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death of print
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obits
rumors
Mass Appeal Magazine Folding?
A tipster tells us that Mass Appeal, the Brooklyn-based hipsterish hip hop/ graffiti culture magazine, has folded. Editors and designers were laid off last week, and no more issues will be forthcoming, the tipster says. It's not known whether the mag will seek a buyer, or how its sister title MissBehave will be affected. If you have any information, email us. Sucks, if true—Mass Appeal was a quality rag. And to think that Cat Fancy soldiers on unscathed. What kind of world do we live in?
magazines
Can We Interest You In A TV Guide?
TV Guide, one of America's biggest magazines, was sold a few days ago. Now it's for sale again! Well, not the parts of the brand that have some actual value (the website and the cable program guides and on-demand technology). Rather, new owner Macrovision is looking for a sharp business entity that would like to take the print magazine off of its hands. Cheaply, no doubt! And to the skeptics who might say that buying the money-losing print version of TV Guide without the accompanying web brand would be like buying a cow without milk, consider this: the new editor is looking to achieve "topicality and newsiness, urgency." By doing things like reviewing YouTube videos! More »
photography
Picturing The Death Of A Newspaper
Martin Gee is a designer at the San Jose Mercury News, which, like every other paper, has been gutted by budget cuts, layoffs, and buyouts recently. One night on a whim he took a camera and shot a series of photos inside the almost abandoned newsroom. They do an amazing job of capturing the junkyard aura of the place [PDN via Animal]. It's newsroom-as-battlefield, the day after. You can see his full set of photos here. Below, our five favorite shots. More »
NYT Makes A Loss
And so it continues: The New York Times Company's ad revenues for January through March were 9.2% lower than last year. That, and a write-off, threw the newspaper company into the red for the quarter.
And so it continues: The New York Times Company's ad revenues for January through March were 9.2% lower than last year. That, and a write-off, threw the newspaper company into the red for the quarter.
the chart
Not that we're merchants of gloom, the latest figures for magazine advertising are dismal. Tallies of the number of pages carrying advertising in the first quarter, an early indicator of publishing woes, are down by double-digit percentages at news weeklies such as Time and business magazines such as Business Week. The only surprise is that Keith Kelly, who published the figures in today's Post, didn't tweak Mort Zuckerman, proprietor of a rival tabloid. Zuckerman's pet news magazine, US News & World Report, fell 37.5%. One perky spot: Martha Stewart's Everyday Food, now the last best hope of the magazine industry, as well as frustrated cookie-bakers.
Baking Tips Now Last Hope Of Magazine Industry
Not that we're merchants of gloom, the latest figures for magazine advertising are dismal. Tallies of the number of pages carrying advertising in the first quarter, an early indicator of publishing woes, are down by double-digit percentages at news weeklies such as Time and business magazines such as Business Week. The only surprise is that Keith Kelly, who published the figures in today's Post, didn't tweak Mort Zuckerman, proprietor of a rival tabloid. Zuckerman's pet news magazine, US News & World Report, fell 37.5%. One perky spot: Martha Stewart's Everyday Food, now the last best hope of the magazine industry, as well as frustrated cookie-bakers.
Blog Strike!
Journalists at the Honolulu Advertiser have adopted ruthless tactics in their dispute with the newspaper's management over pay: they will continue to report stories, but the Advertiser's blogs will not be updated for the next few days.
Journalists at the Honolulu Advertiser have adopted ruthless tactics in their dispute with the newspaper's management over pay: they will continue to report stories, but the Advertiser's blogs will not be updated for the next few days.
johnny can't read
E-Readers To Replace Books? If Only!
"The slow death of the book may be with us," The Times of London moans, in what must be the eight millionth story about the death of reading/books in the last year. "That was an incredibly painful sentence to write." It was painful to read, too! Has anyone else noticed that it's hard to read an article over 800 words these days? That may be the real danger, not much-vaunted electronic readers like Kindle. What are the signs of this pending apocalpyse? More »
Down 13.8%
Advertising revenues at the New York Times have fallen off a cliff. Even allowing for the short accounting month, revenues at the Sulzbergers' core news properties were down 13.8% in December compared with twelve months earlier. (For the year as a whole, the decline was "only" 6.1%.) So, what does this mean? First, the erosion of the Times' print business is accelerating. Second, the growth of the news properties' online advertising, which was up 20% in December, isn't nearly rapid enough to compensate. And, third, if other newspapers show these dismal results, take that as a sign that the recession has hit advertising spending.
Advertising revenues at the New York Times have fallen off a cliff. Even allowing for the short accounting month, revenues at the Sulzbergers' core news properties were down 13.8% in December compared with twelve months earlier. (For the year as a whole, the decline was "only" 6.1%.) So, what does this mean? First, the erosion of the Times' print business is accelerating. Second, the growth of the news properties' online advertising, which was up 20% in December, isn't nearly rapid enough to compensate. And, third, if other newspapers show these dismal results, take that as a sign that the recession has hit advertising spending.
death of print
