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4th edition
by Cheryl Woodard
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4th edition
by Cheryl Woodard
Fourth Edition OCTOBER 2004
Woodard, Cheryl.
Starting & running a successful newsletter or magazine / by Cheryl Woodard.--4th ed.
p. cm.
Includes bibliographical references and index.
ISBN 1-4133-0083-9
1. Periodicals--Publishing--United States. 2. Newsletters--Publishing--United States. I.
Title: Starting and running a successful newsletter or magazine. II. Title.
Z479.W66 2004
070.5'72--dc22
2004050055
No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or
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permission of the publisher and the author. Reproduction prohibitions do not apply to the forms
contained in this product when reproduced for personal use.
Quantity sales: For information on bulk purchases or corporate premium sales, please contact the Special
Sales department. For academic sales or textbook adoptions, ask for Academic Sales, 800-955-4775. Nolo,
950 Parker St., Berkeley, CA, 94710.
Dedication
I dedicate this book to Katie, Leo, and Mick.
Acknowledgments
Many different people helped me learn the publishing business, and I’d like to
thank all of them, but that simply isn’t possible. Here are some whose polish
hasn’t worn off after many years: Jack Ladd, Jack Edmonston, Gail Odeneal,
Kathy Dinneen, and John Griffin.
…and, of course, Jackie Poitier, David Bunnell, and Pat McGovern.
I owe a special thanks to my friends, Bill Murphy and Bill Dillingham, for
writing good contracts and enforcing them effectively.
A parcel of editors helped put this book together and I thank them with all
my heart, especially Peri Pakroo, but also William Rodarmor, Stephanie
Harolde, and the Tough Love King of editing, Jake Warner.
Finally, forever, and for everything else, thanks to my husband, Mick
Wiggins, who is still the first person I want to talk to every single day.
Preface to the Fourth Edition
I receive emails every day from people who want me to help them
sell a magazine idea to an established publishing company, much like an author
sells a book idea to a book publisher. Like a novelist, these folks hope to create
the content of a magazine and then get a publisher to handle all the production
and distribution details, splitting the revenues with the author. Unfortunately,
magazines and newsletters don’t work like books. For one thing, a magazine
idea by itself has very little value until somebody invests money to prove that
readers and advertisers like the idea as much as you hope they will. And for an-
other thing, periodicals normally take three or four years to become profitable,
and many never do. Knowing the risks involved, experienced publishing com-
panies rarely make deals with outsiders—unless of course you offer them some-
thing guaranteed to succeed like Oprah Winfrey did with O magazine and her
65 million daily TV viewers—and if you are Oprah, then you probably don’t
need to read this book.
Ordinary souls like us generally have to become the publisher to get a new
magazine or newsletter off the ground. We have to find money, get talented
people to help us, and launch the thing ourselves. Then, we might be able to
sell our work to an established publishing company—after we’ve proved that
the idea resonates with customers. Lots of people have come up with a good
idea, invested a couple of years to prove that readers love it, and then either
sold out completely to a big publishing company, or partnered with big inves-
tors to grow the business on their own. That’s how we started PC Magazine in
1981, and you’ll read other examples throughout this book,
The magazine world has changed dramatically since we started our four com-
puter magazines back in the early 1980s. You may have read about ownership
consolidation in the newspaper, TV, book, and radio industries—and periodi-
cals have been through the same process. Where there were hundreds of small
companies owned by private families or investors 20 years ago, there are only a
handful today. Those small companies used to provide start-up capital for en-
trepreneurial ventures in the past, and what’s more important, there was plenty
of room in the market for a small operator back then. Today, six companies
own about 80% of the magazines you see on newsstands, and they have tre-
mendous market power—over the shelf-space for magazines, their pricing, and
even the postage rates.
Today’s publishing entrepreneurs have adapted to that changing market-
place. People don’t try to compete head-on with the mass-market titles such as
Oprah’s magazine, or People, or even PC magazine. Instead, entrepreneurs find
opportunities the big players are not likely to exploit on their own—special in-
terest titles, or quirky ones that appeal to a unique audience, or mission-driven
publications that have social rather than commercial value. I’ve put many of
those examples into this book, too, and also on my website. And you can find
them yourself at bookstores or through some of the publishing associations
listed in Chapter 14 of this book.
The other big change in publishing since the 1980s is, of course, the Internet.
When we launched PC magazine in 1981, we didn’t have a fax machine, let
alone a website, and our staff didn’t even have email accounts at home. Every-
thing had to be accomplished face-to-face back then. But today, publishers rou-
tinely work with writers, designers, circulation experts, and other collaborators
living far away. You can outsource nearly everything. We started PC magazine
with about 40 employees in 1981, but publishers today can get by with five or
six people on staff, some of them not even living in the same city, getting every-
thing else from remote contractors.
The Internet also helps entrepreneurs reach their customers more efficiently
than in the past. And the Internet is particularly suited for niche publishing.
I’ve included many good examples showing how small-operator publishing
companies have effectively used the Internet to economically reach a very loyal
audience. You can see many other examples by combing the Web on your own.
The publishing world is still evolving, and I encourage you to visit my
website, www.publishingbiz.com, where I offer the latest information and
trends. And please feel free to email me; I would love to hear your publishing
adventures. My email address is Cheryl@publishingbiz.com.
I Introduction
1 Smart Publishing
A. Different Publishing Options ............................................................... 1/4
B. Finding Your Place ............................................................................... 1/7
C. Creating Relationships ....................................................................... 1/12
D. Surviving Through Efficiency .............................................................. 1/18
E. The Publisher’s Golden Rules ............................................................ 1/21
F. Smart Publishers—Some Examples .................................................... 1/25
10 Managing Employees
A. How to Find Experienced People ....................................................... 10/2
B. Encouraging Collaboration ................................................................ 10/7
C. Developing Your Own Experts ......................................................... 10/10
D. Avoiding Common Hiring Mistakes ................................................. 10/12
E. People Give Back What They Get .................................................... 10/18
11 An Internet Publishing Strategy
A. Use Current Connections ................................................................... 11/4
B. Finding New Revenue Opportunities ............................................... 11/10
C. Building Your Online Business ......................................................... 11/16
D. Profitable Sites on Modest Budgets .................................................. 11/26
12 Making Strategies
A. Why Publishers Need Strategies ......................................................... 12/2
B. Goals and Strategies .......................................................................... 12/4
C. Planning ............................................................................................ 12/8
13 Troubleshooting
E X A M P L E S
INDEX
INTRODUCTION
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