UPDATE: Nielsen Reorganizes Adweek, Brandweek, Mediaweek
Editorial functions combined; 19 positions eliminated company-wide.
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Nielsen Business Media today announced an editorial reorganization at its Adweek Media Group that will combine content development and distribution for Adweek, Brandweek and Mediaweek magazines under one editorial organization.
Eleven positions have been eliminated from the three magazines as a result of the reorganization, a Nielsen spokesperson told FOLIO:. The three chief editors of Adweek, Brandweek and MediaweekâMike Chapman, Todd Wasserman and Michael Burgi, respectivelyâwill continue to lead their brands, Nielsen said in a statement posted on their Web site.
Nielsen today also eliminated eight positions from its travel and performance and retail food group brands, the spokesperson said. Two weeks ago, Nielsen also laid off former Marketing y Medios senior editor Della DeLaFuente.
"As choices facing those who engage in the purchase process of marketing and media services become more complex and diverse, marketers are implementing a broader number of solutions in the marketplace," Sabrina Crow, Nielsenâs senior vice president of marketing, media and visual arts, said in the statement. "This new strategy strengthens our ability to report on more of those solutions and gather a more robust range of information relevant to our collective, but distinct audiences."
None of the products produced by the Adweek Media Groupâincluding print magazines, Web sites and 15 e-newslettersâwill be shuttered, the company said.
Earlier this month, FOLIO: first reported Nielsenâs plans for an editorial reorganization across the companyâs 40 brands. Nielsen has been undergoing a major staffing reduction since December 2006 when the company announced a restructuring plan that would eliminate 4,000 positions. Spearheaded by CEO David Calhoun, the initiative was created in hopes of transforming Nielsen into a more âsuccessful and efficient enterprise.â
Nielsenâs reorganization comes in the footsteps of a company-wide editorial restructuring at Source Media. In August, the b-to-b publisher said it would concentrate its more than 60 magazines into four business groups, and recasted editorial staffs for each of its individual brands, "pooling" editorial by market.
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