New owner Jay Penske is shutting down Variety magazine’s daily print edition and removing the paywall around the century-old tabloid’s online content. But will these radical moves help the paper survive against more nimble rivals? Read more »
Whoever ends up buying Variety will have to make up for “a decade of deferred maintenance” after they’ve coughed up $40 million or more, said a media executive who recently kicked the tires on the venerable trade pub’s sales book. Read more »
Evercore, which has handled fire-sale transactions of devalued print brands including BusinessWeek and Newsweek, is showing Variety‘s sales book to 11 prospective bidders this week. Once the sale is complete, parent Reed Business Information will have completely exited the U.S. magazine business. Read more »
Magazines aren’t just about editorial anymore. Case in point, the parent of Hollywood-focused trade mag Variety has acquired TVtracker, an… Read more »
Variety followed up Sunday’s Academy Awards with a different batch of envelopes, handing out pink slips to eight editorial staffers — inclu… Read more »
Last week, a Leading Voices column of ours on the Hollywood trades and online competitors, by guest writer Ken Sonenclar, generated some dis… Read more »
Ken Sonenclar is a Managing Director at DeSilva + Phillips, LLC, a New York investment bank specializing in media.
After decades with less… Read more »
Variety.com, the website of Variety and owned by Reed Business, is repeating history and hoping it turns out better this time. It has announ… Read more »
Appointment-based TV viewing is on the wane, with more people choosing to spend a weekend catching up on a month Read more »
Online ad spending and M&A forecasts are a dime-a-dozen Read more »
With TV award show ratings and ad dollars on the wane, media and production companies are turning to the Web to help boost views and revenue… Read more »
Less than a year after it started, Variety is shutting down its social networking and job listing site, The Biz, to focus exclusively on the… Read more »
Variety has changed its senior management team, promoting four of its executives. Neil Stiles has given up the title of publisher and appoin… Read more »
Another round of jobs cuts at Reed Business Information — 7 percent across the board, according to multiple reports — and many of these co… Read more »
The bloodbath in media continues, and this time, at the West Coast entertainment trades. We have learned that Hollywood Reporter has done a… Read more »
