Showing posts with label magazine industry. Show all posts
Showing posts with label magazine industry. Show all posts

Wednesday, December 17, 2008

New Magazine Launches Decline for Second Straight Year


New Magazine Launches Decline for Second Straight Year

Just how many were launched in 2008? 

It depends who you ask.

By Dylan Stableford
Folio Magazine 

There were 335 new magazines launched in 2008.

There also have been 634 new magazines launched in 2008.

Or, there were 191 new magazine launches announced in 2008.

Exactly how many, it seems, depends on who's counting.

According to MediaFinder.com─an online database of U.S. and Canadian magazines-335 were launched in 2008, with health titles accounting for 31 of them. There were 389 new titles launched last year, according to the site.

According to University of Mississippi professor Samir "Mr. Magazine" Husni, 634 new magazines launched through November. The "hot categories," Husni said, continue to be "crafts, homes, metro and sports-same as last year."

In the last four months, he said, there has been somewhat of a surge in launch activity.

But Husni, who tracks launches monthly on his Web site, noted that the number of magazines published with a frequency of four or more is 191, down from 233 during the same period in 2007. (Husni stressed he only counts consumer titles and only the ones he has physical copies of, in hand.)

From 'WSJ.' to Beer

According to the Magazine Publishers of America's "New & Noted" setion of its Web site, there were 191 magazine launches-with titles ranging from the Wall Street Journal's 'WSJ.' to Beer-announced in 2008, down from 271 in 2007.

If there's a number everyone can agree on, however, it's that print magazine launches are, not surprisingly, on the decline.

Between January and November 2006, there were 842 magazine launches by Husni's count, and 636 during the same period in 2007.

According to MediaFinder, the second "hottest" category was regional, with 24 new titles-such as Michigan avenue cropping up in '08. (Although regional was also one of the biggest decliners, down from 42 new launches a year ago.)

Despite the downturn in the economy, magazines serving health, regional, and food interests continued to show growth, "as there continues to be interest in topics close to home," said Trish Hagood, president of Oxbridge Communications, which publishes MediaFinder.com.

Noted Husni: "A lot of the new titles are being published twice or three times a year for some reason."

Sunday, November 30, 2008

BoSacks Speaks Out: ASME Sets New Edit-Ad Guidelines


BoSacks Speaks Out; As the article suggests, the jury is still out on whether ASME will tighten or loosen the rules for keeping ads and edit apart.

Here is a firm promise and a prediction from BoSacks: if they loosen the rules, I will go editorially and ferociously ballistic. The industry has been on the edge of having or not having integrity for years. If the American Society of Magazine Editors takes the low road and decides that honor and integrity need have no place in the magazine industry, then they will surely reap what they sow.

There are reasons for the separation of church and state in both government and publishing. Integrity is a simple thing, and I make it a practice not to do business with those to whom integrity is a missing component. It's a simple rule and one that the public understands as well. It seems that the various divisions of our beloved industry each has their own nail for the coffin of our demise.

What do you think? Should we loosen the rules? Should we at last finally become known as advertorial media?


I ran the wrong kind of business, but I did it with integrity.
Sydney Biddle Barrows, ''Mayflower Madam' Tells All,' Boston Globe, 1986

Mag Bag: ASME Sets New Edit-Ad Guidelines
by Erik Sass,
http://www.mediapost.com/publications/?fa=Articles.san&s=95213&Nid=49647&p=263991


The American Society of Magazine Editors is tweaking the rulebook for keeping edit and ad content separate, according to a story in Adweek earlier this week. The new rules should be ready for approval by ASME's board by the middle of next year.


The exact substance of the changes--stricter or looser standards--is unclear. On the one hand, ASME's current chief executive Sid Holt conceded: "We've had situations where we've seen violations of the spirit of the guidelines, but not the guidelines themselves"--seeming to suggest that new stringency is in order. On the other hand, "we want them to be more industry-friendly in that they make sense to editors and advertisers alike."

So what "makes sense"? If recent moves by ASME members are anything to judge by, the new guidelines will loosen restrictions on integration of advertising into magazine cover art and headlines. This is one area where advertisers have been especially aggressive with their demands for more mingling of advertising and editorial content.

For example, the September issue of Esquire featured a blinking, flashing electronic display designed by E-ink and sponsored by Ford, although Ford was not mentioned on the cover. The high-profile cover led directly to a Ford ad spread in the front of the magazine that takes credit for the innovative front. The August 10 issue of The New York Times Magazine came with a cover wrap purchased by U.S. Trust, Bank of America's private-wealth management division, to promote its philanthropic financial products.

Last December, New York magazine sold a four-page cover wrap to the New Museum. Last year, Harper's Bazaar delivered 5,000 VIP copies that came embedded with "crystals"--courtesy of Swarovski, also an advertiser. In 2005, The New Yorker produced a single-sponsor issue for Target that incorporated the Target logo's distinctive red-and-white coloring on the cover as well as inside the magazine.

Requests for integration are attractive to magazines, given the drop in ad revenue. Through November, total ad pages are down 8.5% at over 200 weekly and monthly titles tracked by MIN Online.

Thursday, June 19, 2008

BoSacks Speaks Out: BPA-ABC's Unwise Attack on Magazines


BoSacks Speaks Out: BPA-ABC's Unwise Attack on Magazines

The new pathology detailed below actually disgusts me. There are over 18,000 magazines printed today and of that number 7,000 are newsstand titles. There are approximately 1,000 new titles started each year. This report and the campaign against legitimate magazines listed below is an attack at the heart of the entrepreneurial publishing business. ABC, ABM, BPA, and the Association of National Advertisers have a very minor fraction of the titles published in their bullpen, yet they wish to crush all who stand in their way or choose not join their exclusive clubs. I am not alone with these feelings. Samir Husni wrote to me in an email last night that:

. . . it is about time for magazines to start looking at customers who count and not just counting customers . . . those folks who publish great magazines like Good and Flaunt do not need an auditor to tell them how many people are receiving their magazine. Their customers, both the advertisers and the readers know the relationship that they enjoy between the reader and the magazine . . . It is a pure case of jealousy and greed to launch such a campaign. When are we going to learn not to attack each other and focus on other media. Advertisers who want to reach that unique upscale audience of V magazine are not interested to see either the ABC audit or the BPA audit . . . When are we going to learn . . . I have no earthly idea . . .

It is unconscionable to attempt to crush the rest of the industry. It is attacks and stupidity like this that will tear down the very industry that they are attempting to prop up with self-serving dogma. Like chastity, auditing is/and should be a choice. A pox on all your houses; but I cannot wish harm on my industry by wishing that ye reap what ye sow.
BoSacks
-30-

Fear is the main source of superstition, and one of the main sources of cruelty. To conquer fear is the beginning of wisdom.
Bertrand Russell (1872 - 1970), Unpopular Essays (1950), "Outline of Intellectual Rubbish"

BPA and Friends Turn up Heat on Un-Audited Magazines
By Bill Mickey
http://www.circman.com/viewmedia.asp?prmMID=4025&prmID=1

An educational campaign targets client-side, b-to-b buyers. BPA, along with about 10 other association and auditing bodies, including ABC, has ramped up a campaign to combat ad buying in un-audited titles. Called Buy Safe Media, the program targets client-side buyers in b-to-b markets that spend $250,000 or less on advertising. The program, initiated two years ago by BPA at the request of member publishers, has emerged from a testing and research phase and the 11 associations and auditing bodies have begun to reach out to their constituencies in earnest.

"About two years ago, our publisher members on the b-to-b side were telling us that more and more of the buying decisions were being made at the client level, not through an agency," says Peter Black, BPA's SVP, business development. "They were concerned that the person at the client company did not have an appreciation for audits or quality circulation data." BPA conducted a Web-based survey of about 500 b-to-b client companies across a variety of markets in spring 2007. The results turned in very low numbers for audit awareness.

The survey inquired about certain criteria upon which buyers based their purchase decisions-placement of editorial, price, audit, and so on.

"There was a choice for 'other,'" recalls Glenn Hansen, BPA's CEO. "We had over 300 written-in responses to the 'other.' When we analyzed that, about two-thirds were actual attributes that an audit would provide, but the respondent didn't associate with an audit. They wrote in things like distribution, quality circulation and proven audience." A personalized direct mail campaign was then launched last fall targeting CEOs, CFOs and, finally, media buyers at 1250 companies identified as having purchased ads in un-audited magazines across five b-to-b markets.

The mailing cited the number of pages that company had purchased over the year along with the dollar value of those pages. The letter also pushed the recipient to the Buy Safe Media program's Web site, which features a video and information on the pitfalls of buying un-audited media. "Insist on audited media, and be safe," urges the site. "Based on our tracking, we got a ten percent response rate to the direct mail [from the CEOs]," says Hansen. "Then we broadened it to CFOs and we got a six percent response from them." The third effort, however, targeted to the actual media buyer, squeaked out a .5 percent response.

"Maybe they just didn't want to be faced with the reality that they bought un-audited media and there were a lot of dollars at risk," says Black. Supporters backing the initiative include ABC, ABM, BPA, the Association of National Advertisers, and seven others. "Everybody is handling communications with their respective memberships," says Black. BPA, for example, has announced a Webinar on the subject to recruit more publisher partners.

Following that, another direct mail campaign targeting 3300 CEOs and 800 CFOs from companies that buy six or more pages annually in un-audited titles will be launched next week. "We will cite the number of pages they're running, the likely dollar value of those pages, and the message will be to drive them to the Web site to give them more information to better safeguard their investment," says Black.

Sunday, June 01, 2008

Mass-Media Extinction Prediction 'On Target'


Michael Crichton, Vindicated
His 1993 prediction of mass-media extinction now looks on target.
By Jack Shafer
http://www.slate.com/id/2192382/
In 1993, novelist Michael Crichton riled the news business with a Wired magazine essay titled "Mediasaurus," in which he prophesied the death of the mass media-specifically the New York Times and the commercial networks. "Vanished, without a trace," he wrote.
The mediasaurs had about a decade to live, he wrote, before technological advances-"artificial intelligence agents roaming the databases, downloading stuff I am interested in, and assembling for me a front page"-swept them under. Shedding no tears, Crichton wrote that the shoddy mass media deserved its deadly fate.
"[T]he American media produce a product of very poor quality," he lectured. "Its information is not reliable, it has too much chrome and glitz, its doors rattle, it breaks down almost immediately, and it's sold without warranty. It's flashy but it's basically junk."
Had Crichton's prediction been on track, by 2002 the New York Times should have been half-fossilized. But the newspaper's vital signs were so positive that its parent company commissioned a 1,046-foot Modernist tower, which now stands in Midtown Manhattan. Other trends predicted by Crichton in 1993 hadn't materialized in 2002, either. Customized news turned out to be harder to create than hypothesize; news consumers weren't switching to unfiltered sources such as C-SPAN; and the mainstream media weren't on anyone's endangered species list.
When I interviewed Crichton in 2002 about his failed predictions for Slate, he was anything but defensive.
"I assume that nobody can predict the future well. But in this particular case, I doubt I'm wrong; it's just too early," Crichton said via e-mail.
As we pass his prediction's 15-year anniversary, I've got to declare advantage Crichton. Rot afflicts the newspaper industry, which is shedding staff, circulation, and revenues. It's gotten so bad in newspaperville that some people want Google to buy the Times and run it as a charity! Evening news viewership continues to evaporate, and while the mass media aren't going extinct tomorrow, Crichton's original observations about the media future now ring more true than false. Ask any journalist.
So with white flag in hand, I approached Crichton to chat him up once more. Magnanimous in victory, he said he had often thought about our 2002 discussion and was happy to revisit it. (Read the uncut e-mail interview in this sidebar.)
Although Crichton still subscribes to the New York Times and Wall Street Journal, he dropped the Los Angeles Times a year ago-"with no discernable loss." He skims those two dailies but spends 95 percent of his "information-gathering time" on the Web.
He concedes with a shrug that the personalized infotopia he crystal-balled in 1993 has yet to arrive. When we talked in 2002, Crichton scoffed at the Web. Too slow. Its page metaphor, too limiting. Design, awful. Excessive hypertexting, too distracting. Noise-to-signal ratio, too high.
Today he's more positive about the medium. He notes with satisfaction that the Web has made it far easier for the inquisitive to find unmediated information, such as congressional hearings. It's much faster than it used to be, and more of its pages are professionally assembled. His general bitch is advertisements in the middle of stories, and he's irritated by animation and sounds in ads. "That, at least, can often be blocked by your browser," he says.
In 1993, Crichton predicted that future consumers would crave high-quality information instead of the junk they were being fed and that they'd be willing to pay for it. He's perplexed about that part of his prediction not panning out, but he has a few theories about why it hasn't.
"Senior scientists running labs don't read journals; they say the younger people will tell them about anything important that gets published-if they haven't heard about it beforehand anyway," he says. "So there may be other networks to transmit information, and it may be that 'media' was never as important as we who work in it imagine it was. That's an argument that says maybe nobody really needs a high-end service."
It will take a media visionary, he believes-somebody like Ted Turner-to create the high-quality information service he foresaw in his 1993 essay. In addition to building the service, the visionary will also have to convince news consumers that they need it.
Sounding like a press critic, Crichton criticizes much of the news fed to consumers as "repetitive, simplistic, and insulting" and produced on the cheap. Cable TV news is mostly "talking heads and food fights" and newspaper reporting mostly "rewritten press releases," he says.
Crichton suggests that readers and viewers could more objectively measure the quality of the news they consume by pulling themselves "out of the narcotizing flow of what passes for daily news." Look at a newspaper from last month or a news broadcast.
"Look at how many stories are unsourced or have unnamed sources. Look at how many stories are about what 'may' or 'might' or 'could' happen," he says. "Might and could means the story is speculation. Framing as I described means the story is opinion. And opinion is not factual content."
"The biggest change is that contemporary media has shifted from fact to opinion and speculation. You can watch cable news all day and never hear anything except questions like, 'How much will the Rev. Wright hurt Obama's chances?' 'Is Hillary now looking toward 2012?' 'How will McCain overcome the age argument?' These are questions for which there are endless answers. Contentious hosts on cable shows keep the arguments rolling," he says.
Crichton believes that we live in an age of conformity much more confining than the 1950s in which he grew up. Instead of showing news consumers how to approach controversy coolly and intelligently, the media partake of the zealotry and intolerance of many of the advocates they cover. He attributes the public's interest in Mike Huckabee, Ron Paul, and the Rev. Jeremiah Wright to its hunger for a wider range of viewpoints than the mass media provide.
He tosses out a basket of questions he'd like to see the press tackle, some of which I've seen covered. "What happened at Bear Stearns?" got major play this week, after Crichton answered my questions, in a Wall Street Journal series. And I know I've seen "How much of the current price of gas can be attributed to the weak dollar?" answered a couple of times but can't remember where. (Answer: a lot.) But such Crichton questions as "Why have hedge funds evaded government regulation?" and what specific lifestyle changes will every American have to make "to reduce CO2 emissions by 60 percent?" would be great assignments for news desks.
"I want a news service that tells me what no one knows but is true nonetheless," he says.

Wednesday, May 16, 2007

Magazines: Change Or Die

"The charm of history and its enigmatic lesson consist in the fact that, from age to age, nothing changes and yet everything is completely different."
dude Aldous Huxley (English Novelist and Critic, 1894-1963)



Magazines: Change Or Die
BY Russell Flanner
http://www.forbes.com/media/2007/05/14/china- media-internet-biz- media_cz_rf_0514chinamedia.html

Beijing - A rise in the percentage of ad spending allocated to Internet and mobile media will intensify pressure on magazine publishers to adapt a fast-changing business landscape or die off, speakers at a key international publishing industry conference said in Beijing on Monday.

"The magazine industry faces more and more competition," said John Rose, a consultant with the Boston Consulting Group. Companies that don't change will "erode off into the sunset."

Rose was one of more than 1000 delegates that gathered for a three-day meeting of International Federation of Periodical Press in Beijing. China's economic growth and buoyant advertising revenues have made the country one of the bright spots for the media industry worldwide, especially ahead of next year's summer Olympics games to be held in Beijing.

Yet rather than China, much of the discussion focused on the Internet's impact on traditional publishing companies. Magazines as a group in the past several years haven't been tracking the growth in overall advertising spending, and readers have allocated less time to the magazines that they do read.

The ever-improving availability of news and content on the Internet and mobile devices has increased uncertainty about the long-term earnings outlook at once-mighty newspaper giants, and led investors to pummel their shares in the past few years. A case in point: The $4.1 billion market capitalization of Chinese outdoor advertising firm Focus Media, founded in 2003, today exceeds that of the New York Times Co., at $3.6 billion.

An especially tough challenge for traditional magazine companies is that new rivals often come from businesses that had previously not been considered as such, Rose said. Publishers in countries with relatively advanced Internet infrastructure face a relatively risky future if they don't adapt.

Still, change sweeping the media landscape will bring opportunity. IDG, one of the world's largest publishers, has seen revenues from print ads decline of late, yet 35% annual growth in Internet revenues is more than making up for the loss, said Patrick J. McGovern, the company's founder and billionaire chairman. IDG expects half of its revenues to be generated online by 2010, compared with as much as 35% today, he said in a speech.

McGovern views the Internet as a good place to try out new ideas for publications before they are launched in print because of relatively low start-up costs and the opportunity to survey readers. Besides success in introducing its U.S. titles in Chinese-language editions, the Massachusetts company has successfully invested in several Chinese firms that have gone on to list in the U.S., including Ctrip and Baidu.com, he said.

IDG recently repositioned itself from a more traditional publishing company to one which views itself as "Web- centric" and treats print publications and events as ancillary activities, he said. Indeed, how magazine publishers can move from a focus on a single product- -magazines--to being more brand-centered was another theme of the day.

For magazine publishers looking to adapt to the changing technology landscape, personnel are a critical factor in success or failure, Rose said. Many print magazine editors more than 40 years of age are reluctant to embrace change, and in general, magazines executives aren't so likely to think about how integrate their operations into new media, he said.

However, Steven Pleshette Murphy, CEO of Men's Health magazine publisher Rodale Inc., cited the integration of editorial management and across different distribution channels--such as print and the Internet alike--as a key factor in his own company's success.

Rose suggested that magazine publishers consider hiring executives from non-media companies to spur new thinking.