Its the End of the Road for BZ Media

first_imgBZ Media, the Melville, New York-based entrepreneurial B2B publisher, has sold its flagship print brand, Software Development Times, and is in the process of selling off other assets—essentially winding down the company’s existence and divesting it brand by brand.The company, co-founded by current CEO Ted Bahr in 1999, sold its two-year-old drone-industry tradeshow to Emerald Expositions in March, but it will manage the 2017 event in September.Ted BahrIn an excerpt from a companywide memo written by Bahr that was posted on the company’s website, he wrote, “It’s been a terrific 17 years and we survived the Tech Downtown of 2001 and the Great Recession of 2008.”“It was—and will be for a while longer—a good place to work. It’s been a great ride and while it will be ending, you will all be well-equipped for your next great adventure,” Bahr added. Perhaps it’s only the end of one B2B media company, an individual decision by an individual owner looking to convert equity to wealth. Or perhaps it’s an indication that the old days of B2B media are over — a once-relatively straightforward business transformed beyond recognition by new technologies and different approaches. What’s certain, though, is that Bahr and his co-founder, Alan Zeichick (who left the company in 2013), were among the higher-profile examples of entrepreneurial B2B practitioners — learning their craft at big companies and striking out successfully on their own.In conversations I had with Bahr even in very recent years, he remained a proponent of print media and SD Times, calling himself the “Last Samauri.”“We have successfully produced a print publication — our flagship, SD Times — many years after all of our competitors have folded,” Bahr said in the memo, which in several parts sounded like a valedictory. “The company has hired and nurtured nearly 100 people over the years, providing jobs and new skills while generating more than $30 million in incomes. BZ Media paid nearly $2 million in healthcare premiums and more than $2.5 million in payroll and social security taxes — all of this came from nothing.”Software Development Times and related digital properties were sold to D2 Emerge, a new company formed by two BZ Media veterans. The principals are David Lyman, former vice president of sales for BZ Media, who is now the CEO of D2 Emerge, and Dave Rubinstein, former editorial director of BZ Media, who takes over as executive vice president.“I am thrilled that SD Times has been bought by the team most responsible for making the publication what it is,” Bahr says. “ This is a win-win for everyone involved as most of the staff is able to go with the publication and digital assets and focus on and grow them.”Divesting a traditional media brand is a hit-or-miss proposition these days. It’s telling that BZ Media is being divested in parts, and that the acquirers are senior managers from the flagship BZ Media brand. But Bahr is nevertheless bullish. “For years I had been told by my peers in the industry that my print magazine, SD Times, would be valued at zero by potential buyers,” he says in a press release issued by the deal broker, Corporate Solutions LLC’s Nick Curci. “Boy, were they wrong. We conducted an auction with 36 interested parties and four strong bids. We accepted the highest bid.”“We are excited to be taking over the strong SD Times title and brand, and look forward to maintaining the magazine’s leading position in the software development sector while growing our subscriber base and expanding our print and digital footprint,” says Lyman, who will also retain his position as publisher of the magazine.“As we’ve been publishing SD Times for such a long time, we understand the market and the needs of our readers and advertisers,” says Rubinstein, who will serve as COO and editor-in-chief of SD Times. “Our mission remains to provide articles that give our readers the information they need to keep up with the fast-changing development landscape, and to give our advertisers multiple platforms to put their messages out to our readers.”last_img read more

Stranger Things 3 turning Netflix ratings records Upside Down

first_imgAccording to Netflix, that 40.7 million viewership number is more than any other Netflix film or series earned in its first four days. Recently, the network announced that the Adam Sandler-Jennifer Aniston movie Murder Mystery was watched by over 30 million accounts worldwide in its first three days. What are the chances of that coveted season 4? Seems likely, considering how much of a ratings phenomenon and critical darling the 1980s-set sci-fi-horror show has become. See all the Stranger Things season 3 photos Fans were less impressed with the ratings, and more insistent the network confirm an expected fourth season is on its way.  Wrote one Twitter user, “Now confirm season 4 and DON’T MAKE US WAIT AN ENTIRE TWO YEARS FOR IT THIS TIME.” .@Stranger_Things 3 is breaking Netflix records! 40.7 million household accounts have been watching the show since its July 4 global launch — more than any other film or series in its first four days. And 18.2 million have already finished the entire season.— Netflix US (@netflix) July 8, 2019 TV and Movies Stranger Things season 3: Rad ’80s details you might have missed Watch the Stranger Things cast play their own video game Stranger Things season 3: Our biggest WTF questions Okay now confirm season 4 and DONT MAKE US WAIT AN ENTIRE TWO YEARS FOR IT THIS TIME— 🤡 (@elhopperisbaby) July 8, 2019 Tags The Stranger Things cast has earned an ice-cream cone or 40 million. Netflix If you’re eager to spill Stranger Things season 3 spoilers, take heart. More than 18 million people out there are ready to talk.According to a Monday tweet from Netflix, more than 40 million household accounts have been watching the show since its new season debuted on July 4, and 18.2 million have already watched the whole season. 4center_img Stranger Things season 3: Everything to know Netflix 59 Photos Comments More Stranger Things Share your voice 2:33 Now playing: Watch this: As of press time, there was no word on a fourth (or fifth) season, but David Harbour, who plays police chief Jim Hopper, told CNET Magazine in 2018 that the series would as least go to four seasons.”We’re either going to season 4 or season 5,” Harbour said at the time. “It’s still being debated. I do know the arc of the story, though. This was something that I discussed with [show creators] the Duffer brothers right from day one.”last_img read more

Despite GOP Congress DC Statehood Commission Moves Forward

first_imgWhile it looks unlikely that the residential and commercial areas of the District of Columbia will become the state of Washington, D.C. during the Republican-led U.S. Congress, the city agency charged with getting statehood is moving forward undeterred.On Dec. 6, the D.C. Statehood Commission held its last meeting of the year at the John A. Wilson Building, including D.C. Mayor Muriel Bowser (D), D.C. Council Chairman Phil Mendelson (D), D.C. Statehood Sens. Paul Strauss (D) and Michael Brown (D) and D.C. Statehood Rep. Franklin Garcia (D).Bowser said legislative activity on Capitol Hill makes the need for statehood for the District critical. “It is important that the work in front of us proceeds,” the mayor said. “In recent weeks, there has been substantial legislation that has been passed in the Congress and we have not had a voice. Tax reform has passed both houses and it is unclear what the impact on D.C. will be. Our congresswoman didn’t have a vote in the House and there is no voice or vote in the U.S. Senate from D.C.”While the residents of the District pay federal taxes and have to honor obligations of citizenship such as being drafted into the military in a time of war, the city is represented by a delegate, who can serve and vote in committees but cannot vote on the House floor. The delegate is Democrat Eleanor Holmes Norton, a member of the U.S. House of Representatives since 1991.Bowser said the Senate’s tax reform plan “will benefit the one percent and raise taxes for the middle class.”“Does their tax plan work for D.C.,” she said rhetorically. “We should have a vote on those deliberations.”Beverly Perry serves as a senior advisor to Bowser and is charged with working with the D.C. Statehood Commission. Perry said there is progress on Capitol Hill for statehood.“Congresswoman Norton has 141 co-sponsors for her statehood bill and in the Senate, Sen. Tom Carper (D-Del.) has 20 co-sponsors,” she said. Norton introduced the “Washington, D.C. Admission Act of 2017” and Carper has brought forward companion legislation in his chamber.Perry outlined the states she and her staff are focusing on for statehood support. “The states that we are targeting for D.C. statehood support are Arizona, Washington, Alaska, New Mexico, Illinois, Indiana, Maine, Georgia, South Carolina and New Hampshire,” she said.Perry’s staff reviewed extensive data to determine the target states.  In addition, Perry plans to ask local organizations to reach out to their national memberships to support statehood and establish a speaker’s bureau.She also noted that the District gets 20 million visitors each year and said that they are ripe for persuasion on statehood. “We will have statehood education kiosks at Union Station and at Reagan National Airport,” she said. “Also, we are planning on having signs that show the actual boundaries of the state of Washington, D.C.”While the members of the commission were satisfied with the work of Perry, there was still frustration that the statehood effort hasn’t caught on with some people. “I am angry and I think we should all be angry,” Brown said, voicing his anxiety at the media and residents who don’t show up for statehood strategy meetings.Brown said the $75,000 budget he works with is inadequate, given that he has a website and a radio show dedicated to the cause. Strauss said that celebrities such as comedian Dave Chapelle have taken up the statehood cause and that the movement is a member of the Unrepresented People’s and Nations Organization, which recently voted to support statehood.Garcia said that while reaching national and international audiences is great, he said local support is critical as well. “We need to make sure that D.C. statehood means something to the common D.C. citizen,” he said.last_img read more