
Just in from Romenesko: Nielsen Business Media has announced that it will close Editor & Publisher, a trade publication that covers the newspaper industry.
Nielsen is also selling several of its publications, including Adweek, Brandweek, Mediaweek, The Clio Awards, Backstage, Billboard, Film Journal International and The Hollywood Reporter. It's closing both E&P and Kirkus Reviews.
In the announcement, Nielsen president Greg Farrar said "Many of our friends and colleagues within these businesses will be leaving the company or will begin to transition to the new ownership immediately."
Late update: In an announcement on the E&P web site, editor Greg Mitchell remains optimistic:
"I'm shocked that a way was not found for the magazine to continue it some form -- and remain hopeful that this may still occur," Mitchell said.
According to the announcement, staff will stay on through the last few weeks of the year.
Ripper McCord
December 10, 2009 12:07 PM
This is indeed a very bad omen for responsible media and the future of the newspaper industry. On the other hand, the dry E&P never was a good read or a real page-turner for me.
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paulw
December 10, 2009 12:25 PM
Everybody loves to read it, no one wants to pay for it.
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Quesie
December 10, 2009 12:56 PM
Kirkus, too. This is huge. The great publishing disembowelment continues.
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socraticgadfly
December 10, 2009 1:45 PM
PaulW nails the issue of the online media world in general. It's called a "paywall," and it's still not too late to implement it. BUT, in the daily newspaper world, it will have to be a top-down implementation by AP, which right now is a clusterf*ck on this issue.
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condew
December 10, 2009 6:33 PM
What is the fair price to pay to read on-line? It should be conciderably cheaper since there is no printing and distribution. It has to be by the article, not by the month. If a blog links to an article, I might well pay a small fee to read it, but if its behind a pay wall and I've got to buy the whole publication for a year to get to it, I'll pass it up every time.
The answer could be as simple as making articles available formatted in such a way that blogs can present the article directly from the author or publication's website in a frame, complete with the ads that support the author and publication.
I'm sure as there is a way to pay small amounts to read an article, it will be turned into a way to gouge the readers with excessive fees, or a surprise fee to read the to end.
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AllanCook
December 10, 2009 6:57 PM
I was an avid reader of E&P when I was a journalist, and I am saddened but not surprised to see it go. We're all editors and publishers now.
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Tosh
April 28, 2010 2:28 PM
What is the fair price to pay to read on-line? It should be conciderably cheaper since there is no printing and distribution. It has to be by the article, not by the month. If a blog links to an article, I might well pay a small fee to read it, but if its behind a pay wall and I've got to buy the whole publication for a year to get to it, I'll pass it up every time.
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