Date

Mon - 20.11.2017


Time Warner

Time Inc., the largest magazine company in the United States, has stopped resisting Apple. Striking a deal similar to that signed by its major competitors a year ago, the Time Warner-owned publisher agreed on Wednesday to sell subscriptions to all 20 of its titles, which include high-circulation weeklies such as Time, People and Sports Illustrated, through the Newsstand section of Apple’s iOS App Store.

The decision represents a considerable change of heart for a publisher that was “once the magazine industry’s most ardent opponent of selling subscriptions through Apple,” according to Amy Chozick of the New York Times.

Until now, Time Inc.’s readers have only been able to access single issues of the iPad editions of its magazines through the Newsstand app, with print subscribers alone receiving regular automatic uploads.

Time Inc.’s recalcitrance toward Apple since the launch of Newsstand last fall was motivated in part by the hard bargain that the technology giant drives with publishers. Beyond the profit share arrangement whereby Apple demands a contentious 30% commission on subscriptions purchased through its Newsstand, Apple’s previous unwillingness to share the personal information of iOS magazine subscribers with publishers was a deal-breaker for Time Inc.

Author

Emma Knight

Date

2012-06-15 13:36

Time Magazine has not put up a paywall, nor has it started asking visitors to register in order to view content. It is, however, not allowing users to see all of its content.

Time.com is now giving online readers "abridged" versions of its magazine stories, each accompanied by a message stating that the full text is only available through print and iPad editions. Or, as paidContent's Staci Kramer quips: "What the Time Inc. flagship did was slip on the magazine equivalent of a condom, a barrier between online readers and the full content of the magazine."

All week, Time has been removing content from its current issue from the website, but this next step in trying to get readers to pay for content is still an experiment, as was the magazine's first paywall, which was later removed. The current effort aims to show readers the difference between what it gives away, and what it charges them to read.

Journalistically speaking, the stories are "deconstructed for online promotion instead of reading," and also strange in that they are used to send readers to Web exclusives meant to accompany the magazine story, which online readers can't even read fully, and online readers are a majority of readers. Business-wise, the audience being asked to pay for content is now just limited to iPad owners or people who want a print copy, which is also a strange move, Kramer points out.

Author

Leah McBride Mensching

Date

2010-07-08 22:10

Major media companies saw their stock prices fall as European and United States share markets suffered on fresh economic fears that recent financial rejuvenation could have been premature, Reuters reported Monday.

Recent economic stability had driven media stock prices up and accelerated by market optimism. However many believe predictions of an economic turnaround have come early and growth is unlikely to return until the end of the year. As a result global markets have somewhat choked.

The World Bank recently shortened its economic predictions for most of the globe.

"The world is entering an era of slower growth," it stated, according to Reuters. The bank has forecast a global economic decline of 2.9 percent for with growth predicted to return in 2010 to the tune of 2 percent and 3.2 percent in 2011.

Recent market activity has see the S&P 500 dip 3.1 percent, The Dow fall 2.4 percent and the Nasdaq down 3.4 percent.

The declines have struck a media industry anxious for growth even harder. CBS Corp. shares dropped 6.8 percent, to $6.84, a total decline of 14.7 percent for 2009 and New Corp dropped 5.2 percent to $10.11, a 6.6 percent decline for the year. Time Warner and Walt Disney each saw recent drops of 3.7 percent each to $24.22 and $22.66 respectively.

Author

Leah McBride Mensching

Date

2009-06-24 11:56

Virgin Media Inc. has announced three prospective buyers for its VMtc channels, Reuters reported Tuesday. The company revealed Channel 4, Time Warner Inc and BSkyB as the three groups who had qualified for the second round of the sale of VMtv.

The sale sees Virgin Media looking to separate VMtv from its television portfolio, while retaining its UKTV enterprise which includes BBC and BBC worldwide. The two BBC channels are valued at around £400 million.

Author

Leah McBride Mensching

Date

2009-05-12 13:06

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