Wall Street

All The News Headlines For Now

by The Editors on March 26, 2019

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.

[click to continue…]

{ 0 comments }

SIMA Still Doing Awards Show

by The Editors on March 21, 2019

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.

[click to continue…]

{ 1 comment }

AMI Kills Off TransWorld SNOWboarding

by The Editors on March 8, 2019

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.

[Link: TransWorld SNOWboarding and NY Post]

{ 0 comments }

The End of Print At TransWorld Media

by The Editors on March 5, 2019

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. 

As expected the news lit up social media with eulogies, remembrances, and words of thanks for the part both magazines played in lives of millions. Athletes, artistsmagazine editorsphotographers, designers, legendsTV personalities, brand owners, and even sports agents praised the magazines and lamented the end of what was a really good run.

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 

 

@transworldskate 1983-2019 I Helped from Issue #1 back in 1983 and worked there as Photo Editor and Senior Photographer until leaving in 2003. Before computers, internet, phones, podcasts, live-streaming ,etc, Skate Mags and Zines were the only way to see and share what was going on in Skateboarding around the world. We would work on an article or interview for months and skaters would have to wait to get their Skate Fix in the mailbox and then they would pass it on. Readers would study each photo and read every word and soak it in and never forget it. Covers were a big thing, Centerspreads too. Transworld grew organically over time from the tiny black and white amateurish rag into a thick high quality and collectible magazine. The page count varied with the financial ups and downs and popularity of skateboarding, but it always came around, that’s Skateboarding. The digital revolution has taken its toll on all Print, humans just don’t get their news and entertainment from print anymore and they want it Immediately. Hey, time marches on and hopefully future skaters will get creative and produce compelling stories, magazines, books, art, photography and music that need to be felt, held and listened to. Cheers to all of the people that worked on Transworld Skateboarding Magazine and thanks to Larry Balma and Peggy Cozens for taking a chance and starting it. TWS supported a lot of families over the years, we can’t forget that. Sorry to see something with such a Legacy go. This April, 1986 Cover is of @lancemountain in Stockholm, Sweden, Summer, 1985. Photo: Brittain #transworldskateboardingmagazine #transworldskate #larrybalma #peggycozens #skatemagazines #skateboardingmagazine #skatezines #skateboardingisfun #lancemountain #jgrantbrittain

A post shared by Grant Brittain (@jgrantbrittain) on

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.

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 

 

Thank you for all the love❤️❤️ While the subscription/newsstand based print mag is no longer, (sorry about that notice letter) TWS is still a brand with a crew here working on digital projects like: A feature length Daewon Song documentary out in May and other quality content on our website, youtube, and other social channels. Special Limited Print editions are being planned. Thank you to everyone that has worked here on the magazine over 36 years for all of your inspiration and dedication to skateboarding. And Thank You to all of our subscribers, readers and audience for the support and love through the years.❤️❤️ Onto the next chapter. -TWS crew

A post shared by Transworld Skateboarding (@transworldskate) on

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.

{ 1 comment }

The Sinister Plot Behind The Super-Mega Pass

by The Editors on March 5, 2019

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 2019-2020. Really? Already? Why are they doing this and what does it mean 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 $950 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:

  1. They want your money now. Not next year. Now!
  2. 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).
  3. They want to offload all their weather related business risks to you so they won’t have to worry as much when a bad snow year 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. There’s nothing 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 later in 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.

[click to continue…]

{ 0 comments }

This Is The Guy Running Action Sports Media

by The Editors on March 4, 2019

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.

[Link: The Daily Beast]

{ 0 comments }

Sweeping Up The Headlines Into A Little Pile

by The Editors on March 1, 2019

News, dog. News. It’s that time of the week when we corral up all the headlines for the stories that got away into one big ol’ list and post them up. Take a look at what’s been going down over the past few weeks, follow the jump.

[click to continue…]

{ 0 comments }

Fox Sports To Broadcast Surfing Sport

by The Editors on February 12, 2019

Fox Sports today announced that they have signed a deal making them the exclusive U.S. television broadcaster for shows produced by a certain privately owned entertainment company specializing in event and online streamed content production (mostly surfing sport).

FOX Sports will telecast more than 500 hours of [surf event] programming, including live contests and highlight shows, across FOX, FS1, FS2 and the FOX Sports app in 2019.

This just might mean we’ll end up watching some of the surfing sport shows this season. Haven’t for quite some time. . . we’ll see. We were surprised to see no mention of the Oprah Winfrey Network? Maybe that deal isn’t done yet. For the official word from Fox (including all the details we’ve purposely ignored in light of our own sad, tired, anti-establishment proclivities), please click the link.

[Link: Fox Sports]

{ 0 comments }

Action Sports, Pecker & The Saudis

by The Editors on February 8, 2019


As if this whole TEN sale couldn’t get any stranger, a deeper dive into the backstory reveals a The New York Times story from March 2018 that hints at where the money used by American Media to purchase the TEN action sports properties (among other things) may have come from. . . Saudi Arabia.

The intersection of the tabloid publisher [David Pecker, pictured right with The Donald] with the Saudis, enhanced by the White House visit, is a previously untold chapter in the long, symbiotic relationship between the president and Mr. Pecker, which was forged in the 1990s. At the time, Mr. Trump was celebrating a real estate comeback after his casino bankruptcies and was both the subject and the source of much gossip in New York.

One action sports executive wonders if this all might be part of a plan to use actions sports as a way to improve the public’s perceptions of a county that, in addition to various human rights violations, has allegedly murdered at least one journalist:

Sports have been an increasingly viable way for despots to soften their image and market a national brand (Russia/Sochi; Qatar/World Cup; Saudi Arabia/PGA events). . .Doesn’t seem a crazy reach that Crown Prince Mohammed bin Salman, et al. would have interest in creating action/participant sports events, promoting tourism, etc. And these would be cheap and effective markets for this purpose. . . It all does line up: money gets laundered, Pecker gets ass saved, Saudi’s get backdoor to Trump administration, and a bunch of cheap sports/travel media properties run influence campaigns.

Is this really why American Media had interest in a few small circ. action sporting brands? Click the link to read the rest of the story.

[Link: The New York Times]

{ 0 comments }

Bezos Accuses Pecker Of Dick Pic Blackmail

by The Editors on February 7, 2019

In a story posted on Medium today (February 7, 2019), Amazon CEO Jeff Bezos claims that Surfer Magazine, Transworld Snowboarding, and Transworld Skateboarding’s new parent company American Media (through its tabloid The National Enquirer) has threatened to publish photos of Mr. Bezos’ penis “as well as nine other images” if Mr. Bezos didn’t call the Washington Post off its investigation of American Media CEO David Pecker’s relationship with Donald Trump, according to a story on the Huffington Post.

Here’s a little of what Mr. Bezos is claiming:

I was made an offer I couldn’t refuse. Or at least that’s what the top people at the National Enquirer thought. I’m glad they thought that, because it emboldened them to put it all in writing. Rather than capitulate to extortion and blackmail, I’ve decided to publish exactly what they sent me, despite the personal cost and embarrassment they threaten. . . They said they had more of my text messages and photos that they would publish if we didn’t stop our investigation.

Usually these stories that have nothing to do with skateboarding, snowboarding, or surfing would be well outside our “lane.” But last week’s sale brings it all home to our world. Think about it? This suggests that those left at what once was TEN are now in a not-so-roundabout way working for the Trump Administration, forcing action sports marketing people to ask themselves, “Do we really want to support Donald Trump by spending advertising and marketing dollars with American Media in light of all this?”

We can say this: if this is how American Media does business, then the people who had their jobs eliminated last week are the lucky ones.

February 8, 2019 Updates:

Jeff Bezos’ investigator suspects ‘a government agency’ intercepted Amazon CEO’s text messages
Could the National Enquirer—Bezos scandal end AMI’s federal plea deal?

[Link: The Huffington Post]

{ 0 comments }