
Jann Wenner, dealing with the shrinkage of his beloved Rolling Stone and the domain name whoopsie of his Us Weekly (someone else owned the URL and Jann wasn't willing to shell out the bucks to buy it) is finally, finally acting like the Internet isn't some passing fad that will go the way of the Atari and pet rock. In an interview with Ad Age today, Wenner talked about the hiring of his first digital director, starting in January, and why he waited so long in investing in the world wide web.
First off, Jann is really on top of his game when it comes to online ad sales:
MediaWorks: How much of Wenner Media's ad revenue comes from digital operations?
Jann Wenner: Honestly, I don't know.
Exciting! That number could be $1, or it could be in the millions! We love guessing games. Don't worry though, in case you thought that Jann was going to lavish all of you net readers with his unbridled affection.
MediaWorks: What's an online reader worth to you compared with a print reader?
Jann Wenner: The print reader's worth a whole lot more.
And then of course, there is the patented Joanne Lipman Portfolio response to why he won't create more content for RollingStone.com:
MediaWorks: Why not try to turn RollingStone.com into something that has a much larger reach online that reaches tons of people who don't touch the print edition?
Jann Wenner: Why undercut the print edition? You're just going to undercut the print edition. There's a finite audience for reading about music. And they like the print edition. They find it valuable and on and on and on.
And on and on and on indeed, Jann! Well, get back to us in two months and tell us how the bartending gig is working out for you. We'll just be here, with our not-so-valuable online readers.
Pirates Come Back for Second Round of Whoop-Ass (21)
· weezy says: “Gays and blacks like Obama, that’s pretty much it. Military LOVES Rush, and... »
· Rhonda says: They don’t always respect command, ever heard of the F U salute, soldiers hated... »
· bam-a-lam says: @Rhonda: The military always respects the President, no matter who he/she is. The... »
Bald A-Hole Joe the “Plumber” Now Stealing from Ignorant Poor People (39)
· weezy says: “Obama said, well I’m going to tax your earnings and give it to losers who... »
· Rhonda says: Bam, No one picked “Joe the Plumber” he asked Obama a guestion, Obama blew... »
· bam-a-lam says: “Joe the Plumber” really is a pretty bad spokesman. He’s not a... »
Obama Puppy Now Fielding Your Questions (67)
· whitney says: I didn’t have enough patience to read all of the pages of comments. PETA is... »
The Bigoted, Illiterate Tea Party Goons Gallery (106)
· weezy says: i hope all of those people protesting make 250K and above and will not take any stimulus... »
Despite Glenn Beck’s Support, Texas Will Never Secede (38)
· weezy says: @bam-a-lam: #18 brilliant post!!! #26 getreal: i agree. i think we should all get... »
GretaWire Wire (14)
· Rhonda says: Obama continues on his America Sucks 09 apology tour. Chavez and Obama looked pretty... »
where are all the hags?
y'all are the only interesting part of this site!
Kind of how you have no idea what's going on either?
Am I high, or do people who like music also enjoy teh internets? Since many people who are really into music are young and many people who use teh internets are also, you know, YOUNG? This is like the Darwinian theory of economics.
He strikes me as the sort who looks down on others for not buying vinyl.
I have a confession: I've always thought he was hot.
Yeah he's kinda missing the point on this. The only industry to benefit from the web more than porn is the music industry. Music online is 24/7 and always up to date. itunes and Myspace have done more to bring new music to people in the last 5 years than Rolling Stone has.
Newspapers and magazines are dieing because for the most part people have embraced the web for their first choice of information. I don't think newspapers or magazines will ever completely go away but they would be fools to think themselves above or better than the internet. The only choice they have is to adapt of slowly wither away.
Of course Rolling stone can form a partnershipp with facebook or myspace since they offer interesting news that those users can find useful in the music biz.
"We'll just be here, with our not-so-valuable online readers."
If you loved us you'd redesign.
And if you really, really loved us, you'd buy us a pony. After redesigning.
If you gave a half a shit about us, you'd give us our Mollygood, but I digress.