Sam Zell, CEO of Tribune Co., is reportedly considering buyout offers for daily title Newsday. In its earnings report, released last week, Tribune Co. posted a $78 million loss from continuing operations for the fourth quarter of 2007. The company reported income from continuing operations of $233 million the previous year. Operating revenues for the same period were down 12% this year, to $1.27 billion.
Recently launched online advertising alliance QuadrantOne, which is owned by Tribune Co., Gannett Co. Inc., Hearst Corp. and The New York Times Co., has announced a partnership with the Newspaper Consortium, a group of 26 newspaper companies. It now represents more than 250 newspapers and 25% of the daily newspapers in the US.
Meredith Corp. is launching a French-language edition of its More magazine in Canada. More will be licensed to Transcontinental Inc., a Canadian publishing and distribution company. Transcontinental signed a similar agreement with Meredith in 2007, when it launched an English-language version of More in Canada.
Hispanic news and information company ImpreMedia has hired Liz Sarachek Blacker as SVP of online sales. The newly created position puts Sarachek Blacker in charge of developing and executing sales programs for ImpreMedia's digital network.
The Audit Bureau of Circulations (ABC) board has given its initial approval to a set of rule changes for circulation audits of US newspapers. The rule changes, intended to simplify existing ABC rules, reduce audit costs and create more flexibility for publishers, should be formally approved at the board meeting in July. The first of these modifications will go into effect on April 1, 2009.
Audit rules approved by the Audit Bureau of Circulations board last week seem to mark a trend in circulation measurement: faster, more precise reports that bring print audits closer to the sort of metrics used by other media. The ABC's new rules were intended to simplify current audit rules and make audit reports more useful to advertisers and publishers.
David Ball, VP consumer marketing, Meredith Corporation March 24, 2008
It's a challenging time to be working in magazine circulation. There are a number of issues that are making it harder to increase profitability year over year: rising postal and paper costs, do-not-mail legislation on the state level, difficulty in recruiting bright young people into our discipline and, last but not least, the proliferation of information that is freely available on television and the Internet.
New List - Paisano Publications Motorcycle Database - Paisano Publications - Description: This file contains readers of Paisano Publications titles for Harley-Davidson riders, Easyriders, V-Twin, Biker and In The Wind. The file is 96% male; slightly more than half of readers are married and median household income of the file is $69,400.
New List - Diesel World - Statlistics - Description: This file contains Diesel World readers — mostly male, blue-collar workers willing to spend time and money on their vehicles. The magazine covers motorsports with an eye for technical innovations and advancements in related equipment and fuels. Subscribers are interested in extreme sports and racing.
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