Operating revenues were $854.2 million, including approximately $49.1 million from the 53rd week, compared to $867.0 million in the prior year quarter. Favorable changes in foreign currency exchange rates benefited revenues by $4.2 million. Same store operating revenues declined 8.8%, an improvement compared to a decline of 9.4% in the third quarter of 2017, due to our strategic subscriber pricing initiatives and the inclusion of a full quarter of ReachLocal revenue in our same store calculation. Total digital revenues increased to $272.3 million, or approximately 31.9% of total revenue. GAAP net losses were $13.6 million, including a $42.8 million tax expense from the Tax Cuts and Jobs Act of 2017 and $27.6 million of after-tax restructuring, asset impairment charges and other costs. Click Read More below for additional information.
Hottest Magazine Launches Of 2017
Mr. Magazine — or Sami A. Husni, the director of the Magazine Innovation Center at the University of Mississippi, School of Journalism and a renowned magazine expert — has selected the 20 “hottest” magazine launches of 2017.
In February, the annual list will be whittled down to one — and that magazine will win “The Launch of the Year” at the American Magazine Media Conference hosted by MPA: The Association of Magazine Media.
Between October 2016 and December 2017, Mr. Magazine counts 201 new magazine brands that launched with a regular publishing frequency.
The criteria for his list: He had to have physical copies of the magazines, which had to have positive reactions from both the marketplace and the magazine industry.
The list of the top 20 magazine launches this year includes: Airbnb Magazine, Alta, American Affairs, Girls’ World Bake it Up!, Broccoli, Carnivore, Christopher Kimball’s Milk Street, Cuba Trade, Goop, Nail, National Geographic Science, Okra, Ranger Rick Cub, ROVA, The Golfer’s Journal, The Magnolia Journal, The National, The Pioneer Woman, Type and Woolly.
Mr. Magazine noted a number of legacy publishers launched new print magazines this year, which he feels “is something that must be recognized because it speaks of the power of the medium.”
more at: https://www.mediapost.com/publications/article/312304/hottest-magazine-launches-of-2017.html