The World Soy Foundation Thanks All Who Joined in the May Activities

first_imgThroughout May, the World Soy Foundation (WSF) was busy with a variety of activities—but they couldn’t have pulled them off without the help and support of so many of you. The first activity was the WSF fundraiser for the new project “The Youth We Feed Can Lead.” With your help, as well as an anonymous donor’s matching funds, the WSF was able to raise more than $850 to fund a project that will help encourage youth to be agents of change—empowering, educating and nourishing communities in Guatemala. The WSF thanks those who joined in making this project possible. The WSF is excited to share more updates with you as the project unfolds in the coming months! To learn more about this “The Youth We Feed Can Lead” check out this informational video HERE.The WSF also thanks those who joined in the Twitter Q&A on #WorldHungerDay. The Q&A titled “International School Feeding: Soy as a Hunger Solution” addressed topics such as government involvement in school feeding, soy as a benefit for diets and much more. To check out the entire summary of the discussion, visit the WSF website and look for the link in the left column on the homepage.BIG THANK YOU to all WSF supporters—you are helping to continue furthering the mission of reducing malnutrition around the world through the power of soy! For the month of June, be sure to check the WSF out on Facebook, Twitter (@TheWSF) and YouTube to see some great stories and stay up-to-date!last_img read more

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ASA and ISA Team Up to Deliver Inaugural Biotech Roundtable

first_imgASA Illinois Director Ron Moore and CEO Steve Censky, along with President Ray Gaesser of Iowa spoke with more than 100 farmers, researchers, leaders of agricultural organizations and federal officials yesterday in Washington, in a discussion of the worldwide benefits of agricultural biotechnology.The first-ever D.C. Biotechnology Roundtable, presented jointly by the Illinois Soybean Association and ASA, focused on a discussion of the acceleration of government approval of biotech seed for soybeans and other crops.Moore took part in a three-farmer panel on on-farm biotech use in the soybean, wheat and corn. Also on the panel were representatives from the National Corn Growers Association and the National Association of Wheat Growers.Censky joined Michael Hawkins of the Embassy of Canada in Washington to discuss the approach to biotechnology issues from like-minded countries including the U.S. and Canada, and stressed the strong cooperation of our two countries in this effort.In addition, Ambassador Darci Vetter, chief agricultural negotiator for the U.S. Trade Representative delivered the keynote address, and other regulatory speakers included EPA’s Dan Kenny, USDA-APHIS’ Michael Firko, U. S. Department of Agriculture, and Jack Bobo, U.S. Department of State. Additional speakers included David Zilberman, University of California-Berkeley, Jim Sutter, U.S. Soybean Export Council, MAIZALL’s Floyd Gaibler and Gary Martin of the North American Grain Exporters Association.  Firko talked about the progress USDA is making in clearing the backlog of approval of new biotechnology designed to help crops withstand pests, disease and harsh climate and to use crop nutrients more efficiently.Zilberman said that approvals for new biotechnology traits for soybean seed can take 10-15 years, pushing costs as high as $160 million to commercialize new biotechnology.Robert Paarlberg, renowned author and advisor to numerous food and agricultural organizations worldwide, reiterated the proven safety of biotechnology. A professor of political science at Wellesley College and public policy at Harvard University’s Weatherhead Center for International Affairs, Paarlberg observed that opposition to biotechnology comes from environmental and anti-globalization groups in more affluent countries, particularly the European Union. He said the current state of worldwide regulation deprives people of food by preventing use of biotechnology by farmers in poorer countries who are growing food crops such as wheat, rice and potatoes, and making the technology available only to farmers in affluent countries, such as the United States, who raise biotech crops, such as soybeans and corn for livestock feed.While hosted by ISA and ASA, the meeting was sponsored by DuPont Pioneer, Monsanto, the New York Corn & Soybean Association, U.S. Soybean Export Council, FLM+, Indiana Soybean Alliance, National Association of Wheat Growers, Indiana Corn Marketing Council, National Corn Growers Association, Dow AgroSciences and Ohio Soybean Council.last_img read more

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The World Soy Foundation Releases 2014 Fall Update

first_imgThe World Soy Foundation (WSF) released the 2014 Fall Update this week. These program updates, typically provided bi-annually, outline some of the exciting work that WSF is doing around the world.This most recent update includes stories from Honduras, Guatemala and some big news stories happening for WSF. Did you know the WSF expanded program areas? Have you heard about the success of our “Youth We Feed Can Lead” project? This newsletter is jam packed with these stories and more about how your support is changing lives by reducing malnutrition through the power of soy!You may also note the change to the list of our Board of Trustees, particularly the Executive Committee list, as well as some new videos to check out on the WSF YouTube page!Do you want to be one of the many people to receive this newsletter, along with other important WSF updates, right to your email inbox and be one of the first people to see these stories and videos? Be sure to sign up HERE and get on our mailing list!last_img read more

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John Laird To revitalize your love of Clark County try traveling

first_imgThree long trips in five weeks implanted powerful reminders that Clark County is the best place in the world. I often wonder if the grumpiest people around here are the folks who don’t travel much. When you hunker down in your comfort zone, you lose a point of reference. Slowly, the nest becomes not so comfortable, and complaints come too easily. Traveling allows comparisons.After each of the first two trips (six days in Dallas in mid-May, then three days in El Paso in early June), I could not return home quickly enough. On the PDX approach of the late-night flight from Dallas, I suppose not every passenger knew or cared that Mount Hood was passing by in dark secrecy to the left of our plane. But through hands tightly cupped on the window, I beheld an unprecedented sight: the faint vision of the snow-capped peak trying in vain to sneak by undetected. Such magnificence at midnight!The unrestrained joy of returning from these trips confirms that I am nearing the completion of my rehab as a recovering Texan. After 9 1/2 years, I declare myself an Official Northwesterner, free of the demon that stalked me for five-plus decades. Granted, I’ll always be recovering, never fully cleansed. The temptation to fall off the wagon will linger. And I’ll suffer occasional relapses, probably waking up in some gutter in Dallas or El Paso, acting and sounding like a Texan. But just one gully-washing thunderstorm in Big D, or one sniff of New Mexico wildfire smoke wafting into West Texas, will coax me back toward recovery.Warning: Tolls ahead!The third trip (three days in Boulder, Colo., last weekend) reminded me that different places sometimes aren’t so different. Like some people here, Coloradoans are racked by the modern affliction known as Toll Derangement Syndrome. They’re several years ahead of us, but they seem just as bitterly divided in debating whether drivers should suffer the indignity of having to pay to drive.last_img read more

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Portland man injured in rearend accident on I5 near SR 14

first_imgA Portland man was injured after a rear-end accident on Interstate 5 near state Highway 14 Thursday morning.Heather Grinnell, 25, of Vancouver was driving a 1993 Chevrolet Lumina south on Interstate 5 about 10:30 a.m. when her car crashed into a 2005 Toyota Camry driven by Abibu Bangura, 65, of Portland near the Highway 14 transition onto I-5, according to Washington State Patrol.Bangura was transported to an area hospital.Grinnell was cited for speeding, according to the patrol.last_img

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Legacy Salmon Creek to host Healthy Kids Fair

first_imgLegacy Salmon Creek Medical Center will host its annual free Healthy Kids Fair from 10 a.m. to 2 p.m. Saturday at 2211 N.E. 139th St., Vancouver. Participants are asked to bring nonperishable food for Share. Legacy Trauma Nurses Talk Tough will sell and fit bike helmets for $6. Legacy Child Passenger Safety Program will check seats to make sure they’re properly installed. Old car seats can be brought to the fair for recycling. The Salmon Creek Farmers Market will have several vendors on site offering local produce, and many of the hospital’s departments will offer activities and information.last_img

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Battle Ground woman arrested after crash

first_imgA Battle Ground woman was arrested Monday morning after she reportedly rolled a sedan north of Dollar Corner.Demi Bolger, 22, was arrested on suspicion of reckless driving and driving with a suspended license, according to Clark County sheriff’s Sgt. Duncan Hoss.She was behind the wheel of a Honda Accord traveling south on Northeast 72nd Avenue. She was reportedly driving erratically and clipped a pickup.Her car ran off the roadway, hit a ditch and flipped, said Tim Dawdy, battalion chief with Clark County Fire & Rescue. The crash was reported minutes before 8 a.m.Paramedics responded and helped Bolger extricate herself from the wreck, he said.She refused medical attention, Dawdy said, and was taken into custody.last_img

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Overseas leakage not to blame for Macaus VIP revenue slowdown Morgan Stanley

first_img Sihanoukville authorities threaten legal action against 10 building owners over demolition orders Strong VIP growth sees Okada Manila GGR climb 72% in August 70% of Macau gaming market driven by 400,000 premium players: brokerage Concerns over the loss of VIP business from Macau to increasingly attractive regional destinations are unfounded, according to analysts from investment bank Morgan Stanley, who believe the SAR’s VIP sector will stage a recovery in the second half of 2019.In a note examining Macau gaming as it relates to surrounding ASEAN nations, Morgan Stanley equity analyst Praveen Choudhary addressed the growing relevance of properties in locations such as Cambodia, the Philippines, Singapore and Australia, many of which offer much lower VIP gaming tax “which helps in casinos’ ability to pay higher commissions to junkets.” Load More RelatedPosts Combined with the fact that the quality of many IRs has also improved significantly in recent years, the result has been more higher end VIP customers moving abroad – with Cambodia’s NagaWorld now raking in around 6.1% of the VIP volume of Macau compared with just 1.5% in 2015.But Choudhary says the impression that Cambodia and the Philippines are taking share from Macau isn’t entirely accurate.“If we add Singapore, Australia and Saipan, we realize that the percentage of VIP revenue from regions (other than Macau) has remained fairly stable at around 30% of the total VIP revenue in Macau,” he explains.“Thus, one can not blame overseas leakage for recent Macau VIP revenue growth slowdown. On top of this, the majority of VIP gaming revenue in the Philippines is proxy betting, which is not allowed in Macau and thus it is not a result of cannibalization.“We conclude that Macau VIP revenue could remain resilient despite leakage to ASEAN countries and should recover in 2H19.”Choudhary added that some Chinese liquidity indicators have started turning around in recent months which, given his analysis that such indicators lead Macau VIP revenue growth by around six months, should result in VIP recovery being visible by 3Q19.last_img read more

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Belle Corp subsidiary extends equipment lease deal in wake of Duterte lifting

first_imgPacific Online Systems Corporation, a subsidiary of Melco Resorts’ Philippines partner Belle Corp, says it has extended the term of its Equipment Lease Agreement with the Philippine Charity Sweepstakes Office (PCSO) for 12 months from 1 August 2019.The extension is described by Pacific Online as a stop-gap measure to ensure the unhampered lotto operations of PCSO while it completes the bidding process for a new PCSO Lottery System. Load More 181 Chinese nationals arrested in dispute over POGO accreditation status Philippines rejects China’s call to ban online gambling China gives Philippines iGaming reprieve but POGOs not safe yet RelatedPosts Those plans were temporarily thrown into disarray last week when Philippines President Rodrigo Duterte suddenly shut down all gaming operations of the PCSO – amounting to more than 21,000 outlets nation-wide – alleging widespread corruption within its ranks. He subsequently lifted the ban on lotto operations, which account for almost 5,200 outlets.Only days before Duterte’s initial ban, Belle Corp had revealed a 49% decline in Pacific Online’s revenues in the six months to 30 June 2019 to Php559 million (US$10.9 million) due to competition from the Small Town Lottery.last_img read more

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Impression launches table tennis coaching programme

first_imgDigital marketing agency Impression has launched a table tennis coaching programme for its 30 Nottingham-based employees.The table tennis coaching programme, which was introduced in October 2017, forms part of the organisation’s employee wellbeing strategy, which emphasises that sustaining a healthy work-life balance and taking regular breaks during the day is essential in forming an effective working environment. The coaching programme has therefore been designed to encourage employees to take breaks during the day by partaking in table tennis games, as well as to build a friendly rivalry between employees that helps staff maintain a competitive attitude that they can bring to their work.Employees who are experienced players lead the training sessions, which gives five employees the chance to receive training during each quarterly coaching semester. The structured coaching programme begins at entry level and offers skills training on areas such as serves, backhands and rallies. Bespoke and ad-hoc lessons can be arranged if an employee wishes to improve a particular skill.The coaching programme is running alongside Impression’s in-house table tennis league, which started on 15 September 2017. The league currently has 18 active members, and is half-way through its first season.Impression also offers its staff benefits such as a beer fridge and table football.Edd Wilson (pictured), account manager and table tennis head coach at Impression, said: “Since we’ve launched the first semester, it’s been a real honour seeing the members of the team progress through the programme with the dedicated support from the more experienced players. We know that [employees] putting themselves under excess levels of work are less likely to work well within a team, as the pressure can mean less clarity of creative thought. The programme has therefore nurtured a collaborative environment within the team, as well [as] providing the coaches with many new skills in mentoring that directly lend themselves to business management.”last_img read more

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CIPD reports a 149 mean gender pay gap

first_imgThe Chartered Institute of Personnel and Development (CIPD) has reported a mean gender pay gap of 14.9% and a median gender pay gap of 10.8% as at 5 April 2017.The CIPD has reported its gender pay gap data in line with the government’s gender pay gap reporting regulations and ahead of the private sector submission deadline of 4 April 2018.The gender pay gap reporting regulations require organisations with 250 or more employees to publish the difference between both the mean and median hourly rate of pay for male and female full-time employees; the difference between both the mean bonus pay and median bonus pay for male and female employees; the proportions of male and female employees who were awarded bonus pay; and the proportions of male and female full-time employees in the lower, lower middle, upper middle and upper quartile pay bands.The CIPD’s mean gender pay gap for bonuses paid in the year to 5 April 2017 was 16% and the median gender pay gap for bonuses was 17.6%. Over this period, 87% of women received a bonus compared to 85% of men.The CIPD reported that 69% of its 332 employees are women, and there are more women than men at every level of the business. It reported that 53% of female employees are in the lower and lower middle pay quartiles, compared to 55% of male employees in the upper middle and upper pay quartiles.The organisation will focus on three key areas to reduce the gender pay gap: introducing gender pay gap analysis into management processes to evaluate annual pay rises, tackling the gender imbalance by exploring ways to attract more men in to the business, and actively championing flexibility for all of its staff, include flexible-working arrangements, which are an important part of the organisation’s culture.Peter Cheese (pictured), chief executive at the CIPD, said: “Real progress on workplace fairness and inclusion will come when organisations more consistently gather and act on their workforce data and insights. We welcome the opportunity to explore and publish our gender pay gap in line with the new reporting requirements as part of our journey as an employer, and in support of our wider work on workplace inclusion.“The analysis of our data confirms that the CIPD pays men and women equally for doing equivalent work. Our gender pay gap exists largely because we have a greater number of women in the workforce with a higher proportion in our lower-level roles.”“We already have a good balance of men and women in the more senior roles, but we will continue to support and encourage women into higher levels of responsibility while also looking at how we can continue to monitor the gender balance across our organisation. We are more committed to reducing our own gender pay gap while continuing to advocate, fairer, more inclusive workplaces in the wider world of work.”last_img read more

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Boater hospitalized after crash off Miami Beach

first_imgMIAMI BEACH, FLA. (WSVN) – A boating accident sent one person to the hospital, Sunday afternoon.Miami-Dade Fire Rescue responded to the scene of the crash in an offshore area east of 85th Street and Collins Avenue, at around 12:30 p.m.Authorities said a raceboat flipped over after hitting a wave, sending the boater flying into the water.A fire boat transferred the victim to a Miami-Dade Air Rescue chopper that airlifted him to Jackson Memorial Hospital in unknown condition.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img

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Teen found shot in leg after cop responds to speeding SUV

first_imgSUNNY ISLES BEACH, FLA. (WSVN) – A teen was taken to the hospital after a police officer responding to a speeding SUV in Sunny Isles Beach found him with a gunshot injury, Friday night.According to Sunny Isles Beach Police, the law enforcer found the teen shot in the leg in the garage of a high-rise along the 19300 block of Collins Avenue, just before 7:15 p.m.The officer had seen a beige, older model Ford Explorer traveling at a high rate of speed, but when the car was located, everyone had fled.In addition to the shooting victim, police found two other occupants who were taken into custody. A fourth person remains at large.It remains unknown whether the shooting was an accident or a criminal act.If you have any information on the missing subject’s whereabouts, call Miami-Dade Crime Stoppers at 305-471-TIPS. Remember, you can always remain anonymous, and you may be eligible for a $1,000 rewardCopyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

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Doc Bs Fresh Kitchen opens shop in Fort Lauderdale

first_imgOne of the specialties is Tennessee Hot Chicken. Covered in a Cajun buttermilk marinade and dredged in seasoned flour, it hits the deep fryer for a few minutes. Then it’s topped with a honey-habanero sauce and served with cole slaw and some cornbread croutons.If you’re looking for some Chicago-based chow, check these out…Dustin Durrenberger: “Our corned beef sandwich, which is super popular; the corned beef from the corned beef factory out of Chicago. Our gelato cookie sandwiches, and we’re the only place outside of Chicago where you can get them anywhere.”Polenta fries with two different sauces. Guacamole with sweet potato chips. Build-it-yourself wok bowls. Double-decker chocolate cake. Choosing from all these temptations can cause you to work up a mean thirst.Doc’s has you covered there, too.Dustin Durrenberger: “We’re fresh, right? Doc B’s Fresh Kitchen, so we use that in our cocktails. We use fresh juices, whether it’s our beet juice used in ‘Beetlejuice.’”The folks at Doc B’s Fresh Kitchen hope to see you soon — and often… The doctor will see you now — if you’re looking to cure your appetite. Doc B’s Fresh Kitchen is open in the 954, and the Chicago-based restaurant is bringing along some of the Second City’s tastiest treats.Doc B’s Fresh Kitchen has blown into Fort Lauderdale straight from the Windy City. This Chicago mainstay fits right in to the SoFlo scene.Dustin Durrenberger, manager, Doc B’s Fresh Kitchen: “You know, it’s sleek, sexy. It’s clean. When you walk in, you’re just like, ‘Wow, this place is very modern and beautiful,’ right?”The open kitchen is a big part of Doc’s visual appeal.Dustin Durrenberger: “When you can’t see what’s going on in the kitchen, you’re wondering what’s going on back there. We wanted to show you. We wanted to put ourselves on stage. Our food is essentially the star of the show.”The place not only looks good. What’s put on the plate will please the palate.Dustin Durrenberger: “It’s a little bit of everything for everybody. Sandwiches, salads, burgers, very special entrées.” Dustin Durrenberger: “‘Cause the food and the atmosphere and everything is very approachable.”Customer: “Best place in town!”FOR MORE INFO:Doc B’s Fresh Kitchen452 N. Federal Hwy.Fort Lauderdale, FL 33301(754) 900-2401https://docbsfreshkitchen.com/Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

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MiamiDade commissioner recovering from heart attack

first_imgThank you to everyone for their well wish for my Father @JoeMartinez4026 https://t.co/0Aubnx1grD— Analeen Martinez (@Amartinez622) May 5, 2017Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. MIAMI (WSVN) – A South Florida politician is recovering from a heart attack, early Friday morning.The Miami Herald reported that Miami-Dade Commissioner Joe Martinez is now stable after suffering a heart attack.His daughter, Analeen Martinez, has since told reporters that the commissioners is, “good and talking.”She also posted a thank you on social media for those supporting her family.last_img

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2 hurt after truck overturns on US 27 in Pembroke Pines

first_imgPEMBROKE PINES, FLA. (WSVN) – Two people have been taken to the hospital after a waste removal truck overturned on U.S. 27 in Pembroke Pines, Tuesday.The truck was heading southbound on U.S. 27 when it collided with a Volkswagen sedan. The truck driver, who is in his 60s, was airlifted to the hospital with a head injury. The driver of the Volkswagen was transported by ground with injuries that were not life-threatening.Pembroke Pines Police and Fire Rescue, along with Davie Police and Fire Rescue responded to the scene.Officials closed the southbound lanes of U.S. 27 at Griffin Road until the scene was eventually cleared.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img

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Should Magazines Like Maxim Have Movie Ratings

first_imgIf the U.K.—which tends to be more lenient when it comes to sex—is considering ratings for magazines, it may only be a matter of time before U.S. lawmakers try to force a similar system on American publishers. (I asked the Magazine Publishers of America for comment. I’ll post it here when they respond.)Outside of the stigma that already comes with slapping an adult rating on their magazines, another issue for publishers like Alpha Media and Complex could be the sub-par newsstand placement that goes along with being out of reach of children, which may hurt the many already-suffering titles. “We need to have age-related information put on the front of all lads’ magazines,” According to Curtis-Thomas said. “I do not want to censor this material, but we must do something about the display of these titles.” Get your popcorn ready.Britain’s MP Claire Curtis-Thomas is demanding that lad magazines be forced to carry cinema-style age ratings. Her Top Shelf report cites titles like Maxim, which are, she said, “little more than pornography and should be classified as such.”The reason for the guidelines now, said Curtis-Thomas, is that many U.K. retailers are displaying lad magazines at the average height of a nine-year-old boy. The ratings system will indicate those magazines that should be displayed on the top shelf, out of reach (and sight) of children.last_img read more

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Jimmy Kimmel Channels Infamous Jon Stewart MPA Appearance at Upfront Event for

first_img“If Jimmy Kimmel still has a job at ABC on Wednesday,” the New York Times wrote, “he is either a very lucky or very deft comedian, or he has great blackmail photos of the network executives.”“Everything you’re going to hear this week is [bullshit],” said Kimmel. “Let’s get real here. Let’s get Dr. Phil-real here. These new fall shows? We’re going to cancel about 90 percent of them. Maybe more.“Every year we lie to you and every year you come back for more,” he continued. “You don’t need an upfront. You need therapy. We completely lie to you, and then you pass those lies onto your clients.”Kimmel added: “I think all our shows are going to work this year. I really do … I don’t, really. The important thing to remember is, who cares? It’s not your money.”Déjà View The scene reminded me of another event staged for advertisers in which a comedian, hired to entertain, took a hard left turn into a Friar’s Club roast territory.The comedian, you may recall, was Daily Show host Jon Stewart, who was hired by the MPA for a reported $150,000 to host an Advertising Week event in 2005. Instead, he delivered a blistering rant on the magazine industry in front of a roomful of gasping advertisers and shocked magazine executives.It started innocently enough. “Do the men on the cover always have to be—what’s the word—glistening?” Stewart asked Men’s Health editor Dave Zinczenko. “I enjoy health, yet when I read the magazine, I don’t know whether to go to the doctor or rub my nipples.”Stewart turned to Jim Kelly, Time magazine’s editor at the time: “Time magazine has been a tradition in America, yet…what’s happened? One federal prosecutor says ‘let me see your notes’ and immediately everyone pulls their underwear over their heads and hands it over—Not only that … Newsweek breaks the story.”Soon, though, it devolved into an attack on print’s relevance in the 24-hour news culture.”The way news is driven today is not through print,” Stewart said. “I don’t consider print media as relevant,” adding that his infamous appearance on CNN’s Crossfire that year wouldn’t have had the same impact in print. “I wouldn’t have walked into a newspaper or magazine and gotten angry, because they’re not the ones driving the discourse.” RELATED VIDEO: Kimmel’s Upfront Presentation A few years back, the Magazine Publishers of America organized a rally during television’s “Upfront Week”—the annual glitzy gathering of network executives and media buyers where fall programming lineups are unveiled by their on-screen stars—staging a peaceful protest outside of the Upfronts wearing goofy t-shirts. The stunt was part of the MPA’s three-year, $40 million advertising campaign touting the power of the print medium—and to remind potential ad buyers heading into the network’s pitch that magazines  are here too!Perhaps the MPA should’ve hired Jimmy Kimmel. Kimmel, comedian and the host of ABC’s Jimmy Kimmel Live, spoke to advertisers during his network’s presentation, and promptly eviscerated Jay Leno, the business of Upfronts—and ABC itself.last_img read more

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ABM Sees Revenue Fall But Some Former Members Return

first_imgThe annual report says ABM events were profitable in fiscal 2010, contributing $160,000 to the bottom line, with ABM’s Spring Meeting generating $210,970, up from $195,625 in fiscal 2009. American Business Media reported total revenue of $3.2 million for fiscal 2010 (ended June 30), down 41.8 percent from total revenue of $5.5 million in 2009. Membership dues drove much of the decline, falling from $3.4 million last year to just over $2 million this year.However, the association says several former members returned to the fold over the past year, including Bloomberg, Cygnus, Quadrant HealthCom, DTN/The Progressive Farmer and SourceMedia.The annual report says that ABM finished “near its breakeven budget for 2010.” Operating income was about $90,000 before unbudgeted transition costs related to the departure of former CEO Gordon Hughes, and the search for a new CEO (ABM named Clark Pettit president and CEO in July). ABM says it saw a net gain of $109,000.Expenses for member services dropped 41 percent from $3.4 million in fiscal 2010 to $2 million this year, while marketing spending dropped from $1.3 million last year to $333,785 in fiscal 2010. Spending on Washington representation grew 5 percent to $376,411, driven in part by the battle over the Postal Service’s attempt to raise rates for 2011. last_img read more

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Time Inc Announces Layoffs Restructuring

first_imgDramatic changes continue for Time Inc. as it prepares for an IPO in the second quarter of this year.In an internal memo this morning, CEO Joe Ripp announced that the company is cutting jobs and eliminating its current brand grouping structure. The changes also come with a shakeup to its executive leadership team.”We need to dissolve the complex matrixed organization created several years ago, remove layers that slow us down and free up investment dollars to deploy in growth areas,” he says. Time Inc. wouldn’t say how many of its 7,800 employees would be affected, though the NY Post reports as many as 500 staffers could be laid off (similar to the number that were let go in last year’s layoffs); AdAge put the number lower. News will be delivered “as early as today.”Ripp specifies that “a number of redundant positions” within the recently-acquired American Express Publishing Group will be eliminated however as the group is fully integrated into Time Inc. Earlier this week, Skift reported that one of those titles, Executive Travel, is being shut down.Among several executive changes, the Amex group’s CEO, Ed Kelly, will be leaving next month, Ripp says. David Geithner, EVP and group president of the Style & Entertainment Group, is also out.Group RestructuringGeithner’s dismissal is seemingly tied to a restructuring of the company’s portfolio.The three operating clusters—Style & Entertainment, Lifestyle and News & Sports—are being combined into a single group under the leadership of Evelyn Webster and Todd Larsen. Webster and Larsen had previously headed the Lifestyle and News & Sports groups, respectively. Properties under Geithner’s management will be split between them, with People—accounting for nearly 20 percent of the company’s total revenue—falling under Larsen’s purview.See also: What’s Really Changed at Time Inc.? “A single Time Inc. portfolio will give us more operational flexibility, speed decision-making and spur the development of new cross-brand products and revenue streams to help stabilize and grow our top-line revenues,” Ripp says.Mark Ford was also named EVP of advertising sales as part of the changes, a promotion from his position as EVP and president of the company’s sports group. Ford will oversee Time Inc.’s branded solutions, content solutions and targeted media divisions.Ripp also confirmed an earlier report from Bloomberg that the company was looking into leaving the Time & Life building.”We’re exploring our real estate options,” he says.Read the full memo below: February 4, 2014To: Time Inc. ColleaguesFrom: Joe RippRe: Moving ForwardSince I returned to Time Inc. in September, we have made a lot of progress. We have built a seasoned executive team that has been working with many of you on ways we can stabilize revenues and redirect our spending for the future. We are launching initiatives to grow our digital scale and revenue, to generate new revenue streams and to enhance our core print business. We have a direction and I am confident we will be positioned to succeed when we become a stand-alone public company.Part of positioning ourselves for transformation means we must also make some substantive and sometimes painful changes to the way we operate and approach our business. We need to dissolve the complex matrixed organization created several years ago, remove layers that slow us down and free up investment dollars to deploy in growth areas.Today, we are beginning a restructuring process that will move us in the right direction by: eliminating our three brand operating clusters; streamlining decision-making across the entire organization; and completing the integration of American Express Publishing.With the dissolution of our clusters, our U.S. brands will be consolidated into a single portfolio under two executives, Evelyn Webster and Todd Larsen, who will work in partnership to manage our assets. A single Time Inc. portfolio will give us more operational flexibility, speed decision-making and spur the development of new cross-brand products and revenue streams to help stabilize and grow our top-line revenues. David Geithner will be leaving the company with the implementation of the new structure. I want to thank him for his 21 years of service to Time Inc. and his contributions to so many of our brands including PEOPLE, Entertainment Weekly and InStyle. His business acumen and focus on growth has helped position these brands for continued market success.Since we have an extensive collection of brands, Evelyn and Todd will each supervise a number of them while collaborating across the business. Evelyn will manage All You, Black Ink, Cooking Light, Coastal Living, Departures, Essence, Food & Wine, Health, InStyle, People StyleWatch, People en Español, Real Simple, Southern Living, Sunset, This Old House, Travel + Leisure, and IPC. Todd will manage PEOPLE, Entertainment Weekly, TIME, SPORTS ILLUSTRATED, FORTUNE, CNNMoney, Money, Golf, SI for Kids, TIME for Kids and GEx in Mexico.Evelyn and Todd both have deep operational experience. Evelyn served as CEO of IPC in London before moving to New York to run the Lifestyle titles. Todd served as President of Dow Jones and The Wall Street Journal before joining Time Inc. They will work closely with the entire executive team to make sure we’re optimizing our business.I am also happy to share that Mark Ford will be joining my executive team as Executive Vice President of Advertising Sales. He is an outstanding sales leader who is highly respected in the advertising community. In his new role, Mark will oversee our corporate Branded Solutions team, Time Inc. Content Solutions and MNI Targeted Media. He will also collaborate with publishers and the broader sales organization to develop new advertising offerings for our clients. As we look for ways to better leverage our data, Mark will also work with our new Chief Technology Officer and the new Chief Data Officer we are currently recruiting, to enhance our data products. In addition, he will lead the development of our approach to new forms of advertising and ensure the Time Inc. voice is more prominent in the marketplace.As part of our efforts to reengineer the business, a number of our colleagues from around the entire company will be leaving Time Inc. We will begin conversations with those affected as early as today and we are committed to treating them with respect and supporting them through this process.As we move to integrate the brands of American Express Publishing into our portfolio, we will be eliminating a number of redundant positions and moving the team into the Time & Life Building. I want to take the opportunity to recognize Ed Kelly, who has had an incredible run as CEO of American Express Publishing for 25 years. He will be leaving us next month and we wish him all the best.It is always difficult when we see colleagues leaving the company. Unfortunately, as we have been doing over the last several years, we must continue to right-size the organization consistent with our current revenues. We will constantly readjust and recalibrate as we build our future. As I have frequently said in conversations with many of you, we can continue the recent pattern of annual layoffs for years to come or we can get ahead of and then reverse this trend by developing the investment capital and the ideas to restore our business. We’ve done a lot of work over the past five months to ensure we are spending every dollar we earn on areas that are either necessary to support the current business or to invest in our future. We will be undertaking projects in the near term to drive greater operational efficiencies and we’re exploring our real estate options to find a workspace that allows us to operate more efficiently with a greater sense of community. When we enter the public markets in a few short months, our success will depend on how investors view the momentum we are generating at the new Time Inc. We will be judged on our ability to leverage our entire portfolio, to innovate, to make smart investments and to create exciting opportunities for our advertising partners across our company. The performance of print and individual brands will always be important, but Wall Street’s focus will be on the performance of Time Inc. and on our ability to grow beyond print, embracing new technologies, new products, new markets, and new customers. Every employee in the organization needs to be fully invested in the performance of the company. There is a lot of great work going on around Time Inc. We remain the number one publishing company in the world by every conceivable metric-and we gained share in 2013. Our strength in publishing provides a great foundation on which to build, and I already see great examples of innovation, entrepreneurship, and bottom-up thinking. On Thursday, I will be meeting with our senior leadership in a Quarterly Management Meeting to discuss priorities for the next several months and I will speak directly to as many of you as possible in a series of town hall meetings later this month.We have a lot to do. But we will do it together. We are creating the new Time Inc. whose best days are yet to come.Joelast_img read more

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