Premiere's murky future

Premiere magazine is not for sale, according to its publisher Hachette Filipacchi Media U.S., but Ad Age is hearing industry rumbles that the company has been looking for joint venture partners to help prop up the U.S. edition and bolster Premiere's international editions. There's also chatter about expanding the digital operations at Premiere and other Hachette publications. The NY Post reported yesterday that the struggling entertainment mag was on the block (and despite the denials it's unlikely that the folks at Hachette would turn down interested parties, if there were any). Ad pages plunged 24.7 percent last year, although paid circulation of 509,940 is up slightly in the latest reporting period.



More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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