November 28, 2001   

 
Crunch Times
Economy
 


NBC Gets Portion of Book Sales under Amazon.com Deal
After a "Today" host interviews an author, a promo tells viewers where to find the book link on Amazon.com's site. NBC doesn't disclose that it gets 10 percent of the sales, says J. Max Robins. NewsLab's Deborah Potter tells him: "An author interview juxtaposed with a commercial selling the book can make the audience wonder if there's someone else in the newsroom -- an advertiser -- making editorial decisions, especially if the network is making money from it."

Andersen: Blame Risk-averse Corporate Mag Culture for Print's Decline
Kurt Andersen on what magazines should do to recover: "Behave more like Martha Stewart Living and Maxim, I guess -- take chances and put passionate, damn-the-torpedoes visionary geniuses in charge who are obsessed with giving readers what they want."

Report: Conrad Black to Back Lipsky and Stoll's New York Sun
The New York Observer reports a group of "nine or 10" investors including newspaper shopaholic Conrad Black intends to spend up to $15 million to launch the New York Sun, a conservative daily to be edited by former Forward editor in chief Seth Lipsky and SmarterTimes.com founder Ira Stoll.
> Colford: Black's wife said to have strong interest in NYC cultural scene

Talk Looks for New Investors as Hearst Reevaluates Mag Relationship
At a company meeting, Talk Media president Ron Galotti and editor Tina Brown told their staff that Hearst is "reevaluating its relationship" with the magazine and that they've been chatting with new money people. > Earlier: Hearst looking to unload its 50 percent stake in Talk mag

Personal Finance Mags See Ad, Newsstand Sales Declines
The Sept. 11 attacks on the symbols of American finance only deepened the recession among personal finance magazines.

Consultant claims online users will shrug at a penny per page
Digital Deliverance's Vin Crosbie says online publishers should explore the micro-payment model. "If you make the price so low to be imperceptible -- 1 cent per page -- they'll pay," he claims.

"What's Good for Bottom Line May Not Be Good for Society," Columnist Says
The FCC may revoke a 1974 rule banning cross ownership of newspapers and television stations in the same city, but deregulation could lead to an erosion of diversity, writes Robert Scheer. "Most often media mergers are examined for their impact on corporate profits and stock values, and rarely as a possible threat to free access to diverse points of view, a requirement for a representative democracy," he writes.

CanWest Global to Move Call Center Operations in Winnipeg
Circulation and telemarketing calls for six major Western newspapers -- including The Vancouver Sun and Edmonton Journal -- will be consolidated into one call center in Winnipeg. Eighty-six call center jobs will be affected in Vancouver and 22 in Victoria. The city of Winnipeg and Manitoba government have provided incentives for CanWest to move, banking on CanWest's prediction that the center will eventually bring up to 1,500 jobs.

Newsprint Costs: Why So High?
Felicity Barringer, media reporter for The New York Times, writes about the simmering battle between newsprint producers and newspaper executives.

Are Guild Members Safe from Layoffs?
Frank Lewis of the Philadelphia City Paper writes: "There seems to be widespread consensus that the Guild contract makes laying off Guild members almost impossible. The company would have to open the books, and that’s the last thing it wants to do when trying to downsize during a period in which profits remain relatively high. Or so the story goes. But management sources have said privately that this is not the case."





 
 
   
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