Friday, August 15, 2008

Less Often with Fewer Staff. The Brave New World.

Centaur announced a couple of weeks back the move of Precision Marketing from fortnightly to monthly "to concentrate on features." This is beginning to look like a familiar strategy. Huge cost savings, (fire some journalists - in this case the Editor himself is leaving - , piggy back the circ with another title -this really works in a postal price system that is size not weight dependent and reduce print costs.)

It used to be true that the most profitable magazines were those that pubished most frequently. It is increasingly obvious that few of the weekly titles will survive the current gloom. Depressing that, whilst no doubt necessary, none of this is about growth. Even the claim that there will more focus on the web is disingenuous when all these strategies involve producing copy with fewer journalists.

No wonder the City has turned against the business media sector. We look bereft of ideas. Lets make a pact to do better.

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