Pro Carton launches new home-schooling initiative, EduCarton

The New York Times today launched “The New York Times Travel Magazine 新视线.” The magazine will be published by Huasheng Media and circulated six times a year throughout mainland China. It will combine curated travel coverage and photographs from The New York Times, along with original local content. The Travel Magazine 新视线 will be distributed in Beijing, Shanghai, Xi’an and Shenzhen, among other cities, and available at newsstands, in bookstores and boutiques, as well as luxury hotels, high-end stores and airport VIP lounges. On the launch, Xuan Feng, the editor-in-chief of the magazine said, “Over the decades, the travel industry has rapidly grown in China and Chinese readers have shown that they want more in-depth travel stories as well as more immersive trips inspired by those stories.” Mr. Feng also serves as the editor-in-chief of T Magazine China. Click Read More below for additional detail.

The U.S. consumer magazine industry shrunk by more than 30% in the past five years, due largely to print advertising declines, per PwC data. The rate of decline is expected to slow slightly in the next five years, thanks to new efforts from online media companies to acquire and digitize traditional print brands. Why it matters: "If you make the right acquisition in the right vertical ... it can give you real scale that is meaningful and major clout in that vertical very quickly," said Jason Webby, chief revenue officer at Future.

A new report from Wiley (NYSE: WLY) suggests that generative artificial intelligence (AI) is already being used in the majority of college classrooms—and that number could climb quickly. The majority (58%) of college instructors who responded to Wiley’s recent survey say they or their students are already using generative AI in their classrooms, according to the company’s new report, Higher Ed’s Next Chapter, 2023-2024. And another third of those who aren’t say they’d consider using it in the future. More than 60% of instructors are somewhat or very familiar with generative AI tools. “The whirlwind that is generative AI has swept across our college campuses with remarkable speed, and there’s no going back,” said Smita Bakshi, senior vice president of academic learning at Wiley. “It’s important for college instructors to educate themselves and their students on effective and appropriate use of this new technology in the classroom.”