#Bonnie Fuller buys Hollywood Life from Penske Media

#Bonnie Fuller buys Hollywood Life from Penske Media

“#Bonnie Fuller buys Hollywood Life from Penske Media” Bonnie Fuller — once one of the hottest celebrities in publishing as she jumped from Hearst to Conde Nast to Wenner Media and American Media — is taking the plunge as entrepreneur. Fuller, labeled an “evil genius” by Gawker for pushing newsstand sales to crazy levels at…

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#The New Yorker’s editorial union workers stage walkout

#The New Yorker’s editorial union workers stage walkout

“#The New Yorker’s editorial union workers stage walkout” Roughly 100 staffers of The New Yorker magazine walked off their jobs on Thursday in protest of pay disparities. The walkout started at 6 a.m. Thursday and included copywriters, web production staff and other union employees. It’s scheduled to last until 6 a.m. Friday and didn’t include…

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#Digital-media coronavirus survivors’ urge to merge

#Digital-media coronavirus survivors’ urge to merge

“#Digital-media coronavirus survivors’ urge to merge” Digital-media companies that survived the pandemic are now rushing to join forces as they scramble to battle the tech giants for ad dollars.  The most recent example is a bit complex as it involves an esoteric — but wildly popular — financial vehicle known as a Special Purpose Acquisition…

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#Oops! Star and In Touch run advertorials as news

#Oops! Star and In Touch run advertorials as news

“#Oops! Star and In Touch run advertorials as news” Star magazine, which has gotten into trouble before for blurring the lines between advertising and journalism, has done it again.  The latest issues of Star and sister publication In Touch ran a full-page ad for cosmetics retailer Sephora that was designed to look like editorial copy…

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#WWD loses two top editors amid COVID pandemic woes

#WWD loses two top editors amid COVID pandemic woes

“#WWD loses two top editors amid COVID pandemic woes” Fashion “bible” Women’s Wear Daily continues to slim down even as its owner, Penske Media, beefs up via a $225 million merger with the publisher of The Hollywood Reporter. Two top editorial executives quietly departed the trade publication at the end of the year, including one…

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#Job cuts in media topped 30,000 in 2020

#Job cuts in media topped 30,000 in 2020

“#Job cuts in media topped 30,000 in 2020” The media industry was racked by a record 30,711 job cuts in 2020 — a stunning increase of 201 percent from the year earlier when 10,201 jobs were lost. The figures, which were rolled out Thursday by outplacement firm Challenger, Gray & Christmas, included jobs data from…

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