nast unintentionally drew the ire of media Twitter yesterday following a Fashionista report that the publisher was apparently offering a new "accelerated" payment plan for freelancers with a slight caveat — discounted pay.
As it turns out, the accelerated payment option applies only to corporate vendors, not independent freelancers; a Condé Nast spokesman confirms to Folio: that the company's policy of paying its freelance writers, photographers, and creatives their full agreed-upon rates within 30 days remains unchanged.
Condé Nast CFO David Geithner further cleared the air this morning with the following memo:
I wanted to take a moment to clarify and expand on a website communication to our vendors yesterday (which included our community of independent contractors/contributors) that has caused some confusion.
In an effort to provide added convenience for enterprise corporate vendors who are on a 90-day payment plan, we are introducing a flexible option that includes a modest fee for accelerated payment. We are not changing payment terms of existing contracts, except to provide those vendors with a new benefit.
This new practice does not apply to our independent contractors/contributors; our policy is to pay them within 30 days from invoice date or pursuant to any agreed upon terms, or as otherwise required by law.
In case you missed it, it was Folio:'s great pleasure last week to announce the 2017 class of Top Women in Media, our fourth annual list of female visionaries, mentors, and rising stars who have made a significant impact on their companies and helped push the print and digital publishing business forward.
Today we highlight one honoree in the Director-Level Doers category: Lucy Kaylin, editor-in-chief of Hearst's O, The Oprah Magazine. Since taking over as top editor in 2013, Kaylin's energy has brought the 17-year-old magazine to new heights — in both audience and influence — producing a monthly book that connects with women of all backgrounds on levels both intellectual and emotional. In just four years under Kaylin's leadership, O has been honored with numerous industry accolades, including a 2015 Ellie Award for Personal Service for this feature on caring for aging parents.
Former Time Inc. exec Charlie Kammerer, who survived numerous rounds of revenue-side cuts at the magazine giant before ultimately being let go in January, has landed as Slate, which named him its new chief revenue officer.
Kammerer's arrival comes about four months after the departure of former Slate president Keith Hernandez, who was brought in from Buzzfeed in 2015 to help stabilize the 20-year-old digital magazine's financial situation.
That experiment evidently failed to pan out, with Slate chairman Jacob Weisberg telling the Post's Keith Kelly in late November, “Keith Hernandez is leaving Slate and we’re interviewing for a chief revenue officer." Hernandez has since joined Bleacher Report as SVP of brand strategy.
Kammerer comes in after spending more than two decades at Time Inc., where he arrived in the mid-1990s as an account exec for Time magazine. Kammerer eventually rose to president of the lifestyle, news, and sports group — overseeing revenue for Time, Sports Illustrated, Fortune, and Real Simple, among others — before leaving the company in mid-January.
A major focus for Kammerer will be growing and further leveraging the company's upstart branded content arm, Slate Group Studios, according to a statement.
From the job board…
New this week: Massachusetts-based fishing magazine On the Water seeks a circulation and senior marketing director, responsible for managing the print and digital brand's circulation strategy and developing new marketing programs and partnership opportunities. Five-plus years' experience in magazine circulation desired.
Hanley Wood announces a pair of data-focused expansions.
Hanley Wood announced the launch of a new online content platform, Construct-DataHub, aimed at creating a shared ecosystem across the company's various construction-industry brands.
Another offering intended to connect buyers and sellers in the commercial and residential construction space, the company says the new platform allows users to search through a database of projects, firms, and professionals, and brings new opportunities to Hanley Wood's partners by bringing togther disparate audience segments.
“Construct-DataHub builds on Hanley Wood’s data framework by syndicating information across our digital network creating the most robust toolset on the web for the construction industry," said CEO Peter Goldstone in a statement.
Additionally, Hanley Wood's market intelligence subsidiary, Metrostudy, acquired Texas-based Templeton Demographics, a data and consulting firm that helps school districts forecast future enrollment and zone students accordingly. The acquisition comes after a decade-long partnership between the two firms, according to Hanley Wood.
"In our collaborative partnership with Metrostudy, we have admired their data quality and coverage for many years," said Templeton founder Bob Templeton, who will continue to lead the firm. "This acquisition will provide a platform for us to accelerate our expansion and to better serve our existing customers with Metrostudy's vast array of data and consulting products and services."