Courtesy of BoSacks & The Precision Media Group  
America's Oldest e-newsletter est.1993
I want to stand as close to the edge as I can without going over. Out on the edge you see all the kinds of things you can't see from the center.
Kurt Vonnegut
 
Dateline: 
FIPP: World Publishing Congress, Las Vegas, NV
In This Issue
BoSacks Readers Speak Out: AI and Publishing, Newspapers, Printers, & Physical Ownership of Print. 
Re: "The impact will be immense": How AI is reshaping the publishing industry
There are sooo many potential applications for AI in Publishing. Many fear it for misconceptions about robots taking over the world. What those bots are doing is uncovering things that a whole army of scouts and reporters couldn't uncover in such a timely, and thereby relevant manner. 
 
Do your standard due diligence for any new venture. Set your objectives, accomplish them and learn what you didn't know you didn't know if the process and on-going as only AI can highlight. Want to know what's trending, what to measure your message's impact, what to know what words resonate... the possibilities are endless, because, well, they are!
 
Excited about technology enhancing the human experience
(Submitted by a former publishing executive)
 
RE: Meredith's Vision for the Future Includes Growth in Print Advertising, Newsstand Revenue
God bless you, Bo.
I love that you're out there sharing your experience and wisdom. Your e-newsletters encourage me every day. It's like caffeine for publishing minds.
(Submitted by a circulation director)
 
Re: BoSacks Speaks Out: How the Newspaper Industry Killed Itself
Bo,I posted the why newspapers fail article in the Prodigy alumni group page and this was a response posted by Les Briney....with his permission to share outside the group...
 
"Having been responsible for getting newspapers to put content on Prodigy until the time I left in 1995, I was dealing with "Business Development Vice Presidents" or members of their staffs in The Palm Beach Post, The Atlanta Journal Constitution (our flagship), The LA Times, The Boston Globe and a few others.  They were all strapped for money and received only mild attention from the brass at their respective newspapers.  This article is incredibly close to reality at the time.  I attended some of those same meetings.  The newspapers were like ostriches with their heads in the sand.  The mind boggler to me, however, was Sears, that showed zero interest in putting the catalog online, even though J.C Penney was showing traction.  Sears, like the newspapers, could have owned their industries on the Internet had they gotten their heads out of the sand."
(Submitted by a Senior Publishing Sales Executive)

Re: BoSacks Speaks Out: How the Newspaper Industry Killed Itself
Bo  Great article. Very well written and a compelling story. After 45 years in the paper business, I try not to be like the main character in the story. Not always easy. 
(Submitted by a Senior Paper Person)
 
RE:  Our principal Problem is Principles 
Bo, I like your newsletters albeit a large percentage of the content is geared more to consumer. That said, many times within those there are pieces of thought and information that we can use in our thinking about our business.
 
Today's piece from Bob Hoffman,  Our principal Problem is Principles is great!
 
To quote, "What do we believe in now? Likeanomics, engagement, conversations, storytelling, and empowerment? These aren't principles. These are the tired clichés of a struggling industry."
 
Over the past years the self proclaimed industry geniuses in addition to continuing to proclaim, "print is dead" have added all of the things quoted by Bob Hoffman above and many more to come back to "CONTENT is King". Seriously! Now there is a (new?) concept we can all sink our teeth into today! Someone should notify the Journalism Schools quickly!
 
Speaking for B2B the time tested concept I have followed since day one in this business and continue preach (now semi retired and another story altogether) for our business is simple,  "Bringing buyer and seller together" That is it! If we can bring buyer and seller together and prove it our job is done and the seller's job begins except in those models where we actually fulfill the order.
 
The way I see it is  "all R's" in the following order - Reach - Readership - Response - Revenue - Return and Respect. In short,  "Bringing buyer and seller together".
 
Or to put it in English and another way; "If the dog will not eat the dog food get different dog food!"
(Submitted by a B2B Publisher)

RE: BoSacks Speaks Out: What has happened to the printed Bible Business?
...I call your attention to the statement that some of the presses from the Philadelphia plant are being moved to an Indiana plant. So though the Philadelphia closing is being spun as a reduction in capacity, it sounds more like a shifting of capacity from a high-wage area to a relatively low-wage area. LSC has previously said it was looking to close and sell some of its urban plants because their real estate is so valuable, as it did with its Torrance plant.
 
As for those young press operators now looking for work, I know of at least one printing plant that is relatively nearby with an extreme labor shortage. But it's a non-union plant, so I doubt it will hire Teamsters.
(Submitted by a Senior Publishing Executive)
 
Re: Is USA Today's print edition headed for the sunset as GateHouse and Gannett merge? Signs point to yes.
Even though I am not a USA Today reader, except when staying at a hotel, I am really sad to hear about it's probably demise. If anything we need more newspapers today, not fewer.
(Submitted by a Publishing CFO)
 
Re: Microsoft brought book burning into the digital age - and you should be worried
Thanks very much for sending Dave Davis's article about e-books, " Microsoft Brought Book Burning into the Digital Age"  I may be old-fashioned, but I've never quite grasped the financial value proposition behind e-books. I think they're overpriced.  As Davis points out, readers don't own e-books, whereas readers not only own the printed books they buy but can resell them, which reduces their overall cost. Generally speaking, used books are a bargain compared to the digital version, and (like new books, of course) can be sold again or donated to a public library as a tax deduction.  Personally speaking, I feel like a donated book does good for the owner, the library, and, ultimately, the public.  I certainly appreciate the convenience of e-books, but I think math favors the print edition.
(Submitted by a Publisher and an Official BoSacks Cub Reporter)

Re: BoSacks Speaks Out: 'Even more headaches': Publishers brace for fallout from California's 'gig workers
This is not an unintended consequence. This is exactly the consequence that is intended. First they came for the "free" interns. Now this. More to come.
 
Will anyone connect this with the general topic of business regulation in other industries, especially small businesses? Probably not. Perhaps now publishers will understand what those not in their industry have been trying to get attention about all along. Nice to see this problem on their doorstep. Maybe they'll be attentive to the topic overall now. 
 
The article did have a hilarious line:
"If nobody wants to sue you, and nobody's ever disgruntled, the odds of the regulators coming independently and inspecting you are quite low."
LOL!! How can anyone say that with a straight face? How naive! What a lie.
 
Back when I was running my tiny consulting practice with my beloved spouse and two part time support workers, and three 1099 subcontractor consultants for various projects over the year. We were audited every single year for payroll and workmen's compensation compliance. They looked at every employee and freelancer and their hours and documented where they lived. It's not the "independent" inspections -- it's the daily effect of these regulations when they're not there. Had we hired one more part time employee, we would come under a different set of regulations with its own compliance requirements and another auditor visit into our home-based business.
 
The annual "Ten Thousand Commandments" report is highly recommended.
(Submitted by an Industry Analysist)

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"The Industry that Vents Together Stays Together"  
Responses to all Articles and Bo-Rants are greatly encouraged 
and may be included in " BoSacks Readers Speak Out"  
All news items and the various opinions expressed in this newsletter are not necessarily the opinion of, nor in agreement with the opinions of BoSacks. They are just interesting thoughts and other opinions that BoSacks thinks you should know about.  
After all, as the Japanese proverb goes: 
"If you believe everything you read, perhaps you better not read." 

"Heard on the Web" Media Intelligence:   
Courtesy of  The Precision Media Group.   
Print, Publishing and Media Consultants 
193 Brookwood Drive, Charlottesville VA 22902
Contact - Robert M. Sacks  917-566-7437
[email protected]
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