IPC subeditors no longer dictate our youth; no longer IPC subeditors
IPC is IPC no more. The NME publisher is rebranding as Time Inc UK.
It's unlikely the new brand will ever inspire anything as glorious as this Clinic track, though:
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IPC is IPC no more. The NME publisher is rebranding as Time Inc UK.
It's unlikely the new brand will ever inspire anything as glorious as this Clinic track, though:
In a week when it's been announced that the entire NME readership is lower than the average home gate at Portsmouth, it's time to take one of our semi-regular dips into the magazine.
This week, it's another backward-looking issue - 20th anniversary of the Holy Bible, which is covered in depth, and actually feels like there's something still to say about a record. It helps when the LP has some depth to it. And as a one-off, irregular thing, why shouldn't you mark two decades since a band released something so rich?
Trouble is, they're trailing that next week will be a 20th anniversary issue again. This time of Oasis. The trailer line for that is a quote from Noel in 1994 saying that the album would be what will be remembered in 20 years' time, "not incidents on ferries or drug busts or whatever". Yeah, good luck with that, Noel out of Wibbling Rivalry.
It's not just the Manics' legacy that the issue has explored. There were other questions of history to be addressed, not least the NME's cover this week:
That @NME @Manics cover? That photo of Richey was a MELODY MAKER photo by Tom Sheehan. I was there. My idea. Fucking history-stealing fucks.
— Simon Price (@simon_price01) August 16, 2014
I'll never forget the time Richey cut 4 REAL into his arm in front of me as I was interviewing him for Melody Maker. How do like THAT, @NME?
— Simon Price (@simon_price01) August 16, 2014
@David_C_Lewis @simon_price01 Doesn't Steve Lamacq also claim he was interviewing him when he did that? Said in a BBC doc on the Manics.
— Craig Brown (@sloan1874) August 16, 2014
If Juggalos behave like a gang, then Violent J and Shaggy 2 Dope are their de facto leaders, whether they like it or not. And if violent crimes are being committed not just in their name, but in their honour, they need to issue a decree to the faithful telling them that it's simply not cool.
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As part of the splitting up of Time Warner into two smaller media companies, the question of who gets to keep IPC Media (and, thus, the NME) has been settled: Time will generate a massive ballon of debt with which to purchase the UK magazine publisher:
Time Warner officially announced that it's spinning Time Inc. off with $1.4 billion in debt, adding that the financing will be used to purchase Time Inc.'s U.K. operation, IPC Media.The suggestion that IPC is worth at the very most $1.4bn will be a bit of a blow to the Blue Fin Building; they were bought for $1.7bn in 2001.
The debt will be raised through an offering of unsecured senior notes and Time Inc. will enter into a secured loan facility, according to a statement.
Whatever remains of the debt facility after buying IPC will be used to pay a cash dividend back to Time Warner.
On the heels of a story in the current Private Eye that workers at IPC, publishers of Uncut and NME, are facing a year of frozen wages comes news that 8 per cent of the staff is being let go as part of parent Time Inc's canning of 500 jobs globally.
No word yet on if the job losses will directly hit the music magazines.
Reports in the Telegraph this morning suggests that Time Warner is taking a close look at flogging off all or some of IPC:
However, sources familiar with the situation cautioned on speculation about a sale of the whole of IPC, saying a full sale was "unlikely" at this stage.Still, if we worked at the NME, we'd be keeping an eye open for people coming round measuring up for curtains.
IPC Media has decided to more-or-less pull the plug entirely on NME Radio, dumping all but a web presence and dropping the digital radio and TV transmissions.
Oh, and DX Media, who have run the network since it started, have been shown the door.
The plans for taking NME Radio web-only, by the way, don't really sound like NME Radio is going to be NME Radio any more:
NME publishing director Paul Cheal says: "We have enjoyed a great working relationship with DX Media and we would like to thank them for all the excellent work that has gone into NME Radio.
"Meanwhile, we will continue to develop ways in which NME's audience can engage with both audio and content utilising our in-house studio facilities whilst maintaining an online music service via our award-winning music website nme.com."
She supports the survival of BBC 6 Music but points out that NME Radio is its rival. "All the things that people are lamenting about 6 Music are actually happening downstairs here in our basement with NME Radio. NME Radio can fill the gap that people believe is going to be there with the demise of 6 Music."
The publisher said that soon after the magazine's closure, work started on the digitalisation of the Melody Maker archive, with a company employed to electronically scan every page of every issue of Melody Maker magazine, with a view to making the complete searchable digital archive available online under the Melody Maker brand.
IPC claims that any online archive service could be funded by advertising therefore providing users free access to historic Melody Maker artwork, including some of the Melody Maker logos. The publisher said the archive would be of interest to the general public at large as well as to the enthusiasts and academics.
Although the technical aspects of the archive are almost complete, IPC said it still needed to address some legal issues before making the archive available.
When approached about future plans for the Melody Maker brand, a spokeswoman for IPC Media: "Melody Maker is an iconic brand in the history of music magazines and we will continue to explore ways to make that historic content available digitally."
Anne Moore, the head of Time Inc's magazines business - sorry, I mean, content business - has spoken to The Times about her long-term strategy for the company. It doesn't, it seems, involve flogging off UK consumers magazine business IPC:
Home to NME and Country Life, IPC had faced question marks about its creativity in recent years – and there was talk that Time might be prepared to sell.
“Where did you hear that from? I know, wishful thinking from bankers hoping for a mandate,” she says, praising Sylvia Auton, the boss of IPC. “We are very pleased – three out of her last four launches have been hits – and that’s why we’ve given her more responsibility,” which, it turns out, is running Southern lifestyle titles out of Birmingham, Alabama.