COMING IN DECEMBER "A Must-Read
For Marketing
Professionals" Introducing a new
trade magazine for the new opportunities in African-American marketing and
media.
The December 2007 issue of Target Market News magazine offers
in-depth stories on:
- Inside P&G’s “My Black is Beautiful” campaign
- The targeted ad strategy for the 2010 Census
- New advertising campaigns and assignments
Plus a special spotlight on the nation’s top African-American ad agencies
Johnson Publishing
Co. lays off top three ad execs, names new group director
(November
28, 2007) In an unexpected move, Johnson Publishing Co. announced on
Monday the termination of it three top-level advertising executives and
the appointment of a new ad group director. Jeff Burns, Jr., associate
publisher and senior vice president of Ebony (pictured); Dennis Boston, Ebony senior
vice president and Midwest advertising director; and Barbara Rudd, Ebony
vice president and Western advertising director, were removed in what the
company calls a streamlining of its magazines' sales efforts.
"We've decided to merge our advertising leadership to be more cohesive,
especially to meet the changing landscape of the advertising world,"
Johnson spokesperson Wendy Parks told the trade publication FOLIO:
magazine. She also said that no additional layoffs were expected.
Nijole S. Yutkowitz, national advertising director for Jet magazine, has
been promoted to the newly created position of of vice president and group
advertising director for both Ebony and Jet. She will report to group
publisher Kenard E. Gibbs.
“Under Nijole's leadership, JET magazine has thrived in a tough
advertising environment. As we look to maintain our position as the
leading publishing company to reach African-American readers, the creation
of this new role will ensure to our marketing partners that we present a
seamless advertising solution across EBONY and JET magazines and online,”
said Gibbs.
Burns told FOLIO: that he was shocked by the termination, which came down
from president and CEO Linda Johnson Rice. "The company is restructuring
and slimming down, and trying to run mean and lean," Burns said. "They're
trying to turn around the slide in advertising, which has of course
affected the entire advertising industry."
According to Media Economics Group’s Black Magazine Monitor, Ebony’s
advertising revenue declined 6.8% for the first eight months of 2007 to
$36.6 million, compared to the same period for 2006. Jet’s ad dollars
declined 3.1% for the same eight-month period to $18.8 million.
Declines in ad revenues were reported by all black magazines, except for
Essence, which had a 19.3% increase for the first eight months of 2007.
Burns told FOLIO: he had pioneered unconventional marketing campaigns
during his tenure with Johnson, having helped create several signature
event marketing programs including Ebony's annual Outstanding Women in
Marketing and Communications awards and Ebony's annual Hollywood in Harlem
film festival. "If you're in a period when you're trying to increase and
hold on to sales, you want your strongest, most creative sales
representative on board to do just that," said Burns.
14th Edition Now
Available!
New 2007
Buying Power report shows spending up in major categories The
2007 edition of "The Buying Power of Black America" has just been released
by Target Market News. The one-of-a-kind report is the most quoted source
of information on how African-American consumers spend their $744 billion
in income.
According to the newest edition of “The Buying Power
of Black America,” there is growth in a number of major product categories
despite that slowdown in overall consumer purchases. Get the details by
ordering your copy now.
Now
in its ninth year of publication, Black Issues Book Review is
the only nationally distributed magazine devoted exclusively to covering the
latest news and reviews on black books. BIBR also provides up-to-date news on forthcoming author
signings, book fairs and book clubs.
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