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March 2003
- R.H. Donnelley plans to cut 80 positions at its
Overland Park offices.
Source: Kansas City Star 3-31-03
- Doubleday is terminating its recently launched line of graphic
novels called Doubleday Graphic Novels. The company terminated the
program because it was unhappy with the number of sales.
Source: Publishers Weekly 3-28-03
- CNN has canceled Connie Chung's 8 PM news magazine show
called Connie Chung Tonight.
Source: Washington Post 3-27-03
- Sony Music is expected to announce that they will be
cutting 1,000 jobs in the near future.
Source: Reuters 3-26-03
- Children's Book Sales Drop
Consumers purchased roughly 460 million books intended for
children under 14 years of age in 2002 - down 2% from 2001,
according to Ipsos Children's BookTrends, an ongoing tracking
service from Ipsos, a global marketing research firm.
Source: The Write News 3-21-03
- The Associated Press reported that the Seattle Times plans
to cut staff at the Seattle Times newspaper. The number of cuts
expected has not been announced.
Source: Associated Press/The Olympian 3-20-03
- American Media has laid off the editorial staff of
Natural Health magazine. American Media recently acquired
the publication from Weider Publications. American Media
wants to use the Natural Health title to compete with
magazines like Real Simple.
Source: AdAge.com 3-20-03
- Yahoo has laid off about 20 employees from its HotJobs
division.
Source: News.com 3-18-03
- Book Magazine Circulation Plummets
Book Magazine, a magazine featuring author interviews and
book reviews, is lowering its circulation by 600,000.
Book Magazine's circulation will plummet from 750,000 to
150,000 as Barnes & Noble, co-owner of Book, attempts to keep the publication
alive. Barnes & Noble included the magazine as part of its
Readers' Advantage membership program, but hopes for the
magazine faded when only 5% of the members opted to
continue receiving Book Magazine after their free subscription
expired. Book Magazine's name will be changed to
Barnes & Noble Presents Book starting with the May/June issue.
Source: New York Times 3-17-03
- Loudeye, a digital music and media company, has laid off
43 employees. Loudeye now has 77 employees.
Source: Seattle Times 3-15-03
- Lawyers representing Harry Potter author J.K. Rowling are trying
to block sales of Tanya Grotter outside Russia. Rowling and her
publishers claim the book is a copyright and trademark
infringement of the Harry Potter series.
Source: BBC 3-13-03
- War Hampers Book Promotion
War can make things difficult for authors on tour as
media outlets turn their coverage focus on the War in Iraq.
Authors looking to promote books on television and radio programs
will find less opportunities to appear. Publishers and
authors count on this publicity to get the buzz going
about new books and sales could be hurt if the War
drags on.
Source: New York Times, WWForums 3-10-03
- Half.com, an online store owned by eBay that sells used books,
music, dvds and other products, is going to be integrated into the
eBay website.
Source: InternetNews.com 3-10-03
- Broadway is without musicals as the musicians
have gone on strike. The musicians complaint is that producers
are trying to decrease the number of musicians required
in each Broadway play. Actors and
stagehands joined the strike with the musicians.
Source: New York Times 3-8-03
- TalkBack Live, a live, interactive news program on CNN hosted
by entertainment reporter Arthel Neville, has been terminated
by CNN. TalkBack Live ran for nine years.
Source: Atlanta Journal-Constitution, Media Cynic 3-8-03
- War Bad News for Media Stocks
War means bad news for media investors because
companies are afraid to place ads in a war
environment. At the same time media outlets
spend more money trying to cover the war.
Source: TheStreet.com 3-6-03
- Identity Theft at Online Job Sites
People submitting resumes to online job websites
could be at risk of identity theft. From the resumes
thieves can access people's personal information like
emails and phone numbers.
Identity thieves are also placing false job ads on large job
boards like Monster.com to goad people into submitting
their social security numbers and credit card information.
Sources: Wired, Privacy Rights Clearinghouse 3-6-03
- Martha Stewart Living Omnimedia is cutting 40 out of 90 jobs
in its Internet and catalog divisions. Revenues for the company
dropped in Q4 2002 when compared to Q4 2001.
Source: Newsday.com 3-5-03
- Online Content Sales Fall in Q4
The amount of revenues generated from
online content fell by 6% in the fourth quarter of 2002
when compared to the Q3 2002. The
Online Publishers Association (OPA) claims this was
because of weak consumer spending. However, it can not
be a good sign for online content sales to show a
drop-off just as more and more online publishers are
adding paid content. Also, a significant amount of
what is considered online content revenues by the
OPA come from classifieds, such as online
personal ads, and not professional written content.
Source: InternetNews.com, WWForums.com Discussion 3-5-03
- Red Herring Ceases Publication
Red Herring, a ten year old technology magazine,
is closing its doors. The publication has seen its
workforce drop to 31 from a peak of 350 since 2000. The remaining
31 employees will be let go now that the publication is
shutting down. The March issue will be Red Herring's last.
Source: SFGate.com, Always-on Network 3-1-03
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