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<< October23, 2006 - Anna named Editor of the Year, bad mag covers and a few jobs October27, 2006 - Ed2010 News >>

Subject: Lots of news from Phoenix - October24, 2006


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Weird. Ed's fortune cookie just said "count to 10 when you're angry." Is that
really a fortune?
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News
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1. New York Post br> TIME MAY BREAK UP MAGS TO MAKE SALE
By Keith Kelly
10/24/06
http://www.nypost.com/seven/10242006/business/
time_may_break_up_mags_to_make_sale_business_keith_j__kelly.htm

PHOENIX - The first-round bids for the 18 magazines that Time Inc. is
auctioning off are due next week and the word here in Phoenix at the American
Magazine Conference is that many of the magazine publishing houses are sitting
this one out.

Sources say that Hearst, Cond? Nast and Rodale are not expected to submit bids.
However, Hachette Filipacchi and Bonnier Group, a Stockholm-based publishing
giant that purchased World Publications in the United States, are expected to
bid, as is Curtco Media, which owns the Robb Report.

But the overwhelming majority of bidders are expected to be so-called financial
players, private-equity firms that are looking to establish or expand their
footprint in the U.S. Ann Moore, CEO of Time Inc., said she prefers to sell to
a publishing company, and if a private-equity firm bid the same amount as an
established publisher, she'd be inclined to give it to the established
publisher.

MORE ONLINE

2. BusinessWeek
Live From The American Magazine Conference: Ann Moore Speaks
By Jon Fine
10/23/06
http://www.businessweek.com/innovate/FineOnMedia/

Time Inc. Chairman-CEO Ann Moore was interviewed onstage today by Newsweek's
President Rick Smith while on a panel of industry CEOs. Near the end of the
panel, Smith asked Moore if, perhaps, a different kind of ownership structure
might work better for Time Inc.

Her response:
"No question."

She compared herself to Paul Pressler of the Gap and Rick Wagoner of General
Motors: "There is so much short-term pressure on us. . . . It's a tough road
but that's the job." (Before she made that comment, she suggested her moves at
Time inc. to prune the portfolio were reminiscent of what A.G. Lafley did at
Procter & Gamble--shrinking product offerings and focusing on key brands.)

MORE ONLINE

3. WWD
Memo Pad: Jetting In... Growing The Brand
By Stephanie D. Smith and Irin Carmon
10/24/06
http://wwd.com/issue/article/110176

JETTING IN: So much for those tight budgets at Time Inc. While most editors and
publishers attending the American Magazine Conference at the Arizona Biltmore
Resort & Spa shuttled in by commercial flights, the Time Inc. brigade
including chief executive Ann Moore; People group editor Martha Nelson; Ed
Lewis, chairman and founder of Essence, and several major Time Inc. advertising
clients   breezed in on a private jet. And just to rub it in, they landed at
3:45 Sunday afternoon, 15 minutes before AMC conference chair Christie Hefner
took the stage to welcome attendees.

GROWING THE BRAND: Another In Style book, "Instant Style: Your Season-By-Season
Guide for Work and Weekend," hits the shelves this week   the fifth one since
2003. Meanwhile, detangling instyle.com from AOL control in July seems to have
paid off in terms of both traffic and advertising. (AOL still sells about 20
percent of instyle.com's ad inventory.) Media Metrix traffic numbers for the
first half of 2006 show instyle.com's monthly unique visitor figures beating
those of its nearest competitor, Style.com, with approximately 1.2 million,
versus about 650,000 for its Cond? Nast-owned rival.

MORE ONLINE

4. Mediaweek
AMC Notebook: Publishers Look Beyond the Page
By Lucia Moses
10/23/06
http://mediaweek.com/mw/news/print/article_display.jsp?vnu_content_id=
1003286640

A sense of optimism and urgency marked the opening of the annual American
Magazine Conference here Sunday, as publishers and editors recognized their
medium's unique strengths and challenges in the face of rapidly changing
technology and reader habits.

"Magazines are the most personal form of mass communication," proclaimed
Christie Hefner, Playboy Enterprises chairman and AMC conference chair, in
welcome remarks at the Magazine Publishers of America conference at the Arizona
Biltmore Resort & Spa.

Indeed, the MPA planned to reveal new research that argues that people respond
differently to ads in magazines than in other media (see Brandweek's Steve
Miller report: MPA: Print Still Effective Ad Buy). The analysis by Marketing
Evolution for the association showed magazines drove the highest levels of
purchase intent when compared to TV and online.

MORE ONLINE

5. Radar
Cost Cuts Hit Hearst
By Jeff Bercovici
10/23/06
http://www.radaronline.com/exclusives/2006/10/
cost-cuts-crimp-hearsties-style.php

After the gala opening of Hearst's new Norman Foster-designed headquarters
where guests including Oprah Winfrey and Martha Stewart took in performances by
Cirque de Soleil and Stevie Wonder  employees of the family-owned publishing
house may have felt like times were good.

But a reality check came last week in the form a belt-tightening memo from
executive vice president John Loughlin, which went out to top managers at all
Hearst titles, including Cosmopolitan, Harper's Bazaar, Seventeen, and Esquire.

"As we confront an increasingly challenging publishing environment ... we have
to make each of the expense dollars we spend work harder," writes Loughlin,
previewing the company's new guidelines for travel and entertainment costs.

MORE ONLINE

6. AdAge
Barnes & Noble CEO Wants More Magazines in Stores
By Ann Marie Kerwin
10/23/06
http://adage.com/amc06/article?article_id=112666

The magazine industry seems to feel a bit under siege these days, so when
Barnes & Noble CEO-Vice Chairman Stephen Riggio took the stage at the American
Magazine Conference to say he'd like to expand magazines' presence in his
stores, he brought a smile to the industry's collective face.

In an interview conducted by Hearst Magazines President Cathleen Black, Mr.
Riggio revealed that the one product he would love to add more of to his stores
are magazines. That's because he's found one of the keys to Barnes & Noble's
growth is offering the widest possible selection on as many topics as possible.

'Aspirants' "Our consumers are interested in news, fashion, entertainment,
crafts. What's exciting to me is to look at customers and see someone with a
stack of books, a how-to magazine, a magazine on Buddhism, one on crafts. This
is the most eclectic, hungry group of consumers; we call them aspirants," he
said. "They spend on average an hour per visit. This is a captive audience. We
have to work together to sell more magazines to them, find more innovative ways
to display them. Ten percent of our sales in Barnes & Noble come from
magazines. We can get that up. We can sell more."

MORE ONLINE

7. Jossip
Another Budget Travel Refugee: Erik Torkells Loses No. 2 Pegi Goodman
By Jossip Editors
10/23/06
http://www.jossip.com/gossip/budget-travel/
another-budget-travel-refugee-erik-torkells-loses-no-2-pegi-goodman-20061023.php

This story begins with crappy paper stock, peaks at dwindling page counts, and
ends with yet another Budget Travel departure (no departure party, though!).
Adding to editor Erik Torkells' troubles (he's been there since fall of '03) is
the exit of his No. 2, Pegi Goodman. We're hearing the BT creative director is
out at the door on not so good terms. A tipster   who describes BT as a
"sinking ship" (if Tipster didn't, we would have had to)   points out that the
magazine's subscription and newsstand numbers haven't grown since Torkells took
over. That's what industry types like to call "bad news." To be sure, Goodman's
trot into the sunset comes on the heels of Nina Willdorf's decampment to Travel
+ Leisure (after Torkells took credit for her launching spin-off Girlfriend
Getaways) as well as the exits of several mid-level staffers. Budget Travel's
owner   a little magazine called Newsweek   must be so pleased.

8. FishbowlNY
Local David Remnick Groupies Crash AMC After-Party In Phoenix
By Fishbowl Editors
10/24/06
http://mediabistro.com/fishbowlny/

We're not sure if this is an indictment of American celebrity or just plain
sad, but shuffling between the cigar bar at the American Magazine Conference's
"late-night DJ party" and the bar at the Arizona Biltmore we encountered what
can only be described as "magazine executive groupies," who had crashed the
after-hours portion of the conference with the express purpose of meeting New
Yorker editor David Remnick and, if not Remnick, Jane editor Brandon Holley.

Armed with vague sounding business cards, the groupies, however, went home
disappointed. "We heard he left right after his Obama interview," said one of
the "groupies" who asked not to be identified. "We saw the schedule online and
just decided to show up," another said. "Plus, we're sick of Phoenix and want
better jobs."

Holley, who did not partake in the cigar smoking session, bolted before the
"groupies" could get to her. These were not the only magazine groupies to
surface at AMC. Other "attendees" without laminates left the conference hall
hauling armfuls of complimentary general interest magazines, multiple copies of
Playboy in tow. "They probably just wanted something to read by the pool," a
fellow attendee said.

9. FishbowlNY
AMC 2006: Hachette Prez: 'Closing A Magazine No More A Sign Of Industry Death
Than Cancellation Of A TV Series'
By Fishbowl Editors
10/24/06
http://mediabistro.com/fishbowlny/

Roughly a year removed from blasting magazine circulation metrics in his
remarks as chairman of the Magazine Publishers of America at the 2005 American
Magazine Conference, Hachette president and CEO Jack Kliger was defiant in his
spin on the industry's spate of magazine closings at this year's pow-wow:

We should be willing to eliminate unproductive products without fearing that
thinning the herd means we are signaling our industry's demise. Because closing
a magazine is no more a sign of the death of the industry than the cancellation
of a TV series means the shutdown of a network, or a haircut is a sign that
you're going bald. Most of the time, it's quite the opposite.

Kliger, whose Hachette Filipacchi shuttered the print version of Elle Girl
earlier this year, clearly hasn't seen Bruce Willis recently. Still, the
message of his talking points was clear: "Let's take full advantage of the
power of our brands. And let's use technology to go 'beyond the page.'"p>

10. Ask Metafilter
Metafilter, "magazine" of the future!
October 20, 2006
http://ask.metafilter.com/mefi/49045

If The Atlantic Monthly (or Harper's, or The New Yorker) were founded today,
would it be Metafilter? I'm actually with The Atlantic , and I'm writing an
article about the future of serious, high brow general interest magazines. IMO,
Metafilter provides a good model for what's coming. But I want to hear what you
think. I'm especially interested in hearing from people who work in journalism,
and magazine journalism in particular. Editors, writers, people on the business
side. If you'd like to respond (or talk to me) off the air, write me at "mpoe
at theatlantic dot com." Thanks in advance.

MORE ONLINE

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Whisper Jobs
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Ed hears ...

that Niche Media is looking for a full-time copy editor, preferably with at
least six months' consumer magazine exp. E-mail resume and cover letter,
including salary requirements, to jobs@nichemediallc.com. Only resumes with sal
reqs will be considered. (OK to mention Ed)

Internships

...that In Style is looking for a full time beauty intern (Monday-Friday,
10am-6pm), available immediately. This is a paid editorial internship and
requires a four month commitment. Intern duties include: fielding publicist
queries, keeping track of beauty products, organizing products in the beauty
closet, researching information for articles, as well as administrative work
(faxing, making copies, sending faxes, etc.) Our ideal candidate must have a
strong interest in magazines, fashion, beauty (makeup, skin care, and hair),and
entertainment, familiarity with beauty products and companies, as well as
excellent administrative and organizational skills. The beauty intern is an
integral position in our department, so we are looking for someone with an
interest in beauty who is also super-resourceful and responsible. All
applicants should send a cover letter (stating specifically why you want to
work in beauty editorial) and resume to instylebeautyintern@gmail.com.

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