Playboy outsources most business operations to American Media
Playboy Enterprises has announced that they have signed on a deal with American Media.
The company is now outsourcing most of the business operations of operating their magazine to this company.
The aim is to cut the costs of production to return back to profitability.
Playboy would [...]
BusinessWeek to be acquired by Bloomberg
Bloomberg has won the bid to acquire BusinessWeek.
Bloomberg and BusinessWeek have not revealed the financial aspects of this acquisition deal.
They are expecting the deal to close by December this year.
Daniel L. Doctoroff, president of Bloomberg spoke about this acquisition deal: “The BusinessWeek acquisition will yield huge benefits for [...]
The Economist goes paid for online access
The Economist is the latest online magazine that is going paid.
The Economist team has alerted the readers that the content would be accessible only through a paid subscription starting October 13.
Wall Street Journal is the most popular online magazine that has paid only access to its online [...]
Analyst: Time Warner could sell magazine division
Gordon Crawford is the managing director of The Capital Group which is currently the largest stakeholder in Time Warner.
He has suggested that Time Warner could sell their magazine division which publishes popular titles like Time, People and Sports Illustrated.
Crawford said: “Time Warner just spun off their cable [...]
BusinessWeek might be next to be sold
BusinessWeek is a popular news media magazine.
However, it is struggling to generate enough revenues for the parent company McGraw-Hill.
McGraw-Hill has revealed that they are now exploring strategic options for BusinessWeek.
This could potentially result in the sale of this property.
BusinessWeek however is not alone. Almost every [...]
Bombay Dost relaunched
Bombay Dost is considered to be the only Indian magazine aimed at the gay readers.
The magazine has been re-launched after a period of seven years.
Publication of this magazine was halted several years ago due to lack of revenues and advertising.
Things are changing in India despite all the negativity related to gay [...]
Portfolio Magazine being shut down
Magazine publisher Condé Nast has announced that they are closing down the operations of the Portfolio magazine.
Portfolio is their business and lifestyle magazine.
Even the website of the magazine is not being spared as the company struggles to generate revenues from sales of advertisements.
The company said that the May issue [...]
PC Magazine latest to go digital only
PC Magazine has announced that they are going to become a digital only magazine next year.
The media company has decided to end their print edition.
Ziff Davis Media would be printing the last print issue of the magazine in January next year.
The company is going to remove seven positions [...]
Conde Nast slimming down portfolio
Conde Nast has become the latest media company to announce some changes as the industry is struggling with falling advertising revenues.
The company has announced that they are now scaling back its plans for business magazine Portfolio.
They are also cutting company budgets 5 percent.
They are now going to publish Portfolio 10 times [...]
India lightens requirements for international news magazines to launch cheap local editions
International media companies would now be able to launch cheaper localized editions in the Indian market.
The Indian government has now made it possible for them to publish local editions with local news content and advertising.
Till now they were only allowed to bring in their [...]
