At the company’s big three papers — the New York Times, International Herald Tribune, and Boston Globe — print and digital ad dollars dipped 6.6 percent to $220 million, while circulation revenue was up 8.3 percent to $233 million. The historical rebalancing may indicate a sea change in an industry that has long relied on advertising to stay afloat.
An interesting fact all by itself. Sending my mind along multiple future paths for the newspaper. Will readership shrink as it goes from free to paid? Can it still be the paper of record if it’s behind a paywall? Are they just forcing freeloading readers to go elsewhere?
It did send me to the Los Angeles Times, San Diego Union-Tribune, and, ironically, to social media for alternate news sources.
Though, I do have a bone to pick with one of the closing statements in the article, “…no longer depend on ad revenue, but must rely more than ever on the whims of the customer.”
I would have thought being free of advertisers to be a positive move. Is this a ‘thing’ in the newspaper industry that readers are so whimsical?
And, why does the New York media always have to insult its readers?
Here is the perfect Pinterest account to follow, The Los Angeles Times. The paid photographers of newspapers and magazines are the ideal users of Pinterest. After all, they are trained professionals in the art of awesome photography.
While most of us are creating boards called “Things I like” and “My Style” they are doing things like “Cityscapes at Dusk” and “Photos of Celebrities at the Oscars”. Getting to places we often can’t get to and going to places we are too busy (or lazy) to go to.
At least, that’s my thought on the subject, and my argument for print publications to rock Pinterest. They can only make the site better.
Because, I mean, haven’t you fallen in love with Pinterest?
What innovations have you made in your daily life? Whether it’s a gadget you’ve fashioned, or something less tangible, we want to hear about it. Your submissions will be published on nytimes.com and may be featured in the New York Times Magazine if our judges — Martha Stewart, James Dyson, Paola Antonelli and Ben Kaufman — select your idea. Submit now:
For a special issue on June 3, we invite you to share an innovation that you have made in your daily life. Maybe you’ve figured out a way to make waking up more pleasant by jury-rigging your alarm clock. Or maybe you’ve invented a foolproof method for shining your shoes, or for finding time to exercise. It could be a gadget you’ve fashioned, or something less tangible. We want to hear what you’ve come up with.
To be published in the June 3 issue.
Submissions will be accepted until May 7 at 9 a.m. Eastern time.
What could be better than beautiful weather, beaches, and your favorite scrappy start-up?
Two cities in Los Angeles are slowly becoming hubs of technology, Santa Monica and Venice.
In the spread out landscape of Los Angeles these two cities are adjacent close-knit urban areas, with ample office space, coffee shops, restaurants, and apartments. But, not the typical high-rise or pre-fab buildings, these are old school one-story remodeled spaces.
Think fun, diverse, and in some places gritty (i.e. hipster).
Recently, both held town hall meetings with local companies and government officials to strategize growth:
Santa Monica devoted much of its annual State of the City address to promoting the tech community, with Mayor Richard Bloom declaring: “Today we are not just Santa Monica, but Silicon Beach and the Tech Coast.” (In an unofficial vote later, hundreds in attendance overwhelmingly threw their support to the Silicon Beach name.)
“Our technology-qualified workforce, creative workplaces and leading broadband infrastructure will keep our economy well-positioned for future growth,” Bloom said.
After the mayor’s address and a short video touting the rise of tech companies in Santa Monica, Jason Nazar, who is chief executive and co-founder of local start-up Docstoc.com, moderated a panel of people connected to the tech scene.
The quirky beach-side community drew hundreds of attendees to a packed town hall meeting dubbed The Emergence of Silicon Beach.
Executives from Google, local start-ups Viddy and Mogreet, and accelerator Amplify were on hand for a panel moderated by Los Angeles City Councilman Bill Rosendahl, who repeatedly told audience members that they were witnessing a “Venicessance.” Nearly two dozen tech companies set up booths to tout their products and ideas to about 400 attendees.
“Ten years ago, it was very hard,” James Citron said. “You had to fly up to San Francisco and do the Sand Hill Road dance, for those of you who know the venture capital world. Now they’re coming down here looking for great companies, so that’s a big fundamental change.”
If you’re free this weekend, April 21-22, 2012, you might want to attend the Los Angeles Times Festival of Books. The largest book festival in the country with more than 140,000 attendees, 400 authors, 300 exhibitors, 100 panels, cooking demonstrations, and poetry readings.
The festival is a free public event held on the campus of University of Southern California (USC).
One note is that the panels require $1 reservations, not sold the day-of. These will be some of the most interesting events, including movie screenings, celebrity authors, and special releases, so it is worth it to get them now before they sell out.
Out of the 120+ panels, here are the ones that tickled our fancy:
Future Books: Media in the Digital Age
Disposable Nation: Trash & Consequences
Anne Rice in Conversation with Scott Timberg
The Nerds Shall Inherit the Earth
We will be there all-day Sunday and hope to see you!
What do Sugar Ray Leonard, Judy Blume, Betty White, T.C. Boyle, Rodney King, Joseph Wambaugh and Kareem Abdul-Jabbar have in common? They’re just a few of the high-profile personalities appearing this weekend at the Los Angeles Times Festival of Books.
This year’s festival blends familiar features with newer events reflecting what’s hot today in the literary marketplace. While festival goers can…listen to novelist Anne Rice discuss her latest supernatural fiction (Sunday) and Ben Fong-Torres’ memories of his Rolling Stone days (Saturday), actor John Cusack will discuss not a book but his latest book-related project, the film “The Raven,” in which he portrays Edgar Allan Poe, on Saturday.”
The U.S. Postal Service will conduct its opening ceremony for the stamp series “Twentieth-Century poets” Saturday at the Poetry stage; though graphic novels receive their fair share of panel attention, thanks to USC’s School for Cinematic Arts there will also be screenings of a director’s cut of the movie”Watchmen”and the documentary “With Great Power: The Stan Lee Story.”