DIGIDAY. April 28, 2017. “The future belongs to brands that are indispensable to the audiences who will pay for, and advertisers will pony up to be a part of,” said Peter Kreisky, a media consultant and onetime advisor to former Time Inc. CEO Jack Griffin. “The New Yorker is indispensable. Is Time magazine indispensable? Time Inc. was a leader because of its scale. In this multimedia universe it is no longer the scale leader, so it has to figure out how to be the leader by virtue of other factors.” Kreisky said Time Inc. would do well to look at Axel Springer as a model...“Axel Springer is still focused on its journalistic mission but with a very different portfolio than it had in the past,” Kreisky said. “It was a very courageous move to make, and it seems to be paying off.”
DIGIDAY, MARCH 20, 2017. Broadly, the advantage for a traditional publisher like Time Inc. of selling by category is that it moves away from being defined by its print legacy, said Peter Kreisky, a publishing consultant who years ago served as an adviser at Time Inc. to its former CEO Jack Griffin. “The disadvantage is that when the people on the front lines have a different set of competitors and unfamiliar value proposition, that moves away from the distinctiveness of the brand to a more amorphous value proposition based on metrics, which isn’t necessarily where they have an overwhelming advantage,” he said.
THESTREET.COM. March 9, 2017 …Toward that end, it's worth appreciating the transition that another legacy print publisher, Berlin-based Axel Springer when it sold a slew of regional newspapers and women's magazines. Peter Kreisky, a New York media consultant and former Time Inc. executive, points out that Axel Springer, once Europe's largest newspaper publisher, began selling a slew of its print publications in 2013 to raise money to buy digital pure plays, websites and apps…"Axel Springer is still focused on its journalistic mission but with a very different portfolio than it had in the past," Kreisky said in a phone interview in New York. "It was a very courageous move to make, and it seems to be paying off." "Time Inc. is a lot more today than just its print titles," Kreisky added. "But at the same time, it is joined at the hip with the fate of print."
NPR MARKETPLACE. March 8, 2017. Tronc's interest is likely based on its undertapped digital potential, says Peter Kreisky, a well-known media consultant. However, there could be a branding problem. "'US Weekly' doesn't really sound like a digital brand" when you want your celebrity news now, this instant!
CRAINS NY BUSINESS. March 1, 2017. "They're still locked into the fate of print," said Peter Kreisky, a digital publishing strategist who was a Time Inc. adviser. "Despite the fact that they've made a number of very dramatic changes, it isn't clear they've turned the corner." He added that unlike The New York Times, which has a fast-growing digital subscription business, Time Inc. is still largely dependent on advertising revenue, and its circulation revenue is dropping.
THE STREET.COM February 18, 2017. "What we're seeing in real time is the massive consolidation of the magazine industry," said Peter Kreisky, founder of Kreisky Media Consultancy. This long-term trend has accelerated due to the "economics of the industry," as print continues to lose advertising share to digital offerings dominated by Facebook (FB) and Alphabet's (GOOGL) Google, Kreisky continued. "They need to change the cost structure of these brands," he said, referring to publishers. By consolidating, magazine owners also can reduce the cost of business to "publish vibrant high-quality titles," as well as leverage each other's technology to better adapt to the digital age, Kreisky explained. It's important for them to find a home that will help them continue to produce superb content, he said. Another solution for the companies is to diversify with additional businesses, such as extending further into digital media, hosting consumer events or shows, creating apps, offering experiences and getting into e-commerce, according to both Kreisky and Phillips.
“She saw how important Snapchat was becoming for her target audience and wanted to be in the driver’s seat and not the caboose,” says Peter Kreisky, a media-industry consultant.
Glossy, December 6, 2016. “It’s been a year of transition and reinvention for print,” said Peter Kreisky of Kreisky Media Consultancy. “Historically, each title would have a full roster of people dedicated to the title, and they can’t afford to do that anymore,” he said. “They’ve realized they can share people across titles without losing their uniqueness and quality.” Companies are creating teams to work across multiple brands on generic content like horoscopes, travel stories and makeup tips, while leaving titles to differentiate themselves with photographs, narratives and the ability to identify fashion trends, he said. At the same time, publishers are reinventing themselves on social media. From Facebook Live to Instagram Stories to Snapchat Discover, publishers are experimenting with new platform features.
Digiday, December 5, 2016. “It’s really about the pitch of the playing field,” said Peter Kreisky, a media consultant, “toward those who can leverage their distribution clout to support content that they own. This is of concern to content players that are independent of distribution players.”
TheStreet: November 9, 2016. Potentially more sweeping for media companies is the notion that spending on advertising for television and print could slide if uncertainties about Trump's fiscal and trade policy destabilize the U.S. economy. "There will be a major reassessment of marketing commitments," said Peter Kreisky, a longtime consultant to media companies in New York. "There will be a great hesitancy on the part of advertisers to commit to major expenditures until they see what happens to the economy. If we head straight into a recession, clearly that will have a big impact on advertisers."