E-News : March 26, 2007
News of the Week
ABM mourns distinguished industry leader, Bob Krakoff
American Business Media and the entire business media industry mourn the loss of Nielsen Business Media chairman and CEO Robert Krakoff, who passed suddenly on Friday March 23, 2007 of an apparent heart attack.
The 71-year old industry legend leaves behind a great void. As the 2003 chair of American Business Media, he ushered in new ideas and concepts leading to today’s digital transformation. “Ever the visionary, Bob always stood behind the association and was instrumental in bringing ABM’s mission and strategic plan to fruition,” stated Gordon T. Hughes II, American Business Media president and CEO. “I keep three ideas from Bob close to my heart and they have served me well over the years: ‘Never spend more than you make,’ ‘if people aren’t buying what you’re selling, you’re selling it wrong,’ and ‘always write as if the man from Mars is reading it.’ Bob will be sorely missed from our association, our industry and as a dear friend.”
Krakoff was instrumental in helping to create landmark resources and outlets for its members, including instituting the Business Information Network (BIN) to track business media print ad spending and pages, and the Creative Excellence in Advertising (CEBA) Awards honoring outstanding business media advertising. He was also part of a Main Street Coalition delegation that participated in the postal reform struggle over the years.
Prior to joining Nielsen (formerly VNU) in 2006, Krakoff served two years as chairman & chief executive officer of Blantyre Partners, Inc, a strategic management and investment company for the media industry. From 1996 to 2004, he was chairman and chief executive officer of Advanstar, Inc., which operates business communications activities through its subsidiary, Advanstar Communications Inc. (Advanstar, Inc. is owned by DLJ Merchant Banking Partners, III, L.P., which in turn is owned by Credit Suisse First Boston.) Prior to joining Advanstar, Krakoff spent 23 years at Reed Elsevier plc, a leading international publisher and information provider. During his career at Reed, he held the position of chief executive of Reed Exhibition Companies and Reed Reference Publishing, chairman and CEO of Cahners Publishing Company, director of Reed Elsevier plc and vice chairman of Reed Elsevier Inc. He also held executive positions in the areas of finance, marketing and planning at Ford Motor Company, Trans World Airlines, The Singer Corporation, and RCA.
Krakoff was the 2002 recipient of ABM's McAllister Top Management Fellowship award for career leadership in business media. He was also a Trustee of the Beth Israel Deaconess Hospital in Boston. He graduated magna cum laude from Pennsylvania State University and received an MBA from the Harvard Graduate School of Business. He was a member of Belmont CC, Palm Beach CC, the Lotos Club, the Harvard Club of Boston & New York, the University Club of Boston and the Core Club.
He was loved and respected by all who knew him. Krakoff is survived by his wife, Sandra, two sons, Roger and Reed, and a daughter Hope.
Preparing media for tomorrow. Today.
When the seas get rough, you build a stronger boat. The digital marketplace is changing the business information industry rapidly and competition has never been stiffer – or more diverse. Join American Business Media this Wednesday and Thursday, March 28-29, at the Westin Times Square for “Digital Velocity: Top, Bottom and Front Line Best Practices For Growth” and hear technical-, business-, and thought-leaders discuss the editorial content techniques, business strategies and digital media products that are shaping the future of media.
From Web 2.0 to buying and selling in the digital world, “Digital Velocity” offers the opportunity to sit among your competition and hear innovative industry greats explore how to maximize your business’ future endeavors. The two-day conference features intensive panel workshops and numerous networking opportunities designed to address concerns and groundbreaking new ideas regarding the future of digital media. Panels will cover topics including Organizational Development, Workforce Reconstruction, Venture Capital, Content Management, Multi-media Editorial Strategy, The Changing Role of IT, Integrated Selling, and Social Media, among others. Wednesday's working lunch will offer a Technology Showcase providing insights into the tools and software that will change the way you do business.
Don’t get left behind in the race to embrace digital media - prepare for tomorrow today. Click here to view a complete “Digital Velocity” agenda and registration information, or for more details, contact ABM's Michele Langer.
Digital Velocity is sponsored by CDS Business, Convera, Copyright Clearance Center, DataJoe, DeSilva & Phillips, DragonFly, FatTail, Hallmark Data Systems, Inform, Morgan Lewis, nstein Technologies, Omeda, SearchChannel, TalkPoint, and Unisfair.
RESOURCES, RESOURCE AND RESOURCES, OH MY: American Business Media is your whole business. And that means every department and discipline in your company is covered. From audience development to editorial, events to IT, sales to finance—and everything in between—ABM members have access to the very latest relevant research, information, resources and industry events. As part of ABM's new-and-improved Web site, www.americanbusinessmedia.com, we have listed all of your opportunities by each department or discipline in the Resources section of our Web page. Click here to find out more.
AND THE SALE CONTINUES: ABM's most popular online store items, like the renowned Case For Series, the recently completed ABM Corporate Benefits Survey and the ABM/SISO Trade Show Cost Report are STILL discounted to help you beat the wintertime blues...
News on Print
IEEE SPECTRUM editor earns coveted Grand Neal Award
Glenn Zorpette, executive editor of IEEE SPECTRUM, the flagship publication of the Institute of Electrical and Electronics Engineers (IEEE), received the coveted Grand Neal Award at the 53rd Annual Jesse H. Neal National Business Journalism Awards, held Thursday, March 22, 2007 at The Waldorf=Astoria. His subject-related series of articles, “Re-engineering Iraq,” gave readers new insights about engineering projects that are among the largest and most politically charged and led to an op-ed article for The New York Times and a guest appearance on the syndicated NPR program “Science Talk of the Nation.”
Zorpette, who was also recognized during the Luncheon Ceremony as the 13th recipient of the McAllister Editorial Fellowship, accepted the Grand Neal Award from the incoming chair of the Neal Judging Board, Bob Dowling, former editor-in-chief/publisher of The Hollywood Reporter and a past recipient of the ABM Crain Award. IEEE SPECTRUM, one of the first smaller publishers to receive the honor, earned the Grand Neal from a pool of over 1100 entries.
ALM’s The American Lawyer article “Recipe for Disaster,” IDG’s CSO article “The How-To Issue,” and Nielsen Business Media’s Photo District News September 2006 Issue were recognized as finalists for the Grand Neal Award during an awards luncheon hosted by Diana Henriques, financial investigative reporter at The New York Times and Arnie Weissmann, editor-in-chief of Travel Weekly. The Neal Board of Judges—who selected one Neal Award winner in each category and ultimately chose the Grand Neal winner—was chaired this year by distinguished journalist Marshall Loeb, MarketWatch from Dow Jones.
American Business Media recognizes industry achievement at Neal Awards
The very best of the business media community were honored during the 53rd Annual Jesse H. Neal National Business Journalism Awards through a series of special awards recognizing industry commitment:
IEEE SPECTRUM’s Glen Zorpette named 2007 McAllister Editorial Fellow
Zorpette manages the editorial and art departments at IEEE SPECTRUM. In 1993 he won a National Magazine Award for his article on Iraq's attempt to build an atomic bomb. From 1995 to 2000, he worked at Scientific American magazine, where he was part of a team that won another National Magazine Award, for a single-topic issue titled “What You Need to Know about Cancer.” He has also worked at Red Herring magazine before returning to IEEE SPECTRUM in June 2001.
The fellowship, named in honor of former ABM Chairman Donald McAllister Sr., selects one successful business media editor each year to act as a teacher and advisor for approximately one week on the Medill Magazine Project at Northwestern University. The McAllister Fellow also receives a crystal bowl and honorarium.
39th Annual G.D. Crain Award goes to Deborah L. Whistler
Whistler’s 25 years in trucking business media are grounded in journalistic integrity and creativity. A former daily newspaper reporter and columnist, she began her business media career as a lead reporter/writer for Heavy Duty Trucking, before being named editorial director of all Newport media. Also serving as consulting editor on Successful Dealer magazine, she is active in industry organizations and has created significant programs and functions to benefit readers and the industry as a whole.
The Crain Award was established by a grant from the G.D. Crain, Jr. Foundation. Given annually to an individual who has made outstanding contributions to the development of editorial excellence in business media, the award includes a distinctive crystal trophy and $1,000 prize.
Don Tennant receives 2007 Timothy White Award for Editorial Integrity
As editor in chief, a position he assumed in August 2004, Tennant is responsible for Computerworld’s editorial operations. Prior to joining Computerworld in 2000, he spent eight years as editor in chief of the Hong Kong edition of Computerworld.
Named after the fearless editor of Billboard magazine, the Timothy White Award recognizes business journalists whose work demonstrates the integrity, courage and passion that White displayed in his career.
Reed Business Information Outstanding Intern Award Presented to Hannah Schroder
Hannah Schroder joined Building Design+Construction last May after graduating from Indiana University with a BA in Journalism. Producing a significant volume of features, news stories and departmental materials for both print and electronic products over the summer, Hannah saw the culmination of her efforts with the publication of a 16-page awards supplement.
The Reed Business Information Outstanding Intern Award is given annually to a Business Press Educational Foundation (BPEF) intern who worked at an American Business Media member company during the summer of the previous year. The award has been established by Reed Business Information, a leading business information provider to recognize and inspire a future generation of business media leaders and was designed to recognize the voices of emerging business media talent who may one day become Neal Award winners. The Intern Award was presented by John Poulin, executive vice president and CFO of Reed Business Information and included a $1,000 prize.
The 53rd annual Jesse H. Neal Awards are sponsored by PARS.
ABM ushers in second 100 years with new logo, new Web site and video initiative
American Business Media ushers in its second 100 years with a variety of new looks and initiatives. The Association welcomed a new logo, Web site and online video network last week as hundreds gathered to celebrate the 53rd Annual Jesse H. Neal Awards.
The new ABM logo was unveiled at the 2007 Jesse H. Neal Awards luncheon after being reviewed for the ABM Board earlier that morning. Designed by the Ashway Group, the logo brings a fresh new look to the Association, one that says Digital, Global and Information. A new tag line completes the design with a singular revision to encompass the changing face of the business media industry: ABM is the Association of Business Information Companies.
In concert with the launch of the “ABM Video Network: Business Information @ Work. Online. On-Demand. On the Money.” on Wednesday, March 21, American Business Media re-launched its Web site to provide a centerpiece for its new video initiative as well as providing easier navigation, additional resources for its members, direct access to a variety of microsites such as Digital Media and Business Information, and a new and improved career channel that integrates business media jobs and internships through the Business Press Educational Foundation.
“After the culmination of our centennial celebration, ABM wanted to bring about a new outlook to our membership and look forward to the next 100 years,” said Gordon T. Hughes II, president and CEO of American Business Media. “The new logo and Web site speak volumes of how our industry continues to renovate and modernize, continues to evolve and represent members from a digital, global and informational perspective. We are the Association of Business Information Companies and with that ABM leads the charge in dealing with the challenges that our entire industry faces: digital transformation. The redesigned Web site is the showpiece for what can be done by with the latest technologies in digital video. The Video Network received many accolades upon its debut and we are thrilled to be offering this service to our members. In addition to myself, future broadcasts will also feature Video Network anchors Steve Ennen, Mark Flythe and Sara Sheadel.”
Check out American Business Media’s new look by visiting us at www.americanbusinessmedia.com. There you can view our new logo, taste our new Web site offerings and sample the latest videos. Tune in every other Wednesday at 9am at www.americanbusinessmedia.com for the ABM Video Network’s original presentation of timely interviews, excerpts from our various informative seminars and events, as well as thoughts and views from today’s top business leaders.
American Business Media Board approves new officers and board members
American Business Media has approved Frank Anton, CEO of Hanley Wood as acting vice chair and Peggy Walker, president /COO of Vance Publishing as acting treasurer of its Executive Committee, effective immediately. Walker is the first female executive to be chosen for this role.
“It gives me great pleasure to have Frank join us as acting vice chair and Peggy as acting treasurer,” said Gordon T. Hughes II, American Business Media president and CEO. “Frank of course brings his over 25 years of business media experience and expertise to the executive committee. And we are just thrilled to have our first female executive, Peggy lead the charge taking on the role of acting treasurer. Peggy’s drive and insight will bring a new outlook and fresh point of view to the team.”
Joining the association’s board of directors for this coming fiscal year are:
Additional board members will be voted in during ABM’s Spring Meeting, May 6, 2007 in Naples, Fl.
American Business Media welcomes 21 new members
American Business Media’s membership continues to grow dynamically, as the ABM board of directors approved 21 new members at a recent Board Meeting bringing total Association membership to 327.
“As we begin our second 100 years, our industry is undergoing the most dramatic transformation in history.” said Gordon T. Hughes II, president and CEO of American Business Media. “ABM continues to be the showcase, mentor and association of choice among media and associate companies. Providing valuable resources beyond the scope of ‘the next big thing,’ ABM shows our members how it’s done with new initiatives such as our video network and white papers on social networking. We are pleased to welcome and serve all of our members and be the association to represent the entire media brandscape. It also gives me great pleasure to welcome two industry icons to our lifetime membership fold, Mr. Jim Watt and Mr. Robert Dowling.”
Joining over 300 ABM member companies as the association enters into its second 100 years of moving business forward are 10 domestic media companies, two lifetime members and nine associate members.
Marketing & Media Buying
12th Annual CEBA Call for Entries now available online
American Business Media’s Creative Excellence in Business Advertising (CEBA) Awards, celebrating outstanding achievements in business media advertising, is now accepting submissions for the 12th Annual CEBAs; the 2007 CEBA Call for Entries can be accessed online by clicking here.
Celebrating advertising in publications, digital media and face-to-face events, the CEBAs are business media’s most coveted creative award, offering a $25,000 grand prize, drawing thousands of entries and enhancing relationships among advertisers, agencies and publishers. Advertisers are encouraged to celebrate the strength of the brand (past winners include GE, IBM and 3M Dental); agencies to be recognized for excellence in business advertising with the Grand CEBA and its $25,000 prize (past winners include BBDO, Ogilvy One and Carmichael Lynch); and publishers to submit entries on behalf of advertisers (past winners include Nielsen Business Media, Reed Business Information and Crain Communications).
2007 CEBA Award Entries are due by May 25, 2007; entries submitted before the May 18, 2007 early-bird deadline will receive a submission discount. 2007 CEBA Winners will be announced Wednesday, October 3, 2007 at the Allen Room in Frederick P. Rose Hall, Home of Jazz at Lincoln Center, Broadway at 60th Street in New York City. Find out more about the grand history of the CEBA Awards by visiting CEBA-Awards.com... and be sure to download a copy of the 2007 CEBA Call for Entries today - the $25,000 prize is going to someone. Why shouldn't it be you?
Photo Gallery: ABM's “Cocktails and Connections” - the place for business media networking
Joanna Havlin, associate director of Mediaedge:cia's print division; Andrea Marder, senior vice president and group account director of TargetCast tcm; and Rick Segal, chief executive and founder of HSR Business to Business Inc., mingled with editors, publishers, marketers, agency executives and business media professionals during ABM's “Cocktails & Cocktails: Special Neal Awards Edition” at PS 150 in New York on the evening of March 21, 2007 (otherwise known as “the night before the Neal Awards”).
“Cocktails & Cocktails: Special Neal Awards Edition” was sponsored by BtoB.
ABM Event Report
Spring Meeting 2007: Transformation Now!
Transformation, transformation, transformation - It's become the new mantra of the business information industry. But in order to truly embrace the transformation that is shaking up our industry, we must do more than merely TALK about change. At Spring Meeting 2007: Transformation Now!, May 6-9, 2007 in Naples, FL, a series of four afternoon salons will go in-depth on issues crucial to the successful transformation of any business information company: The New IT Executive - Why the IT Person needs to come into the C-Suite; Face-to-Face, An 11 Billion Dollar Revenue Stream – Keep It Growing; Tradeshows - How to Start and/or Buy Them; and Global Revenue - Business Media Crosses International Borders.
Salon attendance will be limited, in order to keep each afternoon salon interactive and productive for all attendees, on a first-come, first-serve basis... meaning, if you want to hear from executives such as Jeff Craig, CIO of Hanley Wood, LLC; Georgiann DeCenzo, vice president of marketing development & licensing groups for Advanstar Communications; and Charlie McCurdy, chairman & CEO of Canon Communications, LLC, the time to sign-up is now.
Click here to view a complete agenda and registration details, and watch for more information in upcoming editions of E-news. For reservations at The Ritz-Carlton Naples, call (239) 598-3300 before April 6, 2007, and mention the ABM Spring Meeting 2007 to ensure the special room rate.
Spring Meeting 2007 is sponsored by the Audit Bureau of Circulations; Berkory Noys; BPA; Brown Printing; BtoB; CDS; DeSilva & Phillips; Fairrington; FosteReprints; the Jordan Edmiston Group, Inc.; mins; PARS; Publishers Press Incoporated; Readex; and RR Donnelly.
Top Media Moves
IDG Communications has decided to shutter the print version of InfoWorld and fold the content into a Web-only publication.
Ziff Davis Media reported its consolidated EBITDA (earnings before interest, taxes, depreciation and amortization) rose 57% last year to $27.1 million, from $17.3 million in 2005. The increase was primarily due to the company’s digital business nearly doubling.
Nearly 123 million people in the U.S., or about 70% of the total U.S. Internet audience, viewed streaming video online in January, according to comScore’s Video Metrix report.
The Financial Planning Association and The Wall Street Journal have announced a partnership to run a special advertising section in the Journal Oct. 6 that will tout the benefits of financial planning.
FORUTNE has named Leigh Gallagher senior editor.
Nielsen Business Media, a division of Nielsen Co., has named Linda McCutcheon senior VP-e-media strategy and technology.
Alan Robinson was promoted to group publisher of Reed Business Information's EDN, Electronic News and Electronic Business.
“Business Information: Capitalizing on New Business Information Revenue Streams”
Blog of the Week
The following is a list of upcoming ABM Committee and Council meetings. All meetings are at ABM offices in New York unless otherwise noted.
Committee/Council Date/Time (EST)
IT Committee Wednesday, April 4, 2007 3:00 pm
Production & Manufacturing Technology Wednesday, April 11, 2007 10:00 am
Publisher's Committee Monday, April 16, 2007 3:00 pm