Does geography matter. You bet.
Iowa? We're outta here...
There have been many examples of big companies buying smaller, funky titles and then promptly tamping them into a corporate mould, thereby losing the very things that made them work. There have been some Canadian examples (does anyone remember Harrowsmith being acquired by Telemedia?)
But there has rarely been a case like ReadyMade magazine, a San Franciso independent much beloved of its audience, acquired in mid-2006 by giant Meredith Corp. (Better Homes & Gardens etc.).
As part of its plan to cut and consolidate staffs, Meredith (which suffered a 50% profit decline in the first six months of its fiscal year) ordered ReadyMade -- a title with a decidedly west coast sensibility -- to move to the high corn of Des Moines, Iowa, Meredith's headquarters. According to a story in SF Gate, a site operated by the San Francisco Chronicle, all the half-dozen staff member, including the founders, Shoshana Berger and Grace Hawthorne (shown), quit rather than move.
But there has rarely been a case like ReadyMade magazine, a San Franciso independent much beloved of its audience, acquired in mid-2006 by giant Meredith Corp. (Better Homes & Gardens etc.).
As part of its plan to cut and consolidate staffs, Meredith (which suffered a 50% profit decline in the first six months of its fiscal year) ordered ReadyMade -- a title with a decidedly west coast sensibility -- to move to the high corn of Des Moines, Iowa, Meredith's headquarters. According to a story in SF Gate, a site operated by the San Francisco Chronicle, all the half-dozen staff member, including the founders, Shoshana Berger and Grace Hawthorne (shown), quit rather than move.
2 Comments:
Another publisher falls victim to their own hubris. Serves 'em right. Can't wait for the next issue... "1001 ways to tie corn husks." Ugh
Alas Shoshana Berger and Grace Hawthorne have obviously never heard about the Iowa State fair.
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