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Posts Tagged ‘Newsweek’

Morning Media Newsfeed: Newsweek to Print Again | Daily Download Dead | Kennedy Joins FBN

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Newsweek Plans Return to Print (NYT)
Newsweek, the struggling weekly magazine that ceased print publication last year, plans to turn the presses back on. The magazine expects to begin a 64-page weekly edition in January or February, said Jim Impoco, Newsweek’s editor-in-chief. Impoco said in an interview that Newsweek would depend more heavily on subscribers than advertisers to pay its bills — and that readers would pay more than in the past. “It’s going to be a more subscription-based model, closer to what The Economist is compared to what Time magazine is,” Impoco said. CNNMoney The announcement is a remarkable twist in Newsweek’s evolution, coming less than a year after its previous owner, IAC, stopped printing the magazine. The brand was basically left for dead — but now the cover of IAC’s final edition, with the phrase “#LastPrintIssue” rendered as a Twitter hashtag, seems decidedly premature. TheWrap The magazine, which had published weekly since 1933, ran what was expected to be its last print issue on Dec. 31, 2012. Politico / Dylan Byers on Media Newsweek’s ride the past few years has been anything but easy. The Washington Post Company sold the magazine to Sidney Harman for $1 plus liabilities in 2010, upon which Harman joined forces with Tina Brown’s former online publication, The Daily Beast, which is owned by Barry Diller’s IAC/InterActiveCorp. Despite generating some controversy, Brown was never able to bring the magazine back to life. After the print edition folded at the end of 2012, top staff started heading for the exits. Adweek The move runs counter to prevailing print media trends. This week, weekly New York magazine announced it would cut back to a biweekly frequency; other weeklies have generally curtailed their publication schedules over the years amid shrinking print revenue and soaring paper and postage costs.

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Kickstarter Feeds Food Policy Blog Civil Eats

There’s a brand new addition to Kickstarter’s most funded Publishing campaigns page. At around 5:51 p.m. ET last Friday, Civil Eats – a website that keeps a critical eye on the American food system – squeaked by its $100,000 goal and wound up with just a few hundred dollars to spare.

CivilEats_NaomiPaula

But the important thing is that the site made its goal. In the five years that Civil Eats has been functioning, co-founders Naomi Starkman and Paula Crossfield (pictured, l to r) have never taken a salary or been able to pay contributors. But thanks to 1,153 backers, a lot of that is about to change:

Now that we’ve raised the initial money – it is after all, a Kickstarter, money to help us kick start our long-term goals – we will begin the process of bringing on a managing editor, create a pay structure to begin paying our writers and contributors, and developing and implementing a membership program to encourage individual support on the site.

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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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The First ‘New’ Newsweek is Out

Not too long ago, the idea of someone putting out a press release about Newsweek would have seemed foolish. Or at least, a press release that does not transition at some point to words like: “And so, it is with deep regret…”

NewsweekTeaseBut there it is. This morning, IBT Media’s proud declaration of what can be found by some 400,000 tablet subscribers in the first edition of its brand-name acquisition:

“We are extremely excited about the launch of this first issue,” said editor-in-chief Jim Impoco. “We’ve assembled an extraordinarily talented group of journalists who are committed to maintaining the quality and editorial integrity of the franchise and who will help lead Newsweek into its new era.”

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Karla Zabludovsky Departs NYT for Newsweek

After linking this afternoon on Twitter to Capital New York reporter Joe Pompeo‘s summary of the first round of staff hires at the “new” Newsweek, here’s how New York Times Mexico City-based reporter Karla Zabludovsky further framed it:

KarlaZabsTweet

Zabludovsky is the magazine’s new Latin America correspondent. According to Pompeo, she is just one of several impressive hires. Also enlisted to help revive the brand-name newsweekly are Alexander Nazaryan, coming over from The Atlantic Wire to cover culture and science, and two more:

Newsweek‘s new international editor, Capital has learned, is Nicholas Wapshott, a veteran British journalist who’s held top positions at The Times of London in addition to a role as a contributing columnist at Reuters.

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Newsweek Pakistan Cover is Creative

Newsweek Pakistan’s latest cover, for a piece on female suicide bombers, is sure to grab consumers’ attention.

Be sure to check out its follow-up, which features Hanes briefs for an article on male suicide bombers. We hear the magazine’s creative director is still deciding if the whitey tighties will be soiled or not.

IBT Media Does Not Tolerate Slobs or Midriffs

IBT Media logo GIf you have any intention of working for IBT Media, the owner of Newsweek, you had better be prepared to cover your dreamcatcher belly ring. Politico reports that not only are IBT Media staffers banned from saying anything negative about the company, they must also dress nicely and keep their stomachs covered.

Here’s an excerpt from IBT Media’s employee handbook:

Midriffs are to be covered. Denim jeans, sweat suits, low-rise pants, sneakers, sandals, flip-flops, halter tops, camisoles, baseball caps, sweat suits, T-shirts, tank tops, micro mini-skirts, shorts or anything else that is deemed unprofessional or excessively distracting are inappropriate business attire and should not be worn to work. Hair should be clean, combed and neatly trimmed or arranged.

The best part about this is that someone had to have come to work with their stomach hanging out in order for a policy like this to be implemented. Whoever you are, FishbowlNY salutes you.

Morning Media Newsfeed: IBT Muzzling Speech? | Emmy Ratings Soar | LinkedIn Sued


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Newsweek’s New Owner Accused of ‘Illegally Muzzling’ Employees (Adweek)
IBT Media’s purchase of Newsweek seems to be off to an inauspicious start. The Newspaper Guild has accused the digital publishing company of “illegally muzzling” its employees by “prohibiting its journalists and other employees from discussing their working conditions or criticizing their employer,” in violation of U.S. labor law. The guild, which represents editorial employees at Newsweek and its former online counterpart The Daily Beast, said it filed an unfair labor practice charge Sept. 18. Politico / Dylan Byers on Media According to “The International Business Times Employee Handbook,” a copy of which was obtained by Politico, employees are prohibited from speaking negatively about their employer — a rule that the New York Newspaper Guild calls a violation of U.S. labor law. Per the handbook, each IBT staff member “has the responsibility of encouraging favorable public opinion to benefit the organization… Anything that reflects negatively on IBTimes will affect public opinion of our business.” FishbowlNY “The law gives all employees the right to discuss their pay and other terms of employment with one another, even if it means being critical of their employers,” said the Newspaper Guild’s president, Bill O’Meara, in a statement. “It’s especially disturbing that the owner of a news organization doesn’t seem to understand that.” Capital New York O’Meara told Capital that the benefits packages being offered to the transitioning Newsweek employees would require them to pay 100 percent of the premium for health insurance. “We are constantly working on improving benefits while making sure we make financially sound decisions,” an IBT spokeswoman countered.

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New Newsweek Owner Won’t Let Staffers Talk About Newsweek [Update]

IBT Media logo GApparently the first rule of IBT Media — the new owner of Newsweek — is you don’t talk about IBT Media. For that policy, the company has drawn the attention of The Newspaper Guild of New York. The Guild has formerly accused IBT Media of not allowing its journalists to discuss their working conditions or criticizing the company, which is a violation of the National Labor Relations Act.

“The law gives all employees the right to discuss their pay and other terms of employment with one another, even if it means being critical of their employers,” said the Guild’s president, Bill O’Meara, in a statement. “It’s especially disturbing that the owner of a news organization doesn’t seem to understand that.”

Yes, yes it is. The National Labor Relations Board will now investigate the Guild’s claims. If the NLRB considers the case worthwhile, it’ll file a complaint. If a settlement isn’t reached, there would be a hearing by an administrative law judge.

Update (8:09 pm):
IBT Media issued the following statement:

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TIME Appoints First Female Managing Editor

By sheer coincidence, the once iconic newsstand combo of TIME and Newsweek have both this month anointed new senior editorial staff.

Last week, IBT Media announced that Jim Impoco was being handed the reins of Newsweek. Today, Time Inc. EIC Martha Nelson made it official by sharing the news that Nancy Gibbs has been promoted to replace the departed Rick Stengel as managing editor:

I cannot think of a more perfect person than Nancy to lead TIME. She has done an outstanding job running TIME since July, when I asked Rick to assist me with corporate matters related to our upcoming spin off. Her cover stories in the past weeks on Syria, collegiate sports and child-free couples have been huge successes with readers and in the media, and, in the same period, she launched TIME’s Martin Luther King Jr. anniversary special issue in tandem with a new documentary film unit, Red Border Films, that is expanding the way TIME tells stories through video online…

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