The media industry saw an upswing in mergers and acquisitions activity in the first half of 2017, particularly among consumer-facing publishers, according to the latest figures from investment bank Jordan, Edmiston Group (JEGI).
Audience development has become core to how publishers scale and make money. But now the question facing publishers is how to ensure it serves all sides of the business, whose interests often conflict.
Change is happening all around us, and one of the biggest drivers of change in the digital world is artificial intelligence (AI). We can’t listen to a tech CEO keynote without stumbling on how they are using AI for a variety of products or innovations. Smart publishers are also beginning to embrace AI. They are weaving it into the core of their business — to inform and improve content, advertising and product.
Sarasota Magazine, Portland Monthly and Texas Monthly won the coveted general excellence awards in their circulation categories in the 32nd Annual National City and Regional Magazine Awards competition announced May 22 at CRMA’s annual conference in Houston, Texas.
Good journalism is simply not enough to sustain magazine revenue these days, according to two business-side veterans who spoke at a panel at Columbia Journalism School on Monday [3/26/17].
Online magazine audiences continue to abandon their desktops and laptops and instead opt for their mobile devices, according to the latest Magazine Media 360° Brand Audience Report for February 2017 from The Association of Magazine Media.
Magazine professionals from around the country chose 170 finalists representing 33 publications in the 32-year-old City and Regional Magazine Association’s national awards competition. Magazines of varying circulations competed in 34 categories, including editorial, design, online, multiplatform storytelling and general excellence.
JEGI 2016 M&A OVERVIEW: 2016 M&A transaction value surges, driven by strong activity by corporate acquirers
Against a backdrop of rebounding consumer and business confidence, mergers and acquisitions continued to be quite active in 2016 across the media, information, marketing, software and tech-enabled services sectors, with 2,157 announced transactions accounting for $218.9 billion of deal value, 44% higher than 2015’s $152.3 billion, according to JEGI, the leading independent investment bank serving these core markets.
Emmis has now divested all its publishing assets except for its hometown Indianapolis Monthly, which it intends to continue to operate.
The Wall Street Journal is exploring new ways to drum up revenue from readers, including an ad-free version of its digital platforms, the possibility of charging on a per-article basis and even charging extra for home delivery, according to an online survey it is sending out to readers.