Ladies' Home Journal to Cease Publishing After 130 Years
Meredith has announced it will cease publication of the Ladies' Home Journal. The magazine, first published in 1883, has been published for 130 years. Bloomberg reports that the Meredith will only use the brand online and to publish special stand-alone newsstand issues. July will be the last regular issue of the magazine. An image of the magazine's April issue is pictured.
Ad Age reports that the entire staff of 35 people were let go this morning. Ad Age says the magazine hit a circulation peak in 1968 of 6.8 million. The current circulation for Ladies' Home Journal is about half that at 3.2 million, which is still a large number of subscribers.
The subscriber number was not the problem. It is the tough advertisement environment that is being blamed for the magazine's demise according to AdWeek. A spokesperson for Meredith says, "You've got a women's lifestyle field that has expanded from the original Seven Sisters to a much broader field competing for limited ad dollars. When we looked at our brands, Ladies' Home Journal unfortunately had a higher median age than other titles in that field."
Posted on April 24, 2014
Amazon.com and HBO have announced a multi-year deal. As part of the deal Amazon will make some older HBO series available for unlimited streaming to Amazon Prime members starting May 21. Some of the programs include The Sopranos, The Wire, Deadwood, Rome, Band of Brothers and John Adams. Select seasons of current series, such as Boardwalk Empire and True Blood will also be available.
Brad Beale, Director of Content Acquisition for Amazon, said in a statement, "HBO has produced some of the most groundbreaking, beloved and award-winning shows in television history, with more than 115 Emmys amongst the assortment of shows coming to Prime members next month. HBO original content is some of the most-popular across Amazon Instant Video - our customers love watching these shows. Now Prime members can enjoy a collection of great HBO shows on an unlimited basis, at no additional cost to their Prime membership."
The deal also includes the availability of HBO Go on Fire TV, Amazon's recently launched streaming black box. HBO Go will launch on Fire TV by the end of the year according to the companies.
Re/code reports that Amazon paid over $300 million to HBO for a three-year term.
Posted on April 23, 2014
Freelancer.com Announces Acquisition of Warrior Forum
Freelancer.com, a freelancing marketplace, has acquired Warrior Forum, an Internet marketing forum. Warrior Forum has been online since 1997 and has over 7.2 million postings. TechCrunch reports that Freelancer.com paid $3.2 million for the forum, which has 732,000 members. Freelancer.com filed for an IPO on the Australian Securities Exchange last year.
TechCrunch says Freelancer.com will run Warrior Forum as an independent site after the acquisition. Warrior Forum founder Allen Says also says this in a post about the merger.
Today I am happy to announce that Warrior Forum will become part of the Freelancer.com family. I've spent a long time thinking about what the best next step should be and I feel certain that Freelancer.com will be able to provide Warrior Forum with the resources, energy and time required to continue the community and improve it to make it even bigger and better.Freelancer CEO Matt Barrie said in a statement, "We are looking forward to working with the Warrior Forum community to take it to the next phase. Allen has done a tremendous job over the last 17 years to build the business to where it is today. Warrior Forum will remain independent, and we're committed to listening to the community and we'll be providing a dedicated team and resources to make the marketplace and forums even better."
Posted on April 19, 2014
2014 Pulitzer Prizes for Journalism Announced
The winners of the 2014 Pulitzer Prizes for journalism have been announced. The Guardian and The Washington Post were both award the Pulitzer Price in the public service category for breaking the important story about the NSA's widespread secret surveillance program. The story was one of the biggest stories of 2013 and continues to be a huge story this year. There have been continuous developments about the spy program as well as ways reporters discover the program impacts the life of citizens around the world.
Here is the list of winners:
Posted on April 14, 2014
Amazon to Acquire ComiXology
Amazon has announced plans to acquire ComiXology, a cloud-based digital comics platform. Amazon says in a release that the company has "revolutionized the digital comics reading experience with their immersive Guided View technology and makes discovering, buying, and reading comic books and graphic novels easier and more fun than ever before."
ComiXology was founded by 2007. It offers digital comic book content from over 75% of the top comic book publishers as well as comics from independent creators. Amazon says the company's headquarters will remain in New York City.
ComiXology co-founder and CEO David Steinberger says in a statement, "We have long had the goal of making every person on the planet a comics fan. With Amazonís help, this crazy goal is more possible than ever before. With the Kindle, Amazon has shown a passion for reinventing the reading experience, just like comiXology has shown for comics and graphic novels."
Steinberger also says ComiXology will retain its identity as a subsidiary of Amazon.
Posted on April 10, 2014
Alaska Dispatch Publishing to Acquire Anchorage Daily News From McClatchy
Alaska Dispatch Publishing is to acquire the Anchorage Daily News from McClatchy. The Anchorage Daily News is the largest newspaper in Alaska. The $34 million deal will close in the second quarter of 2014. The New York Times reports that the $34 million acquisition price includes the newspaper, website and the building the paper is published from.
The paper has its own report on the deal here. The Daily News says its president and publisher Pat Doyle and senior vp and editor Pat Dougherty will both be retiring.
Alice Rogoff, majority owner of Alaska Dispatch, says in a statement, "The Anchorage Daily News and Alaska Dispatch play vital roles in our great state. By merging these operations, we can serve as a stronger, even more comprehensive resource for Alaskans for their news and information. Our mission is to offer a level of coverage never before seen in Alaska history, and to offer it to readers across the state through a variety of mediums. We expect to publish news and commentary for all Alaskans, from oil field workers on the North Slope to Southeast fishermen; from those whose roots go back thousands of years to newcomers fresh off the plane; from our biggest cities to our most remote villages and everywhere in between. We want to provide a true public forum where Alaskans from all walks of life can come together to help build our community."
Kevin McClatchy, chairman of The McClatchy Company, says, "This is a bittersweet moment for all of us at McClatchy. We are extremely proud of the Daily News and its employees, their exceptional service to Alaska's diverse communities and all of their contributions to McClatchy over the years. However, this sale not only makes sense from a local ownership perspective, but it also allows McClatchy to focus more resources on accelerating our digital transformation to better serve our communities."
Posted on April 8, 2014
Microsoft Producing TV Shows for Xbox Live
Microsoft is entering the growing TV content wars. The company is launching a challenge against Netflix, Amazon and other companies creating original content. Bloomberg reports that Microsoft has six series in production. The Xbox television studio division is headed by Nancy Tellem. She was formerly with CBS.
Here is a list of shows Microsoft has in production:
Posted on April 7, 2014