American Media LLC, the company that purchased a gutted Adventure Sports Network in January 2019 has apparently sold the National Enquirer (and a couple other tabloids) to Hudson Media. for $100 million, according to a story on WWD.
James Cohen, part of the family that founded Hudson News Distributors, is buying the U.S. and U.K versions of the gossip magazine from David Pecker’s American Media LLC (recently renamed from American Media Inc.), which acquired the title 20 years ago. The $100 million deal also includes two other tabloids, Globe and National Examiner. . . Pecker — whose friendship with President Donald Trump and the use of the Enquirer’s coverage to aid Trump’s candidacy and perhaps even his personal vendettas has come under intense scrutinyover the last year — wrote in a statement that the group of magazines actually pull in $30 million in profit annually.
Not sure what this really means other than Snowboarder, Skateboarding, and Surfer Magazine are no longer siblings of the politically embroiled gossip rags and AMI is a little less in debt — only $355 million now. Ouch.
Celebrating its 12th year, the Boardroom (formerly Sacred Craft) highlights the surfboard manufacturing industry. A gathering of like minded enthusiasts who are drawn by an authentic love for riding waves and the crafts that move us along those waves.
The event features booths from all your favorite surfboard brands and craftspeople, parties, talks, the California Gold Surf Auction, and the Icons of Foam Tribute to the Masters shaping competition honoring Wayne Lynch. The shaping comp will feature Travis Reynolds, John Oppito, Jordan Brazie, Steve Brom, Ryan Burch, Dan Mann, Daniel Tomson, and Shyama Buttonshaw. What them work their magic live on in person.
Tickets for the weekend are $15, kids 16 and under always free. For tickets, click here. For more information follow the jump.
It’s hard to believe, but it appears that eventually every dead fashion brand ends up in Jamie Salter’s hands. So it should be no surprise that he was able to add Volcom to his arsenal of 50 zombie brands which also includes Airwalk and Vision Street Wear.
“We are thrilled to have completed the purchase of Volcom,” said Jamie Salter, Chairman and CEO of ABG. “For nearly three decades the Volcom family has created one of the most iconic brands in the skate, surf and snow markets. During the last few years, the brand has been consistently gaining traction with broader audiences around the world while staying true to its core. We could not be happier to finally get to work with this team.”
Yes, this is an over-simplification of the deal which includes the creation of a new operating group run by Todd Hymel and the current Volcom management of which ABG is a minority partner, but hey at least Vee-Co is out from under the French and zombie brands live forever.
For the official word and no mention of how much ABG paid for Volcom (last time it sold for $607 million, this time we’re guessing much, much, much less) please follow the jump.
In a keynote address yesterday (March 25, 2019), Apple’s Tim Cook mentioned that their newly launched News+ app is like having an “entire newsstand on your iPhone,” but for us, not so much. First, as we’ve been saying lately there aren’t many surf, snow, or skate magazines left, and second, the only one that made it onto the Apple app is Surfer Magazine. The new “Netflix for magazines” app charges users $9.99 a month for unlimited magazine viewing from at least 300 different magazine titles.
For the olds who enjoy reading The New Yorker, Vanity Fair, Rolling Stone, The Week, and Surfer, this new subscription model might not be terrible, but spending $120 a year for magazines that can only be read on iPhones, iPads, or Apple computers, doesn’t seem like the best deal when a Surfer Magazine subscription can be purchased online for $14. For more info on Apple News+ please click the link.
At this point see skate, snow, and surf headlines in our sleep and though we don’t seem to have time to snark this batch up, we still want them in an easy-to-scan format. So here they are as of March 25, 2019. Click the link for all the headlines you should have seen in the past few weeks (in no particular order, sadly) and enjoy the news.
We’ve been out of the Surf Industry Manufacturers Association loop for more than a minute so please forgive our ignorance, but we were pleased to discover that SIMA is still doing an annual awards show. Yes, in 2019. Their 15th, apparently. And last night (March 20, 2019) they got their membership together for a “sold out” show at The Observatory in Santa Ana, California to pat (Parnell) each other on the backs for surviving another year and to swap awards for all the great work they’re doing.
Brands to grab awards included Vissla, Billabong, FCS, Vans, and a few others. There were 116 nominees from 41 brands. The breakout brand of the year award went to Seea. Who? Seea, you know, the swim brand that “is dedicated to the pioneering women who first braved the waves, and to every woman who has ever searched for a suit that is feminine, comfortable, and fun.” Now you know. Billabong was the night’s big winner with five awards. Quiksilver was nominated in six categories (eight if you count Roxy) and they didn’t win a thing. Volcom didn’t get a mention, and Hurley, well Hurley is no longer a member of SIMA, and you can’t win if don’t pay play.
SIMA even had an award from what’s left of surf media for something called the “Consumer Media Feature of the Year.” It was won by Stab Magazine for The Electric Acid Surfboard Test. The other media in the running were Surfer, Surfline, and something called The Inertia.
For the official word from SIMA including all the winners and nominees, please follow the jump.
Just as the snowboard industry was getting used to the idea of a future without TransWorld Snowboarding in print, the brand announces that as of March 6, 2019 the entire brand is dead and over. In a post on the site someone explained it like this:
All good things, unfortunately, must come to an end, and effective March 6, 2019, TransWorld SNOWboarding has closed; the 32nd volume of magazines will be our last, and Kamikazu will be our final film. Over the coming weeks on our site and social channels we’ll publish tributes and reflections from the photographers, editors, filmers, and riders who defined the title over the years, so please check back regularly.
According to a Keith Kelly story in the NY Post, what is left of TWSnow will be “rolled into in-house rival Snowboarder” and go digital. So what’s left?
Only three titles — Bike, Surfer, and Powder — will survive with regularly scheduled print editions after 14 titles of The Enthusiast Network were quietly sold to American Media Inc. . . “We always viewed the Adventure Sports Network as an acquisition focused on significant digital scale and unparalleled experiential events,” said an AMI spokesman.
It’s good to see that at least an unnamed AMI spokesman has a plan for the recently purchased titles. We can’t wait to see how this all pans out.
In letters to subscribers that began arriving in mailboxes the week of March 3, 2019, American Media Inc, the current owner of TransWorld Skateboarding and Snowboarding magazines announced that both publications will “no longer be published.” Adding insult to insanity, the company also promised to fulfill remaining subscriptions to the legacy titles with copies of their recently acquired (June 2017) magazine Men’s Journal.
Founded in 1983 by Tracker Trucks owner Larry Balma and Peggy Cozens, Transworld Media built a place where creative kids could flourish mostly undisturbed by outside forces. Aside from helping to usher in the modern board sports era and making skateboarding and snowboarding central to mass youth culture, TransWorld also served as a launch pad for innumerable success stories in fashion, design, photography, music, and filmmaking. Simply put Transworld’s contributions to pop culture cannot be overstated.
When we mentioned to a publishing executive that this must be what it feels like to outlive an era, he replied, “I think the era we have outlived is the era of niche media as corporate commodity. Doesn’t seem to work so well.”
And that is true. Independent action media brands like Thrasher Magazine and The Snowboarder’s Journal continue to thrive in print, suggesting that the end of print at TransWorld may have more to do with corporate greed/overhead than anything else. Then again, we have yet to see anyone under the age of 30 lamenting the news, so there’s that as well.
As for the future, TransWorld Skateboarding will live on as a digital property (the staff has already begun posting “thanks, but we’re still here” to their social media streams) and sources tells us that management is working out the details on how and/or which of the company’s two snowboard brands will be preserved online rolling forward.
We’d be more optimistic about Transworld’s digital future if it weren’t for AMI. Their reputation for always doing the wrong thing (along with their reportedly toxic CEO David Pecker) doesn’t bode well for the brands.
Through all the sadness we are cheered by the fact that these magazines lasted 20 years longer than we thought they would when we first began preaching the digital revolution. Good work. And, as this has all happened before (remember Skateboarder Magazine and Action Now?) we’re looking forward to what the next generation of creative kids will assemble out of the wreckage.
It’s barely March, and already the resort industrial complex is inundating us with marketing for their super-mega season passes for the winter of 2023-2024. Really? Already? Why are they doing this, and what does it all mean? We’re glad you asked.
Before we dive in let’s make one thing clear — obviously if you ride 20 days a year or more at the same few resorts owned by the same corporation then buying a super-mega pass is a no-brainer. Spend the $1,159 and get on it. If, however, you enjoy controlling your own money, waiting for good snow, and riding different resorts all season long, here are a few things you might want to consider before shelling out hard-earned cash on an Epic or Ikon pass.
The corporations that run ski resorts in North America (Alterra Mountain Company and Vail Resorts) have very sound business reasons for selling super-mega season passes, and they have nothing to do with giving you a good deal. They’re not interested in saving you a boatload of money. And it’s not because they’re putting their guest’s needs first. It all comes down to three main goals:
They want your money now. Not next year. Now!
They want ALL your money. Resorts don’t want you to spend a dime with their competitors (or competitor as the case may be in North America).
They want to offload all their weather, pandemic, acts of God-related business risks to you so they won’t have to worry as much when chaos strikes.
Once you understand this, the whole mega-pass gambit makes more sense — for the resorts. Look at the way they promote their mega-pass sales. It’s like they’re setting up a con. First, they manufacture scarcity to increase perceived value: “This special deal is available for a limited time only.” We’ve all see the emails, “You have one more week to lock in savings.” “Hurry, this deal won’t last forever.” Why won’t it last? Good question. It could last all season. Nothing is stopping the resorts from selling super-mega passes all season long. It wouldn’t even be that bad a deal for them. People who bought passes later in the year would have fewer chances to use them. You’d think resorts would do that. But selling passes further into the season doesn’t get your money a year in advance and lock you into their resort for the entire season, and it certainly doesn’t protect resort owners from the specter of a bad snow year or global chaos.
Lately, we’ve been wondering what it’s been like for that small group of action sports media professionals who survived the AMI takeover of The Enthusiast Network. How is working for Trump pal David Pecker?
So far we’ve heard nothing from inside the building, but The Daily Beast posted a profile on March 2, 2019 titled How David Pecker Built His Tabloid Empire on Fear that might give some insight into how it could be going for those who still remain. The old story, written nearly two decades ago, suggests that Mr. Pecker has morphed his management style very little over the past 20 years.
American Media LLC, the company that purchased a gutted Adventure Sports Network in January 2019 has apparently sold the National Enquirer (and a couple other tabloids) to Hudson Media. for $100 million, according to a story on WWD.
It’s hard to believe, but it appears that eventually every dead fashion brand ends up in Jamie Salter’s hands. So it should be no surprise that he was able to add Volcom to his arsenal of 50 zombie brands which also includes Airwalk and Vision Street Wear.
In a keynote address yesterday (March 25, 2019), Apple’s Tim Cook mentioned that their newly launched 
