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

Monday, December 01, 2008

Magazine Shutdowns, Magazine Layoffs, And The Looming Pullback In Automobile Advertising


Magazine Shutdowns, Magazine Layoffs, And The Looming Pullback In Automobile Advertising
Posted by Jon fine
http://www.businessweek.com/innovate/FineOnMedia/

In recent days, there have been layoffs at Forbes, Time Inc., Conde Nast Publications, Bauer Publishing, The Economist, and Hearst Magazines. In the past 24 hours, Time Inc's Cottage Living ceased publishing, and Ziff Davis Media's PC Magazine killed its print edition to become an all-digital publication.

This brings me to auto advertising. Auto advertising? Yes, auto advertising. Specifically: advertising from Detroit's Big Three. These tattered titans of America's industrial past still spend massive sums on magazine advertising, even after trimming their buys in recent years.

In 2007, GM, Ford and Chrysler spent $807.3 million on magazine advertising, according to the data-miners at TNS Media Intelligence, who provided all such figures in this post. In the first half of 2008-a year characterized by cutbacks in auto spending-Detroit still spent $306.4 million in mags.

Yesterday I appeared on CNBC to talk about the collateral damage that would ensue from Detroit cutting advertising further. Before I did, I called a senior-level magazine executive well-versed in the auto advertising world.

He told me he's expecting the Big Three's ad buys to drop by around 30% in 2009, across all media.

Assuming that the half-year figure for '08 represents half of the car guys' magazine ad spending this year-it may even underestimate it, given that the car companies spend more at certain times of the year-that means that about $183.8 million in ad dollars will disappear for magazines.

Potential complications loom, like, say, the prospect of an imminent GM bankruptcy, and there's a bit of a drama concerning the Big Three playing out in Congress more or less as I type.

(We can only imagine that this is why American Media Chairman and CEO David Pecker today gently nudged his employees to support a government bailout of the American auto industry. This is sort of funny. One of Pecker's great hopes for his major tabloid titles, The Star and nationa Enquirer, would be that they'd eventually attract auto advertising. But it never quite worked out that way.)

Thus, in the past few weeks we have seen severe contraction among magazines. And, while December's already reckoned to be a terrible month for magazines, much of the really bad stuff hasn't even started happening yet.

Sorta silver lining for magazines: TV gets much more advertising from American carmakers: $2.9 billion in '07 and $1.2 billion in the first half of '08.

This excellent Ad Age article--which, unfortunately, might be firewalled--goes into great detail regarding which media properties run the most auto advertising. Short answer: anything having to do with sports, but read the piece to get the full picture.

Monday, July 21, 2008

Delighting in a Magazine's Death?


Delighting in a Magazine's Death? a Q&A with the blogger behind MagazineDeathPool.com
By Peter Beisser
http://www.pubexec.com/story/story.bsp?sid=113873&var=story


The Grim Reaper, the popular, anonymous blogger behind the Magazine Death Pool at http://www.magazinedeathpool.com, believes the end of days is near for print magazines.

It may not mean coming into physical contact with the blade of a scythe, but appearing on the Grim Reaper's blog may prove just as deadly to a major magazine title. For nearly three years now, the unidentified industry insider regularly has taken pleasure in predicting what popular title will close its doors next. Whether it's a dip in ad revenue or pages, another redesign or a shake-up in management, the Reaper sniffs out the early warning signs and chronicles the shuttering of popular magazines throughout the industry.

While maintaining his (her?) anonymity, the Grim Reaper excused himself for a few minutes from taking pleasure in predicting who's next on the chopping block, and answered Publishing Executive Inbox's questions about his bleak outlook for the future of the industry.

Publishing Executive Inbox: In your opinion, what are the top reasons that all of these magazine titles have been shuttering in such great numbers in the last few years?
Grim Reaper: There are several reasons why titles are closing down, some with greater impact than others. A) Magazines that outlived their usefulness or relevancy, especially being in the line of fire of what's popular on the Web. B) Magazines that were right in the crosshairs of the faltering economy. C) No. 3 titles in some categories were just not going to survive. D) Magazines that were created for advertisers, not for an audience. E) Magazines that did not have a smart and profitable digital strategy. F) Too much reliance on advertisers in trouble or under the gun (i.e. automobiles, liquor).

In the first three cases, there was really not much fault to be given. The times changed. The way people consumed their media changed. The Web began to own certain areas, like gossip, personal finance and sports, so magazines were becoming more vulnerable.

As for D, the biggest mistake is to create a magazine first for advertisers, and hope the audience follows afterwards. Cargo will forever be the poster boy for this line of thinking-that men would want a shopping magazine if women had made Lucky so successful. I have a feeling we will see Portfolio fall into the same trap in the next year or so, and it will create a much more deafening crash in the forest.

As for E, it still amazes me that magazine publishers didn't learn from the first dot-com bubble about slapping their own articles online, thereby cannibalizing themselves. Fast Company and Radar put many of their current issue articles online when they hit newsstands, for example. On the other hand, SmartMoney was intelligent enough to create a site that not only stands on its own, but they created unique Web applications that they can license out.

Inbox: When did it all begin to snowball out of control? What did publishers and the industry do wrong?
Reaper: I sensed it all began to spiral out of control when I started my blog, when Time Inc. began its first round of layoffs in December 2005. The paradigm shift to digital media really kicked in the fear at that point. I do not think publishers did anything wrong for the most part except be in the wrong place at the wrong time, much like the dinosaurs.

Inbox: What are the warning signs that tell you a title is in trouble? When is the plug usually pulled?
Reaper: The warning signs I look for a magazine getting in trouble include: losing lots of ads and/or circulation in a category dominated by the Web or becoming irrelevant, publishers firing in-house sales staff and then outsourcing them, desperate attempts to pretty up the covers into something the editorial isn't, changing the editorial mission, especially to be fad-ish, and consumers basically ignoring them.

Inbox: What do you think magazine publishers can do to stop the hemorrhaging?
Reaper: With some titles, there's nothing that can be done to stop hemorrhaging. For example, I just don't see how newsweeklies are going to survive, so they may as well close up shop and move fully to the Web. I know this sounds terrible, but if you can't beat 'em, join 'em in some cases. Magazine brands and their domains can be very strong and profitable on the Web, as opposed to ink on paper. Others just need to suck it up, cut rate bases, and devote resources to Web sites that can stand alone with well-done SEO to generate revenue.

Inbox: What were your main goals for the Web site? What has the response been from the industry?
Reaper: I set up Magazine Death Pool in February 2006 as a way of marking the slow end of an era in my own special way. It functions to point out some of the foolishness and arrogance of the industry, while certainly mourning the notable titles that have passed on. I've received a lot of e-mails from professors, as well as people who get sentimental about magazines that went under a long time ago. Of course, there are a few bile-spewing e-mails, including ones from the magazines I write about. I don't mind if they post comments in response to what I write. They should have a platform to vent. Knight Kiplinger, Jr. posted quite a long defensive comment on the blog recently. Anybody whose first name is Knight deserves a spot on my blog.

Inbox: Who is going to survive, and why are these titles different?
Reaper: The titles which have the best odds of surviving are the ones that are read for the big splashy ads, like Vogue, Elle, the bridal books. People buy those magazines for their lush spreads and ads. They can not be reproduced on the Web or read comfortably on a mobile phone . . . yet.

Thursday, May 08, 2008

Print is not a burden, Useless drivel is the burden.


BoSacks Speaks Out: Rex Hammock is one of my favorite bloggers. I picked up this rant today from his site. It covers a lot of ground worth discussing with a style and grace we should all emulate. Rex and I have e-chatted for years and he is a top shelf observationist.

"There is no lighter burden, nor more agreeable, than a pen"
Francesco Petrarch (Italian Scholar, Poet and Humanist, 1304-1374)


Print is not a burden.
Useless drivel is the burden.
So ignore this post.
Posted by Rex

Early this morning, there seemed to be a theme emerging in my RSS newsreader. Here are a few items that showed up:

Frank Anton of Hanley Wood, says:

"If the magazines published two or three years from now aren't different, we're in trouble. The current magazine model won't take us into the next five years, let alone the next 100 years."

Colin Crawford of IDG says:

" . . . being unburdened by print allowed the team at Infoworld the opportunity to focus on the changing needs of their customers and to develop online, event and mobile products."

Jeff Jarvis responding to Colin's post, says:

"Yes, print is a burden. It's expensive to produce for it. It's expensive to manufacture. It's expensive to deliver. It limits your space. It limits your timing. It's stale when it's fresh. It is one-size-fits-all and can't be adapted to the needs of each user. It comes with no ability to click for more. It has no search. It can't be forwarded. It has no archive. It kills trees. It uses energy. It usually brings unions. And you really should recycle it. Wow, when you think about it, print sucks.

So what was the theme? Print is a burden. Unfortunately, saying "print is a burden" implies that there are other options out there that are not burdens. Frankly, the web is a burden. Traveling to events IDG puts on is a burden. Trying to synch my phone and computer is a burden. As Scott Karp displayed in a post yesterday, trying to discover which among 2,000 different news stories on the same topic is a burden.

Despite my love (and I use the word love very deliberately) of the magazine medium, I have never been burdened by thinking print is a hammer and every communications or marketing challenge is a nail.

Granted, my company has published magazines since the day it opened 16 years ago. But even back then, we also created lots of "interactive multimedia" (published on CD-ROM). And in those pre-web days, we also managed "forums" on CompuServe. As a custom media creator, I've never felt "burdened" by any medium that helps build strong relationships between our clients (associations and companies) and their members or customers. If smoke signals would help forge and sustain those relationships, we'd be all over it.

Those who know me - even through this blog - know I personally agree with Jeff Jarvis on his somewhat satirical indictment of print. I'm about as paper-free as someone can get in their personal and business practices, but I'm no print vegan (did I just create a new buzzterm?). As Jeff is writing a book and writes for newspapers and magazines, it's not like he's a print vegan either. But my print aversion is neither "environmental" (as I always say , if paper is the cause of global warming, someone needs to share that inconvenient truth with this guy) nor based on any belief that print is inherently bad. What I find a burden is poorly designed, written and produced print. What I find a burden is the clutter and confusion print and paper often add to my already cluttered life.

Bottomline: Print is not the burden. My time is the burden. If you publish a beautiful magazine with articles that really matter to me - that instruct, inform or celebrate something I feel strongly about, it is no burden on me. If you help me get to the information and insight I need to live a fuller life or conduct business in a more flexible and productive way, your blogging and tweeting and bookmarking does not burden me. Useless, redundant, meaningless, re-shuffled drivel is the burden. It can be delivered via print or on a weblog or a mobile device. Crap is a burden no matter what the medium used to deliver it.

Thursday, November 29, 2007

WSJ's New Glossy, Pursuits, to Go Global


WSJ's New Glossy, Pursuits, to Go Global
Along with U.S. Debut Next September, Distribution Added in Europe, Asia
By Nat Ives
http://adage.com/mediaworks/article?article_id=122258

NEW YORK (AdAge.com) -- The Wall Street Journal has decided to expand the scope of Pursuits, the glossy magazine it plans to introduce next September, by adding distribution in Europe and Asia. In addition to the 800,000 copies planned for Journal subscribers in the United States, Pursuits is expected to be inserted in about 80,000 copies each of the Europe and Asia editions, for a total circulation of 960,000.

The Journal already publishes glossies in Europe and Asia, but they'll be replaced by the Pursuits brand.

"Because of the robust advertiser response, we have made the decision to launch Pursuits as a global publication that will appear in all editions of the Journal worldwide," the company told employees in a memo from L. Gordon Crovitz, the Journal's publisher, and Michael F. Rooney, chief revenue officer at the paper's parent, Dow Jones & Co.

In an interview, Mr. Rooney seemed unsure why Pursuits was originally conceived for just the U.S. "We just started to think about it domestically to begin with," he said. "We discussed it in the hallways, talking about clients here domestically."

Single glossy brand

The Journal already publishes a glossy in Europe called Style Journal and another in Asia called Weekend, but Mr. Rooney said plans call for Pursuits to replace them, establishing a single glossy brand for the Journal around the world.

"So many of our advertisers are global," he said. "For us to use this franchise wherever they sell product is a unique opportunity for us."

News Corp. is set to complete its takeover of Dow Jones, an acquisition that was avidly pursued by its CEO, Rupert Murdoch, earlier this year. Mr. Murdoch said one of his plans to improve the company was to introduce a glossy magazine to the Journal.

Thursday, May 24, 2007

Magazines Aimed at Muslim Americans Multiply

voanews
Magazines Aimed at Muslim Americans Multiply
May 22, 2007 at 11:00 pm · Filed under VOA, VOA Religion, VOA United States

In recent years, several new magazines intended for Muslim Americans have come on the market. While they are not prominent on the shelves of newsstands and bookstores in the United States, the magazines are making an impact, according to creators, editors, and readers of the publications. From New York, Mona Ghuneim has the story.

Hanifah Abdul-Baqi, a 19-year-old Muslim girl from North Carolina, loves fashion. Like most teenage girls, she enjoys flipping through magazines and seeing the latest styles and trends. But Hanifah wears the hijab, or headscarf, and she says that while she can look through magazines like Teen People or Cosmo Girl, she cannot always relate.

Then she discovered Muslim Girl, a magazine featuring young Muslim American women who stand out in academics, the arts and sports. And, she says, the magazine gave her ideas for modest fashions she could wear.

Hanifah says the English-language magazine, launched in January of this year, also helped her peers and friends understand her better.

"They were surprised to see that there's a magazine with a girl in hijab on the cover," said Hanifah Abdul-Baqi. "They said, 'You guys have something that is your own now' and they felt comfortable with the issue even more."

Being comfortable with Islam is certainly one of the goals of Muslim Girl, says editor-in-chief Ausma Khan. She describes the monthly publication as a magazine for young Muslim women whose faith means a lot to them, but who are just like other teenage girls in America. Khan created the magazine as a way to serve what she says is a huge community that needs more positive representation in the mainstream media.

"We want to reach as many people as possible by telling the stories about American girls who are Muslim and getting other communities to see them as part of American life, as teens that they have something in common with and to clear away misunderstandings, and hope for a better dialogue," said Ausma Khan.

Khan says Muslim Girl, with a current circulation of 50,000, targets a potential 400,000 Muslim teenage girls in Canada and the United States.

Understanding demographics is key to the magazine business, says Firas Ahmad, senior editor of Islamica magazine.

Islamica began as an academic journal in the 1990s in London but then closed down. In 2003 it re-emerged in the United States as a glossy quarterly. The magazine features articles on current affairs, arts, science, business and even poetry and fiction.

The articles in Islamica are similar to those a reader would find in other magazines, says Ahmad, but from a Muslim perspective.

"We're interested in discussing the issues that come out of what it means to be a Muslim or to have the experience of being Muslim and how that relates to people who are living around you, in your communities and things like that," said Firas Ahmad.

Ahmad says 60 to 70 percent of the magazine's subscribers are in the United States and Canada. Islamica's worldwide circulation is 15,000 and its subscriber base in the United States is 6,000. Ahmad says, the magazine isn't out to win a popularity contest. Rather, he says, the goal is to be influential in certain circles.

"What we're trying to do is get the magazine out there to 'thought leaders' in America, both within and outside the Muslim community. If someone like, say for example, [journalist] Thomas Friedman is a subscriber and he reads an article in there that gives him a different perspective on reform in the Muslim world and then he cites something in his Op-Ed piece that then goes out to 3.5 million people to the New York Times, that's the kind of impact we're looking to achieve," said Ahmad.

Ahmad believes Islamica and other magazines like Muslim Girl, Islamic Horizons and Azizah all stem from the same desire: to define for themselves what it means to be Muslim.

Tayyibah Taylor is the publisher and editor-in-chief of Azizah. She says the quarterly publication premiered in 2000 as a vehicle for Muslim women in America to hold their own conversation about themselves. Taylor says she was tired of seeing the same image of Muslim women in the western media - what she describes as oppressed, depressed, usually Arab and dressed in only one way. So she decided to offer an alternative.

What ensued, Taylor says, was a women's magazine that deals with issues like autism, breast cancer, leadership, fashion, marriage, and a whole gamut of subjects reflecting the diversity of Muslim American women.

Taylor says Azizah started as a homegrown project, using personal savings and avoiding loans. Today the magazine is sustained by subscription sales and advertising, and she says, the Muslim market is growing.

"Advertisers in America are going to now realize that the Muslim consumer is one to be courted and they will start courting them with custom-made things for their demographic," said Tayyibah Taylor.

The rise in the number of Islamic publications in North America does reflect the growing Muslim market, says one reader of these magazines. But, he says, many of these publications are avoiding the hard issues.

Mohamed Zakariya converted to Islam in 1961. Since then, he says, he has read as many English-language Islamic publications as he could find. While he feels the more recent magazines have promise, he thinks they still talk about Islam from the outside and skirt around certain subjects.

"They need to be discussing the serious consequences, for instance, to put it in a way that people will all understand, the consequences of following radical ideologies and where it's going to take them," said Mohamed Zakariya.

But Zakariya says he's glad to see more of these magazines coming to the table, or in the case of many of the publications, to the Internet, public libraries and universities. And the publishers hope that one day their magazines will be available to the mass market in newsstands, bookstores and even airport shops.

Saturday, May 19, 2007

Taking out the Trash: Death of Print edition

Taking out the Trash: Death of Print edition

Media Coverage takes a look at a quintet of stories that show tough times ahead for the game magazine market.


There's a rule of thumb in journalism that it takes three occurrences of something to make a trend. So you could say that these five articles on problems with print gaming journalism might almost constitute almost a double-trend of popular opinion against the medium.


The conventional wisdom that game magazines are being replaced by their online competition is nothing new, of course. But the confluence of chatter around the topic in the last week is notable. Be warned, game magazines – the vultures are circling, and they're hungry.


NP, RIP?

Perhaps the biggest buzz around the print-is-dead issue this week came from an IGN report that the venerable Nintendo Power magazine may be shutting down or restructuring in the wake of massive layoffs planned for September. The report remains an unconfirmed rumor for now, but IGN's Matt Casamassina has shown a talent for breaking Nintendo-related scoops in the past -- see his prediction of Super Paper Mario heading from the GameCube to the Wii, for instance.


The rumor has led many to speculate that the magazine might decide to go completely digital, perhaps being reborn as a downloadable channel on the Wii. It's an intriguing theory, especially in the wake of Sony's decision to shutter the demo-disc-based Official PlayStation Magazine in favor of direct demo downloads to the PS3 and PSP. The possibilities are exciting -- imagine reading a review for a Wii game on your TV and then being able to click a link to download and play a demo immediately.


Frankly, I'd be surprised if either rumor turns out to be true, though. Nintendo's record with online content for the Wii has been spotty at best, and they've shown little to no interest in downloadable game demos thus far. As for the print edition, if Nintendo Power can't survive with its strong brand loyalty, relatively healthy subscriber base, and a marketing subsidy from one of the big three console manufacturers, then what chance does any other game magazine have?


Undercirculation overseas

In overseas death-of-print news, GI.biz reports on a group of game journalists that seemed all too willing to pile on the dead tree medium during a panel at the recent Nordic Game conference. Apparently, the game press market in Norway and Denmark is relatively magazine-free already, and what magazines do exist have a pretty bad reputation. "They're really driven by advertisements, so it seems to me there's a really unhealthy relationship between the PRs and the people who write the magazines," said panel moderator and Denmark journalist Thomas Vigild. "We don't have magazines like in the U.K. where you can say, 'No way, I won't print your PR bulls**t.' That's much harder to do in Denmark because they still need the income from the advertisers."


But the once-proud English print market is also in decline, according to panel member Patrick Garratt of EuroGamer. ""For the unofficial magazine arms race in the U.K., where we had 20 - 30 magazines in massive bags with two discs on the cover and stuff like that - no one cares anymore. It's over." In other words, in England you can lead a consumer to a newsstand full of gaming mags, but you can't make him read.


IDG's advertiser/editor troubles

Speaking of magazines putting up with PR bulls**t, PC World editor-in-chief Harry McCracken decided he'd had enough of it when he resigned his post last week. You might know PC World as the highest-circulation part of IDG, publisher of age-old gaming mag GamePro. McCracken's departure was spurred on by an executive's refusal to run an article critical of Apple, one of the magazine's biggest advertisers.


The article was later run and McCraken reinstated, but the PR damage had already sunk in to an extent. A NeoGAF thread title sums up the opinion succinctly: "Money-hats confirmed at GamePro Publisher."


Accusations of advertiser interference are rampant in the game press, and while both the print and online fields are affected, magazines seem to get the brunt of the "sell out" labeling. Perhaps this is because online outlets are by their nature a bit more transparent and inviting of reader discussion. Perhaps it's because some magazines tend to devote most of their limited space and cover opportunities to heavily advertised games. Whatever the case, these accusations are notoriously hard to prove unless someone makes a principled stand like McCracken did. By the way, if anyone wants to go on the record with insider info, let me know.


Ziff Davis on the down swing

Folio, the magazine about magazines, joins in the fray with a meaty feature on the ailing health of tech mega-publisher Ziff Davis. The piece is full of dreary numbers and quotes, but the most damning bit comes right at the beginning when an Edelman PR rep reveals that his freebie subscription of PC Mag goes right in the trash can. If you can't even give the thing away to PR people, you know you're in trouble.


The article goes on to tell of Ziff's slow but steady transition from print to web, which seems only natural for a tech-savvy audience. Ziff Game Group VP John Davison admits that the publisher's gaming properties were "late to the online world," but 1UP's quick rise to prominence in the online gaming world shows just how much they've made up for lost time.


Disposable Media on disposable magazines

Online magazine Disposable Media rounds out our look at print naysayers this week with an excellent examination of the relative pros and cons of online versus print in the U.K. market. While print magazines take the brunt of the abuse, the feature makes sure to look at the problems with the online game press as well, most notably issues with their reputation. "To be honest, it annoys me that the reputation of games journalism is dragged down by everyone who can afford a domain name," says British freelancer Kieron Gillen. "But when professional ones screw it up on such a regular basis, it seems a little churlish to moan."


Still, the general consensus seems to be that print magazines are having a tough time adjusting to their new position in the order of things. As EuroGamer's Rob Fahey puts it, the people behind print magazines have to "accept that they'll never be the dominant force in games coverage ever again, and I think that might be too painful for a lot of magazine writers to accept just yet."


— —

Thursday, May 17, 2007

Magazine Suspends Its Run in History

Magazine Suspends Its Run in History
By CHARLES McGRATH
http://www.nytimes.com/2007/05/17/arts/17heri.html?_r=1&adxnnl=1&oref=slogin&ref=arts&adxnnlx=1179401519-DttO7Edd5Fwuor+pZDfZqg

After more than 50 years American Heritage, the magazine that furnished not just the minds but, in its original hardcover format, the dens of generations of American history buffs, is suspending publication, its editor, Richard F. Snow, said last week.

The bimonthly magazine, which is owned by Forbes Inc., has been for sale since January, and in the absence of a buyer, Mr. Snow said, the publishers have decided to put the next issue, June-July, on indefinite hold. For at least the time being, however, American Heritage will continue to maintain a Web site.

That leaves Mr. Snow and his staff, which has dwindled to four from a dozen, in limbo, where they have been since just before Christmas, when they were informed that the magazine was going on the block. “It’s a little like sailing the Flying Dutchman through the fog,” Mr. Snow said. “On the other hand, I’ve been here for 40 years, so I can’t really bitch about job instability.”

The magazine has always been a bit of an anomaly among American publications.

The circulation is currently 350,000, or as high as it has ever been, and hundreds of those readers can still be reliably counted on to write in arguing about the true causes of the Civil War or, as happened recently, to point out that the author of a World War II article doesn’t know the difference between the M-1 rifle and the M-16, which didn’t come in until Vietnam.

American Heritage was founded in 1954 by James Parton, Oliver Jensen and Joseph J. Thorndike Jr., refugees from Life, who from the beginning broke most of the rules of magazine publishing. They determined not to accept ads, for example — on the ground that there was a “basic incompatibility between the tones of the voice of history and of advertising” — and instead charged a yearly subscription of $10, a figure so steep at the time that readers were allowed to pay it in installments. They also published in clothbound, hardback volumes with full-color paintings mounted on the front.

The format was an instant hit with readers, who instead of tossing back issues often shelved them in their bookcases, but it initially confounded the United States Post Office, which decreed that American Heritage could use neither the book rate nor the periodical one. That ruling was eventually overturned, but not until the magazine had almost bankrupted itself by paying for parcel post.

The first editor of American Heritage was Bruce Catton, a Civil War historian who wrote in the inaugural issue in December 1954 that “the faith that moves us is, quite simply, the belief that our heritage is best understood by a study of the things that the ordinary folk of America have done and thought and dreamed since first they began to live here.” In the beginning, at least, that meant a fair amount of WASPy nostalgia and a steady ration of stories about the Civil War. That inaugural issue, for example, includes a piece about a Union general who was falsely accused of treason in 1862, as well as articles about the country store, the Fall River steamship line and a lament by Cleveland Amory about the decline of New York men’s clubs.

Mr. Snow, 59, went to work in the American Heritage mailroom in 1965, when Columbia University insisted he take a little time off, and joined the staff full time when he finally graduated, in 1970. He has been there ever since, and in 1990 he became the magazine’s sixth editor, succeeding Byron Dobell.

Either he was a perfect fit to begin with, or over the years he has taken on many of the characteristics of his workplace, for he now closely resembles his own magazine. He is quite youthful looking, on one hand (probably because he is one of those people who mature early and then never change), and a little old-fashioned on the other. He speaks in perfectly turned paragraphs and may be the last person left in New York to unself-consciously use “indeed” as an exclamation.

He favors gray suits and sweater vests, his telephone manners are impeccable, and he has a bubbling, high-pitched voice that turns a simple “hello” into something that resembles the opening bar of a Broadway show tune. Like his magazine he has an almost insatiable curiosity and is particularly expert on the Revolutionary and Civil Wars, not to mention Coney Island amusement rides at the turn of the last century.

Mr. Snow has been at American Heritage long enough that he can remember when it was an empire in the mid-’60s, employing 400 people, with the magazine as a flagship for what was in effect a publishing company selling books, many of them by some of America’s best-known popular historians, by direct mail. He was managing editor in 1980, when the magazine ceased publishing in hardback (except for subscribers who wanted to shell out extra for what Mr. Snow now calls a “padded, leatheroid edition”), and in 1982 when, bowing to economic necessity, it began soliciting ads.

“We all felt very bad about taking advertising,” Mr. Snow recalled. “But it had the odd effect of making us feel we were in touch with the world. There was a sense of a living connection to a process that was actually sort of fun — or at least it was fun while we were getting ads.”

American Heritage remained more driven by circulation than by ads, however. According to Scott Masterson, a senior vice president at Forbes and president of American Heritage, the magazine was losing money when Forbes bought it in 1986 and then bounced back for a while. But in the late ’90s, Mr. Masterson said, it failed to reap the kind of profits that many magazines did, and after 2001 it experienced the same downturn that afflicted the magazine business in general and had trouble recovering.

Part of the problem was the Internet, Mr. Snow said. “We’re really a general interest magazine,” he said. “We don’t play to a history buff in any narrow sense — like the Civil War re-enactors, for example. They can go on the Web and get thousands and thousands of hits.”

Three years ago Mr. Snow and Mr. Masterson decided to embrace the magazine’s aging readership and rejiggered American Heritage to appeal more specifically to baby boomers, mostly publishing articles about things that had happened in their lifetime. The formula was an editorial success, Mr. Snow said, yielding articles like one that appeared in the February-March issue about the Wrecking Crew, an unheralded studio band that played on many hit records in the ’60s and ’70s. But it failed to provide the hoped-for bump on the business end. “Forbes has been very, very patient,” he said. “but basically they’ve been carrying us for a while.”

Over lunch recently at Keens — another venerable New York institution, decorated with old clay pipes and playbills and where he pointed out, for the sake of accuracy, that the famed mutton chop is really lamb — Mr. Snow lamented that the next issue of American Heritage might never get into print.

“We’re just about finished with the issue, and we have a particularly fine piece by Teller, the nontalking half of the Penn and Teller team,” he said. “It’s a superb piece of writing, an essay about a fellow named David Abbott, who was a great American magician.”

Mr. Snow added, “You know, some issues are better than others, but I don’t think there’s been a single one where anything really bored me.”

He said he was still unsure about his own fate, but if need be he could go back to writing historical novels. “I’ve written four,” he said. “Two were loathed by everyone who read them, but two actually got published.” And no matter what happens, he has worked out a crucial point of his severance: He gets to keep his Royal manual typewriter.

“That was the typewriter I was assigned in 1970, and it will follow me to the grave,” he said, and he added: “I wish this were more a sign of granitic stability, but in fact it’s a sign of my computer incompetence. I use it just to type labels, but it works beautifully. Every year someone comes in and cleans it. I don’t think he’s paid by Forbes. He’s some spectral presence who just turns up.”

Tuesday, May 08, 2007

Beam To Restrict Ad Buys To Media Reaching 75% Legal Drinking Age

Beam To Restrict Ad Buys To Media Reaching 75% Legal Drinking Age
by Joe Mandese, Tuesday, May 8, 2007 8:30 AM ET

BEAM GLOBAL SPIRITS & WINE Inc., marketer of Jim Beam bourbon and other distilled spirits brands, Monday announced a voluntary standard that would restrict its print, TV and radio advertising to media whose audience composition is at least 75% legal drinking age consumers. The move raises the stakes among alcohol marketers who have adopted a voluntary industry standard of placing ads in media with 70% of their audience of legal drinking age. Beam also committed that on an "aggregate annual basis," its advertising would reach a minimum average of 85% of legal drinking age consumers.
In addition, the company announced it has voluntarily established the following policies:


* Not to market or advertise at "Spring Break" events nor utilize the term "Spring Break" in any marketing materials.
* To restrict brand images in video games.
* Not to market or sell any products in the "Flavored Malt Beverage" category.
* Not to advertise on outdoor locations within 500 feet of playgrounds.

Beam said it received a letter signed by 37 state attorneys general applauding its move.

Friday, May 04, 2007

Time Warner's Parsons: I Won't Sell Magazine Biz

CNBC's Maria Bartiromo interviews TWX's Dick Parsons
by Jon Ogg
Filed under: Television, Time Warner (TWX), Interviews, News Corp'B' (NWS), Dow Jones and Co (DJ)
http://www.bloggingstocks.com/2007/05/03/cnbcs-maria-bartiromo-interviews-twxs-dick-parsons/

CNBC's Maria Bartiromo has interviewed Time Warner Inc's (NYSE: TWX) Dick Parsons about a myriad of issues, and more of this will be showed later.

She asked Parsons about selling the magazine business: He noted that it has acquired magazines and that it has been pruning that back to what it thinks works inside the company. Parsons said he likes magazines and publishing and will stay in the field, which he has maintained before.

Bartiromo also asked him about the integration of print to online via AOL, People.com, Time.Com and the like: Parsons said letting AOL integrate all the properties didn't work from the start. AOL is a broad portal and the company wants to make its content available across many platforms and many formats. It wants to distribute as much content as it can. As far as keeping AOL, Parsons said it is increasing performance and once Wall Street understands that this is a sustainable model enabling it to grow faster than the industry as a whole, there will be more support of this strategy.

Bartiromo also asked "How do you drive revenues into new products at AOL?" Parsons noted that AOL needs users rather than subscribers. It wants to bring back people who left AOL (or those who were never there), and monetize the visits to keep revenues growing. AOL is in a growth mode again, he said. Bartiromo noted that the cash flows are something to be jealous of and asked about private equity. Parsons said they (private equity) are looking at committing capital to everything. The current construction of AOL is the horse to ride, and that's the plan.

Bartiromo's interview was pre-recorded and Parsons' message about his opinion on the News Corp (NYSE: NWS) offer to buy Dow Jones (NYSE: DJ) will be a topic. Stay tuned......