Enough with the pssts about the industry’s trade magazines. I like dishing as much as the next yenta, but I really don’t know what the purchase of Nation’s Restaurant News by the parent of Restaurant Hospitality is going to mean for the titles.
Yes, I worked at the former—twice, in fact—for a total of 11 years, and I’ve competed with the buyer since 1981. But the executives at Penton Media haven’t called to spell out their strategy.
Suffice it to say you only buy something in hopes of generating additional profit. Having two staffs produce separate magazines on two frequencies for overlapping audiences and advertisers doesn’t sound like a surefire means to that end.
Less puzzling is what’s happening at the other title in the field, since I’m personally involved now. As of Monday, I’ve rejoined Restaurant Business, where I served as Editor in Chief for 10 years, as Editor At Large. I’ll also be deeply involved with the publication’s popular event, the Restaurant Leadership Conference, and its website, MonkeyDish.com.
I’ll be working again with Susan Vincer, my friend and former colleague from Restaurant News (she managed the business aspects of the title’s website, and I was responsible for the editorial content).
Best of all, our new employer is going against the tide. Instead of cutting positions, it’s adding us. We’ll be joining a team of veterans that includes Scott Allmendinger, Sam Smith and Bill Anderson. Our rookie is Sam, RB’s editor, with a mere five years in the foodservice media. Most of us can measure our tenure in decades.
So how’re all these developments going to change the competition in the field?