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.
Hour Media Group, LLC announces the acquisition of Palm Beach Media Group. With its recent acquisition, Hour Media Group now publishes 70 magazines and custom titles across the country. Published throughout Florida, Palm Beach Media Group produces 11 magazines and three websites in the ultraluxury market including its two flagship publications Palm Beach Illustrated and Naples Illustrated. The company maintains offices in West Palm Beach and Naples.
It's no secret that publishers and brands have discovered the power of content marketing en masse. While the quantity of content is continually increasing, the quality of branded content partnerships also rose to new levels as publishers and brands experimented with emerging mediums and used real data to measure success.
Time Inc. Retail president Drew Wintemberg on embracing new realities on one of the industry's longest-standing distribution channels.
Personal transportation is a lifestyle-intensive market segment in the same way that clothing, cosmetics or electronics are. They help people define who they are and show that to the world around them. What we can learn from these leading companies can be extrapolated to other luxury goods industries to help enlighten the path towards customer-driven innovation.