The news that PC Magazine is ending its print edition came
as no surprise, but I couldn’t help feeling a little bit sad about another sign of the obsolescence of a medium. For three years, I was responsible for getting the magazine out on
time, and what a monster it was to produce. When Bill Ziff hired me as the Editor
of PC Mag in 1991, “Mag”, as it was simply known at Ziff-Davis, was at the top
of the publishing heap. Circulation was 800,000 and would grow to 1.2 million; the magazine came
out 23 times a year and the average issue was over 400 pages thick. The magazine brought in more than $200 million
in revenue and an annual profit north of $40 million.
The biweekly copy really did hit your desk with a “thump”
and I suspected it contributed to more than a few hernias among postal
carriers. We were in the midst of the PC boom. The PC makers fueled PC Mag’s
prosperity: we ran multiple-page ads in every issue from Northgate, Swan, and a
dozen other companies that exist now only in memory. Companies like Dell and Gateway were
experimenting with an innovative approach to sales, bypassing dealers and
selling directly to consumers. Of course, in an age before the Web, “direct”
meant making a phone call to an 800 number.
Windows was still evolving and Microsoft was not yet
dominant. A lot of people used DOS because Windows was so slow or their
software didn’t run on Windows. When we did a review of word-processing
programs, there were 17 products to test. When we reviewed modems, 100
manufacturers submitted products. Testing all 100 and making sure each modem could
connect to every other modem in the review cost us $200,000. Our desktop PC
reviews routinely included 50 or more products.The annual printer issue included at least 100 models (see photo).
PC Mag’s enormous clout was built on transparency. The
editors had created a testing process that was completely clear and objective. Our reviews
often ran 40 to 50 pages, and included endless tables and charts of test results
that readers could (and did) peruse. We explained the criteria that led to our
coveted Editor’s Choice designation, a logo that could turn a company into an
overnight success. We were blunt about products that failed to meet our
expectations.
A bad review could scuttle a company, and occasionally resulted in a
lawsuit. One maker of memory management
software (necessary when the amount of RAM in a PC was 64K or 128K) filed suit,
accusing our reviewer of failing to understand the technology. That turned out
to be bad strategy: the reviewer was a
rocket scientist: a theoretical physicist at the Jet Propulsion Labs who kept
meticulous notes. A judge soon threw out the suit, but the company eventually
went out of business.
Our editorial policy was to review every product that fit
our criteria. I saw signs that this strategy was losing its justification. After
reviewing the exorbitant cost of the modem review, I sent a note to the publisher
pointing out that just a half-dozen of the units had 90 percent of the market.
Yet we spent 90 percent of our money on products that almost nobody bought. I
suggested focusing on the products with the biggest market share. There was a
quick reprimand from the publisher: we will review EVERY product.
Mag could afford such a grand mission. One colleague, who,
like me, had come to Ziff from mainstream publishing, marveled at the steady flood
of ads. “They don’t sell ads here,” he said. “They take orders.” No one
believed the gush would end. After a particularly good year, we took the entire
editorial staff of 110, plus significant others and children, to Saint Lucia
for an all-expenses-paid four-day retreat.
I remained a subscriber long after I moved on. I was a techie before I went to
Mag, and I remained an avid reader, especially when shopping for a new product.
But as the tech industry consolidated, so did the ads. In its bankruptcy filing
earlier this year, Ziff indicated revenues had dropped from $210 million in
2001 (for all its publications) to $40 million in 2007. There were other reasons. Much as we
complained about Windows, it standardized computing and turned much hardware
into commodities. You no longer needed a magazine to tell you how to make
something work. More than other sectors, technology ads have shifted quickly to
the Web, with its instant metrics and measureable effectiveness.
The editors at PC Mag tried valiantly to adjust to the shifting realities; they
wrote about auto tech, about cameras, and even home theater systems. Like
other magazines, the company soon saw that print and distribution costs
exceeded revenue. So even with a circulation of 600,000, PC Mag will soon stop
cutting down trees and exist only on the Web that destroyed its original
business.