San Diego Superior Court officials open decades-old time capsule Categories: Local San Diego News FacebookTwitter 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsThe San Diego Superior Court took a look back at life in San Diego 56 years ago. Superior Court officials opened a long-sealed time capsule from December 1961.The metal container was placed in the cornerstone of the now-vacated county courthouse untouched until now.Inside the capsule were court documents and newspapers announcing John Glenn’s trip to the moon.There were also congratulatory letters from past presidents to the new courthouse.The contents of the time capsule will be added to the San Diego History Center’s collections over at Balboa Park KUSI Newsroom May 18, 2018 KUSI Newsroom, Posted: May 18, 2018
KUSI Newsroom Updated: 11:24 PM 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsCity Councilmember Chris Cate took a strong lead Tuesday night in the race for District 6.Preliminary numbers in San Diego County showed him taking a 61% lead over Tommy Hough at 15%.KUSI caught up with Councilmember Cate at Golden Hall. Posted: June 5, 2018 June 5, 2018 KUSI Newsroom, City Councilmember Chris Cate takes a strong lead in District 6 race Categories: Local San Diego News, Politics Tags: Decision 2018 FacebookTwitter
The American Soybean Association (ASA) is offering growers information about the domestic and foreign demand for both biotech and non-biotech soybeans to help them make seed and planting decisions for the 2000 crop year. In its latest effort, the ASA is distributing a printed guide titled, “Planting Decision 2000,” which will be mailed to more than a quarter-million soybean producers this month. The information is also available to the public on ASA’s web site at www.amsoy.org/library.htm.”One of the most frequently asked questions farmers ask is what seed varieties they should plant in view of the current controversy surrounding biotechnology,” said ASA President Marc Curtis, a soybean producer from Leland, Miss. “Understanding the current factors influencing demand for both biotech and non-biotech soybean varieties will help all of us make sound decisions.”In recent months the ASA conducted a series of town hall planting seminars around the country that were well attended by growers. ASA also will host an international identity preservation (IP) conference this month in Saint Louis.”We want farmers to be aware that there are some customers buying identity preserved, non-biotech supplies of soybeans, and that opportunities for premiums for non-biotech IP production do exist,” Curtis said. “However, we also want farmers to know that the demand for non-biotech soybeans currently represents a small fraction of the total demand for U.S. soy products. When making their seed and planting decisions we are advising producers to weigh these facts, to talk with their local buyers, and to compare the total cost and benefits of their seed and herbicide selections on a field by field basis for both biotech and non-biotech varieties.”Biotech soybean seedstock became available commercially in 1996, when U.S. farmers planted about 1 million acres of biotech varieties, which represented less than two percent of the total soybean acres planted that year. In 1997, planted acres of biotech soybeans increased to nearly 10 million acres, or about 14 percent of the total soy acres planted. By 1998, biotech seedstock acres increased to 25 million acres, representing about 34 percent of the total soy planting.Last year in 1999, approximately 38 million acres or 54 percent of total U.S. soy acres were planted to biotech seedstock. The soybeans grown from these biotech varieties have been approved for planting in the U.S., are approved for domestic consumption, and have been approved for importation into all major international markets by government regulators in those foreign countries.”The ASA is a strong advocate of agricultural biotechnology as a tool that can help farmers produce safer, more nutritious food more efficiently and more abundantly,” Curtis said. “However, ASA must take off its advocacy hat to provide soybean farmers with information that is as accurate and as balanced as possible to help them make their seed and planting decisions for 2000.”
Battle Ground police on Monday arrested a 17-year-old boy who allegedly broke into several homes during the past week.The boy, whose name was not released, was taken to the Clark County detention center on suspicion of burglary and possessing stolen property, a dangerous weapon and drug paraphernalia, according to a bulletin from the Battle Ground Police Department.The burglaries, on the northeast side of the city, totaled 10. Citizen tips led officers and detectives to the suspect, who ran off when police approached him but was caught.Those with more information are asked to call Sgt. Jason Perdue at 360-342-5241.John Branton: 360-735-4513 or email@example.com.
SALEM, Ore. (AP) — Convicted Oregon child killer Diane Downs says she won’t participate in a parole hearing set for Friday. An Oregon parole board official says the hearing will take place with or without her.Downs made the same threat in 2008 when she was first eligible for release, but then took part.This hearing will take place in Salem, but Downs can testify via video from Chowchilla, Calif., where she is imprisoned at the Valley State Prison for Women.The Oregonian says Downs has written two recent letters to the board, including one Nov. 30 saying she won’t be at the hearing. In that letter, she calls for her release, saying “I’ve never resorted to violence.”Downs’ case inspired the Ann Rule book “Small Sacrifices.” Sentenced in 1984, she is serving a life sentence plus 55 years for killing her 7-year-old daughter and severely wounding her 8-year-old daughter and 3-year-old son.Information from: The Oregonian, http://www.oregonlive.com
Nautilus Inc., the Vancouver-based manufacturer of fitness equipment, unveiled several new products today, including three under its Bowflex brand and others under its Schwinn label.“These products are inspired by our consumer insights and truly represent our focus on creating new and innovative designs with features and functionality, making it even easier for our consumers to reach their fitness goals,” Bruce Cazenave, CEO Nautilus, said in a news release.Here are the new products:o Bowflex MAX Trainer, a full-body cardio machine the company says “engages the upper body 80 percent more than a traditional elliptical and is easier on the joints than running on a treadmill.”o Bowflex Boost, a band that tracks calories, steps and distance on a 24-hour basis. o Bowflex SelectTech mobile app, which “delivers an interactive weight-training experience complete with custom Bowflex workouts,” the company said.o Schwinn Cardio Series, including new upright and recumbent exercise bikes and ellipticals at multiple price points. Features of these new products include 29 motivational workout programs and the ability to measure results and upload them to the SchwinnConnect website.Nautilus’ stock, which trades as NLS, closed up 44 cents today, at $7.10 per share. The company’s shares have traded between $2.42 and $9.87 in the past 52 weeks.
SEATTLE — Competition is growing in Washington’s health insurance market.Four more companies want to join the state’s health insurance exchange, and one has applied to sell health insurance in the individual market outside the state-run exchange, the state insurance commissioner announced earlier this week.If the companies’ applications are successful, residents of every Washington county will have at least one more choice for health insurance when enrollment opens again in November. The state also would be able to open its promised statewide insurance marketplace for small businesses if a proposal by Moda Health Plan Inc. is approved.Washington consumers will benefit from the increased competition, state Insurance Commissioner Mike Kreidler said.“I expect that we’ll have even more robust markets inside and outside of the exchange for 2015. Increased competition is part of health care reform, and that’s what we are seeing,” Kreidler said.Eight companies currently sell health insurance through Washington’s health exchange, but residents of some counties had only one choice of insurance company during the first open enrollment period that ended in March.The companies that want to join the exchange are: Columbia United Providers, Health Alliance Northwest Health Plan, Inc., UnitedHealthcare of Washington Inc. and Moda.
o Address: 6511 N.E. 18th St., Vancouver.o Staff: 39 paid, plus many volunteers.o People served: 5,000 is a “very rough estimate,” Executive Director Mike Piper said.o Budget: $416,000 in 2013; that’s a huge drop from previous budgets that were well over $1 million.o On the Web.o Call: 360-254-1562.Mike Piper’s first labor as the new executive director of the Arc of Southwest Washington, early in 2013, was overwhelmingly symbolic: there were burst pipes in the women’s restroom. Who’s our maintenance guy? You are, he was told. So there he was on day one, in the bathroom with mop and bucket, cleaning up the mess.That’s been Piper’s challenge ever since, he said: digging the beloved, historic and deeply hobbled human service agency — which has been serving people with intellectual and developmental disabilities since the early 20th century — out from under a mountain of debt, legal troubles and a widespread lack of faith that the Arc could ever be what it used to be. The Arc of Southwest Washington won’t be what it used to be, Piper and other officials said. Today’s Arc is a smaller, lower-to-the-ground agency that has sacrificed its professional, therapeutic PRIDE for Children program — what many saw as the Arc’s flagship program — in favor of strategic partnerships with other local agencies and a strengthened culture of grass roots peer-to-peer and parent-to-parent supports.“We won’t be going back to the clinical model,” Piper said.Surplus space in the Arc’s headquarters at 6511 N.E. 18th St. is allowing the agency to provide affordable “incubation space” for smaller, like-minded startups and grass-roots groups, Piper said. If they’ve got cash flow, he said, they’re asked to pay a nominal rent; if they don’t, they don’t.Even better, pricey new telemarketing software has paid off, he said, hoisting fundraising efforts to the point where the similarly struggling sister Arc of Multnomah-Clackamas contracted with the Arc of Southwest Washington for a successful two-week test run earlier this summer, and offered to share its professional programs in return. While those discussions are underway, Piper said he is reluctant to take on anything new and ambitious.
TULALIP — A memorial service for the 15-year-old gunman in a deadly Washington state school shooting was held Thursday on the Tulalip Indian reservation.Jaylen Fryberg, a homecoming prince who was from a prominent tribal family, was remembered during a crowded ceremony at a recreation center on the reservation north of Seattle.Tribal police and others wore arm bands that read “In Loving Memory” of Fryberg. Inside the recreation center, a gym was filled with hundreds of mourners. There were photos of Fryberg, and tribal members chanted and played drums.On Friday, Fryberg pulled out a handgun in the school cafeteria and started shooting.The victims were Zoe R. Galasso, 14, who died at the scene; Gia Soriano, 14, who died at a hospital Sunday night; Shaylee Chuckulnaskit, 14, who is in critical condition; and Fryberg’s cousins, Nate Hatch, 14, and Andrew Fryberg, 15. Andrew Fryberg is in critical condition, while Hatch is having surgery to repair his jaw. He’s listed in satisfactory condition.The Daily Herald reports the funeral for Galasso is set for this weekend. There was no word on a service for Soriano.Meanwhile, officials say the investigation into the shooting will be lengthy to ensure any information released is accurate.Snohomish County Prosecutor Mark Roe met with detectives Tuesday and said they need to be given time for a painstaking investigation.
When the flood-stage Columbia River ate into its northern bank near Tidewater Cove three years ago, the sandy slope went down smoothly. The river will have to work harder if it returns for a second helping of the foundation for Vancouver’s popular Waterfront Renaissance Trail.In January, when the public will once again have full access to the 5-mile-long trail, users will notice the slope near Tidewater Cove has a distinctly different look than the one that washed away.The shoreline curves in and out, creating five sandbars to mimic a sixth natural one, and has been enhanced with large protruding Douglas fir root clumps fronted by 25-foot Douglas fir logs, which serve as piles, pounded about 16 feet deep.The large, woody material provides a few advantages over just adding rock, said Charles Fell, a senior civil engineer in the city’s public works department. “The root clumps slow and dissipate the flow of the river, decreasing the amount of erosion that occurs,” he said. “The relatively calmer water around the root clumps also provides habitat for migratory fish.”
Wanted: tolerant landlords and eager advocates who recognize that there really is an affordable housing crisis underway in Clark County.A panel of local experts and an audience of about 150 concerned residents got together Wednesday night at the First United Methodist Church on Vancouver’s Main Street to discuss the lack of affordable housing locally. The conversation was free-wheeling, wide-ranging and passionate, but the overall result was a feeling that people are coming together to get something done. Suggestions included the building of inexpensive — and trendy — “tiny homes” for the homeless; the faith community opening up private rooms in private homes; and laws and rules to promote the construction of affordable housing and protect residents from rising rents and short-term notices to vacate.“Our housing market is broken right now,” said Andy Silver, the executive director of the nonprofit Council for the Homeless. Incomes do not match up with the costs of renting apartments, he said, nor with developers’ incentives to build more. Landlords are in the market to make money, he emphasized, which can mean buying and selling properties and raising rents with little warning to residents.The Rev. Dave Tinney organized the forum in response to what’s been happening at the nearby Courtyard Village Apartments. That’s a large complex that’s been in the news since December, when its new owner started notifying residents, in monthly waves, that they would have to leave or reapply for tenancy. Renovations are underway and rents will be rising, according to new owner Metropolitan Land Group of Beaverton, Ore., and new property manager Madrona Ridge Residential.The Vancouver community has responded with concern and donations to an emergency fund, administered by the Council for the Homeless, that’s already helped some Courtyard Village residents pay the ancillary expenses of moving into new apartments. But many observers — not to mention the tenants themselves — are also condemning the tight timeline and its effect on hundreds of low-income people with few resources and big barriers to finding another place to live.
Load More RelatedPosts Osaka approves Yumeshima site for commercial development in latest IR move Suncity Group looking to develop new resort hotel in Okinawa, Japan after US$10 million land purchase Japan’s experience in the regulation and utilization of cryptocurrencies and willingness to embrace new technologies could provide it with a significant competitive advantage against regional peers when their use becomes more widespread, including within the region’s casinos and integrated resorts.The issue of proper utilization of cryptocurrencies was highlighted during a panel session titled “Spotlight on blockchain and crypto regulation in Asia” during iGaming Asia Congress at Studio City, Macau on Wednesday. Suncity Group, Bloomberry Resorts unveil Wakayama IR visions While many nations remain unsure how to proceed when it comes to the regulation of cryptocurrency, Japan’s Financial Services Agency has been issuing licenses to cryptocurrency exchanges for more than a year now with 16 exchanges currently licensed. That’s despite the high profile Mt Gox case which saw 850,000 bitcoins worth around US$450 million at the time stolen from the Tokyo-based exchange in 2014.“Japan is heading in a very, very good direction right now,” said panelist Bryan Wu, Co-Founder of Bitwork Asia, who noted there remains a “big population acceptance” of crypturrency in Japan despite Mt Gox and other scandals.Such broad acceptance could be key to the broader use of cryptocurrencies as a payment method in Japan’s IRs.For Jose Alvares, founding partner of CA Lawyers, this experience “shows something very interesting – that Japan is willing to learn from their mistakes. When you invest in new ventures, when you are developing new ventures, you’re bound to make mistakes, you’re bound to suffer losses but they’re willing to go beyond to really promote this new idea.”Alvares also called for further regulation in the sector.“I do believe we need some [more widespread] regulation,” he said. “What Japan is doing is bringing the stability components of blockchain into cryptocurrencies and that allows it to develop the markets.“If you are willing to take risks you will reap the rewards.”
NORTH MIAMI BEACH, FLA. (WSVN) – Authorities have given the all-clear after a bomb threat prompted evacuations at a Walmart in North Miami Beach.Officials said the store was evacuated as a precaution at the Northeast 163rd Street and 35th Avenue location, just before 5:30 p.m., Friday.The caller, police said, abruptly hung up after making the threat.The store was reopened after bomb-sniffing dogs searched the entire store.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
FORT LAUDERDALE, FLA. (WSVN) – Crews came to the rescue of three people and one dog who became stuck in an elevator at an apartment building in Fort Lauderdale.Fort Lauderdale Fire Rescue units responded to the scene near Southwest First Avenue and Fourth Street, at around 8:30 p.m., Friday.Due to the small space, crews requested a special technical response and waited for that team to arrive.Once all crews had responded, they were able to safely extricate everyone inside the elevator.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The most noticeable of the project is the new bridge over the East Fork of the Moose River. This almost-140-foot bridge will provide a 104- foot wide × 18-foot high opening for moose and the Kenai Lowland caribou herd, eventually replacing the small culvert and very high road bed that currently exists there, according to the refuge. In Monday night’s show, Kenai Refuge biologists visited the new Sterling Highway wildlife underpasses. The Refuge worked closely with an Alaska Department of Transportation & Public Facilities (DOT&PF) planning team to develop six underpasses for wildlife passage on this 21-mile section of the SterlingHighway. Facebook0TwitterEmailPrintFriendly分享The Kenai National Wildlife Refuge was highlighted on the show Into Alaska, on Animal Planet, Monday night. This 10-part series highlights both Kenai and Kodiak National Wildlife Refuges and their current conservation work. The other five underpasses are large culverts ranging in height from 8 feet for bears and lynx to twin culverts for moose, each 16 feet high. This latter structure anchors the west end of 1.5 miles of fencing on either side of the highway section that runs between there and the new East Fork bridge. This area is known to have a high moose-vehicle collision rate, in part because moose travel there, according to the refuge it was because of this reason the plan for the wildlife underpasses came into place.
Facebook0TwitterEmailPrintFriendly分享Homer Electric Association, Inc. (HEA) members will likely see a decrease in their monthly bills beginning July 1, if the filing with the Regulatory Commission of Alaska (RCA) is approved. HEA anticipates using more lower cost hydroelectric power from the state’s Bradley Lake hydroelectric project over the coming quarter due to an abnormally high reservoir level at this time of year, according to the release. HEA issued a release on Monday stating that a proposed decrease to the Cost of Power Adjustment (COPA) rate from $0.08153 per kilowatt hour (kWh) to $0.07157 per kWh. The average residential member who uses 550 kWh/month will see a $5.48 decrease in their monthly bill. Pending approval from the RCA, the COPA decrease will be effective for all billings beginning July 1. The COPA is adjusted on a quarterly basis and primarily reflects the cost of natural gas used to generate power for HEA members as well as purchased power.
Hanley Wood has purchased senior facilities management executive trade event the TFM Show from Tinton Falls, New Jersey-based Group C Communications. Terms of the deal were not disclosed.“This is a milestone for our company which will accelerate growth,” Group C Communications co-president Ted Coene tells FOLIO:. “The sale of the TFM Show allows the company to expand its portfolio of hosted buyer events, print, and online media and broadens our opportunity to generate new revenue sources and profit centers.”Group C Communications is a b-to-b media company that produces events and publishes magazines including Business Facilities and Today’s Facilities Manager magazines. According to Coene, the sale allows Group C to focus on its launch of an online Web TV channel and its planned launch a real estate magazine this fall. Housing and construction publisher Hanley Wood has a portfolio of b-to-b and consumer magazines including Architect, Luxury Home Design and its flagship Builder magazine. Investment bank Berkery Noyes represented Group C Communications in the deal.
When ABRY Partners decided in the middle of 2006 to take Cygnus Business Media in a new direction, putting the $120 million company under a pair of co-CEOs, it surely didn’t anticipate the angst that was to come. Cygnus—which by most accounts is close to being sold as this issue of FOLIO: goes to press—has endured as rough a stretch as a company could over the past two years. Consider:• The company—which has changed ownership three times since 1997—is one of a declining number of multiple-market print-centric b-to-b publishers, all of which are threatened by the shift of readers and marketing dollars online. • The co-CEOs, Carr Davis and Tony O’Brien, were not familiar with old-line b-to-b publishing when they were named to their post in June of 2006, having come from a much smaller, $7 million content-sales company.• In an industry where the strength of the product depends overwhelmingly on the people—their relationships and institutional knowledge—Cygnus has experienced a significant exodus of talent over the last couple of years.• The company suffered a blow to morale last September when it announced salary cuts for most employees. The cuts were mostly restored by the first of the year, but ill-will lingers. • S&P earlier this year adjusted Cygnus’ credit rating from stable to negative. S&P cited Cygnus’ limited liquidity, high debt leverage, small EBITDA base and what it calls “difficult business fundamentals.” It also called Cygnus’ margin of compliance with covenants “very thin.” A key challenge for Cygnus, according to S&P, will be refinancing $157 million in debt that’s due next year.Despite all this, Davis and O’Brien are bullish about their two-year tenure and about the future, saying they’ve taken the company through a period of necessary change that has strengthened it, especially in the area of e-media. What’s more, they point out, despite the changes, they’ve held headcount steady without resorting to the layoffs many of their peer companies have implemented. Now the company is in conversations with potential buyers, and current owner ABRY Partners is presumed to be anxious to divest the company it bought in 2000 for $275 million. A deal was said to be in the advanced stages at presstime. FOLIO: recently spoke to Davis and O’Brien about all these issues. Following are excerpts. FOLIO:: Tell us about the state of the company.Davis: Progress continues to be made in the right direction in a difficult time. In 2007, we grew interactive revenue by 60 percent. Ten percent of our overall business is now interactive, up from 4.5 percent when we took over the company. O’Brien: We want to get it higher. Davis: We focus our efforts on getting our customers the media solutions they’re asking for. The more you drive traffic to your Web sites, the more it makes it compelling to advertise. O’Brien: One of the most gratifying things we’ve done is make huge strides in pre-booking. FOLIO:: What e-products are driving growth?O’Brien: We’ve found that Webinars are a growth tool. Davis: We’ve doubled the number of Webinars that we sold in 2007—over 100 this year compared to the fifties in 2006. The growth areas we’ve seen continue to be in the interactive area. And here’s what’s really growing: An integrated package that includes print, interactive and expos. Even interactive won’t grow much without having a good print product. FOLIO:: What is the company’s overall revenue mix? Davis: Twenty percent of revenue is from expos. Ten percent is from e-media. The rest is from print and custom publishing. FOLIO:: How big do you want the interactive revenue stream to be? Davis: About 15 percent. We’re at 10 percent now and 15 percent is as good a target as any for the short term. We’d like it to be even bigger than that. FOLIO:: You’re a $120 million company. How do you project topline growth this year?Davis: We’re not discussing projections at this juncture. FOLIO:: Are you feeling the impact of a soft economy?Davis: There are going to be fluctuations. Both Tony and I feel the first half met our expectations. We continue to grow in the online area. We grew in the amount of customers who are buying interactive from us. We grew by 1,500 customers from 2006 to 2008. FOLIO:: What about the S&P report suggesting worrisome business fundamentals?Jim Ogle, Cygnus CFO: While the debt load is higher than S&P prefers, we are no different than many of our industry peers in terms of leverage multiples. Obviously, the credit environment has changed dramatically from when the company was last financed. However, we have a good relationship with our bank and ample liquidity to operate the business.FOLIO:: You say you’ve reallocated people but not reduced the company’s headcount. How?Davis: From a headcount point of view, we’re essentially the same. We have about 600 people in this company. It may not feel that way to certain people. As the captain, I have a sense of what’s going on for the whole ship. But as we’ve evolved, we needed to make investments in the interactive department. For example, we did a lot of hiring of interactive product managers—people we placed between the sales force and the technology people. And it’s interesting what skills they need: They need to be affable enough to sell and technical enough to interact with the technology people. We’ve hired about eight of them. FOLIO:: How many of the Cygnus brands are ones and twos in their markets?Davis: A majority of them. There are always exceptions of course. In certain cases, like in public safety, we totally dominate. I’m happy to say we have some franchises like that.FOLIO:: Which brands are the company’s growth leaders? Which are driving that e-media growth? Where are you looking for growth next year?Davis: Our shelter group is a leader, but we’re having a hard time in that industry this year—the whole industry is struggling. But it has been and continues to be a growth area for us. Security and certainly public safety is a growth area for us. FOLIO:: Describe the impact of your tenure as co-CEOs.Davis: It’s been an opportunity to add value to a great company. The way we do that is by continuing to focus our efforts on making all three areas grow. O’Brien: We’ve tried to build up the infrastructure in both technology and in people. FOLIO:: What have you learned along the way?Davis: The value of the business was always in the brands, and the opportunity is to build on those brands. FOLIO:: What are some of the key areas of innovation?Davis: We’ve focused on the Hispanic market as a growth area, particularly in custom marketing. Another key initiative is the ad network, BBN, which we developed with 24/7 Real Media and three other publishers—McGraw-Hill, Reed and Nielsen.FOLIO:: Last year you reorganized dramatically, eliminating a slew of senior-management positions and organizing the company around five brand directors. How has that worked?Davis: I think the results are very successful. We pre-booked more revenue in interactive for 2008 than we did in the entire year of 2006. O’Brien: While we have fewer vice presidents, we have more brand directors in the trenches. FOLIO:: One of your brand directors, Shari Dodgen, responsible for custom marketing and considered one of the company’s superstars, recently left. Why?Davis: We don’t comment on any personnel issues, but we feel that the work we are embarking on in custom marketing in the Hispanic market is something that will serve us well. FOLIO:: The blogs are filled with vitriolic comments about Cygnus. Why the extraordinary level of emotion directed at this company and at both of you?Davis: Our company and our industry are in transition. Our business is one that has to be very forward looking. Our decisions are made so we can keep Cygnus growing. It’s important to have good morale for the future. The fact that the company grew revenue by 5 percent and interactive by 60 percent bears out the decisions we’ve made. The company’s growth and future are secure.O’Brien: It’s hard to attribute motivations to people who are posting things anonymously.FOLIO:: You sued several former employees who left Cygnus to form their own company. Doesn’t that come off as bullying?Davis: Cygnus like any other company will do everything we can to protect its assets. FOLIO:: Is there anything you’d do differently?Davis: We have to acknowledge that the trade press is no longer the default position for marketing for most of our clients. The sooner you acknowledge that the more focused you can be on helping your advertisers tell their story through your products. Here’s my analogy: When you and I were growing up we all defaulted to three TV stations. Today there are 150. In b-to-b, marketers had nowhere to go but the b-to-b press. But we’re not the default anymore, because marketers can tell their own stories on their own Web sites. SIDEBAR: Cygnus Likely to Sell for Less Than What Was Paid in 2000Cygnus Business Media is in the late stages of a sale by ABRY Partners to some new owner. If the company does sell, ABRY will have divested what has become a deeply problematic investment in recent years. ABRY bought Cygnus in 2000 for $275 million and subsequently went on a campaign of 14 bolt-on acquisitions over the next several years that added tens of millions of dollars in new investments in the company and effectively raised the transaction price at which ABRY would break even on divestment. When Cygnus was pulled off the block in 2006, a source at the time said the price—reportedly about the same as ABRY paid in 2000—was not enough.Now, though, ABRY is likely to get less than that $275 million transaction price, according to a knowledgeable source. “ABRY is about an eight-times company,” the source said, meaning that the company’s perceived value is about eight-times earnings, which are reportedly about $30 million. “But no one believes Cygnus is generating $30 million on an ongoing basis. Many of their properties are understaffed. It’s more like $25 million, and eight-times that is $200 million,” the source contended. Following is a review of the add-on acquisitions Cygnus made following its acquisition by ABRY in 2000.• December 2000: Acquires Locksmith Publishing, adding two print magazines, two Web sites and a trade show.• January 2001: Acquires remaining 51 percent interest in Spencer/Cygnus Regional Print Network, a group of regional printing magazines.• June 2001: Acquires Design/Build Business magazine and Web site.• October 2001: Acquires GSE Today magazine, Web site, and trade show. • November 2001: Acquires Professional Tool & Equipment Distributor.• May 2002: Acquires Frozen Food Age and Food Logistics magazines.• June 2002: Acquires Vulcan Publications, with eight publications and their related properties in the construction and industrial markets. • August 2002: Acquires AS3, an Aviation Services and Suppliers trade show.• November 2002: Acquires The Fire-EMS Information Network, a Web portal.• January 2003: Acquires Professional Trade Shows from Penton Media, adding 25 regional industrial trade shows in 22 states serving four markets.• February 2003: Acquires the Solid Surface International Trade Show and Expo.• May 2003: Acquires Finishing & Restoration magazine.• August 2003: Acquires Asphalt Contractor magazine.• February 2004: Acquires The CONEX series of eight regional building and construction tradeshows and the New England Snow & Ice Removal Show.
George Lois, Esquire’s art director from 1962 to 1972, took a no holds barred approach to design, producing some of the most iconic covers in the history of magazines. Lois takes the same approach to interviews, telling AdAge media reporter Nat Ives how he was “embarrassed” by Esquire’s battery-powered e-ink cover, a “silly gimmick” that “cost a quarter of a million dollars, I’m told.” (Esquire’s issue touted the cover line, “The 21st Century Begins Now” with, as Lois described, “Mickey Mouse lights clicking on and off.”)Since April, the MOMA has been hosting a collection of Lois’ Esquire cover designs. During this interview, Lois said: “great covers need to have a great idea behind them.” Of Esquire’s cover, he said: “That wasn’t great; it was ridiculous.” “When will they learn?” Lois said of Esquire. “Oh lord, how long will it take for them to learn.”