As the COVID-19 pandemic forces marketers to tighten their advertising budgets and organizers to cancel or postpone events, media companies of all sizes are scrambling to account for lost revenue. In cities across the U.S., a virtual suspension of public life is taking a disastrous toll on alt-weeklies—many of which entered 2020 on unstable financial footing—but it's also having an acute impact on the nation's city and regional magazines, who devote much of their pages and resources to guiding readers toward experiences: things to get out and do, see or eat. On Monday alone, Time Out Group announced it was suspending the print editions of each of its roughly 40 city-specific magazines worldwide, while San Diego Magazine laid off nearly its entire staff, apparently shutting down after more than 70 years as a result of the pandemic, reports the Voice of San Diego, though its owner says he hopes to restart operations after the crisis is over. "After this has peaked, there will be plenty to report about if, when and how places are coming back," says Margaret Seiler, managing editor at another city magazine, Portland Monthly. "But those activities that have ground to a halt include a lot of our advertisers, too. So while we're pivoting to more immediate digital coverage and revamping plans for our sure-to-be-delayed next print issue, we're also not sure we'll all still be employed." Mike Schaffer, editor of the D.C.-based monthly Washingtonian, notes that while paid... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-03-23 14:46:51 UTC ]
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Ronan Farrow shared a Pulitzer Prize and received other major journalistic kudos for his investigation of Harvey Weinstein’s alleged sexual harassment, assault, rape and abuse of power during his long career as a movie mogul. But nearly a year after Farrow’s story made headlines and helped blaze... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-08-31 00:00:00 UTC ]
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Corsair is publishing The 10 Commandments, a "rock star’s guide to life" from Q Magazine. Continue reading at The Bookseller
[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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Here we are in the third year of our September weigh in, and to probably nobody’s surprise, the news is not good. For those of you who are unfamiliar with this feature, we began weighing and measuring some of the top fashion magazines to see how they stack up (literally and figuratively) against... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-28 00:00:00 UTC ]
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Louisville Magazine and its website Louisville.com have been purchased by former U.S. ambassador to the United Kingdom, Matthew Barzun, for an undisclosed amount. The monthly publication, which is known in its community for shedding light on often-ignored neighborhoods and stories, will be under... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-28 00:00:00 UTC ]
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It was only four months ago that American Media, Inc. emphatically denied any "catch and kill" coordination with then-candidate Donald Trump and his personal lawyer, Michael Cohen, calling accusations to that affect "reckless, unsubstantiated, and false," and "an attack on the First... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-24 00:00:00 UTC ]
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Although magazine media got plenty of attention earlier this year due to the blockbuster deals made by Meredith and Hearst to acquire Time Inc. and Rodale, respectively, as well as the ripple effects each deal caused, the months that followed were relatively quiet. And as the expression goes, no... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-16 00:00:00 UTC ]
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The president of the Turkish Publishers Association has called for international publishers to temporarily abandon the advance payment system when negotiating new rights deals in order to "show solidarity with Turkish publishers" during the country's financial crisis. Continue reading at The Bookseller
[ The Bookseller | 2018-08-16 00:00:00 UTC ]
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Is New York magazine for sale? A spokeswoman for New York Media has confirmed that the Wasserstein family is considering "investment interest and strategic opportunities" and "evaluating the market" following reports that New York magazine and its digital offshoots are up for sale. Bruce... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-15 00:00:00 UTC ]
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A literary agency in Turkey is calling on publishers and agents around the world to support the country's book trade with their "understanding" following the economic crisis and fall of the lira. Continue reading at The Bookseller
[ The Bookseller | 2018-08-15 00:00:00 UTC ]
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As Turkey's nose-diving currency sets off alarm bells on world trading floors, Istanbul's Kalem Agency appeals to the publishing community for consideration from rights buyers: 'It's like being in a war.' The post Amid Turkey’s Spiraling Currency Crisis: An Appeal for Rights Acquisitions... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-14 00:00:00 UTC ]
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The Washington Post, The Guardian, Mic and others have shut down their chatbots, but Quartz is ramping up bot development. The post Quartz forges ahead, but other news publishers shut down chatbots appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-08-13 00:00:00 UTC ]
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A bookshop was left stranded after HSBC closed its bank account for 12 days as part of a crackdown on financial crime. Continue reading at The Bookseller
[ The Bookseller | 2018-08-10 00:00:00 UTC ]
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Kate Lewis has been named chief content officer at Hearst Magazines, only the second person to be named to the position. The appointment comes days after Joanna Coles confirmed that she would be departing the company. Lewis first joined Hearst Magazines Digital Media in 2014 as vice president,... Continue reading at AdWeek
[ AdWeek | 2018-08-09 00:00:00 UTC ]
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This year has brought forth a renewed optimism in print, but times are still tough for an industry that once had more advertising demand than inventory to sell. Last year, magazine media lost a reported $417.5 million in print ad revenue, a 6.4-percent drop from the previous period. So why... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-09 00:00:00 UTC ]
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Hearst Magazines on Wednesday named Kate Lewis chief content officer, succeeding Joanna Coles, who left following the ascension of Troy Young to president.Effective immediately, Lewis will direct content strategy across print and digital for the company's magazine brands, oversee... Continue reading at Advertising Age
[ Advertising Age | 2018-08-08 00:00:00 UTC ]
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Long-time Hearst exec Joanna Coles is departing the company, Coles confirmed in a Instagram post on Monday. This announcement follows in the wake of the recent appointment of Troy Young to president of Hearst Magazines. "My route is being recalculated. It's time for a new adventure. I'm going to... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-06 00:00:00 UTC ]
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Joanna Coles, the chief content officer of Hearst Magazines, is stepping down, The New York Post reported today. Hearst did not return multiple requests for comment. Coles is expected to leave the company next week. Her departure comes on the heels of Troy Young's appointment to Hearst... Continue reading at AdWeek
[ AdWeek | 2018-08-04 00:00:00 UTC ]
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The Edinburgh International Book Festival and Scottish literary journal Gutter Magazine have partnered to launch The Freedom Papers, a 164 page supplement in the journal's August issue exploring the concept of freedom. Continue reading at The Bookseller
[ The Bookseller | 2018-08-03 00:00:00 UTC ]
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The New York Times is out with a grim scoop from medialand this afternoon in a post headlined "Facing Losses, Cond Nast Plans to Put 3 Magazines Up for Sale." Oddly enough, you have to dive pretty deep into the story by Edmund Lee and Sapna Maheshwari to find out which three mags. So we... Continue reading at Advertising Age
[ Advertising Age | 2018-08-02 00:00:00 UTC ]
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Davler Media has acquired the 29-year-old monthly Staten Island Parent magazine from founding publisher Roselle Farina-Hecht, growing its NYMetroParents portfolio to comprise eight local magazines and "completing its footprint" in the greater New York City area, according to an announcement... Continue reading at Folio Magazine
[ Folio Magazine | 2018-07-30 00:00:00 UTC ]
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