paidContent - paidContent Quick Hits: 7.21.09
This story was written by Alex Ferreyra.
» Us Weekly editor-in-chief Janice Min has decided not to renew her reportedly $2 million-plus contract She built the mag’s circulation to “above 1.9 million,” from 800K in 2000. [NY Times]
» Stewart Brand, the futurist who coined the phrase Information wants to be free,” says it also wants to be expensive. [CNN Money]
» Newsweek‘s redesign in May apparently hasn’t been a bit hit among readers. Compared to the previous 18 issues before the redesign, the six after only averaged 169 more issues sold. [New York Observer]
» Cygnus Business Media, publisher of titles like RV Trade Digest and Wood Digest, has eliminated 12% of its workforce and is listening to offers for Wood Digest and Surface Fabrication. [FOLIO]
» Sony (NYSE: SNE) is going to use Amazons CreateSpace DVD on Demand service to release its online reality series Star-Ving. [Home Media Magazine]
» Sony is also working with the rental-kiosk Redbox. In exchange for not selling their used stock of Sony DVDs, the company is giving Redbox a direct purchasing deal for its movies. [Marketwatch]
» Slashed budgets in newsrooms are affecting the coverage of sports like NASCAR and golf. [Sports Business Journal]
By Alex Ferreyra