Next in Media: Porfolio.com Relaunches under New Owner; Vibe Also Announces Relaunch

  • Portfolio.com relaunched today under a new owner from Conde Nast to American City Business Jounrals, with new content such as new blogs on the media industry and the business of health care and an interactive look at number in the news. [Portfolio.com]
  • Another recently-folded magazine will continue to live on digitally; Hip-hop magazine Vibe will relaunch as a Web-focused publications in the next few weeks under new owners InterMedia Partner's Uptown Media. The print edition will publish quarterly rather than monthly. [Wall Street Journal]
  • For the third time this summer, ABC scored the lowest ratings last week in the 18-49 demographic than any other broadcast has ever received, averaging a 1.1. rating. [NYTimes.com/Media Decoder]
  • Us Weekly has become one of the few magazines expanding during this economy as it gets ready to publish a special, advertising-less bookazine Us Hair on Aug. 21 [WWD]
  • Michael Lock, a recently laid off Time Inc. employee, is launching a hyperlocal site called My Little O, which will cover the Fort Greene/Clinton Hill area of Brooklyn, with plans to expand it into a network of news sites. [Folio:]
  • MTV will launch a slate of new scripted and reality series, including its first single-camera comedy series, "Hard Times," and an Ashton Kutcher-produced extreme reality show "American Idiots" [Hollywood Reporter]

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