Friday, November 14, 2003
Publishing Industry Soundbytes
Launches and Redesigns | Miscellaneous
· Ziff Davis Media has announced the appointment of Robert Lee as Publisher of a new consumer lifestyle magazine. He'll oversee all editorial, sales and marketing functions for the new publication and report to Tim Castelli, Senior Vice President of the Company's PC Magazine Group. The new magazine is currently under development and scheduled to debut in the early part of 2004. This publication will celebrate the growing demand and passion that consumers have for digital technology and will highlight ways in which consumer electronics are changing and enhancing people's every day lives. Mr. Lee brings nearly 20 years of experience to Ziff Davis Media. He served most recently as the Publisher of Gear Magazine.
· Scholastic, a children's publishing and media company, has announced the appointment of Sandra Duncan to Publisher of Scholastic Early Childhood Today Magazine, a magazine for early childhood professionals reaching more than 250,000 child care teachers and center directors. Ms. Duncan will report to Michele Robinson, Group Publisher. Since joining Scholastic in 1999, Ms. Duncan has served as Associate Publisher of Early Childhood Today.
· Penthouse International, Inc., following several inaccurate media reports, announced that Robert C. Guccione has not resigned as editor in chief and publisher of Penthouse Magazine or its related publications and his involvement with General Media, Inc. and its subsidiaries has not changed in any way.
· Doug Thomas has been announced advertising director for the Chicago Tribune. The promotion was announced by Ken DePaola, vice president/advertiser marketing and sales for Chicago Tribune. In his new role, Thomas will continue to oversee the Major Accounts division, while taking on additional direction of the sales efforts of the National, Cross-media and Preprint divisions. Thomas joined Chicago Tribune in 1999 as advertising category director, responsible for movie, entertainment, apparel and department store advertising. Prior to the Tribune, Thomas was employed by Time Inc. as the Midwest advertising director for People magazine.
· Speedway Illustrated Magazine, a stock car racing publication for racers and fans, announced that they have signed a new exclusive four year contract with Dick Berggren, auto racing commentator on FOX TV and the magazine's co-founder. The appointment of Bones Bourcier, Speedway's editor-at-large, to the magazine's editorial board was also announced. Both announcements were made by Robert Fernald, publisher and CEO of Performance Media LLC, the magazine's parent company. It was also announced that Bones Bourcier, Speedway's Editor-at-large and an award-winning writer, was appointed to the magazine's editorial board. Bones will join Dick Berggren, Editor-in-chief Rob Sneddon, Director of Marketing Dave Ferrato, Publisher and CEO Robert Fernald, and VP of Operations Jim Butler, in driving the editorial content and direction of the magazine.
· Reader's Digest has named Ben Madden Associate Publisher, Advertising. Christopher Lambiase, Vice President, Publisher, made the announcement. Madden will join Reader's Digest on November 17, from SmartMoney, where he was Associate Publisher. Madden will report to Lambiase. As Associate Publisher, Madden will work with Chris Lambiase to direct all day-to-day advertising sales activities for Reader's Digest focusing on automotive, food, package goods and technology.
· The New York Times announced that Glenn Kramon has been named associate managing editor for career development, a newly created position, and William E. Schmidt has been named associate managing editor for resources and planning. Mr. Kramon, currently business editor of The Times, will assume his new position once his replacement has been selected. Mr. Schmidt has been associate managing editor for personnel and newsroom administration since 1997 and will assume his newly reconfigured position immediately. Mr. Kramon and Mr. Schmidt will report to Executive Editor Bill Keller and Managing Editor John Geddes.
· The New York Times announced that Daniel Okrent, a former editorial executive at Time Inc., has been named to the newly created position of public editor. The assignment will be effective December 1. The public editor will work outside of the reporting and editing structure of The Times and will receive and answer questions or comments from readers and the public, principally about articles published in the paper. Additionally, he will publish periodic commentaries in the paper about The Times's journalistic practices and current journalistic issues in general, to appear when he believes they are warranted. His first column will appear on December 8.
· American Lawyer Media, Inc. (ALM), a legal journalism and information company, announced the promotion of Eric Lundberg to the position of Vice President and Chief Financial Officer, effective January 1 2004. Mr. Lundberg, currently Vice President, Finance for ALM, will replace Stephen C. Jacobs, who will leave the company at the end of December to pursue other business interests. During his tenure at ALM, Mr. Jacobs also served as General Counsel; Vice President, Corporate Affairs; and head of ALM's VerdictSearch(R) Division. Mr. Lundberg was named Vice President, Finance for ALM in 2001. He joined ALM in 1995 and held a variety of financial positions at the company, including Corporate Controller and Director of Financial Planning.
· Carina Chocano, who most recently served as a critic and staff writer at Entertainment Weekly, has joined the Los Angeles Times as television critic, it was announced by John Montorio, deputy managing editor for features. Chocano comes to The Times following the retirement in August of Pulitzer Prize-winning television critic Howard Rosenberg. From 1999 to January 2003, Chocano worked at salon.com, where she served as associate editor, senior writer and television critic. Before joining Salon, she was a freelance writer for various children's educational websites and software companies.
· Michael Knox, vice president of production/artist-writer development/a&r, Warner/Chappell exited the company October 23. Knox announced that he is aggressively taking the steps toward his own entertainment venture that will incorporate music publishing and artist development. He is currently working to secure financial backing and exploring opportunities for co-venture alignment with established entertainment corporations.
· The New York Times announced that Alison Smale, deputy foreign editor of The Times, has been named managing editor for the International Herald Tribune, effective January 19, 2004. Ms. Smale will report to Walter Wells, the former managing editor, who has been named executive editor, also effective January 19. A new deputy foreign editor for The Times has not yet been named. In her new role Ms. Smale will act as second in command of the IHT's Paris newsroom. She will organize the day's news report, working with the regional news editors and the business editor, and plan coverage for the days ahead. She will also be involved in planning the future development of the paper.
· Meat Marketing & Technology, a magazine serving the U.S. beef and pork processing industries, has named business journalist Daniel J. Yovich its new Executive Editor, effective immediately. In this role, Yovich will direct the magazine's overall editorial content and lead MMT's coverage of key business trends and issues impacting the industry. Yovich also will lead beef and pork industry coverage on Meatingplace.com, an industry news source.
· A new report released by Shore Communications Inc. paints an optimistic outlook for the emerging ebook industry that is already growing at exponential rates in year-over-year sales figures and seeing stronger usage in both traditional and non-conventional outlets for book-based content. According to the report, the consolidation and standardization of ebook platforms, formats and rights management, their broadening availability via consumer, library and professional outlets and improved accessibility via search technologies is creating acceptance and use that can be expected to grow significantly in the near term. However, major challenges still confront the growth of ebook demand.
"Both individual and institutional consumers of ebooks content are driving this market," said report author Jean Bedord, a Senior Analyst for Shore. "For consumers and individual professionals, an electronic sale is complex, since reading an ebook requires not only the digital book, but also specific software and hardware platforms. However, the buying decision is becoming much easier with platform consolidation. Major opportunities lie in integrating eBooks into individual professionals' work life, such as in medicine, where doctors now use eBooks on PDAs for critical information on drug usage."
· Advanstar Communications Inc., publisher of Cadalyst magazine, announced that it has acquired Cadence magazine from CMP Media. Advanstar plans to incorporate Cadence into Cadalyst to provide readers and advertisers with a print and online resource for the $3 billion computer-aided design (CAD) marketplace. Editor-in-Chief Sara Ferris will head Cadalyst's editorial staff of writers and contributors. The magazine will continue to focus on innovations and customer needs in all CAD industry segments including CAD, CAE, CAM, AEC, MCAD, PLM and GIS, and be circulated each month to 60,000 qualified subscribers from both publications. The magazine's website, cadalyst.com , will continue to be a repository of CAD technology and reviews, and the Cadalyst e-newsletters will continue to present key news in specific market sectors, as well as product buying information.
· United Business Media announced the acquisition of The Oncology Group and Cliggott Publishing from SCP Communications Inc. Titles acquired include Oncology and Oncology News International, leading US publications in the category and Consultant, a player in the primary care market. UBM is paying the $37.5 million in cash, eight times forecast 2004 operating profit. The Oncology Group and Cliggott Publishing will be integrated into CMP Healthcare Media, the Healthcare division of CMP Media in the US.
· Gannett Co., Inc. has announced the acquisition of Clipper Magazine, Inc. of Lancaster, Pa., one of the nation's largest independent direct-mail advertising magazine companies. The acquisition also includes several affiliated operations: Spencer Advertising and Marketing, a full service advertising agency; Loyal Customer Club, an email customer retention service, My New Home, a direct mail service to new movers; and MyClipper.com, the companion website for the core direct mail advertising offerings. Clipper Magazine's management team will continue to run the company.
· TV Guide Publishing Group has announced the creation of a new association with Time Distribution Services and Warner Publisher Services, the retailer marketing arms of Time Warner, Inc. This strategic effort will enhance the retail presence, marketing and sales of TV Guide magazine in the marketplace. TV Guide Publishing Group is a unit of Gemstar-TV Guide International, Inc. As part of the agreement, Time Distribution Services will provide rack development and design, negotiate display positions, and provide additional creative services with a focus on enhancing TV Guide's marketing presence and growing sales of the magazine.
· Houghton Mifflin has announced the acquisition of Cognitive Concepts, a provider of research-based, supplemental education tools. The acquisition will augment Houghton Mifflin's Great Source Education Group and compliment Houghton Mifflin's Nation's Choice reading program. Based in Evanston, Ill., Cognitive Concepts employs forty-seven people. Established in 1996, Cognitive Concepts is focused on improving early literacy skills and reading performance, and is primarily targeted at helping struggling and at-risk students. Earobics Literacy Launch, its flagship product, includes educational software, audiotapes, videotapes, talking books on CD-ROM, integrated printed materials, take-home materials and customized staff development.
Launches and Redesigns
· Ocean Drive magazine, an eleven-year-old South Florida fashion magazine, is bringing its brand to television. Announced by Jerry Powers, publisher of Ocean Drive magazine and President of Sobe News Inc., Ocean Drive magazine has entered into a representation agreement with the William Morris Agency. William Morris Agency will assist Ocean Drive magazine in assembling the key elements to create a daily talk show based in Miami, Florida, which captures the essence of the magazine.
· One Technologies Ltd. has announced the launch of Friendzy, an online networking community that connects people through friends and associates. Friendzy aims to connect people of similar interests and goals, ultimately resulting in powerful referral networks. Friendzy is the brainchild of two brothers, Alex and Roger Chang The Changs hope to have more than one million users within a year of Friendzy's launch. A goal they feel is not far fetched. Social networking applications are hot items, having been named Technology of the Year for 2003 by Business 2.0 magazine, and other sites such as Friendster.com and Tribe.net are attracting hundreds of thousands of registered users in a matter of months.
· Diario Latino, a regional hispanic publication, hit the stands this past October 20th in San Diego County. Diario Latino is an independent Spanish-language daily paper, run by Healy Media, Inc., located in Chula Vista, California. The company is integrated by professional Hispanics in journalism and communications fields. The tabloid-size publication offers a colorful, attractive format, designed by Garcia Media offices, which are run by Mario Garcia, recognized as one of the best newspaper designers in the world. He recently designed the newspapers The Miami Herald and Al Dia in Dallas. Jose Santiago Healy is the President and Publisher of the Diario Latino.
· Bauer Publishing, publisher of top newsstand titles including In Touch Weekly, Woman's World, First for Women, Soaps in Depth, M, J-14, and Life Story, has unveiled a new look and focus for Twist Magazine. Twist magazine, launched in October 1997, has revamped its look both editorially and graphically. The new Twist is focused on providing service driven editorial that provides advice to teens through the voices of today's hottest stars. The new Twist will also feature an upbeat, fast paced design and is packed with photos of top celebrities.
· Buzznet LLC. has announced the official launch of buzznet.com, a multimedia community-driven photoblog. Buzznet.com was developed to enable consumers who use digital cameras, mobile phone cameras and other digital devices to easily post their content in galleries via the Internet to a community-driven site.
· America Online, Inc., and Time Inc., have announced the launch of AOL Food, a food resource from industry experts that makes meal planning easy. Exclusive to AOL members, AOL's newest life management service blends premier cooking content from Time Inc. magazines with AOL's search, ratings and community features. In addition to the AOL Food experience at AOL Keyword: Food, relevant food content and resources will be integrated throughout more than 12 areas and Channels of the service, including Health, Women, Living, Parenting, AOL Search, interactive community features and more. AOL Food features advice and recipes from experts at Time Inc. magazines Real Simple, Cooking Light, Southern Living, Health, Sunset and Coastal Living, as well as Oxmoor House, Time Inc.'s largest cookbook publisher. In coming months, content from Food & Wine, In Style, Parenting and Essence will also be available.
· A new journal, Obesity Management, will be published in print and online in 2004, by Mary Ann Liebert, Inc. Obesity Management will provide health care professionals with practical advice and information about prevention and treatment; interviews with leading obesity experts; concise, practical summaries of the latest research; meeting calendar; Internet and web resources and reviews of both new books and products. Each issue will also contain news, tips, and tools from C.O.R.E (Centers for Obesity Research and Education).
· Barnes & Noble, Inc., announced that it has proposed to take Barnes & Noble.com (Nasdaq:BNBN) private through a merger. In the merger, all shareholders of Barnes & Noble.com (other than B&N.com Holding Corp., a subsidiary of Barnes & Noble) would receive $2.50 in cash for each share of Barnes & Noble.com that they own. At this price, Barnes & Noble estimates that it would be paying in excess of the approximate net after-tax price per share that it paid to Bertelsmann AG in a combination of cash and notes on September 15, 2003 for a 37 percent interest in Barnes & Noble.com. The aggregate consideration for the outstanding Barnes & Noble.com shares (including shares outstanding following exercise of "in-the-money" options) would be approximately $115 million. As a result of the merger, Barnes & Noble.com would become a wholly owned subsidiary of Barnes & Noble.
· CMP Media's Network Computing announced that it has strengthened its media platform with the launch of the Network Computing Enterprise Architecture Group. The expansion of the Network Computing media brand began earlier this year with the incorporation of Network Magazine, and this fall, continued with the launches of Secure Enterprise and Storage Pipeline magazines. Today, Network Computing extended its brand further with the addition of two CMP sister publications -- Intelligent Enterprise, which focuses on application architecture, and Transform, which addresses the corporate content market. Network Computing will serve as the flagship publication of the Group, reaching 220,000 IT/Networking decision-makers held accountable for strategic buying decisions across the entire technology spectrum.
· Americana Publishing, Inc. said that it has sold off its entire excess inventory of audio books, which included more than 24,000 audio books on tape and CDs. George Lovato, Americana chairman and Chief Executive Officer, said the inventory represented overruns and unsold titles. While the excess inventory was sold at a discount, Lovato believes that the Company will profit from this action since the conversion of excess inventory to cash provides the Company with funds to invest in future titles and in marketing efforts to diversify sales.
· Amazon.com announced the initial results of its new feature, Search Inside the Book, which launched on October 23. In the first five days, sales growth for titles included in Search Inside the Book outpaced growth for titles not in the program by 9 percent. Amazon.com said this is a significant sample (120,000 titles) with a large valid control group, consisting of the remaining titles that do not have Search Inside treatment. Search Inside the Book launched with 190 publishers, and since the launch of the program, 37 additional publishers have contacted Amazon.com requesting to participate.
· Guinness World Records, a book that records record-breaking achievement, announced the sale of its 100 millionth book on November 11. First published in 1955 in the United Kingdom for one shilling (10 cents), the book is now printed in more than 100 countries and 23 languages.
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