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Nautilus to be acquired by an investor group of fans

nautil.us

51–60 of 63 posts

Re: Nautilus to be acquired by an investor group of fans

#51

Earlier quoted context omitted.

compared to the best known subscription success stories -- the NYT, WP -- it certainly seems significantly smaller. but i agree, that comparison isn't very valid, it's certainly a heavyweight amongst magazines.

Is WP WaPo or something else? WaPo went for only a few hundred million when sold. Economist around the same time was valued 3-5x more at $1B. Did WaPo turn things around that much? Economist is mostly owned by super rich elite families, so prestige would’ve entered what they paid too. But WaPo was purchased by Bezos so not likely he was super skimpy on the price (even being considerably “poorer” back then)

Yeah they did. After being bought by Bezos they made a number of changes that have been for the better. They've turned a profit over the last few years based on their growing subscriber base and their digital publishing business.

Of course they've built it all using AWS and I would love to learn more about how they leverage that platform.

Re: Nautilus to be acquired by an investor group of fans

#52

I spent $100 on subscriptions a couple Christmases ago. Never received any product nor was I able to get in contact with anyone at the company. Really turned me off since I was a big fan of their content and already had a yearly subscription.

I'm sorry you were not able to get through to us...or to get your magazines. Please send your details to me at john.steele@nautilusdigitalmedia.com and we will make it right.

thanks! just sent you an email :)

Re: Nautilus to be acquired by an investor group of fans

#53
Larry Summers, 71st Secretary of the Treasury, former Chief Economist of the World Bank, Charles W. Eliot University Professor and President Emeritus, Harvard University.

this is the guy who was just featured in that article on bill gates rubbing elbows with Jeffrey Epstein.

Re: Nautilus to be acquired by an investor group of fans

#54

Earlier quoted context omitted.

Is WP WaPo or something else? WaPo went for only a few hundred million when sold. Economist around the same time was valued 3-5x more at $1B. Did WaPo turn things around that much? Economist is mostly owned by super rich elite families, so prestige would’ve entered what they paid too. But WaPo was purchased by Bezos so not likely he was super skimpy on the price (even being considerably “poorer” back then)

Yeah they did. After being bought by Bezos they made a number of changes that have been for the better. They've turned a profit over the last few years based on their growing subscriber base and their digital publishing business. Of course they've built it all using AWS and I would love to learn more about how they leverage that platform.

I see. Interesting. I know WaPo used to do deals with Prime too.

Even with that, NYT has to be much bigger and their profit is only around 2x Economists. Economist is pretty big in most metrics.

Re: Nautilus to be acquired by an investor group of fans

#56
post #21

Earlier quoted context omitted.

This is one of those rare occasions that it might be worth your while to read the actual article...

Given numerous uses of the term, a modicum of specificity in the title would help. There are even multiple publishing-related instances. Though as a science fictional character myself, I'm partial to Vernes's. Which might make for an even more interesting story ;-) "Nautilus Magazine" being a good start. https://en.wikipedia.org/wiki/Nautilus_(disambiguation)

What else helps is not assuming you know the content of TFA from its title.

Re: Nautilus to be acquired by an investor group of fans

#57
post #56

Earlier quoted context omitted.

Given numerous uses of the term, a modicum of specificity in the title would help. There are even multiple publishing-related instances. Though as a science fictional character myself, I'm partial to Vernes's. Which might make for an even more interesting story ;-) "Nautilus Magazine" being a good start. https://en.wikipedia.org/wiki/Nautilus_(disambiguation)

What else helps is not assuming you know the content of TFA from its title.

I half suspect the original comment was a subtle dig at the ambiguity itself.

Re: Nautilus to be acquired by an investor group of fans

#58
I’m one of the new co-owners. All of us are longtime subscribers. This is about love for the magazine and its mission first and last. We’re not going to change Nautilus. We just want to get it into the hands of many more people. We do think we can navigate Nautilus to a sustainable place for the long haul; the market is there and the product is fabulous. We just need to operate it precisely and keep investing in great writing, editing, and art. Nothing fancy, just running it right and for the right reasons.

Re: Nautilus to be acquired by an investor group of fans

#59

Nautilus was good when they started but at some point they seemed to switch to the sort of frothy, inspirational pop-science-as-spiritualism dreck that belongs in Newsweek or Fox News, but with a tiny bit more depth

> inspirational pop-science-as-spiritualism This is the best description of this type of science writing I've encountered.

I heard the term somewhere, and when I read an article praising science that read suspiciously like the religious tracts that were forced upon me as a kid, I was done

Re: Nautilus to be acquired by an investor group of fans

#60

I’m one of the new co-owners. All of us are longtime subscribers. This is about love for the magazine and its mission first and last. We’re not going to change Nautilus. We just want to get it into the hands of many more people. We do think we can navigate Nautilus to a sustainable place for the long haul; the market is there and the product is fabulous. We just need to operate it precisely and keep investing in grea…

13 year old account with 13 karma. Wow!
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