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******* Rodale reported an increase in second-quarter print advertising revenue Wednesday, up 8.3 percent from a year ago. Online revenue rose by 27.1 percent and, on the Web, uniques and page views were up 74 percent and 94 percent, respectively. But despite an overall rise, Men’s Health reported flat revenue for the quarter, with ad revenue down 7.8 percent and ad pages down 13 percent. Ad revenue on the magazine’s Web site was a different story, however, up 42.4 percent from last year. Men’s Health is also planning to publish a second Men’s Health Living special in December. Women’s Health continues to increase revenue and ad revenue, up 40.4 percent and 89.5 percent, respectively. Web site revenues rose by 100.7 percent and the magazine is planning another rate base increase to 1.35 million, from 1.1 million, set for the January/February 2009 issue. The company reported Best Life added 26 new advertisers during the quarter and was up 38.9 percent in ad revenue and 22.5 percent in pages. The privately held Rodale reports percentage increases or decreases in revenues, but not actual figures or profits. MORE ONLINE
2. WWD Memo Pad
Though there are two new chief executives at the helm of Martha Stewart Living Omnimedia Inc., one thing hasn’t changed: the incremental, under-the-radar layoffs. Reports have spread throughout the company in the past few days of at least a dozen departures, possibly more, across several divisions. The highest-level cut seems to be president of broadcasting Sheraton Kalouria, a 2005 hire by previous chief executive Susan Lyne, who had worked with Kalouria at ABC. A call to the company confirmed Kalouria was no longer working there. Brent Ridge — a fixture at Martha Stewart Living media properties, including radio, who has the title of vice president for healthy living — is also said to have seen his role reduced, but it could not be confirmed by press time. A spokeswoman for the company did not respond to a detailed request for comment. In the second-quarter earnings call last week, an analyst asked chief financial officer Howard Hochhauser if a “specific new cost program” was being implemented at the company. Hochhauser said it was not.
3. The Wall Street Journal
The Week magazine has hired a new top editor and raised its rate base for the third time in a year. Francis Wilkinson, formerly the blog editor at the Huffington Post, has assumed the newly created position of executive editor at the fast-growing news and opinion magazine owned by Felix Dennis. Mr. Wilkinson, 48 years old, a former Democratic consultant and reporter, last year oversaw the expansion of the Huffington Post where he recruited many of the site's bloggers. In the early 1990s he won a National Magazine Award for a story about abortion that appeared in Glamour magazine. In his new role he will serve as a deputy to William Falk, the magazine's editor in chief, said Steven Kotok, general manager of The Week. Mr. Wilkinson will help Mr. Falk edit the magazine and will be responsible for expanding and bringing more original content to theweek.com, the URL that the company acquired earlier this month. MORE ONLINE
4. Folio
Denver, Colorado is gearing up for the Democratic Convention later this month, and 5280, the city’s well-regarded regional magazine, scored a bit of coup by landing Shepard Fairey, the renowned street artist, to design its August cover. “I honestly think it's the best issue we've ever done,” Daniel Brogan, 5280’s editor and publisher, wrote in an e-mail to FOLIO: Fairey, who gained notoriety in the late 1990s for his viral “Obey” designs, featuring an iconic image of Andre the Giant, received similar critical acclaim for a Barack Obama poster he designed earlier this year. MORE ONLINE
5. Media Week
The second quarter of 2008 proved to be a mixed bag for Time Warner, as the media conglomerate enjoyed solid growth at its TV and movie units, while continuing to feel the burn at AOL and Time Inc. Time Warner posted consolidated net income of $792 million on the quarter, a 26 percent drop-off from the year-ago period, when it reported a take of $1.07 billion. Revenue increased 5 percent to $11.56 billion, up from $10.98 billion. Buoyed by a particularly strong performance from the Turner Entertainment networks, Time Warner’s networks division realized profits of $749 million, an increase of 18 percent versus the second quarter of 2007. Sales at TNT and TBS helped push overall revenue to $2.83 billion, a 9 percent increase over the year-ago haul ($2.6 billion). MORE ONLINE
************ JOBS ... that GAYOT.com, a restaurant, travel and lifestyle website in Los Angeles, is looking for an Editorial Assistant. This is an entry-level position for a candidate with an excellent command of the English language, a bachelor’s degree, and some previous experience writing and editing (published preferred, but unpublished no problem). We’re looking for someone self-motivated, organized, and efficient to provide support to the editors, create and maintain web pages, edit and proofread articles, optimize images for the web, give creative input, and write occasional articles, blurbs, headlines, etc. Working knowledge of Dreamweaver, Photoshop, HTML a plus. Salary based on skills and experience. Local applicants only, please. For even more jobs, go to http://www.ed2010.com/jobs/whisperjobs
or INTERNSHIPS ... that NYmag.com's Online Fashion Department seeks interns to contribute to exciting New York Fashion Week coverage. Candidates must be able to identify trends, fabrics, models, designers, and possess a love of everything fashion. Any HTML knowledge is a plus. The ideal candidate will have previous fashion internships, be eager, outgoing, professional, work efficiently with computers, and be able to work in a fast-paced, extremely deadline-oriented environment. Candidates MUST be able to work entire duration of New York Fashion Week, September 5 to September 12, including the weekend. Night positions are also available. Please DO NOT APPLY if you can not work that entire week. This is a paying position. There will be training pre-Fashion Week, with possible opportunity to continue work post-Fashion Week. If interested, e-mail fashionjobs@nymag.com with your resume and a brief letter of interest. No phone calls please. Only accepting applications until 8/15/07. For even more internships, go to http://www.ed2010.com/ed-campus/internships/list or
********* Whisper jobs or internships to share? Send 'em to whispers@ed2010.com. Ed'll keep it anonymous for you. Ed’s blogging! Catch up with what the big guy’s thinking at Ed2010speaks.blogspot.com or read the young musings in Ed’s Intern Diaries at www.ed2010.com/boards/section/ed-campus How to unsubscribe from this newsletter: How to subscribe: |
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August08, 2008 - Happy Summer Friday! >> |
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