Tuesday, June 15, 2010

Next Issue Media names its CEO; former TiVo exec, Morgan Guenther, will lead media joint venture

The joint venture of Condé Nast, Hearst, Meredith, News Corporation and Time Inc., Next Issue Media, has named Morgan Guenther as Chief Executive Officer.

Next Issue Media was organized to launch a digital storefront and other products to allow the media companies to offer their old media publishing products in the new mobile and tablet media environments. The question will be whether the new ventures efforts will be deemed irrelevant in a digital media world dominated by Apple, Google and other tech companies that are delivering new media devices.

“Next Issue Media is well positioned to create and deliver incremental business opportunities to the magazine and newspaper publishing world,” said the new CEO, Guenther, in a statement. “The potential for value creation across the entire industry ecosystem – including consumers, advertisers, publishers and distributors – is massive. Our task now is to execute on that potential, and I’m excited to be leading the charge here.”