Archive for the ‘New Launches’ Category

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Buying Newsweek and Bringing it Back to Print – The Story Behind the Acquisition and the Rebirth of the Printed Magazine. The Mr. Magazine’s™ Interview with Etienne Uzac, Co-Founder and CEO of IBT Media

March 20, 2014

Newsweek on the Stands

“As soon as we purchased Newsweek, we had partners and businesspeople who wanted to work with us and we were open with them and we want this business to grow so we are willing to do deals, we’re willing to grow the brand based on a strong editorial core.” Etienne Uzac

Fresh life has been breathed into Newsweek with its purchase by IBT Media, a global digital news organization founded by Etienne Uzac and Johnathan Davis. I spoke with one half of the duo while in New York recently, Etienne Uzac who is also CEO of the company, and was met with enthusiasm for his Newsweek team and profitable plans for the future, including their reawakening of the printed edition.

In Uzac’s opinion, there was no reason not to revive the print product as long as it could be done profitably and provide a major service to their customers and he certainly feels as though it can. He knew there were people out there who loved and wanted the magazine back in print and was determined to give the customer what they desired.

The man and his company’s reasons for the purchase and the return to print follow in the Mr. Magazine™ conversation with Etienne Uzac, Co-Founder and CEO of IBT Media. So sit back and enjoy Newsweek’s reemergence with a new company, a new future and a whole new leadership vision.

But first, the Mr. Magazine™ Minute with Mr. Uzac answering my question whether he’d rather read Newsweek in print or digital. Click the video to hear his answer:

And now for the Sound-bites:

On why IBT Media bought Newsweek and why they resurrected the print product: There are several reasons we bought Newsweek. The first one is the excellence in journalism that it represents. When we purchased Newsweek we didn’t rule out going back into print. However, we didn’t think we would go back into print this soon.

On their involvement with international editions already in print: Newsweek has had foreign licensed partners. Those are typically in foreign languages and they are complementary to the global/English editions. We currently have about 6 partners and we are planning to continue growing that number this year with partners all around the world.

On their most pleasant surprise since buying Newsweek: I think working with the Newsweek team; I’ve rarely seen this much excitement in the people who work for the brand.

On their major stumbling block: I think as the team grows, as it integrates into a new company, as it integrates with IBT Media, there are technical hiccups sometimes and there are staff hiccups sometimes; I would say it has not been easy, but it has always been moving forward overall.

On his reaction to the media onslaught after the first print issue came out: There was a lot of talk about the cover story and that had a lot to do with editorial. So from a business perspective, I thought that we had a lot of great articles about the launch.

On the future of Newsweek a year from now: I think this passion and the quality of the staff that we have put together will make for really exciting content over the year. And I think it’s going to get better and better.

On whether he prefers to read Newsweek in print or on the app: Personally I prefer the print right now.

On what keeps him up at night: I think making sure that the customer who used the website, who logged into the applications, who subscribed to the magazines, since we’re just launching; they’re experience was great.

And now the lightly-edited transcript of the Mr. Magazine™ conversation with Etienne Uzac, co-founder and CEO of IBT Media about his company’s purchase of Newsweek…

Samir Husni: Tell me first about why you decided to buy Newsweek and why did you choose to bring it back to print?

Screen shot 2014-03-18 at 3.13.24 AM Etienne Uzac: There are several reasons we bought Newsweek. The first one is the excellence in journalism that it represents. This is something that we want to aspire to for the current Newsweek team and our company as a whole. Newsweek has an amazing history of great journalism, has won many awards and it’s had some of the greatest journalists in America working for the brand. We want to aspire to bring that back into the brand and into the company. It’s a great legacy to aspire to.

Secondly, I would say that Newsweek has an amazing global brand. IBT Media, from its inception in 2006, has always looked at the world to grow and develop. We want to end up making more of our business outside the United States than inside the States in the long run. So we thought that Newsweek was a great way for us to open up doors to meet new partners and that did happen. Since we bought the brand it has opened up a lot of doors internationally and we‘re glad that we bought it.

The third reason is that Newsweek had complementary business models to IB Times and some of our other digital properties. Even up until today, we make over 90 percent of our revenue from digital advertising. We saw in Newsweek opportunities to diversify that; we wanted to diversify that ahead of the purchase of Newsweek, but we thought that by purchasing it we could bring that know-how into the company. So whether it’s subscription revenues or user-based revenues; Newsweek also had foreign-licensing agreements and it also had great syndication deals with big university content aggregators. So it had complementary business models to what we were doing. That’s some of the reasons that we bought Newsweek as a brand.

When we purchased Newsweek we didn’t rule out going back into print. However, we didn’t think we would go back into print this soon. I think what really allowed us to make this decision was one day I essentially asked for the numbers, basically how much would it cost to do a magazine out of curiosity. And I received the numbers; we have a great team of people who work for us either on staff or as consultants.

I got the numbers and I looked at them and was not surprised or shocked by them at all. Because you hear a lot of fear mongering in the market, you hear losses of $20 million dollars, you hear losses of $40 million dollars; if you just read the news you think it’s really scary.

When I looked at the numbers I thought, yes, it’ll cost a few dozen cents to make and distribute, sure; I didn’t expect it to be free. Really, looking at the pricing and the cost of a yearly subscription, distribution and print as well as newsstand; very quickly we were able to see that there was a way for us to become profitable fairly rapidly based on as long as the pricing model made sense.

When we did decide to go to print, we were very clear in our minds that this would not be a loss-leader. That was very clear. We said if we’re going to do print, this is a new platform for us, we have the website and the apps; print is just another platform to reach our audience. There are people out there who do like and want print; we are printing for them, but it has to be profitable.

Samir Husni: One of the things that very few people noticed in the States is that internationally Newsweek did not stop printing; it stopped maybe for 3 weeks before different licensees started printing it in Asia, the Middle East and Europe. Are you now involved in the international editions or is this going to be the national and international edition of Newsweek?

newsweek on the shelf Etienne Uzac: The one you’re looking at now is the U.S. edition and we have a sister edition for Europe, the Middle East and Africa that launched at the same time as the one in the States.

We’re also planning later on to launch an Asia/English edition. So you will have, when the Asian edition comes out; you’ll have your Americas/English edition, you’ll have your EMEA/English edition and you’ll have your Asian/Pacific English edition. So those are all owned and operated by us.

Now, as you said, Newsweek has had foreign licensed partners. Those are typically in foreign languages and they are complementary to the global/English editions. We currently have about 6 partners and we are planning to continue growing that number this year with partners all around the world. And they will typically be in their local language to reach their local audience. And they will probably share the majority of the content with us, they will translate it and there will be a portion of that content that we will allow them to produce on their own. So we will co-exist together; the global/English editions and the foreign licensing agreements in each particular country with their own languages.

Samir Husni: What was the most pleasant surprise in all this, from the day you bought Newsweek until today?

Etienne Uzac: I think working with the Newsweek team; I’ve rarely seen this much excitement in the people who work for the brand. I think just working with this team that’s so passionate about the brand and is trying really, really hard to bring back Newsweek to where it once was; we have really great people on staff. I think working together with them and seeing the level of excitement that we have internally and also externally.

As soon as we purchased Newsweek, we had partners and businesspeople who wanted to work with us and we were open with them and we want this business to grow so we are willing to do deals, we’re willing to grow the brand based on a strong editorial core.

So I guess my best surprise has been the level of enthusiasm that this has generated both internally and externally.

Samir Husni: And what was the major stumbling block?

Etienne Uzac: The major stumbling block? I mean, you have growing pains; we started putting out weekly digital issues, so there were technical difficulties putting out on different platforms: the iPads, Kindles and all that. And transferring the assets from the previous owner and making sure that we fulfilled the date of the digital issue on time for the customer that was stressful.

I think as the team grows, as it integrates into a new company, as it integrates with IBT Media, there are technical hiccups sometimes and there are staff hiccups sometimes; I would say it has not been easy, but it has always been moving forward overall. So I wouldn’t say there have been massive stumbling blocks yet.

Samir Husni: Were you expecting when the first issue came out that you were going to be under the microscope and the gates of the media would “open” at you and were you pleasantly surprised by it, were you upset; what was your reaction when you saw the media onslaught?

Etienne Uzac: There was a lot of talk about the cover story and that had a lot to do with editorial. So from a business perspective, I thought that we had a lot of great articles about the launch. I did several interviews and most of the articles turned out very well.

We did get a lot of media attention, but from a business perspective I was pretty satisfied. I thought that it went pretty well.

Samir Husni: If I sit with you here a year from now; what will you tell me about the year in the life of Newsweek?

Etienne Uzac: I think people will really love the content that we produce and I think they will like the vitality of the content that we bring. Again as I said to you; the team is extremely excited about working here. We have experienced editors that have been doing this for the greatest newspapers on the planet; we have junior guys with digital backgrounds; but really they’re all uniting under this desire to have Newsweek really be a strong editorial brand in media.

I think this passion and the quality of the staff that we have put together will make for really exciting content over the year. And I think it’s going to get better and better. We will continue hiring and investing in editorial. I think that we’ll continue revamping and renewing our apps and the website to give the best possible experience to the user. And I think those folks who are really print nostalgic and who like the medium will be very pleased with the quality of the magazine. They will see beautiful paper, design and images that look really, really high definition, great colors on the beautiful advertisements. So people who like print will be really satisfied by the product.

Samir Husni: Which do you prefer to read Newsweek on, in print or on your app?

Etienne Uzac: I prefer the print because I look at a backlit screen 8 hours a day, so I don’t want to go home and read more news on another backlit tablet screen. Personally I prefer the print right now.

Samir Husni: What keeps you up at night?

Etienne Uzac: Just making sure all the nuts and bolts of the subscription process is working flawlessly. I think making sure that the customer who used the website, who logged into the applications, who subscribed to the magazines, since we’re just launching; they’re experience was great. I think this is what I’m most focused on right now. Making sure that everything runs smoothly as the launch continues to extend.

Samir Husni: Thank you.
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Mr. Magazine™ Monday Morning: A New Free Newsletter from Mr. Magazine™

March 10, 2014

Picture 7 Check the preview issue of Mr. Magazine™ Monday Morning newsletter by clicking here. Be sure to register to start receiving the newsletter directly to your inbox every Monday morning. You can subscribe here and check the preview issue here.

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The Return of Newsweek to Print… More Cheers for its Rebirth than Jeers of its Demise. A Mr. Magazine™ Interview with Newsweek’s Editor Jim Impoco

March 6, 2014

“I will say I expected some publicity. I didn’t expect it to be so global and so intense. I am really surprised and I think, in a funny way, it’s getting more publicity for coming back than it got for going out of print. I don’t know, I love the fact that people are talking about it — it speaks to the power of the brand.”
…Jim Impoco

newsweekcover Picture 4Picture 5I put my money where my mouth is. I believe so much in this consumer-centric business model that I went ahead and bought a subscription to the Newsweek Premier Subscription deal: all access for $149.99. The all access is the only way you can receive Newsweek by mail; otherwise you have to buy it on the newsstands (which I will also do). There is no print-only subscription. Print reigns supreme.

So why now and why the return to print? Well, to answer my questions I reached out to Jim Impoco, Newsweek’s editor in chief, who is amazed and pleasantly surprised by the amount of publicity the return of Newsweek is receiving.

Read the Mr. Magazine™ conversation with Jim Impoco, Editor of Newsweek, and discover why he thinks the new business model for the ink on paper magazine is certain to work.

But first the sound-bites:

jim impoco On the negativity surrounding the success of the new Newsweek: It’s funny, even Tina Brown tweeted this morning that she believed a small, targeted circulation is perfect for Newsweek. So I don’t know, the people that say it won’t work, maybe it won’t.

On whether digital entities coming to print may be the new trend: It’s definitely a trend but there are several reasons for it. Some are doing it for marketing and vanity reasons and others, like us, are doing it for commercial reasons as well as legacy reasons.

On whether or not he feels the new business model for Newsweek will work:
I think it’s going to work, I’m betting a lot on it.

On the biggest stumbling block the magazine will have to overcome:
I would say the biggest stumbling block is the lead time required for print.

On whether or not Newsweek can be the bridge that links yesterday to today:
Well, that’s not what we’re trying to do anymore. I think that the era where Newsweek is the last word on last week is over.

On his statement that Newsweek would be like a monthly on a weekly basis: That’s exactly right. It just makes perfect sense that you need that kind of sensibility.

On the publicity the return of Newsweek is getting in the media: I will say I expected some publicity. I didn’t expect it to be so global and so intense.

On what keeps him up at night: Lots of things keep me up at night, but it’s like, are you making the right news call?

And now the lightly edited transcript of the Mr. Magazine™ interview with Jim Impoco, Editor of Newsweek.


Samir Husni: Why do you think there are a lot of negative media reports about the possible success of the new Newsweek?

Jim Impoco: I actually don’t think so. I look at Ken Doctor’s report, he is sort of like the Dr. Gloom of print, right, and he himself said there are a couple of cross currents that could make this work. It’s funny, even Tina Brown tweeted this morning that she believed a small, targeted circulation is perfect for Newsweek. So I don’t know, the people that say it won’t work, maybe it won’t.

SH: I’ve read a lot, you’ve been interviewed a lot, and we’re seeing a lot of digital entities crossing that virtual line and coming to print. Do you think this is a trend?

JI: It’s definitely a trend but there are several reasons for it. Some are doing it for marketing and vanity reasons and others, like us, are doing it for commercial reasons as well as legacy reasons. In other words, Politico doesn’t expect to make any money, I would imagine, right now from its quarterly publication. It’s hard to see what some of those entities have — you know some of their financial models are transparent and others aren’t.

SH: What’s your expectation for the new Newsweek and its new business model? When will you feel that this business plan — the $7.99 cover price and $150 subscription — is working? Do you need to hit 50,000, 100,000 or more?

JI: Actually, well under 50,000 makes us hold.

SH: Do you expect it to work?

JI: I think it’s going to work, I’m betting a lot on it. I am confident that it’s going to work.

SH: From an editorial point of view, what do you think is going to be the biggest stumbling block that you have to overcome?

JI: I would say the biggest stumbling block is the lead time required for print. You have to be able to predict what’s going to be topical four days later.

SH: Is there a way Newsweek can be the bridge that links last week to next week?

JI: Well, that’s not what we’re trying to do anymore. I think that the era where Newsweek is the last word on last week is over. We don’t even think in terms of weeks really, we’re just trying to see where we can advance the conversation, create our own weather.

SH: I’m giving a talk in Germany in two weeks for the newspaper industry about how newspapers must become weeklies on a daily basis. I’ve noticed you’ve mentioned that you’re going to be a monthly on a weekly basis…

JI: That’s exactly right. It just makes perfect sense that you need that kind of sensibility. The Week, the magazine, does a perfectly good job of giving you a concise summary of last week’s news and I think what we’re going to try to do is be a very topical monthly that comes out once a week.

SH: What keeps Jim up at night?

JI: Well, you know, when we close this issue it wasn’t entirely clear if Putin was going to send tanks in or not. Print is a tricky business. Lots of things keep me up at night, but it’s like, are you making the right news call?

SH: Were you surprised by the amount of publicity that the return of Newsweek to print is generating?

JI: I will say I expected some publicity. I didn’t expect it to be so global and so intense. I am really surprised and I think, in a funny way, it’s getting more publicity for coming back than it got for going out of print. I don’t know, I love the fact that people are talking about it — it speaks to the power of the brand.

SH: Thank you.

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A Baptism by Fire in the Print World: Book-a-Zines Discover Their Spiritual Side and Faith is Made Strong

March 6, 2014

From The Holy Land to The Bible: 50 Ways it Can Change Your Life, to Billy Graham and Faith, many publishers are devoting multitudes of book-a-zines to topics of religion and faith.

the-holy-land-national-geographic-28the-bible-71billy-grahamfaith-35

Over the last six months alone, there have been innumerous titles exploring God and His word and the staunch servants who deliver it today.

This month, so far, four different titles have come out: Newsweek’s Jesus, I-5 Publishing’s The Life of Jesus of Nazareth, Beckett’s Where Jesus Walked and TV Guide’s Pope Francis.

Jesus-4 (2)The Life of Jesus-5 (2)Where Jesus walked-6 (2)Pope Francis-3 (2)

But not just spirituality is being explored in book-a-zines, there have been a broad range of topics over the last year alone: JFK, Nelson Mandela, The Beatles, The Rolling Stones, The Civil War, John Wayne and the Obama’s are just a select handful of subjects covered within the pages of these special entities. Where all of these titles are dealing with more earthly issues, book-a-zines are now extending their reach into the divine realms as we see from the abovementioned editions.

life-31obama-17time-34

And with the release of the movie “Son of God,” which follows on the heels of the History Channel’s very successful Bible series and “God’s Not Dead,” which includes a special appearance by Willie and Korie Robertson of Duck Dynasty fame, the expectations of more of these spiritual journals are definitely on the horizon.

So are book-a-zines becoming the reflectors of society, thus usurping the role regular magazines have always held: freezing trends on and within ink on paper, rather than fleeting moments of digital time?

It should be noted, regardless of brand name, whether it’s TV Guide, Newsweek, National Geographic, Time, Life, or People, there are a handful of companies that are creating all these book-a-zines on behalf of those brands.

For example, Time Inc. is publishing on behalf of the American Bible Society and National Geographic. Topix Media Lab did two of the faith-based book-a-zines that have come out this month (TV Guide’s and Newsweek’s), I-5 Publishing did one and Beckett Media the fourth. In addition to the aforementioned, Source Interlink and Husdon News are also producing a lot of book-a-zines under countless titles and brands: the former releasing Real Food Real Kitchens last August.

So the brand appears to be happenstance; what doesn’t, is the burgeoning success of book-a-zines and their in depth information on whatever person, place, or thing that might interest an individual.

So keep the faith, as these special entities we call book-a-zines seem to be. With Jesus on the cover of several of these ink on paper editions lately; there is definitely hope for the print world and all of us!

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Dr. Oz The Good Life: Real Time, Right Time, Real Audience, Right Audience, Real Magazine, Right Magazine…A Story of a Good Magazine Launch – The Mr. Magazine™ Interview with Kristine Welker, Publisher and Pursuant of The “Good Life.”

February 11, 2014

Dr. Oz86 Imagine over 60 advertisers signing on to a magazine sight unseen, no workable name created and not even a prototype to look at. Well, you really don’t have to just imagine it; you can actually believe it, because it really happened with Dr. Oz The Good Life magazine.

In the conference room of the 16th Floor at the Hearst Tower in NYC, vice president, publisher and chief revenue officer of Dr. Oz The Good Life magazine, Kristine Welker spoke with me about the power of the brand:

“They signed on based on the concept. We didn’t have a name and we didn’t have a prototype. Talk about the power of magazines and voice. All of these advertisers felt like this magazine so belonged or this brand belonged in print that without a prototype and without a name they said, “I’ll be in the issue.” Over 60 of them.”

Now that’s print power personified!

Ms. Welker was the founding publisher of Cosmo Girl! magazine in the late 90s, and the former chief revenue officer of Hearst Digital Media, a job she held for the last seven years.

With her digital background and experience in launching magazines, Welker brings a plethora of talent and creativity to the magazine that no one else could and believes in the Oz brand vehemently and the new launch of a print magazine in today’s digital world.

So sit back and enjoy Mr. Magazine’s™ hale and hearty interview with Kristine Welker, publisher of Dr. Oz The Good Life Magazine… But first the sound-bites.

The Sound-Bites:

IMG_4525On backing away from the print versus digital argument and focusing on Dr. Oz as a brand…
I don’t see it as print or digital — it’s about a brand and you know I really responded to the power of and I believe in the brand around Dr. Oz. So for me I saw it as a giant opportunity not to go from digital to print but really to say this is a great brand opportunity, a great brand platform and a brand that millions of consumers want to see in print.

On printed magazines in today’s digital world…
With magazines we have to view technology as an enabler not as an inhibitor to growing our brands.

On launching a new magazine in today’s digital world…
You have to build upon your strength at the newsstand, but then begin to mine your own data to really prospect and find a new audience.

On her view of the digital future…
When I think about digital, I don’t just think about digital as your mobile device; I think about digital as maybe your Fitbit and your Jawbone and all the data.

On the first major step to ensure the future of a new magazine…
So the first part of it is for us to prove that we’re reaching and connecting with consumers today in a way that no other brand is and maybe no other platform.

On creating a new category of magazines…
What I was very happy to hear and to see from a media standpoint is that they see the white space that we do. We believe that like we did with Food Network and HGTV magazine that there’s an opportunity to go in and redefine the health and wellness magazine category.

On the power of the printed magazine…
You know there is a moment in time – in real time – that real people sit down on their real couch and they read a magazine for two hours and they enjoy every minute of this magazine.

On the biggest challenge for the magazine thus far…
I think the biggest challenge, which I’m not surprised by, is the struggle (advertising) people will have because they’re saying we don’t have a print budget. And I am trying to change that conversation to say: why don’t we talk about your brand budget and whether or not this brand fits with the profile of what your brand is trying to accomplish and not look at this as a print spend but brand affiliation.

On Kristine Welker’s predictions for the magazine a year from now…
I imagine it being a powerhouse in the magazine arena the way HGTV Magazine and Food Network Magazine became leaders in their field and redefined their categories.

On the genius that is the name — “The Good Life”…
That’s a great question and it’s a brilliant name…The Good Life. Everybody aspires to live the good life and they want to be on the path to a good life, a happier and healthier life.

On what keeps Kristine Welker up at night…
What I worry about is talent and maintaining the talent within big media companies that are perceived as legacy organizations and you know it’s important for us to be able to inspire and attract talent and say, “How excited would you be to work on a startup?” Everybody wants to work at a startup as opposed to, “How excited are you to launch a magazine?”

And now the lightly edited transcript of Mr. Magazine’s™ conversation with Kristine Welker, Publisher of Dr. Oz The Good Life magazine.

welkerSamir Husni: Of course the obvious question…a lot of your colleagues are jumping ship from print to work with digital and here you were in charge of digital and now you’re back to print. What’s going on?

Kristine Welker: You want to know if I’ve gone crazy, if I’ve gone nuts, right? I don’t see it as print or digital — it’s about a brand and you know I really responded to the power of and I believe in the brand around Dr. Oz. So for me I saw it as a giant opportunity not to go from digital to print but really to say this is a great brand opportunity, a great brand platform and a brand that millions of consumers want to see in print.

And so when you think about it every time he is on anybody’s cover whether it’s a magazine we own and operate or not, you name it, as you’ve been reporting; he’s one of the best if not the best selling magazine on newsstand for those magazines. So for me it wasn’t about going from digital back to print, it was looking at this as we all should — that this is a great brand opportunity and a brand that should be in print.

And clearly if you look at all the research, people want to buy magazines from him so why not a magazine? Anyway, I saw this as a great career opportunity to launch his magazine brand. But it’s also what do I take from digital to bring over to this magazine launch that might be different? How do we create the new model behind launching magazines? So it’s taking what we learned in digital and bringing it over to launching this brand.

SH: As you reflect on your career from working at Meredith in advertising and then going through CosmoGirl! and then going to digital…If you look at it from the beginning to now, how did things change for you in relationship to the industry?

KW: If I look back to CosmoGirl!, that was a great opportunity — launching CosmoGirl!. I was there for seven years and I had a terrific time. We were the first magazine to launch the magazine and the website simultaneously. So that was very, very unique.

What I learned was the power of the youth market, the power of the future. And I really began to listen and watch carefully to how they were consuming media. Obviously they were early adapters of technology. I decided I wanted to follow technology and that’s what brought me over to digital. But you know CosmoGirl! brought me on the path to understanding how people wanted to consume media. And if we look at the younger generation, from early on they wanted a magazine and a website. They wanted a magazine and mobile. It wasn’t one versus the other — they still wanted both.

So that put me on I believe an organic path, because when I started watching how they were consuming media that’s how I then decided to follow the technology, understand the world of digital and how that is changing how people are consuming brands and so that’s why I decided to move into digital.

I’d say what I learned in digital is how do you take existing models and bridge that with new models. So it was never an either or, it wasn’t print or digital. It’s not even native versus display or tablet versus mobile. It’s not an either or, like you said… it’s how do all of these touch points all work together? In digital what I would say I have learned is technology matters. With magazines we have to view technology as an enabler not as an inhibitor to growing our brands.

And so how do you take digital and bring it into the world of evolving the magazine model and bringing that forward? So after being in digital for seven years, I thought it’s time, the right brand and I thought this was the right brand, the right time and I thought the right product to say how might we do things differently? How might we launch a magazine differently?

And so in the past we would launch magazines on the newsstand exclusively and that’s how we would test and then we would do some consumer marketing testing. With this particular launch we were really smart about leveraging our data and so what we’ve learned in digital is the value of data and what publishers do really well now is realize that all of this data is a currency that we need to take advantage of more.

In launching this magazine I thought what was really smart is that we put it on newsstands like we normally do and have a great cover that’s going to pop on newsstand and great newsstand penetration but on top of that we had a really smart consumer marketing data driven strategy, where when we first decided to launch this magazine we had all these women that were what we call ‘hand raisers’ and they said sign me up for when this magazine came out. We call them “super fans” so there were 10,000 women almost over night that said when the magazine comes out I want to know more.

So we said let’s begin to profile the 10,000 women and turn that into a lookalike model and begin to find other likeminded women throughout the Hearst database of around 70 million names. And so that’s where it became very, very interesting.

From there we then learned in the focus groups that there are women who may not be watching Dr. Oz on the TV show because they’re working. They may not be even taping Dr. Oz because they’re taping something else like Scandal or The Good Wife or something else they might be interested in and we know that they may or may not stumble across the magazine at newsstand.

From there in the focus groups when they saw it and said this really speaks to me because I may not be reading parenting magazines anymore, I may not be reading health magazines because I’m not really focused on flat abs in five weeks anymore, but I would read this magazine. And so out of the focus groups we realized we may not stumble across these women.

Then we added Cosmo and Marie Claire into the mix. So anyway, you can begin to see that we became very savvy about using our data and so the company decided that it’s no longer good enough to just say I’m going to polybag this with Good Housekeeping because we know that when he’s on Good Housekeeping they’ll buy that magazine. I thought that was really interesting and we poly-bagged this on its own.

So you see where we began to pull data into doing database modeling and we did lookalike modeling. So all the things that digital advertising is credited for, lookalike modeling, targeted advertising; you know all the things that people love about digital, we took all of that learning and applied it to how we wanted to launch this magazine and we became very targeted in our approach.

So what I wove in there was how I made my journey, but I wanted to give you a sense of how we pulled some digital expertise and knowledge into saying how might we launch a magazine differently. And we decided to layer on the data and that doesn’t mean we didn’t do that it just means that we’re doing it more strategically.

SH: What was the most pleasant surprise in doing this — using digital to help with the launch of Dr. Oz The Good Life?

KW: I thought that was one interesting thing. I really believe that that’s a new approach to launching a magazine and its new model. And so we’re going to build upon our strength at newsstand but then begin to mine our own data to really prospect and find a new audience.

And that’s what I thought was really interesting. I think we’ll find an incremental audience because of that and I think that’s what’s interesting. I think digital for this magazine has only just begun.

What I think is going to be even more interesting is if you step back and look at the wellness space broadly and I’m not talking magazines, I’m talking wellness through the lens of a consumer; when you look around how many people are wearing the Fitbit or the jawbone? When I step back and look at new models I say he is the most trusted voice in the wellness category; so how does a magazine interact not just with your mobile device but what about your Fitbit and your Jawbone.

So when I think about digital I don’t just think about digital as your mobile device I think about digital as maybe your Fitbit and your Jawbone and all the data or I should say all the — obsession’s not the right word — but you know this is no longer a health movement, this is a cultural shift to people wanting to own their wellbeing and their wellness. Just the way people wanted to document their life on Facebook, if you look at the wellness space, people are documenting their own wellbeing so I think that’s where the digital opportunity for Dr. Oz comes in is how do you step back and look at the wellness space and how consumers are consuming wellness and so that’s where I think digital gets really interesting in what we do through that lens.

We’re not there yet but when we think further out such as how does ESPN communicate with twitter, then how do we communicate with our Jawbone? Those are the kinds of thing that I find interesting or fun.

SH: What was the biggest stumbling block? You had a great asset in the launch model, you had a great brand, you used digital to help execute the brand and besides all the naysayers in the media, what was or is the major stumbling block that may hinder The Good Life from succeeding?

KW: Well, first of all let me tell you the positive first. I’ve only been in front of advertisers and the press for about a week now. But advertisers because my friends in the press world don’t have any money to buy ad pages and we all know how important that is, so I’ll talk about it through the advertiser’s lens first.

What I was very happy to hear and to see from a media standpoint is that they see the white space that we do. We believe that like we did with Food Network and HGTV that there’s an opportunity to go in and redefine the health and wellness category. And that doesn’t mean that we want to be a health magazine, in fact we see this as a new kind of healthy women’s lifestyle magazine that covers everything from fitness to cooking, parenting, financial well being, beauty, you know all of the categories.

What I found most refreshing was the willingness of the media industry to not feel the need to categorize us. Because as we know the way people live their lives they don’t live through a vertical lens and from a media standpoint it’s often easier to put you in a vertical category. And I was really happy to hear that people felt like there are opportunities to take a horizontal approach. What I mean is the tendency is to say, “Well, what are you? Are you a health magazine or are you an “x” magazine.” So people, No. 1 saw the white space and really believed that there was an opportunity to create something totally unique. They obviously buy into the trusted voice of the authority of Dr. Oz. People respect the track record Hearst has in launching magazines and redefining categories like food and home.

I think the biggest challenge, which I’m not surprised by, is the struggle people will have because they’re saying we don’t have a print budget. And I am trying to change that conversation to say why don’t we talk about your brand budget and whether or not this brand fits with the profile of what your brand is trying to accomplish and not look at this as a print spend but brand affiliation. Does my brand align with your brand message because this brand holistically isn’t just print…it’s print, it’s digital and if we wanted to go even further, it’s television broadly and everything else that the Dr. Oz brand touches.

So that’s again my two weeks on the road. I’m not surprised by it but that’s the conversation that I need to change. Not talking about a print spend but a brand spend and getting them to look at us as brand to brand. Because if you look at so many brand marketers today, so many of their brand messages speak to health and wellness. And then with the beauty category it’s all about wellbeing and feeling better and taking care of you. If you look at insurance it’s all about being healthier and happier so there’s no question that there’s a brand allegiance — it’s getting past the print versus something else.

SH: I know you’ve only been on the road two weeks explaining this major shift in thinking. How long do you think it will take the media buyers to understand that it’s a brand, it’s not like ink on paper or pixels on a screen and what can you offer them in return?

KW: The first thing we need to do, and we are on the path to doing this, is to prove the power of this brand platform, because ultimately what an agency wants is to connect with an audience – the right audience of course.

And what does a marketer want? The marketer charges their agency with finding that audience and so I think the first thing is to prove that we are doing our job and branding the magazine and connecting with that audience and the audience at scale. And that’s what I would focus on. That’s what I will focus on because a marketer will always stop and say, “I want to reach people,” and right now they believe they can reach people in ways that sometimes include print and then sometimes don’t include magazines, so the first part is to prove that we’re touching the right audience and a sizeable audience because that’s what the marketer at the end of the day wants – they want to reach an audience and they want to reach the right audience.

So the first part of it is for us is to prove that we’re reaching and connecting with consumers today in a way that no other brand is and maybe no other platform is.

SH:One of the buzzwords today is that it’s no longer about the real time, it’s about the right time. You’ve used words like the right audience…

KW: Real time, right message, right context and then the right consumer. And sometimes the magazine might not be the right context so what they’re saying is if there’s a very targeted, click now, download, whatever it is, that may be better served. A highly-targeted, promotionally-driven response right this second to go get an offer of something that happens to be in a store right this moment. I mean that lends itself to a mobile driven strategy.

But yes it is real time, right now; right message and magazines do live in real time. I love that. People don’t read magazines in real time? When do they read them then, in their past life? You know there is a moment in time – in real time – that real people sit down on their real couch and they read a magazine for two hours and they enjoy every minute of this magazine.

Oz insert-87 And what Dr. Oz loves is that they pull this out, this insert inside the magazine, this definitive guide to vitamins and they pass this along to other people in their family — it’s the power of living paper as Michael Clinton, (president and marketing & publishing director at Hearst Magazines), calls it. Here’s Dr. Oz, this is the stuff he says he can’t do on television. He can talk about dropping 10 pounds in 10 weeks. This is the thing he says somebody is going to take out of the magazine and put it up on their refrigerator. And what I love that he said once, “I’ll take it one refrigerator at a time, because that’s the door they open every day and if they want to take my magazine apart and put it up on their refrigerator, that’s the power of print.” That’s the power of touch, the power of connecting with people. Show me an advertiser that doesn’t want someone to tear their vitamin booklet out with the Walmart ad on the back and they don’t want this thing floating around the house for three months. That’s the ROI.

So that’s why I’m happy to be back in the magazine world because I have never felt that magazines didn’t matter even when I spent seven years in digital. It was always the power of brand at scale and at digital that we were able to aggregate audiences at scale and do interesting things.

But there are certain magazines that belong in print and this is definitely one of them. And Dr. Oz has proven that he can move an audience to take action. Because whenever he promotes something, whether it’s a diet or a product, people respond. And he himself believes that he can take that into a magazine format and he believes that he can touch more people. He doesn’t believe that he touches everybody… through all of the platforms that he’s on and he decided to go into magazines because he feels like he’s missing a huge audience and a huge opportunity.

SH: When I call you next year and make an appointment to speak with you what will you tell me about Dr. Oz The Good Life a year from now? Where do you imagine yourself to be with the magazine a year from now?

KW: I imagine the magazine published 10 times a year if not more. I imagine the magazine being a powerhouse in the magazine arena the way HGTV and Food Network became leaders in their field and redefined their categories.

But I also like to believe that we have done a good job finding other ways to connect other people to the good life and thinking about cross-platform in new and different ways and I believe people are so engaged with his brand and his content that they will go deeper within his community. Then they pay more to go deeper within that community.

And so I think that lends itself to lots of interesting opportunities for us as publishers of brands and content to do interesting things with that content. It goes back to something you said earlier, you mentioned the word community just in passing; I believe there is a very loyal community around Dr. Oz that will allow us to do interesting things and it could be by partnering with a wearable device or just sort of owning wellness in ways you might not have expected. And hopefully showing that magazines can penetrate and build an audience beyond just the pages of the magazine and I don’t just mean having a website and mobile but to do other things and I’m hesitant to use the term paid content model but you get where I’m going.

What else can we do to engage our audience beyond the pages of the magazine? It’s not just about a website any longer. That’s almost an antiquated model. So it’s redefining what cross-platform looks like is the best way to say it because the new model is no longer, I have a magazine and a website or I have a magazine and I have a mobile optimized site. That’s not the new model any longer.

So the question becomes, as we look back in a year, how we will move the new model forward and I haven’t figured that out yet. But there is something around this sort of momentum behind the health and wellness category and the fact that people want to document their wellness through the Jawbone and the Fitbit the way they wanted to document their lives on Facebook.

Our brand belongs in that space because the good life sets us up to helping people find that path towards living the good life. That could be apps that could be the Fitbit and the Jawbone, it could be a little bit with what Popular Mechanics is doing where they now have their online seminars. It’s all of these things that might take these people with us to achieving the good life that allows us to jump from the pages in the magazine to something out. I haven’t figured out the something else.

SH:Just make sure that I’ll be the first one when you figure it out, let me know and I’ll publish it.

KW: The wearable devices…think about it, TIME last week did a whole piece on mindfulness and everybody is walking around with their Jawbone and Fitbit. This is all about people documenting their health and wellbeing and I’m excited about that because people aren’t going to do that on Facebook. Facebook serves a purpose; I’ve documented my life on FB. But you see that people are now documenting their path to the good life. That’s what the Jawbone is.

SH: You’re focusing so much on the Good Life. I don’t think we can find a single human being and you promise them the good life and they say no I want the miserable life. Is that a purposeful marketing strategy, the focus on the good life more than Dr. Oz in the branding, in the name?

KW: That’s a great question and it’s a brilliant name…The Good Life. Because it’s exactly what you said, everybody aspires to live the good life and they want to be on the path to a good life, a happier and healthier life.

The way we all settled on The Good Life, and there were lots of names, really one came through focus groups, the focus groups that we did through the magazine research, and also the focus groups that Dr. Oz has been doing in touching so many people whether it’s at the hospital or on the TV show. You know we heard in focus groups that people were saying, “It’s not about flat abs, it’s not about my aliment, I genuinely want to live a good life – I want to be healthy and happy. That’s what I’m in pursuit of, the good life.”

What Dr. Oz says so brilliantly is that he wants to meet people where they are. Not everybody is at the same point along that journey to the good life. Somebody might be thinking about losing 10 pounds, somebody might not need to lose 10 pounds but might want to connect more with friends and family. Everybody is at a different place, but what we were hearing through the focus groups and what we’ve heard Dr. Oz comment about as well is that even when people were talking to him is that I want to be happy and healthy and that is speaking very much to what people were looking for in a magazine but also from him.

They don’t just see him as a doctor; they see him as somebody who is living a good life. He’s optimistic, he’s happy and he’s upbeat. And he is a very informed person who happens to be America’s favorite doctor, but they really see him not just as a doctor, they almost see him as the ultimate coach.

I think that’s a good way to look at it…a coach to being healthy of course, but being happy because he appears so happy. When you talk to him and ask him all these questions, and that’s where we felt so good about the Good Life, and then when we were talking more about it with focus groups, were immediately aspired to it and when we were hearing about the white space, the other thing and you’ll find your way to say this, the other thing we were hearing is that they realize that life isn’t one-dimensional and they recognize that life isn’t real simple.

That’s where with the lifestyle approach to the magazine we felt very comfortable and validated by it. Again our lives are just not one-dimensional. If they are time–deprived they may not be able to go deep into a category of interests. It might not just be about fitness or eating well or losing weight…so that was the other thing too.

All of these things rolled up for them as the things that they wanted in achieving the good life. So The Good Life was a great umbrella and the focus groups loved it. Now from a marketing standpoint, I will tell you it was the market speaking and the market of consumers spoke loudly, as you pointed out yourself, who doesn’t want the good life, so everybody really loved it. I will tell you from a marketing standpoint I think it speaks to what we want to do in the magazine very clearly. We don’t want to be a house magazine; we want to be a healthy living magazine, a healthy lifestyle magazine, so the good life says it all. So I love the title. I’m on the path to the good life.

SH: My last question to you…What keeps you up at night?



KW: Well, so I’m in the staffing mode right now. It doesn’t keep me up at night…let me answer not through the lens of just this magazine, maybe pulling back on the industry broadly.

I look at my career as a bit of a narrative and I think it’s important that people do things that they find interesting and not that they feel like they have to do. So this is something that I find very interesting.

What I worry about as an industry, and I get this question a lot, which is…you know people that stay at a company for a very long time, they see me as a throwback as opposed to somebody that has stayed at a company for over a decade and is working on their third start-up. So I latched onto a term that I love called an entrepreneur. I heard that somewhere.

What I worry about is talent and maintaining the talent within big media companies that are perceived as legacy organizations and you know it’s important for us to be able to inspire and attract talent and say, “How excited would you be to work on a start-up?” Everybody wants to work at a start-up as opposed to, “How excited are you to launch a magazine?”

I think it’s the whole idea that we have to continue to motivate and retain talent and keep them exciting and engaged in the idea of big media companies and also the world of media which includes magazines. So that’s the thing, I don’t know if I worry about it and stay up every night about it, but I do think it’s important and then I worry about the next issue.

SH: Thank you.

© Samir “Mr. Magazine™” Husni, 2014.

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From Print to Digital and Back to Print: The Journey of Kristine Welker, Publisher, Dr. Oz The Good Life Magazine

February 8, 2014

To some it may seem crazy, but to the passionate, fired-up, excited and curious Kristine Welker, vice president, publisher, and chief revenue officer of the newly launched Dr. Oz The Good Life magazine, the move back to print is nothing but a logical step in her publishing career journey. Dr. Oz The Good Life magazine is the third major print launch from Hearst magazines in the last five years, and Hearst is betting on a trifecta!

Ms. Welker was the founding publisher of Cosmo Girl! magazine in the late 90s, and the former chief revenue officer of Hearst Digital Media, a job she held for the last seven years. Now, she is back in the print saddle with the launch of Dr. Oz The Good Life magazine. What gives?

For the Mr. Magazine™ Minute, I asked her why did she move back to print from the digital world? Her answer below:

And stay tuned Tuesday for the in-depth Mr. Magazine™ Interview with Kristine Welker, publisher of Dr. Oz The Good Life magazine.

© Samir “Mr. Magazine™” Husni, 2014.

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January Magazine Launches Are HOT, HOT, HOT… Unlike the Month’s COLD Temperatures.

January 31, 2014

With the news that American consumers bought at the newsstands more than 12 million copies of different magazines each and every week of 2013 (thanks MagNet for sharing the news), now comes an additional 77 new titles to pick from. There is no shortage of new magazines regardless of the weather, the location, the subject matter, etc. etc. etc.

In January alone new titles appeared on the nation’s stands covering every conceivable topic one can think about and some that you do not want to think about. From Adult to Sesame Street new magazines left no “reader” behind. Magazines are aplenty and as the good folks at MagNet say “customers continue to show that they are willing to pay good money in a tough economic environment for high quality publications, especially if they can’t get those same publications more cheaply through subscriptions.”

To check each and every new title appearing on the stands in January click here, and here is a sample of six new magazines from the January Mr. Magazine™ Launch Monitor.

Adult-18Electric Bike-19Mud & Obstacle-68Sesame Street-12UnTacked-4Zeroed-7

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New Magazine Media Launches: The 2014 Magazine Media Moguls’ Great Expectations As Told to Mr. Magazine™… Part 2 of 5

January 21, 2014

SamirCEOs1

The Mr. Magazine™ First Ever E-Roundtable with 10 Magazine Media CEOs and Presidents

New Magazine Media Launches: Bullish on Print and Digital

What are some of the largest magazine media companies expecting from 2014 in the world of magazine media? What are Active Media Interest, American Media, Inc., Condé Nast, Dennis Publishing, Hearst Magazines, Heinrich Bauer USA, Meredith Corp., Rodale Inc., The Taunton Press and Time Inc. up to in 2014?

Well, for this installment of “The 2014 Great Expectations” the CEOs and presidents of the aforementioned magazine media companies offer their expectations regarding new magazine media launches in 2014.

The magazine media moguls are, in alphabetical order, Hubert Boehle, CEO, President, Heinrich Bauer USA, LLC, David Carey, President, Hearst Magazines, Steven Kotok, CEO, Dennis Publishing, USA, Steve Lacy, CEO, Meredith Corp., David Pecker, CEO, American Media Inc., Tim Rahr, President, The Taunton Press, Joe Ripp, CEO, Time Inc., Scott Schulman, President, Rodale Inc., Bob Sauerberg, President, Condé Nast, and Efrem (Skip) Zimbalist III, Chairman and CEO, Active Interest Media.

Now for their new magazine media launches’ expectations for 2014:

HUBERT_BOEHLE_CEOHubert Boehle: In 2013, we launched three magazines. Closer, which I just found out is already the 15th top selling magazine in Walmart. Celebrate with Woman’s World which sold an estimated 200,000 copies of its first issue, all at full retail price, a fabulous result. Finally Girls’ World which opens up a new category for us. So 2013 was an exciting year for us and we are not planning on slowing down in 2014. Two more magazines are pretty much ready for launch and we are beginning work on a third one.

david-carey-resized-o.jpg?w=359David Carey: There’s plenty of white space for introducing new products, which we are committed to doing every two years. In just a few weeks, we’re debuting Dr. Oz THE GOOD LIFE, following on the success of Food Network Magazine, now the No. 2 best selling monthly magazine on the newsstand, and HGTV Magazine, which achieved profitability and a circulation of more than one million in just 18 months. And we have plenty of ideas in the pipeline for what will come next.

Steven Kotok-3Steven Kotok: More activity from smaller companies in enthusiast space and little from the largest publishers.

Steve LacySteve Lacy: We’re very excited about Allrecipes magazine, which we launched in November. Advertiser and consumer response has been strong, and we’re proud it was named Launch of the Year by MIN. Its part on a larger effort to expand the Allrecipes brand across multiple platforms. Look for expanded Allrecipes video segments on The Better Show in 2014.

David PeckerDavid Pecker: Launching a new stand-alone print publication will become more and more costly and difficult – digital editions will be perceived as a better way to go, even with established brands looking to develop publications.

Tim RahrTim Rahr: Digital allows us to serve and grow our enthusiast customer base in a really nimble and agile way. Our new product efforts for the year will be focused on digital.

Joe Ripp4197finalJoe Ripp: Last fall, we launched the Time Inc. video network. In 2014, we’re going to be ramping up our production of compelling and original video programming from our new studio space. We’ll also continue to introduce new ad products that benefit from our enormous scale and our unparalleled data and insights.

Scott SchulmanScott Schulman: We have several international launches planned for 2014, both in new markets like the Middle East, first with Women’s Health in March, and new titles in current markets like Sweden, India and Portugal. We already reach 75 million people around the world with 95 international editions across 60 countries, and our brands and content are particularly well suited for a global audience. There is huge international interest in health and wellness, so we’re moving to extend our leadership as the global voice for healthy living.

robertasauerbergjr_0_0Bob Sauerberg: Last year, we launched the CNE digital video network. It has performed far beyond our expectations. We will roll out another six brand channels this year which will bring the total number to 13 by year’s end. Our focus is not on building and launching new brands, but instead organically growing and expanding the incredible brands we already have. It’s a bigger, better and more consistent ROI for us.

ZimbalistSkip Zimbalist: We have a number of new launches along the full spectrum of magazine media, events and video production. Our recent acquisition of Warren Miller Films gives us a new leg to the stool that we are rolling out among each of our five groups.
Overall, we expect revenues to up over 17% in 2014, after a 9% increase to a new record in 2013.

Stay tuned for the next installment when the CEOs and presidents of the top magazine media companies reveal their expectations regarding circulation and distribution of magazine media in 2014.

©Samir “Mr. Magazine™” Husni, 2014

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Sesame Street Magazine Returns to Print…

January 5, 2014

sesame streetAnother casualty of the 2008 double whammy that impacted the magazine industry, when the economy busted and technology burst on the scene, was children’s magazine Sesame Street. Founded in 1970 by the Children’s Television Network the magazine folded its print edition in 2008.

Following the “return to print” trend, Jan. 2014 welcomed back the relaunch of Sesame Street magazine by the New Jersey based Redan Publishing Inc., the company with the tag line “Fun to Learn.”

The magazine is published 6 times a year with a cover price of $4.99 and a subscription price of $27.93.

Welcome back Sesame Street magazine and the entire Sesame Street crew…

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Eight Book-A-Zines for Almost One Hundred Dollars Usher In the New Year with a Blast…

January 1, 2014

If the first signs of the new year provide a clue of what the year ahead is going to be in terms of new magazines, then the forecast for 2014 is going to be simple: it is the year of the book-a-zines. Eight titles ushered in the first day of 2014 with a total cover price of almost one hundred dollars; a little more than ten dollars an issue.

From hair to paint, from heroes to zeroed, and from new beginnings to final tributes, a total of eight titles ushered in the first signs of life for new magazines in 2014. Take a look and let the celebrations begin.

Zeroed-7

Paint It-6

Mandela-4

John Wayne-2

Covert Ops-3

Coastal Living Weddings-8

American Farmhouse Style-5

Allure-1