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Posts Tagged ‘Bloomberg BusinessWeek’

Newsweek Relaunch is Also Sweet Music for Slovakia’s Piano Media

PianoMediaLogoIn the summer of 2011, Bloomberg Businessweek‘s Felix Gillette wrote about a bold new digital experiment in Slovakia. For just over four dollars a month, consumers were being encouraged to subscribe to a national Internet paywall grouping together the publications of nine different media organizations.

The company behind that technology was Piano Media and today, Gillette notes that they’ve come a long way. The $149.99-$39.99 price-points relaunch of Newsweek marks the Slovakian company’s first foray into the U.S. market and in fact their first digital client of any kind outside Europe:

The timing of Piano Media’s stateside arrival makes a certain kind of sense. As we noted last year, 2014 is shaping up to be the Year of the Paywall for a range of U.S. news publishers hoping to replace rapidly declining ad dollars with a bump in digital subscription revenue. It was only a matter of time before Piano Media’s experimental approach to paywalls, tested in the relatively calm waters of the Slovakian news media, would entice a U.S. publisher looking for a novel way to survive the roiling hell-broth that is the modern magazine market.

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Morning Media Newsfeed: CNN Lays Off 40 | Yglesias Departs Slate | Businessweek Cuts Back?

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CNN Lays Off More Than 40 Journalists (The Financial Times)
CNN has laid off more than 40 senior journalists in its newsgathering operation — including a pregnant producer who was two weeks away from giving birth to twins — as part of a reorganization of the business under Jeff Zucker. The lay-offs at CNN and HLN, its sister network, were concentrated in Washington, Atlanta and Los Angeles at the end of 2013. Poynter / MediaWire The cuts “coincide with changes to the network’s programming,” Matthew Garrahan reports in the Financial Times. Zucker “has hired new presenters and diversified CNN’s output, adding documentary and reality series to its traditional live news coverage.” TVNewser At the time of the layoffs — which number in the dozens — a source told TVNewser there would be no reduction in headcount in the cities most affected. Our source says changes in Los Angeles are related to a planned expansion of the entertainment unit. In recent weeks CNN has churned out entertainment-focused specials, including an hour on Amy Poehler and Tina Fey, and has increased awards season red carpet specials. The Guardian / Greenslade Blog CNN recently hit a 20-year low in prime time ratings in the U.S., attracting an average of just 78,000 viewers across the whole day and 98,000 in prime time. Politico / Dylan Byers on Media Zucker recently announced plans to dedicate more of CNN’s air time to documentaries and unscripted reality series like Anthony Bourdain’s Parts Unknown.

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Cumulus Positioning NASH FM as National Country Radio-Lifestyle Flagship

NASHFMLogoIf there were a couple of country and western songs in the rotation about battling 2013-14 winter blizzards and the #polarvortex, chances are the following numbers would be even more impressive. But as it stands, Bloomberg Businessweek staff writer Felix Gillette frames the radio stats as solid:

In December 2013, according to Nielsen (NLSN), 94.7 Nash FM reached 988,000 cumulative listeners, making it the 19th most popular station in the New York region. That’s still well behind such New York mainstays as No. 1 ranked 106.7 Lite FM, (5.3 million listeners), No. 7 ranked Hot 97.1 FM (2.5 million), and 15th-ranked WFAN-FM sports radio (1.7 million).

According to Gillette’s piece, the performance of NASH FM is on track to exceed Cumulus’ initial break-even expectations and become profitable sometime later this year. The 94.7 FM station is also the flagship for a growing national network of re-branded Cumulus stations in Detroit, New Orleans and elsewhere. Recently, the company sponsored a “Nash Holiday Bash” at the Beacon Theatre and has an ongoing lineup of local concert events.

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Hugo Lindgren Segues to The Hollywood Reporter

HugoLindgrenTwitterProfilePicVia Twitter and internal memo this morning (PT), Janice Min has shared some more, major first-work-week-of-January news. Hugo Lindgren, formerly with the New York Times Magazine, is headed west at the end of the month to oversee The Hollywood Reporter:

Dear Staff:

In case you missed the meeting this morning, I wanted to introduce you to our newest addition here, Hugo Lindgren. I am thrilled to tell you that Hugo is joining The Hollywood Reporter as acting editor while a team including executive editor Matthew Belloni, creative director Shanti Marlar and photo and video director Jennifer Laski get going working on Billboard with me. Hugo will be serving in my stead day-to-day (with me always available and in the loop… perhaps just not ticking off every caption) for the next three months.

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Businessweek Wins Cover of The Year Poll

bw-twitter-cover

Congratulations are in order for the staffers at Bloomberg Businessweek. The magazine’s Henry Luce/Twitter bird cover has won FishbowlNY’s 2013 Cover of The Year poll. Businessweek won fairly easily, receiving 43 percent of the votes. Boston magazine’s impressive dedication to the Boson Marathon bombing victims was the runner-up, with 23 percent. The Atlantic — last year’s winner — finished third.

It’s not much of a surprise that Businessweek won. The magazine’s creative team, led by Richard Turley, continually cranks out remarkable work. The winning cover, illustrated by David Parkins, is truly worth honoring.

Thanks to everyone who voted and once again, congrats to Businessweek. Your prize is in the mail. Maybe.

Bloomberg Businessweek on the Franchising of Politico

CapitalProLogoFor major U.S. media markets such as Chicago and Los Angeles, there’s a lot riding on the Allbritton Communications purchase and re-branding of Capital New York. Per a feature article by Bloomberg Businessweek staff writer Felix Gillette, success here could pave the way for circa-2015 sites like Capital Chicago and Capital Los Angeles:

If the experiment succeeds, the Politico colonization will spread to other cities. “Essentially, this is the first experiment of taking Politico and exporting it somewhere else,” says [Politico/Capital New York CEO Jim] VandeHei.

Gillette shares some interesting numbers. Politico’s monthly Web traffic is, as one would expect, currently much more substantial than Capital New York’s (five million to 184,000). The more capitally important stats are those of Politico Pro, the subscriber service launched two years ago by Allbritton in D.C.

That’s where Capital New York is headed after the site’s Pro services free-trial period ends January 31. According to Gillette, around 80 full-time staffers deliver Politico Pro content and event streams to a base of 1,300 subscribing D.C. companies.

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Samantha Bee Pays a Visit to the New York Times

Why haven’t other media outlets picked up on the incredible October 22 Bloomberg Businessweek story about some shady, profitable Wall Street maneuvers involving NYC equity firm Blackstone and Spanish gambling outfit Codere? That’s what Jon Stewart and Samantha Bee wanted to know last night on The Daily Show.

And so, Michael Moore/Roger and Me-style, Bee marched over first to the New York Times, where she spoke with reporter Gretchen Morgenson. Together, they engaged in a hilarious ten-second test. Ultimately though, the story fell victim to being “just another day on Wall Street.”

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Businessweek Does it Again

If we worked at Twitter, we’d have the latest Bloomberg Businessweek framed. How amazing is this? It’s one of the best Businessweek covers we’ve ever seen, and certainly in the running for FishbowlNY’s Cover of The Year.

Thanks to everyone at Businessweek, but especially Richard Turley, Businessweek’s creative director, and David Parkins, who created the illustration. This cover is why we’ll never quit magazines.

Cover Battle: Businessweek or Mental Floss

Welcome back to another FishbowlNY Cover Battle, where we ask you, “When was the last time you called your mother?” Or maybe we just ask you to pick which magazine cover you like best.

This week we have Bloomberg Businessweek taking on Mental Floss. For its latest cover, Businessweek featured an illustration of the Grim Reaper/Death, who — if we had to guess — appears to be have ended up that way because of a nasty smoking habit.

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Businessweek Partners with Netflix for Henry Paulson Documentary

It has been five years since Wall Street suffered its melt down, and Businessweek wants to celebrate. In an interesting way, of course. The magazine has partnered with Netflix to produce Hank: Five Years From the Brink, a documentary about former Treasury Secretary Henry Paulson.

The film features Paulson explaining how and why he tried to get banks and the government to approve the bailouts, even though he didn’t completely agree with the move. Hank — produced and directed by Joe Berlinger — marks Businessweek’s first foray into film, and the debut product from Bloomberg Businessweek Films, a new division of the magazine.

“We’re honored to have Hank seen on such an innovative platform as Netflix, and incredibly fortunate to have been able to partner with the great Joe Berlinger on this documentary,” said Josh Tyrangiel, editor of Businessweek, in a statement.

Accompanying Hank is this week’s Businessweek, which will be entirely dedicated to the fifth anniversary of the financial collapse.

Hank debuts next Monday, September 16, on Netflix.

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