Eric G. Thorkilsen, Founder & Managing Partner
The
foundation of Eric’s extensive career is nearly 30 years
at Time Warner Inc, where he held senior domestic and international
circulation and publishing leadership positions across the company’s
leading brands,
including TIME, TIME International, People and Sports Illustrated. Most
notably, he was the creator and founding Executive of both Martha
Stewart Living and This Old House Ventures, which were the first brands
in the industry
to build successful multi-media platforms. With an industry vision and
leadership that led to a major paradigm shift, he created multiple
distribution
vehicles under individual brand umbrellas to deliver high quality
content and
products to consumers, and a compelling multi-platform reach to
advertisers. At
peak levels, Martha Stewart Living and This Old House had combined
market
valuation in excess of $1B.
Following his tenure at Time Warner, Eric was SVP, Business
Development, Scripps Networks, where he profitably developed and directed all
multi-media brand development and extensions for HGTV, Food Network, DIY, Fine
Living Network, and the newly acquired Great American Country. At Scripps, he
created and negotiated an exclusive product licensing program for Food Network
with Kohl’s, the country’s fastest growing mid-tier retailer, resulting in over
1000 SKU’s and seven figure royalty streams. He also created a unique strategic
partnership with Taunton Press, providing online content for HGTV.com; and
initiated magazine publishing for the Food Network, ultimately resulting in the
launch of a highly successful joint venture with Hearst in 2008.
Following Scripps, Eric served as President of Consumer
Media at MOVE, INC., the leader in online real estate. With responsibility for
advertising sales and operations, he led a team of 500+ sales and marketing
professionals. With a primary focus to seek new revenue streams through
development of a rich media, video-based Home & Garden content channel, he
negotiated content deals with leading brand producers, reorganized and trained
the sales force to sell a wide range of new online capabilities (e.g.
behavioral targeting, online video), supervised product and engineering teams
to create the new environment, and built a financial model—identifying 40%
incremental revenue opportunity in first 18 months. Eric is a graduate of Hamilton College and Harvard Business
School (PMD).
Varanya Vadakan, Partner
From strategic business development to hands-on execution,
Varanya brings a unique blend of online media advertising expertise, product
development and operations to Lifestyle Media Partners. With a focus on local and digital media
sectors, Varanya has assisted online companies in creating multi-media platform
strategies driven by profitable revenue channels, clear branding strategies,
and productive sales operations.
Prior to joining Lifestyle Media Partners, Varanya served as
General Manager of Welcome Wagon, Inc. a nation-wide local print and online
sales and marketing organization. Under her leadership Varanya grew revenue and
profitability for a 200-person field sales organization by implementing online
social media campaigns, metrics-focused lead generation strategies, client
retention programs, and brand marketing initiatives. Varanya successfully completed
the divestiture of Welcome Wagon to private investors.
Prior to Welcome Wagon, Varanya served as Senior Director,
Strategy and Planning for Move Inc.’s Consumer Media division where she was
responsible for the strategic direction of Move’s non-real estate search
related businesses. In this capacity, she executed new seo/sem strategies,
branding campaigns, and sponsorship revenue opportunities with the
implementation of rich and social media online consumer engagement tools.
Earlier in her career, Varanya worked at Citigroup where she
served as an Associate supporting debt capital markets, mergers and
acquisitions transactions for Fortune 500 companies with a focus on the
Entertainment, Media, and Pharmaceutical sectors. Varanya is an MBA graduate of MIT Sloan School of
Management, and holds a B.A. in Political Science from the University of
California at Los Angeles.
Susan Wyland, Partner
Susan is an editorial consultant whose clients have included
Hallmark, Meredith Corporation, move.com, The Taunton Press and Scripps
Networks, among others. She was editor-in-chief of Weekend magazine, a new
publication from Hearst Magazines that focused on celebrating weekend living,
from October 2004 to September 2006.
Prior to Weekend, she was editor-in-chief of Lifetime
magazine from January-October 2004. At Time Inc. from 1998 to 2000, she was the
group development editor of the People division, where she created REAL SIMPLE
magazine and became its founding editor. Prior to that, she was vice president
and editorial director of The Walt Disney Company’s Family.com enterprise from
1996 to 1998, having conceived, launched and managed this online resource for
parents. As editor of Martha Stewart Living magazine, Susan won two National
Magazine Awards during her tenure from 1992 to 1996.
Susan is a graduate of Wayne State University in Detroit,
MI, where she majored in journalism. She and her husband reside in New York City.