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May 2002
  • Editor and Publisher reports on how Wal-Mart can damage newspaper ad revenue. According the article, Wal-Mart places little advertising in newspapers and often destroys competiting stores that place regular newspaper ads. Source: Editor and Publisher 5-30-02

  • Kazaa, a file-swapping peer-to-peer network, could collapse because of hefty legal bills and potential damages from lawsuits. Source: BBC 5-30-02

  • Punch Magazine Folding
    Punch Magazine, a 161 year old British satire publication, is folding. The website will continue to provide archives and new content. Source: The Guardian 5-30-02

  • Ziff Davis Media has ceased publication of The Net Economy magazine and is selling the assets to Advanstar. Advanstar will incorporate The Net Economy's subscriber base into America's Network, a telecommunications industry magazine. Source: The Net Economy, InternetNews.com, DMNews.com 5-24-02

  • The Ingram Book Group, a leading book distributor, has laid off 54 people from its Management Information Systems department. Source: Publishers Weekly 5-20-02

  • The World Wrestling Federation Entertainment has announced it is changing its name to World Wrestling Entertainment, Inc. (WWE). The company's website will now be found at WWE.com. Mrs. McMahon said the company began considering dropping the word "Federation" from its name when World Wildlife Fund prevailed in a recent court action in the United Kingdom. The court ruling prevents the World Wrestling Federation from the use of the logo it adopted in 1998 and the letters WWF in specified circumstances. 5-20-02

  • Author David Baldacci has won a preliminary injunction stopping publication of one of his short stories in The Mighty Johns, an anthology from publisher New Millennium Press being edited by Otto Penzler. Baldacci agreed to contribute to the anthology but was surprised when the finished anthology contained only five short stories (instead of 14 as Penzler and Baldacci expected) and looked less like an anthology and more like one of his bestselling novels. Michael Viner, chairman of New Millennium Press, has agreed to create to comply with the court's decision and create a new cover for the book. Source: New York Times 5-17-02

  • Editor & Publisher is reporting that Monster.com misattributed a quote from new media consultant Gordon Borrell to Editor & Publisher. Monster.com used the quote in a presentation at a show, but E&P says the quote was from an article for an American Press Institute newsletter and that it has no relationship with Borrell. In addition, Borrell wishes Monster.com had used a different one of his quotes instead -- "which is that the combination of newspapers and Internet will basically kick Monster's butt to the Moon." Monster.com has been growing its online recruitment advertisement business at a time when newspapers have been losing job ad revenue. Source: Editor & Publisher 5-17-02

  • Geocities.com, a free and fee-based web hosting service from Yahoo, is being shut down for the entire weekend. Users with the most expensive Geocities hosting accounts will remain online for the weekend. Yahoo is using the downtime to move the GeoCities' servers to Sprint's hosting service. Source: News.com 5-17-02

  • AOL Time Warner is cutting 100 jobs from its America Online division. Source: Washington Post 5-17-02

  • Washingtonpost.Newsweek Interactive, the digital publishing division of The Washington Post Co., is closing the popular Newsbytes.com technical news websites and Washtech.com technical news site. Newbytes and WashTech will be merged and relaunched as TechNews.com, a new website The Washington Post Co. is launching in June. Five Newsbytes and WashTech employees were let go. Source: The Washington Post, Internetnews.com 5-17-02

  • Ziff Davis is ceasing publication of the print edition of Smart Business magazine, its tech business title. The publication could continue in a website and email newsletter form. Ziff Davis reported that Smart Business suffered a 37.7 percent decline in advertising pages in the first quarter of 2002. Source: Internet.com 5-15-02

  • End Maybe Near for Napster
    Napster's CEO Konrad Hilbers has quit and it looks as if the company could be filing bankruptcy in the near future. Napster, a music file-swapping Internet tool, has never recovered since it was sued by music companies for copyright violations. The company was expected to launch a paid service at some point. Napster has been offline since July, 2001. Source: Newsbytes 5-14-02

  • Book Publishing Death Spiral
    After seeing a recent Book Industry Study Group report Michael Cader, publisher of Cader Books and Publishers Lunch, said the book publishing industry is in a "death spiral". Cader said the report shows that estimates of total book sales in 2006 will be less than the total amount of books sold in 2001. Random House spokesman Stuart Applebaum disagrees with Cader and the BISG's predictions. Source: Washington Post 5-14-02

  • Harvard Business School Publishing, publisher of the Harvard Business Review, has fired 14 employees. Source: Boston Globe 5-14-02

  • RealNames, which sold Internet keywords that could be typed directly into the address bar of Internet Explorer, is closing its doors. An email to users said that, "Keywords will continue to resolve in Internet Explorer until June 28, 2002, at which time the service will no longer be available." Microsoft did not renew a major contract with the company forcing it to shut down. All employees were let go. Source: Newsbytes, News.com 5-13-02

  • Now the U.S. News is covering the shrinking book coverage in newspapers. The article mentions that the Boston Globe, San Jose Mercury-News, and St. Paul Pioneer Press and the New York Times have all cut back on their book-related editorial. Some publishers defended the cuts -- saying they are unable to sell enough advertisements in these sections and that the sections do not attract enough readers. The topic of shrinking book review sections in newspapers been covered several times over the past few months. Source: U.S. News 5-13-02

  • J.K. Rowling's new Harry Potter novel (the fifth book in the series) is overdue and might not be published until next year according to the author's spokeswoman. However, the book could still be out later this year according to U.K. publisher Bloomsbury and U.S. publisher Scholastic. Fans were hoping the book would be out this summer. J.K. Rowling's spokeswoman ruled out writer's block, but the length of the book could explain the delay -- the last Harry Potter novel ran over 700 pages. Source: Washington Post, E Online 5-9-02

  • General Publishing Co. Ltd., a Canadian publisher and book distributor which filed for bankruptcy protection on April 30, has now laid off 23 employees. The situation is so bad for Canadian book retailers that some admit to breaking Canadian copyright laws by purchasing foreign titles from U.S. and British book wholesalers. The retailers claim that General Publishing is unable to fill their orders in a timely manner. Source: Canoe, The National Post 5-9-02

  • BusinessWeek reported that Barnes & Noble plans to fill 10% of its store's shelves with its own books within five years. BusinessWeek also reported that there was an "undercurrent of hostility" toward Barnes & Noble's publishing plans at BEA in New York. The New York Times reported similar hostility towards B&N's attempts to sell its line of books to independent booksellers. Source: BusinessWeek, New York Times 5-6-02

  • Newsletter publishers are facing a growing threat: The Klez virus which comes in several variations. To make a long story short, the virus can spoof the email FROM: field and force infected computers to send subscription requests to email newsletters. This causes people to be automatically subscribed to newsletters that do not require a confirmation from the subscriber (double opt-in). It can also confuse people that receive a confirmation request from double opt-in newsletters because of the Klez virus. Source: ContentBiz.com, McAfee 5-3-02

  • The financial difficulties of General Publishing Co. Ltd., which distributes books for Canadian publishers, is causing major concern for the Canadian book publishing industry. Source: National Post, Canoe 5-3-02

  • Poetry Northwest, a poetry quarterly from the University of Washington, is ceasing publication. The Spring 2002 issue will be its last. The literary title was published for 43 years. Source: Seattle Post-Intelligencer 5-3-02

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