Bauer Media shutters two men’s titles, FHM and ZOO, claiming readers moved to mobile, social
Morning Brief: Pandora will acquire the technology and talent of the streaming service Rdio for $75 million in cash, contingent on that company filing for bankruptcy protection
Two lad magazines will be shuttered by Bauer Media, the company announced today. FHM and ZOO will be “suspended” as the company said its audience has shifted from the print magazines to mobile and social media.
“I greatly appreciate Damien McSorley’s leadership and the dedication and effort from both teams,” Publisher Gareth Cherriman said in the announcement. “I would like to thank our advertisers and retailers who have supported the brands and I’m sure that everyone who has worked on FHM and ZOO over the years will be sorry to hear this news.”
Both titles has seen their paid circulation plummet this year, both down over 15 percent in ABC reports, but even far more from the title’s heyday. Launch in 1985 as For Him Magazine, the magazine went from a quarterly to a monthly in 1994 and changed its name to FHM. ZOO was launched in 2004 as what the publisher called “a cheeky tone covering girls, sport, music, film and technology.”
Both magazines had replica edition apps.
Folio reported yesterday that magazine publisher Rodale was shutdown Rodale Grow, its custom content group. The group was run by Duncan Milne, who joined Rodale in 2005 from John Brown Publishing. Nelson Peña leads the editorial side of the agency as Vice President, Editorial Director.
Folio is reporting that six positions were eliminated, though as of now the group’s website remains up and says nothing of the move.
Pandora said it will be acquiring the assets of the competing streaming music service Rdio for $75 million in cash. The deal is contingent upon Rdio seeking protection in the United States Bankruptcy Court for the Northern District of California. Pandora stressed that it is not being the operating business but is acquiring the technology and talent of Rdio.
“The Rdio team built an acclaimed product and technology platform that has consistently led innovation in the young streaming industry,” said Anthony Bay, chief executive officer of Rdio. “I’m pleased that many members of the Rdio team will continue to shape the future of streaming music, applying our tradition of great design and innovative engineering on an even larger stage with Pandora.”
Just last month Pandora announced that it would be buying the live events technology company Ticketfly.
The attacks in Paris have been quickly used by Republican governors to show their racist chops, announcing that they would not allow Syrian refugees to enter their states. The announcements are purely political as states do not set immigration policy.
During the primary season we have seen each Republican candidate, with the possible exception of John Kasich, talk of building a wall between the US and Mexico, and even Canada. But even Kasich yesterday went all in on the idea that the US should not allow any Syrian refugees to reach US shores.
Now Rupert Murdoch as weighed in on the subject, showing that the Australian born media mogul never studied up on the US Constitution when he applied for US citizenship,
Obama facing enormous opposition in accepting refugees. Maybe make special exception for proven Christians.
— Rupert Murdoch (@rupertmurdoch) November 16, 2015
Yes, there is no question about it, the US government is letting in some who are trying to undermine our values, and destroy our sense of what it means to be an American. And all so that they can own US media assets.