With print losses mounting, and online ad revenues not living up to expectations, some publishers are returning to the idea of monetizing editorial content online. In April, Court TV and American Lawyer founder Steve Brill, along with former Wall Street Journal publisher L.
Articles by Jason Fell
Newtown, Connecticut-based Taunton Press has eliminated the publisher position across its five magazines as part of a reorganization. Now, staff will be organized into three groups: content creation, marketing and sales. Each group will be led by a separate senior vice president.
Arlington Heights, Illinois-based Scranton Gillette Communications has acquired the assets of Imaging Technology News and Diagnostic & Invasive Cardiology from the Reilly Communications Group. Terms of the deal were not disclosed.Scranton will continue to publish both titles, a spokesperson told FOLIO:.
The proof that magazine publishing took a beating through the first three months of 2009 continues to trickle out. Profits for the period were down at Time Inc. and women’s magazine publisher Meredith Corp.
The consumer magazine world was rocked yesterday with the news that Condé Nast shut down its struggling business magazine Portfolio and will close Portfolio.com.
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BusinessWeek publisher McGraw-Hill reported a first quarter 2009 operating profit, before taxes on income, of $103.7 million, down 22.1 percent from $133.2 million during the same period last year. Revenue was $1.14 billion, a decline of 5.7 percent from the same period last year.
Scott Donaton is leaving Time Inc.'s Entertainment Weekly. The former Advertising Age publisher took the top sales post at EW in December 2007. A successor is expected to be named soon.
Condé Nast has shuttered Portfolio, its struggling business magazine. The May issue will be its last.