Google Fast Flip as the New News Stand
Labels: magazines, newspapers, online
A spot about the business of writing as seen by a freelance writer. That includes marketing, sales, contracts, copyright, planning, research - in short, the business end of writing.
I'm an independent writer and photographer who covers business, food, technology, books, media, general features, and pretty much anything appealing that results in a signed check. My work has appeared in such places as the New York Times Magazine, Newsweek, Newsweek Japan, Fortune, Inc, Fortune Small Business, the Financial Times, Advertising Age, Saveur, US News & World Report, and Continental
Labels: magazines, newspapers, online
Labels: employment, magazines
In addition, by entering, Entrant grants to Sponsor a nonexclusive, worldwide, royalty-free license to edit, publish, promote, and republish at any time in the future and otherwise use Entrant’s submitted essay, along with Entrant’s name, likeness, biographical information, and any other information provided by Entrant, in any and all media for possible editorial, promotional, or advertising purposes, without further permission, notice, or compensation (except where prohibited by law).No need to wonder; you are reading it correctly. By virtue of entry, a writer gives unfettered use to the publisher to publish an essay as many times as it wants, with any edits that it desires, whether as editorial or for promotional or advertising purposes. The mag doesn't have to ask or even inform the writer and doesn't pay one penny. And that's for any entry, not a winning one.
Labels: Dan Baum, magazines, New York Times, New Yorker, pitch, proposals
Among Web users, nearly two-thirds (63%) of banner ads were not seen. Respondents' eyes "passed over" 37% of the Internet ads and "stopped" on slightly less than a third, McPheters & Co. found.
In contrast to online ads, TV and magazine ads generated a strong propensity to be seen and recalled. Full-page, four-color magazine ads were determined to have 83% of the value of a 30-second television commercial, while a typical Internet banner ad has 16% of the value.
Here are the major findings from the press release issued by the market research firm that undertook the study:
Labels: advertising, broadcasting, magazines, online, television
Labels: broadcasting, Internet, magazines, online, publishing, strategy, television
Labels: collection, magazines, payment
Labels: interactive, magazines, markets, newspapers, radio, television
Labels: magazines, marketing, prospects, trade publishing
Labels: clients, in-flights, magazines, strategy
I write a reasonably well-read blog on the freelance business. I've been hearing that writers are being asked to wait very long periods for payment from your company, and so wanted to ask you about this before I put something on my blog.I got a response today, as well, from Hayley Gudat, "Director of Estates West & Custom Publications Media That Deelivers, Inc." Here is the response:
Thanks for contacting us about your blog before making any comments about Media That Deelivers. While we cannot stop you from posting about us, we of course hope you will not, simply because we have always maintained excellent relationships with our freelancers, and in most cases have been using the same writers, photographers and stylists for years, which we believe is testiment to our reliability as a publisher of magazines. We have been in business over a decade and have probably the best reputation in our state, be it for our editorial content or the way we treat the people we work with.The related story and the response don't seem reconcilable to me, but perhaps there is something that I am not getting. At least what I'm missing is not a check, which is an unreasonable situation for any freelance writer to be in.
In some situations, freelance payment can be late, but never, ever has an invoice gone unpaid. We try at all times to pay any freelancer on time, and in most cases we do, though of course there will be occurances of slight backlogs. We always communicate with our writers, should a payment be late, and from my experiences they appreciate the dialog and we have not had any problems to date. I hope this helps you. Please contact me if you have any other concerns or questions.
Labels: complaint, magazines, Media That Delivers, publishers
Maghound.com allows consumers to choose titles from a variety of publishers for a mix-and-match “subscriptions” where they pay one monthly fee and have the ability to switch titles at any time. Unlike traditional subscriptions, members aren’t locked in their memberships and can cancel whenever they wish. [President of Maghound Enterprises Dave] Ventresca says that Maghound.com offers “flexibility, choice, control and personalization.”I think this has to be a relatively scary thing for publishers to get into. Until now, people I know would make a calculation regarding a magazine subscription: If you were going to spend more on individual issues than you would on the best discounted price you could find for a subscription, you went for the subscription.
Executive editor Kathryn Keller says the magazine received thousands of e-mails, letters, photos and projects since editor Scott Omelianuk's first call for submissions in his December editor's letter.Ads were up over the same issue the previous year, but so were expenses. Interestingly, the big resource sink was apparently not the editing, but building and managing the associated web site. This Old House is currently thinking of doing this on an annual basis. There's even a company that apparently is finding a way to make this pay in the long run:
In addition to the letter, the magazine created a dedicated microsite for readers to upload materials and then called for submissions at the end of magazine stories, in e-mail blasts and at the end of the This Old House television show.
8020 Publishing, which formed in June 2006, produces its two reader-generated titles Everywhere and JPG with a total staff of 19, and may be profitable by next year. The company is reportedly considering similar titles for foods and car enthusiasts, if the demand among its online community reaches critical mass.
Labels: content, magazines, user-generated
So what does this mixed bag of numbers mean? Not much. Since I have started tracking new magazine launches, I have witnessed a two or three years’ declines after a very healthy and busy year. 2005 was a very healthy year. 1013 new magazines were launched. The decline started in 2006. We are in our third year of decline. In 2006 we have seen 901 new launches, the number dropped to 715 last year, and if the trend of the previous years continues, we will see another drop again this year before the numbers bounce back. Call it market correction if you please, but definitely it is NOT a sign that print is on its way out. History will tell us otherwise. So enjoy this quarter’s crop and look forward to more titles to come next month.I must agree and disagree. On one hand, no, magazines aren't going to disappear overnight. However, even counting downward economic pressure, this is hardly something to make you feel comfortable. You have to find where the magazines are still strong and forget about any old mainstay that is being hit badly.
Labels: magazines, markets, Mr. Magazine, strategy
Labels: contracts, corporate, custom publishing, magazines, newsletters, online
Ad salesperson: "This is really a great publication for you to reach your customers."Tough to make the sale if you can't show the natural interest. That's why you should take a look at this article from Crain's New York Business, which discusses the general state of magazine ads and which categories are up and down in the first quarter of this year as compared to the same time last year:
Corporate ad buyer: "But we sell nutritional supplements for older people and you have a magazine for kids. What interest are they going to have in geriatric products?"
Ad salesperson: "Ah, but one day they're going to be older, and think of all the mind share you would have built!"
For the entire industry, rate-card-reported advertising revenue, which does not reflect discounting, came in at $5.2 billion, down 1.2% from the previous year. Ad pages—generally considered the more reliable industry bell weather—fell 6.4%, to 49,167.The top advertising categories that actually showed growth were retail; transportation, hotels and resorts; financial and real estate; and food. "The category that includes the likes of Kraft’s macaroni and cheese and Lay’s potato chips almost single-handedly held up the magazine industry in the first quarter, according to numbers released Monday by the Publishers Information Bureau of the Magazine Publishers of America."
Labels: advertising, magazines, markets
“Quamut.com positions Barnes & Noble as a leader in digital how-to publishing,” said Dan Weiss, publisher and managing director of Quamut.com. The company simultaneously publishes all content in two formats: as HTML content and as downloadable PDFs. In some cases, Weiss said, Quamut guides are also available as a four-to-six page laminated printed charts, available for purchase at Barnes & Noble stores and BN.com.This can't be good news for the many authors who write for the how-to series books. Even if the pieces are short (the downloadable PDFs generally run from 2 to 8 pages, many people buy how-to books to learn something specific. Break it out and you suddenly don't need the entire book - and I'd bet that the Quamot authors aren't getting royalties on either advertising or downloads. Or maybe I'm getting it wrong, and the free material online does just the opposite - sets up an interest in buying the book. B&N advertising full titles on the pages with the how-to content.
The business is supported through three revenue streams: advertising through display ads and Google AdSense, the sale of full-color PDFs ($2.95), and the sale of laminated printed charts ($5.95 each). Many ads on the site are for books related to the subject at hand; for instance, the guide to stretching features an ad for books about stretching, with the line “Learn more with these titles from Barnes & Noble.”
New York-based Ziff Davis said in a court filing that it had about $500 million in liabilities and $313 million worth of assets, as of the end of December. It filed for Chapter 11 protection to restructure debt that had become burdensome.Senior creditors - in other words, people other than writers, photographers, and photographers - are writing off a big chunk of the $225 million they are owed and getting at least 88.8 percent of the company's common stock as a result.
Labels: bankruptcy, magazines, publishers
Labels: ethics, magazines, publishing, reviews
Labels: magazines, mergers and acquisitions, trade publishing
Her breezy, street-smart tales of five girls chasing pop music careers were turned into two hit television movies, and a third is now being filmed in India. Cheetah Girls CDs and DVDs have sold in the millions, and concert tours have hit more than 80 cities. Meanwhile, Disney's fabled merchandising machine flooded the market with Cheetah Girls shoes, dolls, toothbrushes, video games, backpacks, note pads, pillows, posters, T-shirts and the like.According to the story, Gregory has seen $125,000 total in the last nine years. She's never gotten a "net profit participation statement" from Disney, although she's been asking. She lives in a studio apartment in Manhattan.
Gregory expected to get a piece of the action when she signed a 2001 contract promising her 4% of the net from all of this activity. But like many other authors who have signed away dramatic rights, she says she never got a penny of the profits. Unlike screenwriters, who were backed by a strong union in their recently ended strike, most literary writers are at a disadvantage when negotiating with Hollywood. And it is difficult, if not impossible, for them to crack the safe.
"This is an old, old story in Hollywood," said literary agent Nicholas Ellison, who has represented numerous clients in book-to-film negotiations. When studios are asked why an author has not received any net profits, he said, they often point to expenses that have grown larger than expected and contend that a hit picture has not, in fact, made money.No kidding. According to the WGA, 43 percent of Hollywood movies over the last five years were adapted from books, articles, and other writing. As Paul Aiken of the Authors Guild said, "The best advice we give is that you should try to get as much of your money upfront. You can't count on net profit deals for anything." And apparently the studios are ready to walk away from writers, including ones that aren't big names, because there are always other books available.
It's called "Hollywood accounting," and in some cases studios may be on solid ground, citing legitimate costs such as promotion and development. But in other cases, contracts contain definitions of "net profits" that make it all but impossible for an author to collect money that once seemed tantalizingly at hand.
The first movie was broadcast in 2003, drawing an estimated 6.5 million viewers on its first night; the second aired in 2006, attracting 8 million. Two CD soundtracks sold a combined 3 million copies. National concert tours in each of the last three years have played to sold-out crowds. Merchandise made by a flurry of companies who leased the rights from Disney began flooding into malls across the nation.Hollywood is again courting Gregory over a new series she's written. And this time she's not depending on just her agent, which is William Morris these days, but is independently hiring an experienced entertainment lawyer to represent her interests. You and I can't do that with magazine contracts, so maybe a "get this out of the contract" approach is what is necessary. And if the publisher insists that it needs the rights, then tell them you want something in there about being able to audit the results and to get notification of when these deals happen. Oh, and a definition of exactly what comes out between gross and net.
Labels: books, contracts, Hollywood, magazines, rights, royalties
Still, investors applauded his approach. In 4 p.m. New York Stock Exchange composite trading, Time Warner shares rose 31 cents, or 2%, to $15.71. Time Warner's shares have sunk this year to levels not seen since 2003, when the company was still reeling from its disastrous AOL merger.
Labels: magazines, publishers, television
Labels: magazines, publishing, Wal-Mart
John Squires, executive vp, Time Inc., said that while he’d like the company’s sites to “crawl up in terms of scale,” he’s happy with their rank in engagement and revenue per user. Speaking today at a Time Inc. Digital Showcase, he noted that according to Time Inc.’s own ranking, the company’s sites come in 15th among media companies in terms of time spent per visitor.Happy with revenue per user? To me, that generally means that someone is making a good amount of money. Newspapers and magazines see pretty serious revenue from the web. So when were the publishers going to admit it to the writers?
Labels: magazines, newspapers, online, strategy
But this so-called “law of large numbers” is not the whole story. As for the rest, "it is all to do with classified upsells," analyst Paul Ginocchio of Deutsche Bank Securities, wrote me in an e-mail. Classifieds are the leading edge of the bleeding in print advertising, with losses substantially worse than even pessimists had forecast for 2007. Unfortunately, as Ginocchio notes, classifieds typically make up about 70 percent of the typical newspaper site’s online ad revenue.In the view of Edmonds, newspapers will need some significnatly new strategies - not more porting paper to pixels. He has some observations and recommendations worth reading. As always, no single piece of information should determine your business strategy. But, put together, they help to give some view of the near and mid-term futures of your industry.
Labels: magazines, markets, newspapers, strategy
Labels: magazines, market research, newspapers, periodicals
Labels: magazines, photography, sales
A small niche subscription base magazine can probably be launched for under $50,000 - a full featured newsstand consumer magazine would require into the millions to successfully launch.Distribution and content help tell you what the magazine's focus is. In this case, according to the Times piece, the focus definitely seems to have a consumer slant:
Marketed to women who work full-time or are full-time mothers, its purpose, Ms. Dorny said, is to help these women find “a sense of order and a feeling of control over the work desk or toy bin.”If you see a picture of the magazine, it appears to be a glossy with sophisticated design. All this means that the start-up costs are quickly racking up the zeros. This money has to cover printing, design, content, customer acquisition, marketing, and many other expenses. In other words, $100,000 for a title like this is little money. Now factor in that the ad sales of the first issue were only nine pages out of a total of 64 pages. That's 14% ads, which is extremely low in the industry. The question is whether there will be enough cash flow to keep everyone paid in a timely manner without depending on an additional investment.
We have been very blessed with writers who believe in the idea of the magazine so much, and in the long term possibility of it, that they were willing to contribute for the mention of their name, business and/or website. They will be the first to get paid when we begin doing so (we plan to start with the jan/feb issue).Definitely not a market for a pro writer, as you'd apparently be helping to underwrite the development of the magazine. I don't know if the designers were paid, though I'm pretty sure that printers don't work for nothing.
We do now pay, but on a limited scale.So it is a paying market, though limited pay and payment comes after publication.
We pay $500 for a feature article and $250 for a column. We also pay on the 15th day of the publication month.
Labels: Dorny, magazines, organizing, risk, start-ups
Labels: contracts, editors, magazines, negotiation, newspapers, periodicals
The terms of our contract are final and non-negotiable. Journalists must sign and return our contract to us, unamended [emphasis theirs], before we release payment. We will not pay a writer who amends our contract in any way.Personally I find that sort of take it or leave it attitude to be unacceptable. The relationship between a writer and a client is business, not that of servile chattel to owner. And if that wasn't enough, a kill fee is for an article that the editors accept but that are "not published, though no fault of the writer." Guess WORTH doesn't always find it worth the time to uphold its end of a bargain. Smart writers will find another publication worth their attention.
Labels: guidelines, magazines, review, worth
Labels: blogs, magazines, markets, newspapers, research