AdweekMedia’s US magazine ‘hot list’: Economist and Elle take top spots

AdweekMedia has published its annual ‘hot list’ for US magazine titles:

“Inclusion in AdweekMedia’s annual ‘Hot List’ is based on several factors, including: ad page and revenue gains; performance within a magazine’s competitive category; circulation gains; interviews with media buyers and consultants, and AdweekMedia’s own editorial judgment,” says a release.

Here’s the top 10 compared by circulation and advertising revenue (in millions of dollars) using Many Eyes’ visualisation tools (click on the images to see more):

Circulation

Advertising revenue

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Rebekah Wade’s first public speech in full

If the Wordle and other coverage isn’t enough, here’s the Hugh Cudlipp speech by the editor of the Sun, Rebekah Wade, in full [note: may have differed very slightly in actual delivery]:

The challenging future of national and regional newspapers is now the staple diet of media commentators.

If you have been reading the press writing about the press you’d all be forgiven for questioning your choice of career.

I’m not denying we’re in a tough place – we are.

But I don’t want to use this speech to make grand statements on the future of our industry.

I want to talk to you about journalism.

More »

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A timely week for the Huffington Post to launch mobile

In all the election excitement, this nearly got missed but the Huffington Post went mobile this week.

Media Bistro originally reported:

“HuffPost Mobile’s election coverage includes top news stories, election results and featured blog posts. Other non-election content includes pieces from HuffPost’s various sections like green, living, entertainment, media and style.”

It’s powered by Crisp Wireless and the two partners will now be looking to gain advertising revenue through the service, Media Bistro reports.

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Video search engine blinkx signs up Telegraph.co.uk

Video content from Telegraph.co.uk will now be available through video search engine blinkx, as part of a new partnership announced today.

The publisher will share advertising revenue from ‘contextually relevant’ ads placed next to the clips by blinkx, a release from the company said.

The site already features content from Getty Images and previously agreed content deals with the Guardian and Euronews.

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Online revenues up for Independent and Johnston Press, but print ads fall

At the same time as reports of significant decline in UK and US print advertising, online advertising revenue is up for the Independent News Media Group (INM) and Johnston Press.

Johnston Press, the publisher of the Scotsman and over 300 regional newspapers and websites, announced that digital revenues had grown by 52.1 per cent to an unstated figure, in its interim results for the 26 weeks ending June 30.

The publisher reports that it will ‘continue to experience significant growth in overall audience reach – combining our newspaper readership with the rapidly increasing number of people visiting our websites.’

Meanwhile, INM, which – among other titles – publishes the Independent, the Belfast Telegraph and the Independent on Sunday, saw online revenue from advertising grow by 23.3 per cent to €15.9 million in the six months prior to June 30, it reported in its half-year results.

INM’s online revenue (including its stakes in other online ventures) rose buy 57.1 per cent to €30 million over the same period ‘reflecting good organic growth and a continuation of its multimedia investment strategy across all regions,’ the report said.

Online classified and display advertising now represents around 4 per cent of publishing advertising for the group. This increase was helped by ‘strategic’ investments in services such as price comparison, online gaming, image search, and mobile.

Nonetheless, online was included in INM’s overall group costs, which increased by 1.4 per cent. The publisher also recorded ‘certain online and education start-up development costs’ of €6 million and €19 million.

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Future websites attracting over 11m unique users per month

Future publishing’s portfolio of websites, which includes TechRadar.com and GamesRadar.com, are attracting over 11 million unique users per month, figures released today suggest.

GamesRadar alone attracts three million page views a day, according to the publisher’s financial report for the six months to March 31.

The report also stated that revenue from digital advertising now accounts for 19 per cent of the group’s total advertising revenue – an increase from 15 per cent last year.

“Our digital strategy, which attracts the lion’s share of our investment in new product development, is at a very exciting stage. With the launch of MusicRadar and TechRadar networks earlier this year, we now have pillar online properties in each of our specialist sectors,” Stevie Smith, chief executive of Future, said in the release.

However, operating profit for the publisher fell from £7.7 million over the same period in 2007 to £5.2 million.

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Digital Journal launches revenue sharing for its citizen journalists

Digital Journal has relaunched its citizen journalism site, which now includes a revenue sharing initiative for citizen journalists.

Regular contributors to the site can now qualify for a share of the ‘moneypot’ made up from advertising revenue and the site has reportedly already paid out $38,000 to citizen journalists.

The initiative applies to news stories, rather than blogs, journals, groups, photos or video, and is calculated on the number of news stories each citizen journalist uploads rather than purely on the popularity of individual posts.

Citizen journalists who would like to be paid for their contributions must first have their work approved by the Digital Journal board to ensure they ‘have a solid understanding of spelling and grammar, and can show an ability to find and research relevant news.’

The move distinguishes the social news site from competitors such as Newsvine and Norg as the first online community to share a portion of revenue, albeit to a small percentage of its total users.

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Innovations in Journalism – Skimbit

We give developers the opportunity to tell us journalists why we should sit up and pay attention to the sites and devices they are working on.

Ever tried to organise an event or share research on email for more than two people? Nightmare, hey? Fear it no longer. Today’s IIJ is social scrapbook and decision-making site Skimbit.

1) Who are you and what’s it all about?
Hello, I’m Alicia Navarro.

Skimbit is start-up I founded, it’s a web tool for gathering the best bits from sites you like, so you can analyse, share, and get feedback on your findings.

2) Why would this be useful to a journalist?
Skimbit is great if you are compiling research and want your results presented in a visual, professional way.

You can form groups and together you can compile research on a chosen topic – all to the same web page. You can also use other people’s research as the basis for your own projects.

3) Is this it?
Hell no! We have exciting product developments in the pipeline, including more ways to skim a page, more ways to view and analyse findings, and a very exciting new user interface upgrade.

4) Why are you doing this?
I came up with the idea for Skimbit after organising one too many group holidays. The process of copying and pasting links to villa or cottage sites into an email, sending to friends for feedback, and collating everyone’s responses, was arduous and inefficient. I also found the process of researching the purchase of a TV difficult, because there were so many factors to consider other than price.

So I designed Skimbit to specifically deal with these issues but found that it had even more wide reaching uses – in fact, a huge proportion of our users have the service for compiling business research.

5) What does it cost to use?
Absolutely nothing! We do offer a white-label of our service that companies can license, and we customise it fully so it becomes part of their site, but for the general public, its free.

6) How will you make it pay?
We earn revenue from licensing out a white-labelled version of the service, and we earn advertising revenue, and soon we will earn some affiliate commissions. But the core ethos of Skimbit is that we don’t influence the content for our benefit: Skimbit is your tool for conducting research, and we don’t push products or sites at you.

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News.com: Citizen news site Helium draws heat from community over planned changes to payment

Citizen journalism site Helium.com has drawn criticism from members of its own community by suggesting changes to the way they attribute payments to their users.

Site developers want to change the payment system to reward the most active participants.

‘Helium pays a portion of its advertising revenue to people who write the most widely read stories on the site-popularity that is based on user reviews from members,’ wrote News.com:

‘But the company suggested that its new system would pay only those people who maintain a “single-star” rating on the site, which means that they wouldn’t just write, but they also would need to review as many as 40 stories within 90 days, according to the company’s original post. Anyone who fell below a single-star rating would not be paid for their stories.’

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Gawker: America’s pernicious Pulitzers

‘The Pulitzers aren’t going to finance American journalism; in fact, one can make the argument that these self-congratulating awards, and the attention devoted to them, are symptomatic of the decline of the newspaper industry.’

So says Gawker of America’s premier press awards in a characteristically pithy piece of commentary.

But pith isn’t the sole aim, this well aimed jab strikes at the exposed underbelly of the US press and scores a good point.

‘Newspapers’ Pulitzer-chasing is most damaging because it distracts newspapers from their real challenge.

‘Rather than impress colleagues with the seriousness of their reporting, US newspapers need to engage a readership that is drifting off to television and the internet.

‘Pulitzer-winning journalism will win Pulitzers; it won’t save an industry which is experiencing double-digit annual declines in advertising revenue.’

Nodding agreement here.

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