E-News : February 7, 2012
Top Media Moves
Key Communications, an ABM member and publisher of Auto Glass Repair & Replacement (AGRR) magazine, has purchased USGlass magazine and Auto & Flat Glass Journal from BKB Publications. Longtime AGRR editor Penny Stacey has been named editor of USGlass. Sahely Mukerji will take over Stacey’s position as editor of AGRR and continue in her current role as news editor for Key’s daily news service, USGNN.com. Megan Headley, formerly editor of USGlass magazine, will begin a new role as special projects editor.
ABM member and business audience marketing firm Bizo has hired Frannie Danzinger as director of marketplace development. In making the announcement, Bizo mentioned Danzinger’s reputation as a media strategist with a local and national skill base in media research, negotiations and placement. Prior to joining Bizo, Danzinger spent 14 years at gyro, a business-to-business ad agency, most recently as senior VP-media.
News Corp. named Bloomberg executive Lex Fenwick as chief executive officer of the Dow Jones unit which houses its Wall Street Journal newspaper. Fenwick will join Dow Jones on Feb. 13 and report to News Corp. president Chase Carey.
American Business Media has hired Risa Dixon as its new editorial associate. Dixon comes to ABM with experience at Newsday.com and other news organizations. She has an MBA in media management from Metropolitan College of New York.
Job of the Week
Director of Advertising Sales & Sponsorships at Crain Communications
In addition to the "Job of the Week" highlighted in each issue of E-news, ABM has expanded its online job board to better reach out to the membership and media community with quality career opportunities. Powered by mediabistro.com, the site is updated constantly with openings across the country and enables you to search by industry and location. So what are you waiting for … Click here to begin your search!
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B-To-B Media Salaries Forecast To Rise 3 Percent In 2012
The economy is getting better, and media companies are keeping step with this overall trend, according to the 2011 ABM/MPA Media Compensation Survey released last month. As the most recent unemployment numbers point to an improving economy, salaries at business-to-business media companies are rising as well. Compensation packages that had been reduced to record lows are now rebounding to mid-2000 levels.
The increases, however, are relatively modest, in line with the slow recovery. Base salaries continue to see moderate gains, with 2011 and 2012 projected merit budget increases of 3 percent across all employee groups. For more detail on projections for CEO salaries, publisher salaries and editorial salaries, click here.
QuinStreet Acquires Ziff Davis Enterprise
On Friday, Feb. 3, online marketing and lead-generation firm QuinStreet acquired Ziff Davis Enterprise, including digital brands such as eWeek, CIOInsight and Baseline. By Monday, details on the deal had begun to emerge, including the immediate termination of 30 positions at Ziff Davis as well as the eventual termination, after a transition period, of another 70.
"We are pleased to provide these folks and assets a digital home and business model that works, and on which we can all expand into the future," a QuinStreet spokesperson told Folio. The sale was announced to the company in a conference call by Ziff Davis Enterprise CEO Steve Weitzner, who is leaving the company. Of the top level execs, only CFO Michael Caruso is staying on for a short transition period.
USPS To Count Electronic Subscriptions Toward Circulation
The Postal Service has proposed rule changes that will allow publishers to report electronic copy distributions as paid and requested circulation. The rule changes (which are optional and go into effect Sept. 30), could mean publishers will have another source to meet the requirement that 50 percent of a publication’s total circulation be paid or requested. For advice from American Business Media postal counsel Jack Widener on how B-to-B media companies will be able to take advantage of the proposed rules, click here.
ALM Expands Its Real Estate Media Group In Print And Online
The Real Estate Media Group, a division of ABM member ALM, has announced a strategic revamp of both its print and electronic offerings. In print, the group is bringing back its Better Buildings brand, while on the digital side, the group is boosting its e-mail offerings, social media presence and B-to-B capabilities.
Better Buildings, a New York-based regional magazine for the building management and maintenance community in the ’80s and ’90s, is being revamped as a national publication and relaunched as a quarterly supplement to ALM’s Real Estate Forum magazine. The relaunch, inspired by responses to a reader survey, will see Better Buildings focus on bottom-line challenges of commercial property operations. According to an ALM press release, the new version of Better Buildings will include building profiles, product reviews, expert columns and features exploring such topics as energy performance, construction solutions, adaptive re-use trends and design innovations.
The Real Estate Media Group’s online changes will primarily affect its GlobeSt.com brand, which will undergo a site redesign. According to ALM, there will be an increased emphasis on content, with a design that keeps mobile users in mind. The company has also hired two sales execs and appointed a new digital content coordinator. “We’re in a growth mode,” said vice president of strategic development Daniel Ceniceros, who will be responsible for online advertising sales and developing strategic partnerships.
Last Chance To Secure Your Neal Awards Ceremony Early Bird Rate!
Last week ABM announced the official finalist selections for the 58th Annual Jesse H. Neal National Business Journalism Awards, the b-to-b industry's most prestigious and sought-after editorial honors. We hope you will be joining us on March 16 at The Mandarin Oriental in New York City to witness history as new Neal Award winners are unveiled. If you plan on attending, don’t delay – Discounted early bird rates are available through tomorrow, Feb. 8.
Other reasons you can’t miss this year’s event: network with the industry's best and brightest; listen to engaging presentations from our 2012 hosts, Erin Moriarty and Rebecca Jarvis of CBS News; join in the accolades for three special award winners (the Crain Award, the Timothy White Award for Editorial Integrity and the McAllister Editorial Fellowship); and, last but certainly not least, experience the incredible view from the Mandarin Oriental Ballroom in New York's Time Warner Center. Reserve your seats today!