The software-as-a-service platform may grow into a $100 million business that would bolster the company's bottom line.
The editorial voice was feisty and gossipy. It first published on newsprint, later switching to an ad-heavy glossy that typically featured a smiling celebrity on the cover.
Digital workers at 'Time' aren't covered under the existing union contract, a distinction outdated in today's media environment.
Once Julia Angwin was fired as editor in chief of 'The Markup,' a startup covering tech, five seven editorial staffers quit in protest.
The controversy started when a photographer pitched a fashion editorial she shot with a single black model to run in 'Glamour Hungary.'
CEO Bryan Goldberg looks for media properties that can help amortize the company's investments in technology and infrastructure, while keeping costs in line.
American Media Inc.'s sale of the National Enquirer for $100 million to James Cohen, CEO of Hudson News, should be positive for the tabloid.
U.S. advertisers will boost spending on native display ads by 25% this year to $43.9 billion, eMarketer estimates. Native advertising, the fancy term for "advertorials," will grow to 63% of digital display ad spending this year.
The sports magazine best known for its swimsuit issue has been on the block since last year. It's seen a steady decline in readership and advertising as audiences shifted their reading habits to digital.
Given new CEO Roger Lynch's background as a banker, expect him to seek more job cuts and operational efficiencies before preparing the company for a sale.