Tuesday, January 20, 2009
Wednesday, December 10, 2008
With financial bailouts being handed out to mega-banking institutions and now Detroit automakers, it seems the publishing industry could be in need of the most governmental assistance. The troubled industry is suffering increasingly lower ad revenues and diminishing subscriptions, as more people are turning online to get information personalized and quicker. Print has had a difficult time transitioning to the Internet, and many claim that print is dying. But even in our difficult economy with media layoffs announced daily, new magazines are constantly being launched. So what’s in store for magazines and the Internet?
Richard Maggiotto believes he has the solution: Zinio.com, a website that allows digital subscriptions of major magazines to be e-mailed to readers every month. Zinio has partnered with more than 300 publishers of 1,200 magazine titles including Popular Mechanics, Men’s Health and ELLE. According to Zinio's website, the company currently delivers 20 million digital issues annually to a base of 3.5 million readers worldwide.
Maggiotto started Zinio in 2001 after working in the late 90's at America Online when Time Warner merged with the company. It was up to him to give Time Inc. a digital makeover, and shortly after leaving AOL, Maggiotto took that know-how and began to apply it on a large scale. However the initial reception was not very friendly.
“The response to Zinio was not as welcoming as I’d hoped,” Maggiotto said. “I was knocking on many doors. The early days were hard.” Zinio, he said, was treated by magazine publishers as Napster, the now-illegal mp3 downloading software. But really Zinio acts as a marketing agent no different from Barnes & Noble or iTunes. “Essentially the publisher only pays when they have a subscriber. Zinio becomes the U.S. Postal Service.”
But in the last two years, Zinio has seen a resurgence in popularity due to a heightened environmental concern and a desperate industry in the middle of a worldwide economic crisis.
“Publications have to change. In the U.S., 12 billion magazines are printed every year. Seventy percent of those issues are sent back to the publisher. The amount of cost, with printing and mailing—it’s so wasteful!”
“Now magazines recognize the value of it,” he said. “We’re not competing with them. We want publishers to do what they do best—produce incredible content. We’re building the distribution chain for that content.”
ELLE is one of the magazines available through Zinio, with subscriptions for digital issues at $12 actually more than ELLE’s current $10 subscription promotion. Cara Buese, digital marketing assistant for ELLE.com and ELLEgirl.com, believes online expansion is the only way to stay viable.
“The magazine industry has completely changed its business model since the advent of the Internet,” she said. “Traditional publishing gained revenue from printed advertising pages, subscriptions, and single copy sales. It is now mandatory for a magazine to have an online presence to sell additional advertising space and complement printed content. I believe the website is even more popular than printed magazines because it allows consumers easy access to content free of charge.”
Along with digital subscriptions, Buese said, magazine websites have become a crucial element of the reading experience.
“It is mandatory for magazines to have an online presence. They serve to enhance and complement the print publication. One goal of a magazine's website is to give incentive to consumers to purchase the print issue. Magazines must now print advertisements that promote its online counterpart. The industry has expanded, as there is a need to ensure there is no disconnect between online content and printed content.”
Buese said French ELLE was the first major fashion magazine to create a website, and competitors like Conde Nast soon followed with Style.com. These sites served as an online database that offers much more content than a reader could find in a single magazine issue. “ELLEgirl Magazine actually folded,” she said, “but continues to remain an active website. The costs of maintaining a website are much cheaper than printing magazines.”
Marie Yarbrough, marketing coordinator of Magazines.com, has seen the changes brought about online during her decade in the magazine industry.
“There is definitely a market for digital magazines,” she said of Zinio.com, “but I don’t think it will completely replace print. I think the answer for magazines is to provide consumers with as many options as possible to interact with their brands.”
Yarbrough admits many magazines were slow to establish an online presence but have come on strong in the last couple years. She points to People.com, SportsIllustrated.com, Fortune.com, Businessweek.com, Wired.com and Makezine.com as examples of good online magazine counterparts.
“Magazines need to realize their websites are a way to interact more frequently with their readers. If they don’t recognize this then their competitors will. Editors, writers, designers—everyone—has had to learn how to survive and thrive within the new medium, and now Web 2.0 is forcing magazines to be innovative in ways they never had to consider before.”
“To me, the core change seems to be readily available content online, and the decision of how much to make available, for free,” said Lucy Silberman, assistant managing editor for Interview Magazine. “Now magazines are having to not only reproduce current and archival printed material for the web, but to also create new and original (and constantly changing) content.”
Interview Magazine does not offer a digital subscription, and in fact, has even upgraded the quality paper each issue is printed on. Just this month, the magazine relaunched their website. Silberman finds the line between magazine and website to be complicated.
“The idea of free and readily-available content is tricky," she said. "Ideally, you want your website to act as a companion to, rather than replace, the original print publication. With our recently relaunched website we've been able to cover items that didn't make it into the magazine, including interviews, photos, and blogs. Many magazines choose to only offer a taste of the content online, and then direct people to purchase the physical magazine. But the magazine can also direct people to the website.”
CITY Magazine has published digital copies of each issue (“ezines”) for several years through Nxtbook Media, a digital magazine publisher recently named to the Inc. 500. These digitial issues initially cost $1.99 but are now free. These ezines provide the same page-flip format of a printed magazine but provide hyperlinks with certain key phrases and advertisements.
“Something like Zinio is part of the answer, the first step,” said Alexander Wolf, design director of CITY Magazine. “ It's a much more faithful representation of a magazine online than what you'd find online more than a few years ago.”
Wolf has also found in a reverse influence, that the Internet has affect the design of print magazines. “Many magazines take visual cues from the digital aesthetic which powers the Internet. Look at any issue of Wired or some of the big consumer magazines and they have tons of sidebars and news nuggets that are decidedly web-ish in their look and feel. Because people are engaging with web sites constantly, their eyes are trained in take in tremendous amounts of information.”
The Internet has “changed the game completely,” said Wolf. “Providing ‘news’ in a print magazine is pretty silly at this point, as you can not beat out the timeliness of a blog or web site. Magazines have to editorialize ‘news’ in an interesting fashion to prove relevant, and the final product on the newsstands is more like a book than it ever was in the past, as a keepsake publication.”
So, are Printed Magazines at the End of their Life?
While no one is denying the unquestionable power of the Internet, the lifespan of print magazines is still under dispute. Magazine aficionados and many of those working in the industry perish the thought of online-only magazines, but others believe it’s the only hope for a troubled industry.
“I’m not trying to say print is dead. Print will exist for a long time to come,” Maggiotto said. “But magazines need to reinvent themselves as brands rather than paper products. They aren’t proprietors of paper—magazines don’t own the printers they’re printed on. They own the content.”
Maggiotto points to new technology, like WiFi ubiquity and flexible reading screen displays such as Sony’s OLED, as tools to help magazines in the future. He said Zinio is working on a screen in 2009.
With 18,000 magazines in the United States alone, Maggiotto believes the tough economic climate will shake out a lot of titles. Buese agrees, citing the rising cost of printing magazines over website expenses.
“I believe we’ll see further web integration in the future,” Buese said. “However, I do not think the print industry will cease to exist, particularly for art, culture, and women's fashion magazines. There is a tactile experience in touching a glossy magazine with color photos that can’t be had by browsing online photos.”
“It's a tough time for print media,” Silberman said. “That said, there are still people who impatiently check the mailbox every day, waiting for their subscription to arrive. , I think many readers feel you lose something when magazines or newspapers are wholly digital. Personally, I tend to read print publications more closely; you might stumble upon content that you wouldn't have looked at if you were casually browsing online. Only time will tell whether or not print magazines are a dying breed.”
Thursday, December 4, 2008
Gaffin, who spoke to my class on Wednesday, say he started the project because he was tired of Boston mainstream media's lack of coverage on what he thought were interesting news stories. After a murder happened in his quiet town without any coverage from the Boston Globe, he decided he needed to create a sounding board to post this kind of pertinent news.
Universal Hub takes from hundreds of Boston bloggers and breaks down news by neighborhood or topic. Gaffin, who also edits a technology trade magazine, has a background with computer programming, so creating such a user-friendly blog was no problem for him. He encourages up-and-coming bloggers to target a niche and says advertisers will pay to reach that untapped audience. Though Universal Hub is only a sidejob for Gaffin, it's has come to play an important role in Boston journalism.
Put out by mega-publishers Conde Nast, Style.com is an interesting example of what magazines have done right and wrong in creating a website. By providing a supplement to their magazines, Conde Nast still leaves a purpose for their print publication, including articles and editorial spreads. But while there is a lot of multimedia exclusive to the site, there is very little in the way of the magazine's articles archived on the site. Unlike New York Magazine, who's website has a clear connection to the layout and content of its print counterpart, Vogue and Style.com feel very disconnected.
Moving online has changed the purpose of fashion magazines. Style.com has every picture of every article of clothing shown at every major fashion show for the season. Anyone from a New York City stylist to a 13-year-old in Missouri can now have access to the front rows of the runway--an impossibility 10 years ago. Though an advancement in technology, it also puts magazines in a compromising position. By giving their audience absolutely everything, fashion editors, once needed to view the clothes from the front row and make decisions for their audience, are now obsolete while any person with an Internet connection can make decisions for themselves. Now magazines have to serve their reader's whims instead of the top tier of editors speaking down to its audience.
Conde Nast has been accused of being behind the times, technologically speaking. According to Big Money, Conde Nast has been notoriously slow to equip their offices with new technology, and it's understood that CN owner, Si Newhouse, believes websites to be less prestigious than print publications. Whether Newhouse wants to face it or not, online is the future and it's time for Conde Nast to get in style.
Tuesday, December 2, 2008
Readers of Twitter mainly follow people, with posts much like Facebook's status updates, rather than news organizations. I find in many ways Twitter serves to validate meaningless minutiae about poster's everyday life: sometimes funny, occasionally candid, but mostly trivial. However, more news outlets are jumping on the 2-year-old technology as a way to reach more people, though not all of them are understanding Twitter's strengths and weaknesses. The BBC, for example, uses Twitter only as a promotional tool for publicizing any new article on their site. At this moment, it's news people, not news organizations, using Twitter the best.
Two such individuals are Andy Carvin and Jim Long. Carvin utilizes Twitter's strength of a way to report on minute-by-minute developments by "tweeting" through tech news conferences and political campaign events. As a new media reporter for National Public Radio, Twitter is just one of the many ways Carvin is working with online tools to reinvent journalism. Long, a cameraman for NBC's Washington Bureau, chronicles the details of shooting interesting news stories for TV. His account of the challenges and interesting places he's in puts TV news packages in a totally different light. Both Carvin and Long come from non-print news outlets, and perhaps its the limit of word count that has lended itself so well to these reporters.
The online persona Max Gladwell is not a person at all but rather a collective of posters concentrating on social media and green living. But with Twitter not allowing much room for a personal voice in one's writing, the tweets read as if from one person. MG highlights news articles with a phrase and a link and lets the reader come to their own conclusion.
What I like about these sites is they interact with their followed Twitters and readers. They link to sites and point out information they find relevant and interesting, offering at times concise analysis if any at all. But while Twitter may be perfect for covering events, I don't think it offers any new technology that a simple blog couldn't do. It's the community around Twitter that makes the site so appealing.
Monday, November 24, 2008
NewsTrust is working with Northeastern University in rating Global Economy stories. Tonight I rated three economic stories, beginning with reports of British Prime Minister Gordon Brown's potentially unpopular stimulus plan to kick-start the country's economy. The unpopular part comes with new taxation. Next I took a look at China during the economic crisis with a report on housing projects funding and an opinion piece on China's attempts to build confidence through proposed major spending. Both pieces had a mixed tone, seemingly acknowledging China's potential but also fearing the county's success.
It's easy to point out the lack of context in many of these articles, but it's important to remember that many of these stories serve only to report on that moment's news, not an analysis of a whole issue. Context and sourcing were my major issues when rating articles, but it's always easier to rate something than to do it yourself.
NewsTrust is a great idea in that it highlights well-written and researched reports for the public from a variety of sources , but it lacks a major component of all successful online tools: numbers. Popularity is so crucial for influential websites, and NewsTrust has a very small community of dedicated readers and raters. Instead of attracting journalists already in-the-know, average readers need to trust NewsTrust as their go-to news source.
Sunday, November 16, 2008
Dazed and Confused is calling all 18 year olds and under to contribute to their January issue. Along with a contest to remix the cover, shot by Hedi Slimane, teenage Brits will submit material to MySpace and other sites to show what it's like to be young in the UK today.
At right is one of Slimane's three cover photos available for photoshopping. While the use of the term "remix" seems somewhat passe, does it creep anyone else out how ready Hedi is to work with teens? When is the 40-year-old designer-turned-photographer not obsessing over teens?