Food Network Magazine Ups Rate Base Again; Hearst Sells British Magazines
Food Network Magazine’s rate base is being upped from 1.4 to 1.45 million as of its Jan./Feb. 2012 issue, the seventh increase since it launched in 2009. Newsstand accounted for about 340,000 of its average total circ of 1.47 million as of 1H 2011, and 2H newsstand sales are projected to have increased 15% over first half, Hearst reported. Separately, Hearst Magazines has sold British titles You & Your Wedding and Prima Baby & Pregnancy to Immediate Media, which was formed after a private takeover of BBC Magazines.
Folio: (Food Network)
The Guardian (British titles)
Parents Magazine Debuts New Design with February Issue
The redesign of the title, part of the Meredith Parents Network, includes stronger covers and visuals, plus editorial content reorganization focused on five “immersive sections”: fun, kids, you (moms), home topics/ cooking and topics of special concern for kids withinspecific age groups.
New Republic’s Owner: We’re Not Selling
Martin Peretz tells Washington Post that reports of the company’s exploring a sale (in NY Times and WSJ) are false, but adds no further information. Meanwhile, HuffPo continues to report that a sale or investment opportunity is being floated, but media companies aren’t showing much interest (some are quoted as saying this directly).
PCH Buys Mobile Lead-Gen Provider Liquid Wireless
Gives Publishers Clearing House instant, turnkey mobile strategy.
Who’s Making $ on the iPad Newsstand?
Top-grossing titles as of morning of Jan. 10 include NY Times, The Daily, The New Yorker, Men’s Health, National Geographic, Cosmo, GQ, O, The Oprah Magazine, Popular Science, Consumer Reports, plus 10 more listed.
SPIN to Review Most Albums on Twitter
Will review about 120 of 140 albums per month via 140-character tweets; pulling most reviews from print magazine.
OTHER NEWS OF NOTE:
Retail/Food Services Sales Up Just 0.1% in December; Jobless Claims Up Again
Commerce stats show sales vs. November down 0.2% excluding autos; and food/beverage sales fell during the month. Jobless claims for week ending Jan. 7 rose by 24,000, and those for week ending Dec. 31 revised up to 375,00 from 372,000. Second WSJ piece points out lower gas prices and food inflation partially account for slow sales growth, and key indicators show confidence up, jobless claims down 10% from year ago.
Delhaize America to Retire Bloom Banner, Close 126 Stores
Looks to strengthen its position in U.S. market by retiring Bloom banner, closing underperforming stores. To close: 113 Food Lion stores, seven Bloom stores, six Bottom Dollar Food stores. 64 Bloom and Bottom Dollar Food stores in Maryland, North Carolina and Virginia to be converted to Food Lions.
Raley’s Closing Two Stores
In March, in northern California: a Raley’s in Modesto and a Bel Air Market in Elk Grove. Reportedly reflects 250+ competitive non-union stores having opened in that market and Nevada since 2008.
Coca-Cola Reports Finding Fungicide in Orange Juice
Company won’t specify which of its brands (which include Minute Maid, Simply Orange) affected by spray used in Brazilian orchards. PepsiCo not commenting on whether problem affecting Tropicana. Some affected products said to be on shelves, though levels said not to be dangerous in normal quantities of consumption. FDA testing juices in stores and stopping and testing imported juice shipments. Problem could further damage OJ sales, which dropped last year after prices rose.
OTHER NEWS OF NOTE:
Jan. 12, 2012
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