Dynamist Blog

What Are Magazines For? Cont'd

Reader James Hewes writes:

I'm not sure I entirely agree with your blog entry on 'What Are Magazines For'.

The model you describe certainly holds true in the US. However, in the UK and elsewhere in Europe it is possible to publish magazines that survive solely on the basis of their circulation revenue (barring some small, specialised advertising revenue).

The company I work for, BBC Magazines, for example, publishes 'Sky At Night', an astronomy magazine. The circulation is only 30,000 but it can charge a high cover price because it is linked to a community of interest that is passionate about their subject and prepared to pay.

I think that point is key--that a magazine's abililty to tap into a community of shared interest is still valid (and growing) in specialised markets. Consumers in that space want longer, more in-depth and contemplative pieces, and are less keen on 'burst' delivery of content.

I'm the Head of Licensing for BBC Magazines, by the way, and reached your piece via Warren Ellis' website.

Sothe real question is, Why are Americans so cheap? Why won't they pay enough for magazines to support them without lots of advertising?

UPDATE: Tim Worstall is highly skeptical that BBC Magazines could make it without all that free TV advertising.

What Are Magazines For?

"If your concept of a magazine is something designed in one-page bursts, or three pages that only carry 500 words due to the mass of images, then, really, you're not doing anything the web can't do better, are you?" writes Warren Ellis on the "burst culture" of the Web.

I saw that shortly after reading Paul Berman's 28,000-word TNR essay on Tariq Ramadan--a great, if extreme, example of what a serious magazine can publish. Long essays--4,000 words-plus--are ideally suited to magazines, and satisfying to read in that format. It's not clear, however, that there's an advertising market to support them. So medium-sized ideas tend to get chopped down to column length or blown up to masquerade as books.

I've often said that if I were still editing Reason, I'd redesign the magazine to put all the short stuff on the Web and just run long features in print. But then Reason, like TNR and the rest of its think magazine competitors, is a subsidized publication that long ago realized it has no significant ad base.

The other thing magazines can still do better than the Web is publish photography with high production values. And they're still a lot more portable than a computer. I can't surf the Web while getting my nails done or, for that matter, flying cross country.

Taking Notice

In a post on Alan Wolfe's review of Dinesh D'Souza's latest book, I sarcastically concluded:

I look forward to the attention the NYTBR will lavish on such intellectually serious books as Brink Lindsey's The Age of Abundance: How Prosperity Transformed American Politics and Culture and Brian Doherty's Radicals for Capitalism: A Freewheeling History of the Modern American Libertarian Movement. Remember the definitive review they ran of Ryan Sager's The Elephant in the Room: Evangelicals, Libertarians and the Battle to Control the Republican Party? Neither do I.

Although the NYTBR has become considerably less blinkered since my friend Sam Tanenhaus became its editor, it is still the NYTBR.

But the Review has punctured my cynicism. True, David Leonhardt's fairly short review of Radicals repeated the old canard about Milton Friedman advising Pinochet. But at least the book got attention.

And Brink's Age of Abundance, a book more in line with my own inclinations than Brian's, receives a long review by George Will in this Sunday's section. As you can imagine, the Tory Will is not enamored with all that the Age of Abundance has wrought, or with Brink's happy acceptance of abundant choice. (He even uses the word "Piffle" in response to one argument.) But the conclusion is positive:

Lindsey rightly says that "today's typical red-state conservative is considerably bluer on race relations, the role of women and sexual morality than his predecessor of a generation ago." And "the typical blue-state liberal is considerably redder than his predecessor when it comes to the importance of markets to economic growth, the virtues of the two-parent family and the morality of American geopolitical power." In "the bell curve of ideological allegiance," the large bulging center has settled, for now, on an "implicit libertarian synthesis, one which reaffirms the core disciplines that underlie and sustain the modern lifestyle while making much greater allowances for variations within that lifestyle." If so, material abundance has been, on balance, good for us, and Lindsey's measured cheerfulness is, like his scintillating book, reasonable.

Check out Brink's Age of Abundance blog here.

What You Won't Learn in Business School

Blogging at Organizations and Markets, Professor Postrel identifies a major gap in MBA curricula:

A peculiar fact about business schools (at least in the USA) is that project management is not part of the regular MBA curriculum. Why is this peculiar? Only because a huge percentage of the work managers do is organized into projects, the success or failure of strategies often rests on the quality of execution of projects, and many of the principles and techniques of good project management are not immediately obvious. But hey, if anyone needs to know about this trivial stuff they can always go to a two-day workshop and get a certificate (probably from an engineering department). Or learn it on the job, which in this context often means screwing things up and trying to guess what you did wrong.

No need to dirty our students' hands with all that icky planning and critical-path stuff--the organization faculty can stick to motivational theory, the operations faculty to stochastic modeing, and the strategy faculty to the resource-based view. Then we can all feel elegant. And our students can elegantly screw up product development, new process installation, quality-improvement initiatives, marketing campaigns, and all the other project-based activities where they are supposed to add value to the firm.

Read the rest, with comments, here.

Look Ma, No Cords!

lamp.jpgLamps in catalogs usually don't have cords. They glow without the messy details of electrical connections: wireless glamour.

Now researchers at MIT have figured out a way to transmit electricity wirelessly. They demonstrated the idea by lighting a 60 watt bulb 7 feet away--not revolutionary (yet), but one step closer to truth in lamp advertising.

Publicity Stunt

It turns out that the Dutch "reality" show about kidney donation wasn't so real after all. It was just a publicity stunt by the production company, designed to call attention to the kidney shortage. Tom Simon has info, as well as a link to a (serious) radio show he and his kidney recipient did for Dutch radio. Sally Satel's comment on the hoax (in an email): "BRILLIANT. They did it to get attention...It worked!"

Kidney Blogging, Cont'd

As you may have read, a Dutch network is about to premiere a new reality show in which contestants vie for a kidney from an otherwise dying woman. (How she qualifies medically as a kidney donor is beyond me.) Writing at HuffPo, Sally Satel weighs in:

It's crazy alright. And, yes, sick and shocking. But despite my discomfort, I'm for it. Sensationalism is a powerful way to call attention to the desperate shortage of kidneys and to the tens of thousands of needless deaths each year that occur all over the world because not enough altruistic donors step forward.

Indeed, the very idea behind the De Grote Donorshow (The Big Donor Show) is to shine a spotlight on the plight of patients who need a kidney. The show is intended as a tribute to the founder of the network -- Bart de Graaff --who died in 2002 at age 35 because he could not survive the years-long wait for a new kidney.

"We think that is disastrous," said the BNN chairman Laurens Drillach to the BBC, "so we are acting in a shocking way to bring attention to the problem."

It's about time somebody with some clout got angry about this egregious situation. Kidney patients need ACT-UP. Instead, they've got the way-too-complacent National Kidney Foundation, an organization more for doctors than patients.

g1060ad910281e6dd337955a7768fa323798af14Meanwhile, in Massachusetts, Lisa Cunningham has died. She's the woman Beth Israel Deaconness Medical Center told it would refuse to transplant if she found a kidney donor through local press coverage. After nasty press, some of it from me, the hospital changed its policy. Rob Haneisen of the Metro West Daily News, who first covered her story, reported on her death:

Cunningham died because she was very sick, and in the end the right donor with the correct tissue match did not come forward to save her.

"Some patients can be on dialysis for many years and do well and others have a more malignant course in a sense," said Spiegel, Cunningham's nephrologist. "She just never did well on dialysis. Every aspect of her care on dialysis was difficult, which is why we were hoping a transplant would come her way."

Lisa Cunningham was 40 years old. She left a 10-year-old son.

UPDATE: Tim Worstall is "entirely disgusted" by The Big Donor Show, but not for the usual reasons.

UPDATE 2: Kidney donor Tom Simon adds his take at KidneyChronicles, making this very good point: "I don't understand why it is part of the story-line that the donor is dying of a brain tumor. It creates the incorrect impression that living with one kidney is a risky or dangerous proposition, and only someone who is going to die anyway should even consider it."

Wise Words

There's much buzz about Michael Arrington's post provocatively titled "Silicon Valley Could Use a Downturn Right About Now. I don't interpret it as a literal call for a downturn but as a signal that a well-established pattern is reappearing and that, as is always the case, something feels lost when the people who care most about money start to dominate the people who care most about art (great companies, great technologies). The post is fine, but the comments are the must-reads, for both wisdom and foolishness. One of the best is this one from Brendan. It's long, but here's an excerpt:

[U]p until the late 90s, the Valley toiled in relative obscurity building tech giants. Now that the world knows about it, like the world knows about Hollywood, this is the place to "make it" in technology. So people flock here, capital flows here and ideas flourish here. It is an ecosystem, highly evolved over 30+ years - to producing technology giants. It is not an accident that Intel, Oracle, Sun (former paradigm-changing, at least), Yahoo, Cisco and Google all emerged from the technology primordial soup that is the Valley.

From time to time, one of the precedent conditions gets out of whack and upsets the balance. This is almost always $$ - too many VC $$ flowing into the system. These VC $$ are provided by state pensions, endowments and other institutional investors chasing the out-sized returns that VC promises. (mostly untrue for all but the very best VCs) With so much money the VCs become indiscriminate in their funding choices - supporting too many "me-too" concepts for too long. In order to rise above the noise, these start-ups hire PR agencies and throw launch parties, creating more noise. This escalates for awhile and then it goes off a cliff. We'll be back to no VC $$ for even excellent ideas. entrepreuneurs - real entrepreneurs will bootstrap themselves again. Good ideas will rise to the top on their own merits and VCs will again begin to notice, starting the whole cycle over again. In the meantime, until the next crash, restaurateurs, PR hacks, event planners, coffee chains, commercial landlords, Porsche dealers and real-estate agents will live fat and happy. Then they won't. And they'll cry poverty. We've seen this movie before. Does no one remember?

Ah yes, no one does because the Valley has no institutional memory. That is why this will happen again, and again. And - pay attention here - this is the magic of the Valley.

My least favorite comment? Probably the naif in Australia who quotes Tom Friedman to "prove" that since the World Is Flat, Silicon Valley is irrelevant. That argument from authority is not only wrong but self-refuting. If Tom Friedman didn't work for The New York Times and name-drop like crazy, nobody would read his books. His success proves that the world is not flat, whatever that means. (Ed Leamer's Journal of Economic Literature review is the definitive word on Friedman's book, combining entertaining metaphorical parsing and serious economic analysis.)

ArchivedDeep Glamour Blog ›

Blog Feed

Articles Feed