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Posts Tagged ‘IBT Media’

Newsweek Hunts for Publisher

Newsweek is searching for a publisher after a deal with someone (who is not being named!) fell through. Etienne Uzac, CEO of the magazine’s parent — IBT Media — told WWD that they hope to have someone filling the role before summer.

“What we’re looking for is indeed a publisher in the traditional sense of the term, whether we call it a publisher or a head of sales,” Uzac explained. “Essentially, it’s someone who can head up digital sales among other things.”

Uzac added that the publisher would refine Newsweek’s mobile products, hire new editorial and marketing staffers, and find and then expand new sources of revenue.

Newsweek’s publisher will not, we assume, be asked to help with fact checking. Though that might not be a bad idea.

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Newsweek Returns with a Thud [Updated]

IBT Media’s Zombie Newsweek debuted only yesterday, and already there’s a problem. A big one. Newsweek’s cover story claimed that Dorian Satoshi Nakamoto, a 65 year old engineer, created Bitcoin. The media freaked out, with some proclaiming the piece “brilliant journalism.” The problem? Nakamoto has denied any involvement with the digital currency.

In a two hour interview with the AP, Nakamoto denied having any involvement in Bitcoin, and the only reason he had ever heard of it was because a Newsweek reporter contacted his son three weeks ago. Nakamoto also said that during during a brief interview at his home, the Newsweek reporter —  Leah McGrath Goodman — misunderstood him (English isn’t Nakamoto’s first language).

Goodman claimed Nakamoto said ”I am no longer involved in that [Bitcoin] and I cannot discuss it.” However, Nakamoto insisted he meant he was no longer involved in engineering, and was referring to security protocol as it pertained to his former work with a defense contractor.

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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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The New Newsweek is Here

Here’s the first cover of zombie Newsweek, back from the dead to terrorize all who doubt the power of print.

IBT Media plans to print only 70,000 copies, so maybe the new version will work out better. We don’t think it will, but as fans of magazines, we’d be happy to be proven wrong.

Peter Goodman Named Editor of International Business Times

Peter Goodman has been named the new editor-in-chief of The International Business Times. Goodman joins the site from The Huffington Post, where he most recently served as executive business editor.

Goodman previously served as The New York Times’ national economics correspondent. Prior to that he spent 10 years at The Washington Post.

“International Business Times is committed to the dual principles of truly global coverage in a digitally-native environment, delivering our readers the most relevant and timely business news,” said Johnathan Davis, co-founder and chief content officer of IBT’s parent, IBT Media. “Throughout his career, Peter has demonstrated deep understanding of both these realms, and we welcome his leadership in this new role.”

“I couldn’t be more excited by the challenge of leading the newsroom to the next level,” added Goodman.

Goodman begins at IBT later this month.

Morning Media Newsfeed: Oscar Ratings Soar | Gould Leaves NBC News | WaPo Branches to NYC

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Oscars Rise to 43 Million Viewers, Most-Watched in 10 Years (THR / The Live Feed)
ABC’s annual airing of the Oscar telecast dominated Sunday night. Final ratings for the Ellen DeGeneres-hosted show have the Academy Awards more than 2.5 million viewers ahead of last year, even in the key demographic. All told, ABC’s coverage of the Academy Awards averaged 43 million viewers and a 12.9 rating among adults 18-49. That’s a 6 percent boost in viewers and a virtual tie with last year’s adults-under-50 score. DeGeneres brought lifts among younger viewers and men — with ratings among adults 18-34 and men both at their highest since 2007. Variety DeGeneres also helped pushed the Oscars to new heights on Twitter on Sunday night: The total U.S. audience on the social platform was nearly one-third the TV draw, with a 75 percent jump in tweets related to the show over last year. About 13.9 million people saw a total of 1.04 billion tweets about the Oscars, according to Nielsen’s SocialGuide. LostRemote The ceremony also led to more than 25.4 million interactions (status updates, comments and likes) by some 11.1 million Facebook users, and the top social moment was the crowning of 12 Years A Slave as best picture. TVNewser ABC’s related programming also received a boost. Oscars Red Carpet Live, hosted by Good Morning America anchors Robin Roberts and Lara Spencer, was up compared to last year for all three half-hour segments of the show. The final half-hour pulled in 27.6 million viewers. Deadline Hollywood Coming on right after the big show for a ninth year in a row, Jimmy Kimmel Live: After The Oscars was up 22 percent in total viewers and 20 percent in the key demo over last year, good for its best ever post-Oscars performance. With past Oscar winner Kevin Spacey among his guests, Kimmel was watched by 6.993 million viewers overall, with 2.423 million in the demo.

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Newsweek Staffers Participating in Reddit AMA

The staffers at Newsweek want to hear from you, so they’re going to participate in a Reddit Ask Me Anything tomorrow.

As you know, IBT Media plans to relaunch the print version of Newsweek, which means there will be plenty to talk about. Especially with the news that the magazine’s debut has been pushed back until March.

We’ve already provided you with a list of questions you shouldn’t ask Newsweek staffers (“You know we still have Time, right?”), so please continue to heed that advice. There’s no need to hurt anyone’s feelings. Though if you could ask if they’re going to call it Zombie Newsweek we’d appreciate it.

What Not to Say About Newsweek Returning to Print

For some strange reason, IBT Media, which purchased Newsweek in August, is bringing the print version back. The New York Times reported that Newsweek will be a weekly publication dependent on subscribers — who’ll pay more than in the past — to stay afloat. Jim Impoco, editor of Newsweek, told the Times that the revamped magazine will be  ”a premium product, a boutique product.”

If you’re in the media, there’s a chance you might end up talking about this with someone who works at IBT Media. Because FishbowlNY cares, we’ve provided some examples of things not to say during these conversations. Enjoy.

What Not to Say to an IBT Media Staffer About Newsweek Returning to Print

  • “I hear they’re canceling the Internet next year anyway.”
  • “Congrats on being wasted at work!”
  • “Calling Newsweek a ‘premium product’ is like saying that my stained boxer briefs are ‘vintage.’ A fancy label will only make people more disgusted when they finally see them.”

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IBT Media Exec Died ‘Doing What He Loved to Do’

TomStreinertThrelkeldPicAvid bicyclist Tom Steinert-Threlkeld did not suffer and, as his wife Kayte also wrote Monday on Facebook, died “doing what he loved to do.” Still, New York’s media community is in mourning today over the sudden loss of the recently hired editorial director of IBT Media’s B2B publishing division.

The driver of one of two vehicles involved in the Sunday October 20 road accident in Bethel, CT fled the scene and is at press time still being sought. A memorial service for Steinert-Threlkeld will be held this Saturday at 11 a.m. at Cobb’s Mill Inn in Weston. From today’s obituary:

He was a lifelong journalist involved in investigating and explaining how technology is used to achieve business goals…

He conceived and founded Baseline magazine, which specifically examined how businesses achieved or failed to achieve their objectives, through the use of information systems, in 2001. Within four years, he and his team made it as finalists for General Excellence in the National Magazine Awards presented by the American Society of Magazine Editors.

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Jim Impoco on the Good Old Days of Time Inc. Expense Accounts

JimImpocoLinkedInDigiday staff reporter Josh Sternberg has a zippy Q&A with Newsweek editor-in-chief Jim Impoco.

We were particularly taken by Impoco’s answer to the question, “Can print magazines ever get back to where they were in their heyday?” and the way he colorfully elaborated on the obvious answer. There’s no town car waiting outside anymore, Impoco notes, and the days of three-martini math are also long gone:

“It’ll never be as quite as lush as it was at 4 Times Square in the ‘90s… I was at Time Inc when I was criticized for not using my expense account as aggressively as I needed to because I was pulling down the average. That won’t happen anymore.”

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