Archive for March, 2018

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Entertainment Weekly: Proving Weekly Magazine Brands Can Stand Strong On All Platforms & Print Covers Are Still A Force To Be Reckoned With – The Mr. Magazine™ Interview with Henry Goldblatt, Editor In Chief & Tim Leong, Executive Editor, Entertainment Weekly…

March 29, 2018

“I don’t just consider myself editor in chief of a weekly magazine, but of an entire content organization. I became editor in chief a little over three years ago, and I remember when I was growing up, I felt that Entertainment Weekly set the agenda for that particular week’s conversation, like this is what we need to be psyched about in entertainment. So, I really tried to move that thought process into the 21st century. And I really want to give readers something on the cover of this magazine and inside the magazine that they can’t get on the Internet, that they can’t find on anyone’s social media feed, because of what our access allows.” Henry Goldblatt…

“In trying to make it spunky and something that fans would appreciate, and doing something in print that we can’t do online or in any other version of the brand, that and doing 15 covers and a big 40-page package inside, it really set it apart from digital content and made the print version special.” Tim Leong (on the landmark 15 commemorative Avengers covers EW did and 40-page inside Marvel package)…

For 28 years, Entertainment Weekly has been the go-to source for entertainment media news, reviews, and in depth articles about Hollywood behind-the-scenes, and for those fans who want a more inclusive and exclusive look at their favorite movies and TV shows.

Fandom is vitally important to the brand, such as the recent issue of Entertainment Weekly; it is one for the books. To honor Avengers: Infinity War, the latest and nineteenth film in the Marvel Cinematic Universe, EW published 15 commemorative covers featuring 22 superheroes and one bad guy. This is a big first for EW as it’s the most covers dedicated to an issue in the brand’s 28-year history and largely unprecedented in media.

To get the scoop on this fascinating landmark issue, I recently spoke to Henry Goldblatt, editor in chief and Tim Leong, newly promoted executive editor, about the amazing 15 covers and the equally amazing 40-page, exhaustive love letter to fans of the Marvel Cinematic Universe that Tim conceived. It was a lively, fun and informational conversation, much like the EW brand itself.

We also talked about the recent pack-up and move to the West Coast the brand undertook and the new Meredith ownership that has everyone excited about the future, laying to rest any of those rumored fears about Meredith selling EW and dampening bright horizons.

So, I hope that you enjoy this Mr. Magazine™ interview with a weekly brand that is strong on all of its many platforms, with two gentlemen at the helm who believe in its continued success fully and are always looking forward to the next week and the next issue, Henry Goldblatt, editor in chief, and Tim Leong, executive editor, Entertainment Weekly.

But first the sound-bites:

On Entertainment Weekly’s new ownership, new location, and all of the changes that are happening (Henry Goldblatt): I’m really excited because we’re a 28-year-old brand and it really feels like a startup. We were really able to reinvent ourselves with this move. And it was as simple as me putting together a business plan with the thought being that if we were starting this brand from scratch today, we would start it in L.A. And of course, when this brand was started back in the day it was started in New York City, because that’s where all publishing was and technology wasn’t good enough to put out a magazine across country when all of the hub was in New York. And that’s obviously changed.

On the role of print in a digital age (Henry Goldblatt): That’s a really good question. I don’t just consider myself editor in chief of a weekly magazine, but of an entire content organization. I became editor in chief a little over three years ago, and I remember when I was growing up, I felt that Entertainment Weekly set the agenda for that particular week’s conversation, like this is what we need to be psyched about in entertainment. So, I really tried to move that thought process into the 21st century. And I really want to give readers something on the cover of this magazine and inside the magazine that they can’t get on the Internet, that they can’t find on anyone’s social media feed, because of what our access allows.

On the role of Entertainment Weekly’s cover today (Henry Goldblatt): My job is to set the entertainment agenda and conversation each week, and luckily I’ve done a lot of stunts in order to do this. The 15 Avengers covers are the perfect example of this. If I had just published one Avengers cover, people would have thought that was nice, whatever, but it really takes effective stunts like the Dawson’s Creek reunion or an Avengers 15 covers stunt in order to grab readers’ attention in a crowded media landscape. And I think we’re doing a pretty good job of it.

On how Executive Editor Tim Leong conceived the 15 Avengers covers and his 40-page love letter to Marvel Cinematic Universe fans (Tim Leong): The process started almost a year ago. It began when we were trying to figure out how we would put all of these people on a cover, there are 20-something characters in this movie, so we were trying to figure out the logistics of even doing it. In trying to make it spunky and something that fans would appreciate, and doing something in print that we can’t do online or in any other version of the brand, that and doing 15 covers and a big 40-page package inside, it really set it apart from digital content and made the print version special.

On the execution of those 15 covers and whether the art director and design team were in shock (Tim Leong): The idea sounds a little crazy, right? It’s a little complicated, because I was the creative director at the time, when we first started the process. But by the time it published, I was no longer the creative director, so some of the wheels are already in motion, in terms of the planning and production of it, but the design of it all goes to Keir Novesky, our design director, who did that cover.

But it was a long back and forth. It started with a sketch that we did in-house and it’s pretty crazy, the final cover looks close to the original sketch, for sure. We definitely moved a lot of characters around and swapped some in and out, but it all started with a sketch.

On the secret to keeping their audience clicking and ticking and captivated (Tim Leong): We just did this great fandom study and the real heart of it shows that the fans really want to engage on multiple platforms, not only in print, but online and other avenues as well, social and live events. I think what Henry has done a great job at is directing this brand in a way that it is truly multiplatform. And I think part of that is having a consistent tone and voice across all of our platforms, making sure that we go to the places that our readers want to go, and bringing EW to all of the platforms where our readers live. And the study definitely backs that up.

On whether they’re making print more interactive (Henry Goldblatt): Yes. I mean, print is always going to be more of a lean-back experience, but I want to make sure that with this Avengers cover or with Dawson’s Creek or the Oscars, our entire staff sends out what we call a “rollout” for every issue. There’s a social point around every issue, there’s what articles are we publishing on ew.com; is there is a social campaign around that issue, is there a People TV special that we’re doing, what’s our video strategy? So, we’re asking ourselves all of those questions. If the issue covers the event in the tent pole, then we’re asking those questions around all of the ancillary things that come out of it.

On whether there is any time to do actual editing with all of the duties and responsibilities that today’s editor has (Henry Goldblatt): That’s a really good question. And I am going to give you a very honest answer. With the move to L.A., as I said, it does feel more like a startup. I’m doing a little more actual editing than I have been recently, but you’re absolutely right, a title of editor in chief can be a misnomer sometimes, because I may be working on a thousand things that have nothing to do with editing.

On Tim Leong being promoted from creative director to executive editor and is he happy using both talents (Tim Leong): The job goal is very similar, just the execution is different. Before you’re dreaming up how we’re going to treat this story from a design perspective, and now it’s how are we going to treat this story from an editorial perspective. And it’s still a ton of fun. I’m hugely excited about this opportunity and I’m eternally grateful to Henry for even considering me for this type of role. I find it to be incredibly fun and part of it is we have a wonderful stable of writers to work with. And they’re incredibly creative and that’s been one of the nicer joys of it.

On any truth to the rumors that Meredith might sell Entertainment Weekly (Henry Goldblatt): We read the same reports that you did. I was really heartened to hear the announcement a couple of weeks ago that Bruce Gersh was taking over as president of People and Entertainment Weekly and EVP of the company. He’s a great supporter of the brand and I don’t think they would have made such a fanfare announcement around that and put Entertainment Weekly in its purview just to sell us. I feel very confident about our future and I’m psyched to be a part of the Meredith family.

On anything either would like to add (Henry Goldblatt): I think the one thing that I’ve really tried to do at Entertainment Weekly is make sure that each of the print covers that are an event can feed our traffic, and the events themselves, can feed our traffic and our video streams and the rest of the brand in a very organic and cohesive way.

On what someone would find him doing if they showed up unexpectedly one evening at his home (Henry Goldblatt): I’m on the floor playing with my dog and watching TV, most likely Scandal.

On what someone would find him doing if they showed up unexpectedly one evening at his home (Tim Leong): If you came right this second, you’d see a mountain of boxes being unloaded. (Laughs) But I think one of the nice things about moving to the West Coast is an amplified family life. And you’d probably find me at home playing with my baby.

On what he would have tattooed upon his brain that would be there forever and no one could ever forget about him (Henry Goldblatt): This is going to make me sound like a company man, but when I took over Entertainment Weekly three years ago, the motto that I’ve used and would want everyone to engrave and tattoo on their foreheads is: Smart, Funny, First, those are the three qualities that every piece of Entertainment Weekly content should embody. A good piece embodies two of those qualities and a great piece embodies all three. I’ve been imparting this on the staff for years now and I would be a hypocrite if I didn’t tattoo it on my own forehead.

On what he would have tattooed upon his brain that would be there forever and no one could ever forget about him (Tim Leong): I’ve heard a lot of people say this, but I think it’s just so true and it’s what we really try to embody to the staff is work hard and be nice to people.

On what keeps him up at night (Henry Goldblatt): To be perfectly honest, what keeps me up at night is I’ve asked 25 to 30 people to uproot their lives and move to L.A. and have faith in me and in this brand, and I just want to come through for them and I don’t want to disappoint them.

On what keeps him up at night (Tim Leong): This job is a big responsibility and yes, we’re talking about entertainment, but even though it’s entertainment, it’s something that we take very seriously. And it’s something that I definitely want to be sure we do well, and I’m just trying to think about ways we can do it better. And even better for the future.

And now the lightly edited transcript of the Mr. Magazine™ interview with Henry Goldblatt, editor in chief, & Tim Leong, executive editor, Entertainment Weekly.

Samir Husni: Before we talk about Entertainment Weekly going to “Infinity War and Beyond,” Entertainment Weekly is going to the West Coast and beyond. What’s the status with Entertainment Weekly now, with the new ownership, the new location, with everything that’s taking place?

Henry Goldblatt: I’m really excited because we’re a 28-year-old brand and it really feels like a startup. We were really able to reinvent ourselves with this move. And it was as simple as me putting together a business plan with the thought being that if we were starting this brand from scratch today, we would start it in L.A. And of course, when this brand was started back in the day it was started in New York City, because that’s where all publishing was and technology wasn’t good enough to put out a magazine across country when all of the hub was in New York. And that’s obviously changed.

So, it’s really exciting to be in the backyard of the people and the projects that we cover and I think that it’s going to result in better access for us and more entertaining and better content for our readers.

Samir Husni: There is a lot of talk that in this day and age that there’s no room for print weeklies, and things are changing and moving so fast. Yet, last week I interviewed the chief revenue officer at Us Weekly and she said that they’re still doing two million copies. What do you think is the role of print in this digital age?

Henry Goldblatt: That’s a really good question. I don’t just consider myself editor in chief of a weekly magazine, but of an entire content organization. I became editor in chief a little over three years ago, and I remember when I was growing up, I felt that Entertainment Weekly set the agenda for that particular week’s conversation, like this is what we need to be psyched about in entertainment. So, I really tried to move that thought process into the 21st century. And I really want to give readers something on the cover of this magazine and inside the magazine that they can’t get on the Internet, that they can’t find on anyone’s social media feed, because of what our access allows.

We’re very lucky that movie studios and TV networks still vie to be on the cover of this magazine and that they realize it sells movie tickets and moves ratings for their TV shows. And so, we’re able to use that leverage in order to get some really wonderful, exclusive content.

Our next cover is going to be a reunion to celebrate the 20th anniversary of Dawson’s Creek. The cast has never been back together before, and this is something that we’ve been negotiating for months and months and months. And we’re super-excited about it and we think it’s going to do very well for us. When the cast was coming together, they would never do this for a random website, they wanted the prestige of Entertainment Weekly and we have a history with this show and being very good to them, so they were very excited about coming back together.

So, they will be on the cover of the magazine, there will be a special reunion TV show on People TV, and we have all sorts of videos and quizzes and all sorts of ancillary products and content that goes along with it that we’re super-excited about. Again, it’s the cover of this magazine that drew them to us and propels the best of the brand.

Samir Husni: I was in France once with Matt Bean when Matt was the editor and he mentioned then the fact that he never received a phone call from any celebrity to be on the website, they all wanted to be on the cover of the magazine. What do you believe is the role of the cover of Entertainment Weekly today?

Henry Goldblatt: I have to tip my hat to Matt, that’s a very good point. I’ve never received a call like that either. (Laughs) My job is to set the entertainment agenda and conversation each week, and luckily I’ve done a lot of stunts in order to do this. The 15 Avengers covers are the perfect example of this. If I had just published one Avengers cover, people would have thought that was nice, whatever, but it really takes effective stunts like the Dawson’s Creek reunion or an Avengers 15 covers stunt in order to grab readers’ attention in a crowded media landscape. And I think we’re doing a pretty good job of it.

Samir Husni: Tim, since you were behind the 40-page love letter to the fans of the Marvel Cinematic Universe, tell me how did you take the ideas and conceive those 15 covers?

Tim Leong: The process started almost a year ago. It began when we were trying to figure out how we would put all of these people on a cover, there are 20-something characters in this movie, so we were trying to figure out the logistics of even doing it.

One thing that really inspired the creation of this cover was comic book trading cards that I collected when I was a youth. When you collected them all and put them in the right order, sometimes they would make this 3×3 collecting card montage image. And I thought that was a really cool inspiration and loved it and wanted to try and replicate that. I hadn’t really seen it in magazines at this scale, certainly not one that included 15 covers. I always like a good challenge and trying to outdo ourselves every single time, so that was the inspiration. But it took that long, as we had to negotiate and produce this whole thing.

And to Henry’s point, in trying to make it spunky and something that fans would appreciate, and doing something in print that we can’t do online or in any other version of the brand, that and doing 15 covers and a big 40-page package inside, it really set it apart from digital content and made the print version special.

Henry Goldblatt: We sell all of the art issues in a back issue store, ew.com/backissue, and this one, so far, we’ve sold over 10,000 Avengers issues from the back issue store because people are collecting them all, which has been pretty awesome. And it’s important to note that EW is primarily a subscriber brand.

Samir Husni: Tell me a little about the execution of those 15 covers. How do you work with your art director, with the cover design? When Tim said let’s do this stunt cover, 15 covers, did the art director freak out, the design team? Did they say this is a weekly, what do you mean 15 covers? (Laughs)

Tim Leong: (Laughs too) The idea sounds a little crazy, right? It’s a little complicated, because I was the creative director at the time, when we first started the process. But by the time it published, I was no longer the creative director, so some of the wheels are already in motion, in terms of the planning and production of it, but the design of it all goes to Keir Novesky, our design director, who did that cover.

But it was a long back and forth. It started with a sketch that we did in-house and it’s pretty crazy, the final cover looks close to the original sketch, for sure. We definitely moved a lot of characters around and swapped some in and out, but it all started with a sketch.

It’s really interesting too, talking about these fans who have gone crazy for them. This happens quite a bit with some of our other covers, but there’s such fan passion for these characters and these franchises that a lot of fans start to make their own versions of the covers. Sometimes they feel slighted because their favorite character wasn’t on it or they really want someone else to be on the cover with someone else and they start making all of their fan versions of the cover, which is really cool to see.

Henry Goldblatt: I just wanted to add one thing to what Tim was saying. Tim is being super-modest, because of ideas like these I promoted him to executive editor because he was doing so much more than being the creative director. He really has both the outside of his brain and an editorial side of his brain that’s amazing, so it was ideas like this that got him that promotion.

Samir Husni: If I put all of these 15 covers together, would I get some kind of a poster of the Avengers?

Tim Leong: They all connect to make one big image. The background connects.

Henry Goldblatt: If you look at page one of our Avengers issue, you’ll see how they all connect.

Samir Husni: You’re also adding to the print by the entire website and brand. As you mentioned Henry, you’re no longer just doing a magazine, you have a brand. How are you going to ensure that the content in this brand and all of these exclusives from this cover that you can buy at the back issues store, to the Dawson’s Creek cover that’s coming up, how can you ensure that connectivity with an audience? I remember the former CEO of Time Inc. telling me that there is only an eight second attention span, do you have to do one stunt after another to keep their attention? What’s the secret to keeping your audience clicking and ticking?

Henry Goldblatt: I’m very fortunate; I have an enormous depth of research on the types of projects that our audience likes, and I’m actually going to let Tim speak to this, because he was involved in the study.

Tim Leong: We just did this great fandom study and the real heart of it shows that the fans really want to engage on multiple platforms, not only in print, but online and other avenues as well, social and live events. I think what Henry has done a great job at is directing this brand in a way that it is truly multiplatform. And I think part of that is having a consistent tone and voice across all of our platforms, making sure that we go to the places that our readers want to go, and bringing EW to all of the platforms where our readers live. And the study definitely backs that up.

But the study was really interesting and that was a really key takeaway for us. Fandom is a real mainstay for us, because you might just think of Avengers, that’s fandom, but that also applies to Outlander, which has been a massive success for us.

Henry Goldblatt: Yes, it’s not just fandom and you automatically think of the Comic-Con crowd, that’s not the case at all. We have fandoms such as Outlander, which is a very female skewing fandom that does every bit as well for us, both digitally and in print, as Avengers does. Shondaland is another big fandom, between Scandal and Grey’s Anatomy, that skews more female and does very well for us too. The Walking Dead and Game of Thrones; there are all of these pockets that our readers are passionate about.

And you may be a subscriber to Entertainment Weekly and you may not like every single subject that’s on the cover, but I guarantee you that throughout the year I’m going to appeal to you more often than I won’t.

Tim Leong: I just think one of the things that EW does better than other brands is really over delivering and going all in on those different fandoms. Like this Avengers one, for instance, giving you 40 pages, there are little fun things throughout. We hid 10 little Ant-Man characters throughout the issue just so you can find them. We just really kind of over deliver on the things that our readers love in a way that no one else can.

Henry Goldblatt: On the flip side to Avengers, about three weeks ago, we did a 90th anniversary tribute to the Oscars that was 40 or 50 pages and we called it “Hollywood’s Greatest Untold Stories – The Oscars Edition,” and we took a deep dive into the things you may not know about Oscar-winning movies; the things you could never see on TV. We worked with the Academy and got a whole bunch of pictures that they had never released before that were exclusive to Entertainment Weekly for this issue. So, an Oscars fan may be different from an Avengers fan, they may be the same, but we try and cover the entire pop culture landscape.

Samir Husni: Are you telling me that you’re making print interactive?

Henry Goldblatt: Yes. I mean, print is always going to be more of a lean-back experience, but I want to make sure that with this Avengers cover or with Dawson’s Creek or the Oscars, our entire staff sends out what we call a “rollout” for every issue. There’s a social point around every issue, there’s what articles are we publishing on ew.com; is there is a social campaign around that issue, is there a People TV special that we’re doing, what’s our video strategy? So, we’re asking ourselves all of those questions. If the issue covers the event in the tent pole, then we’re asking those questions around all of the ancillary things that come out of it.

Samir Husni: I have to ask you the questions; with the new ownership, with the move, with everything taking place, with the enhanced responsibilities, is the job of a magazine editor today a walk in a rose garden or was it ever a walk in a rose garden and do you have time to do any editing?

Henry Goldblatt: (Laughs) That’s a really good question. And I am going to give you a very honest answer. With the move to L.A., as I said, it does feel more like a startup. I’m doing a little more actual editing than I have been recently, but you’re absolutely right, a title of editor in chief can be a misnomer sometimes, because I may be working on a thousand things that have nothing to do with editing.

One of my favorite things that I get to do every week is a radio show for EW Radio and Sirius XM. And I never grew up with a broadcast background or any type of radio background, and this is a brand extension that I’m super proud of and we’re very invested in and it’s making us a lot of money. Sure, I never thought I’d be a radio broadcaster, but here I am and I’m enjoying it.

I work a lot with our publisher and our business side on initiatives, and again, that’s not what I was trained to do, but I’m enjoying it as well. So, having been in journalism for a long time, it’s nice to be able to stumble onto these new things and stretch my brain a bit.

Samir Husni: Tim, you moved from being creative director to the executive editor; what comes with that move? Are you happier using both talents? Do you have one foot in each place now?

Tim Leong: The job goal is very similar, just the execution is different. Before you’re dreaming up how we’re going to treat this story from a design perspective, and now it’s how are we going to treat this story from an editorial perspective. And it’s still a ton of fun. I’m hugely excited about this opportunity and I’m eternally grateful to Henry for even considering me for this type of role. I find it to be incredibly fun and part of it is we have a wonderful stable of writers to work with. And they’re incredibly creative and that’s been one of the nicer joys of it.

And not to go back to the Avengers, but so much of it is planning fun, cool stuff to do. And in the creative director role, that’s doing cool designs and illustrations and that type of cool stuff, but here it could be, for instance, with the cover story that’s coming out this week is “Ready Player One.” And I don’t know if you’re familiar with the book and the movie that’s coming out, directed by Steven Spielberg, but in that cover story our writer, Anthony Breznican, talks about how Steven Spielberg, his crew kept trying to put references to Steven Spielberg’s movie into Ready Player One, and he kept trying to take them out.

So, one thing that we did in the text was highlight or kind of write in titles of Steven Spielberg’s movies in the text and design them with the logos of those movie titles. It’s more of an editorial thing and about making it fun and interactive, and something special that you can only do in print and doesn’t quite work as well online. So, a lot of the goals are the same, the execution is just a little bit different between those two jobs.

Samir Husni: And I have to ask you about the rumors that Meredith may be selling the magazine, any truth to that?

Henry Goldblatt: We read the same reports that you did. I was really heartened to hear the announcement a couple of weeks ago that Bruce Gersh was taking over as president of People and Entertainment Weekly and EVP of the company. He’s a great supporter of the brand and I don’t think they would have made such a fanfare announcement around that and put Entertainment Weekly in its purview just to sell us. I feel very confident about our future and I’m psyched to be a part of the Meredith family.

Samir Husni: Is there anything else either of you would like to add?

Henry Goldblatt: I think the one thing that I’ve really tried to do at Entertainment Weekly is make sure that each of the print covers that are an event can feed our traffic, and the events themselves, can feed our traffic and our video streams and the rest of the brand in a very organic and cohesive way.

Samir Husni: If I showed up unexpectedly at your home one evening after work, what would I find you doing? Having a glass of wine; reading a magazine; cooking; watching TV; or something else?

Henry Goldblatt: I’m on the floor playing with my dog and watching TV, most likely Scandal.

Tim Leong: If you came right this second, you’d see a mountain of boxes being unloaded. (Laughs) But I think one of the nice things about moving to the West Coast is an amplified family life. And you’d probably find me at home playing with my baby.

Samir Husni: If you could have one thing tattooed upon your brain that no one would ever forget about you, what would it be?

Henry Goldblatt: This is going to make me sound like a company man, but when I took over Entertainment Weekly three years ago, the motto that I’ve used and would want everyone to engrave and tattoo on their foreheads is: Smart, Funny, First, those are the three qualities that every piece of Entertainment Weekly content should embody. A good piece embodies two of those qualities and a great piece embodies all three. I’ve been imparting this on the staff for years now and I would be a hypocrite if I didn’t tattoo it on my own forehead.

Tim Leong: I’ve heard a lot of people say this, but I think it’s just so true and it’s what we really try to embody to the staff is work hard and be nice to people.

Samir Husni: My typical last question; what keeps you up at night?

Henry Goldblatt: To be perfectly honest, what keeps me up at night is I’ve asked 25 to 30 people to uproot their lives and move to L.A. and have faith in me and in this brand, and I just want to come through for them and I don’t want to disappoint them.

Tim Leong: This job is a big responsibility and yes, we’re talking about entertainment, but even though it’s entertainment, it’s something that we take very seriously. And it’s something that I definitely want to be sure we do well, and I’m just trying to think about ways we can do it better. And even better for the future.

Samir Husni: Thank you both.

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W Magazine: Putting The Magic Back In Magazines – The Mr. Magazine™ Interview With Stefano Tonchi, Editor In Chief, W Magazine…

March 26, 2018

“I think for the generation before our parents, receiving magazines was a joy. People could not wait to get it, to have it, to read it; to own it.” Stefano Tonchi…

“There was joy because it was their way of knowing what was going on. And it was this fantastic, magic object. So, let’s put back the magic in magazines.” Stefano Tonchi…

“Digital is not everything. Digital is not going to kill or be a substitute for magazines. But magazines have to find a different way to be perceived and distributed.” Stefano Tonchi…

There is no denying that W magazine is a magical thing. The photography is brilliant and the typography and oversized format draws it into that world of collectibles as easily as a Fabergé egg would entice a collector of Romanov family history. But with the latest redesign and new presentation efforts propelled forward by the magazine’s editor in chief, Stefano Tonchi, the publication has become fine art, with each issue its own unique thematic piece.

I spoke with Stefano recently for a charming conversation about all of the changes that have been implemented at W to give the magazine an even more “keep it forever” flavor. Stefano is a man as passionate about his brand as anyone I have ever talked to. From the collector’s box that was designed to hold all of 2018’s issues, to the iconic broadsheet print format that he resurrected for special moments throughout the year, such as the “Best Performances” edition that was distributed during Golden Globes week, W magazine is on the cutting edge of what print today needs to be to stay innovative, relevant and addictive in this digital age we live in.

And as Stefano said himself, “Digital is not everything. Digital is not going to kill or be a substitute for magazines. But magazines have to find a different way to be perceived and distributed.”

Mr. Magazine™ couldn’t have said it better himself.

And now the Mr. Magazine™ interview with Stefano Tonchi, editor in chief, W magazine.

But first the sound-bites:

On how W is making print printier: For print, we said let’s slow down and really go deeply into the idea of collectible. Making print collectible. So, we got a better paper stock, we went to 150 grams, which is quite an investment. And we changed the cover stock, I added this glossy finishing for the logo and part of the covers. And we redesigned the magazine completely, so you saw the two issues; they’re really like thematic. We call them volumes because we don’t want to be tied to the article calendar, because there is no reason anymore for that. I felt that when you do print, you don’t need any more to be monthly or bimonthly, or whatever is the frequency, you have to be out when you have an interesting point of view. And also you need an interesting size, because you don’t want to see this magazine as like a little pamphlet. (Laughs) It’s kind of like motivating the audience. You want something that is substantial. So, we went to this new schedule of eight volumes, so we’re trying, as I said, to act instead of react, so I didn’t look at it as a reduction in the frequency, but really as a change of strategy.

On commissioning a collector’s box for the volumes: The idea was finding out how we could make people understand that they should keep the magazine and collect it. So, we decided we should create a box, and every year we would create a different box with a different artist.

On the collector’s box being sold out: We only created so many in quantity and they went very fast. You know, I think print has not changed in so long that we really need to rethink print. What is a print product? What should it look like? And how do we deliver it to people? If we declare that we’re a premium, luxury product; it has to look like a luxury product. It has to be on nice paper, wrapped and presented in a certain way.

On W’s three D philosophy: discovery, diversity and disruption: Discovery is part of the DNA of the brand. We keep discovering new talent; we put the best and most talented people on our covers and give them their first exposure. Greta Gerwig was one of our first covers and she was so thankful that she collaborated with us doing the kind of movie-stills project we did. And diversity, again, that is something that we have pursued. Something W was doing even before my time here. I think I added maybe some layers to it. And also diversity has become such an important part of today’s conversation.

On a luxury product such as W magazine having diversity as one of its cornerstones: I think it’s a responsibility. You said luxury; I think luxury products more and more need to have an added value. You buy something because it means something, it’s not just an object. You’re buying also what that company stands for. And because your customers are educated, they do understand that. They like, say buying from a company that is behind a museum or a political statement or will spend that kind of money in promoting causes. It becomes part of really the idea of luxury, that sense of responsibility.

On the third D – disruption: Disruption is doing things like the collector’s box, the print; changing the frequency completely or the ideal frequency, I would call that disruption. (Laughs) And to kind of surprise and be very unconventional. Look at the way we’ve been treating the movie industry in our Golden Globe coverage. Last year, we had two women kissing, two guys embracing; we created all of these ideas of couples and it was all about embracing diversity, and they were more than just pretty pictures. There was always a bit of an agenda or some kind of disruption in celebrity photography or celebrity coverage, in a certain way I think.

On bringing back the broadsheet to W magazine: That was another idea, to go against the current, to take something that is so old and kind of forgotten and say the broadsheet, that’s how the magazine was how W actually started. Between 1971 and 1992, it was just a broadsheet, a supplement to WWD, the lifestyle premium of WWD. So, we felt like again, let’s do something that’s totally different and goes against the current. People are doing so much digital that we said let’s take this content and print it on a broadsheet, the oldest thing possible.

On whether all of the changes have been a walk in a rose garden for W: I think we are living in a very difficult time of transition. All publishing companies are suffering so much. And for some, change has come very fast and late. But I think everybody is going through what people used to call “growing pains,” but are now “changing pains,” because we know we need to change, but nobody knows exactly how.

On whether this is the best of times for him: This has been an interesting New Year, because I’m very proud of what W is now. When I arrived six years ago, maybe there were too many people and too much waste, but today we are really small, and it’s nice to work with a small group of people who really feel and love the product. I think we all feel like we love doing the W that we’re putting out. We’re proud of it and we feel like it is what we want it to be. We feel very lucky that we can put out a magazine that still represents our vision.

On anything he’d like to add: What I wish is that we will be able to really find a new way to distribute print magazines. I think we need to, altogether as an industry, understand that the world has changed, there are no more newsstands; a lot of the things cannot be measured the way that they used to be. At the same time, digital is not everything. Digital is not going to kill or be a substitute for magazines. But magazines have to find a different way to be perceived and distributed.

On what keeps him up at night: I sleep very good. I have had some difficult moments, because business is not easy, but I’m not worried about how to do the magazine; I’m more concerned with what to put in the magazine. How to find this new way to present the idea of magazines? I think it’s more of what is a magazine today; that’s the question we have to answer.

And now the lightly edited transcript of the Mr. Magazine™ interview with Stefano Tonchi, editor in chief, W magazine.

Samir Husni: First of all, congratulations on winning an Ellie award.

Stefano Tonchi: Thank you, that was a nice surprise.

Samir Husni: You and I have talked in the past about how W magazine is making print “printier.”

Stefano Tonchi: Yes, and what we talked about one year ago is what we are delivering. Last summer, I really thought a lot about how to make things happen, and the company really wanted a specific plan. And the plan became to act and not just react. So, with digital, we have to be faster, and we went with social first, and we’re doing so much with our Instagram. Instagram is really the language that W uses the most, because out of all the social media it is the one that’s most visual. And we’re a visual magazine and I think about Instagram as sort of our daily magazine.

We just put out something that’s very fun that I would love for you to look at; it’s like a horoscope. There are 12 of them, but very sophisticated. It’s a way to show fashion and beauty in a different way for a generation who gets their magazines basically straight from the phone.

We’re also launching something new called “Instazine” that is almost like an extension of Instagram stories, so it’s more about storytelling; more like creating content from the images, because what I find very shortcoming and frustrating, coming from print and making magazines, is that on digital you use and you leave images without the content around them. There is very little storytelling in a certain way. And that’s what we do with magazines, we tell stories and we put a story next to another story and that’s how you build your identity as a publication. A lot of what is on digital gets used as a single item and sometimes you don’t even know where it comes from or who paid for it.

So, with digital, it’s fast, fast, fast. And for print, we said let’s slow down and really go deeply into the idea of collectible. Making print collectible. So, we got a better paper stock, we went to 150 grams, which is quite an investment. And we changed the cover stock, I added this glossy finishing for the logo and part of the covers.

And we redesigned the magazine completely, so you saw the two issues; they’re really like thematic. We call them volumes because we don’t want to be tied to the article calendar, because there is no reason anymore for that. We are all kind of daily magazines, through Instagram, through the social media and the website. You are producing news every day. That’s what I think every magazine brand is today, a daily.

So, I felt that when you do print, you don’t need any more to be monthly or bimonthly, or whatever is the frequency, you have to be out when you have an interesting point of view. And also you need an interesting size, because you don’t want to see this magazine as like a little pamphlet. (Laughs) It’s kind of like motivating the audience. You want something that is substantial. So, we went to this new schedule of eight volumes, so we’re trying, as I said, to act instead of react, so I didn’t look at it as a reduction in the frequency, but really as a change of strategy.

Samir Husni: And you believe in this strategy so much that you’ve commissioned a collector’s box.

Stefano Tonchi: Yes, because the idea was finding out how we could make people understand that they should keep the magazine and collect it. So, we decided we should create a box, and every year we would create a different box with a different artist. The first person who came to mind was Barbara Kruger and she didn’t have time then, but she will do it later, because I love Barbara. She did my first cover here at W, one of the first covers, the one with Kim Kardashian; the all about “me” cover, before the selfie. She was ahead of the times.

So, when Barbara couldn’t do it, we asked Ugo Rondinone and he did this beautiful box, and we’re trying to make the same eight stripes of his target painting.

Samir Husni: But the box is sold out, I understand.

Stefano Tonchi: Yes, because we only created so many in quantity and they went very fast. You know, I think print has not changed in so long that we really need to rethink print. What is a print product? What should it look like? And how do we deliver it to people? If we declare that we’re a premium, luxury product; it has to look like a luxury product. It has to be on nice paper, wrapped and presented in a certain way.

What would you think if you got home and on your doorstep there was this skinny, cheap-papered, in a plastic bag magazine? How could you call that a luxury product? I think magazines should become more expensive when you want them and also be delivered the way they do with the Net-A-Porter product. I think for the generation before our parents, receiving magazines was a joy. People could not wait to get it, to have it, to read it; to own it.

Samir Husni: You’ve built your entire W philosophy now around the three D’s: discovery, diversity and disruption.

Stefano Tonchi: Exactly.

Samir Husni: Can we talk about those three D’s?

Stefano Tonchi: Sure. Discovery is part of the DNA of the brand. We keep discovering new talent; we put the best and most talented people on our covers and give them their first exposure. Greta Gerwig was one of our first covers and she was so thankful that she collaborated with us doing the kind of movie-stills project we did.

We also discover talented photographers. We have an issue, Volume Three, that is, basically, cover to cover, all about discovery. A lot of new photographers; Ethan James Green, we were the first time that he shot covers, he did a man and a woman for the cover, just a lot of new people. And really discovering stories, that’s part of what we do.

And I’m lucky enough that the magazine can take many more risks than other publications, because it is our audience who expects to be surprised somehow. And they can deal with surprises; they come to W for discoveries. I think if you’re more of a mainstream publication, it’s more difficult.

And diversity, again, that is something that we have pursued. Something W was doing even before my time here. I think I added maybe some layers to it. And also diversity has become such an important part of today’s conversation. And the next issue, Volume Three, it’s all about it, because it’s our dual-gender issue. This year in particular, it’s all about life gender fluidity and bringing this new idea of gender without stereotypes to the forefront, that’s what it is. It’s not even about sexual orientation; it’s really about taking down stereotypes.

Samir Husni: When people hear the word luxury, it’s rare that the word diversity comes next. It’s intriguing enough that a luxury magazine such as W has diversity as one of its cornerstones.

Stefano Tonchi: I think it’s a responsibility. You said luxury; I think luxury products more and more need to have an added value. You buy something because it means something, it’s not just an object. You’re buying also what that company stands for. And because your customers are educated, they do understand that. They like, say buying from a company that is behind a museum or a political statement or will spend that kind of money in promoting causes. It becomes part of really the idea of luxury, that sense of responsibility.

And the customers look for that and they notice it. When you’re there and you’re trying to decide whether to buy this bag or that bag and both are luxury products, I think people take into consideration whether the company is actively responsible or not, or goes along with their principals about a subject, such as sustainability. Or their principals on gender equality or the company has been investing so much in women’s rights. Or the company is behind great artistic commitments, in terms of what they’re associated with. So, then what you buy is associated with those causes. With a magazine, you kind of have to take a position, because your readers want to associate with the causes that you’re behind.

Samir Husni: And you’re third D, disruption?

Stefano Tonchi: Disruption is doing things like the collector’s box, the print; changing the frequency completely or the ideal frequency, I would call that disruption. (Laughs) And to kind of surprise and be very unconventional. Look at the way we’ve been treating the movie industry in our Golden Globe coverage. Last year, we had two women kissing, two guys embracing; we created all of these ideas of couples and it was all about embracing diversity, and they were more than just pretty pictures. There was always a bit of an agenda or some kind of disruption in celebrity photography or celebrity coverage, in a certain way I think.

When you call in some film director to work with, to create some fashion portfolios, it’s innovation; it is rapture, I think. When you ask an artist to do a cover or to collaborate with a celebrity to make something special. To me, that’s disruption, because it breaks the way things have been done so far.

Samir Husni: Also, part of that disruption, this year at the Golden Globes, you brought back the broadsheet W.

Stefano Tonchi: That was another idea, to go against the current, to take something that is so old and kind of forgotten and say the broadsheet, that’s how the magazine was how W actually started. Between 1971 and 1992, it was just a broadsheet, a supplement to WWD, the lifestyle premium of WWD. So, we felt like again, let’s do something that’s totally different and goes against the current. People are doing so much digital that we said let’s take this content and print it on a broadsheet, the oldest thing possible.

Samir Husni: Has all of this been a walk in a rose garden for you? Everything you’re telling me, I can tell you are very passionate about.

Stefano Tonchi: I think we are living in a very difficult time of transition. All publishing companies are suffering so much. And for some, change has come very fast and late. But I think everybody is going through what people used to call “growing pains,” but are now “changing pains,” because we know we need to change, but nobody knows exactly how.

I have gotten a lot of support from the executives here at Condé Nast, like Bob (Sauerberg), and Anna (Wintour) have been very supportive. I think they were very impressed because we try and deliver what we talk about. We deliver it financially, that’s important, but we also deliver it as a product. Each issue should have some reason to be collected, every issue so far has its own specific graphic and photography identity, and there’s a common idea that runs through the issue. So, they’re unique products in that sense. And that’s what makes them collectible.

The first issue was about the movie industry in a certain way and about fashion. And there was also this idea of handcraft, all of the typography in the well was handwritten. So, there was this real touchy and feely aspect. Like the touch of a human hand, it was really a message that I wanted to put in that issue.

The second issue had this idea of collaboration, where we were inspired by movie posters and the three covers became like three movie posters. Every single story had an opening that was a movie poster.

Volume Three is about identity and we were inspired very much by ID cards, but the design and the graphic design of the issue is about the idea of ID tags. Almost like stickers that you wear to say who you are, because it is about gender identity.

We think about the issues almost like books, in a certain way. And we try to tell stories that have a little bit more of a reason to be preserved and told. They don’t have an expiration date.

Samir Husni: Between the Instazine and W, Instagram and all of your travels, is this the best of times for Stefano?

Stefano Tonchi: This has been an interesting New Year, because I’m very proud of what W is now. When I arrived six years ago, maybe there were too many people and too much waste, but today we are really small, and it’s nice to work with a small group of people who really feel and love the product. I think we all feel like we love doing the W that we’re putting out. We’re proud of it and we feel like it is what we want it to be. We feel very lucky that we can put out a magazine that still represents our vision.

Samir Husni: And it’s well-executed and gorgeous.

Stefano Tonchi: Thank you. I know you see a lot of them. And you read a lot of them. We don’t pretend to be The New Yorker or anything else, but I think we do well with our own mission.

Samir Husni: Is there anything you’d like to add?

Stefano Tonchi: What I wish is that we will be able to really find a new way to distribute print magazines. I think we need to, altogether as an industry, understand that the world has changed, there are no more newsstands; a lot of the things cannot be measured the way that they used to be. At the same time, digital is not everything. Digital is not going to kill or be a substitute for magazines. But magazines have to find a different way to be perceived and distributed. And we have to help. The box is kind of a way to say, let’s produce things that can go into the box. Let’s produce things that you want to keep. That’s the idea.

Samir Husni: And as you said earlier, when our parents would receive magazines in the mail, it was a joy and there was value.

Stefano Tonchi: Yes, there was joy because it was their way of knowing what was going on. And it was this fantastic, magic object. So, let’s put back the magic in magazines.

Samir Husni: My typical last question; what keeps you up at night?

Stefano Tonchi: I sleep very good. I have had some difficult moments, because business is not easy, but I’m not worried about how to do the magazine; I’m more concerned with what to put in the magazine. How to find this new way to present the idea of magazines? I think it’s more of what is a magazine today; that’s the question we have to answer.

Samir Husni: Thank you.

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Making Money In Magazines And Magazine Media – Day Three Of The Magazine Innovation Center’s ACT 8 Experience Is Seeing $$$ Signs!

March 23, 2018

ACT 8 Experience Day Three
Thursday, April 19, 2018 beginning at 8:15 a.m.

Bonnie Kintzer

Daren Mazzucca

John French

Bonnie Kintzer, President & CEO, Trusted Media Brands, opens the morning with a keynote speech that will have you energized and mesmerized and ready to move forward into a more prosperous future as we all learn how “Making Money in Magazines and Magazine Media” is done. Daren Mazzucca, Vice President/Publisher, Martha Stewart Living, Meredith, follows Bonnie’s opening discussion with a motivating presentation of his own, then John French, Co-Founder, French LLC, rounds out the first part of the morning’s engaging conversations about bringing in the revenue.

We start the late morning with a panel discussion following the same “green” vein: making money. Jim Elliott, Founder & President, James G. Elliott Co., moderates the prestigious panel of guests including: John French, Co-Founder, French LLC, Bonnie Kintzer, President & CEO, Trusted Media Brands, Daren Mazzucca, Vice President/Publisher, Martha Stewart Living, Meredith, and Kevin Novak, CEO, Founder and Chief Digital Strategist at 2040 Digital. The ideas will be flowing as well as the fountain of conversation. Don’t miss it.

After lunch, the illustrious Bo Sacks, President, Precision Media Group, will get us ready for another Print Proud Digital Smart moment, and we’ll round out the afternoon’s presentations with Mark Potts, Managing Editor, Alta The Journal of Alta California, and an informative discussion about the Mississippi Delta with one of its own sons, Scott Coopwood, Publisher, Delta Magazine, and Thomas Whitney, President, Democrat Printing & Lithographing.

As we end the conversations, letting the last discussion about the rich cultural heritage of the Delta calm our media excitement and fervor of the day, we take a long, slow breath, imagining BBQ, Blues & rolling flatlands, until we realize that we don’t need our imaginations in this case, since we’re about to board the buses for our own Magazines & Music Mississippi Delta Tour!

Then we’re off! Visiting the Delta Blues Museum in Clarksdale, touring the colorful and exciting city itself, having dinner at Ground Zero Blues Club and listening to some of the best Blues in town, with maybe a surprise drop-in from co-owners themselves, Morgan Freeman and former Mayor Bill Luckett (no promises there, but you never know), and then it’s back to Oxford as we wrap up another magazine and magazine media-rich ACT Experience. And after a little shuteye for Mr. Magazine™ and his team, they’re already planning ACT 9, gearing up for another smashingly successful foray into the minds of some of the magazine and magazine media world’s greatest leaders.

So, we urge you to register here today, so that you can be an integral part of all of the excitement. And then click here to view the agenda for yourself. You’ll be amazed and champing at the bit to get to Oxford, Miss. April 17-19 for two and a half days of magazine bliss!

See you at ACT 8!!

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Your Brain On Print/Your Brain On Digital – Day Two Of The Magazine Innovation Center’s ACT 8 Experience Promises To Be Extraordinary!

March 21, 2018

ACT 8 Experience Day Two
Wednesday, April 18, 2018 beginning at 8:15 a.m.

The Magazine Innovation Center’s ACT 8 Experience’s theme this year is Print Proud Digital Smart, and we invite you to register today and discover how appropriate that theme is to both our ACT 8 Experience and in our media world today. Contemporary success in magazines and magazine media and in communications in general is dependent upon both the printed word and the online pixel. In the 21st century, there is no excuse for any member of any audience having to choose. And our guests on Day Two will exemplify that fact.

Daniel Dejan

Liz Vaccariello


From Liz Vaccariello, Editorial Director, Parents Network, Meredith, to Daniel Dejan, ETC Print Creative Manager, Sappi, North America, you will hear how the two technologies go together like simpatico in motion.

Joe Hyrkin

Joe Hyrkin, CEO of the digital publishing platform, issuu, a medium that enables anyone — from independent creators to global brands — to distribute, measure and monetize their digital content, will also share his expertise.

Mona Hidayet, Executive Director, Clients & Products, Advantage CS, invites you to “Be Scholarly, Think Like a Shoemaker” with her presentation; Deborah Corn, Principal, Chief Blogger, and Intergalactic Ambassador to The PrinterverseTM – Print Media Centr, will give a lively discussion; and Erik van Erp, Founder and Editor, Print Media News, The Netherlands, follows with an internaitonal perspective on media.

On a Print Proud Digital Smart discussion panel happening right before lunch, Joseph Ballarini, Founder and Editor-in-Chief, Tail Fly Fishing magazine; Tony Frost, Senior Vice President, TVGM LLC, TV Guide; Mark Potts, Managing Editor, Alta The Journal of Alta California; Jen Ripple, Founder and Editor in Chief, DUN magazine; and John Thames, Founder & Publisher, Covey Rise Magazine, will come together to showcase how each brand’s print component is enriched and enhanced by its digital counterpart. The panel will be moderated by Joe Berger, Publishers Marketing & Sales Consultant, Joseph Berger Associates. You don’t want to miss this dynamic discussion.

And later that day Tony Silber, magazine-media expert, founder of M10 Magazine and president of Long Hill Media, will lead a panel discussion on Magazines at Retail with industry leaders: Jerry Lynch, President, Magazine And Books, Retail Association; William Michalopoulos, Vice President, Retail, Sales & Marketing, PubWorX; Sebastian Raatz, Publisher/Co-founder, Centennial Media: Ray Shaw, Executive Vice President/Managing Director, MagNet; Dave Forsman, EVP of Sales, TNG. The discussion should be provocative and informative, so Day Two will certainly be memorable.

Then we’ll have a “View from Abroad” with panelists: Zenebe Likyeleh Beyene, Instructional Assistant Professor of Journalism Instruction and Director of International Programs, Meek School of Journalism & New Media; Natashia Gregoire, Reputation Manager, Editor, Access magazine, Fed Ex; Abdulsalam Haykal, Founder and Publisher, Harvard Business Review Arabic, United Arab Emirates; Monique de Ruiter, Former Editor Diversity magazine and VTWonen, The Netherlands; and Franska Stuy, Founder & Editor, Franska.NL, The Netherlands. This internationally flavored conversation will be followed by an informative presentation entitled “Millennials and Media Today: Research Findings” by Marisa Davis, Associate Director, Product Marketing – MNI Targeted Media.

Newell Turner

Then the University of Mississippi will present its Silver Em Award to the very deserving Newell Turner, Editorial Director, Hearst Design Group. So, it’s a day and an evening that you do not want to miss!

See you at the ACT 8 Experience! Space is very limited, so click here to register and ensure your place at those two and half days of magazine and magazine media bliss and click here to view the agenda.

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Are You Ready? Magazine Innovation Center’s ACT 8 Experience Is Almost Here! Linda Thomas Brooks, James Hewes & Tom Quinlan, Kick Off Two And A Half Days Of Magazine Excitement!

March 20, 2018

ACT 8 Experience Opening Gala & Event Kickoff
Tuesday Evening, April 17, 2018 at 6:00 p.m.

What does MPA – The Association of Magazine Media, FIPP: The Network for Global Media, and LSC Communications have in common, other than the common thread of media, of course? Well, for one thing, each one of these great organizations will have their leaders present and accounted for at the opening evening of the ACT 8 Experience. An opportunity to get up close and personal with three people who each have their own expertise in the world of media, magazines and communications.

On a spring evening in April, the 17th to be exact, the Magazine Innovation Center at the Meek School of Journalism and New Media on the campus of the University of Mississippi will welcome Linda Thomas Brooks, President and CEO of MPA, James Hewes, President and CEO of FIPP, and Tom Quinlan, Chairman and CEO of LSC Communications to its campus.

We at the Magazine Innovation Center are honored and excited to extend an invitation for you to register today to be a part of this extremely compelling event. Nowhere else on earth will you find this magnitude of leadership, knowledge and vision under one roof as you will at the ACT 8 Experience. And this is only the opening gala! There are two more informative days of think-and-do and a fun filled trip to the Mississippi Delta in store for you if you join us.

Opening Night Keynote Speakers:

Linda Thomas Brooks was named president and chief executive officer of MPA—The Association of Magazine Media in January 2016. Before joining MPA, Thomas Brooks came from the other side of the media desk. She was Executive VP and Managing Director of GM Mediaworks in Detroit, President of Ingenuity Media at the Martin Agency in Richmond, Virginia, and Executive Director of Media & Marketing at Trilogy, a privately-held business technology company. She was also the co-founder and president of GearDigital, a data-driven integrated agency and a subsidiary of Wilson RMS. She is passionate about viewing the media landscape through the lens of the consumer and is an ardent believer in the power of strong media brands to change the world.

James Hewes has been a director of the FIPP Management Board since October 2015 and has been involved with FIPP since 2004 when he was working in the international publishing industry for BBC Worldwide. He was appointed FIPP CEO in 2017. FIPP: the network for global media, represents content-rich companies or individuals involved in the creation, publishing or sharing of quality content to audiences of interest. FIPP exists to help its members develop better strategies and build better businesses by identifying and communicating emerging trends, sharing knowledge, and improving skills, worldwide.

Tom Quinlan is Chairman and CEO of LSC Communications, a global leader in traditional and digital print, print-related services and office products that serves the needs of publishers,
merchandisers and retailers, with over 20,000 employees, annual revenues of over $3.5 billion with operations in Europe, Canada and Mexico. Formerly, he was the President and Chief Executive Officer of R.R. Donnelley & Sons Company, the largest provider of printing and communication business services in the world, with over 65,000 employees, annual revenues of over $10 billion, and more than 600 locations around the globe from March 2007 to September 2016.

So, if you’re interested in the world of magazines and magazine media, marketing and communications, or you’ve just always had the desire to head south; do it! Join us for ACT 8 and see what all the excitement is about! And if you’re already here among the magnolias, great food and awesome music, come join us for more of the same, plus some really great journalism too!

See you at the ACT 8 Experience! Space is very limited, so click here to register and ensure a place at those two and half days of magazine and magazine media bliss and click here to view the agenda.

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Headmaster Magazine –Why Print Is Still The Best Medium For Its Concept – A Mr. Magazine™ Update With Matthew Lawrence & Jason Tranchida, Editors…

March 19, 2018

Headmaster editors Matthew Lawrence, left, and Jason Tranchida. Photo by Nelson Villarreal.

“We were very committed from the get-go to do a print publication. And for the artwork in it and the concept for the issue, print freezes something in time and it juxtaposes projects next to each other that we want next to each other for whatever reason. And I think doing something online with that wouldn’t work” Jason Tranchida…

“And we are talking about doing the gallery thing at some point down the road, but the difference is a gallery show comes and goes, it’s up in a month or two, or whenever, but the print is there forever. Our first issue came out in 2010 and we still have that to look at and refer back to and to show people.” Matthew Lawrence…

A Mr. Magazine™ Update…

On May 23, 2015, I published a Mr. Magazine™ interview with Matthew Lawrence and Jason Tranchida about Headmaster magazine. At that time Matthew described Headmaster as “a magazine with original projects and the concept behind it is that we find artists and writers that we like and we give them assignments to do those original projects for the magazine. So, everything between the pages is made for Headmaster.”

The self-described art magazine for man-lovers was born in 2010 by the original four “headmasters,” but over the years the four became two, Jason and Matthew. And then almost three years ago, the magazine stopped production. But today it’s back, in a refreshed and exciting way.

I recently spoke to Matthew and Jason again about the rebirth and this is a Mr. Magazine™ update on where Headmaster is today.

Samir Husni: So, almost three years later, you’ve brought Headmaster back. What happened in the meantime?

Jason Tranchida: Well, a bunch of things happened. We never consciously said we were going to stop doing it; we just had a lot going on. Matthew had started a different full-time job, and then once he settled in, my work got crazy, so we had some of these sits and stops in getting the new issue out. And we knew that we wanted to do some other bigger changes, this was sort of a concept issue. We added pages to it; we changed the paper; did some design rethinking, things like that. It just kind of happened.

And then finally we got enough momentum going, told ourselves we had three months to finish this bad boy and we were going to go to print. We committed to a launch in Chicago at a new art book fair there and so we’re back.

Samir Husni: Why do you believe in print? Why do you believe that for Headmaster to exist, it better be in print?

Jason Tranchida: We were very committed from the get-go to do a print publication. And for the artwork in it and the concept for the issue, print freezes something in time and it juxtaposes projects next to each other that we want next to each other for whatever reason. And I think doing something online with that wouldn’t work. The only other medium that I think might work for what we’re trying to do is if we did actual gallery shows, where we did almost the same assignment and then did an art show around it, which is kind of what we’re doing now. We curate each issue; we’re careful about who’s in the issue; when we’re choosing who we want to work with, there are certain people who we wouldn’t put in the same issue.

Matthew Lawrence: And we are talking about doing the gallery thing at some point down the road, but the difference is a gallery show comes and goes, it’s up in a month or two, or whenever, but the print is there forever. Our first issue came out in 2010 and we still have that to look at and refer back to and to show people. Although that one is sold out, so we don’t really show it to people anymore. (Laughs)

Jason Tranchida: But it is interesting, along the line of freezing in time, some of the projects and assignments were given pre-election and some were given post-election, so we had the projects for a long time before we actually went to print. And then a couple of the artists were of the mind that they might have done some things differently because the whole landscape had changed, and they wondered would there be a chance to revisit the project, or put a disclaimer on it. But we basically said no because that’s where we were and they were as an artist at that time. And we do put the date of the assignment in each issue, so it does have that context. But it really makes the “freezing in the moment of time” hit home.

And the fact that the issue did take a while to come out, there’s a breath of something going on that’s different from other issues that were maybe done in a more condensed time.

Samir Husni: When can we expect to see an issue nine? Will it take another almost three years before we see the next issue of Headmaster?

Jason Tranchida: I hope not. (Laughs)

Matthew Lawrence: I would say within the next year. We released number eight in November 2017. And I would not release an annual magazine in November again; it’s just really hard with the stores and holiday stuff, and art fairs. I think the timing needs to be early fall or early winter after the New Year.

Jason Tranchida: Yes, I would like to ideally have all of our work in by the end of the year for the next issue. And then, once we have all of the work it usually takes us about two months from final design to getting it printed and back to us.

Samir Husni: And the best way for people to get the current issue?

Matthew Lawrence: You can order it on our website and we’re in about two dozen stores, mostly in the U.S.

Samir Husni: Thank you.

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Us Weekly: A Lot Can Happen In A Week! Us Weekly’s VP/Chief Revenue Officer, Vicci Rose to Samir “Mr. Magazine™” Husni: “The Fact Remains, Whether It’s Us Weekly Or Some Of Our Key Competitors, We Are Able To Provide A Tremendous Amount Of Paid Circulated Copies Every Single Week.” The Mr. Magazine™ interview…

March 14, 2018

“I’m a great fan of digital and I’m a big supporter. Us Weekly has a very sizeable print footprint with just under two million copies, 1,968,000 per week is our most recent AAM (Alliance For Audited Media) statement for the six months ending December 2017, so of course, we’re big believers in print. And I am incredulous with the number of conversations that I have with agencies and clients in acknowledging that their own research with media-mix modeling, etc. will point to a strong ROI, but it’s not in fashion, so the industry is often plagued with people who are concerned for their jobs because they’re not forward-thinking enough.” Vicci Rose…

“I do feel we just have to temper the industry’s excitement. And there are certain advertisers that rushed into the digital world, and so because we could measure it, thought that it would have the measurement that they wanted. But if we continue to see that click-through rates are a fraction of a percent, there isn’t an advertiser out there that could believe that is a success metric, where at the same time any of the more traditional quantitative research in print, Starch for example, shows tremendous awareness, tremendous activity levels, as a result of engaging with the ads. And that continues, even in the face of such tremendous, widespread access to digital.” Vicci Rose…

A lot can happen in a week, indeed. What former Us Weekly owner, Jann Wenner, said to Vicci Rose years ago, when describing the difference between Us Weekly and its prime competitor at the time, still remains valid to the VP/CRO today: you know, a lot can happen in a week. Since before the Internet and during Jann Wenner’s ownership of the magazine, Vicci Rose has been publisher of Us Weekly. And when it comes to celebrities and entertainment, her knowledge is vast and her opinion strong on both the category and the frequency of her brand: “The fact remains, whether it’s Us Weekly or some of our key competitors, we are able to provide a tremendous amount of paid circulated copies every single week.”

And indeed she is right, with her quoted amount of paid copies sold per week: just under two million copies, and her intense belief that all that is needed in the world of advertisement and magazines is for the two to come to an understanding about the continued value of print and the continued synchronization of digital with the legacy platform. It’s really as simple as that and as complex, as some advertisers are still seeking that pot of gold at the end of the digital rainbow. But being Print Proud Digital Smart has never been more important to her and her brand.

I spoke with Vicci recently and we talked about all of the above, and about the transition of ownership of the brand to American Media, Inc., and how her role as publisher, now chief revenue officer, has evolved over her many years in the business. While the core objective has remained the same, forming those strong bonds with agencies and clients, Vicci said today her job is always effected by the rapid changes within the industry. But if anybody can roll with the punches, it’s Vicci Rose. She is strong, dedicated and committed 100 percent to the continued success of Us Weekly.

So, I hope that you enjoy this delightful conversation with an equally delightful woman who believes that as long as Us Weekly remains current and relevant in the world of celebrities and entertainment, the brand’s present and future success is safe, the Mr. Magazine™ interview with Vicci Rose, VP/chief revenue officer, Us Weekly.

But first the sound-bites:

On how her role as chief revenue officer, publisher, has changed since the dawn of the digital age: Some of the evolution in my role is imposed by the rapid change in the industry. And another very important part of it is Us being more introspective to determine how we can keep pace with the rapidly changing world first and foremost, if we are truthfully driven by our audiences, which in turn then we promote and engage with our advertisers. So, I think in the initial stages of the role of publisher, and it was very much publisher, focused on the audience, the circulation, the advertisers’ interest in that audience to affect their objectives and strategies, etc. That’s always at the heart of what we do.

On why she thinks advertisers are so enamored by digital advertising in light of recent media reports on Bots and fake ads: I do feel we just have to temper the industry’s excitement. And there are certain advertisers that rushed into the digital world, and so because we could measure it, thought that it would have the measurement that they wanted. But if we continue to see that click-through rates are a fraction of a percent, there isn’t an advertiser out there that could believe that is a success metric, where at the same time any of the more traditional quantitative research in print, Starch for example, shows tremendous awareness, tremendous activity levels, as a result of engaging with the ads. And that continues, even in the face of such tremendous, widespread access to digital.

On finding new ways or creating new ways to engage with the advertisers and serve the customers and readers at the same time: It began first with positioning ads in relevant editorial. And that evolution of the positioning of the ads in relevant editorial became enhanced promotional pages and what we used to call advertorial pages. And today it’s a much more sophisticated translation of that original objective, which is branded and custom content as well as sponsored content. We are pursuing all of the avenues to allow our clients a better connection, a stronger connection, which includes social media components, but the translation of that has been a particularly productive avenue for Us Weekly over the years.

On her response when people say the entire celebrity genre and the weekly genre has no future in print: I totally disagree. The fact remains, whether it’s Us Weekly or some of our key competitors, we are able to provide a tremendous amount of paid circulated copies every single week. You just have to look at Us Weekly and People magazine. Again, the landscape has changed, where today not as much of our sales are at retail as they were before, but our average customer is paying roughly $70, that’s the actual price paid, for our subscription; for 52 weeks a year. And we’re able to sustain the circulation and in fact, the advertising, for 52 copies per year. And almost all of our weekly competitors in the entertainment and celebrity space are able to do that as well.

On why she feels there are less success stories, such as Us Weekly’s, in the media today and more doom and gloom magazine predictions: The proliferation of new products, new digital products, new software; the average CMO (chief marketing officer) today would be bombarded by not just six or seven entertainment magazines and 10 fashion and beauty magazines and the Seven Sisters. I mean, they are bombarded with thousands of alternatives today. So, I think in many cases, the decisions and the interaction with the publishing community has really been largely deferred to the advertising agencies. And they too have taken on such tremendous responsibility, as well as seeking new revenue streams.

On the analogy that digital was the seductive mistress when it burst upon the scene and print was always the steadfast spouse: (Laughs) Well, it’s interesting, there’s no question that digital, when it’s done right and with integrity…I always think, how did we end up here? The publishers have always had these tremendously solid relationships with our agencies and with our clients. And so, how did we lose so badly? You’re anecdote here is a perfect one for this because here we were, loyal, supportive; all of the editorial mentions that the editor is independent of commercial investment. And the support we’ve given over the years, yet, there was this shiny new object, the one that was thought to be the more exciting of the two.

On what someone would find her doing if they showed up unexpectedly one evening at her home: If you came to my house, you would probably find me somehow connected with my work. While I’m probably not proud to say it, other than my family and my twins, who are turning 21 soon, I am really totally immersed in what I do. But luckily that immersion does include a very significant and substantial immersion in pop culture and entertainment. I see a tremendous amount of movies; I watch a tremendous amount of television across the full spectrum: broadcast, cable, streaming.

On what she would have tattooed upon her brain that would be there forever and no one could ever forget about her: I think I’d like to have people think of me as their partner, a real consultative, professional who is dedicated and enthusiastic about what I do 12 and 14 hours per day. And that they can trust me to be a really committed and productive partner. I think that’s true with my dedication and my commitment in everything I do. I’d like that to be my legacy.

On what keeps her up at night: Two things, I have to be honest. One is, as we said earlier, how do we get the market to see the true value of print, which is there for them to see, it’s just a question of breaking through. And the other side of the equation, which is something that does plague all of us in the business, not only on the print side but also on the pure play digital, how do we accelerate the adoption of audiences to pay for the content they are consuming? Some are doing it well, others are doing it even more brilliantly, but as an industry we have not yet after 20 years or more, we have not as an industry solved this challenge.

And now the lightly edited transcript of the Mr. Magazine™ interview with Vicci Rose, VP/chief revenue officer, Us Weekly.

Samir Husni: You’ve seen it all in this industry. As a brand that has its cornerstone in print as Us Weekly does, how would you describe the change in your role as a chief revenue officer, as a publisher, from the dawn of the digital age until now?

Vicci Rose: Some of the evolution in my role is imposed by the rapid change in the industry. And another very important part of it is Us being more introspective to determine how we can keep pace with the rapidly changing world first and foremost, if we are truthfully driven by our audiences, which in turn then we promote and engage with our advertisers. So, I think in the initial stages of the role of publisher, and it was very much publisher, focused on the audience, the circulation, the advertisers’ interest in that audience to affect their objectives and strategies, etc. That’s always at the heart of what we do.

I can honestly say today that core objective is at the heart of the role of chief revenue officer. I do feel there is a difference in perspective, however, because growing up in our industry and our business, making the transition from the media side, media planning, at Benton & Bowles, where I worked with leading advertisers like Procter & Gamble, at the time it was called General Foods, the role of ad sales and publisher or management was very much about connecting the advertiser to the audience, in a very pure connection in that way.

Over the last decade or so more, it’s really about that consultative sales part of that equation. We could be far more creative over the last decade or two than ever before. We were engaged in a much more significant relationship, in terms of having a better understanding of what that client wanted to achieve. And through that process we built more comprehensive programs, again, using the media or the various components of our brand.

Us Weekly, as an example, went into the mobile space back in 2002 because it really didn’t require a significant investment, and I at the time as publisher had to determine how much of our resources could go into a forward-thinking medium. So, as I sit here today as chief revenue officer, that core objective is at the heart of what I do, but I do have to be so much more aware of a much broader platform. I have to be knowledgeable with not just my audience and how they engage, but where they engage. And where, as you just said, will we be engaging them in the next week or in the next month? (Laughs)

And I would honestly say tactically, we used to look at three and five-year plans regularly; today I hardly ever look at a five-year plan because I have to be really concerned with the three-month plan and the six-month plan and the 12-month plan. My role is that much more urgent and immediate, in terms of everything we do. We have to be far more concerned with the actual performance metric, that has been a very dramatic change in our responsibility to our clients.

And we’re under tremendous pressure to prove daily the power of print and the importance of print. In fact, I have a presentation coming up to one of the major agencies and one of the top ten clients in the industry to prove the power of print using many of the components from the very productive presentation that the MPA has designed, that magazines tell and sell. And then we adopt some of that information and translate it for our clients and how their product categories and their particular products have actually seen increases in consumption in magazine audiences.

My responsibility today is not just to connect clients and audiences, but really to prove that there is a powerful and productive connection and ultimately to help set up the ROI that they will achieve. In a long-winded way, my role has changed a lot, but there are still some core things that drive me every day in my role.

Samir Husni: Recently, I interviewed the president of Meredith Magazines, Doug Olson, and he was amazed and surprised that with all the data and with everything that print can offer, and with the stories that have been in the news lately about fake ads and all the Bots looking at the digital ads, he was amazed that some advertisers still have this strong belief in digital? Do you think the industry will ever overcome that newness of digital and see the return of the tangible ROI in the magazine business?

Vicci Rose: I’m a great fan of digital and I’m a big supporter. Us Weekly has a very sizeable print footprint with just under two million copies, 1,968,000 per week is our most recent AAM (Alliance For Audited Media) statement for the six months ending December 2017, so of course, we’re big believers in print. And I am incredulous with the number of conversations that I have with agencies and clients in acknowledging that their own research with media-mix modeling, etc. will point to a strong ROI, but it’s not in fashion, so the industry is often plagued with people who are concerned for their jobs because they’re not forward-thinking enough.

So, I would agree with Mr. Olson, yes. I am constantly surprised, especially in light of the fact that print for most of our clients works and has been proven to work. But at the same time I do feel that the digital component, and when I say digital, I mean the whole spectrum of digital, digital video, social media, mobile; all of those platforms add such a tremendous conduit to audiences, both our existing audiences, but more importantly to new audiences.

I do feel we just have to temper the industry’s excitement. And there are certain advertisers that rushed into the digital world, and so because we could measure it, thought that it would have the measurement that they wanted. But if we continue to see that click-through rates are a fraction of a percent, there isn’t an advertiser out there that could believe that is a success metric, where at the same time any of the more traditional quantitative research in print, Starch for example, shows tremendous awareness, tremendous activity levels, as a result of engaging with the ads. And that continues, even in the face of such tremendous, widespread access to digital.

So, I would agree with him. I do feel though that in the last year, year and a half, since many of our industry leaders on the client side are expressing concern again, not a wholesale withdrawal, but a concern. I do think there is a tempering of that willingness to try anything new at all costs and take on tremendous risk. And I have seen, in fact, in our presentation, that there are about 30 advertisers out there that have actually pulled away from print, then came back to print in a significant way and are actually growing their print. And there are many new research tools that will help us. In fact, thinking about Meredith, they were among the first companies to go into the Nielsen Catalina study and be able to, through some complexity, but be able to show their advertisers that there is significant ROI in print-based programs.

Samir Husni: You’ve been very creative in dealing with your clients and with advertisers. Can you talk a little bit about the new ways of getting revenue and advertising, rather than the traditional: we’ll sell you a page here or we’ll send you something on digital? What are you doing in terms of finding new ways or creating new ways to engage with the advertisers and to serve your customers and readers at the same time?

Vicci Rose: We actually started this back, I would probably say, at Mademoiselle magazine when there was first this opportunity to better engage our audience with some creative projects. And then pulling together the marketing team and really working with the clients to try to recognize more of the context and the relevance of the messaging. At first it began clearly with just positioning. It wasn’t just, let’s call it the Campbell’s Soup position that it used to be called in the women’s service area, the left-hand page opening the main editorial well and it didn’t really matter what the context of that adjacency was.

So, it began first with positioning ads in relevant editorial. And that evolution of the positioning of the ads in relevant editorial became enhanced promotional pages and what we used to call advertorial pages. And today it’s a much more sophisticated translation of that original objective, which is branded and custom content as well as sponsored content. We are pursuing all of the avenues to allow our clients a better connection, a stronger connection, which includes social media components, but the translation of that has been a particularly productive avenue for Us Weekly over the years.

And I think the reason why we’ve been able to see this as a very particularly productive channel for us, meaning the branded or custom content channel, is because we are able to work with the clients, really better understand what their objectives are. At times, because we’re dealing with celebrity and entertainment, we have to remind the client of what those objectives are and make sure that they adhere to what they originally thought was the objective and not get all caught up in the excitement of working with entertainment and celebrity.

But again, the importance of that I think has never been clearer than it is today with the new audiences. As you mentioned, that younger customer coming into media with very different expectations, with a very different landscape, and a very different appraisal of advertising and how they react to advertising. How they feel about companies and their promise, typically made in a classic ad.

So, we have this fantastic opportunity to work with our clients to really understand where their objectives converge with the interest of an audience. It takes it to a much purer level for me as a chief revenue officer, and still at heart a publisher. That’s the most exciting part of our business and what keeps so many of us active. It’s the creativity, but always knowing that it’s only creative if it satisfies that client’s objective.

So, yes, Us Weekly has had a very, very big stake in sponsored content and branded and custom content. In fact, the articles that you may be reading had recognized some of the programs that we triggered recently, first with the paper and packaging board, with the GRAMMY’s and being able to include them in a big GRAMMY-based initiative; Music’s Biggest Night, it was not formerly working with the GRAMMY’s, but again, being able to recognize and have some contextual relevance to awards programming.

And then most recently, with the completion now of the Olympics, we were able to align our client Nutrish with Olympics programming. So, context and relevance, as classically done by ad-placement in magazines, is now on steroids. (Laughs)

And we created a custom video with Kelli Stack, who was an Olympian, and she rescued some dogs from Sochi, when she was last participating in the Winter Olympics there. And we were able to sit down with her and understand how these wonderful animals helped her and her training, her relaxation, and her motivation. And it was a win-win with tremendous results. In fact, the contest, it was a user-generated contest where you provided pictures of your Olym-pet, and the votes were just under 900.000 in two weeks. It was very exciting.

Samir Husni: You mentioned the celebrity environment of Us Weekly has almost two million copies every week. What’s your response when people say the entire celebrity genre and the weekly genre has no future in print?

Vicci Rose: I totally disagree. The fact remains, whether it’s Us Weekly or some of our key competitors, we are able to provide a tremendous amount of paid circulated copies every single week. You just have to look at Us Weekly and People magazine. Again, the landscape has changed, where today not as much of our sales are at retail as they were before, but our average customer is paying roughly $70, that’s the actual price paid, for our subscription; for 52 weeks a year. And we’re able to sustain the circulation and in fact, the advertising, for 52 copies per year. And almost all of our weekly competitors in the entertainment and celebrity space are able to do that as well.

We do have a number of competitors that have double issues and so have lowered their frequency, but it’s still in the mid to high 40s, forty copies going out there. In fact, and this is fact not fiction, there is an audience out there buying hundreds of thousands of copies a week in our space, when the suggestion is that they could be getting much of this content online for free. So, there’s clearly a perspective, a point of view, a treatment, a community of celebrities that we include; how we approach them and frankly, how each one of these properties addresses this audience, is different.

To the untrained eye it may not be apparent, but our duplication among the magazines, let’s say, each one of us has a different statistic, but it’s between 15 and 18 percent on average, which in the scheme of things is very, very low in terms of duplication. If you look at some of the fashion/beauty books, some of those duplications can be in the 30 percentiles or women’s service books, again between 20 and 30 percent duplication.

So, the fact remains that our category is still quite vibrant and able to sustain this number of magazines every week. And I would tell you that Us Weekly, I do believe and continue to believe, that Us Weekly’s continued success, which originated with Jann Wenner’s initial vision for Us Weekly, remains today, 18 years later. We launched as a weekly 18 years ago in March, it’s hard to believe.

But today what drives us weekly and one of Jann’s initial comments to me, in terms of how he saw Us Weekly differing from our prime competitor at that time and even today, People magazine, is that he said, you know, a lot can happen in a week. And if we continue to focus our editorial perspective and objective on that kind of currency, in things that happen here and now, we will continue to win. And that has been a driving piece of our brand equity even today.

If you come on Us Weekly’s site on The Stylish channel, one of our strongest portfolios is called About Last Night, and it is a photo gallery of celebrities and what they looked like, fashion and beauty, in real time, updated every day. Or if it’s in the pages of Us Weekly, most of that editorial content happened in the last five to seven days. And if there is a rare occasion where a story isn’t yet fully baked or we decided that there’s something else that needed to go in its place, we rarely post that story only to run it the following week, because it won’t have the same sense of currency and urgency that it needs to have.

And that’s how Us Weekly continues to stay relevant to our audience. And integrity also drives that, or transitioning overtime, integrity, credibility, those are the demands of our audience. And as long as we continue to provide true news in an era of fake news, I think we will continue to thrive as we are today.

Samir Husni: Why are there less of your success stories out there in the media, in the general magazine media environment, than all of the doom and gloom stories that we hear about magazines and magazine media?

Vicci Rose: The proliferation of new products, new digital products, new software; the average CMO (chief marketing officer) today would be bombarded by not just six or seven entertainment magazines and 10 fashion and beauty magazines and the Seven Sisters. I mean, they are bombarded with thousands of alternatives today. So, I think in many cases, the decisions and the interaction with the publishing community has really been largely deferred to the advertising agencies. And they too have taken on such tremendous responsibility, as well as seeking new revenue streams.

And so I think the combination of the proliferation of alternatives, squeezing the dollars allocated to marketing, and again, we have a lot of clients that now within their marketing channel have so many objectives, high funnel, low funnel, where they’re judged, how they’re judged, how the executives themselves are compensated.

I think you’re very right, and frankly, this is what keeps me up at night. My greatest concern is how do I break through? How do we as an industry break through? How do we gain the attention of the ultimate decision makers for the funds? Thankfully we have a very strong leader in Linda Thomas Brooks at the MPA, and she has tremendous client-side perspective, agency-side perspective, and I think she’s doing an incredible job at breaking through that gauntlet.

But we’re not there yet. And I think we need very resilient and tenacious leaders in our industry who understand and will make this effort daily. And with no change in our resolve. Working with Linda and seeing her new presentation has given me personally the resolve and my team the resolve.

And as I mentioned to you, we have now adapted our presentation to include many of the facts and the findings that the MPA has given us. And I would tell you that in the last couple of weeks, since we decided to redirect a portion of our efforts to the “why print” equation, it’s always been implicit in what we’re selling, but now it’s “why print” as part of the larger picture. We have had tremendous response on both the strategy side of the agencies and certain key clients. We’re very, very excited about what we’re seeing now.

And it may be good timing. As you said earlier, there are many clients that are scratching their heads and saying, oh my gosh, we rushed into digital and now we have to think about where that true balance should be. And we may be coming in at just the right time to help them see that the balance is the prudent course.

Samir Husni: I tell my students that when digital exploded onto the scene in 2008, she became the mistress that no one could resist, while print was that faithful and steadfast spouse. People began spending all of that money on the mistress, digital, meanwhile there was the spouse, print, asking the question: what is she giving you for your money?

Vicci Rose: (Laughs) Well, it’s interesting, there’s no question that digital, when it’s done right and with integrity…I always think, how did we end up here? The publishers have always had these tremendously solid relationships with our agencies and with our clients. And so, how did we lose so badly? You’re anecdote here is a perfect one for this because here we were, loyal, supportive; all of the editorial mentions that the editor is independent of commercial investment. And the support we’ve given over the years, yet, there was this shiny new object, the one that was thought to be the more exciting of the two.

But I do feel that there is tremendous value. Us Weekly alone, for example, our own Google Analytics are roughly 30-35 million unique visitors a month that come to Us Weekly. But they go 350-400 million pages deep in our site. In fact, we are thrilled, we’ve worked really hard to develop the kind of relationship in the digital platform that would allow this audience, not only to come to usmagazine.com, but to come daily, multiple times per day.

But we do believe that there is a different experience, that the reader or the visitor has very different expectations when they come digitally. There are so many pages, there are so many galleries and videos. And when they come to the pages of the magazine, they have a much more curated view. Tina Brown once said that when she starts at the front of the magazine and she ends at the end of Us Weekly, she knows everything that she needs to know about those 20 to 30 people that everyone is talking about right now. It was many years ago that she stated that, but that’s still true today.

So, there is a different promise in the pages of the magazine than there is in digital, which allows us to really update the information minute-by-minute. And our content leadership, Dylan Howard, Jen Peros, our Style and Beauty director, Gwen Flamberg; they’ve done a tremendous job at really delivering on that expectation on the part of our audience. Far surpassing my expectations in a relatively short period of time since we transitioned to AMI’s ownership.

And while it was a challenging transition just in moving from one corporate culture to another, the commitment was very clear from the get-go. David (Pecker) understood the difference in our property; he understood how important the relationship with our digital audience was and continued to allow us to invest time, energy and resources in delivering. And I’m very excited to say that February, while the comScore for February isn’t out yet, it should be one of our largest comScore audiences in the last five years.

Samir Husni: If I showed up unexpectedly at your home one evening after work, what would I find you doing? Having a glass of wine; reading a magazine; cooking; watching TV; or something else?

Vicci Rose: I think all of the above. (Laughs) If you came to my house, you would probably find me somehow connected with my work. While I’m probably not proud to say it, other than my family and my twins, who are turning 21 soon, I am really totally immersed in what I do. But luckily that immersion does include a very significant and substantial immersion in pop culture and entertainment. I see a tremendous amount of movies; I watch a tremendous amount of television across the full spectrum: broadcast, cable, streaming.

I do have my projects that I’m absolutely obsessed with and I look forward to them and I support that through some of the social media that I see. I am also obsessed with cooking and that landscape, both digitally and in print. And if I go to bed at night, even if I may turn off the lights between midnight and 2:00 a.m., I’m always reading a book, if albeit only a very few pages before I go to sleep.

So, I would tell you that is where I find my personal enjoyment, and the boring of the lines between work and relaxation are just fine with me.

Samir Husni: If you could have one thing tattooed upon your brain that no one would ever forget about you, what would it be?

Vicci Rose: I think I’d like to have people think of me as their partner, a real consultative, professional who is dedicated and enthusiastic about what I do 12 and 14 hours per day. And that they can trust me to be a really committed and productive partner. I think that’s true with my dedication and my commitment in everything I do. I’d like that to be my legacy.

Samir Husni: My typical last question; what keeps you up at night?

Vicci Rose: Two things, I have to be honest. One is, as we said earlier, how do we get the market to see the true value of print, which is there for them to see, it’s just a question of breaking through. And the other side of the equation, which is something that does plague all of us in the business, not only on the print side but also on the pure play digital, how do we accelerate the adoption of audiences to pay for the content they are consuming? Some are doing it well, others are doing it even more brilliantly, but as an industry we have not yet after 20 years or more, we have not as an industry solved this challenge.

So, that is another one that keeps me up at night as I watch more and more of my audience, and I’m thrilled to see the growth in those audiences, but the burden on advertising is just too great to sustain it for the next 20 or 30 years.

Samir Husni: Thank you.

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Meredith’s Magazine President Doug Olson To Samir “Mr. Magazine™” Husni: “In Its Simplest Form, My Elevator Pitch Is We’re Playing To Win Versus A Lot Of People Who Are Playing Not To Lose.” A Mr. Magazine™ Exclusive First In-Depth Interview With Doug Olson.

March 10, 2018

A Mr. Magazine™ Exclusive

“We’ve made a pretty big bet that magazines are not going out of style with our acquisition of the Time Inc. portfolio of brands. We continue to be very excited about the future of these brands in all platforms, whether it’s in print or digital or social. Allrecipes is a perfect example of one of the brands that we took from digital and turned it into print, so obviously it has a very large footprint in digital, but the print continues to grow.” Doug Olson…

“At the end of the day, I think the beauty of the new Meredith Corporation is that we understand there is some transitioning or shifting going on, but we believe we’re in a place to participate in that too. But at the end of the day, if you want to reach consumers in a very credible way, we also have these big brands that have lots of tentacles on them, including a very large print footprint. It’s really interesting to me that a lot of these social media people keep coming to us because they want to have a print presence, because it legitimizes their social standing. If they can see it in print, it confirms that they made it.” Doug Olson…

As a diversified, publicly-held company, Meredith Corporation encompasses a vast array of magazines and magazine media entities that vary from its female-oriented consumer brands, such as Allrecipes and Better Homes & Gardens, to its expanded reach through acquisitions and strategic partnerships, such as its recent purchase of Time Inc. Meredith is now the largest magazine media company in the country.

Meredith’s Magazine President Doug Olson, is excited about the incoming titles that Time Inc. brings to the table, and is ready to roll up his sleeves and get busy. The future looks very bright indeed for Meredith and the additional family members it has brought into the fold.

I spoke with Doug recently, for his first in-depth interview, and we talked about the Time Inc. acquisition and about the legacy Meredith and what this new endeavor could and would mean for the company. Doug is a firm believer in print, and he’s also an advocate for digital and all of its many extensions, from social media to online. And for the partnerships that pump new blood into the legacy company that keeps defying the odds and launching new print magazines, many of them from former digital-only entities. In Doug’s own words: “If they can see it in print, it confirms that they made it.” Print Proud Digital Smart, indeed.

So, I hope that you enjoy this conversation with a man who believes in his brands, all of his brands, both new and old, and believes in his company and says the differentiator between Meredith and many others is, Meredith doesn’t just play to not lose, Meredith plays to win – the Mr. Magazine™ exclusive interview with Meredith’s Magazine President Doug Olson.

But first the sound-bites:

On whether he thinks magazines are really going out of style or if there’s been a rebirth: Honestly, we’ve made a pretty big bet that they’re not going out of style with our acquisition of the Time Inc. portfolio of brands. We continue to be very excited about the future of these brands in all platforms, whether it’s in print or digital or social. Allrecipes is a perfect example of one of the brands that we took from digital and turned it into print. It obviously has a very large footprint in digital, but the print continues to grow. While the Magnolia Journal gets a lot of press these days, the Allrecipes brand has been very successful as well, especially given its origin within digital. It’s up to almost 1.3 million subscribers; it’s one of the brands that has been meeting its numbers every single year since we launched it.

On how he feels going into the marketplace knowing that Meredith is now the number one magazine media publisher in the United States: We think we’ve been the efficient operator in the marketplace for some time and that’s one of the reasons that we got the opportunity to own these great brands. But we understand our standing in the magazine world, if you will, has changed. It’s one that we embrace; we certainly respect it. But at the same time, we’re going to keep doing what we’ve been doing. We think we do a lot of X’s and O’s, blocking and tackling, just back to the basics to help advertisers sell more products or get their brand messages out to consumers. And that’s what we’ve done since the beginning on this thing, and that’s what we’re going to continue to do.

On how it feels to be in charge of the largest group of magazines in the country: It feels great. There are really five of us that have worked on this for over five years. I was in the initial meetings when we tried to jar these great brands loose from Time Warner back in 2012. And we’ve stuck with it and now we’re here. Again, we respect how big the task is, but at the same time we’ve got great people at legacy Meredith and there are some really good talented people at the incoming Time Inc.’s stable of brands and its employee base. We think that together the combination will be dynamite.

On whether the titles of publisher and editor may be coming back to the newly acquired Time Inc. titles: We’re strong believers in that someone has to get up every single day and focus on the individual brand. At Meredith, everyone is an integrated seller, it’s just to what degree do they focus on print versus digital and some of the other advertising mediums that are out there now. So, we want to take the best of both organizations…there are some things at the incoming Time Inc. organization that were working pretty well in the marketplace. There were a lot of things, especially around People magazine, that have been very vibrant for them. They’ve done a great job of focusing on what really throws off a lot of revenue and a lot of profit for the old Time Inc..

On how it feels to have weeklies now, such as People magazine: It’s definitely different for us, but the great news is there is a lot of expertise on the weeklies that exist in the acquired organization and we’re clearly leveraging their expertise. We admire the People brand. Obviously, as you mentioned, it’s the largest in the U.S., probably the largest in the world, if you really get down to it. But we’ve also run a very large brand ourselves called Better Homes & Gardens, which has a lot of multiplatform tentacles hanging off of it; a huge licensing program at Walmart, and a very large special interest media stable of brands that we sell on the newsstand. We’ve got a very large digital presence, so we’re used to overseeing and managing very large brands, but clearly People is at the next level.

On recent comments CEO Tom Harty made about increasing rates, cutting frequencies and reducing circulation, mainly due to the postal service: We stand by his comments that if such a large increase is passed on to an industry in one fell swoop, especially the way they’re talking about it, then there’s going to be some kind of fallout. You can’t continue to do what you’ve been doing, business as usual, with such a large increase in your expenses.

On the rumors that Meredith wants to be purely a women’s magazine publishing company: First of all, I don’t think people understand that we actually have some other men’s titles within the legacy Meredith stable. Successful Farming actually started the company and is very much aimed at mostly males, although there are more and more females that are operators in that space these days. Wood Magazine is another one. We do a fair amount of custom printing things along the way for some male audiences as well.

On whether he feels Meredith and Hearst are in a race when it comes to new magazines or new partnerships: I think Hearst is a very formidable competitor. They have some great brands over there as well and some really good people. I would say that they have chosen a path and we’ve chosen a slightly different path. We think brands matter tremendously and I think they do too, but we’ve put our money on brands that are some of the biggest in the world, and they went after some smaller ones, what we would call tuck-in acquisitions. I think both strategies are good strategies. It’s great to have a strong competitor, to be honest with you. It makes us better if we have a strong competitor.

On whether this year will see a calmer Meredith after the Time Inc. acquisition or 2018 will be full-steam ahead: We’ve shared with our shareholders, our board and our leadership team that this is really a two-year journey. This is a big undertaking; we want to get it right and take our time. We want to get the cost structure in line with the realities in the marketplace, and we don’t think we can do that in one fell swoop. We have to be very iterative. We’re doing some things now that are going to give some clarity to the marketplace as to who is covering their account and who they need to talk to. And we have to make sure that we get all of our brands covered, so that there are not brands lost in the shuffle.

On whether Meredith doubled or tripled his salary with the all of the added responsibilities: (Laughs) I would love it if you would send an email with that in it to Tom Harty. (Laughs again)

We think that we’ve embraced the realities of the marketplace over the last few years. And we believe that we’re very competitive and we’re going to be an employer of choice when all is said and done here. And I think there’s a lot of people at the incoming Time Inc. who are looking forward to some really good, solid leadership. They have great career opportunities in front of them. We haven’t even talked about how awesomely the content generation mechanism of this organization is. The editorial and the content production that we do is second to none.

On whether he is spending a lot of time now shuttling between New York and Des Moines: Yes, we’re spending a lot of time on the new business, but at the same time we have our existing legacy Meredith business to also run. The great thing is I have really good people who work for me and throughout this organization. We’ve asked everybody to step up and do more. We want to learn as much as we can of what was happening in a real positive way at the old Time Inc. and not lose that in all of the things we do. But clearly there will be some changes, and we’re going to put the best possible team on the field to go out and deal with the new realities of this marketplace, which is a lot tougher than it used to be.

NEW YORK, NY – FEBRUARY 06: Doug Olson, president, Meredith Magazines accepting The Launch of the Year Award from Samir “Mr. Magazine™” Husni at the American Magazine Media Conference 2018 on February 6, 2018 in New York City. (Photo by Ben Gabbe/Getty Images for The Association of Magazine Media)

On the biggest stumbling block they faced during this transition and how they overcame it: That’s a good question. We’re not past it yet, we’re in the early stages. The easy part is actually done. The hard part now is making sure that we execute it the way we drew up the plans. But I think the biggest stumbling block was just getting everyone to believe and see what we see. That we see some great brands, that print is still a very big piece of an advertiser’s success moving forward. All of these great platforms, that large digital business that we have now between the two organizations puts us at number six for all unduplicated, unique visitors in the country.

On what someone would find him doing if they showed up unexpectedly one evening at his home: With all of the traveling that I do, it’s probably talking to my wife with a glass of wine in hand. We like to record some TV shows. For example, I hope no one lights me up over this, but we like to watch The Voice. That and we’re huge sports enthusiasts, so we like to go watch basketball and hockey games, volleyball and football, obviously. Anything except baseball regular season. I can’t do that. I try to go to the playoff games, but I can’t watch regular season baseball. Anything else sports-wise, we’re in. We’re also big water people, so we do a lot of wakeboarding, skiing, boating and tubing, and things like that. Only in the summertime, of course, in Iowa.

On what he would have tattooed upon his brain that would be there forever and no one could ever forget about him: I take this lead from my father who passed away last October. My dad always treated everybody the same. It didn’t matter if they were the CEO of the company or the person who was delivering the mail, he always treated people the same. And that’s what I try to do. So, I hope that people would say he was fair and treated everyone the same.

On what keeps him up at night: The biggest thing that keeps me up at night is the advertising marketplace. I struggle sometimes as to why advertisers put their money where they put it. We have all of the platforms and we feel really good that if an advertiser has a need, that we can help them solve whatever issue they’re trying to tackle. To me, some of this is all about attitude. The people who tend to work for us are very resilient; they’re very good at what they do. They get out there no matter what they’re told, even if they get a 15-minute meeting that was supposed to have been an hour and it gets shortened because of other commitments that the advertiser or agency has. They do their best to get the message out there. We can help sell more products and improve their brand.

And now the lightly edited transcript of the Mr. Magazine™ interview with Doug Olson, Meredith’s Magazine President.

Samir Husni: It was recently announced that Allrecipes has the fifth largest magazine media audience on a monthly average, 54 million. That’s double the number of people who watched the Oscars. As president of Meredith Magazines, what do you think the status of magazines is today? Are they really going out of style or has there been a rebirth; what’s going on?

Doug Olson: Honestly, we’ve made a pretty big bet that they’re not going out of style with our acquisition of the Time Inc. portfolio of brands. We continue to be very excited about the future of these brands in all platforms, whether it’s in print or digital or social. Allrecipes is a perfect example of one of the brands that we took from digital and turned it into print. It obviously has a very large footprint in digital, but the print continues to grow. While the Magnolia Journal gets a lot of press these days, the Allrecipes brand has been very successful as well, especially given its origin within digital. It’s up to almost 1.3 million subscribers; it’s one of the brands that has been meeting its numbers every single year since we launched it.

Samir Husni: Meredith’s chairman, Steve Lacy, told the Wall Street Journal that when he asked a reporter to guess how many Better Homes & Gardens printed 10 years ago versus how many it prints today…(Laughs) and we know of course, the answer is the same exact number.

Doug Olson: Yes, eight million.

Samir Husni: Eight million. So, when you go to the marketplace, and with Meredith now being the number one magazine media publisher in the United States, do you feel like the weight of magazine media is full on your shoulders or do you feel like you’re the defender of magazine media, or you’re just riding the wave?

Doug Olson: We think we’ve been the efficient operator in the marketplace for some time and that’s one of the reasons that we got the opportunity to own these great brands. But no, we understand our standing in the magazine world, has changed. It’s one that we embrace; we certainly respect it. But at the same time, we’re going to keep doing what we’ve been doing. We think we do a lot of X’s and O’s, blocking and tackling, just back to the basics to help advertisers sell more products or get their brand messages out to consumers. That’s what we’ve done since the beginning, and that’s what we’re going to continue to do.

And from a consumer perspective, what you brought up; we still do an eight million print run of Better Homes & Gardens today just like we did 10 years ago. You can pretty much look across our portfolio and it’s the same thing. Newsstand clearly has been challenged in the industry, but we’re one of the publishers, until recently with the Time acquisition, that really hasn’t relied that heavily on newsstand. And so our consumer metrics have never been stronger when you look at it across the board.

Samir Husni: I know that Steve Lacy took about four or five years to buy Time Inc., but for you, as president of Meredith Magazines, did it feel like you went to sleep one night and woke up the next morning in charge of the largest group of magazines in the country? How does that feel?

Doug Olson: It feels great. There are really five of us that have worked on this for over five years. I was in the initial meetings when we tried to jar these great brands loose from Time Warner back in 2012. And we’ve stuck with it and now we’re here. Again, we respect how big the task is, but at the same time we’ve got great people at legacy Meredith and there are some really good talented people at the incoming Time Inc.’s stable of brands and their employee base. We think that together the combination will be dynamite.

We have to go through this period where we get our go-to-market messaging correct and we have to get the right team on the field. Basically, we’re pivoting to change the sales structure as we speak. We told the marketplace that in roughly 60 days it would be business as usual from when we closed on January 31. Toward the end of March people are expecting to hear from us again. We’re working really hard to pivot this large portfolio and this big sales force to capitalize on the market.

Samir Husni: With all of the changes that took place at Meredith and venturing from print to multiplatform to capturing the audience, the consumers, you’ve never changed the structure. You kept the publisher as the title of publisher; you kept the editor as the title of editor. There is some talk or some quotes from Tom Harty and maybe others that those titles are coming back to the newly acquired magazines.

Doug Olson: We’re strong believers in that somebody has to get up every single day and focus on the individual brand. At Meredith, everyone is an integrated seller, it’s just to what degree do they focus on print versus digital and some of the other advertising mediums that are out there now. So, we want to take the best of both organizations…there are some things at the incoming Time Inc. organization that were working pretty well in the marketplace. There were a lot of things, especially around People magazine, that have been very vibrant for them. They’ve done a great job of focusing on what really throws off a lot of revenue and a lot of profit for the old Time Inc..

We think that we do some things particularly well; we’ve really stuck to our X’s and O’s blocking and tackling, if you will, uncovering the market, while everybody else in the marketplace was going through some kind of change, we just stuck with it. And we believe our secret sauce is working together, regardless of how we’re organized. The people who work at the legacy Meredith Corporation understand that we’re going to work together. So, if we need someone who has a little more expertise in shopper marketing, we bring them in and utilize them. At the end of the day, I think the structure is important, but I don’t think structure should get in the way of your ability to be successful.

Samir Husni: You mentioned People magazine and of course, it’s the number one moneymaking magazine in our country, both from circulation and from advertising, or at least it used to be for years. How does it feel to suddenly have weeklies now?

Doug Olson: It’s definitely different for us, but the great news is there is a lot of expertise on the weeklies that exist in the acquired organization, and we’re clearly leveraging their expertise. We admire the People brand. Obviously, as you mentioned, it’s the largest in the U.S., probably the largest in the world, if you really get down to it. But we’ve also run a very large brand ourselves called Better Homes & Gardens, which has a lot of multiplatform tentacles hanging off of it; a huge licensing program at Walmart; a very large special interest media stable of brands that we sell on the newsstand. We’ve got a very large digital presence, so we’re used to overseeing and managing very large brands, but clearly People is at the next level.

Samir Husni: Recently, Tom Harty made comments about possibly increasing rates, cutting frequencies and reducing circulation, mainly due to the postal service, can you comment on that?

Doug Olson: We stand by his comments that if such a large increase is passed on to an industry in one fell swoop, especially the way they’re talking about it, there’s going to be some kind of fallout. You can’t continue to do what you’ve been doing, business as usual, with such a large increase in your expenses.

Samir Husni: The last time I spoke with Tom, he mentioned that, because a lot of the talk in the industry was that Meredith was going to sell whatever is not aimed at women, whatever isn’t a women’s title, and Tom told me that Meredith was going to look at everything: men’s, women’s; you name it, although your expertise is in women’s titles. Can you put those rumors to rest, that you’re not going to be just a pure women’s magazine company?

Doug Olson: First of all, I don’t think people understand that we actually have some other men’s titles within the legacy Meredith stable. Successful Farming started the company and is very much aimed at mostly males, although there are more and more females that are operators in that space these days. Wood Magazine is another one. We do a fair amount of custom printing things along the way for some male audiences as well.

What I would say is that we’re looking at everything, like Tom said. Five years ago there were a lot of rumors that we didn’t want to buy the news and sports business – because we didn’t. But a lot has changed in the last five years. Those businesses have really nice digital extensions now and big audiences. When we say we’re looking at the portfolio in totality, we have to, because we have so many great brands in this stable and we want to make sure we put our best foot forward when we go to market.

But we’re a publicly-traded organization and so anything that makes money, obviously is high on our list. We don’t run brands that are unprofitable very long, so when we look at the new realities in the marketplace, we’re looking at it from all angles. How important is the digital business on some of these brands? What does their print future look like? Rate base, frequencies; there’s a lot to look at. We haven’t come to any conclusions yet, because we’re right in the middle of the analysis.

Samir Husni: Meredith and Hearst have been bringing in a lot of new magazines and entering a lot of new partnerships. Just before you bought Time Inc. you launched Hungry Girl with a partnership with the Hungry Girl, Lisa Lillien. Do you feel that you’re in a race with Hearst or the two of you are just happy to be the number one and number two in the magazine media field?

Doug Olson: I think Hearst is a very formidable competitor. They have some great brands over there as well and some really good people. I would say that they have chosen a path and we’ve chosen a slightly different path. We think brands matter tremendously and I think they do too. But we’ve put our money on brands that are some of the biggest in the world and they’ve went after some smaller, what we would call tuck-in acquisitions. I think both strategies are good strategies. It’s great to have a strong competitor, to be honest with you. It makes us better if we have a strong competitor.

Samir Husni: You’ve been so busy with the acquisition and you said that you had 60 days before it was back to business as usual, so will we see a calmer Meredith this year while you gather all the pieces, or you’re still going to be full-steam ahead?

Doug Olson: We’ve shared with our shareholders, our board and our leadership team that this is really a two-year journey. This is a big undertaking; we want to get it right and take our time. We want to get the cost structure in line with the realities in the marketplace, and we don’t think we can do that in one fell swoop. We have to be very iterative, if you will. So, we’re doing some things now that are going to give some clarity to the marketplace as to who is covering their account and who they need to talk to. And how do we make sure that we get all of our brands covered, so that there are not brands lost in the shuffle.

We’re working really hard on our organizational structures and what that’s going to look like over time, and we are doing it in a very controlled and managed fashion. It’s not going to be 60 days and that’s it, and then move on to greener pastures. We have a lot of work to do. We have some trends that we need to reverse, mostly with advertising. We’re going to have to roll up our sleeves and get back to those X’s and O’s, blocking and tackling, that we’ve been talking about. It all starts with clarity to the people that work in our organization and clarity to the marketplace.

Samir Husni: With the extra responsibilities that you have and the extra titles under your belt, and there was a lot of talk in the industry when Tom’s salary was revealed and how much less money it was compared to previous CEOs and other CEOs in the magazine business, because of all of these extra responsibilities, did Meredith double or triple your salary?

Doug Olson: (Laughs) I would love it if you would send an email with that in it to Tom Harty. (Laughs again)

Samir Husni: (Laughs too).

Doug Olson: We think that we’ve embraced the realities of the marketplace over the last few years. We believe that we’re very competitive and we’re going to be an employer of choice when all is said and done here. And I think there’s a lot of people at the incoming Time Inc. who are looking forward to some really good, solid leadership. They have great career opportunities in front of them. Like I said, everyone is an integrated seller.

We haven’t even talked about how awesomely the content generation mechanism of this organization is. The editorial and the content production that we do is second to none. It’s amazing. We cover a lot of different categories, readers’ patch and points. The people who create this great content every single day, as I meet more and more of them, are really tremendous resources and really good people.

We’re intentionally leaving the editorial alone for now and really focusing on the sales and marketing and some of the support organizations. We don’t want to get in the way of producing great content.

Samir Husni: Tell me how you’re spending your time now? Are you shuttling between downtown New York and Des Moines?

Doug Olson: Yes, we’re spending a lot of time on the new business, but at the same time we have our existing legacy Meredith business to also run. The great thing is I have really good people who work for me and throughout this organization. We’ve asked everybody to step up and do more. We want to learn as much as we can of what was happening in a real positive way at the old Time Inc. and not lose that in all of the changes. But clearly there will be some changes and we’re going to put the best possible team on the field to go out and deal with the new realities of this marketplace, which is a lot tougher than it used to be.

Samir Husni: If you had to pick one major stumbling block that faced this entire transition, what would that be and how did you overcome it?

Doug Olson: That’s a good question. We’re not past it yet, we’re in the early stages. The easy part is actually done. The hard part now is making sure that we execute it the way we drew up the plans. But I think the biggest stumbling block was just getting everyone to believe and see what we see. That we see some great brands, that print is still a very big piece of an advertiser’s success moving forward. All of these great platforms, that large digital business that we have now between the two organizations puts us at number six for all unduplicated unique visitors in the country.

Turning around advertising is huge for us. We need the entire portfolio to be more in line with what the legacy Meredith business is doing. Continuing to build digital is high on our list because six is great, but Facebook and Google at number one and number two, depending on which article you read, take anywhere from 65 to 80 percent off the top. And we have to continue to get scale and be innovative there so people want to turn to us at the same time they’re turning to Facebook and Google.

And when you’re doing all of these things at the same time, there are a lot of moving parts. I always describe it to my staff as we’re trying to change the tire on the car as we’re going 80 mph down the interstate.

Samir Husni: And if anyone can, Meredith can.

Doug Olson: We hope so. We’ve made a very large bet and the Meredith family has entrusted the management team and the board here has entrusted the management team to make this successful and we think we’re off to a good start. But like I said, it’s early days and a lot of work in front of us still.

Samir Husni: If I showed up unexpectedly at your home one evening after work, what would I find you doing? Having a glass of wine; reading a magazine; cooking; watching TV; or something else?

Doug Olson: With all of the traveling that I do, it’s probably talking to my wife with a glass of wine in hand. We like to record some TV shows. For example, I hope no one lights me up over this, but we like to watch The Voice. That and we’re huge sports enthusiasts, so we like to go watch basketball and hockey games, volleyball and football, obviously. Anything except baseball regular season. I can’t do that. I try to go to the playoff games, but I can’t watch regular season baseball. Anything else sports-wise, we’re in. We’re also big water people, so we do a lot of wakeboarding, skiing, boating and tubing, and things like that. Only in the summertime, of course, in Iowa.

Samir Husni: If you could have one thing tattooed upon your brain that no one would ever forget about you, what would it be?

Doug Olson: I take this lead from my father who passed away last October. My dad always treated everybody the same. It didn’t matter if they were the CEO of the company or the person who was delivering the mail, he always treated people the same. And that’s what I try to do. So, I hope that people would say he was fair and treated everyone the same.

Samir Husni: My typical last question; what keeps you up at night?

Doug Olson: The biggest thing that keeps me up at night is the advertising marketplace. I struggle sometimes as to why advertisers put their money where they put it. We have all of the platforms. We believe that if an advertiser has a need, we can help them solve whatever issue they’re trying to tackle. To me, some of this is all about attitude. The people who tend to work for us are very resilient; they’re very good at what they do. They get out there no matter what they’re told, even if they get a 15-minute meeting that was supposed to have been an hour gets shortened because of other commitments that the advertiser or agency has. They do their best to get the message out there. We can help sell more products and improve their brand.

We have this sales guarantee and it just always kind of blows my mind that more people don’t take advantage of that. We guarantee they will have more ROI if they put enough advertising into a national campaign. We can move the needle for them. They have a lot of choices, obviously, there’s a lot of experimentation, but I think there has been a lot of money put toward the things that really don’t move the needle. And I’m always struggling with why they don’t go back to what is proven. Whether it’s our digital or print, we’re going to stand behind it if they put a big enough campaign in the marketplace. Why would you not take a sure thing?

When people say, gee, my boss told me that we can’t do print anymore because print is dead, I don’t know what they’re really looking at to come to that conclusion. Other than a whole bunch of social media, which we know is not always exactly on point with the truth.
At the end of the day, I think the beauty of the new Meredith Corporation is that we understand there is some transitioning or shifting going on, but we believe we’re in a place to participate in that, too. If you want to reach consumers in a very credible way, we have these big brands that have lots of tentacles on them, including a very large print footprint. It’s really interesting to me that a lot of these social media people keep coming to us because they want to have a print presence, because it legitimizes their social standing. If they can see it in print, it confirms that they made it.

One of the things that’s important to me is that we’re playing to win. In its simplest form, my elevator pitch is we’re playing to win versus a lot of people are playing not to lose. You can use any sports analogy that you want on that sentence, but the people who play not to lose generally lose.

Samir Husni: Thank you.

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SELF’s Brand Forecast: Digital With A Chance Of Print, The “Digital-Led” Brand That Still Believes In Print & A Multiplatform Existence – The Mr. Magazine™ Interview With Carolyn Kylstra, Editor In Chief, SELF…

March 8, 2018

“We call ourselves digital-led rather than digital-only because our approach to the brand is, what do we need to do to provide our audience, to provide our readers and viewers and the people who care about us with the products they need that will help them the most? And then the business can sustain. The truth is a print product is not out of the picture in the future, whether it’s in the form of an occasional SIP or something more regular; it’s something that we need to consider. There’s always going to be a place for print within the brand at some point.” Carolyn Kylstra…

Since 1979, Self has been helping its readers attain health and wellness through fitness, nutrition, and overall happiness, to become one of the ultimate authorities on the subjects. The Condé Nast brand has been a staple in the marketplace ever since, but in 2016 the company made the difficult decision to fold the print edition of the brand, opting to keep the digital properties and to publish occasional special print editions around multiple health and wellness-related moments.

The brand’s editor in chief, Carolyn Kylstra, said the brand prefers “digital led” to digital-only, and the reason behind that phrase is because the brand still believes in print and in a multiplatform existence, not just a website. In order to continue the meaning behind the brand’s mission, according to Carolyn, which is helping people feel better, being multiplatform is the only way to succeed in today’s marketplace and provide the same factual, entertaining and helpful information the brand has always given to its loyal audience. Print Proud Digital Smart fits Self to a Tee.

So, I hope that you enjoy this conversation with a woman who has come a long way from her days as an entry level employee in this business of magazines and magazine media, just a short 10 years ago, the Mr. Magazine™ interview with Carolyn Kylstra, editor in chief, Self.

But first the sound-bites:

On the transition from digital + print to digital-only: We like to think of it as digital-led, rather than digital-only, because print as a product isn’t something that we’re 100 percent giving up on, we’re just changing the business model. The transition was, obviously, intense, scary and upsetting. It was a big change. I grew up reading Self and it was one of my favorite magazines when I was younger. I got it every single month. I have so much respect for the heritage of the brand and a huge amount of nostalgia.

On whether she thinks changes in digital, such as Snapchat, is helping the platform reinvent itself and in turn is helping digital brands such as Self to sustain and continue: I think again, it’s looking at what the business can sustain, and it’s looking at what makes sense for the audience that you have at that given moment in time. Self has grown. We’ve grown since the print folded. We’ve added people for Snapchat; we’ve added people for social; we’ve added people for video. Obviously, this was a business decision, but it was one that Condé Nast, to their credit, they’ve been incredibly supportive and they’ve given us the resources that we need to be successful in digital.

On whether she ever sees Self following in Wired’s footsteps and charging for its digital content: For Self, it’s something that we’re always talking about. I think paywalls are so smart and so interesting, and I find them really hopeful. They’re just so optimistic, especially in this environment; the media environment right now is so anxiety-inducing. And launching a paywall is just such an optimistic choice because it says that we know that our content is so differentiated and that our audience is so engaged that they are willing to pay for it. And the better our content is, the more willing they will be to pay for it, etc.

On whether the curation and branding process is the same for Self without the print product: The way that I think about it and the way that we talk about it internally is that when we made the decision to no longer publish in print regularly as a subscription product, it forced us to kind of go back to the drawing board. There’s a difference between running a website and running a brand. And the work that we did at the beginning of last year, after the print folded, was figuring out how we take this operation where we were running a website, making sure that we were getting a certain amount of traffic, hitting our KPIs, etc., how do we turn it into something where this is a brand? Where you no longer have that beautiful, incredibly high quality print product that people can hold onto. This is what the brand is and you need something to replace it among your consumers, in the industry; people need to be able to say this is what the brand stands for.

On whether her life is easier now that there are no print deadlines to worry about or she has more deadlines than ever before: That’s a really good question. I came from print originally. I worked at Men’s Health and Cosmo on print before I went fully digital. There are deadlines for everyone. (Laughs) With digital it’s a different type of deadline. Something that we’ve actually been working on this year is, we’ve made the intentional decision, and I think it was February of last year, to stop chasing aggregated news. It was driving a lot of traffic; it was important for the website, but thinking again about what the brand stands for, I kept coming back to the questions, why are we writing about this; what is this serving, in terms of our mission; is this serving our mission?

On whether there was an “A-ha” moment when she knew they had to stop chasing news and treat the website like a brand instead of an aggregated news site: There wasn’t really an “A-ha” moment. One of the things about working in digital, or honestly just working in today’s media environment at all, is that you have to always iterate. You have to look at what’s working, what’s not working; what’s working today isn’t necessarily going to work next week or in two months. (Laughs) Over the first six months, thinking about how we could grow this business, knowing that the realities of today’s media business, what they are, and knowing that the strongest brands are the ones that have the most loyal audiences, it just made sense. It just made sense to make sure that whatever we were putting out there was content, our information, our experiences, our products, or tools that people would find incredibly useful and that they would be emotionally attached to.

On Self’s ability to monitor the audience that may be monetized from their web content and the audience that has no monetary potential at all: We have really wonderful insights and data and analytics. And a lot of information about who we’re talking to and who’s spending time and who’s looking at multiple stories when they’re on the website. Or who’s consuming our content on Instagram or on Snapchat. I think, in a sense, it’s almost easier today than it used to be to understand your audience and understand what resonates with them. And to figure out how to serve them better.

On whether she still feels the same anxiety today as she did when the print component of Self folded: We still exist in the current media environment. I want to clarify that when the magazine folded, I wasn’t worried about the brand. I wasn’t worried that the brand wasn’t an important brand or that people didn’t love it. My main concern was what this said in the marketplace and the fear that our readers might say that since they no longer had the magazine, they weren’t interested. I was quickly disabused of that, because again, our readership has grown. And our engagement has grown and the timespan has grown.

On how her background in print has helped or hindered her since moving to digital: It was so important. I started out at Men’s Health and then I was at Cosmo and I learned so much from really incredible editors at both brands. My first fully digital job, because I did digital things at those brands, I never had a fully print job anywhere because I started in 2008 and it already didn’t make sense to have a fully print anything. And I started at an entry level position, so whatever they told me to do I did. But my experience learning from print editors was absolutely invaluable to my work as a digital editor.

On the advice she would give to future industry leaders: As far as advice, I interview so many entry level people and the things that I always want to say are be enthusiastic for whatever opportunity is coming your way; do the best, be the best that you absolutely can be, and this is going to sound really weird and specific, but format everything you do really meticulously. Everything you turn in, format it really beautifully, because, let’s say you’re an intern and somebody asks you to write a memo outlining what a celebrity has done. An editor is about to interview a celebrity, this is just a completely random example. Make sure that memo is perfect and beautiful and easy to scan and something that the editor will look at and say, this made my life so much easier, this made my job easier and I don’t even have to think when I’m assessing this.

On anything she’d like to add: Other than we’re truly multiplatform and we’re really not digital-only, in the sense that we exist off of digital platforms as well. We have an event series, it’s our Run Club series and it’s not digital; we have products in Target and Bed, Bath & Beyond that’s not digital. And we had an SIP last year; we’re constantly in discussions about other SIPs or other print products, so it’s not just a talking point to say that we’re digital-led, it’s actually true, because again, a brand has to be multiplatform and diversified in order to succeed.

On what someone would find her doing if they showed up unexpectedly one evening at her home: I have a six-month-old, which means my entire life has changed very dramatically in the past year. Before I had the baby, I would stay at work from 6:30 a.m. until 8:30 p.m. on any given night. It was very dependent on the amount of work I had my poor husband just kind of dealt with it. (Laughs) Now, I leave work at 5:30 p.m. on the dot, because I want to make it home in time to put her to bed, so I get home about 6:15 p.m. I give her a bath; I put her to bed. My husband and I have dinner around seven-ish. And then sometimes I’ll finish up the work that I haven’t finished during the day because I’m leaving earlier. But if I’ve been really good and I finished my work for the day, we’ll read on the couch or watch Netflix. It’s really not that exciting.

On what she would have tattooed upon her brain that would be there forever and no one could ever forget about her: I want people to think of Self as the ultimate wellness authority and wellness that they can trust. And that we’re doing everything that we can to make the brand as inclusive and as helpful as possible. I want people to think that we’re doing really meaningful, powerful work that reaches people.

On what keeps her up at night: Politics. I’ll wake up in the middle of the night and I’ll be so angry because my baby is actually sleeping through the night, and I finally have the opportunity to get a solid eight hours, and things that have happened politically, the state of our discourse in this country, fake news and just how mean and toxic people are. And the discourses and how people are talking to each other and the way that so many people don’t have access to healthcare or having their healthcare access threatened, and how so many immigrant families are being threatened right now with being split up or deportation. I feel incredibly, emotionally anxious about the state of our politics right now.

And now the lightly edited transcript of the Mr. Magazine™ interview with Carolyn Kylstra, editor in chief, Self.

With Carolyn Kylstra, editor in chief, Self at the Condé Nast’s office in NYC.

Samir Husni: You came to Self simultaneously as the print edition folded.

Carolyn Kylstra: I was actually here for a little over a year before that. So, I have been at Self for the past two and a half years, but about one year ago they folded the print edition.

Samir Husni: And that’s when you became editor in chief.

Carolyn Kylstra: Yes.

Samir Husni: Tell me about that transition from a print + digital to a digital-only entity.

Carolyn Kylstra: We like to think of it as digital-led, rather than digital-only, because print as a product isn’t something that we’re 100 percent giving up on, we’re just changing the business model. The transition was, obviously, intense, scary and upsetting. It was a big change. I grew up reading Self and it was one of my favorite magazines when I was younger. I got it every single month. I have so much respect for the heritage of the brand and a huge amount of nostalgia.

And then on top of that, when a company or business makes a decision like this, that means that there’s obviously major upheaval and change within the organization internally. And so we were very sad to no longer be working with so many of our colleagues and afraid of what the future would hold, and concerned about what the message might be in the marketplace. I think there’s been a kind of assumption that when a brand folds its print publication that’s the first step before it folds altogether. So, when Condé Nast made the decision to change our business model back in December 2016, this is what was on all of our minds. It was not a happy day.

But it was a really big opportunity for the brand and I feel like it really gave us the flexibility that we needed to make the changes that we needed to make in order to succeed in this media environment. And I’m thrilled with how it’s actually turned out. And I feel incredibly hopeful and positive looking to the future, and so proud of the team. And I’m just really excited about what we’re working on now and what we’re going to be working on in the future.

And again, just to bring it around full circle, I started out answering this question by saying that we call ourselves digital-led rather than digital-only because our approach to the brand is, what do we need to do to provide our audience, to provide our readers and viewers and the people who care about us with the products they need that will help them the most? And then the business can sustain. The truth is a print product is not out of the picture in the future, whether it’s in the form of an occasional SIP or something more regular; it’s something that we need to consider. There’s always going to be a place for print within the brand at some point.

Samir Husni: You weren’t being far-fetched when you said that, historically speaking, any brand that kills its print edition, it’s like the kiss of death, it’s over, but the brand was going to live online. And until recently, no digital brand has lived more than 16 months after the print component was killed. Then came Snapchat. Do you think the change in digital is helping the brands continue, that digital is reinventing itself, or is it something else?

Carolyn Kylstra: I think again, it’s looking at what the business can sustain, and it’s looking at what makes sense for the audience that you have at that given moment in time. Self has grown. We’ve grown since the print folded. We’ve added people for Snapchat; we’ve added people for social; we’ve added people for video. Obviously, this was a business decision, but it was one that Condé Nast, to their credit, they’ve been incredibly supportive and they’ve given us the resources that we need to be successful in digital.

So, it wasn’t just, we’re going to cut all of these people and then you’re just going to have to make do. It was, let’s look at this business holistically and think about what makes the most sense right now, given the resources that we have and the resources that we can provide. We expanded our health team, we went from one to four people. In health, we have a big Snapchat team. And Snapchat is absolutely one way that we’ve expanded and grown the brand digitally, but it’s only one platform of many that we’re operating on. Our video views have skyrocketed because we’ve been able to focus a little bit more on video and video strategy.

Our traffic is higher than it’s ever been and that’s because we’ve been able to focus on what we need to be doing digitally, and that’s just on the website. Again, with Snapchat, that basically doubles our audience and we’re reaching a whole new group of people who may not have ever heard of Self before because we’re talking about a younger demographic.

And so, we’re doing what we need to do with the brand in order to get it to a place where it’s really healthy, although that’s what we were doing last year; right now we’re doing great. We’re in a really healthy position, so this year is really about expanding and increasing engagement on all of the platforms that we’re on.

Samir Husni: As you attempt to increase that engagement; you know, Wired just recently announced the paywall, yet the majority of the magazines are still on this welfare information society system, that they don’t charge for content. Do you see that ever changing?

Carolyn Kylstra: For Self?

Samir Husni: Yes, for Self.

Carolyn Kylstra: For Self, it’s something that we’re always talking about. I think paywalls are so smart and so interesting, and I find them really hopeful. They’re just so optimistic, especially in this environment; the media environment right now is so anxiety-inducing. And launching a paywall is just such an optimistic choice because it says that we know that our content is so differentiated and that our audience is so engaged that they are willing to pay for it. And the better our content is, the more willing they will be to pay for it, etc.

I think for Self, we’re constantly talking about what do we do in this space that is different from what everyone else is doing in this space and how can we find products that are so specialized that our audience will be excited to pay for them. We’re still working on that, but it’s a conversation that we’re definitely having.

Samir Husni: You’ve seen how the print magazine was produced when you were working; how has that changed your thinking as a digital-only-for-now editor? Do you go through the same process of curation to create an issue or you feel like you’re on a treadmill and there’s no stopping?

Carolyn Kylstra: (Laughs) The way that I think about it and the way that we talk about it internally is that when we made the decision to no longer publish in print regularly as a subscription product, it forced us to kind of go back to the drawing board. There’s a difference between running a website and running a brand.

And the work that we did at the beginning of last year, after the print folded, was figuring out how we take this operation where we were running a website, making sure that we were getting a certain amount of traffic, hitting our KPIs, etc., how do we turn it into something where this is a brand? Where you no longer have that beautiful, incredibly high quality print product that people can hold onto. This is what the brand is and you need something to replace it among your consumers, in the industry; people need to be able to say this is what the brand stands for.

But at the same time we have the resources that we have in order to hit our KPIs and all of that stuff, so it was a matter of really looking at who do we have, who’s on the team, what skills do they have; what do we need to do to hit our goals? What do we need to do to meet the needs of the business and then how can we adjust to make sure we’re also keeping the brand as established as it is, as that sort of flagship product.

And so the way that we’ve addressed that is we have our daily grind and then we also have our special projects. I separate the team into two groups in my mind. The truth is everyone is working on everything all of the time, but you have your editors who are working on producing the content that people want to read every day, and we think of that as keeping the website afloat and doing what you need to do for the website.

And then you have your loftier, more ambitious stuff that are the packages that you want to do. We have our challenges; we do three fitness/wellness challenges per year roughly, where we engage the community around a month-long experience. And we have a Facebook group that’s devoted to it and its daily newsletters, and it’s a big photo shoot and there are videos attached to it. And that’s just one example of one of the tent poles that we do to make this brand stand for something. And we have community-based experiences and it’s the high quality work that people are used to seeing from the brand.

Samir Husni: Releasing yourself from the print deadlines, is your life now much easier or you have more deadlines than ever before?

Carolyn Kylstra: That’s a really good question. I came from print originally. I worked at Men’s Health and Cosmo on print before I went fully digital. There are deadlines for everyone. (Laughs) With digital it’s a different type of deadline.

Something that we’ve actually been working on this year is, we’ve made the intentional decision, and I think it was February of last year, to stop chasing aggregated news. It was driving a lot of traffic; it was important for the website, but thinking again about what the brand stands for, I kept coming back to the questions, why are we writing about this; what is this serving, in terms of our mission; is this serving our mission? Is it actually, beyond driving traffic, which is obviously important for the business, but beyond driving traffic, is this helping us distinguish ourselves as a brand? Is it helping people understand? When they click on one of these stories, do they know that it’s Self? Do they care that it’s Self? Do we have a particular point of view?

And so what we did was we looked at our mission and decided our mission is wellness you can trust. Self has always been a health and wellness brand. We were launched in 1979 and it was one of the first health and wellness magazines, it was long before wellness became the buzzword that it is today, and the whole point was to help people feel better. So, we kind of circled back to that. We are wellness that you can trust; we have that historical authority, so what does that mean and how do we accomplish that?

We established that we have three underlying values for every piece of work that we create; inclusivity, because people will only be helped by your content and your products and your experiences when they can see themselves in your world. Accuracy, because it’s only helpful if it’s true. And empathy, because we’re all trying our hardest, and no one is perfect, and there’s a lot of pressure and anxiety, and we’re here to help people feel good. They won’t feel better if we don’t make them feel good.

From there, I looked at the news that we were doing, at the aggregated news that we were doing, and decided that it didn’t make a ton of sense for what the brand is. So, we really shifted our editorial strategy in that regard. And to answer your original question about deadlines, that made it a lot more manageable, in terms of work/life balance, because we were no longer constantly online trying to report on things that just happened, trying to write about it.

We had a piece about the Super Bowl halftime show that went up right after, but in a previous year we would have probably had people on call, all that day, writing little pieces all day long. This year we only contributed to the conversation in a way that made sense for the brand. And so the deadline element of it, weirdly enough, has gotten a lot more manageable now that we’re focusing on brand over website.

Samir Husni: What you’re talking about with the web and the brand is common sense. I always say that the word newspaper is an oxymoron, you can’t have news on paper anymore. When was that “A-ha” moment when you knew you had to stop chasing news and treat the website like a brand instead of an aggregated place to put every piece of health and wellness news that was out there?

Carolyn Kylstra: There wasn’t really an “A-ha” moment. One of the things about working in digital, or honestly just working in today’s media environment at all, is that you have to always iterate. You have to look at what’s working, what’s not working; what’s working today isn’t necessarily going to work next week or in two months. (Laughs)

S. I. Newhouse launched the brand in 1979 because when he was growing up his mother always talked about how she needed her “me” time. And so he thought it was so important that there was a brand for women that would help them kind of reclaim their time and practice self-care, even though we weren’t necessarily as a mass culture talking about self-care back then. That’s something that I’ve known and once I was entrusted with the brand became really important to me that I honor this legacy.

So, over the first six months, thinking about how we could grow this business, knowing that the realities of today’s media business, what they are, and knowing that the strongest brands are the ones that have the most loyal audiences, it just made sense. It just made sense to make sure that whatever we were putting out there was content, our information, our experiences, our products, or tools that people would find incredibly useful and that they would be emotionally attached to.

Samir Husni: The founding editor of Self back in 1979, Phyllis Starr Wilson, was reported as saying, as long as we have a willing audience who is capable of paying the price for the magazine, we will have a magazine. Today, you have a big audience, they’re all over the place; how do you determine which is your genuine audience, the ones that are able to be monetized, and the “trash audience,” as Bob Garfield defines those people who receive your website’s content in, say China, and aren’t able to buy your products at all?

Carolyn Kylstra: We have really wonderful insights and data and analytics. And a lot of information about who we’re talking to and who’s spending time and who’s looking at multiple stories when they’re on the website. Or who’s consuming our content on Instagram or on Snapchat. I think, in a sense, it’s almost easier today than it used to be to understand your audience and understand what resonates with them. And to figure out how to serve them better.

Something else that we do is that we’re constantly doing our own version of market research. And we’re constantly soliciting feedback from the people who we reach. After every Challenge, for instance, we send out a survey among the Challenge participants to ask them for their feedback. What did they like; what did they dislike? Did they think the workouts were too hard or too easy? Did they like the recipes? What do they want to see more of, less of? Just things like that. And we take that information and we apply it to the next time that we do it.

We do the same thing on Snapchat to some degree. We put in quizzes and polls that people like to fill out because they like talking about themselves. People love answering quizzes about themselves, but it also gives us really valuable information about what they’re looking for and what they want. We can also tell, based on what people are reading, how long they’re spending on different stories and what kind of content resonates with them. And taken altogether, we know that certain content performs on one platform and certain content performs better on another platform. And how we can make sure that we’re optimizing for the different audiences and the different platforms that exist.

Samir Husni: To quote you about the anxiety: led and fed media environment. Are you now at peace with yourself and with Self as it is a brand today? Do you have the same anxiety as when they folded the print edition? Are you now sailing in calm seas, or just a momentary lull?

Carolyn Kylstra: (Laughs) We still exist in the current media environment. I want to clarify that when the magazine folded, I wasn’t worried about the brand. I wasn’t worried that the brand wasn’t an important brand or that people didn’t love it. My main concern was what this said in the marketplace and the fear that our readers might say that since they no longer had the magazine, they weren’t interested. I was quickly disabused of that, because again, our readership has grown. And our engagement has grown and the timespan has grown.

And what we found with Snapchat was that the content resonates with so many people, and we’re not changing the content to put it on Snapchat; we’re just adjusting it based on what the platform demands. We’re putting it in a certain format, but it’s all the same. It’s all the same message; it’s all the same values; it’s all the same mission. So, in that sense, I feel incredibly excited and optimistic about our future in a way that…I was optimistic about our future last year, but I was anxious that other people weren’t going to be as optimistic as I was.

Samir Husni: How has your print background helped or hindered you since you’ve moved to digital?

Carolyn Kylstra: It was so important. I started out at Men’s Health and then I was at Cosmo and I learned so much from really incredible editors at both brands. My first fully digital job, because I did digital things at those brands, I never had a fully print job anywhere because I started in 2008 and it already didn’t make sense to have a fully print anything. And I started at an entry level position, so whatever they told me to do I did. But my experience learning from print editors was absolutely invaluable to my work as a digital editor.

My first full-time digital job was running a site, being site director at Women’s Health. And I couldn’t have done it without my experience in print, because I knew how to edit; I knew how to write; I knew how to think about the brand and what the brand messaging was. When I was at Men’s Health, I always remember the question for every single thing that we ever created was, where is the service? Because Men’s Health was all about service journalism. And that really drove into my head that you have a brand mission and every arm of that brand needs to fulfill that mission. So, I think I couldn’t have been as successful as I have been without that background in print.

Samir Husni: You’ve come a long way in 10 years, which is almost unheard of in this industry. If you were going to advise future industry leaders, how should they prepare as they enter this field, because we have more students coming to journalism and integrated marketing communications than ever before?

Carolyn Kylstra: I think it’s obvious why. It’s a terrifying time to be in media, but it’s also an incredibly exciting time, because there’s so much going on and there’s so many different ways to reach people, so many different ways to talk to people and make an impact. It just looks different than it used to. The business, obviously, needs to settle down a little bit. But I completely understand why people want to go into the field, it’s more exciting than it was even when I started out.

As far as advice, I interview so many entry level people and the things that I always want to say are be enthusiastic for whatever opportunity is coming your way; do the best, be the best that you absolutely can be, and this is going to sound really weird and specific, but format everything you do really meticulously. Everything you turn in, format it really beautifully, because, let’s say you’re an intern and somebody asks you to write a memo outlining what a celebrity has done. An editor is about to interview a celebrity, this is just a completely random example. Make sure that memo is perfect and beautiful and easy to scan and something that the editor will look at and say, this made my life so much easier, this made my job easier and I don’t even have to think when I’m assessing this.

And it’s so trivial-sounding and it’s so shallow-sounding, but make sure you bold your subheads, make sure you put bullet points, make sure you’re writing in complete sentences with grammatically correct sentences. The little things like that will really make you stand out, which will open up other opportunities for you down the line. That’s really not that helpful, in terms of how to navigate the media industry, but it makes a difference.

Samir Husni: It’s good to hear people like you bringing back those common sense factors to the industry.

Carolyn Kylstra: The other obvious stuff is make yourself a website and put all of your clips on your website; use Squarespace or use WordPress, it doesn’t matter, just make a pretty website that shows what you’ve done and make it easy to contact you, be active on social media, and create a LinkedIn profile. I use LinkedIn constantly to recruit people, just searching different editors or people who have different, specific backgrounds. And that’s how I find a lot of people. Share your work on Twitter, so that you’re easy to find, just things like that.

It’s also common sense, but one of the things that’s frustrating to me is colleges and universities and even grad school programs don’t necessarily teach students how to apply for jobs. And I think that’s just a horrible waste and doing them a huge disservice and people are spending so much money and going into so much debt to attend these colleges and universities and they’re not teaching them the basics about how to be a good entry level applicant. I get so many resumes and so many cover letters where I’m wondering why didn’t anyone tell these people how to write this appropriately to market themselves. I don’t know how to give that advice, but to me, that’s one of the things that is so important. Read as much as you can online about how to write a good cover letter before you send one.

Samir Husni: And don’t copy it. (Laughs)

Carolyn Kylstra: Yes, don’t copy it. It’s little things like that, but it’s also not the students’ fault. I think the colleges and universities really ought to make an effort to do better by their students in this way.

Samir Husni: Is there anything else you’d like to add?

Carolyn Kylstra: No, other than we’re truly multiplatform and we’re really not digital-only, in the sense that we exist off of digital platforms as well. We have an event series, it’s our Run Club series and it’s not digital; we have products in Target and Bed, Bath & Beyond that’s not digital. And we had an SIP last year; we’re constantly in discussions about other SIPs or other print products, so it’s not just a talking point to say that we’re digital-led, it’s actually true, because again, a brand has to be multiplatform and diversified in order to succeed.

Samir Husni: If I showed up unexpectedly at your home one evening after work, what would I find you doing? Having a glass of wine; reading a magazine; cooking; watching TV; or something else?

Carolyn Kylstra: I have a six-month-old, this was something else that happened last year. I found out I was pregnant and then a week later the magazine folded. (Laughs) And my executive editor was in the hospital having just given birth to her first child, so basically the top two people in the brand both took three months off last year for maternity leave. It was a very exciting year.

Anyway, I have a six-month-old, which means my entire life has changed very dramatically in the past year. Before I had the baby, I would stay at work from 6:30 a.m. until 8:30 p.m. on any given night. It was very dependent on the amount of work I had my poor husband just kind of dealt with it. (Laughs) Now, I leave work at 5:30 p.m. on the dot, because I want to make it home in time to put her to bed, so I get home about 6:15 p.m. I give her a bath; I put her to bed. My husband and I have dinner around seven-ish. And then sometimes I’ll finish up the work that I haven’t finished during the day because I’m leaving earlier. But if I’ve been really good and I finished my work for the day, we’ll read on the couch or watch Netflix. It’s really not that exciting.

Samir Husni: If you could have one thing tattooed upon your brain that no one would ever forget about you, what would it be?

Carolyn Kylstra: I want people to think of Self as the ultimate wellness authority and wellness that they can trust. And that we’re doing everything that we can to make the brand as inclusive and as helpful as possible. I want people to think that we’re doing really meaningful, powerful work that reaches people.

Samir Husni: My typical last question; what keeps you up at night?

Carolyn Kylstra: Politics. I’ll wake up in the middle of the night and I’ll be so angry because my baby is actually sleeping through the night, and I finally have the opportunity to get a solid eight hours, and things that have happened politically, the state of our discourse in this country, fake news and just how mean and toxic people are and the discourses and how people are talking to each other and the way that so many people don’t have access to healthcare or having their healthcare access threatened, and how so many immigrant families are being threatened right now with being split up or deportation. I feel incredibly, emotionally anxious about the state of our politics right now.

Samir Husni: Thank you.

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The Magic Wand Behind Bonnier’s Secret Of Creating Better Quality Content With Less Workforce… The Mr. Magazine™ Interview With Eric Zinczenko, CEO, Bonnier Corporation…

March 5, 2018

“To Answer Your Question Regarding Print Versus Digital, I Also Believe With The Proliferation Of Fake News, I Do Believe That Quality Printed Stories Have An Opportunity To Maintain Or Grow Audience.” Eric Zinczenko…

“The notion that print is dead is not accurate. I think print isn’t dead, it’s just different. Gone are the times where you can operate with an inflated rate base or 12 times per year as a standard. And I think gone are the days too where you were just concerned with whether there was enough fax paper in the machine where you got all of your signed insertion orders back. Those days are behind us. But print for many companies, Bonnier included, is still profitable. It’s just not at the margins that we once enjoyed. And I feel strongly that brands that sit one or two in a category or vertical can thrive if managed correctly.” Eric Zinczenko…

“For companies that are evolving, in challenging their orthodoxies of the way legacy media companies have operated, for the companies that are evolving, those are companies that are seeing opportunity in front of them. And I think maybe companies that are more stuck in the way that we’ve done things for decades, I think it could end up being the worst of times for them. I do feel that the only thing predictable is that disruption is going to continue.” Eric Zinczenko…

When you talk about legacy media, one name that cannot be left out is the Swedish-born Bonnier Corporation. For over 200 years, Bonnier has been in the publishing business in one facet or another. The United States presence of this heritage company formed in 2007 when the American office opened for business. Today, its brands range from Field & Stream to the award-winning Popular Science, with many, many more in between.

And the man heading up this heritage company and all of its robust titles is CEO, Eric Zinczenko. Eric has been successfully progressing the journey and holding the ship steady-as-she-goes since 2015. Before taking on the CEO leadership role, he served as executive vice president of the company, coming from Time Inc. in 2007 as a part of Bonnier’s original management team.

With Eric’s guidance and vision, Bonnier has seen record financial growth and its strongest operating margins. Under his leadership, the company has broadened its capabilities outside traditional media by diversifying into new revenue-growth areas in licensing, agency services, content syndication, digital and events.

I spoke with Eric recently and we talked about his vision for the company and his successes so far. From the record financial growth to the new revenue streams (all of which he has done with a 36 percent decrease in workforce since taking on the role of CEO in 2015), it would appear that legacy media companies can do more with less. Eric credits a lot of the company’s success and his own ability to visualize those strategies for improvement to Bonnier’s ownership, saying that for a media family who has seen everything from wars to disruption in the over 200 years they’ve been in the business, they’re not easily moved. Being patient and not panicking and keeping the lines of communication open only enhances the company’s success.

So, I hope that you enjoy this conversation with a man who “subscribes to the ethic of constant improvement” in all he does and revels in the “privilege of leading (Bonnier) and his colleagues through incredible and complex times” – the Mr. Magazine™ interview with Eric Zinczenko, CEO, Bonnier Corporation.

But first the sound-bites:

On whether he thinks this is the best of times, the worst of times, or somewhere in between for magazine media: I think it’s somewhere in between. For companies that are evolving, in challenging their orthodoxies of the way legacy media companies have operated, for the companies that are evolving, those are companies that are seeing opportunity in front of them. And I think maybe companies that are more stuck in the way that we’ve done things for decades, I think it could end up being the worst of times for them. I do feel that the only thing predictable is that disruption is going to continue.

On what his life has been like for the last three years as CEO of Bonnier U.S.: I think I’d start with something you mentioned, and it’s a quote that I think of often: today will be the slowest rate of change that we’ll experience in our lifetime. From this point on, disruption, technology, and media consumption habits will only be changing and accelerating. And I believe that has had a profound effect. So to your point, I have 25 years in the media business, 12 of those at Bonnier; I’ve worked for all of the major publishing companies, I’ve had time at Time Inc., I’ve had time at Condé Nast, I’ve had time at Rodale, and then the last three years as CEO. And what I’m still adjusting to is how complex these businesses are and how complex these times are, so coming to the office every day, and I said this in a past presentation, it feels like every day Jenga, where our businesses are constantly under pressure.

On moving their CMS system to Arc: We moved to a new platform with our digital and that platform is Arc, which is owned by the Washington Post. We moved to Arc because here at Bonnier we’ve spent the last five years trying to move everyone to a proprietary CMS system that we had. And that CMS system was called Sandcastle. So, we made a decision based on economic factors, based on how we wanted to operate, and the CMS of Arc would be stronger than our own proprietary CMS, so it would have more of a suite of opportunities for us from a digital perspective. So, that was seen as not only an efficiency measure, but actually an opportunity.

On whether he sees a value in print in today’s digital age: I do. The notion that print is dead is not accurate. I think print isn’t dead, it’s just different. Gone are the times where you can operate with an inflated rate base or 12 times per year as a standard. And I think gone are the days too where you were just concerned with whether there was enough fax paper in the machine where you got all of your signed insertion orders back. Those days are behind us. But print for many companies, Bonnier included, is still profitable. It’s just not at the margins that we once enjoyed. And I feel strongly that brands that sit one or two in a category or vertical can thrive if managed correctly.

On whether he feels paywalls, such as Wired has implemented, and other forms of payment for digital will be an accelerated trend: I hope it’s an accelerated trend, but I do feel firmly it will be a trend. I think the newspaper industry has done a pretty inspirational job of getting people to pay for their content, and I think the magazine industry has lagged behind the newspaper industry. But I really do believe there’s opportunity there. You mentioned Wired and I think they’re an inspiration too. So, this is something that we’re absolutely taking interest in at Bonnier and we’ve talked to some consultants that can help us unlock the potential there.

On whether 2016, since he said it was one of the best years of his career, was a walk in a rose garden for him, or there were challenges along the way: It wasn’t a walk in a garden, I don’t think. (Laughs) You know it’s funny, I say today, there are no gifts in our industry. There are no gifts. So, everything that you do is earned today. And 2016 was difficult. I think the biggest challenges for that year were to get people to believe. At the time, when we talked about diversifying and shifting away from our sole reliance on print and digital media, I think that raised some eyebrows. But here we are a few years later and the strategy is taking hold.

On the positives and negatives of a company like Bonnier that has a presence on both sides of the Atlantic: Well first, the positive is we’re lucky to have wonderful ownership. We’re a 200-year-old media company with a media family that has seen it all. They’ve seen disruption; they’ve seen wars and more, therefore they have a very patient, respectful, Scandinavian perspective on everything. So, the pressure is absolutely there to deliver on what you promise, if you say it, it better happen, but they also understand market factors, and they never panic. I mentioned that I am preparing for a board meeting now and I can tell you that my presentations look different today than when I started, where there was just numbers and here’s the strategy.

On the magic wand he uses to do more and better with less workforce: I will not speak for any other company, but I think the experience here is that we had areas of improvement where we could have been more financially disciplined. And the magic wand has been to maximize shareholder value and do it in a smart way. And I think when you make changes like the changes we have made since 2015, it’s very important to communicate those changes and explain why we’re changing and how we’re going to change. Communication is a big factor.

On what he would have tattooed upon his brain that would be there forever and no one could ever forget about him: He subscribed to the ethic of constant improvement in all he did.

On what someone would find him doing if they showed up unexpectedly one evening at his home: Reconnecting with my family and hearing of my kids’ day is the quickest way for me to separate from my work. If work stress is near a high and requires more, I’m a wine enthusiast so I will settle with a great glass of wine and break out my bass guitars and play some music.

On what keeps him up at night: I know most answers from CEO’s are funny. (Laughs) They say they don’t worry and sleep just fine, but truth be told, sleep is difficult for me sometimes. My mind races for what’s next to be done; what could we be doing different; is there enough urgency in our approach; am I giving enough to the office and to my family. The good news is I care about my personal fitness and health to make sure I get a pretty exhaustive workout every day, so the body has no choice but to sleep. I do go to bed early each night and I’m an early riser to be available for communication with Stockholm if necessary.

And now the lightly edited transcript of the Mr. Magazine™ interview with Eric Zinczenko, CEO, Bonnier Corp.

Samir Husni: In magazine media as a whole, it has been the best of times, it has been the worst of times. What’s your view on the industry? Has it been the best of times, the worst of times, or somewhere in between?

Eric Zinczenko: I think it’s somewhere in between. For companies that are evolving, in challenging their orthodoxies of the way legacy media companies have operated, for the companies that are evolving, those are companies that are seeing opportunity in front of them. And I think maybe companies that are more stuck in the way that we’ve done things for decades, I think it could end up being the worst of times for them. I do feel that the only thing predictable is that disruption is going to continue.

Samir Husni: Disruption, as you said, has been moving even faster. June 2018 will be three years for you as CEO of Bonnier in the U.S. What can you tell me about those three years of your very busy life? You’ve been in the media business for years, but as you move toward your third anniversary in June, tell me about those years.

Eric Zinczenko: I think I’d start with something you mentioned, and it’s a quote that I think of often: today will be the slowest rate of change that we’ll experience in our lifetime. From this point on, disruption, technology, and media consumption habits will only be changing and accelerating. And I believe that has had a profound effect. So to your point, I have 25 years in the media business, 12 of those at Bonnier; I’ve worked for all of the major publishing companies, I’ve had time at Time Inc., I’ve had time at Condé Nast, I’ve had time at Rodale, and then the last three years as CEO. And what I’m still adjusting to is how complex these businesses are and how complex these times are, so coming to the office every day, and I said this in a past presentation, it feels like every day Jenga, where our businesses are constantly under pressure.

For a company like Bonnier, we’re not about to just bolt through acquisition, many times we have to manage with what we have. The questions that I have asked each day coming to work have been are we pivoting aggressively enough to new business opportunities? Are we trying to preserve what we have and are the skills and the years of experience, not only in my role, but the roles of many of my colleagues, and the way we think, is it even relevant for the way change is headed? We know that legacy problems and legacy issues can become increasingly destructive, yet we’re still managing a legacy business, so are we doing all we can to position ourselves for success? Those are the things that I think about.

When I took over the role in 2015, the financial situation for the company was a bit different and it required urgency. We ended the year 2015 where we needed to be. And for me, 2016 could be considered maybe the best moment of my career, where in 2015 I stood in front of my board and shared our plans of how we were going to diversify the company, and then in 2016 we delivered on everything we had promised, and then some. We were able to triple our ad year in 2016; we were able to grow new revenue streams, and we did it with 18 percent less workforce than the year prior.

Then here comes 2017 with its own set of challenges and I’m preparing for a board meeting where 2018 looks different. So, to summarize, I just think it’s been a time of accelerated change and it’s important and a leadership moment for me to try and get the company to think differently, break our orthodoxies and move into new areas of growth.

Samir Husni: And 2018 has witnessed some of that accelerated change, you’ve closed some titles, and recently the announcement was made that you’re moving to a new publishing platform, Arc, with Bonnier’s digital channels. Can you tell me about those changes?

Eric Zinczenko: We moved to a new platform with our digital and that platform is Arc, which is owned by the Washington Post. We moved to Arc because here at Bonnier we’ve spent the last five years trying to move everyone to a proprietary CMS system that we had. And that CMS system was called Sandcastle. So, we made a decision based on economic factors, based on how we wanted to operate, and the CMS of Arc would be stronger than our own proprietary CMS, so it would have more of a suite of opportunities for us from a digital perspective. So, that was seen as not only an efficiency measure, but actually an opportunity.

And in terms of our brands, we are tracking the vitality of each of our brands and what we’re finding is the brands in print that are in leadership positions in their particular vertical are the ones that are thriving or doing well. And then some of our other brands that sit maybe two, three, or four in a vertical, those are the ones that are being challenged. And in the case of some of our other brands, we’re just taking them out of print, but still operating them digitally.

Samir Husni: For someone who has been in this business for a quarter of a century or more, do you see a value in print in today’s digital age?

Eric Zinczenko: I do. The notion that print is dead is not accurate. I think print isn’t dead, it’s just different. Gone are the times where you can operate with an inflated rate base or 12 times per year as a standard. And I think gone are the days too where you were just concerned with whether there was enough fax paper in the machine where you got all of your signed insertion orders back. Those days are behind us. But print for many companies, Bonnier included, is still profitable. It’s just not at the margins that we once enjoyed. And I feel strongly that brands that sit one or two in a category or vertical can thrive if managed correctly.

And I think an example of that would be Popular Science, where back in 2010 the late Steve Jobs, if you remember he held up the first iPad and presented Pop-Sci as the first magazine on the iPad. At the time we had over one million print subscribers and we had about 70,000 digital subscribers. Now you would think if there were any infinity group that would switch to digital it would be the readers of a technology product like Popular Science, but fast forward a decade to the end of 2017, we had one million print subscribers. So, I think Pop-Sci still has the strongest circulation economics of any of our brands too. It’s clear that readers still want Popular Science in print.

To answer your question regarding print versus digital, I also believe with the proliferation of fake news, I do believe that quality printed stories have an opportunity to maintain or grow audience. And I think that the magazine printing process, which is still viewed as maybe a detriment, in terms of time to market, I still is an opportunity because it allows time to fact check; I think it allows time to make sure that the story is accurate and they can try for a more timeless perspective. And I believe that.

Samir Husni: As you do this balancing act between print and digital, when do you think you’re going to see that turnaround where people are paying for digital, whether through paywalls or something else, instead of the welfare information society that has, for the most part, existed since the digital explosion? We see brands like Wired, New York Magazine, and The New Yorker having paywalls; do you see this as an accelerated trend?

Eric Zinczenko: I hope it’s an accelerated trend, but I do feel firmly it will be a trend. I think the newspaper industry has done a pretty inspirational job of getting people to pay for their content, and I think the magazine industry has lagged behind the newspaper industry. But I really do believe there’s opportunity there. You mentioned Wired and I think they’re an inspiration too. So, this is something that we’re absolutely taking interest in at Bonnier and we’ve talked to some consultants that can help us unlock the potential there.

Samir Husni: You mentioned that 2016 was one of the best years of your career after achieving what you promised the board in 2015. Was it a walk in a rose garden for you to attain that achievement, or did you have some major challenges along the way?

Eric Zinczenko: It wasn’t a walk in a garden, I don’t think. (Laughs) You know it’s funny, I say today, there are no gifts in our industry. There are no gifts. So, everything that you do is earned today. And 2016 was difficult. I think the biggest challenges for that year were to get people to believe. At the time, when we talked about diversifying and shifting away from our sole reliance on print and digital media, I think that raised some eyebrows. But here we are a few years later and the strategy is taking hold.

I used an example back in 2015 that we need to operate this company just as a portfolio manager would operate a retirement account or a mutual fund, where the ideas are to diversify your revenue and the profit coming in. In 2015 we had 50-something percent of our revenues coming from traditional print; we had 28 percent coming from digital media; and then we had about 20 percent coming from ancillary. And we’re looking to, by 2020, be in a situation where we’re more like 33 percent in those three areas. So, it’s much like future-proofing a retirement account, that’s the way we’re trying to run Bonnier. And that has been a challenge.

Since that time we have had to go through restructures and realignment of the company, and hire new competency in these areas like events and licensing and in some of our marketing services and agency work. And that’s competency that we have to find from outside the office. And that’s been a challenge, the realignments and the restructures.

Samir Husni: Correct me if I’m mistaken, but you are the only surviving company that is still based in Europe, but with a presence in the United States, in terms of the magazine media. Hachette was bought by Hearst, G&J left. What are the positives and negatives of being on both sides of the Atlantic?

Eric Zinczenko: Well first, the positive is we’re lucky to have wonderful ownership. We’re a 200-year-old media company with a media family that has seen it all. They’ve seen disruption; they’ve seen wars and more, therefore they have a very patient, respectful, Scandinavian perspective on everything. So, the pressure is absolutely there to deliver on what you promise, if you say it, it better happen, but they also understand market factors, and they never panic. I mentioned that I am preparing for a board meeting now and I can tell you that my presentations look different today than when I started, where there was just numbers and here’s the strategy.

So, the positive is we have a patient board, a privately-held company, and on the flip side we have a geographic challenge, where my days are a bit different. I’m up many times at 4:30 or 5:00 a.m. to make sure that I’m available for communications with Stockholm. And there’s plenty of travel between Scandinavia, Stockholm and here in New York. But they’ve been patient and they believe in our diversification strategy.

Samir Husni: I hear from almost every CEO that I interview that they’re doing more with less. You told me earlier that your workforce is now 18 percent less than it used to be, yet you’re doing more.

Eric Zinczenko: Let me make a correction, it was 18 percent from 2015 to 2016. Then we had our recent restructure too, so it’s a 36 percent reduction in workforce since I became CEO, and many industry peers would state the quality of Bonnier content didn’t slip, but is actually the strongest yet, as evidenced by the numerous National Magazine Awards and the most recent nominations of General Excellence for Saveur and Popular Science.

Samir Husni: So, what’s that magic wand you’re waving at work that you can produce better and more with 36 percent less workforce? Was the industry spoiled, printing money, that it didn’t care how many people it hired? What’s your magic wand?

Eric Zinczenko: I will not speak for any other company, but I think the experience here is that we had areas of improvement where we could have been more financially disciplined. And the magic wand has been to maximize shareholder value and do it in a smart way. And I think when you make changes like the changes we have made since 2015, it’s very important to communicate those changes and explain why we’re changing and how we’re going to change. Communication is a big factor.

Culture is very important here, and it’s something that I take seriously. And I think culture remains a challenge. I believe it’s an enormous challenge for any media company right now, to keep everyone motivated and leading through the unprecedented disruption. When an organization is going through constant restructures, at times it’s like juggling eggs. It’s impressive when you can pull it off, but it becomes a real mess when it’s done in the wrong way. And we really do try. The approach has been a transformation here at Bonnier of more of a startup approach.

I think most legacy media companies start with the idea of cutting. So, they speak to the manager and find out who on their staff that they can reduce by one or two. And then the next year comes along and they have to cut more. They go back to that manager and that manager picks two more people. But I believe what companies really need to do is start from a zero base, in more of a startup mode. So, it starts with the CEO; who does the CEO need next, it’s the CFO. After the CFO, who’s next? And that’s really how we’ve tried to organize the company and that was part of our big realignment that we just did a month ago.

It’s interesting, there’s other principles we try and speak about here, and again, it’s to break these orthodoxies of the way that we’ve done things, but my view is we have these wonderful brands at this company, if it makes money it makes sense. Imagine an Amazon employee back in the ’90s saying, wait a minute, we ship books, that’s what we do. Or Google back in the ’90s; wait, we’re a search engine company and that’s what we do. There are opportunities everywhere if you just stay true to the brand and you understand your audience and your customer. There’s a lot of opportunity out there.

Samir Husni: If you could have one thing tattooed upon your brain that no one would ever forget about you, what would it be?

Eric Zinczenko: He subscribed to the ethic of constant improvement in all he did.

Samir Husni: If I showed up unexpectedly at your home one evening after work, what would I find you doing? Having a glass of wine; reading a magazine; cooking; watching TV; playing with your two children; or something else?

Eric Zinczenko: Reconnecting with my family and hearing of my kids’ day is the quickest way for me to separate from my work. If work stress is near a high and requires more, I’m a wine enthusiast so I will settle with a great glass of wine and break out my bass guitars and play some music.

Samir Husni: And my typical last question; what keeps you up at night?

Eric Zinczenko: I know most answers from CEO’s are funny. (Laughs) They say they don’t worry and sleep just fine, but truth be told, sleep is difficult for me sometimes. My mind races for what’s next to be done; what could we be doing different; is there enough urgency in our approach; am I giving enough to the office and to my family. The good news is I care about my personal fitness and health to make sure I get a pretty exhaustive workout every day, so the body has no choice but to sleep. I do go to bed early each night and I’m an early riser to be available for communication with Stockholm if necessary.

Samir Husni: Thank you.