SkyDomains

Happy new year everyone.  Over the last few days of last year, I worked tirelessly trying to bring a deal to a close. It was not easy having to balance between work, school and a rather demanding customer. Over a period of two weeks we went from a decent offer (I have refused better for the same domain) to negotiating an advertising deal with the domain. This was particularly challenging because I was also writing my end of term exams at the time and this buyer turned advertiser wanted all kinds of stats. Well in the end the deal never panned out. However an ex US Marine recruiter once told me, “if they keep coming back, they want something”  This customer did come back a couple of time so I am almost certain that we will write a deal one day. It is not unlike one of my current advertisers (more…)

Jessica Dicker of CNN Money wrote today that Gourmet Magazine after 70 years of publication will be shut down despite over 1 million subscribers. In addition to Gourmet, parenting magazine Cookie and two wedding magazines, Elegant Bride and Modern Bride will also  be getting  the axe. 

“The magazine industry is in a difficult position generally speaking, it’s losing revenue to online advertising and it’s a tough business right now,” said Richard Dorfman, managing director of Richard Alan Inc., a financial advisory and investment company focusing on the media industry.

This is futher evidence that online advertising is indeed hiting conventional media hard where it hurts.