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New Insurance Product Protects Media

Now if you blame the media, someone else will have to share in the losses.

Insurance company Aviva (AV) is taking the side of camera-wielding, microphone-thrusting pushy press folks with a new form of protection that will cover everything from electronics to foot-in-mouth syndrome (i.e., liability). The insurance product will be available to a variety of companies, including both online and print publishers, broadcasters, photographers and marketing and advertising companies. So, if you're responsible for the news, the ads or the process of putting them in front of eyeballs, Aviva probably has you in mind.

Continue reading New Insurance Product Protects Media

Time Inc. advertising revenue still slow for October

Early indications for Time Inc., the magazine division of Time Warner Inc. (NYSE:TWX), would seem to say that the fourth quarter is not going to be a barn burner. The Publisher's Information Bureau has announced figures for October 2006.

Time Inc.'s large weeklies did not do much during the month. For the year to date, People's ad revenue is up only 3.8% to $702.9 million on an ad page decrease of 1.8% for the period to 3,023. The numbers at Sports Illustrated were slightly worse. Ad revenue fell .1% to $505.6 million. Ad pages dropped 1.9% to 1,664. At the flagship, Time magazine showed an ad revenue increase of 4.9% to $512.2 million on a page increase of 2% to 1,793.

The magazines at the next level down did not do terribly well. Entertainment Weekly's ad revenue dropped 2.9% for the first ten months of the year to $189.8 million on an ad page fall-off of 7.3% to 1,347. Fortune's ad revenue is down 2.3% to $244.6 million on a drop of 4.3% in ad pages to 2,343. In Style's ad revenue rose 5.5% to $332.5 million. Ad pages fell .1% to 2,826.

For all magazines measured by PIB, the first ten months of revenue rose 4.1% and pages were up .4%. Not much to write home about for Time Inc. or the industry.

Douglas McIntyre is a partner at 24/7 Wall St.

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Last updated: February 13, 2012: 07:06 PM

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