{"id":180040,"date":"2021-02-16T22:41:26","date_gmt":"2021-02-16T19:41:26","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/award-winning-foodie-magazine-saveur-drops-print-edition\/"},"modified":"2021-02-16T22:41:26","modified_gmt":"2021-02-16T19:41:26","slug":"award-winning-foodie-magazine-saveur-drops-print-edition","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/award-winning-foodie-magazine-saveur-drops-print-edition\/","title":{"rendered":"#Award-winning foodie magazine Saveur drops print edition"},"content":{"rendered":"

“#Award-winning foodie magazine Saveur drops print edition<\/strong>”
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Award-winning foodie title Saveur is going all-digital under its new private equity owner 27 years after launching to critical acclaim.<\/p>\n

The food and recipe title was sold in October by Bonnier to North Equity as part of a package of magazines, including Field & Stream, Outdoor Life and Popular Science<\/a>. <\/p>\n

North Equity has been buying up distressed print titles, often converting them to all-digital platforms. It also recently purchased decorating mag Domino and also owns bobvila.com.<\/p>\n

The private equity firm also sold Saveur\u2019s subscript<\/a>ion list to Meredith for an undisclosed amount. <\/p>\n

\u201cPer the terms, Saveur\u2019s subscribers will be receiving Food & Wine or Magnolia Journal,\u201d said a North Equity spokeswoman. <\/p>\n

The spokeswoman said Saveur could still appear in print sporadically, including via one-off special issues. And it plans to publish a cookbook this fall.\u00a0There were no layoffs associated with the latest move, she said. <\/p>\n

That may be because staffers were laid off leading up to the acquisition. Sarah Gray Miller, who was editor-in-chief at the time of the sale, said her last day on the job was Nov. 13, or roughly five weeks after the Oct. 6 sale agreement was announced. <\/p>\n

\u201cI worked for Bonnier only, never North Equity,\u201d she said. <\/p>\n

Bonnier, a privately owned European publishing giant, had been on a mission at the time to exit its US holdings, although it later reversed course and decided to hang onto its US boating titles.<\/p>\n

Saveur was founded by S. Christopher Meigher, a one-time top executive at Time Inc. who had hatched the then-groundbreaking idea of relying more on subscription revenue from dedicated readers rather than on ad revenue, which had long been the custom for most magazines. <\/p>\n

In 1997, within three years of the magazine\u2019s launch, editor Dorothy Kalins snagged a National Magazine Award.<\/p>\n

Meigher, who currently runs Quest Media<\/a>, said the magazine was throwing off positive cash flow 20 months after its launch.<\/p>\n

Some of that, he said, had to do with the mag\u2019s former publisher Joe Armstrong positioning Saveur into a luxury magazine, which resulted in \u201chigh end blue chip advertisers flocked to our pages.\u201d<\/p>\n

\u201cPretty remarkable back then, and almost 50 percent of the revenue came from the readers\/subscriptions,\u201d Meigher said. \u201cWith such strong support you have to ask: why can\u2019t\u00a0Saveur\u00a0exist in print, as so many well focused and targeted print titles still do?\u201d<\/p>\n

He blamed subsequent owners who curtailed the mag\u2019s test kitchen and cut travel<\/a> by writers to the far corners of the globe. <\/p>\n

\u201cThe magazine has been diluted in quality and image by subsequent owners who didn\u2019t embrace its original (and profitable!) mission, but its demise in print is as unnecessary as it is unwarranted,\u201d said Meigher. <\/p>\n

\u201cSaveur\u2019s current editorial operations are managed by executive editor Kat Craddock, digital director Erin Scottberg and general<\/a> manager Tracy Cho,\u201d said a North Equity spokeswoman. \u201cWe are in the process of growing our team of contributors and editors that will allow us to expand our coverage.\u201d\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Award-winning foodie magazine Saveur drops print edition” Award-winning foodie title Saveur is going all-digital under its new private equity owner 27 years after launching to critical acclaim. The food and recipe title was sold in October by Bonnier to North Equity as part of a package of magazines, including Field & Stream, Outdoor Life and…<\/p>\n","protected":false},"author":1,"featured_media":180041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/02\/saveur-magazine-online.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[93546,70509,4934,4935],"class_list":["post-180040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-2-16-21","tag-food","tag-magazines","tag-media-ink"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/180040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=180040"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/180040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/180041"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=180040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=180040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=180040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}