EMedia Events Are Fastest Growing Revenue Streams for Consumer Publishers

first_imgE-media is the fastest growing part of the business for consumer publishers in 2010, according to the FOLIO: 2010 Consumer CEO Survey. While that isn’t much of a surprise (e-media has been the fastest growing revenue stream in the survey since 2005, the second year FOLIO: started offering the survey) the second fastest growing revenue stream may raise some eyebrows: events. Live events have long been part of the consumer-publishing stable, but have typically been positioned as value-adds designed to boost or lock-in the print buy. While events are the second smallest revenue stream, in front of only data and market information sales (which actually lost ground as a revenue generator in 2010), consumer publishers are finding success in converting their events to a sponsored model. Print advertising has fallen to an average of 40 percent of overall revenue for consumer publishers, but it remains the third fastest growing revenue stream. While publishers such as The Atlantic and Financial Times earn headlines for their aggressive digital push, both publications are seeing surprisingly large print gains as well. 2010 Revenue Ratios for Consumer PublishersPrint Advertising: 39.8%Paid Subscriptions: 21.5%E-media: 11.6%Newsstand sales: 9.2%Events: 6.6%Data/Market Information sales: 0.6% [Source: 2010 FOLIO: Consumer CEO Survey] However, 55 percent of respondents say print growth is coming from new advertisers in 2010, compared to 36 percent of respondents who say growth is being driven by existing print advertisers. For a full look at the 2010 Folio: Consumer Survey, including specific revenue breakdowns, technology investment and executive salaries, look for Folio:’s October issue, available October 1. Consumer Publishers Top Lines for 2010RevenueIncreased: 29%Decreased: 36%Stated the same: 29%Newsstand Sales Increased: 21%Decreased: 6%Stay the same: 31%Distribution CostsIncreased: 30%Decreased: 12%Stayed the same: 51% Market ShareIncreased: 38%Decreased: 9%Stayed the same: 46%Number of Direct CompetitorsIncreased: 14%Decreased: 31%Stayed the same: 49%Paper QualityIncreased: 5%Stayed the same: 78%Decreased: 8%Staff SalariesIncreased: 14%Decreased: 24%Stayed the same: 57%Staff SizeIncreased: 12%Decreased: 43%Stayed the same: 40%Travel/Entertainment BudgetIncreased: 9%Decreased: 47%Stayed about the same: 39%CEO CompensationIncreased: 6%Decreased: 30%Strayed the same: 58%[Source: 2010 FOLIO: Consumer CEO Survey]last_img read more

The Wilmington Insider For June 13 2018

first_imgWILMINGTON, MA — Below is a round-up of what’s going on in Wilmington on Wednesday, June 13, 2018:Happening Today:Weather: Scattered showers, mainly after 1pm. Increasing clouds, with a high near 77. Southwest wind 6 to 8 mph. Chance of precipitation is 30%.Municipal Meetings: The Wilmington Board of Appeals meets at 7pm in Town Hall’s Room 9. Read the agenda HERE. … The Wilmington School Committee meets at 7pm in the High School’s Large Instruction Room. Read the agenda HERE.In The Community: The Wilmington-Tewksbury Chamber of Commerce’s is holding a Mega Multi-Chamber Networking event from 4:30pm to 7:30pm at the Tewksbury Country Club (1880 Main Street). Join a fun evening of networking at the beautiful Tewksbury Country Club. This popular Multi-Chamber event attracts 150-200 local professionals. Mark your calendar, gather your business cards & company brochures and make your reservation to attend today. $10 for members, $20 non-members. General networking will take place from 5:30pm to 7:30pm, with complimentary appetizers and a cash bar. An optional free seminar on Google Analytics with presenter Israel Kloss will be held from 4:30pm to 5:30pm.In The Community: WCTV is hosting a Podcast Meetup at 7pm at WCTV Headquarters (10 Waltham Street). Drop by for this informal introduction to Podcasting! Everyone welcome! If you’ve always wondered what Podcasting is all about or have Podcasts that you enjoy listening to–or if you’d like to create your own–come to WCTV and share your ideas, learn how to use our Podcast studio and meet like minded individuals. No fee to attend. Contact lkapala@wctv.org for more details!In The Community: The Wilmington Police Department offers safety seat installs at the Wilmington Public Safety Building (1 Adelaide Street) every Wednesday, from 10am to 2pm. No appointment is necessary, but calling ahead at 978-658-5071 is recommended. Learn more HERE.In The Community: The Friends of the Wilmington Memorial Library’s Book Store Next Door (183 Middlesex Avenue) is open from 10am to 4pm. All books are $2 or less!  Every penny of every sale benefits the Wilmington Memorial Library. Learn more HERE.At The Library: Tech Lecture: Product Safety at 7pm. [Learn more and register HERE.]At The Senior Center: SBF Exercise at 9:45am. Special Exercise at 11am. Country Line Dancing at 1pm. Cards at 1pm. Fun Singers at 3pm. [Learn more HERE.](NOTE: What did I miss? Let me know by commenting below, commenting on the Facebook page, or emailing wilmingtonapple@gmail.com. I may be able to update this post.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… Related5 Things To Do In Wilmington On Monday, July 22, 2019In “5 Things To Do Today”5 Things To Do In Wilmington On Monday, August 12, 2019In “5 Things To Do Today”5 Things To Do In Wilmington On Thursday, August 15, 2019In “5 Things To Do Today”last_img read more

Cairn Indias Q3 profit tanks 99 on cheaper oil prices

first_imgHit by a slump in global crude oil prices, Cairn India, the subsidiary of Vedanta Group, reported a 99% drop in its net profit to Rs 9 crore for the December quarter.Falling oil prices also dragged its revenue down by 42% to Rs.2,039 crore in the October-December quarter compared to the same period a year ago, according to a statement released by the company on Friday.The company had initiated various measures like renegotiating with vendor and improving operational efficiencies to cut costs in the quarter. Despite these efforts, the price for the oil produced by Cairn at its Rajasthan fields fell sharply to $34.5 a barrel against $68 a barrel in third quarter of previous fiscal year.Global crude oil prices have more than halved in the past one year on account of excess supply.”To ensure timely investment decision in Rajasthan block and realise fair price for our crude, we have approached the High Court to expedite the Production Sharing Contract (PSC) extension process and allow us to export the crude. The matters are subjudice,” the statement said.Mayank Ashar, Managing Director and CEO of Cairn India, said that the world’s largest enhanced oil recovery (EOR) project at Mangala in Rajasthan is yielding results. The project led to 19,000 barrels per day of additional production in the quarter.”Our unwavering commitment to improve cost efficiency continues to help us to navigate through the weak oil price situation and to generate free cash flow. We are continuously engaging with the Government to take actions to support the oil & gas industry in such a low oil price environment,” Ashar said.On merger of the company with its parent, Vedanta Ltd, the company said that “it is seeking directions of the Bombay High Court for convening meeting of all our relevant stakeholders.”last_img read more

Mumbai Ola and Uber drivers likely to go on strike for fare

first_imgReuters FileOla and Uber cab drivers are holding a strike on Monday, October 22 in Mumbai, demanding a hike in minimum fare and charges per km amid the rising fuel prices.The drivers have also demanded that the bookings for the rides be made only through Aadhaar-verified numbers of the customers, reports IANS.Few cabs are likely to remain off-roads in Mumbai today following the drivers’ strike.For the first time, the cab drivers are demanding a fixed minimum fare between Rs 100 and Rs 150 and the charge per km between Rs 18 and Rs 23, depending upon the type of vehicle booked, according to Times of India.”We need an assured business of at least Rs 3,000 a day,” one of the cab drivers told TOI.They claimed that they had to take this step amid the increase in fuel prices even as Ola and Uber kept reducing fares. This also impacted their daily earnings. The drivers are planning to submit a memorandum to the aggregator firm officials and put up a demand for the same.However, petrol and diesel prices have dropped by around 30 paise today. A litre of petrol in Mumbai is currently sold at Rs 86.91 per litre (reduce by Rs 0.30) and diesel is at Rs 78.54 per litre (reduce by 0.28). Petrol and diesel prices in Delhi are Rs 81.44 per litre (reduce by Rs 0.30) and Rs 74.92 per litre (reduce by Rs 0.27), respectively.last_img read more

Tk 125b lost in JS quorum crisis TIB

first_img.Quorum crisis ate up 152 hours and 17 minutes during its 18 sessions of the 10th parliament, causing a waste of about Tk 1.25 billion, according to a new study conducted by Transparency International Bangladesh (TIB), reports UNB.TIB revealed the study, titled ‘Parliament Watch’, on the operation of 14th to 18th session of the 10th national parliament at a press conference at TIB’s office on Thursday.The study report estimated that about Tk 1.63 lakh is needed to conduct a parliament session for one minute while 30 minutes were wasted on an average of each working day of the total 18 sessions due to quorum crisis.According to the study, from the 14th to 18th session, average meeting time and members’ participation in each working day increased than that of 8th and 9th parliament, the quorum crisis remained almost the same.On the other hand, percentage of time spent for legislation decreased than that of previous time, which is now 9 per cent of the total time spent from 14th to 18th session, said the report.A total of 260 hours and 8 minutes were spent from the 14th to 18th session of the 10th parliament where the most part of it has been spent for discussing about budget.Meanwhile only 35 minutes were spent for passing each bill whereas in Indian parliament the average time of it is 2 hour 23 minutes, according to the report.According to the collected information during the study, it was observed that, the practice of not presenting international agreements through the president and practice of unconstitutional behaviour and language in the parliament by both the government and opposition parties’ members violating rules of procedure 270 (6) were still visible.According to the report, though the leader of main opposition party was found doing constructive criticism of various activities of the government in political forums of public meetings, her role in performing the same role in the parliament were not visible. Among 327 working days of the 18 sessions, she was present in 79 working days, which is 24 per cent of the total.While presenting the report, TIB executive director Iftekharuzzaman said, parliament failed to perform expected role in ensuring good governance, democratic system through establishing accountability and resisting corruption. Both the government and opposition parties are responsible for the failure.”Those who are presented or those who claims themselves as opposition party in the parliament are facing identity crisis, which they themselves confessed at the last year of the current government’s period”, he added.Mentioning parliament as the main organization of democratic system, Sultana Kamal said, most of the time in parliament is being wasted in the acts of praising, condemnation, and confrontation.TIB advisor Sumaiya Khayer and director of research and policy department Md Rafikul Hasan were also present in the programme.In the conference, TIB also came up with 14-point recommendation to make the parliament effective.last_img read more