Bonnier Generates About 25% of Its Revenue From Digital

Although marketers continue to shift print budgets to digital media, most magazine companies still generate the bulk of their revenue from selling print ads. About 20% of Time Inc.'s ad revenue, for instance, comes from selling digital ads. But industrywide the shift from paper is underway, with digital ad revenue expected to overtake print by 2019 -- the result of both swelling digital budgets and shrinking print outlays, according to a recent PricewaterhouseCoopers report.Bonnier, publisher of nearly three dozen special interest titles like Scuba Diving, Field & Stream, Savuer and Popular Science, is an active participant in the industry's transformation. The company, part of the Swedish media conglomerate Bonnier AB, generates about 25% of its revenue from digital, according to Eric Zinczenko, who was named Bonnier CEO this week.Mr. Zinczenko -- brother of former Men's Health Editor-in-Chief David Zinczenko, who now runs his own editorial consultancy Galvanized -- succeeds David Freygang, who spent more than 25 years at Bonnier. In his new role, Mr. Zinczenko plans to accelerate the company's digital drive. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2015-06-17 00:00:00 UTC ]
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Harris leaves Bonnier Books UK for Welbeck

Jane Harris is leaving her role as m.d. of Children's Trade at Bonnier Books UK to take up the post of group publisher for Children's Books at Welbeck.  Continue reading at The Bookseller

[ The Bookseller | 2020-06-18 15:34:29 UTC ]
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This new nonprofit trains people for digital media jobs after leaving prison

Twelve formerly incarcerated fellows will learn how to produce videos, podcasts, and other digital media in Second Chance Studio’s yearlong program. For someone who’s just gotten out of prison, it can often be nearly impossible to land a job, both because of the bias of hiring managers and... Continue reading at Fast Company

[ Fast Company | 2020-06-18 06:00:14 UTC ]
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‘The money is just not showing up’: Digital media companies are likely to wait even longer for payments

The average payment terms in the digital media space is 59 days, up from 49 days last year. The post ‘The money is just not showing up’: Digital media companies are likely to wait even longer for payments appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-06-18 04:01:34 UTC ]
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Publishing revenues to plunge and thousands of jobs at risk, report says

Publishing, including books, newspapers and magazines, could see a £7bn fall in revenue and 51,000 jobs axed due to Covid-19's effect on bookshop closures and print sales, a report claims. Continue reading at The Bookseller

[ The Bookseller | 2020-06-17 06:06:17 UTC ]
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Istanbul’s ‘Sunflower’ ITEF Goes Digital – With Translation Provided

The coronavirus pandemic pushes another literary festival into the digital realm, and Turkey's program expects to trump others as a tri-lingual event. The post Istanbul’s ‘Sunflower’ ITEF Goes Digital – With Translation Provided appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-15 04:10:08 UTC ]
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Hickey wins £25,000 Walter Scott Prize for The Narrow Land

Irish author Christine Dwyer Hickey has won the £25,000 Walter Scott Prize for her “masterpiece” The Narrow Land (Atlantic), exploring the marriage of artists Edward and Jo Hopper. Continue reading at The Bookseller

[ The Bookseller | 2020-06-14 12:10:56 UTC ]
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Informa Forecasts 31% Revenue Decline in 2020

London-based Informa plc will officially resume its in-person events business with a three-day beauty expo in China during the second week of July, but says its overall revenues will likely decline by about a third this year as the timeline for the return of large gatherings in North America,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-12 17:17:56 UTC ]
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To Change How You Publish in the Digital Age, Start with a Question

Publishers considering transforming their businesses from print first or print-centric to digital first or digital-centric should begin by asking lots of people a simple question: what would you like to be able to do that you can’t do now? Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-12 04:00:00 UTC ]
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Connie Schultz’s ‘The Daughters of Erietown’ captures four generations of women in a hardscrabble Ohio town

This quiet, Anne Tyler-esque novel is a reminder that gentler times were not always gentle, that life is filled with hardship even without existential threats. Continue reading at The Washington Post

[ The Washington Post | 2020-06-08 12:00:00 UTC ]
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Moscow School of Publishing: This Year a Digital Seminar Program

This year's Moscow School of Publishing program has been delivered in a series of digital lectures and conversations from the Garage Museum. The post Moscow School of Publishing: This Year a Digital Seminar Program appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-03 14:33:53 UTC ]
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Opinion: How digital media can get serious about building transparency, privacy and neutrality in a post-cookie world

Google’s sunsetting of third-party cookies gives us an opportunity to shape our long-term future. Continue reading at Advertising Age

[ Advertising Age | 2020-06-03 10:30:00 UTC ]
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BookExpo 2020: Adult Book and Author Dinner Goes Digital

BookExpo helds its first Adult Book and Author Dinner, in lieu of a breakfast, on Wednesday night, showcasing five of the big books of the year, in wide-ranging forms and styles, via Zoom. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-28 04:00:00 UTC ]
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Most Australian News Corp small papers to go digital-only

Australia’s largest newspaper publisher says most of its suburban and regional mastheads across the country will become digital-only next month Continue reading at ABC News

[ ABC News | 2020-05-28 03:22:47 UTC ]
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News Corp announces end of more than 100 Australian print newspapers in huge shift to digital

Print editions of dozens of regional newspapers to finish, with sweeping job cuts feared‘Gutting’: News Corp Australia’s newspaper print closures will leave ‘thousands of stories’ untoldNews Corp Australia has confirmed that more than 100 local and regional newspapers will become digital only or... Continue reading at The Guardian

[ The Guardian | 2020-05-27 23:38:41 UTC ]
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Frankfurter Buchmesse Is a Go: A 2020 Physical-and-Digital Fair

Anticipating in-person participation from throughout Europe–and from abroad as travel restrictions allow–the fair will go forward. The post Frankfurter Buchmesse Is a Go: A 2020 Physical-and-Digital Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-27 16:15:42 UTC ]
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News Corp Australia to Cut ‘Up to a Third of Workforce’ in Move Towards Digital-Only Publishing

News Corp Australia is poised to cut hundreds of jobs as it moves towards digital-only publishing for many of its Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-05-27 14:51:01 UTC ]
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Coronavirus Impact: Amid Losses, Poland Stages Its First Digital Book Fair

Trends reported by Polish publishers show downturns in sales of as much as 70 percent during the spring, and the cancellation of the Warsaw Book Fair has seen the market stage a digital effort, BookTarg. The post Coronavirus Impact: Amid Losses, Poland Stages Its First Digital Book Fair appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-27 14:49:28 UTC ]
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News Corp to cut hundreds of jobs in move towards digital-only publishing

Publisher of the Australian, the Daily Telegraph and the Herald Sun is expected to stop publishing as many as 100 titles News Corp Australia is poised to cut hundreds of jobs as it moves towards digital-only publishing for many of its local and regional papers and more copy sharing among its... Continue reading at The Guardian

[ The Guardian | 2020-05-27 10:53:51 UTC ]
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The academic digital revolution is here... again

What’s an industry painstakingly crafted on authority, history and traditional processes to do, when suddenly the world rips up the rule book and says: Forget the last 300 years. Do something else! Now, your authority is challenged, your history less important, and your traditional processes... Continue reading at The Bookseller

[ The Bookseller | 2020-05-27 06:34:43 UTC ]
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High streaming figures for Hay Festival Digital first weekend

Hay Festival Digital events were streamed over 210,000 times in the virtual festival's opening weekend (Saturday 23rd May to Bank Holiday Monday, 25th May), with people from more than 63 countries tuning in.   Continue reading at The Bookseller

[ The Bookseller | 2020-05-26 11:37:30 UTC ]
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