Thursday, December 10, 2009

Editor & Publisher -- could it be saved by a blog?


After Editor & Publisher, announced today that they are ceasing publication, and journalists everywhere filled the Twitter airwaves with comments.
Some saw the demise of the 125-year-old magazine, which has served as the chronicle and Bible of the newspaper industry. Some Tweeters lamented the demise as the end of the era, others thought that it should live on in web form. Others wondered what would happen to their directories, which gave market information and contacts at daily and weekly news publications around the country.
The staffers were told they would stay on until the end of the month, then given severance. All elements of E&P are ceasing publication.
The Twitter response is encouraging to some.
Staffer Joe Strupp says he may start a blog to fill the gap, as he feels the industry is really losing something if they lose E&P. Despite circulation declines, daily newspapers are still a $38 billion industry in the U.S.
Here's the story:
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=100405
In full disclosure, my husband is a former editor of E&P when it was owned by the Brown family -- which then sold to VNU. That company was bought up by private equity firms, and renamed as Nielsen. It's Nielsen that's closing the doors.
The Nielsen Co. announced Thursday it was closing Editor and Publisher, a magazine which has chronicled the news industry for over a century, and selling several other brands to a newly formed company.
Kirkus Reviews, a book review publication founded in 1933, is also being shuttered.
Nielsen said eight brands, including the Hollywood Reporter and Billboard, were being sold to e5 Global Media LLC, a new company formed by Pluribus Capital Management and Guggenheim Partners. Other brands included in the sale by Nielsen Business Media are Adweek, Brandweek, Mediaweek, The Clio Awards, Back Stage and Film Journal International.

No comments: