Media - Print

Newspapers’advertising volume drops 60 per cent in the first week of November, says a Business Standard report. If AdEX data on advertising volume between 1st and 7th November is any indication, print media advertising (in column cms) has fallen by a dramatic 60 per cent from its peak during the Diwali week. The daily reported: [ Link] LV Krishnan, CEO of TAM Media that owns the advertising...

Time Inc, the largest magazine publisher in the US, announced Tuesday plans to shutter its four-year old Cottage Living magazine and its accompanying website, CottageLiving.com. The November/December issue will be the magazine’s last. Time officials said the magazine will be incorporated into another of its shelter magazines, although no details were immediately available. “Since its inception...

Dublin-based Independent News & Media (INM) will cut jobs at its London-based Independent newspaper and Sunday sister title in a bid to slash costs as a global downturn hits advertising revenue, Reuters reported on Tuesday. "It is anticipated that the final number of redundancies will number around 90, of which a sizeable number will be voluntary, and the total savings will be in excess of 10...

The New York Times Co is closing its quarterly sports magazine, Play, to cut costs and focus on other Sunday insert magazines such as its weekly travel publication, T, in a falling ad market. The New York Times reported: [ Link] Mark Bryant, the editor of Play since its inception, said he was told last week that the issue published last month would be the final one, “and I started letting the...

Media giant EW Scripps Co is laying off around 400 employees at its newspapers. The company has not yet elaborated on where jobs would be cut, but the Knoxville News Sentinel has announced that about 50 jobs, including 13 in the newsroom, would be cut at properties of the KNS Media Group subsidiary of Cincinnati-based Scripps. The move affects about 10 per cent of the KNS work force, according to...

In days of meltdowns and dipping circulations, this does not happen all that regularly anymore. But on Wednesday, newspaper circulation soared. To the extent that many sold out all copies, others went in for extra copies. The November 5 editions proclaiming Barack Obama's White House victory disappeared off the stands faster than anyone ever thought. The largest daily in the US, USA Today, boosted...

The struggling US News & World Report is getting out of print and will gradually shift operations to the Web, according to reports. While it will publish one print edition each month, according to staffers briefed on the decision, these will be entirely devoted to consumer guides—such as its annual rankings of colleges and hospitals—and contain no other news, the Washington Post reported. Some...

Gannett Company, the largest newspaper chain in the US, is slashing about 3,000 jobs and the 100-year-old Christian Science Monitor is ending its print edition, the latest cost-cutting moves in a beleaguered US newspaper industry. Last week, the Los Angeles Times announced its decision to lay off 10 per cent of its news staff, while the Star-Ledger newspaper in New Jersey said about 40 per cent of...

Circulation figures of daily newspapers in the US have dropped again. The country's Audit Bureau of Circulations (ABC), citing preliminary figures, said on Monday that the circulation for 507 daily newspapers fell 4.64 per cent in the six months ending September to 38.16 million copies from 40.02 million in the same period last year. The Associated Press gave some figures about specific newspapers...

French President Nikolas Sarkozy's comments about the state of the print media in the country has drawn criticism from journalists. The European Federation of Journalists (EFJ), the European group of the International Federation of Journalists (IFJ), says it is worried about some proposals made by Sarkozy as he launched a national discussion on print media. After the launch of the "Etats généraux...