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June 2014

30 June 2014

Asset International Acquired by Genstar Capital

Asset International, a b-to-b media company serving the financial planning and information market, has been acquired by San Francisco-based private equity firm Genstar Capital. Asset International, which publishes flagship brands Plansponsor and Planadvisor, was formed at the end of 2008 by CEO Jim Casella with backing from Austin Ventures. 

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26 June 2014

Expanding Off of Print

Even with the persistence of news on brands shutting down their print magazines in favor of a digital-only model, there are some market segments where print still forms the bedrock of a publisher's strategy. The enthusiast market is one of those and in a keynote at FOLIO:'s recent Growth Summit, Active Interest Media chairman and CEO Skip Zimbalist shared elements of his company's print-centric growth strategy. 
The company, which publishes Yoga Journal, Backpacker, Sail and Climbing, among others, maintains that a strong print platform is the only way to support and launch related digital and event spin-offs.

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23 June 2014

FLEMING, MACKETHAN, SHERBOW ELECTED TO PBAA BOARD OF DIRECTORS

The annual PBAA member meeting was held on June 11, 2014 at the Retail Marketplace Conference in Virginia. At that time, the results of the election for three board seats were announced by PBAA Associate Director Jose Cancio and Lisa Scott, Executive Director. Allison Fleming (Hearst Magazines), John MacKethan (National Geographic) and Bruce Sherbow (Penny Publications) were elected to the board for 2 year terms 2014 - 2016. PBAA President Jay Annis congratulated them all on their election and looked forward to working with Fleming and MacKethan, who are new to the board this year. Annis stated “…as I am sure you know we are trying to elevate the relevance of PBAA within the industry, a goal which I think would benefit the entire newsstand channel. I’m sure you will be great resources as we strive towards achieving that goal.” Continuing their terms as PBAA board members are Dave Alleger (Clark Distribution Systems, Inc.), Bob Bedor (Time Inc. Retail), and Will Michalopoulos (Hearst Magazines). Jay Annis (The Taunton Press) continues his term as PBAA President and maintains his seat on the board. Additional PBAA officers and board chair will be appointed by the board at their July meeting. The PBAA staff and board wish to thank our outgoing board members Irwin Billman and Rich Alleger, who have selflessly devoted years to our association and the greater newsstand industry. They will continue their relationships with PBAA in a board-advisory capacity. In particular, Billman has served as an executive of PBAA for several decades and has been instrumental in its development and growth as “the voice of the newsstand industry.”

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16 June 2014

Crimean Superstar Prosecutor 'Nyash-Myash' Goes Pop

The Crimean prosecutor who became an Internet sensation in March is expanding her career into showbiz, serving as a judge for Russia's answer to the Eurovision pop contest, media reported.

Natalia Poklonskaya will sit on the alternative jury of the Five Stars song competition, Unn.com.ua news website said late Monday, citing Crimea's Information and Mass Communications Ministry.

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11 June 2014

Russia’s Vkontakte CEO says social networks to become mass media

The advantage and peculiarity of Russian social networks is rooted in services linked to professional content consumption, as compared to US social platforms Twitter and Facebook.

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10 June 2014

‘Best in Class’: RT.com wins prestigious Interactive Media Award

he RT website has grabbed one of the most prestigious awards in the online industry, outperforming 36 other competitors and winning “The Best in Class” nomination in the News Website category of the contest set by the Interactive Media Awards.

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09 June 2014

Search Engine Yandex Shows Allegiance With Moscow Listing

Shares in Russian internet search engine Yandex will begin trading in Moscow on Wednesday in a move that will please the Kremlin and could shield the Nasdaq-listed company from any tightening of Ukraine-related sanctions against Russia. Russian President Vladimir Putin has led a drive to promote the Moscow Exchange and woo Russian companies that have chosen to float on foreign stock markets such as London and New York to widen their shareholder base and boost valuations.

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06 June 2014

TWITTER BUYS NATIVE AD STARTUP NAMO MEDIA TO COMPLEMENT ITS MOBILE AD EXCHANGE MOPUB

Twitter announced Thursday it has acquired native advertising startup Namo Media to complement MoPub, the mobile ad exchange it purchased last fall.

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05 June 2014

High Casualties in Kremlin's Information War

Information wars do not employ the use of machine guns or cannons, but they still have victims. After Russian state media began its campaign against Ukraine, it became clear that independent online publications and blogs would number among the casualties.

Now, a few months after the war began, a body count is available.

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04 June 2014

Time Inc. Drops Source Interlink's Wholesaler Services

In advance of its spinoff from Time Warner, Time Inc. has terminated its business with Source Interlink Distribution, its second largest wholesaler. According to a regulatory filing, the decision was made due to $7 million in uncollectible receivables owed to Time Inc. that will be recorded as bad debt in 2Q 2014.


Source Interlink distributed Time Inc.'s titles to retailers in the U.S. and sales of these magazines represented about 2 percent of the company's total 2013 revenues—about $70 million.

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