BoSacks Readers Speak Out: An Important Correction on "Print Ads with Money-Back Guarantee" & More
RE: BoSacks Speaks Out: Major Publishers Bet on Print Ads with Money-Back Guarantee
Thanks for sharing this article with your massive distribution list! We all appreciate your ongoing support of magazine media. Just wanted to make one clarification. We don't set a minimum ad spend threshold but in order to be eligible for the Industry Sales Guarantee, an advertiser must reach a GRP threshold of 150 Adults 18+ GRPs. On average, the Sales Guarantee programs we've conducted at Meredith are based on a spend somewhere between $1-$2 million over 12 months for print campaign - nowhere near the $10 million ad buy you mention as the requirement (although we wouldn't say no to that!). Thanks again for your interest in this exciting new MPA initiative (and thanks for coming to the AMMC breakout session!). (Submitted by Britta Cleveland | Senior Vice President, Research Solutions) CLICK HERE FOR THE COMPLETE ARTICLE
Here is my take on PubWorx LLC, the joint venture to combine circulation, procurement and production functions by Condé Nast and Hearst Magazines. Distilled down to their lowest common denominator production departments are about great efficiency and superior quality, probably in that order, but variable depending on the particular organization. The skills include shrewd procurement and a great proficiency in manufacturing and distribution. On the other hand, circulation is still less a science and more akin to alchemy, but many circulator's will no doubt dispute that concept.
The conjoining of the two companies makes perfect efficient sense to me. Again with a probable dispute by some professionals who read this, production departments just make interchangeable widgets. We put ink or pixels in the exact right place and fling them hither and yon around the globe. It doesn't really matter if we are making one widget or a hundred. Our job is to coordinate at the most reasonable price with the best possible quality in that price range, and "ship" on time and with great regularity.
The production process is agnostic to content. We don't really care what it is and so can combine and ship an unlimited number of disparate titles from unlimited companies. As Archimedes sort of said, Give me a production staff smart enough and a fulcrum on which to place it, and I shall move the world.
Re: BoSacks Speaks Out: - IAB's Rothenberg Blasts Adblock-Plus
Many thanks for sending Rothenberg's IAB speech. What gas! It's been a long time since I've read anything that was so wrong to begin with and then got worse. I've never understood the kerfuffle over ad blockers... but now I'm thinking that if this fellow hates them so much I should probably get one. (Submitted by a Publisher and Official BoSacks Cub Reporter)
Re: BoSacks Speaks Out: - IAB's Rothenberg Blasts Adblock-Plus
How about freedom of privacy? I'd think that would include the freedom to go onto the Internet without being stalked. (Submitted by a Writer)
Re: BoSacks Speaks Out: - IAB's Rothenberg Blasts Adblock-Plus
Bo, there are so many news and magazine sites i've stopped going to because videos start playing automatically or windows start opening in my browser. there are many sites that have so much multimedia going on that browser caches fill and never load properly or degrade the site performance. it's ugly. so guess what? whenever i learn of something of interest in an e-newsletter or in a news search, and i see that it links to a site that does that, i look for that topic elsewhere. (Submitted by an Industry Analysist)
Re: BoSacks Speaks Out: - IAB's Rothenberg Blasts Adblock-Plus
Mr. Rothenberg is wrong. No one wants to see ads. They are intrusive and unwanted. And, I would hope that the companies that are developing Ad Blockers are pro-profit. (Submitted by a printer)
Full disclosure: I may or most likely may not be the normal reading consumer on the internet, and for the record I do use ad blocking software. Without it my day on the web was increasingly a painful, slow and a terribly intrusive experience. Also for the record, and most importantly, I am willing to pay for the reading material I want and need. I pay for the New York Times, The Wall Street Journal, the Washington Post and Texture (formally known as Next Issue Media) among several others. In fact, it is no secret that most of my working day is either reading on the web or writing about what I read. So I am something of an expert about the on-line user experience.
Here is my take on the situation. Ad blocking is serious business brought upon us by our own misuse of trust given to us by the reading public, the trust we had correctly build up over the last 100 years as the guardians of publishing and of print. I have always felt that the publishing community and the rest of the advertising internet infrastructure has from the outset abused the privileges of permission on-line. I don't want to be tracked by companies that want not only a large slice of my wallet but also the uninvited intrusion into my mind and how I'm thinking and where I am at any given moment. I am also offended that these unsought intrusions that slow down my web experience with bloated and unwanted downloads. FOR THE COMPLETE ARTICLE CLICK HERE
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
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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."
CLICK HERE FOR THE COMPLETE ARTICLE
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.)
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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.
Well, we're almost positive this is Redford, I mean, it's hard to miss that face. But you almost couldthat is, blink and you could miss his little turn for Burger King. The spot is about 29 seconds worth of skiing shots interspersed with burgers and fries, and it's not until the last second that the skier is revealed to be none other than Redford.United AirlinesRedford lent his recognizable voice...
U.S. antitrust officials outlined their arguments for why a judge's ruling approving AT&T's takeover of Time Warner should be reversed, saying the court ignored "fundamental principles of economics and common sense.""The district court's determination that Time Warner would not have increased bargaining leverage post-merger erroneously disregarded the economics that governs negotiations in this...
The rally in Facebook stock is turning heads.Shares have broken back above two major moving averages today, the 100-day and the 200-day. And Evercore ISI Head of Technical Analysis Rich Ross is pointing to another indicator that is making him bullish."Facebook experienced the worst day in history yet still held both trend and momentum, which in conjunction with the textbook bullish reversal off...
Rae plays a cheeky housewife enjoying a hot shower she says wouldn't be possible without her home's oil heat: "Only oil heat can give me so much, so fast, and it's so dependable!" Brought to you by the National Oil Fuel Institute, of course.CharminIn this spot, Rae is Ms. Flagg, a floor supervisor at the Charmin plant charged with ensuring employees don't squeeze the "squeezably soft" Charmin on...
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