The first overseas edition of Martha Stewart Wedding launches in the Philippines in September, as a joint venture with Summit Media. Summit Media, a Manila-based media conglomerate, represents more than 23 titles, including the Philippine editions of Cosmopolitan, Marie Claire, Seventeen, FHM and Good Housekeeping. Women’s Wear Daily (July 2, 2008)
Condé Nast plans to launch a UK version of Wired magazine and its accompanying website sometime in the first half of next year. David Rowan, who will be the lead editor of the title, is very excited about the launch and had this to say: “When I got approached by the best magazine publisher in [...]
According to four energy analysts, gas prices could be cut in half, to around $2 a gallon, if Congress passes a law to limit speculation in energy-futures markets. They went on to say that the price cut would take effect within 30 days of the law being passed. MarketWatch (June 23, 2008)
The July issue of Italian Vogue will feature only black models and is photographed entirely by world renowned photographer Steven Meisel. In this reversal of the normal pattern of fashion magazines, the models are all black and the topics all relate to black women in the arts and entertainment. NY Times (June 19, 2008)
At an investment conference in New York yesterday, Hershey Co. ceo David West outlined the confectioner’s plans to take on the bohemoth that we arise from the combination of Mars Inc. and the Wm. Wrigley Co. in the coming months. Some observers think that reinvigorated marketing may not be enough, and that Hershey’s scant international [...]
China’s General Administration of Press and Publications has banned the June issue of Time Out Beijing. Editor Tom Pattinson said that the reason for the ban was because the magazine was missing a printing permit, but also acknowledged the suspicious timing of the ban, only 2 months before the Summer Olympic Games. Folio (June [...]
Paid for online news is not only possible but is also a credible business model says Nikesh Arora, the vice president of Google UK. He says that despite the large amounts of news content available online, if the right unique content is created, the market can achieve a level of monetization. While [...]
Metro Group, a Germany grocer, has opened its second store featuring the lastest high-tech in-store shopping applications. The Real Future Store is outfitted with a Mobile Shopping Assistant that allows consumers to use mobile phones to find products and scan purchases while shopping. In the meat department, products receive RFID smart chips and are placed [...]
Manhattan Media has recently acquired Latin Media Management, which includes Latin Trade Magazine and the Bravo Business Awards. To go along with this acquisition, Manhattan Media has formed Miami Media, a subsidiary that will oversee these newly acquired magazines and put an emphasis on future business with Latin America, the Caribbean, and southern Florida. [...]
Media group Roularta NV said its joint venture with Groupe Bayard, a French publishing company, will soon purchase 21 German magazine titles. This joint venture will increase Roularta and Bayard’s stake from 50 percent to 100 percent in the Lenz and Frau im Leben magazines. They will also acquire Living & More’s publications [...]