"Time Inc. executives 'have been going nuts,' trying to figure out how to get Apple to approve a subscription plan. One of the more desperate suggestions, which apparently didn’t get traction: Pulling the publisher’s apps out of the iTunes store altogether."
Time Inc CEO Ann Moore: "As more and more hardware manufacturers come in with these e-readers there is just huge demand for our product, for our video product, for my print product—it’ll all be combined. We think very healthy business models will be coming out of it. We’ll be making more money in those businesses than we’ve been making with our traditional dot-coms."
"Time has now fixed this blunder and offers a Time iPad app for free. From within the app, the iPad user can purchase digital versions of the magazine for $4.99. Old issues are stored in the cloud for later reading, and there’s only one Time icon on the iPad screen. But pricing should be more realistic, I believe, and subscriptions offered."
"Time magazine has signed up Unilever, Toyota Motor , Fidelity Investments and at least three others for marketing agreements priced at about $200,000 apiece for a single ad spot in each of the first eight issues of the magazine's iPad edition, according to people familiar with the matter."
"Over the weekend, prominent placement on Wikipedia's main page launched a nearly twenty-year-old Time magazine article about Scientology onto the Time site's 'most-read' list."
Rafat Ali: "Five of the leading [US magazine] publishers—Time Inc., Hearst, Condé Nast, Wenner Media and Meredith—have banded together for this “power of print” campaign... One ad says: 'The Internet is fleeting. Magazines are immersive.' ... Really? This is the message you want to send your own digital units?"
"News Corp joining Conde Nast, Meredith, Hearst and Time Inc. ... Each is investing in the new company, which plans to create a new digital newsstand, and each will have two members on the board."
"The formation of a new company to run the online newsstand — sometimes characterized as an 'iTunes for magazines' — may be announced in early December. Time, Condé Nast, Hearst and Meredith all intend to be equity partners in the new company, although the deals have not yet been signed."
"[Time.com managing editor Josh Tyrangiel] says that a a lot of the magazine content published on the Web site does not do 'too great' online. Some of it is 'just too long,' he says."
"The Economist prides itself on cleverly distilling the world into a reasonably compact survey. Another word for this is blogging, or at least what blogging might be after it matures—meaning, after it transcends its current status as a free-fire zone and settles into a more comprehensive system of gathering and presenting information. As a result, although its self-marketing subtly sells a kind of sleek, mid-last-century Concorde-flying sangfroid, The Economist has reached its current level of influence and importance because it is, in every sense of the word, a true global digest for an age when the amount of undigested, undigestible information online continues to metastasize. And that’s a very good place to be in 2009. ... Tellingly, the very lo-fi digest The Week, which has copped The Economist’s attitude without any real reporting or analysis at all, is thriving as well."
"Because there's too much ad inventory on the Internet, Time Inc. publications including SI.com, Time.com, CNNMoney.com and EW.com will experiment with mixing paid and free content in the next 8 months, EVP John Squires told reporters gathered today at the company's NYC headquarters."
"I covered the newspaper industry for 23 years at Press Gazette and in all that time I don't remember anything remotely as bad as this."
"Time magazine will fight an Indonesian Supreme Court libel ruling in favour of former President Suharto which ordered the U.S. weekly to pay more than $100 million in damages and print apologies, Time's lawyer said on Tuesday."
"Blogs are a good case where 'time spent' is more meaningful than page views. Especially since the blogosphere is particularly prone to the 'quantity over quality' problem. It's easy to pump out 20+ posts a day - and that tactic garners a lot of page view