Magazine Decline

Consolidation at Hearst

Hearst is combining the beauty, fashion and entertainment departments of five of its women's print magazines -- Cosmopolitan, Seventeen, Redbook, Woman's Day and Good Housekeeping -- in January, 2017.

It has not been reported what the staff reduction will be.

Part 2

Style Magazine is Dropping Print

Self Magazine is going all-in on digital. The woman’s publication says its February issue will be its last regular print production, with the exception of occasional special issues based on health and wellness topics.

Condé Nast’s Self, which also focuses on fitness, currently publishes on a monthly basis. "The magazine had a total paid and verified circulation of nearly 1.5 million for the six months ended June 30, 2016," according to MediaPost

Mixed Numbers

New York Times Has Good and Bad News

The good news is the the New York Times continues to build its digital business and the pace is quickening.

The bad news is in the third quarter the NYT was down 19 percent year-over-year. 

Can the growth of digital save arguably the most important newspaper in America?

According to Ken Doctor, NYT’s CEO Mark Thompson said the paper wants to grow from 1.6 million digital subscribers to 10 million in 2020. The past few months have seen a boon, but second quarter this year saw only 51,000 new subscribers.  

A GoLocal look at the numbers finds that if the NYT wants to hit 10 million in three years it would need to add 700,000 new subscribers per quarter.
 

WPRO

John DePetro Out Sick?

On Tuesday night John DePetro posted on social media the following message to explain his recent absence:

To all of my listeners:  Unfortunately, I have a health situation I am dealing with, which will keep me off the air for now. I will update you when I can.