There is a recent article titled Print vs. Digital: Another Emotional Win for Paper, that came across my info-radar today. Articles like these are always popping up. They are interesting to me, because science must do what science does, question everything. As a geek-at-heart, I am all for the pursuit of knowledge. I sometimes think that all good production people are geeks, but that is a story for another day.
There are several things that must be pointed out in this article. The headline is click bait appealing to paper lovers and trying to confirm what they think they already know. However, the data here is not as overwhelming for the paper lovers as the headline suggests. The biggest issue is the supposed edge in the emotional response to paper as opposed to digital. To me that is much more generational than a universal law of astro-advertising.
The main thing to remember here is that in a very meaningful way none of this digital-does-this-and-paper-does-that-science will matter as we proceed further. Why, you wisely ask? Because, we aren't ever going to go back to being a major paper transmitting society. CLICK HERE FOR THE FULL ARTICLE
These are indeed turbulent times for a transforming industry, and forward thinking leadership is critical for the industry to help us adjust to these changing times. Newsstand sales and subscription sales in general continue to diminish. Are there standouts bucking the overall industry trend? Yes, most assuredly. But overall, the trends are down for the industry. Clearly we need to develop and broadcast a strategy that plays to our strengths and comes to grips with our weaknesses. Being in continual denial of our current position in the media wars just won't work.
For the record I am not a pessimist for the magazine media industry, nor a detractor of the print product. What I am is an unashamed realist. Print can accomplish things that digital can't and can provide a sizable ROI while doing so. At the same time it is obvious digital can accomplish feats that print products can only dream of. The downside with digital thus far is its slow growth of monetization for the magazine industry. What we need is the marriage of the two disciplines combining digital's creativity and its accountability gained from increasingly reliable metadata with the comfort and traditions of print. CLICK HERE FOR THE FULL ARTICLE
A few months ago I had a conversation with AIM's president and CEO Andrew Clurman. Andy said, "Today's operative words at AIM are diversification and proliferation. We are continually finding seams within the verticals we're in of unfilled audience interests and needs."
BoSacks Speaks Out: My friend Samir Husni has penned a short essay and complaint about "numbers" used in our industry for purposes of industry review and analysis (See below). He bemoans the way some media reporters publish stats on the number of new titles in each quarter, and he wishes that they reached out to him for his extensive collected number of new launches. I suggest that his collection of data is very large, unique and probably the most definitive.
It is true that the numbers we read in the trade press are varied and terribly inconsistent. From my perspective as an industry insider, it has always been fun to see the numbers and the constant surplus of new titles. That being said, I am using Samir's essay to launch my own observations about data in our industry in a week of many numbers which, although interesting to read, are for the most part irrelevant and misleading.
Let's start with the number of new titles in each quarter. As counterintuitive as it may seem, the number of new titles has nothing to do with the vibrancy of our industry. (See chart.)
Skyrocketing number of magazines in red and plummeting total circ in yellow. (Thanks to Dr. Joe Webb for the chart)
In fact, the number of new magazines we make is a red herring to our actual vibrancy. The only stat that matters is how many magazines we sell, and those numbers have been dropping since 2007 to a loss of over 50% in newsstand sales and, depending upon who you talk to, 18% in subs.
Maria Rodale, is a fascinating member of the publishing community. She is the CEO and Chairman of Rodale, Inc., which makes the claim to be the world's largest independent publisher of health, wellness, and environmental content, and the largest independent book publisher in the United States. Who am I to disagree? In fact, I love the world's largest claim, as I claim to publish the world's oldest eNewsletter. Maria is a third generation publisher whose grandfather J.I. Rodale founded the company in 1930. She is a lifelong advocate of organic farming and gardening. She is the author of five books. And she graciously agreed to my interviewing her. CLICK HERE FOR THE FULL INTERVIEW
As Content & Technology Converge, Publishers Feel the Squeeze
Is there a difference between a content company and a technology company? The answer to that question is becoming increasingly difficult to answer. In the recent past, publishers were by and large content companies. Today, with the blending of multiple content distribution formats, magazine media companies have forged new business alliances and discovered new types of competitors, blurring the lines between magazine companies and technology companies.
David Carey recently noted that, "Hearst is a content company, operating with a platform mentality...functioning as one global entity as far as content sharing." I suggest to you that only a technology company that sells content on such a vast scale can achieve the goal of that kind of global outreach.
Let's put a bunch of companies in the same sentence and see if we can divine the differences: The New York Times, Hearst, Condé Nast, Yahoo, Buzzfeed, Vox, and Upworthy. Can you distinguish the differences between these companies and their missions? If we are all fast becoming technology companies, as it seems we are, perhaps we should consider the differences and significance of online readership and off-line readership. Are we nearing a point when it will all be just readership?
[Sponsored Content] For a long time, brands have been powerful symbols of ownership, identity and value. Magazine publishers are increasingly discovering how beneficial those symbols can be. The post Magnifying the Power of the Brand appeared first on Folio:.
Deal pairs assets with Penton’s food service products and exits F+W from a market it never managed to grow into. The post Penton Buys World Tea Media From F+W appeared first on Folio:.
B2B and consumer media sector performance, however, are a mixed bag. The post Overall M&A Volume and Value Continue to Climb Through Q3 appeared first on Folio:.
When Amazon.com, Apple, and Google released updated versions of their streaming video devices this fall, all three companies pitched them as a way to play video games on TV. Roku is doing the opposite. In an interview ahead of the Roku 4 release on Tuesday, the company's chief executive didn't even mention gaming as he explained Roku's strategy.Roku has offered some games for years, but CEO...
Microsoft on Tuesday announced a set of devices designed to advance the company's vision of running its newest operating system and "universal apps" across all its devices.The lineup also attempts to realize the strategy Microsoft laid out earlier this year, putting the focus on mobile software and the cloud."What matters most is the mobility of your experience, not the mobility of a single...
A trans-Atlantic pact that potentially allows U.S. spies to get their hands on European citizens' private data was declared invalid by the E.U.'s highest court, in a ruling that threatens to plunge Internet companies into a legal limbo.Judges at the European Union's top court struck down the so-called safe-harbor accord after an Austrian law student complained about how U.S. security services can...
Facebook is instituting something akin to employee performance reviews for app publishers in its ad network, grading how well their inventory achieves advertiser objectives like driving downloads or selling product.The company already uses that information to decide which ad buys it doles out to which apps in its Audience Network. Now the company is sharing that information with the apps'...
Search Engine Land listed out five common mistakes that SEOs make in regards to link-building and content strategy. These mistakes can end up impacting traffic. One such mistake is only building backlinks to a site's homepage. It might seem like a good idea to point all external links to a homepage because it's the beginning step of most sales funnels. It's a much better strategy to link to...
Google's next Penguin update will be a real-time algorithm, and it is set to launch by the end of this year. The Penguin Update, first launched in 2012, targets sites that practice spammy back-link tactics. Any time Google releases a Penguin update, sites are either penalized with poor rankings for bad links or are able to regain rankings if bad links have been removed or disavowed. ...
Now more than ever, CMOs and their marketing teams require advanced analytical tools for planning strategic objectives. These tools provide analysis into how customers and prospects behave online, and they also work as guides in terms of optimizing campaigns. Gartner just released its first Magic Quadrant for Digital Marketing Analytics, and it ranked Adobe SAAS and Google as the leading...
What is the BoSacks FREE newsletter all about?
It is purely a very "personal" and slanted collection of news gathered daily over the Internet, which to me seems relevant and useful about the publishing industry. I do this as a labor of love and to keep myself as up to date as is possible with the ever changing and advancing "Information Distribution Industry" formerly known as "Publishing".
And how much does it cost?
The price for this service is nothing. It is Free. It is just as easy for me to copy three or four of my industry friends as it is to carbon copy the current list of 16,500 publishing professionals.