It’s also notable that, as Condé Nast aggressively chases scale, it continues to place its preeminent viral content producers behind paywalls. Chief revenue officer Pam Drucker Mann told employees earlier this month that the company again hit records for digital and social audiences in February, and that its digital revenues will equal its print revenues in the second quarter.Instituting a paywall at VF.com had reportedly been a goal of Jones’s predecessor, longtime editor-in-chief Graydon Carter, before he revealed plans to step down last fall after 25 years running the magazine.Elsewhere at the company, Golf Digest unveiled a new subscription-based instructional video product, Golf Digest All Access ($99-per-year), on April 2. Vanity Fair is the latest magazine to place its online content behind a soft paywall in a bid to drum up more consumer-driven revenue.The Radhika Jones-led title becomes the third at Condé Nast to institute a metered paywall, following The New Yorker in 2014 and Wired earlier this year. Like Wired, Vanity Fair will allow visitors to read up to four articles for free each month, after which they’ll be asked to subscribe for an annual fee of $19.99—the same price for both print-and-digital or digital-only subscriptions.Continuing a trend carried over from last year, Vanity Fair is staking its value to readers on the critical role it plays in the current news climate.“At a moment when quality journalism is not a luxury, but a necessity, your commitment will enable us to invest in our reporting, writing, photography, and video, expanding into new areas and onto new platforms, with you, our core reader and viewer, clearly in focus,” Jones told readers in a note announcing the change. “We cannot do it without you.”
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Email Demi Lovato: New Music Coming “Very Soon” demi-lovato-hints-new-music-could-be-coming-very-soon Demi Lovato Hints New Music Could Be Coming “Very Soon” The GRAMMY-nominated singer/songwriter is ready to move on from 2017’s ‘Tell Me You Love Me’ with new musicRenée FabianGRAMMYs May 29, 2018 – 11:16 am With her powerful duet with Christina Aguilera, “Fall In Line,” still hot off the presses, it seems Demi Lovato has had plenty of inspiration to push forward with new music of her own coming “very, VERY soon. … Could be a matter of weeks actually.”During a round of answering fan questions over the weekend, the GRAMMY-nominated singer/songwriter was asked about a third single from 2017’s Tell Me You Love Me, her sixth studio album. In response, Lovato tweeted that there would not be a third single and that she is ready to move on to something new. Pretty much… I have so much new music to release very VERY soon!!! https://t.co/EaAaiJ4mjD— Demi Lovato (@ddlovato) May 29, 2018Of course, the natural follow-up is whether or not a new single or album could be coming soon. And, in fact, the answer is yes: Lovato hinted that we should expect something new as soon as a few weeks, while also divulging that she has “so much new music to release.” Facebook News Twitter Very VERY soon…. could be a matter of weeks actually https://t.co/vOciaHp5mD— Demi Lovato (@ddlovato) May 29, 2018While it’s unclear if that means just new singles or the makings of her seventh studio album, it sounds like we won’t have to wait long to find out what’s in store next. In the meantime, you can still catch Lovato on her worldwide tour with DJ Khaled with dates through Nov. 27.Catching Up On Music News Powered By The Recording Academy Just Got Easier. Have A Google Home Device? “Talk To GRAMMYsRead more
You’ve heard a lot about Facebook this year, but you may not have heard about Watch.Watch is the social network’s hub for video, and, unlike the rest of company, it’s been mostly unscathed by Facebook’s privacy, security, disinformation and leadership scandals. Unfortunately for Watch: Neither its successes nor failures have been glaring enough to attract notice.House of Cards was the first show to put Netflix’s original-content efforts on the map. David Giesbrecht/Netflix Since launching last year with a reported $1 billion programming budget, Watch has yet to score with a critical smash or popular hit. It hasn’t got a signature show, like House of Cards, that puts its original content on the map, or a must-see program, like Stranger Things, that drives people to it in droves. Ask Facebook and it’ll say Watch is faring great. Watch’s niche programming is a feature, not a bug, according to Fidji Simo, Facebook’s head of video. “What we’re really going after is the amount of conversation and engagement, and that can be realized both in niche communities or in broad hits,” Simo said in an interview last week. “But we’re not really going for massive viewership.”Facebook is part of a scrum of tech and media companies wrestling one another to lock down your attention for TV online. But while most are taking aim at Netflix with online video subscription services, Facebook is stalking YouTube’s turf of free video you watch with ads. And with 2.27 billion people using Facebook every month, the world’s biggest social network may be the one competitor with the scale to actually take on YouTube. It just needs to figure out how. 2:58 1 “We are seeing some trends in younger audiences, and they are really engaged with these types of shows and create a lot of conversation,” she said. Looking forward to next year, Simo said much of Watch’s efforts will be focused on developing ways to make video more social, interactive and immersive, like testing a dark background when you’re watching a show. And Watch wants to keep widening its advertising base, so creators have more ways to make money from their videos. Of course, pushing for advertising led Facebook into the middle of minefields. Even Watch will need to watch its step. CNET’s Holiday Gift Guide: The place to find the best tech gifts for 2018.Culture: Your hub for everything from film and television to music, comics, toys and sports. Now playing: Watch this: TV and Movies Digital Media Share your voice Zuckerberg defends actions after New York Times investigation Facebook Tags Comment “I’m not sure Watch is the future of Facebook video,” said Michael Greeson, president and director of research at the Diffusion Group, whose research shows half of adult Facebook users have never heard of the service. Instead, he says, it may be “the next step in the company’s learning curve.” Squishy stats More than 400 million people visit Watch each month and stay for at least a minute of video, an indication they’re intentional viewers. On a daily basis, the number is 75 million people, and among those, the average watch time is 20 minutes.That implies Watch has roughly 25 million hours of viewership each day. Red Table Talk, a talk program with Jada Pinkett Smith, is Facebook Watch’s most followed show. Stan Evans To put that in perspective, people watch more than a billion hours of video on YouTube daily. And Google’s massive video site has more than 1.8 billion logged-in users every month. But, as is always the problem with online video, none of these comparisons are perfect. YouTube’s billion-plus daily viewing hours, for instance, take place across its entire site. Facebook Watch’s stats don’t include videos people watch on other parts of the site, such as their News Feed. And these squishy, imperfect comparisons make it hard to gauge whether Facebook’s most successful shows are doing well. By pure number of followers, Jada Pinkett Smith’s talk program, Red Table Talk, is Facebook’s biggest show, with 4.3 million followers. What do you even compare that to? Maybe Tyler Oakley. Oakley, sometimes referred to as the Ellen DeGeneres of YouTube, has fewer followers on Facebook itself than Red Table Talk does. But he has 3 million more subscribers on his main platform, YouTube. (For the record, DeGeneres’ own Facebook following is nearly 30 million. So we can say Red Table Talk isn’t a hit on the scale of the Ellen Show. Illuminating.)Sorry for Your Loss, which stars Elizabeth Olsen as a young widow, has been Facebook Watch’s most critically praised original. Facebook That Facebook is measuring its success in social conversation and engagement makes things cloudier still. Watch’s most loyal audience, measured by the number of people who completed at least three episodes, is for Sorry for Your Loss, a bereavement drama starring Elizabeth Olsen. Sorry for Your Loss is also Facebook’s most critically acclaimed program and Watch’s best shot so far at potentially scoring award nominations. But the show’s third episode has just 182,000 views. Compare that to the final episode of Netflix’s House of Cards — that is, the eighth episode in the sixth season of a series that’s well past its heyday. By Nielsen’s ratings, House of Cards’ finale still pulled in an estimated 901,000 viewers. And that’s just in the first week. The first three episodes of Sorry for Your Loss have been available free for three months globally. Growing painsOf course, Watch is still a baby.”Facebook Watch is a grand experiment, and it’s still early in the game,” said Peter Csathy, chairman of CreaTV Media, a media- and tech-focused business advisory and investment firm. “It’s been watching and learning and growing and changing, and that’s all part of the plan.”Facebook Watch’s strategy also doesn’t lend itself to making shows that break outside their niches. Watch’s goal since the beginning, Simo said, is to create video that’s intrinsically social, so Facebook shows line up with built-in communities on the social network. Hence, beauty pageant fanatics match up well with Queen America, a newer Facebook Watch show that stars Catherine Zeta-Jones.Catherine Zeta-Jones stars as a beauty pageant coach in Queen America. Boris Martin Facebook’s other game plan has been to throw things at the wall to see what sticks. In more flattering Silicon Valley parlance: Fail fast. “We specifically designed our content strategies to be able to learn a lot,” Simo said. “That’s a big part of the reason why we’re funding content, to be able to learn as fast as possible.” Those two strategies combined can yield shows with real traction in specific groups, even if their appeal is invisible to wider audiences. It’s the same paradox that meant many traditional media companies have dismissed YouTube stars as minor leaguers. Facebook’s unrelenting scandals this year haven’t helped Watch. Watch is getting lost in the haze as Facebook puts out its other fires. Instead of Facebook’s brand drawing people into Watch’s shows, it’s increasingly a barrier, according to Csathy.The social network has been especially hard hit among young people, those most coveted by advertisers and a video-centric demographic that Watch has been aiming to lure in. A study by Pew found that 44 percent of people aged 18 to 29 years old have deleted their Facebook apps. Instead, Watch could lean hard into demographics that are already there, said Scott Fisher, the founder of Select, a company that manages top digital creators and influencers like Oakley.”Facebook is almost like the daytime TV” of online video, Fisher said. “Facebook should have the next This Is Us for their originals. That’s the right vibe. If they end up trying to do House of Cards, I don’t know if that makes sense.”But Simo flatly rejects speculation Facebook Watch is recalibrating around older viewers, pointing to teen-targeted shows, such as SKAM Austin and Five Points, that Facebook is renewing.
The pre-Budget rally witnessed in stock markets in the last couple of days sustained itself on Friday, responding to Union Finance Ministery Arun Jaitley’s statement that his party’s defeat in the recent Delhi Assembly polls won’t slowdown economic reforms. The 30-scrip benchmark index – S&P BSE Sensex – has risen about 860 points in four straight trading sessions starting from Tuesday, to end slightly above 29,000 on Friday. Analysts are expecting it to cross the 30,000-mark, either days before the Budget or around 28 February, the day it will be presented. The target for the 50-scrip Nifty is 9,200.On Thursday, Jaitley, while speaking in the presence of US Treasury Secretary Jack Lew in New Delhi, had said, “The fact that four (state assembly) elections have been won and one has not been won is absolutely no ground for believing that there will be any slowdown on the path which we have undertaken.”Brokerages and investors are expecting Budget 2015 to contain proposals to increase capital spending and extend tax breaks for the manufacturing sector, which has continued to remain sluggish. U.S. Treasury Secretary Jack Lew (R) shakes hands with India’s Finance Minister Arun Jaitley before the fifth U.S.-India Economic and Financial Partnership Dialogue in New Delhi February 12, 2015.ReutersInvestors should look at the government’s spending plans and in areas that would receive more funds, Birla Sun Life Mutual Fund Co-CIO Mahesh Patil said.He added that the government should increase its spending in a few areas, with special emphasis on infrastructure and was keen to know the government’s plans to incentivise the manufacturing sector.With the BJP winning only three seats of the 70 in Delhi, investors were worried if Prime Minister Narendra Modi would go for ‘populist measures’. However, Jaitley was quick to dispel any such apprehension. Budget 2015Investors and analysts have seen the stock market gain momentum in the run up to the Budget. Expectations point to the markets hitting fresh records on hope of further reforms being initiated by the NDA government.They implore investors to continue to use every opportunity, particularly the volatilities to continue to stay invested, said EconomicTimes.The upcoming Budget is expected to be the harbinger of the government’s plan and direction for India over the next few years.
Maharashtra government has promised to find a suitable venue soon to set up a new regional centre of Lalit Kala Akademi (LKA) – country’s premier art Akademi. The Chairman of LKA Uttam Pacharane has made this announcement after his successful meeting in this regard with the Maharashtra Chief Minister Devendra Fadnavees on June 23, in Mumbai. Pacharane informs that he was accompanied by the senior BJP leader Raghunath Kulkarni while meeting Fadnavees. Also Read – Add new books to your shelfAccoding to Pacharane, the Mahrashtra CM’s attitude was very positive about opening a new regional centre in Mumbai. He said, “It was a long pending demand and when he sought to arrange a suitable venue with Fadnavees, he readily agreed and assured of his and his government’s whole hearted cooperation in establishing the regional centre. Pacharane claims that not only Mumbai but LKA is soon going to establish a new centre in the Indore as well.Pacharane deems that the new centre in Mumbai shall provide a new fillip to arts market in the country and also help the artists from Goa, Maharashtra and Gujarat in getting a fair deal for their imagination and hard work not only nationally but also internationally. Also Read – Over 2 hours screen time daily will make your kids impulsiveMaharashtra has a long tradition of Arts and Culture and people tend to decorate their homes with Alpanaa on festivals like Ganesh Pooja etc. Despite being a repository of talent the local artists are still struggling to get noticed nationally as well internationally in Maharashtra, Goa and Gujarat.Maharashtra has a number of arts institutions and new regional Arts centre shall contribute immensely in their growth and provide encouragement to the talent. Pacharane informs that the LKA shall soon launch a big initiative for conservation and encouragement of Tribal Art forms and the indigenous artists.
Vitalik Buterin, co-founder of blockchain platform Ethereum, posted a paper on a new kind of consensus algorithm last week. This algorithm requires only 1% of the nodes to be honest for the network to be secure. This results in 99% fault tolerance, increasing the security greatly. How can Ethereum achieve 99% fault tolerance? The new consensus algorithm introduces a new kind of validator nodes—“independent observer nodes”. These observer nodes observe the chain in real-time to filter any inconsistencies in the network. This original idea was published in 1982 by Turing award winning computer scientist, Leslie Lamport. The new algorithm to be implemented in Ethereum is Vitalik’s attempt to reformulate Leslie’s algorithm in a simplified form. The new algorithm adds one’s own signature as a bump on the timeout of a message. This ability guarantees that an honest node saw the message on time. This can ensure that every other node sees the message on time as well. The definition of on time increments more than the network latency with every added signature. On implementation, the algorithm will render 51% attacks useless. What are the benefits? Ethereum developer, Conrad Barski states that there are several benefits of introducing this new protocol: “Usually, all blockchain consensus[algorithms] care about is what the validators (i.e. miners) of a chain do. Vitalik is proposing that if an independent observer of the network traffic (i.e. just the blockchain client a user is running, not a miner/validator) watches what’s happening in real time and pays attention to when messages appear, they can detect ‘foul play’ by miners performing a 51% attack and this can provide additional safety guarantees that can protect against such an attack. This is somewhat similar to how merchants are already checking for 51% attacks themselves, only Vitalik’s version is more large-scale and complex.” As of now, the Ethereum blockchain works on proof-of-work (PoW). This new protocol is expected to be set in action when Ethereum is shifted to proof-of-stake (PoS). The exact timeline for the PoS switch is not known, it might happen next year. In PoS, the more the number of coins/tokens a user has, the greater is his/her mining capacity. PoS will reduce the Ethereum reward by 80%; 0.6 ETH from the existing 3 ETH per block. With the implementation of this consensus network, Ethereum might become the most secure blockchain network in the public domain. You can read Vitalik’s paper for a detailed explanation of the implementation. Read next Microsoft Azure’s new governance DApp: An enterprise blockchain without mining How to set up an Ethereum development environment [Tutorial] Everything you need to know about Ethereum