Felix Dennis has a little more work to do yet on his weekly news compilation The Week. He tells David Carr that he'll be expanding the magazine into more markets and has fended off some significant offers. "Cross my heart and hope to die, I have already been offered hundreds of millions of dollars for it."Even after selling off Maxim, Stuff and music magazine Blender to Quadrangle-backed Kent Brownridge in mid-2007, Dennis declined to sell his one remaining U.S. title, noting that he expects it to become a sizable franchise. "I will throw The Week onto no pile until it becomes a half a billion or billion-dollar franchise. The Week is my baby," he says. The North American version of the magazine has a circulation of about 500,000; the British version is the original; and Carr writes that an eastern version of the magazine will soon be released, supported by a five-person edit team in Australia and one-man bureaus in Hong Kong, Singapore and New Zealand. Just as The Week is Dennis' across-the-bow shot at the sagging newsweekly market, the magazine's lean staff structure is his answer to bulging mastheads. "The American magazine industry has been massively overstaffed for years and years. It is one of the most inefficient businesses in the history of the world. And you know what? The chickens are coming home to roost."
Web site relaunches, job boards, social networks, Webinars,
podcasts, videocasts, etc. Most magazine publishers are scrambling to
ramp up their online offerings as fast as they can. However, in the
rush to ramp up online, management and the major disciplines (sales,
editorial and circulation) often take for granted that whatâs being
built can be done quickly and easily, and overload the online and IT
staffs with âme firstâ requests. âPeople think online is easy, that
standards and guidelines can be gotten around, that things can be done
far quicker than they actually can with fewer people, none of which is
true,â says the online manager at one b-to-b publisher. âYes, you can
launch a Web site easier and more cost-effectively than a new magazine
but it still takes the same business practices behind the
scenesâcontent planning, business planning, budgeting. A lot of those
things tend to get ignored online."
Prioritize online projects
according to the return, not whatâs become someoneâs pet project. Dave
Newcorn, vice president of e-media at Summit Publishing, uses three
factors to organize his workload: 1) is there real ROI attached; 2)
Will it enable the editors to create multimedia content; and 3) Will it
attract more subscribers either to the print magazine or newsletters,
boosting audience development efforts? âIf the answer is yes to any of
those, it goes to the top of my list,â says Newcorn. âFor example, we
hired an editor recently who expressed an interest in editing her own
podcasts. I dropped everything and scheduled IT time to install the
software on her computer ASAP and arranged for training.â
prominence of open source software is partly responsible for the
misperceptions. "Everybody looks at open source and says âItâs free,
just take it and up it up.â No, nothing is free, you have to customize
it and find a place to put it. There is a lot of stuff that goes along
with it," says Rose Southard, IT director at Putman Media.
are a good example--blog software can be free and it can be put up
quickly but customizing the blog platform to look like part of your Web
site takes time. âOur sites consist of left-hand navigation, leader
board at top, branding at top, and advertising on the right hand side,â
says Southard. âWhen you go from reading an article to an editorâs
blog, we want to convey that feeling that youâre still with us. It took
several weeks to put that together. Once we did, it was easy and fast
to reproduce both steps. But getting it done in the first place took
quite a while. It was free softwareâ-Wordpress. If you just grab it and
install it, it looks like Wordpress, not Putman Media.â
caught up in a game of tit-for-tat (they launch a job board, you launch
a job board) with the competition. You should have mapped out your
online strategy so you know what will work for you at that stage of
your Web development.
If you start scrambling to add features
just because the other guy has one, youâll blow your budget and derail
your strategy quickly. âOne request that I really dislike is what I
call âthe sky is fallingâ request in reaction to what our competitor is
doing,â says Newcorn. âAs in, âDave, our competitors now have a
flam-shooter on their site! We need one on our site too!â While we need
to be aware of what our competition is doing, we also need to have a
little faith that the path weâve chosen months ago is the correct one
for our readers and advertisers. If itâs not, theyânot our
competitionâwill certainly be the first to let us know.â
First off, I have not seen the new Amazon Kindle in person. (Note to self: send nasty note to Discover tech editor after finishing this blog entry.) From the pictures, though, the thing looks like a fantastically expensive Speak & Spell.
The reviews from tech geeks, however, have been generally positive, and the first run sold out on Amazon in five days.
So what does this mean for ink and paper purveyors? The classic print magazine argument goes something like this:
Magazines provide the best venue for long-form journalism. Reading the magazine version of The New Yorker on the train tonight is going to be a lot more pleasurable than reading a bunch of articles printed out on copy paper.
Ink on paper also works better for beautiful photography. The collective weight of the fall fashion magazines shows that advertisers clearly agree.
Finally, magazines are more portable than even the lightest laptop. Anyone who has used a laptop on their actual lap can attest that it quickly gets uncomfortable.
The Kindle points out the shakiness of the first and third legs of the proverbial stool. The Kindle is lightweight, easy on the eyes and presumably doesn't burn your lap. The wireless connection provides access to
scores of books or magazines, anywhere, at any time.
Sure it's $400, but you have to believe that a $99 version with color photos will be on Amazon by Christmas 2009. With the way ink and paper prices have been going, that might not be a bad thing.
As part of its pre-election push, Newsweek recently announced the addition of ex-White House senior advisor Karl Rove as a columnist, his glossy appointment coming a day after the magazine named Markos Moulitsas, founder of the popular liberal politics blog and tradeshow Daily Kos. Good move by editor Jon Meacham: a right-wing pundit to balance Markos' lefty politics. But why waste two outspoken personalities on the print magazine?
Here's an idea: Give âem both Newsweek-branded blogs and have them face off before, during and after debates and conventions, allowing readers to join the conversation via comments. (Some media people still consider "comments" to be a risky wasteland of the delusional and the deluted, but I guarantee lightly-monitored comment-thread can frame such a debate in a much more civilized way than, say, cable.)
I have often said that anyone with basic Mac skills and the ability to pay a printer thinks they can be a player in the magazine publishing business these days. Most city & regional publications are having their markets diluted with freely distributed, rack-in-the-drugstore-vestibule publications. To a certain extent we are the victim's of our own success. Robust growth of the regional magazine business has resulted on healthy looking books in many markets and frequently forays into the bridal and shelter book markets by local publishers. Hence "the entrepreneurs" have been lured by the apparent riches they see in the four-color glossy pages of regionals.
Adding to the woes of reputable publishers is the fact that many of these neophyte entrepreneurs routinely and glaringly ignore all the MPA rules regarding editorial integrity on their pages. Our sales folks are routinely queried by advertisers conditioned by these publications- looking for free editorial ink as a thank you for their advertising commitments. The fact that these publications are four color glossies seems to lure some of the less knowledgeable local advertisers like a moth to a flame.
Emmis Communications has taken a leadership role in the city and regional publishing business by commissioning multiple studies in the markets where they own magazines to determine the "recallability" of these free rack and forced distribution publications. In every case the "other" non-audited publications are not even on the radar screen when it comes to recall and effectiveness of content-both advertising and editorial-in swaying the recipients buying habits.
The first question all of us need to ask advertisers when confronted with this merging completion is "Do you really know who is looking at your ad?"
Second one: "Do you think they are really spending time looking at it?"
The publishing world may seem gloomy in Magazine Central, but out here in what many New York print types view as the hinterland, I'm thankful to be a regional magazine publisher. For one thing, people still do read magazines, especially the ones that cover topics they have a passion for and -- laugh if you will -- our readers have a passion for all things Jersey. I think Dan Brogan, my fellow regional publisher from Denver (5280), gave the best explanation of the strength of our category when he called city and regionals enthusiast magazines for a particular place. Our readers really do want to know where to go, where to eat, and, let me not forget, who the best doctors are.
Our pink sheet is clean, but I am thankful that our advertisers don't read pink sheets. Yes, they look at the first page, and I am hearing more about "accountability," but the tempests at ABC that increasingly pit advertisers and agencies against publishers haven't crossed the Hudson Ocean (err, I mean River).
I hear a lot about national advertisers moving their advertising from print to the web and other new media, but I am thankful that our advertisers haven't joined the stampede-yet. They are experimenting with new media, but haven't allowed themselves to forget that it's all about results rather than following the fashions, which is good for print. Judging from some of the comments I heard at the City and Regional Magazine Association conference in September, local advertisers in some areas are starting to shift dollars to the web, but we have some time to craft our own web strategies to take advantage of the transition.
Operating a business in the New York Metro has its downsides-and that's a rant for another day-but there are some things to be thankful for, such as the incredible talent pool that Magazine Central represents. About half our staff members have gotten their training at one of the large, national magazines in our backyard.
Publishing a magazine outside NYC gives me much to be thankful for, and, if anyone can come up with a way for a magazine to make serious money on the Web, I'll be grateful for many Thanksgivings to come.
Playboy magazine is hosting its second "America's Sexiest Sportscaster" poll, which closes today. A typically chauvinistic move setting women's journalism back 15 years. (Sports Illustrated, for some reason, called it "the season's second most-discussed poll.") The whole thing makes about as much sense as Miss Landmine 2008 (a real competition-seriously).That said, I guarantee most of the nominees spent Thanksgiving lobbying their families to vote.
The winner, by the way, will be announced November 28.
The Atlantic Monthly celebrated its 150th anniversary with a party in New York earlier this month. It picked the scholarly Kimmel Center at New York University as the venue. The venue had a stage. Instead of, say, using the stage for a panel or discussion, it served for the bulk of the evening as an awkward VIP area, where the important guests like Arianna Huffington, Moby and Mayor Bloomberg partied while 600 or so readers (a.k.a N.I.P.s) were forced to watch. Itâs admirable that David Bradley and a magazine like the Atlantic would want to include its readers. But not like this, man. Give everyone access, find another venue or throw two partiesâone for the V.I.P.s and one for the rest of the dregs.
Gawker has the damning video âŠ
Slate's Mickey Kaus has a nice extrapolation on what's behind Ron Burkle's pursuit of American Media Inc.:
Soon he'll presumably have the power to kill any scandalous story in the Enquirer
or Star that might hurt his friends (the Clintons). And he'll have the power to run the stories that will hurt his enemies. And for those who might help the Clintons now (by, say, splitting the anti-Hillary vote) but hurt them later--well, he'll be able to choose the timing of any further exposes. ... Look at it from the point of view of the aptly-named David Pecker, head of AMI: If you assume Burkle wants AMI's publications in order to gain political influence, when is the time at which Burkle would pay the maximum price? Right before the campaign starts in earnest. In fact, you might pinpoint Pecker's maximum leverage as coming a couple of months before the Iowa caucuses.
More here ...
I don't believe in "carbon neutrality."
It is not a helpful concept-some would argue it is deceptive-and there is no clear or agreed upon definition. Publishers who want to be environmentally responsible stewards should view claims of "carbon neutral" paper with suspicion. Such paper most likely doesn't offer any environmental benefit and can be a marketing risk.
A recent report from the Sustainable Forest Product Industry (SFPI) working group makes the claim that "carbon neutrality" can be achieved by burning tree parts, or "biomass," to generate energy for paper mills. SFPI acknowledges that burning trees releases carbon into the atmosphere, but through convoluted logic argue that this is OK, because the trees sucked up the carbon from the atmosphere in the first place. Tree burning merely "recycles" the carbon, SFPI happily concludes.
This is not CO2 neutral. In fact, tree burning is double whammy for the environment: not only does the tree stop absorbing carbon from the atmosphere, it now contributes carbon to the atmosphere. Perhaps burning trees for energy produces fewer CO2 emissions when compared to the burning of fossil fuels. But "fewer" is not the same as "neutral." In the best case "carbon neutral" may mean more efficient energy production. In the worst case it is just an exercise in semantics.
The reality behind the semantic is that tree burning emits a greenhouse gas, CO2, into our atmosphere.
So beware of paper suppliers who pitch "carbon neutral" paper. Using this paper would be an environmental and marketing mistake since such paper would not protect the environment nor communities and may endanger the publication's image and marketability.
Read Larry Light's CMO Strategy piece and view the three-minute video of Seventh Generation's president Jeffrey Hollender in Advertising Age that encourages companies to adopt sustainable practices but also warning them about participating in hollow marketing claims.
Here are the companies that are part of the SFPI working group that produced this report:
AracruzGrupo Portucel SoporcelInternational PaperMeadWestvacoMetsĂ€liitto GroupMondiNippon Paper GroupNorske SkogOji PaperSappiSCG PaperSuzano Papel e CeluloseStora EnsoWeyerhaeuser
I told you my bias in my very first blog. What might be bias of these pulp and paper manufacturers?
For more on the Magazine PAPER Project, click here.
Are you a magazine publisher that uses environmentally and socially-responsible paper, or you would like to learn how?
Here's why you should read this blog:
So to honor full disclosure, I believe:
I am fortunate to share many of these beliefs with colleagues that also work in the non-profit world for responsible paper use. In 2002 we all came together and authored A Common Vision for Transforming the Paper Industry: Striving For Environmental and Social Sustainability, and then started a network of non profits working on these issues called the Environmental Paper Network (EPN).
And, I'll promise that this blog will be a forum for respectful discussion. We may not agree always - or even often - but, we should always be talking to each other because the problems and impacts on our society are too great for us not to work together.
Look for my post tomorrow on why magazine publishers should be wary of "carbon-neutral" claims.
The arrival of a new Esopus is always cause for celebration. The current issue, which arrived on my doorstep on a recent afternoon, is no exception. What makes this magazine so remarkable?
Esopus uses-really uses-the tools of mass-production printing to create a publication that is a carefully orchestrated experience: a delight for mind, eyes and fingers. Subscribing to Esopus is a bit like receiving a quarterly artist's book with pockets, pullouts, changes in paper quality, gloss and translucency. These methods don't seem tacked-on, but are integral to the way the magazine tells stories-which are only occasionally traditional columnar narratives. Words and jpegs do not do the results justice.
Not everything in Esopus is brilliant (an inevitable artifact of an experimental and chance-taking approach), but it's never boring or predictable. From children's elaborate pictures of war scenes, to a look at beauty and social pressure through magazine covers, to the sense of artifact on every page, the magazine at once feels personal and topical. Editor Tod Lippy talks eloquently about what it takes to put an issue in AIGA's Fresh Dialogue 7.