ESPN The Magazine to abandon print, go web-only

ESPN The Magazine is now the latest publication to abandon print. Regular editions of the monthly will cease after the September release of “The Body Issue” and the publication will go online-only, Walt Disney Co.’s ESPN said in a statement. “Consumer habits are evolving rapidly, and this requires ESPN to evolve as well,” the statement said. “The only change here is that we are moving away from printing it on paper and sending it in the mail.” The move is part of a broader shake-up in sports media. Meredith Corp. has been trying to sell Sports Illustrated after taking over the magazine as part of its acquisition of Time Inc.; licensing company Authentic Brands Group LLC is a leading contender to buy SI, The Wall Street Journal reported last week. More broadly, magazines have been abandoning their print editions to cut costs, helping them cope with the loss of advertising revenue to tech giants like Facebook and Google. Condé Nast’s Glamour announced in November that it would end its regular print publication. Sports magazines also are facing increased competition from digital upstarts such as Bleacher Report, SB Nation, The Athletic, Deadspin and The Ringer. ESPN said its data shows “the vast majority of readers already consume our print journalism on digital platforms, and this approach will maximize our reach and impact.” ESPN The Magazine published its first issue in 1998 as a print offshoot of Disney’s successful cable sports network. Former ESPN President John... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-04-30 00:00:00 UTC ]
News tagged with: #sb nation #data shows #vast majority #print journalism #digital platforms #early career #rolling stone #—bloomberg news

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Media Dealmakers Summit: "The Web Is Dead"

New York--There was a question during the morning session today at the Media Dealmakers Summit that crystallized what a lot of people are thinking about the future. "Are tablets and e-readers the future of media?" For George F. Colony, CEO of Forrester Research, the answer was simple: "Yes.... Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-04 00:00:00 UTC ]
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Hearst pays €651m for Lagardère magazine business

Hearst Corporation has made a "binding offer" of €651m (£559m) for Lagardère's international magazine business, which includes a licensing agreement for fashion magazine Elle. Continue reading at Media Week

[ Media Week | 2011-01-31 00:00:00 UTC ]
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Hearst To Buy Lagardere Magazine, Digital Units for $889 Million

Hearst Corp. announced today that it has made an offer of 651 million euros (or about $889 million) for Lagardere's international press and magazine business, including 102 titles in 15 countries, and 50 related Web sites. The deal includes publishing rights to Elle in 15 countries as well as 10... Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-31 00:00:00 UTC ]
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No Dead Ends: Creating the Modern Web Site

While magazine Web sites are starting to take a back seat to other channels that reach readers on a daily basis (such as Facebook and Twitter) they remain the centerpiece for many publishers' digital strategies. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-27 00:00:00 UTC ]
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Digital Soars, Print Improves For Meredith in Second Quarter

Total revenue jumped 9 percent to $367 million for Meredith Corp in the second quarter of fiscal 2011, driven by strong advertising growth and integrated marketing services. Total advertising revenue for the first six months of fiscal 2011 jumped 11 percent to $420 million (with total revenue of... Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-25 00:00:00 UTC ]
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Web Site "Fans" Worth 50x as Much as "Fly-Bys"

If the old adage that 10 percent of your staff does 90 percent of the work rings true, the same could be said for your Web site traffic. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-21 00:00:00 UTC ]
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Hachette to close teen magazine Sugar after 16 years

Hachette Filipacchi is to close teen print magazine Sugar in March, which has suffered flagging circulation figures, and ahead of an anticipated group sale to US publisher Hearst. Continue reading at Media Week

[ Media Week | 2011-01-19 00:00:00 UTC ]
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