Since PC Magazine is for the tech crowd the announcement that the publication (can’t call it a magazine anymore I guess) would cease printing a hard copy and be a strictly online operation isn’t a surprise. The New York Times covers this change in the flagship of Ziff Davis Publishing while the company reports that the magazine would be profitable in 2008 but it is forecast to lose money in 2009. Magazines as a whole are facing increasing competition from their online foes which are eating into advertising revenue. Coupled with a general economic malaise that is getting a tighter...
There’s an entire industry built around getting web pages to appear higher in search engine results. Social network Facebook is moving deeper into it. This weekend, the Palo Alto, Calif. company has begun what looks to be a roll-out of a new public view of your user profile, intended to send search traffic to official Facebook advertiser “Pages.” When you join a Page, you’ll soon have a link to that Page appear in the public version of your Facebook profile, apparently. Your public profile is already indexed by search engines and already appears in search results. For many of Facebook’s...
CosmoGirl is spitting out its last issue this December. With magazine sales falling off a cliff and more young girls choosing Cosmo itself over its sexless tween counterpart, CosmoGirl's ad pages dropped 14.5 percent in the first half of 2008. So, Hearst is cutting its losses and focusing on Seventeen. But don't worry, there won't be a sudden dearth of Jonas Brothers coverage. The CosmoGirl Web site is still raking in the ad bucks and will remain online. In fact, tween content has been steadily growing online through cheaper-than-print virtual worlds like Neopets and Club Penguin. Disney's Club Penguin...
The Jeff Bewkes happy-talk tour continues. After making the case for optimism to Portfolio's Lloyd Grove on Monday, the Time Warner CEO reiterated at the Goldman Sachs Communcacopia Conference this afternoon. Bewkes talked about the upside of the digital revolution for media companies, skirted questions about how Time Warner intends to dispose of AOL, and even had nice words to offer about the magazine business, saying he wouldn't rule out acquiring more titles. "We all know print's got secular issues and [is] a little slow but there are some magazine titles, like People, InStyle and Real Simple, that are...
Filed under: Industry, OpEd, Reality-FreeIndustry staple magazine TV Guide will be co-opted by the Walt Disney-owned ABC network for its August 25th issue. The issue will have 21 ad pages, all of which will be promoting ABC. It will also contain a DVD with a sneak-peak at ABC's fall shows.To me, this willingness of TV Guide to prostitute itself out for an issue is an example of how print media is in decline and how desperate TV Guide must be for advertising dollars. On the other hand, TV Guide is released with such frequency that people will likely forget such...