ALM Closes Four Regional Real Estate Titles

first_imgThe regional titles all published six times annually and carried an average circulation of about 11,000. As a result of the closings, Real Estate Forum will increase frequency from eight times annually to 10 and will expand its circ. to 42,000, beginning with its January issue.In September, ALM was split from its former parent Incisive Media by its private equity owner, Apax Partners, and a group of banks. As a result, Apax’s stake in ALM dropped from 71 percent to 51 percent while Royal Bank of Scotland was to acquire the remaining 49 percent in a debt-for-equity swap. The deal effectively cut ALM’s debt from $450 million to $300 million.More on this topic Incisive Media Eliminates 9 Jobs ALM Changes Name to Incisive Media Wasserstein Explores “Strategic Alternatives” for ALM (posted 3/21) Shaky Times at ALM ALM Debuts New Site Using Forbes Platform ALM Relaunches Better Buildings Brand with a National SupplementJust In Shanker Out, Litterick In as CEO of EnsembleIQ Editor & Publisher Magazine Sold to Digital Media Consultant PE Firm Acquires Majority Stake in Industry Dive TIME Names New Sales, Marketing Leads | People on the Move The Atlantic Names New Global Marketing Head | People on the Move Bonnier Corp. Terminates Editor-in-Chief for Ethics BreachPowered by American Lawyer Media’s Real Estate Media Group has folded its four regional magazines: Real Estate Florida, Real Estate New Jersey, Real Estate New York and Real Estate Southern California. The December issues will be their last.Instead, ALM will roll the editorial content from those magazines into two new sections of Real Estate Forum, the Real Estate group’s flagship title. The new sections will be called NewsFront and ForumLocal.ALM said it attributed the closings to poor economic conditions, reader feedback and market constraints. Twelve staffers were laid off as a result of the closings, representing more than a third of the overall Real Estate Media Group (which employed 35 workers before the cuts). ALM employs more than 800 people company-wide.last_img read more

New Vibe Finding its Rhythm

first_imgIt’s been about a year since Vibe magazine was relaunched by Uptown Media and private equity firm InterMedia Partners, which acquired the ailing music title in June 2009 after it was shut down by its former owner, the Wicks Group. Today, as the October/November issue hits newsstands this week, the magazine is striking a balance between returning to its roots while expanding the brand across platforms.“When we assumed control of Vibe last year, one of our first priorities was to let everyone know that the brand is still strong and just as urgent to its consumers as ever,” Uptown Media co-CEO Len Burnett, who helped launch Vibe in the early 1990s, tells FOLIO:. “We knew we needed to bring back the luster the book had lost over the years—not just the look and style but the edit content as well. Vibe became very hip-hop centered. It didn’t differentiate itself from a lot of the competition.”Before Vibe shut down in June 2009, the magazine saw its first quarter advertising pages plummet 42 percent, and it planned to cut its guaranteed rate base by 25 percent that July to 600,000 copies and to drop frequency to 10 times per year. When Burnett and his team at Uptown took over, they immediately got to work reconfiguring the print model. They brought in a new design director who gave the magazine a new look, one that Burnett says is more cohesive with the Web site. Initially, the plan was to publish quarterly, but not long after relaunching, Vibe went bi-monthly and currently carries a 300,000 rate base—about half what it had pre-acquisition. The magazine increased its trim size to 9” x 10-3/4” (the same size as sister title Uptown) and upped its paper stock to 45-pound matte. “The paper is heavier and absorbs ink nicely,” says Burnett. “That’s one of the first things consumers notice now. Color really pops off the page.” Burnett says advertising dollars out of the gate were slimmer than anticipated. “A lot of advertisers had already planned their budgets, or were excited about the relaunch but wanted to take a ‘wait and see’ approach,” he says. “We fought hard. Since then, many advertisers have carved out a few dollars for us.” Burnett declined to disclose specific sales figures but says the magazine has won back old advertisers as well as signed a few new ones, including Lexus, BMW and Mini Cooper. He says the magazine now is meeting its goal of about 40 ads per issue.Digital at the ForefrontWhen Uptown and InterMedia acquired Vibe, the groups said Vibe.com would be the “centerpiece of the new venture.” Since its relaunch, the site averages about 450,000 uniques per month. And the Vibe Lifestyle Network—which comprises partnerships with 12 to 15 publishers including AllHipHop.com, DJBooth.net as well as the recently relaunched Vibe Vixen site, to promote their sites under the Vibe banner and to leverage content and distribution—averages roughly 10 million uniques per month, or about double from the first quarter this year.Again, without disclosing specific figures, Burnett says Vibe.com and the Vibe Lifestyle Network has “played out well” and has benefitted nicely from integrated sales programs. The Vibe brand also is expanding with the launch of a magazine app with digital vendor Zinio later this fall, Burnett says, and an iPad app during the first quarter of 2011.In addition, Vibe is launching a DJ-mixer app next month that allows users to become their own DJ. “When you do these apps, you have to consider what’s going to make consumers come back to them on a regular basis,” says Burnett. “It should be cool, but not just cool for the moment. You need to come up with apps that have a purpose beyond just reading the magazine.”Into 2011, Vibe is looking at a digital radio business called Vibe Live as well as forays into TV and brand licensing. “It was heart-wrenching watching Vibe sputter like it did,” Burnett says. “It was a dream for me, for our investors, to expand the brand. Through its ups and downs, this is the brand that our consumer is still attached to, and finds important across any platform.”last_img read more

Officials Relaunch Effort to Add Mare Island to National Park System

first_imgThe city of Vallejo, Calif., and the Mare Island Historic Park Foundation have rekindled their bid to add the 161-year-old Mare Island Naval Shipyard to the national park system.Incorporation into the National Park Service would prevent the shipyard’s historic structures from falling into disrepair and keep shipyard artifacts from being scattered across the country, according to the foundation.The effort to integrate the historic sections of the shipyard, located in the northeastern portion of the San Francisco Bay area, into the park system began after the site was designated for closure in 1993, according to Dennis Kelly, a project manager for the foundation. In 2011, the National Park Service turned down such a request over concerns about the cost of repairs needed by the site’s historic resources and the ongoing cleanup, rather than its lack of suitability.A park service study of the proposal concluded that there are “no other sites that tell the story of the development of naval facilities on the West Coast over the period of history covered by Mare Island Naval Shipyard.”The park service previously had said preserving the shipyard’s historic resources should be one of the highest priorities in planning for the site’s reuse, Kelly said.Mare Island was established in 1854 as the first naval base on the West Coast. Its primary mission was to build, maintain, and repair Navy ships and submarines. More than 500 ships were built there before its closure in 1996.Incorporating Mare Island into the park system would support Vallejo’s effort to boost tourism by promoting its naval heritage. The foundation has preserved and maintained historical buildings at the shipyard, but the group is looking for the National Park Service to step in to provide additional resources, Kelly said.Lennar continues to redevelop Mare Island, a National Historic Landmark, according to a plan calling for 1,400 homes, 7 million square feet of commercial and industrial space, and recreational areas. Dan Cohen AUTHORlast_img read more

Netflixs canceled Marvel shows Disney may revive them after all

first_img4:51 Tags Since 2016, Netflix has been the first place to watch Disney’s movies with a subscription. That deal made Netflix the go-to place for the biggest US blockbusters of the last three years. The top two movies of 2017 and the top three movies of 2016 and 2018 were all from Disney. Netflix has been the place to binge them all. But Disney decided against renewing that Netflix deal as it plotted its own competitor. So starting with Disney’s 2019 slate of movies, all those films are destined for Disney+. But Netflix’s Marvel Defenders shows are complicated. Netflix has put out five original series based on Defenders’ characters in partnership in with Disney. This year, Netflix canceled three of them: Daredevil, Luke Cage and Iron Fist. But the terms of their original deal could restrict Disney+ from any revivals until 2020, according to a report. At the same time, Netflix still has subsequent seasons of other Defenders series — Jessica Jones and The Punisher — set to come out in 2019. So some of the Defenders gang is staying at Netflix for the time being. Marvel, like Star Wars’ Lucasfilm and Pixar, are part of Disney. They’ll all be packaged into the new streaming service. The service will also include its own exclusive originals. They’ll include a live-action, big-budget Star Wars TV series called The Mandalorian, being developed by Jon Favreau; a Star Wars Rogue One prequel TV series, starring Diego Luna, and a live-action Marvel series focused on Avengers character Loki, starring Tom Hiddleston. First published Dec. 18 at 10:16 a.m. PT. Update on Dec. 19 at 8:01 a.m. PT: Adds more context. CNET’s Holiday Gift Guide: The place to find the best tech gifts for 2018.Culture: Your hub for everything from film and television to music, comics, toys and sports. Share your voice Netflix canceled its original production of Marvel’s Daredevil last month.  Nicole Rivelli/Netflix Maybe Daredevil, Iron Fist and Luke Cage will live to fight another day. Kevin Mayer, the Disney executive in charge of the company’s planned Netflix-rival streaming service called Disney+, said he’d consider reviving the programs, according to an interview with The Hollywood Reporter. “We haven’t yet discussed that, but I would say that’s a possibility,” he said of resurrecting the canceled series he called “very high-quality shows.” Netflix declined to comment. Disney, which is taking over major parts of 21st Century Fox, is aiming to build a Hollywood fortress with the resources to battle deep-pocketed tech-media companies like Netflix. Disney’s plan to launch a competing streaming service has turned the company’s relationship with Netflix on its head. After this year, Disney will mostly disappear from Netflix.  Every Stan Lee Marvel movie cameo 27 Comments Marvel Disney Netflix TV and Movies Digital Media Now playing: Watch this:last_img read more

8 killed in road crashes in 3 districts

first_imgRoad accident illustration by Prothom AloAt least eight people were killed and 20 others injured in road accidents in Cox’s Bazar, Chandpur and Magura districts on Friday, reports UNB.In Cox’s Bazar, three people were killed and 10 others injured when a truck plunged into a ditch near Cox’s Bazar-Teknaf Marine Drive at Noakhalipara Kochchopia of Teknaf around 1:30pm.The identities of the deceased could not be known immediately, said Pradeep Kumar Das, officer-in-charge of Teknaf Police Station.Two other people, including a woman, were killed and eight others injured as a bus and a microbus collided head-on on Cox’s Bazar-Chattogram road in Khutakhali Medhakachchapia area around 1:00pm.Sub-inspector of Malumghat Highway Police Jasim Uddin said they seized the buses and the bodies were sent to Sadar Hospital for autopsy.The deceased are Raushon Ara, 42, wife of certain Khalilur Rahman of Uttar Phulchhari village of the upazila, and Sonak Paul, 27, son of Dipak Paul of Dulahazra area of the upazila.In Magura, a father and minor boy were killed and mother injured in a head-on collision at Ichakha at night.The deceased were Krishna Kumar Bashar, 32, and his son Samya Kumar Bashar, 5, of Laxmikandi village in Sadar upazila.The accident took place on Dhaka-Magura Highway when a speeding microbus collided with their motorcycle around 8:30pm, leaving them critically injured, said Sirajul Islam, officer-in-charge of Magura Sadar Police Station.On information, police took them to Magura Sadar Hospital where doctors declared the father and son dead, the OC said.In another accident, a motorcyclist was killed on the spot when his bike crashed into a human-hauler at Kanchanpur village of Sadar upazila.The deceased was identified as Sohagh Mollah, 25, son of Wahab Mollah of Chhaniarpara village in Shalikha upazila, police said.last_img read more