Time Inc. is trying to sell Coastal Living, Sunset and Golf magazines, CEO Rich Battista confirmed yesterday, ending weeks of speculation.
Businsess Insider obtained what looks like an internal form letter that the company is using to let staffers know that their publications are up for sale.
To read more about the memo, click here.
In other news:
TheSkimm has hired a digital advertising veteran to help the media startup court Madison Avenue.The newsletter startup has named digital advertising veteran Brandon Berger chief business officer, with the aim of helping the company expand its business beyond its daily newsletter.
Facebook’s main source of revenue is slowing down, but that isn’t spooking investors yet.News Feed ads will slow down meaningfully going into the second quarter of 2017.
Snap’s top lawyer has stepped down less than 6 months after IPO.Chris Handman, is leaving the company but will continue to serve the company as an advisor.
Coca-Cola is killing Coke Zero and replacing it with a new drink.It is being replaced by a beverage with a different recipe, design, and name: Coke Zero Sugar.
Ben and Jerry’s faces boycott threats after a new study uncovers a major ingredient in weedkillers in ice cream.The Organic Consumers Association (OCA) found glyphosate, the main ingredient in weedkillers like Roundup, in 10 out of 11 samples of the company’s ice cream flavors, the New York Times reported on Tuesday.
Nielsen is now including Hulu nd YouTube in Its TV ratings, the Wall Street Journal reported. The measurement firm is modernizing metrics as digital consumption ramps up.