The Media Minute 08.07.2018

Today, we’re excited to announce an additional $4.5 million investment in programs that support news publishers.

Publishers — especially commerce-focused publishers — can’t beat Google, Amazon and Facebook. They’re just too big, too powerful, and all-pervasive. To be successful, digital publishers need to augment the experiences that start and end with Google, Amazon, or Facebook. It’s time to stop competing and start complementing.

Condé Nast, the company behind Vogue, Vanity Fair, and The New Yorker, became one of the world’s most successful magazine publishers with a formula built on a heady mix of old-world glamour and all-American pizazz.

For the first time in its 45-year history, Dennis Publishing has been sold. The London-based publisher of The Week and Mental Floss, among numerous others, has been acquired by British private equity firm Exponent, both parties announced Tuesday.

Apple’s subscription business is already big, but it’s about to get even bigger. Apple has sold more than 300 million subscriptions to its own and others’ apps, an increase of more than 60 percent in the past year alone, Apple CEO Tim Cook said during the company’s latest earnings call on July 31.

Recently, many online publishers woke up to welcome news, with vast jumps in the size of their estimated audiences. For example, Australia’s Daily Mail more than doubled its audience in the space of two months.

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