The Critical Elements of Online Media Companies A QA With Jim Bankoff

first_imgA week from today, Jim Bankoff, chairman and CEO of Vox Media, will take the stage at FOLIO:’s premiere annual conference: The MediaNext Show. As keynote speaker and head of one of the largest and fastest growing independent online media companies, Bankoff will connect the magazine publishing industry’s traditional identity with the new realities of a fast-paced, multimedia landscape.Here, FOLIO: catches up with Bankoff [pictured] to explore the critical elements of running an online media company and where the new disrupters lie for the digital content market.FOLIO: Describe, in the context of Vox, the core, most critical elements of an online media company—from the way you produce your content to the way it’s promoted and consumed by your audience. Jim Bankoff: The core, critical elements of an online media company are giving audiences quality content and quality advertising that they can consume and enjoy in any setting and on any platform. We believe we’re doing that across the board at Vox. As I noted in LinkedIn, “Web consumers and advertisers crave a higher value journalism and storytelling, and it’s our challenge as publishers and creators to meet that demand.Vox believes fulfilling this demand for quality at scale is an enormous business opportunity. We publish three flagship brands all of which are committed to reinventing quality storytelling and journalism in a manner that is native to the Web. SB Nation (and its 300+ sports communities), The Verge and Polygon are producing magazine-caliber content in sports, tech/culture and gaming on an everyday basis, around the clock—merging old fashioned principles like integrity, design, research and creativity with the new palette of digital media: multimedia, mobility, community and real-time updates. We have even developed our own technology platform, Chorus, to empower the voices of Web-native storytellers and their audiences and advertisers with cutting-edge tools for their craft.”We’ve built on great editorial content with a great design and development team and have embraced responsive design so that consuming Vox is always a satisfying experience no matter what platform you’re on.FOLIO: What are the key revenue trends you’re seeing in the online publishing market? And how are you positioning your brands accordingly for the year ahead?Bankoff: The online advertising market is experiencing two opposing trends: commoditization of inventory sold to direct marketers via programmatic exchanges and native advertising/custom integration bought by premium brand advertisers. Our business is squarely in the latter camp with marketers seeking a customized experience that fits their brand and their message. We’ve been doing that at Vox Media for several years, starting with our first property SB Nation where we have featured sponsored editorial content since 2006. FOLIO: Tactically, how are you driving community interaction and engagement with your brands?Bankoff: Our brands have always had loyal and engaged readers. In 2012 alone, we saw readers consume 820MM+ minutes of our content. They’re interested in our writing and reporting, but also our video content and the places we allow them to interact with each other like our forums, comment section, social pages and areas for user-generated content. The key to our success is our underlying proprietary media stack, called Chorus, which enables our creative teams, our audiences and our advertisers to engage with one another in the context of professional and user generated story telling. By being a technology-driven media company, we can iterate quickly and respond to the ever-evolving needs of brands and consumers.FOLIO: What are the new “disrupters” for the digital content market? What is compelling you to re-examine your operation?Bankoff: The new disrupter for the digital content market is the idea that there’s no such thing as a single homepage anymore. The days when media experiences were linked via big portals and their email screens is gone. We discover great content via social recommendations, expert curators, search algorithms and a variety of other sources. Consumers are grabbing content from all over, and it’s crucial that publishers be everywhere. At Vox we have social feeds, partnerships with other media organizations and presences on apps like Flipboard. We want to be everywhere consumers are.The MediaNext Show will be held January 8-10 in New York City at the Marriott Marquis. For more information on the show and to register click here.last_img read more

Ban on Maggi noodles makes Nestle India bottom line take 60 percent

first_imgHit by the ban on sales of Maggi brand noodles, Nestle India Ltd on Thursday reported 60 percent fall in its net profit and 32 percent fall in its net sales for the third quarter.The company follows calendar year as its financial year.In a media statement filed with BSE, Nestle India said its net profit for the third quarter ended September 30, 2015 was Rs.124.2 crore, down from Rs.311.3 crore for the same period the previous year.The company said it had posted a net sales of Rs.1,736.2 crore for the period under review down by 32 percent over 2014 figures.The ban on sales of Maggi noodles impacted the domestic and export sales.According to Suresh Narayanan, chairman and managing director, the company has restarted manufacturing noodles.After testing the products in three accredited laboratories and their clearance the noodles the company is keen on reintroducing the products in the market, he said.Narayanan said that during the quarter under review, the Bombay High Court had set aside the ban on Maggi noodles and ordered that the earlier batches be tested in three accredited laboratories.As per the test results, the lead content in the product is well below the permissible levels, he said.last_img read more

iPhones cosmetics recovered from 5 Biman crew

first_img.Customs intelligence officials recovered eight iPhones and some cosmetics from five cabin crew members of Biman Bangladesh Airlines at Hazrat Shahjalal International Airport on Tuesday, reports UNB.Based on secret information, a team of Customs Intelligence and Investigation Directorate (CIID) searched the bags of the five cabin crew – identified as Morzina Akhter Elin, Salma Sultana, Farzana Gazi, Moinuddin Adnan and Roman Sikder -soon after their flight arrived at the airport from Abu Dhabi.According to the baggage policy, a crew member could bring in up to $300 worth of goods, but these products were detained due to lack of proper buying documents.During preliminary interrogation, they revealed that they (cabin crew) were carrying the seized goods for one Tanim Raj, a local businessman, in exchange for money, said the director general of CIID Moinul Khan.Biman Bangladesh Airlines has been directed to take departmental action against the five crew members for breaching the rules to bring in the seized costly mobile phone sets and cosmetics, including perfumes, he said.last_img read more

Business Execs Who Stay in Asian Luxury Hotels Fall Prey to Cyber

first_imgNovember 10, 2014 3 min read Security researchers have uncovered a sophisticated industrial espionage campaign that targets business executives in luxury hotels across Asia once they sign on to computers using in-room wireless connections they consider private and secure.The attacks, which go well beyond typical cybercriminal operations, have claimed thousands of victims dating back to 2009 and continue to do so, Kaspersky Lab, the world’s largest private security firm, shows in a report published on Monday.Executives from the auto, outsourced manufacturing, cosmetic and chemical industries have been hit, the security firm said. Others targeted include military services and contractors.In 2012, the FBI issued a general warning to U.S. government officials, businessmen and academics, advising them to use caution when updating computer software via hotel Internet connections when traveling abroad.Kaspersky’s report goes further in detailing the scale, methods and precise targeting of these attacks on top business travelers.The movements of executives appear to be tracked as they travel, allowing attackers to pounce once a victim logs on to a hotel Wi-Fi network. Hackers cover their tracks by deleting these tools off hotel networks afterward.”These attackers are going after a very specific set of individuals who should be very aware of the value of their information and be taking strong measures to protect it,” said Kurt Baumgartner, principal security researcher for Kaspersky, the world’s largest privately held cybersecurity firm.Unsuspecting executives who submit their room number and surname while logging on to their hotel room’s wireless network are tricked into downloading an update to legitimate software such as Adobe Flash, Google Toolbar or Microsoft Messenger, Kaspersky said. Because attacks happen at sign-on, encrypted communications set up later offer no defense against attack.The same elite spying crew has used advanced keystroke-logging software and encryption-breaking at multiple hotel chains across Asia, it said.Kaspersky declined to name the executives involved or the luxury destinations targeted but said it had informed the hotels as well as law enforcement officials in affected locations.Ninety percent of the victims came from five countries — Japan, Taiwan, China, Russia and South Korea. Business travelers to Asia from Germany, Hong Kong, Ireland and the United States have also been duped, Baumgartner said.The Kaspersky report said a key mystery remains how attackers appear to know the precise travel itinerary of each victim, which points to a larger compromise of hotel business networks that researchers say they are continuing to probe.(Reporting By Eric Auchard; Editing by Clara Ferreira Marques) Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global This story originally appeared on Reuters Growing a business sometimes requires thinking outside the box. Register Now »last_img read more

Blast through the Blockchain hype with Packt and Humble Bundle

first_imgBlockchain and cryptocurrency have received significant attention from the press in the last few years. But it’s not always easy to get past the hype and find out what Blockchain means in practice – and how we can make it really matter. But April’s Humble Bundle from Packt is a small step in changing that. With 25 books and video courses on all things crypto – all 25 available for as little as $15 – it’s the perfect starting point for anyone interested in learning what’s possible with Blockchain – and actually building things with it. Find the bundle here. But while Humble Bundle and Packt are excited to help a new audience of engineers and crypto-enthusiasts, they’re also delighted to be supporting some incredible charities. The bundle’s chosen charity is Dress for Success, an organization that supports women worldwide with the resources and tools needed to achieve economic independence. For anyone new to Humble Bundle, the principle is simple: Pay What You Want across three tiers, each with a minimum of $1, $8, and $15. Customers can then choose how their money is split between publisher, Humble Bundle, and charities. So, between April 8 and April 22, the world can get its hands on a substantial stash of Blockchain and cryptocurrency resources. But what’s included in each tier? For as little as $1 customers can get their hands on… Blockchain By Example Ethereum Cookbook Learn Bitcoin and Blockchain Learn JavaScript: Build Your Own Blockchain Learning Blockchain Application Development For a minimum of $8, customers will get all of the above as well as… A Developer’s Guide to Blockchain, Bitcoin and Cryptocurrencies Blockchain for Business 2018: The New Industrial Revolution Ethereum Projects for Beginners Foundations of Blockchain Hands-On Bitcoin Programming with Python Hands-On IoT Solutions with Blockchain Hyperledger for Blockchain Applications Tokenomics And for a minimum of $15, readers will get all of the products in the tiers above, as well as… Blockchain across Oracle Blockchain Real World Projects Ethereum Projects Hands-On Blockchain for Python Developers Hands-On Blockchain with Hyperledger Hands-On Cybersecurity with Blockchain Learn Blockchain Programming with JavaScript Learn Python by Building a Blockchain and Cryptocurrency Mastering Blockchain Solidity Programming Essentials Truffle Quick Start Guide Blockchain Quick Reference To learn more, visit Humble Bundle here.last_img read more

Connect With Locals on Trafalgars NEW 2019 Europe Britain Program

first_img Trafalgar, a world leader in travel for over 72 years is excited for clients to ‘Connect With Locals’ with the launch of their 2019 Europe & Britain program. Canadians clients can now experience ‘The Good Life’ and discover the vibrant cultures across the continent and the fascinating people of these incredible place along with some “locals only” hidden gems.No matter which trips clients choose to explore, they will be introduced to the local people for a first-hand cultural immersion. From local artisans, family-run establishments or Trafalgar’s exclusive ‘Be My Guest’ dining experiences in local’s homes, guests will uncover the real, rich soul of Europe and Britain.Clients can truly connect with the areas and people they are visiting during the following ‘Connect With Locals’ trip highlights:Best of Switzerland During Trafalgar’s 9-day Best of Switzerland trip, clients will enjoy Swiss hospitality with local, Claudine Conne of Domaine Champ de Clos and her daughter on the vine-clad hills slopping down to Lake Geneva. They will share stories of the many years they have tended their vines, sample their harvested wines that are never exported and produced only for locals and get to taste iconic Swiss cheeses and cured meats that have been handmade directly from farm to table. Irish Highlights Throughout Trafalgar’s 7-day Irish Highlights adventure, clients will have the incredible experience of meeting Catherine Fulvio of Glenealy Farmhouse, a local Irish cooking icon and discover her three-generation historic family home. She has written four cookbooks, won Cookbook of the Year in Ireland, and made three cooking series, along with cooking on NBC’s Today Show in the USA. They will enjoy her culinary expertise as they devour some of her traditional Irish fare ending in a slow baked apple and carrot cake signature dessert.Scenic Scandinavia and its FjordsEmbarking on Trafalgar’s 14-day Scenic Scandinavia and its Fjords guided holiday, clients can enjoy the Øvre-Eide family on their livestock farm in Bergen, Norway dating back to the 1500s. They will enjoy a guided walking tour of the farm, learning about their farming region and farm’s history, before enjoying a delicious meal of typical Norwegian cuisine.For more information on Trafalgar’s ‘Connect With Locals’ experiences, please contact your local Sales Manager or visit Trafalgar.com/en-ca and follow us on Facebook, Instagram and, Twitter. Posted by Tags: Trafalgar, Trafalgar Spotlight ‘Connect With Locals’ on Trafalgar’s NEW 2019 Europe & Britain Program Sharecenter_img Saturday, October 6, 2018 Travelweek Group << Previous PostNext Post >>last_img read more