Amazon reports its voice device Echo was its top seller over the holidays. Hearst is hoping to plant its feet firmly in technology’s future, too. The company has been experimenting successfully with content on both the Echo and Google Home.
The death of magazines has been overplayed, according to a leading media agency, despite a torrid year that has featured the British title Glamour ending its monthly print run and Rolling Stone appealing for a deep-pocketed buyer.
Facebook has become the “richest and most powerful publisher in history by replacing editors with algorithms”, according to Guardian editor Katharine Viner
Magazine media is finding a number of pioneering use cases for ambient computing
Amazon is making good on its promise to eat advertising. In its third-quarter earnings report today, the e-commerce giant said it saw “other” revenue, which is mostly composed of ad sales (and to a much smaller extent, its credit card business), grow 58 percent year over year to $1.12 billion. That’s a slight increase from the growth rate in the prior second quarter, when it grew 53 percent year over year
With 260,422 sales a month Glamour was the tenth biggest selling magazine in the UK as ranked by ABC. So news that its monthly edition is to close at the end of the year is a huge blow to the power of print magazine publishing. Glamour has fallen a long way since it burst on to the UK publishing scene in 2001, back in the days when publishing innovation was largely about changing the size of paper used
Glamour magazine is to stop publishing a monthly print edition as it turns its focus to digital and becoming the “ultimate online beauty destination” for the UK, owners Conde Nast announced today.
The luxury magazine market, for so long a well-heeled haven from the turmoil facing the rest of the print media industry, could be about to confront the same headwinds battering other magazines and newspapers. Analysts say that glossy magazines such as Vogue, Harper’s Bazaar and Vanity Fair are starting to see a shift in readers and advertisers to online social media platforms such as Instagram and Facebook. But they are also being hit by forces specific to the industry that has for so long offered them protection.
The Daily Telegraph is a rare beast: a British newspaper that makes healthy profits. All around it, the news industry is being upended by plunging revenues from print advertising and the migration of digital advertising to Facebook and Google. But in 2015, the Telegraph Media Group made a £48m pre-tax profit on a turnover of £320m, a slight improvement on the £46m it made in 2014. It is still Britain’s biggest-selling quality daily paper, though its print circulation has fallen from its peak of more than 1m papers a day in the early 2000s to 457,331 in February, according to the Audit Bureau of Circulation.
The Times has seen subscriptions sales jump 200 percent in the last year, since it pivoted from publishing on a breaking-news cycle to a digital editions-based publishing strategy a year ago. Subscriber churn is also at a record low, down 4 percentage points compared to the previous year, according to Catherine Newman, chief marketing officer at The Times and Sunday Times. Last summer, total print and digital paying subscribers rested at 413,600, according to the publisher. And in the first half of 2016, new paying-subscriber sales rose 200 percent compared to the first half of 2015
Axel Springer is to expand its mobile news service Upday from four to 16 countries in Europe this year, as the German media group accelerates its shift into digital publishing. Upday, a news aggregator that uses human editors as well as an algorithm to select news stories, was developed as part of an exclusive partnership with Samsung and launched in Germany, Poland, the UK and France last February.
Roy Greenslade’s final blog: When I started this blog in 2006, Twitter was three months old and Facebook was on the verge of providing public access. Google was up and running, turning a profit, and just beginning to destroy the business model of newspapers
Economist deputy editor and digital strategy head Tom Standage on why news publishers need to say goodbye to advertising…
Google and Facebook will take more than 70% of all money spent on display advertising online in the UK by 2020, according to a report suggesting the firms will soon have an effective duopoly spanning the Atlantic
In the decade running up to 2015 the UK’s local and national newspapers (excluding the Financial Times) saw revenue roughly halve to just over five billion pounds. There you have it. Newspapers are making half the money they used, and the only area in which revenues are significantly growing is digital — and there are a whole heap of issues for them there
The Americas divison of the global B2B information firm, which has not been shy about its aggressive transition from trade publisher to “events-first” company, confirmed to Folio: today that Design News, MD+DI, Qmed, and Packaging Digest will cease print production following their respective December issues and enter 2017 as digital-only brands.
DMGT, the owner of the Daily Mail saw profits tumble by a quarter at its newspaper operation following a double-digit fall in print advertising revenues and investment in Mail Online
Dennis Publishing is proposing to close the print edition of Coach Magazine, with the issue dated Wednesday 14th December being its last
Display and classified revenues once swelled the profits of daily newspapers but also wrecked the relationship with their readers who became mere statistics with which to sell advertising. Readers (sometimes attracted as much by classified jobs ads as by journalism) became less important than advertisers who provided up to two-thirds of revenues and often 100% of profits
With 100-year-old Vogue and design and lifestyle bible Wallpaper producing their biggest-ever issues – and “handbag” size pioneer Glamour seeking to bulk up to a bigger, glossier edition – the luxury magazines appear to be defying the advertiser and reader exodus rapidly eroding the rest of the magazine market
