Dan Dienst, the CEO of Martha Stewart Living Omnimedia, said on his second-quarter conference call that the company is going through a quiet phase. As MSLO diligently works to balance its books and get its portfolio in order as it slowly transitions from a publishing company to a merchandising company, readers of its magazines and books have had to be patient, even stoic, while the company prunes its branches to cut costs. Over the last few years, longtime readers of Martha Stewart Living magazine have had to endure numerous changes: a reduction in the magazine’s circulation (from monthly to 10 months a year), a reduction in content, a depletion of special issues that once supported the flagship, routine changes to its format and design and a seemingly endless rotation of editors-in-chief, each with his or her own ideas about how the magazine should look and function.
Now, as the
magazine heads into its 24th year on newsstands, its operations have
been signed over to Meredith Corp., which will now handle the advertising,
production and distribution of Martha Stewart Living and Martha Stewart
Weddings. This is the first time Martha has looked beyond the walls of her eponymous
company to handle the production of her magazines.
Meredith Corp. is
a leading media marketing company dedicated to leveraging media platforms that
serve American women. It handles production, advertising and distribution for
magazines such as Family Circle, Traditional Home and Better Homes &
Gardens. I feel this is a very “Good Thing” for Martha Stewart Living, which
has struggled to attain the advertising dollars needed to properly sustain the
content on its pages that readers have come to expect and rely on. (Many of us
readers have commented on how thin the issues are today compared to previous
years.) It is certainly my hope that the new deal with Meredith will ensure
more ads, thereby encouraging more content, which will still be handled by the
editors and designers at Martha Stewart Living headquarters, by the way.
Readers will likely not notice any change to the look or feel of the magazine
when Meredith distributes the February issue of Martha Stewart Living next
month.
Let’s look
specifically at the 2014 issues of Martha Stewart Living. The most notable
observation, of course, is that this is the first year since 2000 that the
magazine has produced ten issues instead of twelve. Gone from the roster are
the January and August issues, which have been sandwiched into the December and
July issues, respectively. While I did love getting a new issue every single
month, and I do miss the freshness of the January and August issues, I can’t
say I was overly disappointed by the new ten-month distribution schedule. The
content in the bi-monthly issues is strong enough, I feel, to provide editorial
sustenance for the season.
There were almost
no editorial or design changes made to the magazine in 2014 – Eric Pike’s first
full year on the job as the flagship’s editor-in-chief. One exception was the
content on the last page, which changed from a personal essay written by an
author to a featured entrepreneur nominated for a Martha Stewart American Made
Award, beginning with the March, 2014, issue.( The last page of the magazine
has had several incarnations over the years: Martha’s Remembering column, Cookie of
the Month, Save Room For, the Essay and now American Made.)
I sometimes choose
a favourite issue and a least-favourite issue of the year but I honestly can’t
pick these for 2014. No issue stood out as being exceptional. No issue stood
out as being disappointing, either. This brings me back to the words of Dan
Dienst and the reiteration that the company is going through a quiet phase as
it charts the next phase of its course. There was nothing especially
spectacular about the 2014 issues, nor was there anything troubling or
disappointing to note. Each issue fulfilled its duty. Each issue was
informative and beautiful with good advice, excellent recipes and dazzling
photographs. Having said that, they didn't stay too long on my coffee table
and were relegated to the magazine file folders for storage sooner than I would have liked. Perhaps
now that Meredith is handling the business operations of the magazine, there
will be more time, more money and more passion to invest in the creativity,
the inspiration and that indescribable “Martha-wow-factor” that Martha Stewart
Living readers have come to expect.
5 comments:
Bravo my friend... very well written. As I was looking over all the issues from 2014, searching for something 'new' or something 'different' - I found nothing. While it's not a memorable year for the magazine, it was as it always has been - reliable. Here's to a great 2015!
Thanks, Kenn! I always value your opinion, as you know. I'm looking forward to 2015!
I agree, another insightful post that breaks the issues down and explains the fine points for those of us who mostly have a superficial view of the publishing world. In many ways I long for the older style but I do admit that I have come to appreciate the "modern" look as well. Hopefully, the new arrangement with Meredith Corp will boost advertising and sales. This magazine is an icon.
I believe Eric Pike has done an excellent job as the editor, with the exception, as I previously mentioned, of the personally disappointing December issue. As for the new format, I guess old preferences are hard to brake, as I still look fondly on the more detailed "richer" looking photography in previous years. Ultimately I will manage with the current format as I believe MSL adds greatly to civility, style and beauty so lacking in current culture.
APM
Everyone should take a look at today Martha's blog ( 12-11). It is perfect for the Holiday Season, filled with beautiful photo's!
APM
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