fashion-memopad
fashion-memopad

Zalaznick Says iVillage Not for Sale... Wintour Fashions a Few Answers...

Is iVillage for sale? Definitely not, according to Lauren Zalaznick, president of NBC Universal women and lifestyle entertainment networks.

fashion-memopad/news
NOT ON THE BLOCK: Is iVillage for sale? Definitely not, according to Lauren Zalaznick, president of NBC Universal women and lifestyle entertainment networks. While one investment banker said NBC “has been quietly shopping iVillage for the past three months,” Zalaznick told WWD Thursday that the site isn’t for sale, adding the chatter could be attributed to its sale of gurl.com to Alloy Media + Marketing. She also noted there are no plans for a consolidation of positions within iVillage. Yet later that day, NBC Universal unveiled massive layoffs as part of a $500-million cost-cutting exercise, which will include 17 people from the editorial, sales and technology divisions of iVillage. NBC Universal bought the site two and a half years ago for a reported $600 million, noting it would become the “centerpiece” of its digital strategy. For the month of October, iVillage had 15.4 million uniques and 107.6 million Web page views, according to Nielsen Online. A comScore MediaMetrix spokesman said that during October, iVillage had 21.1 million uniques, up 14 percent over last year and 180 million page views, down 22 percent.

— Amy Wicks
Page: 
  • 1
  • 2
Next »
VIEW ARTICLE IN ONE PAGE
load comments

ADD A COMMENT

Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
News from WWD
Newsletters

Sign upSign up for WWD and FN newsletters to receive daily headlines, breaking news alerts and weekly industry wrap-ups.

LatestPublications
getIsArchiveOnly= hasAccess=false hasArchiveAccess=false