Date

Sat - 23.09.2017


magazine

The Internet is the only segment reporting a gain in share from 2006 to 2007, according to World Advertising Trends 2008, published by the World Advertising Research Centre.

The biggest gains happened in the United Kingdom and Sweden, where the Internet share went up 4.4 percent and 3.5 percent, respectively, in one year, SFN's World Digital Media Trends 2009 reported.

Print media, including newspapers and magazines, generally marked a downturn in share in most of the countries surveyed. The biggest share decline of newspapers happened in Ireland and the United States, dropping 2.6 percent and 2.5 percent, respectively. Magazines' share declined the most in Poland and the United Kingdom, with 1.4 percent and 1.2 percent downturns, respectively, according to WARC.

However, newspapers gained a 1 percent share from 2006 to 2007 in Poland, while the magazine sector's share was up 0.3 percent in the United States, according to the report, World Digital Media Trends 2009, released by SFN and the World Association of Newspapers and News Publishers.

Author

Erina Lin

Date

2009-09-15 16:24

The Daily Telegraph will revamp its Saturday Review this weekend as a standalone magazine, Press Gazette reported.

Saturday Review is formerly part of its tabloid weekend version. The new magazine format will be edited by Tom Horan.

It will cover various topics include a 'What's On' guide, combining art, music, books, film and theatre, as well as all-week television and radio listings.

The publishers Telegraph Media Group said the comprehensive reviews of current cinema and DVD releases and the TV and movie guide will be the key features of the new magazine, as well as critics on theatre productions, musical events and book, Press Gazette reported.

Author

Erina Lin

Date

2009-09-10 18:28

Reader's Digest, a magazine most Americans could always find in the homes of their parents and grandparents, plans to file for Chapter 11 bankruptcy protection during the next 30 days for its operations in the United States, the Washington Post reported Tuesday. The reason for the filing stems from the $2.8 billion worth of debt Ripplewood Holdings took on when it bought shares from the Digest's old shareholders. As of 2009, Ripplewood is still $2.2 billion in debt.

The 87-year-old publication "was the original aggregator, the first blog, the pioneer of short-attention-span reading," the Post's Paul Farhi writes. It will continue to be published, but as a "wounded bird."

Ripplewood, which also publishes titles such as Every Day With Rachel Ray and the Web site Allrecipes.com, did not make an interest payment of $27 million, which was due Monday. It will talk with lenders during its 30-day grace period about a prearranged bankruptcy filing, according to The New York Times.

"Restructuring our debt will enable us to have the financial flexibility to move ahead with our growth and transformational initiatives," Mary Berner, the company's CEO, said in a statement. The publication's executives plan to come out of bankruptcy with a debt load of $550 million.

Author

Leah McBride Mensching

Date

2009-08-18 18:09

Times Publishing Co. announced in a press release an offer to sell GOVERNING and all associated properties, including a monthly magazine, Web site, and event-based products.

GOVERNING's magazine has a circulation of 80,000 subscribers along with its companion Web site "which is visited by an equally large and influential audience." The publication also sponsors the Public Officials of the Year Awards.

Times Publishing has recently sold its CQ Press books as well as its Congressional Quarterly.

Author

Leah McBride Mensching

Date

2009-07-29 11:08

RD Selecciones, the Spanish language edition of Readers Digest, will end its 37-year run in the United States when the Readers Digest Association shuts it down this June, Media Week reported. RD Selecciones U.S. will be survived by the 17 other editions still being published around the world.

A spokesman for Readers Digest said the U.S. edition "was not showing signs of having potential for continued viability financially." The magazine suffered from declining ad revenue and frequent changes in management. All four staff members who worked on the U.S. edition will lose their jobs.

Author

Leah McBride Mensching

Date

2009-05-06 12:44

UK newspaper industry trade magazine and Web site Press Gazette will close, despite a 50 percent increase in unique users over last year, owner Wilmington Group announced Monday.

The monthly magazine counted 2,500 subscribers, each of whom paid £115 per year, and its Web site tracked approximately 150,000 visitors per month, which marked an increase of 50 percent from the preceding year, Media Guardian reported. The May issue will be the magazine's last.

Press Gazette was bought by Wilmington in 2006 after several changes in ownership and format. For most of its history, the magazine was printed on a weekly basis, but the edition moved to a monthly printing backed by an online edition that reported breaking news.

The plan is to eventually continue publishing on the Press Gazette Web site, although new content will not include journalism.

"There will not be news coverage but we will develop the site to offer other services, such as training and freelance referrals," said Les Kelly, managing director of Wilmington's media and entertainment division, according to Media Guardian.

Author

Leah McBride Mensching

Date

2009-04-07 16:41

Music and entertainment magazine Blender will stop publication after its April issue, but will continue with its Web site, blender.com, its owner, Alpha Media Group, announced on Thursday, The New York Times reported.

"We went as far as we could in a difficult environment," said Alpha Media spokeswoman Nora Haynes. Thirty people will be laid off as a result of the publication's closure.

Blender has been in print since 2001, focusing on music and entertainment for a young male audience. Its advertising output dropped 31 percent in 2008, to 522 pages, according to the Publishers Information Bureau, The New York Times reported.

Blender's print closure follows other magazine title closures, including Domino from Condé Nast and Country Home from Meredith.

Author

Leah McBride Mensching

Date

2009-03-27 13:00

The San Francisco based travel magazine, Afar, is set to launch in September, reports Media Daily News. The magazine aims to "inspire and guide those who travel the world seeking to connect with its people, experience their cultures, and understand their perspectives."

The bi-monthly print edition will be coupled with the online site afar.com. An initial rate base of 50,000 has been planned for the magazines first two issues, increasing to 100,000 by 2010.

John Sheehy, the former COO of Weider Publishing, will act as president and publisher for Afar Media. Claude Girard, former vice-president of integrated sales for Hachette, has been named executive director of travel, according to Media Daily News.

Author

Leah McBride Mensching

Date

2009-03-10 12:24

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