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  • Gerrit Eicker 08:16 on 13. November 2010 Permalink
    Tags: , , , , , IAC, , , , , , , , , , , , , , ,   

    The Daily Beast + Newsweek 

    Merger of The Daily Beast and Newsweek: combined newsrooms and ad sales, independent brands? http://eicker.at/NewsweekBeast

    • Gerrit Eicker 08:27 on 13. November 2010 Permalink | Reply

      Newsweek: “Newsweek magazine and The Daily Beast, an operating company of IAC, announced today they have agreed to merge their operations in a joint venture to be owned equally by Sidney Harman and IAC. – The new entity will be called The Newsweek Daily Beast Company. The directors of the joint venture will include Dr. Harman as Executive Chairman, IAC Chairman Barry Diller, and one director each to be appointed from either side. … ‘I see Newsweek and the Beast as a marriage between Newsweek’s journalistic depth and the vibrant versatility The Daily Beast has realized on the web,’ said Ms. Brown. ‘The metabolism of The Daily Beast will help power the resurgence of Newsweek and Newsweek amplifies the range of talent and audience The Daily Beast can reach. The two entities together offer writers, photographers and marketers a powerful dual platform.‘ … ‘Consumers and advertisers value media distributed across multiple platforms,’ said Mr. Colvin. ‘The merger of The Daily Beast and Newsweek audiences creates a powerful global media property for the digital age.‘”

      Brown, TDB: “Some weddings take longer to plan than others. The union of The Daily Beast and Newsweek magazine finally took place with a coffee-mug toast between all parties Tuesday evening, in a conference room atop Beast headquarters, the IAC building on Manhattan’s West 18th Street. The final details were only hammered out last night. – What does this exciting new media marriage mean? It means that The Daily Beast’s animal high spirits will now be teamed with a legendary, weekly print magazine in a joint venture, named The Newsweek Daily Beast Company, owned equally by Barry Diller’s IAC and Sidney Harman, owner (and savior) of Newsweek. … It takes two inspired entrepreneurs like Barry Diller and Sidney Harman to undertake such a challenging media experiment. … Both of us look forward to joining with Sidney Harman, who made his fortune and reputation as founder of Harman International, the worldwide audio manufacturer, and has a mind that’s alive with a cultural curiosity that’s exactly what you need to succeed in the publishing world. I very much admire his passion to restore Newsweek to its glory days, and with a bit of luck and a lot of hard work, we will. Join us for the journey!”

      Guardian: “Merger talks reportedly broke down in late October because Sidney Harman, who bought Newsweek in August for $1, balked at terms that denied him the power to dismiss Brown while giving the British editor freedom to report to an independent board.”

      NYT: “The arrangement is in many ways a win-win for both sides, with Mr. Harman getting a respected editor who will generate buzz around a magazine that many in the publishing world had left for dead, and Ms. Brown gaining an editing job back in a well-known publication. – It also gives Mr. Diller, a member of the board of The Washington Post Company, the longtime former owner of Newsweek, a print magazine. That has the potential for far more revenue than The Daily Beast, a digital news and aggregation enterprise that has been neither fish nor fowl.”

      NYT: “People who have spoken with and consulted Mr. Diller on the Newsweek talks said that over the course of the discussions with Sidney Harman, the magazine’s new owner, Mr. Diller became increasingly enamored with the idea of idea of coupling his two-year-old start-up with one of the most established brands in print journalism. … The merger is likely to come with other forms of consolidation. One of the main reasons the merger appealed to Mr. Diller and Mr. Harman was that combining the newsrooms and business sides would allow them to reduce staffing. When asked about possible job cuts on Friday, Ms. Brown said, ‘We’re going to have to look at the whole business model, the whole editorial model, and we’ll have to make our assessments.‘”

      AdAge: “It remains to be seen how the marriage works once the honeymoon is over. Back when the deal seemed dead, Ms. Brown seemed to think that walking away was the best idea. The ‘complexities’ of Newsweek’s ‘infrastructure, legacy and our desire to stay nimble ultimately made this not the right decision at this time,’ she said then in an email to The New York Times.”

      pC: “One of the big questions as the two media outfits come together is whether they can both rein in costs or whether this will compound their respective cash flow problems. At the time of Harman’s purchase of Newsweek barely two months ago, the magazine was expected to lose another $20 million by the end of the year. Meanwhile, Daily Beast, which just celebrated its second anniversary in October, will lose about $10 million, according to the WSJ.”

      TC: “Combining the two news brands would be a disaster. Just look at what each publication stands for. Newsweek is a storied publication whose tag line is, ‘What Matters Most.’ The Daily Beast’s, meanwhile, is. ‘Read This Skip That.’ … The plan seems to be to combine the newsrooms and the ad sales, but keep the properties independent. The magazine will be a place for longer narratives and investigative pieces. The web will be for breaking news. … IAC confirms the two sites will likely be combined under the Daily Beast. – Comscore estimates that the Daily Beast is pulling in 2.9 million unique visitors a month, while Newsweek.com is attracting 5.4 million. But those are two very different audiences looking for different things.”

  • Gerrit Eicker 08:50 on 11. September 2010 Permalink
    Tags: , , , , , , , , , , IAC, , , , , , , , , , , , , , , , , , , , ,   

    Feed Readers are Dying 

    Dedicated feed readers are dying. Year over year: Google Reader -27%, Bloglines -71% (shuts down!); http://j.mp/aevf3k

    • Gerrit Eicker 09:04 on 11. September 2010 Permalink | Reply

      pC: “People no longer seem to be abandoning certain readers for others – or for other ways to access those same feeds. Instead, they appear to be abandoning RSS readers as a way to read the news altogether. Hitwise, for instance, tells us that visits to Google Reader are down 27 percent year-over-year, while visits to Bloglines are down 71 percent year-over-year. comScore figures show that traffic to Bloglines has largely stagnated. … Google did not respond to our request for comment, but its recent moves with Google Reader seem to indicate that it too believes that it needs to be more than a straight RSS reader to be successful.”

      pC: “IAC is shutting down Bloglines, the RSS reader it purchased five years ago. IAC bought Bloglines when the site as its peak; at the time, then-SVP Jim Lanzone called it ‘one of the most useful and addictive services on the entire Web.’ Since then, however, Bloglines has lost much of its popularity, partly due to neglect and also to a movement to alternate news-reading experiences, like social networking sites.”

    • Martin Seibert 11:06 on 11. September 2010 Permalink | Reply

      Ich stele selbst fest, Dassler Ich mimer seltener in meinem RSS Reader schaue. Trotzdem ist er zum Beispiel auf dem iPad immer noch auf dem Dock. RSS mag nicht wichtiger werden, ist es aber insgesamt definitiv weiterhin.

      • Martin Seibert 11:07 on 11. September 2010 Permalink | Reply

        Na super. iPad auf englich eingestellt. Alles verschlimmbessert.

      • Gerrit Eicker 11:38 on 11. September 2010 Permalink | Reply

        Ich denke auch, dass RSS (als standardisiertes Normformat für Nachrichten und ähnliches) sicherlich schon heute wichtig ist und tendenziell eher wichtiger wird. Bei Feedreadern bin ich davon ausgegangen, dass sie eine stetig wachsende Verbreitung erfahren werden. Offenbar, das sagen zumindest obige Zahlen, scheinen sie in der Breite aber eher abgelöst zu werden. – Persönlich ist der Feedreader für mich eines der wichtigsten Tools, etwa neben Aufgaben- und eMail-Client angesiedelt. Einen Ersatz durch Social Media-Tools halte ich vorläufig für ausgeschlossen.

    • Paul Herwarth von Bittenfeld 13:18 on 12. September 2010 Permalink | Reply

      Ich nutze RSS-Feeds auch weiterhin sehr intensiv. Vor allem dort, wo ich mich zu bestimmten Themen intensiver informieren möchte. Dort reicht es mir nicht, im Stream zwischen allen möglichen Dingen auch einmal über einen brauchbaren Post zu diesen Themen zu stoßen. Für den gezielten Abruf von Informationen zu konkreten Themenbereichen ist der Feedreader für mich die Nummer 1 und ersetzt/ergänzt die Lektüre von Fachbüchern.

      • Gerrit Eicker 22:44 on 12. September 2010 Permalink | Reply

        Geht mir genauso. Streams wecken bei mir immer das Gefühl völliger Beliebigkeit: fehlende Kategorisierungen, Tags, Filter. “Kurz mal eintauchen und schnell wieder weg…” Zum (un)systematischen Aufrechterhalten graduell abgestufter Beziehungen allerdings unschlagbar!

    • Martin Seibert 19:12 on 12. September 2010 Permalink | Reply

      Ich habe einen neuen Aspekt zu RSS-Feeds, die für viele vermutlich eine eindeutige Schwäche darstellen. RSS-Feeds haben keinen Relevanz-Filter. Sie helfen mir nicht dabei herauszufinden, was mich wohl interessieren wird und was ich zwar abonniert habe, aber eigentlich nie ansehe. Hier sollte Google Reader mal eine Art-Ham-Filter wie jüngst bei GMail mit der Priority Inbox einführen.

      Ich habe sehr viele Feeds, die ich aus Monitoring-Zwecken abonniert habe, aber eigentlich nie ansehe, weil mir der Inhalt durch die tägliche Web-Nutzung bereits gewahr ist. Hier wäre ein Ansatzpunkt für mehr Nutzen.

    • Martin Seibert 00:16 on 13. September 2010 Permalink | Reply

      Auf dem iPhone und iPad nutze ich Applikationen, die ich cool finde und die mit Google Reader syncen.

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