Martha Stewart Living Omnimedia announced poor third-quarter earnings Friday morning, which did not come as a surprise following the layoffs and magazine closures the company announced Thursday afternoon. Publishing and broadcasting revenues fell significantly, with a bright spot in the merchandising segment. Read more at paidContent »
Facing declining advertising pages and the need to emphasize digital as audiences turn away from print, Martha Stewart Living Omnimedia announced it will stop selling “Everyday Food” as a standalone monthly magazine and will sell off “Whole Living.” It is also laying off 70 employees. Read more at paidContent »
How timely: right as we seem to be reopening the debate over whether or not the iPad is a consumption or creation tool, Martha Stewart, the high priestess of crafty creativity, debuts a brand new iPad app called CraftStudio. Read more »
paidContent 2012: At the Crossroads is today at The TimesCenter in New York. Hundreds of media, entertainment, info and tech execs will be there in person to talk about the best ways to make content pay. You can join us via our livestream. Read more at paidContent »
Some “strategic” investments and partnerships leave you scratching your head looking for the rationale — and questioning the viability of a… Read more at paidContent »
If you’re reading this on Thanksgiving morning, then you probably already know what’s happening with your turkey this year. But if you’re slightly behind, or you just want to see what happens when the pyrotechnically-inclined experiment with deep fryers, this post is for you. Read more »
Callaway Digital Arts says it isn’t just another app maker; it calls what it does “convergent media publishing.” It may take some getting used to, but it was enough to nab a $6 million investment from Kleiner Perkins’ iFund and a number of other VCs. Read more »
