Home (RealSimple.com executive editor Laura Schocker and Coastal Living editor Steele Marcoux) “It is clear that we have a greater impact and reach by working as a more unified digital team, especially at a time when so much of our audience now consumes our content in ways that defy brand boundaries,” wrote Murray in the memo. Travel & Luxury (Travel + Leisure digital director Miles Stiverson) It’s the continuation of a movement that’s been taking hold within the company for some time now, aimed at driving efficiency by maintaining separate brand identities — for instance, People, Sports Illustrated, or Entertainment Weekly — but also identifying and cross-promoting content that might be suitable for multiple audiences. In a memo to staff provided to Folio:, chief content officer Alan Murray officially revealed today the formation of ten digital desks based on ten different topical beats. Each desk will be staffed by one of Time Inc.’s editors, who will seek to aggregate and coordinate content across multiple Time Inc. brands. The shift began in July, when Time Inc. consolidated business-side operations, eliminating individual publishers to more easily sell and market across titles, but to this point editorial has largely been left unaffected. “While most routine assignments will continue to be handled within the brands, it will be the role of the desk leaders to ensure that we are collaborating in real time, quickly seizing opportunities to win in social and search and steering our collective resources where we can have the most impact,” added Murray in the memo. “We will track our growth not just across brands but also across the desks.”More on this topic Time Inc. Unifies Sales Force, Eliminates Publishers Jen Wong Named COO of Time Inc. Time Inc. Names Jennifer Wong New Head of Digital Updated: Dozens More Staffers Cut at Time Inc. Time Inc. Launching ‘Digital Desks’ and Streamlining Production Time Inc. Splits Titles into Four Groups, Reveals Editorial LeadershipJust In This Just In: Magazines Are Not TV Networks Editor & Publisher Magazine Sold to Digital Media Consultant TIME Names New Sales, Marketing Leads | People on the Move Meredith Corp. Makes Digital-Side Promotions | People on the Move PE Firm Acquires Majority Stake in Industry Dive BabyCenter Sold to Ziff Davis Parent J2 Media | News & NotesPowered by Health (Health.com executive editor Theresa Tamkins) Entertainment (EW.com editor Christopher Rosen) Style & Beauty (People style and beauty director Andrea Lavinthal) Food (Cooking Light and MyRecipes digital director Stacey Rivera) As Time Inc. continues to shift resources toward its growing portfolio of digital media brands — whose unique monthly visitors now outnumber Twitter’s — the publisher has revealed a major retooling of its editorial structure. Additionally, Edward Felsenthal will provide oversight of the News, Technology, Food, Health, Home, and Travel desks, while Will Lee will oversee Beauty & Style, Celebrity, Entertainment, and Sports. Both were already group digital directors prior to today’s announcement, leading digital efforts across several titles. News (Time news director Dan Hirschhorn) Sports (Sports Illustrated digital editor Mark McClusky) The ten digital desks (and their leaders) are: Celebrity (People.com executive editor Sara Nathan) Murray adds that no reporters or editors are being removed from the titles for which they currently work, but instead will be asked to contribute to at least one digital desk in addition to their current duties. Technology (Fortune digital editor Andrew Nusca)
WILMINGTON, MA — Here are highlights from the Wilmington Police Log for Saturday, October 20, 2018:4 to 5 youths appeared to be playing hide & seek outside of Market Basket on Main Street. 2 of the youths were given rides home. The father of one of the youths picked up the other kids and his son. (2:44am)3 horses from 342 Chestnut Street were loose and running in the area. Horses were eventually returned to property. (12:15pm)A hit and run occurred in the Bank of America parking lot, with a vehicle receiving damage to its door. (1:16pm)Edin Isael Mejiahernadez (31, Lowell) was issued a summons for Unlicensed Operation Of A Motor Vehicle and Motor Vehicle Lights Violation. (6:34pm)(DISCLAIMER: This information is public information. An arrest does not constitute a conviction. Any arrested person is innocent until proven guilty.)——Like 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 firstname.lastname@example.org.Share this:TwitterFacebookLike this:Like Loading… RelatedPOLICE LOG for August 12: 2 Drivers Issued Summonses; Drone FoundIn “Police Log”POLICE LOG for August 21: Driver Issued Summons; Solicitors Going Door To Door Without Required PermitIn “Police Log”POLICE LOG for July 22: You Got In Trouble With The Law; 3-Car Crash On Middlesex Ave.In “Police Log”
Mutual funds (MFs) ended with net purchases of Indian stocks for the second consecutive day on Thursday, after remaining net sellers for five straight days ending Sept. 12. The combined net purchase of Indian equities by MFs was about Rs 401 crore (Rs 256 crore on Thursday and Rs 145 crore on Wednesday).The two days of share purchases exceeding sales resulted in MFs narrow their net sale position, coinciding with a volatile trend during the week that saw a roller-coaster ride for the BSE Sensex.In September (till 15), MFs bought shares worth Rs 12,103 crore, but disposed off stocks worth Rs 12,540 crore, resulting in a net sale position of Rs 436 crore.In contrast, foreign institutional investors (FIIs) were net sellers of Indian equities worth Rs 473 crore on Thursday, though they bought stocks worth Rs 660.59 crore on a net basis on Friday, the day the BSE Sensex closed 186 points higher at 28,599.The secondary market is also getting touch competition from the primary market with a slew of initial public offerings (IPOs), besides debt instruments. While L&T Technology Services and GNA Axles saw oversubscription of 2.54 times and 54 times, respectively, India Inc. is also wooing investors with fixed income return options such as non-convertible debentures (NCDs).Two recent companies that offered steady return instruments were Indiabulls Housing Finance and Dewan Housing Finance (DHFL).Between June and Sept. 15, firms have raised about Rs 18,350 crore via the NCD route, according to IPO tracker Prime Database.”The NCD market is doing well as the equity market is doing very well and people are booking profits and exiting,” Ajay Manglunia, executive vice-president and head fixed income at Edelweiss Securities, told the Financial Chronicle.”They want to keep this money in NCDs that ensure the safety of their capital and are also offering 9-10 per cent returns. Most of the NCDs that have been announced are from good companies with a strong business model,” he added.