Showing posts with label magazine woes. Show all posts
Showing posts with label magazine woes. Show all posts

03 January 2009

Of Buggywhips and Manifestos

Two recent posts in Samir Husni’s Mr. Magazine blog are informative, fascinating and unintentionally poignant.

The earlier (18 December, 2008) is an interview with Time magazine  Managing Editor Richard Stengel. It mostly discusses Time' s 2008 "Person of the Year" selection and issue. Near the conclusion, Stengel points out that this issue did very well on the newsstand and uses this as a metaphor for the viability of print. He states:

Our election commemorative issue was the largest newsstand seller since 9/11 and, you know, people want some historical object. I think that is one of the signs of health for print because people like things. And that will never go away. Our election commemorative issue was the largest newsstand seller since 9/11 and, you know, people want some historical object. I think that is one of the signs of health for print because people like things. And that will never go away.

 

This might be considered a case of not seeing the forest because of all the dead trees. But the magazine's power comes from its format of being a storehouse of information and ideas — and not its future status on "Antiques Roadshow." If the common garden-variety, or should we say house and garden variety, magazine survives because of its physical properties, rather than its emotional and intellectual properties, I'd suspect that all was not well.

The second and more recent Husni posting (1 January, 2009) is a deeply felt manifesto. He takes a number of conventional wisdom statements about the current climate for magazines and offers his own, cheerier responses. For example:

You continue to predict the death of print; I will continue to promote the endless innovations possible in print.

Warm, fuzzy and upbeat as his affirmations are, they hardly can be considered the basis for a business model.

After years of refining its approach to marketing, the magazine industry emerged in recent years with a glossy, stylish straitjacket. When the business environment changed, the industry couldn't or wouldn't alter its practices. New cataclysmic forces overran the magazine industry and did not spring from one source. The list is brief: wholesaler consolidation, the collapse of stamp and sweepstakes subscription programs such as Publishers Clearing House, and the World Wide Web’s accelerating growth. In other words, magazine industry saw an erosion of retail sales and distribution patterns, a body blow to subscriptions sales and a two-front (readership and advertising dollars) challenge from a ubiquitous new medium offering information and opinions for free.

And now the great recession. Any of the first three hits was a signal to rethink and change directions.

The recession? it deprives publishers of resources needed if, by some chance, they actually figured out a way to bring their enterprises into the 21st century. Which brings us to why samir Husni’s prescriptions are quaint.

 We are seeing a societal trend toward digital media. This trend is confused with the prevalence of the World Wide Web but actually is discrete. The Web role here is not so much as a way to experience content, but as a vehicle for distribution of content.

 The developing marketplace wants its media digital and mobile.. In music, this is seen in the move from CD-ROMs to MP3 players. In books it is seen in the move from paper to kindle and Ii-phone. In films the move is from DVDs to set top boxes. In magazines it is seen in the move from print to . . . well . . .nothing yet.

If we understand that the magazine does not have to exist in the form of print to be a magazine, the magazine industry will survive. Otherwise a warm place will be reserved for magazines right next to buggy whips on the “Antiques Roadshow”

 

03 October 2007

Cell Phone Novels

In Web mag 3:AM Roland Kelts tells about how the recording industry is trying to cope with the downloadable, digital sea change. Kelts, author of Japanamerica: How Japanese Pop Culture has Invaded the US, suggests the US publishing industry might be in worst shape than the music biz. US book publishers, he suggests, are in denial. He cites as contrast the Japanese embrace of “cell phone novels.”

Kelts writes,

“when I raised the topic of cell phone novel downloads as a promising new format for writers like me and publishers like mine in the U.S., a prominent and progressive editor from one of New York’s major international houses shook his head. “They’d just outsource the work [of producing the downloads] to someone in Chennai [India],” he said, referring to his superiors. “And it would just be a mess.”

He adds,

“When the concept of the electronic book (E-book) surfaces at the American Book Association conventions, or other major book fairs, Western publishers begin their moaning and dread. But in Japan, the success of downloadable cell phone novels is being celebrated by young editors, who are pursuing the format avidly.”

If it’s any consolation to our bibliopeers, the magazine industry has a louder chorus of digital deniers. The most forward of these talk about cross-platforms —marketing and content programs that encompass Web and print and mobile and whatever other media platform buzzword is floating around. Fine!

But this neatly ignores the evidence that the foundations of print magazine publishing —readership, advertising, circulation —are collapsing.

Indicators, Shmindicators

There’s a simple formula that always helps when writing a blog about magazines. Just start with the phrase, “Samir Husni writes, “ . . .” and then blithely go on to agree or disagree with quoted comment, while adding a riff of your own. What’s the point of being involved with magazines if you can’t be formulaic? So here goes.

In yesterday’s Bulldog Reporter’s Daily’ Dog, “Samir Husni writes,

“When sporting events see small crowds, you don't hear the managers bemoaning the death of a sport; when stocks prices fall, you don't hear CEOs complaining that money is no longer a viable product; but for some reason a drop in new magazine launches makes our industry think our days are numbered.

The numbers this year are lackluster at best, but there is no reason to think this is the first step down a slippery slope to the death of the magazine industry. Just as many other industries experience every few years, we are seeing nothing more than a market correction. I said a few years back that we would see something like this during 2007 and 2008 with a rebound to normal form in 2009.”

Okay. Professional sports are not going out of business and money is probably here for the long haul. BUT some sports do crash and burn when they can’t take root. And some sports franchises move to (they hope) greener pastures. When people with means find one marketplace isn’t working, they move their action into an entirely marketplace.

I’m not sure that the quantity of magazine launches is a reliable indicator of industry health. I suspect they certainly are a good barometer of both individual and zeitgeist passion, and perhaps a slight indicator of the prevalence of bipolar disorder. The quantity of new specials and annuals might deserve notice. These are forays by experienced publishers into established markets.

The article’s main thrust was to remind PR practitioners of the classic rule of pitching: Know thy audience. In this case, Samir Husni was advising publicists that mass email blasts are not as effective as targeting niche publications and niche specialty freelancers.

It got me to musing, possibly even thinking. One of my wonderments about the consumer magazine segment is how little it relies on marketing to consumers. Its major marketing efforts are directed at advertisers and retailers. We understand why, of course. But isn’t the magazine a consumer product? Aren’t quality, quantity and loyalty of readership the foundation on which advertising and single sales are based? Or am I missing something?

05 June 2007

Okay, I have a flair for the obvious. (Why else would I have felt at home in magazines?) So here’s my two cents.

The magazine industry’s current hell only starts with cultural tsunami stirred by the Web. Yes, there’s been a migration of eyeballs to the Web. Yes, there’s been a migration of advertising to the Web. And yes, yes, yes, the Web is becoming a favored source for information and ideas.

The deeper problem is the entrenched structures and conventional wisdom of the publishing industry.

For example,The overwhelming majority of marketing and financial decisions are based, in my opinion, on enticing advertisers and retailers. Not a sin, per se. But aren’t they forgetting something? Oh yes, the readership.I

I know firsthand that publishers like, respect, maybe even love their readers. They adore the reader’s passion, knowledge and commitment. But I think that ultimately publishers do not see readers as customers but as bait.