Star publisher: magazines suspended

Dateline: Fri 19 Jun 2009

Here's the memo sent out by Michael Kane, publisher of the Indianapolis Star. And for the record, the Indianapolis Guild was not notified in advance of this action.

June 19, 2009

TO:       Star Employees

FR:       Michael G. Kane

 RE:       Star Media Geo Magazines

 After thoroughly assessing the trends and projections of all of our non-daily products, I have decided to suspend publication of the Carmel and Fishers|Geist magazines for a period of time.  Magazines are still an important part of our future, but in this economy it is clear we were not going to realize from needed advertiser support of these products given their media priorities.

 We will continue to publish IndyMoms and other non-daily publications.  

Though strictly a business decision, I am sorry to report that positions in support of these magazines have been cut.  My thanks to three dedicated Star Media employees who were instrumental in helping us grow audience through the magazines.  We will continue to serve local content and advertiser needs in these suburban markets through enhanced zoning options and our local web silos (Community Star Network).

I will keep you posted on future developments.  We are making plans for our quarterly employee meetings in July.  More to come shortly as those dates are finalized.   

 Michael"

The web silo language is catchy, but nothing is going to save the day. This company is going down in flames.

Or, as a former employee noted today, "Do you ever get the feeling you’re watching a building on fire with lots of people you know trapped inside? You’d like to help them, but how?"

Yes. And I don't know.

 

 

Comments

hendy [Member] said:

I'm reminded of Zero Mostel in "The Producers". Someone sells 50% of something to a dozen of love interests (gullible sycophants), then the play is a success. Then you have to pay the bills.....

2009-06-20 08:16:55

Tell The Truth [Member] said:

As I was growing up, I expected a certain erudite proper manner of speech and text, from a solid list of community leaders: school superintendent, newspaper publisher, minister...

If Mr. Kane can't write any better than his memo, and he's in charge, then the publications have more troubles than the economy.

As in: "...in this economy it is clear we were not going to realize from needed advertiser support of these products given their media priorities."

I read that sentence five times and there must be some words missing. Or extra words, or something. I know what he means, but damn it all if he doesn't go around the barn to get there.

And dontcha just love Indymoms survives everything? Has anyone READ this ghastly publication? Can't someone drive a wooden stake through its heart? Geeeeesh. It makes Indy's Child look positively Pulitizer. And Indy's Child is no more than a letter home.

I know the burning-building feeling Ruthie dear. Gramma TTT used to say: sometimes, all you can do for folks is feed 'em a good meal.

Isn't it interesting that the employee meetings will be after the Guild vote? Hmmmmm.....I viewed it as a veiled threat.
But then, I grew up in a UAA house, so I distrust management just because.

Solidarity, Guild. If a strike fund or similar enterprise is established, I will be glad to donate.

And if you're inside the burning building, if you want a good meal, let me know. Otherwise, good karma to you. Damn it all you need it.

2009-06-20 17:35:06

Hurryin' Hoosier [unverified] said:

The memo isn't complete. Actually, there were four glossy mags that were cut: Carmel, Fishers/Geist, Hendricks County and Noblesville.

2009-06-20 22:51:28

photog [Member] said:

I was having a conversation with a friend of mine (still a Star employee) the other day and told him, "you have got to get out of there, you're on the Titanic! His answer to me, "I'm with the band". Nuff said.

2009-06-21 17:55:19

ruthholl [Member] said:

HH, thank you. I posted the names of all four of the pubs.
Do you know how many people lost their jobs?

2009-06-22 07:08:58

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