Wednesday, November 14, 2018

Mag world view:Breaking China's fashion; Tracking guys; Guardian model pays off; 17 cuts frequency; New York to paywall itself

Monday, November 12, 2018

First Time, now Fortune sold off

Meredith Corporation has sold Fortune magazine for $150 million in cash in a deal that will close by year end. The sale comes just a week after that of Time magazine for $190 million in cash.  These two major titles were part of the acquisition of Time Inc. by Meredith earlier this year and the sell-off two other important titles, Sports Illustrated and Money, are expected imminently.  Meredith has said that it was in particular unloading four titles titles didn’t align with Meredith’s core audience of American women.

Chatchaval Jiaravanon, Thai business tycooon and owner of Fortune Media Group Holdings Limited of Bangkok bought Fortune as a personal private investment; according to a story in Media Post, he intends to grow the brand's digital capabilities, geographic expansion and editorial team.  
“Our vision is to establish Fortune as the world’s leading business media brand, with an always-on reach and global relevance:” Jiarovenon stated. He believes “the demand for high-quality business information is growing,” which will lead to profitable growth for both the publication and its events branch.  
Tech billionaire Marc Benioff and his wife Lynn Benioff bought Time

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Tuesday, November 06, 2018

Toronto Life special edition features city's 100 Best Restaurants

Toronto Life has revealed its list of the City’s 100 Best Restaurants. The list will be featured in The City’s 100 Best Restaurants special edition, which is on newsstands today (November 6). Subscribers will receive the issue in addition to their regular monthly copies.
Toronto Life's no. 1
"At the top of the list is chef Patrick Kriss’ Alo, located at Queen and Spadina [said the magazine in a release.]. "The fine-dining restaurant, now three years old, seems to be improving with age: it’s home to one of the most singular restaurant experiences in this city, or any other." 
“There’s so much depth in Toronto’s restaurant scene right now that choosing only 100 was a real challenge,” said Alex Baldinger, Food Editor of Toronto Life. “But when it came to naming the No. 1 restaurant, our assessment was unanimous. Alo is thoroughly deserving, and consistently exceptional.”
The top 10 are
  1.  Alo (163 Spadina Ave., Toronto)
  2.  Edulis (169 Niagara St., Toronto)
  3.  Sushi Kaji (860 The Queensway, Toronto)
  4.  Actinolite (971 Ossington Ave., Toronto)
  5.  Jacobs and Co. (12 Brant St., Toronto)
  6.  Buca Yorkville (53 Scollard St., Toronto)
  7.  La Banane (227 Ossington Ave., Toronto)
  8.  Brothers Food and Wine (1240 Bay St., Toronto)
  9.  Canoe (66 Wellington St. W., Toronto)
  10.  Quetzal (419 College St., Toronto)
[The full list is available online at torontolife.com/TL100.]

In addition to the top 100 Restaurant list, the special issue also includes rankings of the city’s 30 best bars, 10 amazing out-of-town restaurants and 120 excellent wines.

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Friday, October 19, 2018

Harrowsmith adds fourth print issue for subscribers

Summer 2018
Harrowsmith magazine has announced that it is adding a summer print issue in 2019, which will be available exclusively to subscribers. Currently, the summer issue is produced as a digital magazine only. The other three annual issues (Fall Almanac, Winter and Spring) are available in both print and digital formats, by subscription and on newsstands.
“Several years ago, Harrowsmith marked its return by hitting newsstands with the Fall Almanac,” says Yolanda Thornton, publisher [in a release] The response was so overwhelmingly positive that a second print issue was added, then a third. And now, thanks to the support of our loyal subscribers, we are adding a fourth print issue each year, to complement the four digital issues we currently publish and our strong web presence.” 
Thornton also notes that, as part of the magazine’s continued steady growth, she hopes to expand the reach of the Summer issue to newsstands in 2020. “Having a fourth print issue is a boon to advertisers, because it provides an opportunity to communicate with the Harrowsmith audience more consistently across all four seasons,” says Cheryl Pauchuk, national accounts manager.

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Wednesday, October 17, 2018

Mag world view: San Francisco mag loses most of its staff; Shut up or die; Mag covers; Minnesota Business closing; Human blinders

Cosmo Australia closing down in December after 45 years

Australia’s Cosmopolitan magazine ends 45 years of publication in December. The international brand is owned by Hearst Communications and licensed to Bauer in Australia. The closure announcement was attributed to sluggish sales and low advertising revenue.It has an Australian and New Zealand readership of 160,000.

The CEO of Bauer Media ANZ, Paul Dykzeul, said it was not an easy decision to make, but publishing the magazine in Australia was not “sustainable”.

Thursday, October 11, 2018

Canadian Underwriter is being relaunched in both print and digital form

Canadian Underwriter magazine is being relaunched as a print and digital publication effective with its October 2018 issue. Qualified insurance professionals can request a complimentary print or digital subscription. 

Ian Portsmouth, who had been group publisher of Rogers Media's business publications until early last year, (among them Canadian Business, PROFIT, MoneySense), joined Newcom Business Media Inc as managing director of the Insurance Media Group, including Canada's largest insurance title, Canadian UnderwriterClaims Canada and several blogs, websites and services for the insurance industry. 
“Obviously, we’ll engage more deeply with our readers by employing the best editorial practices,” said Ian Portsmouth, managing director/publisher. “More important is whom the new Canadian Underwriter will connect with. The increased editorial focus on innovation and improvement will attract more of the people who embrace and drive change rather than settle for the status quo. It’s the most lucrative audience that advertisers can reach.”

Saturday, October 06, 2018

Alberta announces $650,000 funding increase for province's magazines

The Alberta government has announced funding boost for Alberta’s magazine publishers of $219,000 a year over the next four years. According to a post in  the Edmonton Journal, culture and tourism minister Ricardo Miranda said the funding — which increases annual support for the sector to $650,000 — will help grow a sustainable magazine publishing industry in Alberta.
“Alberta magazines are experiencing a renaissance and provide readers with unique literary and visual experiences,” he said. “I encourage all Albertans to pick up an Alberta magazine to explore new ideas.”
Joyce Byrne, president of the Alberta Magazine Publishers Association, said the cash will help boost capacity and broaden the impact of Alberta-grown magazines.

Alberta publishers produce nearly 200 titles annually, delivering 18 million copies to readers each year.

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Thursday, September 27, 2018

Atlantic merger: Advocate Group combines Saltscapes and Metro Guide group into one company

A major consolidation has been announced with the two largest magazine publishing companies in the Atlantic Provinces. Combined  under the Advocate Group of Pictou will be Metro Guide and Saltscapes, both based in Halifax, along with their associated websites, consumer and trade shows and contract publishing. Metro Guide was sold to Advocate Printing and Publishing, its printer, in 2010, and Saltscapes has also been printed by Advocate for several years.

Advocate provides printing and publishing services, including to such well-known titles as Saltscapes and, under Metro Guide Publishing, Halifax Magazine, Atlantic Boating, East Coast Living, Where Halifax  and more than a dozen regional weekly papers.

Wednesday, September 12, 2018

Mag world view: Conde's new beauty studio; Quarterly Playboy; New Bauer TV title; Facebook: from "uncool" to "best friend

Tuesday, September 11, 2018

Integrated B2B platforms draw readership for both print and digital copies

There's no surprise in a new B2B market research study done for Magazines Canada that 37% of survey respondents read both print and digital copies of their B2B magazines, 34% digital only, and 29% reading print only. This suggests that integrated, multi-platform strategies are key to reaching the total B2B audience.
The study shows that business media magazines are read by senior people in the industries which they cover, the majority of whom are buyers/purchase influencers. Their audiences trust what they read, and overwhelmingly rely on B2B media to find new trends as well as new products and services. High levels of audience trust and the ability to reach decision makers is also beneficial for advertisers, and the research makes a strong business case for advertising in Canadian B2B magazines.
"The central role played by B2B media is not surprising," explains Magazines Canada Board Chair Scott Jamieson. "For example, it's no surprise that learning about new products and technology is the number one reason business leaders read Canadian business media. However, the increasing number of people involved in B2B purchase decisions was eye-opening, as was the key role played by younger B2B audience members. The massive response rate allows us to really delve into how businesses make buying decisions, where they get the information to support those decisions, and how all of that differs with company size or demographics. Regardless, B2B media in all forms plays a central role."
The study was done by  RKI (Research + Knowledge = Insight) and made possible by Ontario Creates.