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Monday Aug 27, 2007
Will Martha Stewart Target Boomer Women?
Earlier this month WWD reported that Martha Stewart Living Omnimedia's Chief Creative Officer Gael Towey was in the early stages of producing a test issue for a magazine aimed at older women. When asked about the plan by Jennifer Tuesday of Hamptons.com, Martha Stewart gave a ''sly little smile,'' and ''didn't deny the project.'' WWD's scoop mentioned that the test issue might be positioned to compete against a luxe mag, like Hearst's Town and Country. The other possibility mentioned was a scenario in which MSLO might go after the circulation growth -- and upside potential -- of Meredith Corp.'s More. Nat Ives of Ad Age observes: ''So if Ms. Stewart's savvy, overachieving company decides it can tap this business -- boomers were 78.2 million strong in 2005, according to the U.S. Census Bureau, and some estimates peg their spending at up to $2 trillion -- it's safe to assume we may be in for some new topography on the media landscape. Not that the going is steady or easy. For a long time, it was pretty much stalled. Ad revenue in MSLO's publishing segment increased 23 percent in the second quarter of 2007. Email This Post |
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