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Advance Publications executives say they have been forced to consider new approaches because they have little hope of replicating the company's enormously profitable fashion magazine business on the Web.
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Within a fortnight of publication, executives at Krispy Kreme announced an abrupt about-face, saying they would use conventional "on the balance sheet" accounting for the new plant after all (see: "Krispy Kreme Changes Its Plant Financing").
Many publishing executives said they wanted to wait and see the publications before they drew a conclusion.
The consultants from McKinsey issued specific budget recommendations for publications, and executives at some magazines, who asked not to be named as they were not authorized to discuss the cuts, said they were told last month that their budgets needed to shrink by 25percentt.
But the magazine received at least $10,000 a page for the five-page feature, according to the publication's executives, who e-mailed images of it as an example of the paid genre.
The News, with a circulation of 65,000 -- about half that of the morning Tribune's 135,000 -- wants to move to morning publication, its executives say, to compete on a level playing field.
While there are hundreds of publications on executive compensation, relatively few have investigated the role of organizational evolution on CEO compensation design.
The blowback from the Sony hacking ordeal, in which 100 terabytes of stolen data resulted in the publication of executives' revealing emails, has been seen far and wide.
In addition to the Beard House staff (president, CFO/COO, accounting, reservations, membership house operations and programming), we have a second office, home to our publications team, executive vice president, development, awards, special events and educational initiatives, so it's good to catch up.
Providers of products and services can argue that they are merely offering useful information to people in need, but some promotional tactics that would have been acceptable in the marketing climate just six weeks ago are now inappropriate, said Jonah Bloom, the editor in chief of P.R. Week, a trade publication for public-relations executives.
But he said he backed other proposals including term limits, transparency over salaries and the publication of executive-committee minutes.
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