Category Archives: Magazines

HuffingtonPost: Writer donates $20,000 cheque for ‘magnificent’ New Yorker article

What would you do if you were sent a $20,000 cheque for what the reader believes is an outstanding piece of journalism? That’s what happened to Atul Gawande, for a piece on healthcare in the New Yorker last summer. It came from investor and philanthropist Charlie Munger, business partner of philanthropist Warren Buffett. HuffPo reports that Gawande donated it to a hospital.

“[Gawande] had an article last summer that was absolutely magnificent,” Buffett said on CNBC’s “Squawk Box” Monday morning. “My partner Charlie Munger sat down and wrote out a check for $20,000 to him and he’s never met him, never had any correspondence with it, he just mailed it to the New Yorker and he said, ‘This article is so useful socially. He says,’ Just give this as a gift to Dr. Gawande.’

A rep for the New Yorker tells the Huffington Post that Gawande did not accept the money personally. Instead, he accepted it as a donation to the Brigham and Women’s Hospital Center for Surgery and Public Health for an international health project they are working on in coordination with World Federation of Societies of Anesthesiology and the World Health Organization. The project aims to “distribute oxygen monitors in developing countries with inadequate surgical safety equipment.”

Full post at this link…

British Journal of Photography relaunches as monthly mag

The British Journal of Photography has relaunched its print magazine with a return to a monthly format from 3 March.

The 156-year-old title was originally launched as a monthly in 1854. It will now feature two new sections: “‘Projects’, which showcases new photographic series of work; and ‘Intelligence’, devoted to opinion about new trends and issues.”

The revamp will be backed by an aggressive subscription drive and a push to increase copies on international news stands, says the title.

“We believe that print magazines have a positive future, so when we began thinking about what we could deliver as a monthly, we decided to play to the strengths of print. While many magazines are cutting costs and chasing readers that now have an allegedly shorter attention span, we are investing, rewarding them with a redesigned magazine that uses higher quality paper, has superior reproduction techniques and delivers more depth,” says editor Simon Bainbridge in a release.

Media Release: Reader’s Digest emerges from bankruptcy in US

The Reader’s Digest Association announced yesterday that it had “sucessfully completed its financial restructuring” and has “emerged” from bankruptcy protection, which it filed for under Chapter 11 in August last year.

The publisher of the Reader’s Digest titles has reduced its debt by 75 per cent, the release says.

The publisher’s UK title filed for administration last week, but RDA said it did not expect the UK administration to have a material impact on its financial performance as the UK business has been operating with a negative free cash flow.

Full release at this link…

Reader’s Digest UK to file for administration

Reader’s Digest UK has filed an administration proceeding in the UK, it has been announced by the company. As reported by the Guardian today, it follows the failure of a deal to settle its pension fund. RDA today announced:

RDA (Reader’s Digest Association) does not expect the UK administration to have a material impact on its financial performance as the UK business has been operating with negative free cash flow, and without the contemplated restructuring the corporation did not see a clear pathway to profitability in the UK over the next several years.

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Paywall and subscription models: a study of 30+ organisations

Alastair Bruce (@ajbruce), content manager for MSN UK, has studied over 30 organisations to produce this detailed presentation on pay wall and subscription models. He examines bundling, micropayments, metered systems, freemium and 100 per cent subscription models, across consumer/specialist titles and national/local newspapers. Who is doing what, and what comes next?

How publishers are charging for online content or consumption and implementing paywalls and subscription services

Tech Watch: Future to launch paid-for ‘games show’ on PlayStation

Future Publishing will launch FirstPlay – a games show delivered directly to PS3 consoles. The show will feature video reviews, details of new releases and a downloads section and will be priced at 99p per weekly episode or £8.99 for a three-month subscription, reports Tech Watch.

There will be six ad slots in the show, a trailer of which is available on the Future website.

Full story at this link…

Media Business: New bidder in talks to buy RBI’s US magazines

Canon Communications is reportedly in talks with Reed Business Information to buy a number of trade publications from the publisher, which last year announced the divestment of its controlled circulation business titles in the US.

The titles being discussed, according to Media Business, could include Control Engineering, EDN, Design News, Packaging Digest and Test & Measurement World.

Full story at this link…

Travel Trade Gazette using Google Docs to engage readers in debate

As part of its coverage of the strike action threatened by British Airways’ cabin crew, industry magazine Travel Trade Gazette is using Google’s document tools in an innovative way.

Using a spreadsheet from Google Docs, the Gazette is asking readers for their views on British Airways’ terms and conditions with travel agents in a follow-up to BA’s appeal to the trade not to switch customers to competitors, because of potential action. The survey is being promoted in relevant stories on the TTG site.

There have been plenty of lengthy responses so far and its the first time that TTG has approached readers with Google Docs, chief sub-editor for the TTG Group Matt Parsons told Journalism.co.uk.

“What’s also interesting is that it’s causing people to phone the news desk with ideas. The next step may be for us to hold a round-table – we may invite travel agents to come in and speak with British Airways,” says Parsons.

“It’s touched a nerve with agents, but we’re trying to turn around the negativity most people think the web is for, and be constructive. A lot of people are still venting their anger, but there’s some good suggestions coming in after tweaking the Google Doc form wording.”

Rory Brown: Is the PPA too focused on print?

Rory Brown asks whether the appointment of Barry McIlheney a chief executive of the PPA, the UK’s industry body for the magazine and business media industry, means a return to a periodicals/print focus for the group.

While print magazines are still hugely important in the overall mix would you really want to be part of an association with that as its sole focus?

The root cause of the PPA’s problems was an inability to adapt to a changing media landscape. The PPA had a position as the association for the business of media. This position was lost through its dogged concentration on one channel as their member firms’ businesses diversified.

Full post at this link…

Timesonline.co.uk: Guardian and Apax pledge fresh funds for Emap

Emap’s owners – the Guardian Media Group (GMG) and Apax – have pledged to pump more money into the publisher, the Sunday Times reports:

The pair are gearing up to support an acquisition drive with fresh funds after rejecting proposals to relax covenants on Emap’s £700m of debt because it would be too expensive.

Emap, which was acquired for £1 billion in 2007, warned in its last set of accounts of “significant doubt” that it could carry on as a going concern if economic conditions deteriorate or renegotiations with lenders failed.

Full post at this link…