In one of his first moves as Time Warner CEO, Jeffrey L. Bewkes is expected to announce the lay off of 75-plus corporate unit employees on February 6, when the company reports its first financial results, covering 2007 and the fourth quarter. Earlier predictions had as many as 200 Time employees being laid off and [...]
Source Interlink Cos. has plans to take 40 million copies out of distribution over the next few months, following the 57 million copies that were cut last spring to improve its 34 percent sell-through rate. Source co-Ceo Jim Gillis said cuts are aimed at bringing Source’s efficiency rate to 50 percent by summer. Anderson News [...]
At a meeting next week in Ft. Lauderdale, the USPS Periodicals Advisory Group will decide whether digital magazine subscriptions should factor in to the requirement that says publications must have 50% or more paid or requested copies to qualify as a Periodical. As of right now, only hard copies are counted, which raises concern for publishers whose [...]
Skeptical media-buyers can rest easy now that a new study by McPheters & Co. has been done to uncover where public-place magazines reach the largest and most-engaged audiences. The study, which was funded by Bonnier Corp., BusinessWeek, CMS, Conde Nast, Hachette Filipacchi Media, Meredith Corp., Magazine Publishers of America, Time Inc., Primedia, Reader’s Digest, and TV Guide; [...]
The companies will continue the successful partnership that has returned double digit sales growth in each of the past three years. The launch of Clean Eating magazine will be a major expansion focus for 2008. Comag Marketing Group Press Release (Dec.13, 2007)
The newsstand industry’s annual fundraiser in New York City to benefit the Monsignor Robert Fox Memorial Shelter has been cancelled on account of the hazardous weather conditions. The news came in emails sent by Curtis Circulation and the PBAA this afternoon. There are no plans to re-schedule the event. (Dec. 13, 2007)
He joined the national distributor in 2001 as vice president of client marketing. Comag Marketing Group (Nov. 26, 2007)
Source Interlink has agreed to purchase American Media Inc. for approximately $1.2 billion, according to New York Post media columnist Keith Kelly. The New York Post (Nov. 14, 2007)
Baird Davis cites their efficiency-improvement initiatives, shared services agreements and willingness to offer SBT terms to retailers as evidence of wholesalers changing their ways. Circulation Management (Sept. 17, 2007)