Rupert Murdoch’s Plan to Save Newspapers

February 3rd, 2010

In an effort to get back revenue that his print outlets have been losing, Rupert Murdoch is planning to charge for subscriptions to all of NewsCorp’s online content.  This would probably include news websites like Dow Jones, Marketwatch, Financial News, and The New York Post to name a few.  NewsCorp-owned Wall Street Journal was one of the first websites to implement a pay wall and has seen increased circulation over the last year.

The subscription-based access will also affect e-book devices like Amazon’s Kindle and Apple’s new iPad, which Murdoch recently said would go “unloved and unsold” without content from companies like NewsCorp, which owns HarperCollins books.  Murdoch disagrees with Amazon’s famous $9.99 Kindle book price, saying the low price devalues books and hurts hard-cover retailers.  As of now, Murdoch has put a hold on HarperCollins e-books sold through Amazon and is in the process of negotiating new pricing.  Business Journal (2/3/2010)  PC Magazine (2/2/2010).

Is Reverse Publishing the New Trend in Magazines?

February 1st, 2010

It’s typically common for a magazine to publish a website after the magazine is printed. However, Hearst is switching things up with the launch of Light & Delish, a bookazine based on the food website DELISH that was launched in 2008. MediaWeek Jan. 31, 2010.

Harris Publications to Launch New Celebrity Magazine

January 27th, 2010

Targeting African-American and “multicultural” women aged 18 to 34, Juicy will contain hybrid editorial, covering celebrities, plus hair and beauty.  Harris plans four issues this year with an increase to 12 in 2011.  Folio: Jan. 26, 2010

Analyst Forecasts Bleak Period for Magazines Through 2014

January 27th, 2010

The current tough economy is an aggravating factor, but the principal cause of a projected $16 billion industry-wide loss from 2007 to 2014 will be the “relentless adoption of digital formats.”  MinOnline Jan. 26, 2010