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Press Mentions

  • Ad Age/Nat Ives: It's Back: 25 MORE Media People You Should Follow on Twitter
    25 media types worth following on Twitter.
  • Ad Age: Why So Many Media Companies Stumble Globally
    The few news brands that have succeeded, to greater or lesser degrees, arguably include CNN, Bloomberg, People, Thomson Reuters, The Wall Street Journal, The New York Times, The Financial Times and The Economist. Other contenders are the Associated Press, the BBC, ABC, NBC, maybe CBS, National Public Radio, News Corp. and the top U.K. dailies, said Ken Doctor, the newspaper veteran who's now an analyst at Outsell. "If a news-media organization sees itself as covering the wider world, sees it as its foundation, that in and of itself differentiates it from all the local media -- newspapers, TV, radio -- out there," he said. "If, in addition, it has substantial reporting and editing resources, then it can play. The tough part is the part we're in: Who wins the race to ubiquity and can make it pay off?"
  • NYT: If The Globe Were Sold, What Price?
    “The best guesstimate of the real price: a buck. The best of an announced price: between $50 and $100 million,” he wrote in an e-mail message. The devil will be in the details of the obligations that a buyer would assume, he said, adding that “a buck essentially represents a gentleman’s agreement: I take a liability, headache and a distraction off your hands.” He said that the Times Company could hang on to some pension liabilities or other obligations in exchange for a higher purchase price, a number that would give the appearance that it was getting something for the more than $1 billion it paid 16 years ago. He added that no bank would be interested in financing a deal given how other deals have blown up, so “the owner’s own money is immediately at risk.”
  • Economist: It isn’t just newspapers: much of the established news industry is being blown away. Yet news is thriving
    Ken Doctor of Outsell, a research firm, reckons that the Kindle appeals to baby-boomers who would otherwise read a paper magazine or newspaper. The young prefer their iPhones and their aggregators. Indeed, the top four magazines on Kindle, according to Amazon’s website, are the New Yorker, Newsweek, Time and Reader’s Digest. Not much of a youth market there.
  • Forbes: San Diego News Shoot-Out
    "The Union-Tribune is cratering. That opens a hole in the market and the opportunity for some unconventional business models."
  • BizTimes.com: Journal Sentinel faces daunting choices
    “There’s no strategy – this is panic. What we’re likely to see this year (around the country) and what we’ll see in Milwaukee too is (publishers asking) how much they need to cut back and how much they can do to still hold their place in the market. For publishers, it’s about ‘How do we stay alive and stay profitable until we can get to some sort of breathing period?’ (Economic) recovery will not bring back their old business, but it will give them some breathing room.”
  • AP: Threat to shut Boston Globe shows no paper is saf
    The threat to close the paper "sends a very clear message to all employees and unions of surviving newspapers — that this is not business as usual. This is uncharted territory....Newspapers all "have a sword over their heads," said Doctor. If the industry wants to survive, he said, "everyone has to give some blood."
  • Guardian: Seattle mourns the last day of its venerable Post Intelligencer
    "There's a lot less reporting happening, on a national scale. For the 1,500 or so daily newspapers, it's just a matter of getting smaller and smaller."
  • Seattle Times: Seattle's oldest newspaper goes to press for the final time
    "They're bringing the full force of their national relationships and content to bear on Seattle. They [Hearst] could sustain this experiment indefinitely. If it makes a million or loses a million, that's nothing to a company like Hearst."
  • AP: Hearst hopes Web-only Seattle P-I will turn profit
    "It [online-only PI] definitely can make money. They have a head start in terms of the brand and (Web) traffic. They have to run like hell to create a new identity."

What's On My Netvibes

  • Steve Goldstein
    Fellow KR alumnus Steve Goldstein understands the research/info needs of end-use enterprise customers, and he's built a company that is helping satisfy them.
  • Peter Krasilovsky
    Centered on e-commerce of all kinds from Yellow Pages through classifieds and new ad models.
  • Mark Potts
    Mark Potts is an experienced journalist, observer of Internet journalism and an alumnus of the Backfence experiment.
  • John Blossom
    Thoughtful views on a wide-ranging mix of media change.
  • Jay Rosen
    Jay Rosen is a provocateur in the best sense, an NYU journalism professor deeply committed to keeping the press accountable and vibrant in the digital age.
  • David Meerman Scott
    David Scott understands web marketing of digital content. Check out his site and his new book, "Cashing In With Content"
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June 11, 2008

LAT Madness is Brand Suicide

I'd like to read the Los Angeles Times manual on "how to deal with difficult situations." Though it's never been made public, it's clear it's been infiltrated by those disseminating disinformation. The result: no matter what seems to happen at the Times in the last several years -- old Tribune and new Zell-led Tribune -- we all get to witness some blow-out spectacle, the kind of spectacle such manuals are supposed to keep behind closed doors.

This week, of course, after Randy Michaels' newly announced Halfsies (50/50 edit/ad split) Strategy, the Times re-takes the spotlight. Word leaks out that the Los Angeles Times Magazine, one of the few remaining Sunday magazines, has been seized in a coup by the Times' business side. Its editors and writers are out  -- maybe there's a Planet Runway-like Journalist Elimination reality show David Hiller can sell to his new Hollywood friends (check out this good LA Observed piece on Hiller "being star-struck by the glamour of his adopted hometown"). Former InStyle and L.A. Style Editor Annie Gilbar will apparently head the new mag.

The decision to launch (re-launch) a new advertiser-friendly magazine in and of itself is no shocker, Lat_magazine_jpg
and not a bad idea. The New York Times and the Boston Globe are just two of numerous well-regarded papers to plumb design, home, fashion and more, going after high-end and luxury dollars. Such magazines can be run by editorial departments; they can be run by advertising departments. The key is to clearly and prominently tell your readers who is producing the section. Readers aren't dummies; they take in the content for what it is.

But at the Times, of course, the situation had to blow up, handled in an unbelievably clumsy way. You'd think that the paper's recent historic memory over the secret Staples Center "sponsorship" and revenue sharing of and with a "special section" -- which cost the jobs of then-editor Michael Parks and then-publisher Kathryn Downing  -- should have been instructive, even if it did happen a year before Tribune bought the Times.

But, no, the Times managed to make the elimination of the L.A. Times Magazine (which had become monthly) and its replacement with an ad product another debacle. Why not close the L.A. Times Magazine, sending it to an eternal rest that most of its brethren have found in the last couple of decades. Then, have your business side launch all the high-demo magazines you want. It seems so simple.

Maybe, it's that Publisher David Hiller indeed wants to keep the name of the magazine intact, playing sleight of hand with readers. Maybe he's not sure yet. But he's managed to leave new (installed in February) editor Russ Stanton dangling in the wind, pleading that the name not being, shall we say, re-purposed. You could place bets on Stanton's half-life before this controversy, as the Times has managed an unprecedented turnover in its publisher and top editor ranks (well-chronicled here by Joe Strupp). Odds on Stanton's tenure shifted this week.

Why do things keep blowing up at the Times? My sense is that the place has two uneasy cultures, cultures that have always been uneasy with each other, but ones that are now colliding. 

On the editorial side, the Times newsroom leadership is famous for its institutional haughtiness and resistance to change, despite the changing needs of readers and changing demands of the web age. (Here, we understand Randy Michaels' point as his stats show LAT newsroom story productivity being 4-6X less than that of other Tribune papers.)

On the business side, we first saw Chicago-based and Chicago-bound Tribune execs unable to find a successful way to move the Times into the 21st century, resulting in one trainwreck after another. Now, with the hot breath of a $12 bill debt bogeyman bearing down, the new Zell-led Tribune is going to have less patience with resistance to change and less concern about the niceties of editorial and ad walls.

But this isn't just about our voyeuristic watchings of Times' misfortunes. This is about the increasingly rapid destroying of the Times' brand. Yes, you can poke all kinds of fun at its stodginess, but recall that we are talking about a paper that once proudly ranked in the top 10 nationwide, deploying reporters around the globe and the country, sending back great journalism.

Staples, musical chairs in the exec ranks, alchemizing editorial gold into advertising silver -- all these are noticed by readers. They scream Old Media, forgettable, dying old media, and media that just can't be known (even as it was loved or hated) for the Good Housekeeping brand value it used to have. Such brand value shouldn't matter just to journalists; ad sellers will tell you that well-known newspaper brands still fetch above-average ad rates.

Unfortunately, the Times brand is not the only one at stake. As the economic pressures mount at newspapers, the pressures to thin the line between editorial and ads is being felt in many newspaper buildings. (I'm not one that thinks Philly's recent Derrie-Air ad satire is a big issue; it's an ad.) I do recall my early days at Knight Ridder New Media (later Knight Ridder Digital), when the ad people started selling the editorial-looking "Ask the Expert," presenting self-serving realtor, plumber, insurance salesman content. We protested, but were told the web is different.

Yes, many things about the web -- and print newspapers going forward -- are different. But one thing's not -- telling readers whether what they are reading is being presented with, or without, fear or favor.

MORE RECENT TRIBUNE COVERAGE The Newest Barbarians, Bearing Spreadsheets, here. What's Wrong with Tribune's Math, here

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What's happening at the LA Times is indeed depressing. But to dismiss it as "once a Top 10 paper"? Please. There are only about four papers left in the U.S. that are worth a damn, and the LAT, even after all its troubles, is still one of them (along with the NYT, WP and WSJ). After that group, it's a precipitous dropoff. Who's even close in terms of journalistic reach, depth and influence? The Tribune? The Globe? Sadly, like 95% of all papers in the country, they have largely abandoned their ambitions and lowered their standards. Let's hope the LAT and the rest of the big four can hang onto theirs.

What is remarkable is how quickly the collapse of a brand can happen. As you point out, the LAT was once listed in the top 10 of American newspapers with stables of reporters dispatched everywhere. But they are all being (quietly) recalled, and I know LAT reporters who left rather than go back to this mess. I remember the Philadelphia Bulletin, which also was listed in the top 10 newspapers, only to slide within barely five years into collapse and extermination. The Balto. Sun also held top ranks, and look at this horrible rag they put out now. Ditto the Miami Herald, once the voice of Central America with knowledgeable correspondents in all the places of Central and South America, and now struggling to keep a foothold in Dade County. On topic with the LAT magazine is what the Herald did to Tropic. Once you degrade the brand, the slide begins. Thanks to the Internet, readers know about all this much quicker and so respond quicker. So my prediction is this presages a speedy decline for the LAT.

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