This just in: The traditional print news business is not being destroyed, it’s being “recreated,” says Andy Serwer, the managing editor of Fortune, the 80-year-old business magazine published by Time Inc. Serwer gave an interesting, wide-ranging talk last night at an event at the University of Toronto’s Rotman School of Management sponsored by the Society of American Business Editors and Writers (SABEW). While Serwer’s take on the industry tumult may not be original, old print reporters like me will take optimism where we can get it these days. The great print brands, like

Andy Serwer
Fortune and the New York Times, will survive, he said. He’s not quite sure how they’ll survive, but he thinks it has a lot to do with great journalism. He made a comparison to Consumer Reports magazine. CR can get away with operating a completely paid-access website because it offers information you can’t get anywhere else, said Serwer. That’s what Fortune is trying to do, too. The magazine remains the core of the business, but it’s now enhanced by Fortune’s impressive website (part of CNNmoney.com), mobile device apps, live events, social media, and other extensions of the “brand.” Serwer noted that web-only publications like Politico, the Huffington Post and the Daily Beast are not profitable. “The old model’s not working, and the new model isn’t either,” he said. Fortune, for its part, is having a better year. (Serwer: “We’re pretty sanguine about our position now.”) Last year was not so nice. One of the reasons it’s doing better now is because it had to fire journalists last year. Oddly enough, Serwer didn’t know how many — or perhaps he didn’t want to say. In a recent chat with journalism students, Serwer said he was asked if they should even be getting into this business. “Yes,” he told them, “but make sure you’re doing something with the wind at your back.” That could mean working alone at home on ground-breaking news stories, or working for a newspaper and helping to position it for the future. “You have to be extremely entrepreneurial to succeed in this business and have a good life,” he told the assembly of Toronto business editors and writers. “This really is kind of a calling. But it’s good to focus on the world is going to change, and we’re going to be part of it.”
According to my calendar, summer’s officially over today. As I look back wistfully on the season that was, my thoughts turn to technology. For the past few years, I’ve been a regular contributor to Tech Spotlight, an annual magazine that chronicles the incredible dynamism of what many would call Canada’s technology capital — Waterloo Region and Guelph. When you say Waterloo, most folks immediately think of Research in Motion, the country’s undisputed technology titan and the maker of the ubiquitous Blackberry. But there’s so much more than RIM. Communitech, the area’s leading technology industry association, estimates there are more than 700 tech firms based in Waterloo Region and Guelph. Many of them trace their roots to those hotbeds of innovation, the University of Waterloo and the University of Guelph. Each firm has a fascinating story, and you’ll find many of them in Tech Spotlight, published by the Waterloo Region Record. This year, my stories included a profile of Desire2Learn, one of the world’s leading education software companies. Founder John Baker was inducted last year into the Waterloo Region Entrepreneur’s Hall of Fame at the tender age of 32. I also did a piece on P&P Optica, a small Kitchener company that could see exceptional growth thanks to a sophisticated spectrometer it’s developed that can perform 14 tests on one blood sample. My five articles also included a story on Kevin Hall, the VP of Research at the University of Guelph. In the coming weeks, Hall will unveil a new research strategy for the university that will put more emphasis on research that has commercial appeal and could help drive economic growth. Canadian innovation is very much alive and well in Waterloo Region and Guelph. It’s exciting stuff. To read all about it, watch for Tech Spotlight on newsstands and online later next month.
JohnSchofield.com launches today with significantly more content, including an expanded Portfolio section that better showcases my writing skills and experience. Prospective clients and my existing customers can easily browse through a wide selection of previous projects, ranging from magazine pieces written during my tenure at Maclean’s to a sampling of more recent work for organizations such as the Workplace Safety and Insurance Board (WSIB), Canadian Manufacturers and Exporters, the University of Ontario Institute of Technology (UOIT), and the Retail Council of Canada. Among the featured assignments are a video script completed for the WSIB’s Young Worker Awareness Program, a booklet for prospective UOIT students, and a story on global retailing giant IKEA for the Retail Council’s Canadian Retailer magazine. The writing samples underline my strength in the business and education fields, and can be easily printed from the pages themselves. Four pieces are highlighted in my Featured Projects section, and can be accessed from anywhere on the website. The homepage and About page text has also been updated. Michael Alaggia, an accomplished Toronto web designer and Flash developer, built the site on a WordPress foundation, allowing for easy updates. JohnSchofield.com will be a key component in my ongoing marketing efforts. If you have any comments or suggestions, I’d love to hear from you at johnschofield[at]rogers.com or 647-477-7860.
MagNet was magnificent last week. After three days of non-stop seminars and schmoozing, I came away exhausted, but inspired. One of the many motivating speakers was Paul Copcutt, a branding guru from Hamilton, Ont., whose session was dubbed Brand New, Brand You. I’ve always had a tendency to dismiss so-called “branding” as a bunch of marketing malarky. But Paul put a spin on it that struck a chord. He emphasized that branding should stem entirely from your authentic self. That means reflecting first on your core values and what you really want to achieve with your work. Once you’ve defined that, branding is simply a matter of communicating those values. I still cringe at the idea of reducing everything in life to branding. Still, branding in business is a fact of life, and defining your business vision is enormously helpful. For once, Paul presented a meaningful definition of branding that cut through the crap. More on MagNet later.
This week, I’ll be attending the Professional Writers Association of Canada’s 33rd annual National Conference and AGM in Toronto. It promises to be bigger and better than ever. For the first time, the PWAC event is part of MagNet, Canada’s national magazine superconference. PWAC has partnered with Magazines Canada (the magazine trade association), the Canadian Authors Association, the Editors’ Association of Canada and the Canadian Society of Magazine Editors to offer more professional development sessions and expanded networking possibilities.
My schedule starts Thursday morning with a seminar titled At the Table with Six-Figure Freelancers. A panel of six top writers will share some of their secrets for success. On Thursday afternoon, I’m looking forward to attending Do It Yourself: How to Publish, Market and Sell Your Books Online. PWAC’s annual awards dinner is slated for Thursday evening with guest speaker Nino Ricci, winner of the 2008 Governor General’s Award for Fiction. Friday is shaping up to be an even busier day. Some of the sessions I’ll be attending include Going Global: Taking Your Freelance Career to International Clients, and Pitchcraft: How to Pitch Like a Pro. PWAC’s AGM will take place on Saturday morning. PWAC members from out of town will also have a chance to sample some of Toronto’s cultural life, with visits scheduled to popular tourist attractions like the Royal Ontario Museum, the CN Tower, the Toronto Islands, the musical We Will Rock You, and a Blue Jays baseball game. It’s the first PWAC conference I’ve ever attended and, by all indications, the organizers this year have hit one out of the park. I’ll be back at my desk on Monday, June 8, feeling motivated to achieve even more for my business and my clients.
GM’s bankruptcy is the big business story of the week. But we all know a lot of other industries are suffering, too. In Ottawa today, thousands of unionized forestry workers from across Canada demonstrated on Parliament Hill, demanding the government do more to support their industry. Add newspapers to the list. The Newspaper Association of America reported today that U.S. newspaper print advertising sales plunged 30 per cent in the first three months of the year, the biggest quarterly decline in at least 38 years. Ad revenue fell $2.5-billion (U.S.) to $5.92-billion during the same period last year. Is another bailout in the works? Probably not. People are fed up with politicians throwing obscene amounts of their tax money at moribund industries. Not only that, but accepting government money would completely undermine the notion of journalistic integrity, some industry leaders say. “That is so clearly contrary to what our role is as a watchdog that it’s just not acceptable,” Tom Fiedler, the dean of Boston University’s College of Communication and the former editor of the Miami Herald told Reuters this week. Instead, the report said, publishers are looking for changes to antitrust law, tax breaks and, for some, the leeway to convert their business into nonprofit companies. So far, Canadian newspapers have fared a bit better than their U.S. counterparts. But the shakeout is far from over. Canwest Global’s newspaper division, which includes the National Post and 11 other big city dailies, missed a $10 million interest payment last Friday. It’s survival seems in question. For writers, editors and publishers, these are interesting times indeed.