Mielke urges higher vehicle fees to fund road projects

first_imgHere’s how badly the county needs money for future road projects: Clark County Commissioner Tom Mielke, a conservative Republican who owns nine cars, supports increasing vehicle licensing fees. Mielke said Tuesday that increasing licensing fees would take the burden off developers from having to pay as much in traffic-impact fees. He quickly added that he would like to balance a fee hike with reducing property tax rates so homeowners would not pay as much for roads, either.He said he’s encouraging county staffers to figure out a specific proposal.“I don’t know how to do it,” Mielke said.His fellow Republican, Commissioner Marc Boldt, said he supports increasing licensing fees on the condition property taxes were lowered.They both feel all drivers, and not just property owners and developers, should shoulder more of the burden of paying for roads.By state law, commissioners could raise the $43 annual vehicle licensing fee by $20 without putting it to a public vote.If voters so approved, the fee could be raised by as much as $100.Commissioner Steve Stuart, a Democrat, would be the board’s lone “no” vote. He said the county needs to work with existing funds, ranking projects on a need-based scale that favors safety and attracting business development.If businesses come, Stuart said, so will additional revenues for roads.As of now there’s no formal proposal to increase licensing fees, but Mielke, who made the suggestion at a May 26 work session on road projects, has been talking about it for a year, said Pete Capell, director of the county’s public works department. The Vancouver City Council has also talked, during budget retreats, about increasing vehicle licensing fees and is expected to seriously consider the idea this year.last_img read more

Clean tech forum draws local input

first_imgSouthwest Washington businesses and economic development organizations will play a key role in a Portland workshop set for Friday, April 27, and aimed at connecting buyers and sellers of clean technology services and supplies.The Clean Energy Industry Buyers and Sellers Forum at the Oregon Convention Center in Portland will feature clean energy market leaders who will discuss trends and opportunities in the industry and offer advice to businesses on how to participate in this sector’s growth. Jason Hopkins, global business development manager for wind energy at Underwriters Laboratories in Camas, will offer an overview of the clean energy industry in the session’s keynote speech.The event is co-sponsored by the Columbia River Economic Development Council, the Cowlitz Economic Development Council, and the Portland Development Commission. It will take place from 8:30 a.m. to 1 p.m. in Hall E of the Oregon Convention Center, 777 N.E. Martin Luther King Blvd. in Portland.The event is funded through a federal grant awarded last October to the Portland Regional Clean Tech Advance Initiative, aimed at expanding the region’s clean tech supply chain.General registration is $55, but the Columbia River Economic Development Council and Cowlitz Economic Development Council are offering complimentary attendance for companies in Cowlitz or Clark counties. Interested companies must register by emailing all attendee names, addresses, phone numbers, and emails for the organization to Bonnie Moore at bmoore@credc.org.last_img read more

Egypts Mubarak on life support after heart stops

first_imgCAIRO (AP) — Egypt’s Hosni Mubarak was being kept alive by life support after he was rushed from prison to a military hospital in a rapidly worsening condition, officials said. The 84-year-old ousted leader’s health crisis added a new element of uncertainty just as a potentially explosive fight opened over who will succeed him.The state news agency MENA said Mubarak was “clinically dead” when he arrived at the hospital and that doctors used a defibrillator on him several times. It initially said the efforts were not successful.But the official said Mubarak was put on life support. He had no further details on his condition. The official spoke on condition of anonymity because he was not authorized to talk to the press.The developments add further layers to what is threatening to become a new chapter of unrest and political power struggles in Egypt, 16 months after Mubarak was ousted by a popular uprising demanding democracy. Egyptians were uncertain about Mubarak’s fate, about who will succeed him and about whether his successor will have any power.The campaign of Mubarak’s former prime minister, Ahmed Shafiq, said Tuesday he has won Egypt’s presidential election, countering the Muslim Brotherhood’s claim of victory for its candidate, Mohammed Morsi.last_img read more

Drug task force seizes 20 pounds of meth 44K

first_imgThe Clark-Vancouver Regional Drug Task Force on Wednesday seized 20 pounds of methamphetamine and $44,000 in cash.Detectives arrested Jose A. Barajas-Rodriguez, 28, of Woodburn, Ore. in the 1900 block of Northeast 78th Street. At the time, the man was allegedly delivering a large amount of meth to a customer, said Cmdr. Mike Cooke, task force leader.Barajas-Rodriguez was booked into the Clark County Jail on suspicion of three counts of delivery of a controlled substance and one count of possession of a controlled substance with intent to deliver.After the arrest, detectives searched a warehouse at 21305 N.E. 10th Ave. near Ridgefield where they thought Barajas-Rodriguez was storing meth, according to a task force news release. It said detectives found 20 pounds of meth and $20,000 in cash. Agents from the Portland DEA office also searched Barajas-Rodqiguez’s Woodburn home and found an additional $24,000 in cash, the news release said.The arrest and seizure is the result of a long-term investigation in which detectives made several purchases of meth from Barajas-Rodriguez, Cooke said.“This latest case is just another example of the large amounts of methamphetamine being trafficked to Clark County from Southern California and Mexico,” he said.In August, the task force seized a record-breaking 74 pounds of meth. The two cases were conducted simultaneously but are not related, Cooke said.last_img read more

Victim wont be charged for now in Camas fire

first_imgA 19-year-old man, injured and displaced April 30 by a fire at his parents’ Camas home, won’t be charged, for now, with felony reckless burning for allegedly starting the fire while trying to destroy his bank statements.Brian Murray was arrested Wednesday on suspicion of first-degree reckless burning. Clark County Deputy Prosecutor Patrick Robinson said he filed paperwork today to exonerate Murray pending further review of evidence. That essentially means Murray’s legal future is in limbo until prosecutors decide whether charges are warranted.“We felt we couldn’t review everything thoroughly enough by 2 p.m.,” Robinson said Monday. Prosecutors have 72 hours to charge someone with a crime after he or she is arrested. The deadline to charge Murray was 2 p.m. Monday. If prosecutors charge him later, they will summon him back to court, Robinson said.The prosecutor said he received the Camas fire marshal’s report on the fire after business hours Friday. He reviewed it on Sunday but needs more time to discuss legal issues of the case with fellow prosecutors, “so we can make sure we make a sound and informed charging decision,” Robinson said.He said he isn’t sure when a decision will be made. A decision could come this week or take longer.In the meantime, Murray’s attorney has advised him to continue life as usual, said his mother, Patricia Jensen.Murray, a recent Army recruit, plans to head off to basic training as soon as possible, she said. “He’s very relieved that at least he can go.”last_img read more

Recordbreaking heat possible in Washington

first_imgSEATTLE — The weather that Western Washington residents dream about through the damp gray days of winter is finally here.The forecast promises a dry, sunny weekend with high temperatures in the 70s and 80s. Then, Northwesterners could have a couple of days where they can join the rest of the West in complaining about the heat.Record temperatures in the 90s are possible in places Monday and Tuesday, the National Weather Service office in Seattle said.The record for July 1 at Sea-Tac Airport is 87 degrees, set most recently in 1995. And the record for July 2 is 92, set in 1968. The temperatures for both days “have a shot” of setting new records, said meteorologist Chris Burke.A 90-degree day in Seattle is rare, but not unheard of.“We don’t get to 90 degrees every year, but most years we do,” he said Friday.Temperatures east of the Cascades will be even hotter, as they usually are, with weekend highs in the 80s and 90s, possibly breaking 100 on Monday and Tuesday.In Spokane, temperatures in the 90s are expected Saturday and Sunday during the Hoopfest 3-on-3 basketball tournament. The event is expected to draw 28,000 players and up to 200,000 people downtown. They are being warned to drink plenty of fluids to avoid heat-related problems.The cause of the heat wave is a “very impressive big giant high” pressure system, Burke said.“It’s pretty normal for the rest of the West. Only once or twice a year does it reach Western Washington,” he said.Marine air is expected to push into Washington again on Wednesday, dropping temperatures to the 80s and 70s by the Fourth of July.The downside of great weather is the risks some people take to enjoy it at rivers, lakes and beaches in Washington. Cold water is a shock.last_img read more

Man dies after arrest by Taser in University Place

first_imgUNIVERSITY PLACE — An agitated man died after fighting with deputies who arrested him Sunday night in University Place.Residents reported the man had a screwdriver and was screaming for police in an apartment building parking lot.Sheriff’s spokesman Ed Troyer says deputies found the man out of control, fighting and biting. They used a Taser to take him into custody. He was taken to Tacoma General Hospital where he died.The medical examiner’s office will determine the cause of death for 44-year-old Ronald Hillstrom.The News Tribune reports Hillstrom had prior convictions for assault, kidnapping and drugs.last_img read more

Two Pinchot bridges to close for repairs

first_imgTwo bridges in the Gifford Pinchot National Forest will be closed temporarily for repairs.Swift Creek bridge at milepost 4.2 on Lewis River road No. 90 seven miles east of Cougar will be down to a single lane on Sept. 15 and 16 and closed from 8 p.m. to 6 a.m. from Sept. 17 though 24.Damaged bridge joints will be repaired. No detour route is possible.Tom Mulder, manager of the Mount St. Helens National Volcanic Monument, said the Forest Service waited until after Labor Day to do the work and will have closures only during night to minimize traffic disruption.Layout Creek bridge at milepost 7.1 on road No. 43 will be closed Sept. 15 through Oct. 7 for a culvert replacement.A detour is available by using road No. 4306 to road No. 42 to road No. 4220 to road No. 41. Detour sign will be posted.A undersized culvert will be replaced by a reinforced bridge to provide better passage for wild steelhead.Layout Creek is a tributary to Trout Creek and the Wind River.Contact the Mount St. Helens monument headquarters at 360-891-5000 for updated information about the road No. 90 project and the Mount Adams Ranger District office at 509-395-3400 regarding road No. 43.last_img read more

2 men convicted in Sifton home invasion

first_imgA Clark County jury found two Vancouver men guilty of committing a home-invasion robbery Dec. 4 in an apartment in Vancouver’s Sifton neighborhood. The two victims were tied up with cords and forced inside a bedroom closet.Following a seven-day trial, Calvin J. Quichocho, 22, and Brandon English, 21, both of Vancouver, were convicted of two counts each of first-degree robbery, first-degree kidnapping and second-degree assault. They are scheduled to be sentenced Nov. 14 by Superior Court Judge Barbara Johnson.The 12 jurors deliberated for 1½ hours before reaching the verdict.“I think witnesses identifying them (in a photo montage) had a lot to do with it,” said juror Pam Nolin of Camas.Quichocho and English robbed Austin Bondy and Brittany Horn at gunpoint inside a unit at the Prairie View Apartment Homes, 12611 N.E. 99th St., said Deputy Prosecutor Dan Gasperino.Court records indicate the two men and John R. Lujan, 18, arranged to meet Bondy at his apartment under the ruse that they planned to buy marijuana from him. Instead, they stole valuables belonging to Bondy and Horn.Once the suspects were inside the apartment, Quichocho drew a firearm from his clothing and pointed it at the victims. English shoved Lujan onto the couch and told him to stay down, according to court records.last_img read more

The Pensions Regulator fines schemes noncompliant with basic autoenrolment duties

first_imgThe Pensions Regulator (TPR) has published the names of workplace pension schemes whose trustees have been fined for not providing legally required documentation.Fines were issued to pension trustees for failure to submit scheme returns after receiving a warning from TPR, and for failure to prepare a chair’s statement or for providing a non-compliant chair’s statement.Pension schemes that have been fined for failing to submit an annual chair statement at 31 December 2017 include the East India 2006 Retirement Benefit Scheme and the Miller Executive Pension Scheme, both of which have been fined £2,000. The Forest Laboratories UK Pension Scheme has been fined £1,500.The Ethika Auto Enrolment Pension Scheme has been fined £2,000 for providing a non-compliant chair’s statement, at 30 December 2017. Pension schemes that have also been fined for this reason, up to 30 September 2017, include My Workplace Pension Scheme, Vedius Pension Trust and The Nurture Master Trust, which have all been fined £2,000.No fines were delivered for pension schemes failing to submit scheme returns on time as at 31 December 2017.The lists have been published alongside TPR’s Compliance and enforcement quarterly bulletin: October-December 2017 report. The published lists include organisations that TPR has secured a court order against for failure to pay escalating penalty notices for auto-enrolment non-compliance, as well as those that have paid escalating penalty notices but have not yet fulfilled their auto-enrolment duties.An escalating penalty notice is issued if employers continue to be non-compliant after receiving a fixed penalty notice worth £400. An escalating penalty notice can increase by up to £10,000 a day until the fee is paid. Employers that remain non-compliant after being issued with a penalty notice may have to face additional enforcement action, such as prosecution.Organisations that feature on the list of employers that are subject to a court order following an unpaid escalating penalty notice include Borders Hotel, which owes £52,500, Southwest Event Security, which owes £35,000, and 606 Dental Surgery, which owes £14,000.Employers that feature on the list of organisations that have paid an escalating penalty notice but remain non-compliant with auto-enrolment regulations include Light Fantastic Orkney, which paid £24,500 for an escalating penalty notice, as well as PW Planning Systems and Backpackers Lodge. Both of these organisations paid £5,000 for an escalating penalty notice.The bulletin found that 4,197 more compliance notices were issued to employers for failing to meet auto-enrolment duties between October and December 2017 compared to the previous quarter, and 1,956 more fixed penalty notices have been issued over the last three months for employers failing to comply with a statutory notice or a specific duty, compared to last quarter.TPR used its enforcement powers to regulate governance and administration rules 235 times against schemes between October and December 2017, and a total of 28,446 cases of enforcement powers being used for auto-enrolment were recorded over this period.Nicola Parish, executive director of frontline regulation at TPR, said: “What some trustees put together as a chair’s statement is disappointing. These statements are important documents and should demonstrate to scheme members that the trustees are doing a good job and savers’ money is being well looked after.“This is not just a tick box exercise. The chair’s statement should make declarations about key aspects of governance, from making sure a scheme’s costs and charges represent good value for money to assessing the skills and knowledge of trustees. A statement with little explanation offers no comfort to pension savers that their money is safe.“Schemes that don’t meet the requirements will not only get a fine, but will now be named on our website too.”last_img read more

Hong Kong to raise statutory minimum wage by 87

first_imgHong Kong is to increase its statutory minimum wage from $34.50 (£3.42) an hour to $37.50 (£3.72) an hour, equating to an 8.7% pay rise for employees.The minimum wage increase was approved by Hong Kong’s executive council last week, following recommendations from the territory’s Minimum Wage Commission (MWC).Hong Kong’s Government Gazette will publish the Minimum Wage Ordinance (Amendment of Schedule 3) Notice 2019 on Friday 18 January, which will contain details of the $3 rise.The wage increase is also due to be tabled in the Legislative Council on Wednesday 23 January 2019. If approved at this stage, the new statutory minimum wage rate will be effective from 1 May 2019, to coincide with Hong Kong’s Labour Day.Dr Law Chi-Kwong, secretary for labour and welfare, said: “The government has carefully considered the report of the MWC and is of the view that the MWC has ably discharged its statutory function of reviewing the [statutory minimum wage] rate with thorough and balanced deliberation.“Since the [statutory minimum wage] cam into effect on [1 May] 2011, the earnings of low income employees have continued to improve, and the employment market has remained largely stable. The smooth implementation of the [statutory minimum wage] has been attributable to the support of the community and co-operation of stakeholders.”The Minimum Wage Ordinance Notice will also amend the monthly monetary cap, which pertains to employers recording the total number of hours worked by each member of staff within specific wage periods. Employers will be exempt from this requirement, as of May 2019, if employees earn more than $15,300 (£1,516.59) a month; previously, the cap was set at $14,100 (£1,397.64) a month.last_img read more

EXCLUSIVE Risk and Business Analytics opens wellbeing hub for 800 UK staff

first_imgEXCLUSIVE: Global data and analytics organisation Risk and Business Analytics (RBA), part of Relx Group, has launched a dedicated wellbeing hub for 800 employees based at its UK headquarters in Sutton.The Living Well Hub, which was officially opened on Monday 14 January 2019, aims to help employees focus on their health and wellbeing and thrive at work. It contains a fitness studio for on-site classes, meditation rooms, therapy and treatment rooms, social and games areas, a reading room and a multi-faith room.Jamie O’Sullivan, group managing director at RBA, said: “Our Living Well programme is so important to our business and this new hub is a great resource for everyone here.“Our global programme already includes some great health-focused initiatives, such as fitness classes, table tennis tournaments, football and a swimming bus, and we also host a number of speakers and events during the year to help our staff with mental wellbeing, which includes mindfulness sessions, financial management talks and help with managing sleep and stress.“Our employees have the right to a healthy and safe workplace and this launch shows our continuing commitment to promoting workplace wellbeing for our employees, keeping them physically and emotionally healthy.”The Living Well Hub has been designed to encourage employees from across the business to connect and network in a social setting, to promote cohesiveness and collaboration. It also provides an area where staff can take time out to relax away from technology, for example by reading a book, playing on the football table or attending a fitness class.The space is also an area where internal teams can meet, such as RBA’s Cares, Diversity and Inclusion team and its Green team.The new hub forms part of RBI’s global health and wellbeing programme, Living Well. The programme, which is aligned to the organisation’s business and people strategy and its organisational culture, aims to support RBA’s 3,000 global employees, based across six continents, to thrive in their work and personal lives.The hub will therefore be used to host Living Well initiatives, such as talks, workshops, wellbeing days, health kiosks, treatments, arts and crafts and fitness classes.Mark Kelsey, chief executive officer, risk and business analytics at RBA, added: “RBA’s Living Well programme is truly embedded into every part of our business and we do it because our people are vital to our success. They are at the very heart of our business; [we] cannot run a successful [organisation] without high-performing people and for everyone to be their best we know it’s our responsibility to ensure they have the support they need.“The best thing about our Living Well programme? It’s run entirely by our people, for our people. The commitment from staff as far afield as Singapore, London, Paris and Chicago has been extraordinary. And it’s growing. In the four years it’s been running, we’ve seen some amazing results and had a great deal of fun in the process. RBA Living Well brings us together as a business, is embedded into our culture and aligned to our business strategy. It keeps us strong and resilient and I firmly believe it contributes to our financial success.”last_img read more

Multiple injuries after 2car crash in Hollywood

first_imgHOLLYWOOD, FLA. (WSVN) – Several people were taken to the hospital after, police said, two cars collided in Hollywood, Sunday afternoon.According to Hollywood Police, the accident took place near Stirling Road and North Park Road.7News cameras captured one of the vehicles involved in the parking lot of a nearby Kwik Stop where, police said, two parked cars were also struck.Paramedics transported occupants in both vehicles but did not specify how many people were riding at the time of the crash or how many sustained injuries.Police temporarily shut down North Park Road in both directions while they investigated.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Southbound I95 ramps to SR 112 shut down for construction

first_imgMIAMI (WSVN) – Crews have shut down the southbound ramps along Interstate 95 connecting to the westbound lanes of State Road 112 for construction.The ramps were closed at 9 p.m. and will reopen at 5:30 a.m. on Thursday.In addition, the on-ramp to eastbound I-95 will also be blocked off until 5:30 a.m. on Wednesday.Officials advised drivers to follow the detour signs in the area.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Truck driver shoots assailant outside NE MiamiDade 7Eleven

first_imgNORTHEAST MIAMI-DADE, FLA. (WSVN) – A truck driver turned the tables on the man who, police said, attacked him outside of a 7-Eleven in Northeast Miami-Dade.Miami-Dade Police and Fire Rescue units responded to the scene at 1000 NE 215th St., just before 2:15 a.m., Tuesday.Investigators said the driver was standing outside his truck talking to someone when the subject approached him and began to attack him.Police said the driver pulled out his gun and opened fire, striking the attacker in the stomach and back.The subject was able to walk into the 7-Eleven to seek help.Paramedics transported him to Aventura Trauma Center with injuries that were not life-threatening. He was last listed in stable condition.Police detained and interviewed the driver. Officials said he acted in self-defense, so it is unlikely he will face charges. Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

United Way MDCPS hold annual breakfast ceremony to celebrate big 2018 campaign

first_imgMIAMI (WSVN) – The United Way of Miami-Dade and Miami-Dade County Public Schools came together to celebrate students, teachers and administrators who raised $1.5 million in 2018.The two organizations acknowledged the hard work of many people in a ceremony at Jungle Island, at 1111 Parrot Jungle Trail, Thursday morning.The annual breakfast ceremony honored the school system’s 2018 United Way campaign.MDCPS Board Member Dr. Larry Feldman said, “United Way helps those who can’t help themselves, and so all of our students, and our faculty, and our 40,000 employees reach down, and they do things for others, and that’s really what about makes a community.”The ceremony also included an awards presentation, which recognized the top school district campaigns.Both organizations have worked together for more than 40 years to help children and families in the South Florida community.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Case Studies in Custom Publishing

first_imgDefining the mission is always critical for a custom publishing project. Is the project about brand exposure? Customer conversions? Maybe even sales? As custom projects take on more of a multimedia flavor, the overall mission of the project typically stays the same but now there is potential for much more involvement from the client side and much more direct feedback from the target audience.The case studies presented in this feature reflect how three custom projects evolved from standalone print efforts to a new mission and a new target audience for the client. Rodale’s custom unit talks about how it enabled Little Brown Book—a magazine for the 175,000 high-spending Bloomingdale’s credit card holders—to break through the clutter for a heavily-targeted audience with award-winning design. On the b-to-b side, Everything Channel and Ingram Micro discuss how they’ve gone beyond the typical publisher-client relationship to become true partners in a multimedia, revenue-generating project. And Hammock Inc. repositions a 116-year-old brand for perhaps the biggest challenge for a consumer magazine right now—the newsstand.PROJECT: Little Brown Book PROJECT: Channel AdvisorPROJECT: American Spirit SIDEBARSCustom Matchmaking Site Hits Initial GoalCustom content matchmaking site Junta42 Match reached its initial goal of 100 publishing members in early June, roughly three months after it beta launched in mid-March, and is set to open its doors to marketers by the time this issue goes to press.The service—which, according to founder Joe Pulizzi, is based on a LinkedIn-style platform custom-built by Junta42—requires member publishers to complete profiles that list their areas of expertise and experience, including specific client and project history information. The profiles are audited by Junta42 Match via Web verification and, when necessary, phone calls. Marketers, who can access the site for free, will be able to search the profiles according to their needs and specifications.The service costs publishers $400 per month or $4,000 per year and is designed, according to Pulizzi, to replace the lengthy and laborious RFP process which takes “anywhere from a couple days” to “a couple months,” and “boil it down to 15 minutes.” center_img McMurry To Launch Luxury TitleNew magazine, called 6, will be advertising-supported. As one of the largest custom publishers, McMurry is used to generating magazines for someone else. Now, the company is launching a magazine for itself. 6 (the name refers to six “passion points” of the readership: wealth, style, travel, design and body and health), debuts with a November/December issue and is a high-end luxury magazine targeting 100,000 select households with average net worth of $25 million. With no shortage of luxury magazines in the marketplace, McMurry says it needed to make sure its reader base really represented the affluent, rather than the aspirational readers it says many of its luxury competitors cater to. The publisher began building its target audience by accumulating lists through a variety of different data sources around purchasing behavior that was indicative of affluence—such as real estate transactions or yacht and plane sales—and applied some real world thinking to that. “The definition of a yacht is any sea-going vessel that’s 50-feet larger or longer,” says Tom Garrett, vice president of client services. “But the person who has a 50-foot yacht and the person who has a 100-foot yacht are in two different economic spectrums.” McMurry also gathered exclusive proprietary data investment from private wealth management institutions. The publisher ended up with a list of 300,000 names, which it pared down to get down to a target list of 100,000.The 6 package will also feature an experiential component offering unique outings—including a trip to the Macallan Scotch distillery for $75,000 per person.last_img read more

Playboy Hires Advisors for Hefner Buyout Evaluation

first_imgLast month, the company appointed two members of its board of directors to head a special committee to evaluate Hefner’s offer. The two directors who make up the committee are Arnold & Porter law firm counsel Sol Rosenthal and global investor Kai-Shing Tao, who was elected to the board in May.“The special committee reiterates prior cautions to PEI’s stockholders and others considering trading in its securities that no decisions have been made by the board of directors or the special committee with respect to PEI’s response to the initial Hefner proposal or whether this or any other transaction is in the best interests of PEI and it stockholders,” the company says. “There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated.”In August, PEI reported a $6.4 million net loss through the first six months of 2010, compared to a $22.4 million loss during the same period last year. The domestic magazine generated $17.3 million in revenue (down from $29.9 million during last year’s period) while digital pulled in $16.5 million, down slightly from $18.2 million. The two-person special committee that was formed recently to evaluate Playboy Enterprises founder Hugh Hefner’s offer to take the company private has retained Raine Securities LLC as its financial advisor for the process.In addition, Playboy has named Kaye Scholer LLP as its legal advisor, the company announced Tuesday.In July, Hefner offered to purchase all of Playboy Enterprise’s outstanding shares of Class A and Class B common stock at $5.50 per share in cash. Hefner currently owns 69.5 percent of the company’s Class A stock and 27.7 of its Class B stock.last_img read more

FW Media to Acquire Network of Digital and Retail Properties

first_imgF+W Media announced that it plans to acquire a sewing vertical complete with retail locations and a digital content portal—The Sewing Studio and LoveSewing.com will join the F+W family effective May 1.The Sewing Studio, which was founded in 2004, has retail locations in Toronto and New York City and runs fashion camps, specialty sewing classes and sewing boot camps, among other programs. LoveSewing.com is an online content site designed to deliver the sewing community the latest news and sewing trends from the fashion industry.Terms of the deal are not being released. “Education—both online and live events—is the fastest-growing segment of our company,” says F+W Media chairman & CEO David Nussbaum in a statement.  “Whether we create our own courses, work with a partner, or in the case of The Sewing Studio acquire a business already doing excellent work in the space, we will continue to strategically build our education portfolio to meet our community needs.”This is just the latest deal F+W Media has undertaken. In 2012, the company completed several large acquisitions, including that of Interweave Press and The Martha Pullen Company. Just six days ago the company announced it had struck a licensing partnership with Germany-based Hubert Burda Media. The deal sets up F+W as the U.S. and Canadian publishing and sales operation for what will become Burda Style USA—a digital, e-commerce and print platform for DIY fashion and sewing enthusiasts. Denise Wild, founder of The Sewing Studio and a former magazine editor will become content director for the BurdaStyle USA business, and Wild’s staff will also join the F+W team. The company plans to develop BurdaStyle USA as an integrated business that will include an online community of more than 800,000 members, an e-commerce store, in-person and online education services, video content, events, a magazine, books and e-books. Stay updated on the latest FOLIO: news, follow us on Facebook & Twitter!last_img read more

American Media Inc Taps New Counsel After Federal Inquiry People on the

first_imgHere are the rest of this week’s people on the move…Jacqueline GiffordMeredith Corp. named Jacqueline Gifford the new editor-in-chief of Travel + Leisure magazine this week, effective immediately. Gifford, who has held several senior editorial positions at the title since joining in 2013 and most recently served as the travel director, is succeeding Nathan Lump who departed from the top editorial spot last month. She will report directly to Stephen Orr, VP, group editorial director. “Jacqui’s proven record, immense talent and deep understanding of the brand make her perfectly suited to lead Travel + Leisure,” said Orr. “Beloved in the travel community, Jacqui has a unique background and passion for travel that will now inform the rich content and sophisticated perspective of this illustrious brand.”Sue SuhTime’s recently appointed CEO and longtime editor-in-chief, Edward Felsenthal, announced that the first hire was made in the company’s mission to grow its staff across the senior leadership, newsroom, and sales and marketing operations over the coming months. Sue Suh, who joins the company from the Rockefeller Foundation, will be taking on the new role of chief people officer and will be tasked with overseeing the recruiting and human resources department. At the Rockefeller Foundation, Suh spent the last four years as the chief talent officer where she led recruitment and talent development across all of the philanthropy’s global offices, and before that, she served as the managing director of the foundation’s Bellagio Center programming in Italy. In addition to this, she currently serves on the boards of the Coca-Cola Scholars Foundation, the Classical Theatre of Harlem and Special Olympics Asia-Pacific. “Sue’s energy, optimism and breadth of experience will be great assets as we build our culture, our staff and our future,” said Felsenthal in an internal memo She officially begins her new role with Time on Dec. 3. Joseph LibonatiSVP of corporate communications Joseph Libonati was tapped as Condé Nast’s new chief communications officer. He is replacing Cameron Blanchard who is out from that role after three years. Libonati will oversee the development and execution of all internal and external communications strategies for the company. For more than two decades, Libonati has worked in the communications industry, starting at Condé in 2013, but before that he served at the SVP at Rubenstein Communications, where he worked with clients such as Paramount Pictures, USA Network, and Viacom. “As Condé Nast continues to transform into a full-fledged media company, strategic communication is vital to every aspect of our organization,” said president and CEO Bob Sauerberg in a statement. “Joe is a big part of how we are communicating that to our advertising partners, the creative community and our audiences.”James CreganEVP of government affairs James Cregan is retiring from his position at the MPA–The Association of Magazine Media, a title that he has held since 1999. For 25 years, he litigated on behalf of MPA members in many major cases before the Postal Regulatory Commission, including the 1995 classification reform case, and the recent 2018 coalition that’s opposing the PRC’s proposed double-digit rate increases on magazines and other users of the mail. He plans to leave the company at the end of the year. “As the magazine media industry’s biggest advocate before Congress, Jim has effected changes that will have a positive impact on our members’ bottom line for years to come. We will miss his wisdom, his ability to navigate the halls of Congress, and maybe most of all, his sense of humor,” said president and CEO Linda Thomas Brooks in a statement. Former IDG Communications CEO Michael Friedenberg was tapped as the new president of Reuters news. He begins his new role on Dec. 3 and will report to Thomson Reuters president and CEO Jim Smith. Editorial content will remain under the oversight of editor-in-chief Stephen J. Adler, who will report to Friedenberg.Friedenberg stepped down from IDG Communications last October after 12 years with the company where he focused on evolving the brands from a traditional publishing model to a more centralized, global business information organization that was focused on growing its data and marketing services businesses.Cynthia LittletonVariety has tapped its longtime editor Cynthia Littleton as its new business editor. Littleton, who most recently served as the managing editor for television, will be tasked with covering media and entertainment leaders, as well as mergers, acquisitions and earnings, in addition to continuing her current duties of reporting and editing for Variety’s TV team. In addition to her promotion, she will also continue to co-host her weekly podcast, “Strictly Business” with co-editor-in-chief Andrew Wallenstein.Digiday’s Lucia Moses is leaving for Business Insider where she will serve as a deputy editor leading its advertising, telecommunications and media team. David Marchese, editor of New York magazine’s culture pages and the “In Conversation”  columnist, is joining the New York Times Magazine as a Talk columnist. He will be tasked with taking over the relaunch of the expanded digital and print version of Talk, which will debut next year, and will base its format around his unique approach to interviewing. Marchese starts his new role in December.David MarcheseLongtime national security reporter and editor Dave Brown is joining Politico Pro as a deputy defense editor and Eleanor Mueller is joining its Legislative Compass team as a reporter from her role as web producer and copy editor.Politico also tapped Olivia Altman as its new marketing and communications coordinator. She was most recently with PR firm Finn Partners. The National Journal’s Zach C. Cohen, who spent four years the Hotline team, is transitioning to the Hill team to cover the Senate. Jon P. FineCameron StracherAmerican Media, Inc., publisher of The National Enquirer, Us Weekly, and several other celebrity and fitness titles, has appointed a new top lawyer after parting ways with Cameron Stracher, who had served for nearly 12 years as the company’s general counsel, media. Jon P. Fine, who is tapped as Stracher’s replacement, will take on the newly created role of deputy general counsel, media on AMI’s legal team and will report directly to executive VP and chief legal officer, Eric Klee. Stracher, who had been with AMI since 2007, departs amid a federal investigation into an alleged $150,000 payment involving the National Enquirer publisher and its chairman, David Pecker, model Karen McDougal, and Michael Cohen, the former personal lawyer for Donald Trump, during the lead-up to the 2016 presidential election. Pecker is reportedly cooperating with the inquiry.Fine most recently served as the SVP and publisher of Open Road Integrated Media, an ebook and digital media publisher, where he managed day-to-day operations of the company, while also overseeing legal and business affairs, including prepublication review, risk management, and business development. However, he has also held key legal roles at Amazon, Random House, Inc., and NBC’s “Saturday Night Live.”Editor’s note: Cameron Stracher disputed the original headline of this story, “American Media Inc. Replaces Top Counsel Amid Federal Inquiry,” so we’ve updated it. Stracher asserts that he hired Fine, whose role will be a different one reporting to VP and general counsel Eric Klee—whereas Stracher reported directly to Pecker—and that his departure from AMI is unrelated to the inquiry into the alleged payment.last_img read more