Dow Jones is closing the print edition of SmartMoney, the 20-year-old personal finance magazine, and expanding its digital news team, the company said today, confirming news first reported by The Wall Street Journal. The print edition's September issue will be its last, meaning the elimination of 25 jobs, Dow Jones said. SmartMoney.com will add six new editorial positions as part of the plan, which will also add the SmartMoney brand and tools to a personal finance section on MarketWatch, a Dow Jones sibling. SmartMoney was a joint venture between Hearst and Dow Jones for many years, but Dow Jones bought Hearst's 50% stake in 2010. The company, however, has recently seen changes at the top: News Corp. named Lex Fenwick the new CEO of Dow Jones in February and Dow Jones President Todd Larsen left on Tuesday. This year has been disappointing so far for print publishers, who hoped early positive signs in the economy would be reflected in ad buys. SmartMoney's print ad pages from January through the July issue declined 9.3% from the comparable period in 2010, compared with a 5.6% decline across monthlies as a whole, according to the Media Industry Newsletter. SmartMoney averaged paid circulation of 815,154 in the second half of last year, roughly unchanged from 817,747 in the half a year earlier, according to its reports with the Audit Bureau of Circulations. Continue reading at 'Crains New York'
[ Crains New York | 2012-06-22 00:00:00 UTC ]
The latest figures from the Audit Bureau of Circulations for the last six months of 2011once again highlight the challenges facing traditional publishers in the digital era. The business - in the UK at least - is not for the faint hearted, but it remains full of opportunities. Continue reading at Media Week
[ Media Week | 2012-02-20 00:00:00 UTC ]
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Penguin parent company Pearson has sold its 50% stake in FTSE International to the London... Continue reading at The Bookseller
[ The Bookseller | 2011-12-12 00:00:00 UTC ]
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Pearson, the publisher of the Financial Times, is to sell its 50% stake in FTSE International to the London Stock Exchange for £450m, as it looks to focus on business news and analysis, and away from data. Continue reading at Media Week
[ Media Week | 2011-12-12 00:00:00 UTC ]
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The Audit Bureau of Circulations [ABC] released survey results Monday that reveals attitudes of the publishing industry when in it comes to working with Apple Inc. Continue reading at Folio Magazine
[ Folio Magazine | 2011-11-09 00:00:00 UTC ]
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Time Inc. is making it easier for readers to access its magazines in digital formthe company announced Wednesday that it will make all 21 of its U.S. titles available on the iPad and other tablets by the end of the year. But consumers still wont be able to buy subscriptions through a key sales... Continue reading at AdWeek
[ AdWeek | 2011-08-03 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Thu, 16/06/2011 - 09:29 Ingram has opened Lightning Source Australia, its fifth international print on demand facility. Lightning Source already operates print on demand facilities at its Tennessee headquarters as well as in Pennsylvania in the United... Continue reading at The Bookseller
[ The Bookseller | 2011-06-16 00:00:00 UTC ]
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Consumer magazines slowed their general circulation skid, with total paid and verified circ dropping 1.2 percent for the second half of 2010 (compared to a 2.3 percent drop in the first half of the year), according to preliminary figures reported in the Audit Bureau of Circulations' most recent... Continue reading at Folio Magazine
[ Folio Magazine | 2011-02-07 00:00:00 UTC ]
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