The media world is still a ways away from getting to the bottom of what was really behind the abrupt firing of Time Inc. chairman and CEO Jack Griffin, but considering how short Griffin’s tenure was, and the way his exit leaves Time Warner CEO Jeff Bewkes exposed, this much must be true: There’s probably more to the story than the official company line that Griffin was fired after a mere six months on the job because his leadership style didn’t “mesh” with Time Inc.
Magazine publishers’ inability to sell their products in online bookstores makes them especially vulnerable to the demise of Borders and other traditional booksellers.
One day after Apple introduced its controversial subscription service, Google has announced that it will also offer a subscription service for digital content, called Google One Pass.
Once, Next Issue Media looked like it might have a bright future. An unprecedented collaboration by five of publishing’s biggest companies, Next Issue was intended to secure their digital future by preparing magazines for digital delivery and creating an iTunes-like online newsstand from which to sell them.
Condé Nast announced on Monday the launch of digital editions of its magazines for Google’s Android. The announcement comes less than a week after Time Inc.’s Sports Illustrated announced an “all-access” initiative allowing customers to access SI content on all devices for one price – and partnered with Google to do so
In this digital age, the media and entertainment industry may be struggling to hold the public’s attention, but they certainly caught the eye of their creditors.
That’s because a third of all large corporations that defaulted on their debt in 2010 were media or entertainment companies, according to a Standard & Poor’s report issued this week.
Time Inc. launched its version of the digital future of magazines Friday—introducing a single subscription for print, computers, tablets and mobile devices—but gave no update on if and when this would include subscriptions on Apple's iPad, the dominant device among a new generation of tablet computers.
In recent weeks, we’ve heard growing concern from magazine and newspaper publishers regarding the challenge of providing content for mobile media while preserving their print franchises. The concern is nothing new, but it’s apparent that content providers are at risk of losing track of their customers like toddlers in a shopping mall.
Magazines have lost a little bit of paid circulation -- again.
Glossy publishers still counted more than 308 million paying readers in the new semiannual circulation report from the Audit Bureau of Circulations despite the latest drip of declines. That's a hefty customer base even if it's down from nearly 312 million in the report a year earlier. And it's not certain that magazines are merely helplessly losing ground among the media passions Americans will pay for.
Time Warner is reviewing its strategic options for IPC Media, the owner of Marie Claire, Nuts, Horse & Hound and NME
One of the things that sets Net-a-Porter apart from its online competitors is former journalist Natalie Massenet's brainwave of pairing designer clothing for sale alongside snappy editorial web content - and a glossy magazine sent out to her customers. It's a formula that keeps fans loyal, and Net-a-Porter's success (a database of 3m unique users and 170 countries so far) has inspired other retailers to employ journalists to produce customer magazines, as well as branded online e-zines, blogs, video and shopping guides.
Rolling Stone increased newsstand sales nearly 19% in the second half of last year as its story on Gen. Stanley McChrystal, since retired, and provocative covers with Lady Gaga and the "True Blood" cast resonated with readers.
We've long suspected that one secret to major financial success on the iPad is pornography, but Steve Jobs has always firmly vetoed any sort of explicit content. With the news that Playboy is coming to the iPad in an uncensored version in March, debate about the matter is heated. But it doesn't mean porn is coming.
Ever since the iPad came out, print media companies have been feeling their way in this new medium, but so far they've just been stumbling over themselves.
They are latching onto the iPad as a new walled garden where people will somehow magically pay for articles they can get for free in their browsers. But if they want people to pay, the experience has to be better than on the Web, and usually it's not.
In its latest TV spot for the iPad, Apple boasts more than 60,000 apps now available for the tablet device. That is good news and bad news. Certainly, it speaks to the robust developer economy that has sprung up around the iPad.