2/28/2005 - Daily Print Media Business News:
International Print Media News:2/28/05 - FT cuts losses and eyes break-even in 2005:
The Financial Times cut its losses to just £9m last year, as the pink paper returned to profit in the final three months of the year. Over the past four years the paper has slashed its costs by a third, or £110m, and was buoyed last year by an improved advertising market.
media guardian
http://www.guardian.co.uk/business/story/0,3604,1427122,00.html
2/28/05 - Youthful eyes are the prize as newspapers crank up freebie war:
Young people who are reluctant to read traditional newspapers have become the prized quarry in an intensifying hunt that is shaking up the publishing business in Canada.
globe and mail
http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/20050228/RNEWSP28/Business/Idx
2/28/05 - Would you like a CD with that newspaper? A DVD?
MADRID Peddling the news means more than hawking headlines alone in the drab-green newspaper kiosks that dot this city's crowded main plaza, the Puerta del Sol. On Wednesday, the city's leading newspaper, El País, vied for readers with conventional breaking headlines, alongside a copy of a classic Federico García Lorca novel heavily discounted at €1, or about $1.30. The next day, El País and its main rival, El Mundo, dueled for circulation with front-page articles and cut-rate cookbooks featuring glossy photos of recipes from Spain and Morocco.
iht
http://www.iht.com/articles/2005/02/27/business/promote28.html
2/28/05 - For U.K. papers, arena is shifting in big ways
LONDON British newspapers, like their readers, used to know their place. There were broadsheets, which soberly covered the serious issues of the day. And then there were tabloids, which screamed about seamier stuff.
iht
http://www.iht.com/articles/2005/02/27/business/papers28.html
2/28/05 - WestJet Launches New Inflight Magazine:
CALGARY, ALBERTA-- WestJet (TSX:WJA) is pleased to announce that the premiere issue of their new inflight publication, up! magazine, will be available tomorrow in the seatbacks of all the airline's flights. WestJet recently partnered with Calgary-based RedPoint Media Group Inc., one of Western Canada's largest independent magazine publishers, to produce the monthly publication.
ccn matthews
http://biz.yahoo.com/ccn/050228/c01661876f7aa529b8a72f420ead6155_1.html
2/28/05 - 'Noir' is the new black, lifestyle magazine for ethnic Britons:
LONDON - Black culture may be all about "bling" in music videos and television sitcoms, but Noir magazine says it will cater to the far more diverse lifestyle interests of black Britons when it is launched Saturday.
afp
http://news.yahoo.com/news?tmpl=story&u=/afp/20050225/lf_afp/afplifestylebritain_050225213850
2/28/05 - New Zealand: The New Zealand Herald maintains daily paper leadership:
The New Zealand Herald continues to maintain its leadership position among New Zealand daily newspapers according to the latest Nielsen Media Research national readership survey. The paper remains the country's biggest metropolitan daily with an average readership of 590,000 people on any given day and more than one million people every week. The Herald has now grown its market share to over 52 per cent of all readers of metropolitan daily newspapers.
publicitas
http://www.publicitas.com/display.asp?id=6.8&chp=6.3&foot=6.9&cpny=*&PARAM1=13676
2/28/05 - How bad design gets the best results:
They all look the same: Heat, Closer, Now, Reveal, New, Star. An unavoidably virulent strain of British publishing, characterised by a fluorescent rash, is spreading on the newsagent's shelves. The magazines with the uniform format, hazy celebrity photographs, scandalous straplines and brightly coloured panels. The ones our eyes are drawn to.
independent
http://news.independent.co.uk/media/story.jsp?story=615331
2/28/05 - Singapore's Straits Times to charge for access:
Singapore's The Straits Times newspaper will begin charging users to access its Web site from the middle of March, the newspaper's publisher, Singapore Press Holdings Ltd., said in a message to users on Thursday. The newspaper's move comes several months after it began requiring readers to complete a free registration process in order to access the newspaper online. In charging for content it joins a small number of publications around the world that are offering access to the full newspaper online in return for a subscription fee. Other major newspapers doing so include Hong Kong's South China Morning Post, The Wall Street Journal and the Financial Times.
the industry standard
http://www.thestandard.com/internetnews/0001014.php
2/28/05 - Bangkok Post Publishing's profits soar by 93%:
Post Publishing Plc, the publisher of the Bangkok Post and Post Today dailies, reported 2004 net profits of 194.18 million baht, up 93% from the previous year.
bangkok post
http://www.bangkokpost.com/Business/25Feb2005_biz63.php
2/28/05 - Mail unveils 'Newspaper for Now':
The Hull Daily Mail and twin title the East Riding Mail have unveiled a host of changes after conducting research into reader habits. The new approach, labelled the 'Newspaper for Now', aims to build on the Mail's current daily circulation of 71,000. It includes 'in short' boxes on all page leads, which readers can use to pick up the main points of the story.
front page
http://www.holdthefrontpage.co.uk/news/2005/02feb/050225mail.shtml
2/28/05 - British Papers Stem Losses, but the Reader Grows Fickle:
LONDON, - British newspapers, like their readers, used to know their place. There were broadsheets, which soberly covered the serious issues of the day. And then there were tabloids, which dealt with the seamier stuff. But as in society at large, class distinctions among the dozen or so national newspapers seem to be dissolving. With circulation sliding, most of the serious papers long ago took to the celebrity-and-scandal fodder they previously avoided. More recently, two broadsheets switched to tabloid form. Free newspapers are scratching for a foothold, and the Internet is siphoning off readers.
ny times
http://www.nytimes.com/2005/02/28/business/worldbusiness/28paper.html?
2/28/05 - On Wall Street: Dominic Rushe: Newspapers scramble for online revenue:
IT SEEMS there’s never been a better time to run a popular website. As the online world becomes hotter than hot again some of the most attractive websites are attracting very fetching prices. The New York Times has just bought About.com for $410m (€310m) in cash. The deal comes hard on the heels of Dow Jones buying MarketWatch.com for $519m in cash, and the Washington Post paying an undisclosed sum for Slate, the online magazine. Rumours swirl about the fate of TheStreet.com and Salon, Slate’s rival, which has just put out the first profitable quarter in its 10-year history.
times online
http://www.timesonline.co.uk/article/0,,2095-1502025,00.html
2/28/05 - Zimbabwe newspaper shut down for violating tough media laws:
Harare: A recently established independent paper in Zimbabwe, the Weekly Times, has been shut down for allegedly violating the country's tough media laws, its owner Godfrey Ncube said on Saturday. The paper, the fourth to be closed in the country since the enactment of the media laws in 2002, was shut down after publishing just eight editions, and only a month ahead of crunch national elections.
cape times
http://www.capetimes.co.za/index.php?fSectionId=272&fArticleId=2427638
2/28/05 - 3D World relaunched:
Future Publishing has re-launched what it claims is the world’s only specialist monthly magazine for three-dimensional creative industry, 3D World.
mediaweek uk
http://www.mediaweek.co.uk/articles/folder2005/Feb05/3Dworld-relaunch
2/28/05 - IPC squares up for homely re-launch:
Homes & Gardens magazine will re-launch this week with a new format – a “squarer image-friendly size”. The new version of the IPC Media-owned magazine will hit the streets on 3 March and will include extra pages and new branding and typeface.
mediaweek uk
http://www.mediaweek.co.uk/articles/folder2005/Feb05/quantumarticle.2005-02-28.8274752553
2/28/05 - FT to publish women's fashion supplement:
The Financial Times will publish a glossy colour supplement, The Business of Fashion: Women’s Wear Spring/Summer 2005 on 25 February.
mediaweek uk
http://www.mediaweek.co.uk/articles/folder2005/Feb05/FT-menswear-supp
2/28/05 - Hello! to the Middle East:
Hello! magazine is set to have its first outing in the Middle East after Dubai-based Motivate Publishing signed a deal with owners Hola/Hello to reproduce the celebrity title in the region.
mediaweek uk
http://www.mediaweek.co.uk/articles/folder2005/Feb05/UAE-hello
National Print Media News:
2/28/05 - New Lifestyle Magazine Targets Upscale Parents:
NEW YORK - Parenthood is not typically considered a particularly glamorous undertaking, but a new magazine from the publisher of Vogue and Gourmet is aimed at bringing up baby with style. Advance Publications Inc. plans to announce, later on Monday, the November launch of Cookie, billed as "an upscale lifestyle magazine for sophisticated parents." It is Advance's first foray into magazines aimed at parents, a growing corner of the publishing world, and comes with the rollout of more new magazines in an improving economy.
reuters
http://story.news.yahoo.com/news?tmpl=story&cid=599&ncid=802&e=2&u=/nm/20050228/media_nm/media_magazines_parenting_dc
2/28/05 - Cookie Aims to Temp Parents:
Fairchild Publications, home to W, Jane and Details magazines, will launch an upscale lifestyle magazine for parents this fall. The magazine — to be called Cookie — will be published six times a year with a circulation base of 300,000.
ny post
http://nypost.com/business/40459.htm
2/28/05 - Time Out Magazine Shouldering Into Chicago Scene:
CHICAGO - Time Out, the irreverent weekly magazine hailed by some readers as an indispensable "bible" to night life and cultural doings in London and New York, is about to launch in the Windy City.
reuters
http://story.news.yahoo.com/news?tmpl=story&cid=599&ncid=802&e=5&u=/nm/20050225/media_nm/leisure_timeout_dc
2/28/05 - Magazine Industry Launches Campaign to Promote Enduring Power of Magazines to Engage Readers:
NEW YORK-- The consumer magazine industry is unveiling an advertising campaign today, touting magazines' key strength: the enduring power to engage readers, it was announced by Nina Link, President and CEO, Magazine Publishers of America (MPA). The $40-million, three-year multimedia campaign, which features both print and online components, was produced by Fallon New York and supported by executives from magazine publishers and allied industries that work closely with magazines. The campaign's goal is to catapult magazines to a place where they are universally recognized for their value and contribution to advertising plans.
business wire
http://biz.yahoo.com/bw/050228/285626_1.html
2/28/05 - Journal Register sees Mich. buy adding to profit:
NEW YORK, - Newspaper publisher Journal Register Co. on Monday said it expects a recently purchased Michigan newspaper group will add 2-3 cents a share to the company's 2005 profit.
reuters
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh40744_2005-02-28_14-04-47_wen6029_newsml
2/28/05 - Primedia profit rises on its niche magazines:
NEW YORK, - Magazine publisher Primedia Inc. (PRM.N) , which recently agreed to sell its About.com online division to The New York Times Co.(NYT.N) , on Monday said its quarterly profit rose sharply on improved performance of its niche publications.
reuters
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh39660_2005-02-28_13-24-53_wen6016_newsml
2/28/05 - Two More Publications Join City & Regional Magazine Association:
LOS ANGELES-- The City and Regional Magazine Association (CRMA) announced the addition of two new publications to its growing national association, according to C. James Dowden, executive director of the CRMA. The new member publications are... Coast Magazine, reaching over 46,000 readers in Southern California. Loudoun Magazine, serving 25,000 readers in Loudoun County, Virginia and the Washington D.C. metropolitan area.
business wire
http://biz.yahoo.com/bw/050225/255588_1.html
2/28/05 - New York Times files $500 mln debt shelf offering:
WASHINGTON, - New York Times Co. (NYT.N) may periodically sell up to $500 million in debt securities, according to a shelf registration statement filed with the U.S. Securities and Exchange Commission on Friday.
reuters
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh08298_2005-02-25_22-03-11_wat002679_newsml
2/28/05 - Global Sources to Launch Garments & Textiles Magazine and Website:
HONG KONG, -- Global Sources Ltd. (Nasdaq: GSOL) will launch Global Sources Garments & Textiles Online in April and Garments & Textiles magazine in June. These media will help international buyers trade more effectively with apparel manufacturers in China, India and other supply markets.
pr newswire
http://biz.yahoo.com/prnews/050228/hkm002_1.html
2/28/05 - Dow Jones' buy about journalism, ad revenue:
Dow Jones' $528 million acquisition of San Francisco financial news web site MarketWatch began, one could argue, close to two decades ago, when a student at Georgetown University called a Washington Post editor and berated him over inaccuracies in a story about a university provost.
biz journals
http://www.bizjournals.com/sanfrancisco/stories/2005/02/28/focus4.html
2/28/05 - Stewart preps for house arrest:
Fashion designer Ralph Lauren lives next door. Billionaire financier George Soros is down the street. And on a nearby hill stands the house that patriot John Jay retired to after serving as the first U.S. chief justice.
newsday
http://www.newsday.com/business/nyc-bzmart0227,0,5566928.story?coll=ny-business-headlines
2/28/05 - Mississippi Daily Switches to Mornings:
MERIDIAN, Miss. The Meridian Star, a 107-year-old daily newspaper serving east Mississippi and west Alabama, will convert to an all-morning publication beginning Monday. The newspaper has been distributed in the afternoons Monday through Thursday and in the mornings on Friday, Saturday, and Sunday.
ap
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1000818303
2/28/05 - Local Mag Pages Soar:
LOCAL MAGAZINE AD PAGES JUMPED 11.5 percent in January vs. January 2004, according to estimated released Friday by the City and Regional Magazine Association.
media post
http://publications.mediapost.com/index.cfm?fuseaction=Articles.showArticleHomePage&art_aid=27640
2/28/05 - Softening the Clinking Sound of Money:
Money magazine will be transformed from an investment guide aimed largely at men to a family-friendly helpmate.
ny times
http://www.nytimes.com/2005/02/28/business/media/28money.html
2/28/05 - Big Media Looks to Reinvent Itself:
The conglomerates that currently control so much content across the media landscape are embracing new, cutting-edge technologies more actively, in a bid to expand audience and revenue streams. Though the desire is more apparent, need is also driving giants like News Corp., Viacom and others to find new ways to reach consumers, as traditional media outlets from cable and satellite to TV and radio present less and less growth potential.
mediaweek
http://www.mediaweek.com/mw/news/recent_display.jsp?vnu_content_id=1000818141
2/28/05 - Sports Illustrated to Test a Latino Spinoff:
Time Inc.'s Sports Illustrated on April 17 plans to begin testing three issues of a Spanish-language edition with the working title SI Latino. Sports Illustrated, which has already spun off SI for Kids and a college edition called Sports Illustrated on Campus, plans to distribute 500,000 free copies to men 18 and older gleaned from Time Warner lists, including subscribers of People en Español (but not SI since the publisher wants to reach out beyond its readership), as well as Time Warner Cable and HBO Latino customers. There are no plans this year for a newsstand presence.
mediaweek
http://www.mediaweek.com/mw/news/recent_display.jsp?vnu_content_id=1000818099
2/28/05 -Radar Preps for Its Second Shot:
Call it the not-so-little magazine that could. Come May 24, the pop-culture chronicle Radar--which, cash-starved, stalled out in 2003 after just two issues--will get that rarest of opportunities for a shuttered magazine: a second chance.
mediaweek
http://www.mediaweek.com/mw/news/recent_display.jsp?vnu_content_id=1000818095
2/28/05 - Dallas Up-and-Comers to See 'Red':
DALLAS Prime Demographics Marketing Communications, a new Dallas publisher, will launch the first of an anticipated four regional magazines on Wednesday, the company said. The first title, Red, is a monthly geared toward young, upper income professionals in Dallas with articles on upscale dining and entertainment, fashion and charitable nonprofits, said spokesman Mo Gaber. With an initial circulation of 10,000, the publisher aims to boost the number to 50,000 by the end of the year, Gaber said.
adweek
http://www.adweek.com/aw/regional/southwest/article_display.jsp?vnu_content_id=1000818126
2/28/05 - Ledger Dispatch launches new visitor Web site:
Responding to the growing need of those planning to visit Amador County, the Amador Ledger Dispatch is launching a new Web site to provide visitor information to residents of the county and beyond. Today, the Ledger Dispatch introduces a new Web site to Amador County and the world: www.amadorvisitor.com. This new Web site has a number of features and services for visitors in the area and includes a great deal of visitor information and entertainment news that has never been introduced on the Ledger Dispatch Web site or anywhere else.
ledger dispatch
http://www.ledger-dispatch.com/news/newsview.asp?c=146546
2/28/05 - What Happens When CARU Cries Foul:
Here are some recent ads questioned by the Children's Advertising Review Unit, a group founded by three advertising industry associations and the Council of Better Business Bureaus, and what action, if any, was taken because of CARU's concern.
Magazine ad at issue: A 2003 Bagel Bites sweepstakes contest telling kids: "The more you scarf, the better your chances."
CARU's concern: The message could be viewed as encouraging kids to eat excessive amounts of snack foods.
Advertiser's position: H.J. Heinz Co., the maker of Bagel Bites, said the promotion was aimed at kids over 12 so CARU guidelines didn't apply.
Outcome: To work with CARU, Heinz agreed to eliminate the line.
Magazine ad at issue: A 2004 Polly Pocket eight-page insert of games and jokes in Nickelodeon magazine that included pictures of the doll, her friends and various play sets that could be used with the dolls.
CARU's concern: No disclosure that the insert was an ad, which could confuse children about its purpose, which was to create interest in the line of toys.
Advertiser's position: Mattel Inc., maker of Polly Pocket, said the insert was protected by free speech and consisted of games, similar to those allowed on Web sites.
Outcome: No action because CARU concluded its guidelines do not require print ads to be clearly disclosed as promotions. CARU is reviewing its guidelines to see whether such rules need to be included.
washington post
http://www.washingtonpost.com/wp-dyn/articles/A55211-2005Feb26.html
2/28/05 - Nando Media to Become 'McClatchy Interactive':
SACRAMENTO, Calif., -- The McClatchy Company (NYSE: MNI) announced today that its Raleigh, N.C.-based interactive media division, Nando Media, will now be known as "McClatchy Interactive." "McClatchy Interactive better represents who we are today and better identifies the increasingly important contributions our interactive operations make to McClatchy's overall success," said Christian Hendricks, vice president for interactive media for McClatchy.
pr newswire
http://biz.yahoo.com/prnews/050228/sfm115_1.html
2/28/05 - How Will Magazines Survive the Internet?:
Stephen B. Shepard, Editor of Businessweek
businessweek
http://images.businessweek.com/ss/05/02/media_summit/index.htm
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