Zimbio Expands Portfolio With Lonny Magazine Acquisition

first_imgLonny is a three-year-old online-only magazine that offers an interactive digital edition, frequent blog posts and can get as many as 30 million page views per issue, and 200,000 unique visitors per month, according to USA Today. Mamone says the title was launched after Conde Nast shuttered Domino in 2009, which had a total paid and verified circulation of 1.12 million in just the first half of 2008. “One of our favorites in the shelter category was Domino and some of that team had peeled off and started Lonny (after Domino shuttered),” says Mamone. “We’ve been following Lonny the last few years and we kept referencing back to Lonny when we were talking about the shelter category and what we would do with home decor. We had this interest in them all along—we’ve launched titles from scratch, like StyleBistro, which has been very successful for us. When you launch something from scratch you have no momentum so we thought it would be powerful for us as a company to go a different route with acquiring their company, brand and team.”The Lonny team will be maintained—one of the reasons Zimbio was attracted to the publication is because of its editorial staff, mission and vision. The New York-based Lonny was looking for a corporate transaction and strategic partner and Zimbio, which recently opened an East Coast office, was looking for a heighted presence in New York City. A Zimbio investor had mentioned Lonny was interested in a strategic partnership, and from there the deal took a total of two months to complete.“We both got excited about it and it happened pretty quickly,” says Mamone. Individuals can currently buy printed copies of Lonny by request, and Mamone says it is “possible” that the company could launch the title into the medium as a regular printed publication. For now, however, the focus is on expanding through other mediums.“Print isn’t the main focus for us, its on digital distribution,” says Mamone. “We look at Lonny and see an amazing editorial product with a keen eye for design. We’re not planning to change the editorial product much at all. We want to power it up with enhanced technology and increased distribution. We’ve built a proprietary publishing system and content management system, and we’ll be enabling the team with that technology. We want to bring Lonny to the iPad, onto more mobile platforms and bring them into 2012. We think if we can expose it to more people they’ll love it.”There isn’t a strategy in place as of right now, or launch date, for when Lonny will come to the iPad, the Apple Newsstand or to mobile devices. Eventually, says Mamone, there will be a push to get on all devices. “We just think technology needs to be updated and distribution needs to be expanded so more people can read the magazine,” he says. “As you gain audience, the business looks a lot stronger.” Zimbio Inc., parent company of Zimbio.com and StyleBistro.com, has a network that reaches an audience of more than 30 million global monthly readers across the fashion, beauty, celebrity and entertainment industries. The company will now be expanding into the interior design market with the acquisition of the home decor publication Lonny magazine.“Zimbio focuses on lifestyle media categories,” says Tony Mamone, CEO of Zimbio. “We were looking to expand into additional categories and the shelter or home decor category looked really appealing to us. There is a general lack of accessible, yet inspiring home decor coverage. There’s a lot of high-end coverage, there are some emerging brands covering lower-end DIY stuff, but there’s not a lot of stuff in the middle. We see this as a big opportunity.”Terms of the deal, says Mamone, will not be released.last_img read more

What To Expect At Wilmington Polices National Night Out On August 6

first_imgWILMINGTON, MA — The below announcement is from the Wilmington Police Department:National Night Out is a community-building campaign that promotes police-community partnerships and neighborhood camaraderie to make our neighborhoods safer, more caring places to live. At the Wilmington event, we have representatives from not only the WPD, but also from local, county, state, & federal law enforcement agencies on hand to speak with community members and explain each of their agency’s role.National Night Out 2019 will be held on Tuesday, August 6, 2019, from 5pm to 8pm at Rotary Park, located across the street from the Wilmington Public Safety building. We will have police & fire vehicles displays, equipment displays, demonstrations, crime prevention information, food, & bouncy houses.The following agencies are scheduled to be present:Wilmington Police DepartmentWilmington Fire DepartmentFederal Bureau of InvestigationBureau of Alcohol, Tobacco, & FirearmsUnited States Postal Inspection ServiceVeteran’s Affairs PoliceFederal Reserve PoliceMassachusetts State PoliceMassachusetts Environmental PoliceReading Police DepartmentMassachusetts National GuardLike Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedREMINDER: What To Expect At TONIGHT’S Wilmington Police’s National Night OutIn “Police Log”5 Things To Do In Wilmington On Tuesday, August 6, 2019In “5 Things To Do Today”VIDEO: Watch Highlights Of Wilmington Police Department’s National Night OutIn “Videos”last_img read more

India Signs Trade Agreement in Services and Investments with ASEAN

first_imgIndia signed the long-pending Free Trade Agreement (FTA) in services and investments with the 10-member Association of South East Asian Nations (ASEAN). The agreement will ease the movement of professionals and increase investment with the 10 nations in the bloc for IT and other professional sectors.The deal, scheduled to be signed on 26 August by Nirmala Sitharaman at Nay Pay Taw in Myanmar, was cancelled due to the launch of the inclusive banking scheme, Jan Dhan Yogana, for which she was in charge, reports Livemint.”India signed the deal because it had to. I could not be present at Myanmar during its signing because of a genuine concern. Every member had signed it then, except the Philippines. However, the agreement was sent to us last week and we signed it today (Monday). It will have to be ratified by Parliament,” Business Standard quoted commerce and industry minister Nirmala Sitharaman.A senior commerce department official said that even though India had inked the deal, a final call on this would be taken during the India-Asean summit scheduled for November in Myanmar, which will be attended by Prime Minister Narendra Modi along with other heads of government.ASEAN members includes Singapore, Malaysia, Thailand, Myanmar, Vietnam, Indonesia, Philippines, Brunei, Cambodia and Laos. Philippines, which did not sign the deal is expected to do so once it completes domestic procedures. Although India’s FTA on goods was ratified in 2010-11, other members of ASEAN have not yet signed the FTA. Following the agreement on goods, the Indian government has recently recorded a decline in exports to the region while imports from Singapore, Malaysia, Thailand and Indonesia continue to surge.Under FTA in goods, India has agreed with the ASEAN nations to raise import tariffs on more than 80% of traded products by 2016. “The services agreement will open up opportunities of movement of both manpower and investments from either side between India and ASEAN,” an official told The Times of India.Important aspects of the deal include: domestic regulations, recognition, market access, national treatment, joint committees on services, review, dispute settlement and denial of benefits.last_img read more

As Puerto Rico Braces For Storm DHS FEMA To

first_img Carlos Giusti As Puerto Rico Braces For Storm, DHS, FEMA To Move $271… by NPR News Claudia Grisales 8.27.19 8:12pm As a major storm heads for Puerto Rico, the Department of Homeland Security and its Federal Emergency Management Agency said Tuesday they will move $271 million in funds to support President Trump’s border enforcement efforts. The Department of Homeland Security said it will transfer the emergency funds — including $155 million from FEMA’s disaster relief fund — to support new Immigration and Customs Enforcement detention beds as well as facilities for related court cases, according to documents obtained by NPR. In a July notification to Congress about the transfer, DHS said the $155 million comes from recoveries of prior year funds and that “absent significant new catastrophic events” the department believes the fund will still have enough money to operate.Congressional Democrats slammed the move on Tuesday, which comes at the peak of hurricane season and as Tropical Storm Dorian was poised to reach hurricane levels. “The Trump administration’s plan to divert money away from FEMA at the start of hurricane season to continue its efforts to separate and jail migrant families is backwards and cruel,” Senate Minority Leader Chuck Schumer, D-N.Y., said. “Taking these critical funds from disaster preparedness and recovery efforts threatens lives and weakens the government’s ability to help Americans in the wake of natural disasters. Congress appropriated these funds to meet the American peoples’ priorities and I strongly oppose this effort to undermine our constitutional authority.”DHS alerted Congress to the move in a 15-page notification dated July 26, which NBC first reported earlier Tuesday. The agency is required to give Congress a 30-day notice to the plans.Democrats, opposed to the move, waited to respond until the end of that notification period in hopes of delaying the costly action, a congressional source familiar with the plans said. “I have significant concerns about the intended use of funds, and consequently, about the tradeoffs between that use and activities that would otherwise be funded from the source accounts,” California Rep. Lucille Roybal-Allard, chair of a House Appropriations subcommittee, told DHS Secretary Kevin McAleenan in an Aug. 23 letter. Roybal-Allard said the the reprogramming was unnecessary and the Trump administration was overstepping its authority. She noted that DHS components such as the U.S. Coast Guard could be hampered by the move. She added she was concerned about implementation of the agency’s immigration enforcement operations, which often ignores its budget directives from Congress and lack transparency. She urged McAleenan to work with the House Appropriations Committee to restore their partnership.”I am greatly concerned that during the course of this administration, there has been a growing disconnect between the will of Congress, as represented by ICE funding levels in enacted appropriations bills signed by the President, and the Department’s Immigration enforcement operations, which often lack justification,” Roybal-Allard said. Sen. Jeff Merkley, D-Ore., also slammed the move Tuesday. “Once again, this administration is endangering America by moving funds away from emergency management for their extremist border agenda,” he said. “President Trump and his administration are not just endangering the lives of the children and families they seek to harm in the name of deterrence. By shortchanging preparedness, they’re endangering the lives of millions of Americans who live in hurricane zones as well.”The DHS notification to Congress expired on Sunday, the agency said in a statement Tuesday. The Department also defended the move, saying it is necessary to deal with the influx of migrants. “Given the rise of single adults crossing the border, ICE has already had to increase the number of detention beds above what Congress funded,” DHS said in its statement. “Without additional funding for single adult detention beds and transportation from the U.S. Border Patrol to ICE detention facilities, ICE will not be able to support the influx of migrants from U.S. Customs and Border Protection apprehensions.”In its notification, DHS cited “a security and humanitarian crisis on the southern border” and the “high volume of aliens presenting themselves at ports of entry or entering illegally … and being released into the interior of the United States while they wait sometimes years for a final resolution of their case.” The shift in the funds would help DHS address the “crisis,” the department says, under authority provided in the fiscal year 2019 DHS appropriations act. As a result, DHS said it will transfer funds from its FEMA disaster relief fund and other accounts to the new border effort. Of the overall $271 million total, the agency said it will move $155 million to establish and operate temporary Migrant Protection Protocol, or MPP, Immigration Hearing Facilities along the Southwest border. Another $116 million will be used to pay for new detention beds, the agency said. “MPP court docket backlogs will continue to grow and ICE will not be able to effectively and efficiently move single adult migrants between detention centers and courtrooms without the funding,” the agency said. “This realignment of resources allows DHS to address ongoing border emergency crisis by alleviating the surge along the Nation’s Southwest Border while minimizing the risk to overall DHS mission performance.”Supporters of the administration’s immigration policies say Democrats have left the administration little choice but to take this action. Jessica Vaughan, director of policy studies for the Center for Immigration Studies, who is in regular discussions with the administration, said the transfer of the funds is necessary because ICE is so over budget due to the border crisis. They have to find the money from somewhere because Congress hasn’t given them what it needs, she said. “ICE’s priority caseload is growing, but the Democratic majority in the House does not support the level of enforcement that they consider to be the bare minimum for public safety and maintaining the most basic integrity of the law,” she said.”The border influx has strained ICE capacity,” she said. “Under the law, their detention capacity is set by Congress. They have to balance the criminal cases, border cases and other priorities like worksite operations and fugitives. And on top of that some people are mandatory to detained, such aggravated felons and prior deportees.” Franco Ordoñez contributed to this report.Copyright 2019 NPR. 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