Reddit debuts hilarious YouTube videos based on ‘Explain Like I’m Five’ subreddit

Reddit has launched new original web video series called "Explain Like I'm Five," based on the discussions of Reddit users in a 'subreddit' by the same name.

Wired switches leadership at Wired.com, underscoring the rise of digital media

Evan Hansen, the longtime editor-in-chief of Wired.com, is out, as new Wired magazine EIC Scott Dadich consolidates the online and offline arms of the brand.

Reddit seeking a new angels-only $1M funding round

Reddit is apparently raising a fresh round of funding that will help propel the site forward in its delicate pursuit of translating its popularity into profitability.

Wired magazine now bringing half its ad revenue from the web

Wired, one of the first big magazines devoted to technology and the Internet, generated half its ad revenue from the web in Q4 2012 -- a first for the magazine.

Style over substance? Wired hires design guru as new editor-in-chief

Conde Nast design VP Scott Dadich has been hired as Wired's editor in chief. And that could be a problem.

Condé Nast’s Ziplist brings your favorite recipes to Android and iOS (exclusive)

Ziplist, the startup that makes it easier to share and discover recipes, has launched its first set of features since being acquired for a reported $14 million by Condé Nast this April.

Condé Nast got only 3 percent of Flite, the digital advertising pioneer

The New York Times reports that the megapublisher received an 11 percent stake in return for its investment. This is incorrect; it turns out Condé Nast only has a 3 percent stake.

Wired and The New Yorker make their Flipboard streams less potent

Some of the most popular U.S. magazines are dialing down their efforts to publish content through Flipboard, reports Ad Age.

Flipboard is an ultra popular digital magazine app available on iOS and Android devices that places a publication’s content into …

Adobe adds time-saving and money-making features to tablet publishing suite

Adobe announced a handful of new features for producing, publishing, and promoting tablet publications created with its Digital Publishing Suite on Tuesday, including the ability to publish to the iPhone, tightly controlled sharing options, and a little something that could …

Funding daily: mobile payments, charitable giving, and flower delivery

At VentureBeat, we come across a lot of funding news every day. In order to bring you the most information possible, we’re rounding up the quick-and-dirty details about the funding deals of the day and serving them up here in …

Next Issue Media launches with all-you-can-read pricing model

Though digital magazine circulation has increased significantly in recent months, it remains a mere one percent of overall circulation, Ad Age reported last week. A group of five major publishers is hoping Next Issue Media, a company launching its full-feature …

StyleCaster to challenge Condé Nast with ‘Style as a Service’ ads (exclusive)

Fashion-focused media company StyleCaster will launch a proprietary ad platform in mid-January that will challenge Condé Nast, Glam Media and third-party ad networks, the company revealed today.

The new ad platform, dubbed Style as a Service, is a joint venture …

Condé Nast adds its entire lineup of magazines to the Nook

Publishing giant Condé Nast is making its entire lineup of magazines available on Barnes & Noble’s Nook Tablet and Nook Color, the company announced today.

The news follows Condé Nast’s success with digital sales on Apple’s new Newsstands platform. Previously, …

iOS Newsstand is a success for Condé Nast: digital subscriptions up 268 percent

Condé Nast’s weekly digital subscription sales increased 268 percent since Apple launched its Newsstand feature on iOS 5 earlier this month, the company revealed Tuesday.

Newsstand is essentially a collection of iOS applications from print publications. Newsstand appears as a …

Hyper-local business trade publication Street Fight closes funding (exclusive)

Street Fight, a trade publication geared toward businesses that focus on hyper-local deals, has closed an undisclosed funding round, VentureBeat has learned.

The publication covers businesses like AOL’s Patch, which reports on local businesses and news, and Groupon, which delivers …

Condé Nast spins off Reddit. “Nothing is off-limits,” says co-founder

Publishing corporation Condé Nast has spun off news aggregator Reddit.com into a fully-owned subsidiary that will operate autonomously from the company, the site announced today.

Reddit is still owned by Advanced Publishing, which owns Condé Nast, but Advance will not …

Reddit begins holiday shopping season early, acquires Redditgifts.com

News sharing social network Reddit has acquired Redditgifts.com, a popular independent gift exchange site created by Reddit community members, the company announced Tuesday.

Redditgifts is best known for organizing the world’s largest Secret Santa gift exchange and the mid-summer arbitrary …

New ‘Goings On’ app keeps you connected to The New Yorker for free

Just a week after The New Yorker announced it had the best iPad app sales of any Condé Nast publication, the high-brow magazine has launched a free way to stay connected without a subscription: its “Goings On” app for iPhone …