Bids to acquire ailing Newsweek magazine were due at 5 p.m. on July 1. A month later, parent company the Washington Post Co.
Articles by Jason Fell
While print magazine revenue continued to slide during the first half, United Business Media trimmed its portfolio by four titles—closing significantly fewer than the 15 it killed off through the first six months of 2009. It even added one new magazine.
Yes, People Are Excited About Digital, MobileDigital publishing vendor Texterity has released the results of its annual Profile of the Digital Edition Reader, which it conducted with BPA Worldwide. Not surprisingly, Texterity says the results confirm an increasing enthusiasm for and reliance on digital and mobile formats.
The Internet is proving to be a significant source of subscription revenue and audience growth for magazine publishers. According to the results of a new survey conducted by the Magazine Publishers of America, 24 percent of the subscriptions sold by publishers will be generated from the Web.
In another effort to help stem its staggering financial losses, the U.S. Postal Service in July proposed enacting an exigent rate case, which could force rates for periodicals mailers up 8 percent.
Women’s publisher Meredith Corp. Thursday reported net earnings for its 12-month fiscal 2010 of $103.96 million, up from a loss of $107.08 million during its fiscal 2009 calendar year. Revenues dipped slightly to $1.38 billion from $1.4 billion.
Martha Stewart Living Omnimedia says it is seeing continued “stabilization” in the publishing segment of its business.
While the magazine’s top management continues to hammer out a deal that will place it with a new owner, Newsweek has entered into a content sharing partnership with financial media site TheStreet.com.
Controversial. Insightful. Entertaining. True. One of the best parts of covering magazine publishing and interviewing the industry’s most influential players is getting that nugget,
The list of magazines tapping into the virtual world of augmented reality keeps growing larger. Time Out New York Kids and Revolver magazine have recently unveiled covers that feature the budding technology.