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The acquisition will boost Condé Nast's digital revenues and offer opportunities to launch more live events.
The future of traditional television, Hastings says, is in airing more live events, which attract higher advertising rates.
Brock Lesnar has been booked for more live events and television tapings in the upcoming months, which demonstrates that WWE is trying to compensate for all the injuries.
BBC Worldwide said that it will not be working on any more live events with Clarkson, Hammond and May in the future.
The channel is interested in televising more live events, having had success with Mr. Baumgartner's free-fall and with several special live editions of "Gold Rush" and "American Chopper".
Plans also call for a new online portal devoted to Thomas, more live events (look-alike trains steaming into cities across North America), and possibly a balloon in the next Macy's Thanksgiving parade.
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Sunday's show was a far more live event; a day of physical crescendos made by musicians working together, not by volume tweaks.
We definitely want to do more live event streaming though, possibly make it a monthly occasion.
As the world fragments more, these live events sort of have more of a premium to them.
Now his on-screen time revolves around The Big Interview, a show that is the result of Cuban repurposing his TV channel toward more live music events.
The BBC is likely to have to lose more live sporting events as it tries to find an additional £550m in annual savings, according to the chair of the BBC Trust.
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