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August18, 2008 - EdNews: A Monday Afternoon Treat >> |
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******* For those who thought Portfolio might have at last found a tried-and-true cover formula, think again. According to the magazine?s newsstand figures, conceptual covers and those featuring real-life executives have performed almost equally so far this year. Sources close to Portfolio estimated that both the February issue with a condiment-packed burger on the cover and the July one with Starbucks founder Howard Schultz have been the strongest sellers thus far in 2008, selling around 29,000 copies each. The January cover of a model dressed as a spy and the April issue with a pale woman?s leg in a red high heel sold just about as many copies as Portfolio?s June issue with IAC/InterActive Corp.?s Barry Diller, or about 25,000 copies on average. MORE ONLINE
2. WWD
American Media Inc. has been on a roll in the last few weeks thanks to its National Enquirer operation blowing away all media in coverage of the John Edwards sex scandal. Now it has more good news: The publishing group on Thursday reported net profits of $388,000 in the first quarter versus a net loss of $123,000 in the same period a year ago. Revenues were down 2 percent to $119 million because, like every other publisher, AMI has seen general market softness in ad spending. Chief executive officer David Pecker said AMI?s ad pages were down 3.2 percent from Jan. 1 through July 31, but claimed that?s the smallest decline of any publisher with more than 3,000 ad pages.
3. The Independent (UK)
The Brangelina twins have arrived, Madonna will enter her sixth decade tomorrow and we are in the midst of the latest series of Big Brother. But despite the glut of celebrity gossip, sales of celebrity magazines have hit the buffers. Titles such as Heat!, Closer and Reveal saw their sales plunge, in the latest figures from the Audited Bureau of Circulation. The success of gossip websites, the economic downturn and growing apathy towards Big Brother were responsible for the collapse, industry experts said. MORE ONLINE
4. Folio
Facing a brutal economy, another magazine publisher has announced a series of staffing cuts. Indianapolis-based Emmis Communications eliminated 4.5 percent of its workforce?about 40 positions?from its magazine publishing division. An Emmis spokesperson could not be immediately reached for comment. Emmis also slashed the salaries of remaining publishing employees by 2 percent. In a statement, a spokesperson called the job and salary cuts ?considerably more thoughtful and measured than what we?ve seen from many of our peers.? Emmis publishes Texas Monthly, Country Sampler, Cincinnati, Indianapolis, Atlanta, Los Angeles and Orange Coast magazines. Last month, Emmis reported its fiscal first quarter net revenue at $86.8 million, mostly flat from $87.3 million during the same period last year. Operating income was $12.6 million, compared to $12.1 million for the same quarter of the prior year. MORE ONLINE
5. Toronto Star
The Source, which was in bankruptcy last year, is relaunching with a 20th-anniversary issue and a new focus ? a direction that its co-publisher says will restore the magazine, once known as hip-hop's bible, to prominence. "It's a very seminal period, an opportunity to both celebrate 20 years of content and the fact that The Source was a leader in chronicling the culture of hip-hop," said L. Londell McMillan, a media and entertainment lawyer who, along with investment banker Jeffery Scott, purchased The Source earlier this year. The new issue, which hits newsstands next week, features four separate covers of hip-hop pioneers LL Cool J, Ice Cube, Queen Latifah and Nas, photographed by movie director Spike Lee. MORE ONLINE
************ JOBS ... that DRAFT Magazine, a national men's beer magazine (circ. 300,000), is seeking a Senior Web Editor to generate fresh content, manage bloggers and input magazine content onto our soon-to-be-relaunched site. The Senior Web Editor must have experience with Web site content generation and posting (daily preferred), including video and audio clips. Must also have degree in journalism (or comparable work experience) and be well-versed in AP style. Knowledge of beer and the beer industry is an advantage. Work is daily and fast-paced; we are a small, hardworking office in need of another self-motivated staff member. Submit a resume, three writing samples and links to Web sites you have previously worked on to Erika Rietz, Editor-in-Chief, at erika.rietz@draftmag.com. Please state "Senior Web Editor" in the subject line of your email. No phone calls, please. (OK to mention Ed) For even more jobs, go to http://www.ed2010.com/jobs/whisperjobs or INTERNSHIPS ... that INK Publishing (www.ink-publishing.com), which produces more in-flight magazines than any other publisher in the world, is looking for a dedicated and motivated fall intern for the editorial department in NYC. This person must be able to work 2-3 days a week and receive college credit. Must be hard-working and able to keep up in a fast-paced environment. The job will include copy editing, work around the office and the opportunity to be published in our magazines. The company currently publishes two in-flight magazines out of the NYC office. Please send a resume and short cover letter to alexandra@ink-publishing.com and include "editorial intern" as subject. (OK to mention Ed) 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: |
| << August14, 2008 - Ed News for the beach! |
August18, 2008 - EdNews: A Monday Afternoon Treat >> |
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