Felix Dennis—entrepreneur, founder of Maxim, publisher of the Week, poet, author and, depending on who you believe, would-be murderer—has a new book out. It’s called How to Get Rich—an unlikely entrant into the frothy, cluttered self-help/motivational category.I recently conducted a wide-ranging interview with Dennis on the state of the magazine industry, and his place in it, which will be published on FOLIOmag.com later this week.In the meantime, here’s a somewhat juicy excerpt about a deal Dennis is trying to close—buying the rights to a “well-known” American magazine. Apparently, he’s just hammering out the terms of what he calls “schmuck insurance.” FELIX DENNIS: I’m sorry we had to delay this call. We’re in the middle of a deal.FOLIO:: Oh you are?DENNIS: Yeah we are.FOLIO:: Can you discuss it at all?DENNIS: We’re trying to buy the worldwide rights of a well-known American magazine while leaving the North American rights with the parent company. Obviously, because there are no contracts, I can’t tell you what the magazine is but we’re busy doing that. We sort of think it’s a win-win for everybody. This is a big company, a sensible company, but they do not engage in much worldwide activity. They’ve got a good title that will do well in places like India, China, Russia. But they need someone to go and do it. And we’re not going to do it unless we own it. And that means shared ownership. And it has happened before. I still share ownership of Computer Shopper, if you can believe it. Computer Shopper’s made tens of millions of pounds over the years. I own the rights to Computer Shopper in Britain and elsewhere. Yet the North American rights were held for years by Ziff Davis. I honestly don’t know if it’s still published over there or who owns it. So that did work. And then there was Stuff, which I launched after Maxim here. And I only had the North and South American rights to do that, because I had sold Stuff worldwide to a company in Britain called Haymarket who are big publishers over there. So they published Stuff all the way around the world, and I published it here in America.FOLIO:: Well, you’ve got my wheels spinning now.DENNIS: You won’t be able to guess, I promise you. Well, I don’t think you will at all. It’s one you wouldn’t expect me to be involved in. But then I have published a very wide variety of magazines. And it’s a perfectly respectable and totally tedious magazine in a way. It’s not one that will get your juices going. It’s just that I know the magazine does well here—very well, and has a lot of money over the years. And it’s in an excellent market, that is, it’s not in a declining market. And it would just do well around the world if money was invested in it abroad. And not only in its paper form, but in its electronic form and its digital form around the world. And it needs that investment. So we’re hoping to be able to eventually conclude a deal.FOLIO:: What’s the timeframe?DENNIS: I would expect this deal to be signed within the next two months. I suspect the American parent company will insist, and I suspect rightly, that if we flip this magazine within the next five or ten years, that if we sell it off for a huge profit, that they get a piece of that, even though they’ve sold it to us. I believe that in American hedge fund parlance, and in venture capitalist parlance, this is called ‘schmuck insurance.’ [Laughs] So they don’t look like a schmuck. [Laughs.] I love that term—I had never heard it before. So that’s what we’ve been busy doing.[EDITOR’S NOTE: The full interview with Dennis will be published on FOLIOmag.com later this week.]
The representative adds that the cuts were strictly on the editorial side, and HelloGiggles will continue to maintain a New York-based sales team. This is a developing story. Was just laid off from the job I moved to NYC for, so if you have any editing / writing leads, please let me know. Please RT. Email in bio. — Sammy Nickalls (@sammynickalls) July 8, 2016 Just laid off from my job with the rest of the NYC office. Any editing or writing ledes, hit me up. In the wake of news, leaked last week, of a potential reorganization looming at Time Inc. that would place further emphasis on social media, video, and events, the layoffs at HelloGiggles are most likely a bid to streamline the brand’s operations by centering them in Los Angeles, rather than an indication that Time Inc. is backtracking on its significant digital investments, which also include xoJane and xoVain, Fansided, Viant, The Drive, and Extra Crispy. — Jessica Wakeman (@JessicaWakeman) July 8, 2016 Co-founded by actress Zooey Deschanel in 2011, HelloGiggles was purchased by Time Inc. for as much as $30 million last October amid a string of digital acquisitions by the legacy publisher. The site receives around 16 million unique monthly visitors, most of whom are female and between the ages of 25 and 34. HelloGiggles, the women’s lifestyle and entertainment site purchased by Time Inc. last year, has laid off several editors in its New York office, according to multiple sources. “There was a small editorial reorganization at HelloGiggles,” a Time Inc. spokesperson tells Folio:. “We’re constantly evaluating the ways we can be more efficient. As an L.A.-headquartered operation, this realignment creates editorial efficiencies for us.” Representatives for Time Inc. wouldn’t provide details on the number of staffers cut, but sources familiar with the situation tell Folio: that all of the brand’s New York-based editors were let go. The HelloGiggles masthead lists 16 editors split between offices in New York and Los Angeles, including several who confirmed their departures on social media.
A khadem (caretaker) of a mazar (shrine) was slaughtered by miscreants at Hatgaon area in Sonaimuri upazila of Noakhali on Wednesday night, reports news agency UNB.The deceased is Sona Miah, 65, a Khadem (caretaker) of Afzal Shah Mazar (shrine) at the area and hailing from Madaripur district.Police have arrested two men in this connection.Md Shamsuzoha Mojnu, a resident of the Afzal Shah Mazar bari and member of Nodna union parishad said three youth went to the mazar as the devotees around 8:00pm. They entered the mazar and talked with Sona Miah for some time .Later they took Sona Miah to an orchard (garden) adjacent to the mazar and stabbed him indiscriminately, leaving him slaughtered.Hearing the screaming of Sona Miah, his wife and locals went to the spot to rescue him and spotted him dead.Locals saw the attackers trying to flee the scene but they managed to hold an attacker, Ilias Hossain, a resident of Shaktola village of the upazila. Other two attackers managed to flee the scene.Getting information from Ilias in primary interrogation, locals also held another attacker, Sumon, 40, of the area.Later the locals handed them over to the police.Jahirul Islam, Additional Superintendent of District Police said the motives behind the killing could not be confirmed immediately.
Jatiya Oikya Front leaders at the rally at Suhrawardy Udyan on Tuesday. Photo: Prothom AloOpposition coalition of Jatiya Oikya Front on Tuesday made a final call on the Awami League government to accept 7-point demand including poll-time administraion and release of BNP chief Khaleda Zia.Or else, the Front leader told a city rally, they would launch a movement to realise their demand for holding free, fair and credible elections in the country.“We will hold a road march toward Rajshahi (city) on 8 November unless our demands are met during the dialogue tomorrow. We will then hold a rally the next day,” BNP secretary general Mirza Fakhrul Islam Alamgir said at the Suhrawardy Udyan rally.The BNP leader, who chaired the Front’s rally, announced a set of programmes a day before the Front’s scheduled talks with Awami League president, prime minister Sheikh Hasina at Ganabhaban on Wednesday (7 November).Unless the Front’s demand for delaying announcement of the election schedule is accepted, the Front will also hold a road march towards the Election Bhaban in Dhaka, said Mirza Fakhrul.A section of the leaders and activists in the Oikya Front rally in Dhaka on Tuesday. Photo: Prothom AloThe commission has said it would announce the polls schedule on 8 November, rejecting the possibility of deferring the announcement.The BNP secretary general also said the Front leaders will also hold rallies in Khulna, Barishal and Mymensingh cities.Kamal Hossain, the leader of the Front, said the government would not be able to stop the people’s movement only by creating barriers to movement of transport.Criticising the present government for the attacks on and fictitious cases against the opposition leaders and workers, he pointed out that such activities cannot be done even by an elected regime.
Consumers must be at least 21 and have a government I.D. to enter and make purchases in cannabis establishments.Consumers are limited to a daily purchase of no more than one once of cannabis flower per day, five grams of cannabis concentrate, 16 ounces of marijuana infused edibles or 72 ounces of liquid cannabinoid products.Consumers cannot ingest marijuana in public places, including sidewalks, roadways, schools and parks.Consumers will be able to purchase products online for delivery to a residential address.Consumers are prohibited from smoking at any workplaceConsumers will be taxed 17 percent for cannabis at the point of sale.Cannabis vendors would also have more opportunities, but with rules and regulations.-For a six-month period, vendors who already have medical marijuana licenses will be first to receive applications for licenses for off-premise retailers and cultivators.– Vendors will be offered five types of licenses, which will be valid for three years and renewable based on demand. The license types include: cultivator, manufacturer, distributor, off-premise retailer and testing facility.– 60 percent of ownership and 60 percent of employers must be D.C. residents.– Vendors must solicit feedback from the public and ANC’s during the application process.– A seed to sale tracking system will be created– D.C.’s medical marijuana program will continue– The Alcohol Beverage Regulation Administration (ABRA) will regulate cannabis sales and be renamed the Alcohol Beverage and Cannabis Administration (ABCA).This change comes on the heels of the District opening up medical marijuana dispensaries to patients who are from most states where it’s legal.Last Thursday, Bowser announced that she is permitting more non-resident, medical-marijuana patients to use their cards for access to purchase and consume their medicine. This ruling allows the District to recognize the cards of residents from 27 states, which is an expansion from previously honoring patients from 19 states. Safety was at the forefront of this ruling as well.“This emergency rulemaking is patient-centric,” said Mayor Bowser in a statement. “It ensures medical marijuana patients from other states can obtain their needed medicine. It will also promote public safety by allowing visitors to obtain their medicine at one of the District’s six – soon to be seven – authorized dispensaries rather than forcing them to go without or patronizing the illegal market.”The new states recognized include: Alaska, Arizona, Arkansas, California, Nevada, New Mexico, New York and Vermont. Other states, including: Louisiana, Minnesota, Oklahoma and West Virginia, are under review.Residents with medical cards from Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Montana, New Hampshire, New Jersey, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island and Washington State are already recognized. By Micha Green, AFRO Washington, D.C. Editor, email@example.comThe pot possession to prison pipeline has historically affected communities of color and become another factor in inequities faced, but now District of Columbia Mayor Muriel Boswer is emphasizing the need for marijuana legalization and law reform with her campaign #SafeCannabisDC.“It’s time to legalize marijuana. For years, marijuana possession has been a pipeline to prison for people of color. We must replace that pipeline with jobs, equity, and pathways to prosperity,” the mayor wrote on Twitter while promoting a petition for the Safe Cannabis Sales Act.District of Columbia Mayor Muriel Bowser is pushing for marijuana legalization. (Courtesy Photo)The Safe Cannabis Sales Act of 2019 builds on Initiative 71, which decriminalized marijuana usage in Washington, D.C., and institutes a legal sales and tax program in order to create a safer environment, while also offering clarity on cannabis usage and products. In addition, the SAFE Cannabis Sales ACT was also introduced to promote and ensure justice and equity, so that the benefits of a legal sales and tax regime could go towards assisting and boosting, versus historically harming, vulnerable communities. The slogan for #SafeCannabisDC is “Safety, Equity, Clarity.”With #SafeCannabisDC the sales and purchase of marijuana would be tracked and taxed, and comes with rules and limitations building on current cannabis laws. If passed, the Safe Cannabis Sales Act would offer more latitude in how residents can purchase marijuana- with restrictions of course.
It is the government’s duty to protect the
Recently concluded was an art exhibition by 75-year-old artist Pushpa Bagrodia, who for the first time exhibited her exploration with charcoals in aptly titled ‘Shwet-Syam’. The artist had been majorly known for her water-colours. The show, presented by Creativity Art Gallery and curated by Uma Nair was held at Lalit Kala Akademi.The chief guest of the inaugural evening was eminent singer-actor-musician and Padma Shri recipient Shekhar Sen, known for his mono-acts on Kabir and Vivekanand apart from other historical and mythological figures. Also Read – Add new books to your shelfThe artist smiles and says, “Everyone has been asking why I chose to draw with charcoal, but actually there isn’t any specific reason behind choosing charcoal. From the beginning I have loved the monochromatic combination, so this time I experimented with charcoal and created several works. There are a few works which I love a lot – there’s this 9X15 sketch of single feather. Once I saw it lying on the ground, and the sight was so beautiful that I couldn’t resist making a drawing.” Also Read – Over 2 hours screen time daily will make your kids impulsiveMost of her sketches are inspired by nature, as one could see flowers and leaves in all the frames, but one sketch looked like a monochrome photograph rather than the usual floral wonders! Talking about that drawing she says, “I tried clicking a photo form a moving car to see how it appears to be. Since it looked quite interesting to me I made a drawing out of it.” This unusually beautiful sketch of her seems to be that of a moving picture, quite an unusual moment to capture on the canvas. Inspired by her love for nature, various plants, bonsais and chirps of birds and bees, the artist created some dream like charcoal works displaying a little paradise during the exhibition. Uma Nair writes, “These charcoals that brim on the dominions of both reality and imagination defines Pushpa as a silent sage, sitting and filling silent brisk strokes onto her white sheets of paper that mirror the open celled, ledges of nature’s moods and meanderings through the leaves shrubs and flowers perhaps presiding over twenty thousand intimations in the mind and hand of a lover of nature. This was my first attempt at charcoal.””It feels very good when a stranger comes up and says, if you can paint this well at this age, then why can’t we?” expressed Pushpa Bagrodia, when asked about her experience at the exhibition.
Advertisement Last month, Facebook-owned social messaging platform; WhatsApp was reported to be testing verified profiles and other business-oriented features with the beta version of its Windows Phone app. Now, according to new reports, the company has announced that it is introducing verified business accounts to the app in order to increase the convenience with which users are able to communicate with the businesses.The company clarified that WhatsApp business verification is currently limited to a small number of businesses that are currently participating in a pilot program.WhatsApp in a statement said that some business accounts have already been verified and that if you see a green badge next to a contact’s name, it means that WhatsApp has confirmed that the phone number of this contact belongs to a business account. – Advertisement – “WhatsApp will also let you know when you start talking to a business via yellow messages inside a chat and there is no way to delete these messages from the chat,” WhatsApp writes in a statement.One other thing the company pointed out is that if you already have a business’s phone number saved in your address book, the name you will see is the name you have saved in your address book. However, in case you didn’t save the phone number in your contacts, you will see the name that the business chose for its own self inside the app.Also, in case you don’t want any business to bother you on WhatsApp, you will always have the option to block them, just like any other contact.WABetaInfo, which first spotted the feature shared a screen shot of Android’s latest beta app – on how users will be able to view a business account and the information that is available.As per the report, WhatsApp has updated its servers to improve the synchronisation of your contact numbers. In case there is a business contact in your address book, it reportedly will not download that contact again.The report also mentions that the new “Business Info” section, will come with information like the address, name, mail address, and its website.In case the business has an account on Instagram, you will also be presented with the link of that profile as well.[related-posts]