After 40 years of covering the motorcycle industry, weekly magazine Cycle News ceased publishing nearly three months ago, survived only its website. It looks like the brand will live on though, as Cycle News has been acquired by the Motorsport Aftermarket Group (MAG), the owner of such brands like Vance & Hines, Renthal, and Performance Machine. MAG will now own and operate the cyclenews.com site, and will bring back former editor Paul Carruthers, who left Cycle News right before it stopped publication. MAG plans on focusing with an online publication strategy, with the possibility of a print edition coming out at some later time.
UPDATE: Cycle News has indeed closed its business doors.
Rumors are rife that Cycle News has closed it’s doors after nearly 50 years of motorcycle print publishing. Once the pinnacle publication of the industry, Cycle News has slowly seen its readership get eaten up by conglomerate driven publications like Cycle World, Motorcyclist, and Sport Rider…and of course web-based motorcycle news sites like yours truly. As Superbike Planet’s Dean Adams puts it, “if true, this is truly the end of an era for the motorcycle publishing industry,” we couldn’t agree more.
Carmichael Lynch, the ad agency behind Harley-Davidson’s “Screw it, Let’s Ride” campaign, has just announced that it will be parting ways with the Milwaukee motorcycle manufacturer. In a pair of “it’s not you, it’s me” press releases, the two companies, which have partnered together for the past 31 years, cite different reasons for their mutual departures.
Harley-Davidson CMO Mark-Hans Richer said in the company’s statement that, “our strategies have been moving away from a singular consumer target and a one-size-fits-all agency solution. Rather than accept this new reality, Carmichael Lynch chose a different path and we respect that.” Meanwhile according to Advertising Age, President of Carmichael Lynch Doug Spong said that, “Our agency leadership came to the consensus that we’ve taken the Harley-Davidson brand as far as we can. It’s in our best interest to part ways.”
The British GP was the first full GP weekend without The Doctor present to charm the television with his media moxie (did we mention his crash was “worth” $8 million?), and as such we get our first glimpse into what the repercussions are for MotoGP with Rossi out of commission. Checking TV viewership, MotoGP’s stop at Silverstone saw a 20% decline in total viewership when compared to the last two GP’s at Jerez and Le Mans. The result is that advertisers in some markets are asking the local stations that cover MotoGP to readjust there viewership claims and media rates to account for the loss of audience.
There’s no doubt that Valentino Rossi’s injury at Mugello not only left a hole at Fiat-Yamaha garage, but also created a noticeable void for MotoGP racing as a whole. Perhaps one of the greatest GP racers of all-time, Rossi rarely crashes, and has never been injured so extensively before in his career. And for all the parties involved this incident, it is an untimely disaster that has financial repercussions.
But as the old marketing maxim goes, any press is good press, and with all the coverage that’s surrounded Rossi’s crash, a sizeable amount of “buzz” and media attention has been garnered for the associated parties. What is all that media attention worth? According to internet market research firm eXtrapola, just over 8 million in US dollars (over €6.5 million).
Editor’s Note: This guest post by David Emmett was originally posted on his site MotoMatters under the title of “Editor’s Blog: Old And New – How Media Is Changing”. We thought Emmett was so on-point with his assessment of the use of the internet and social media in motorcycle racing, and the industry as a whole, that we asked him to reproduce his post here on Asphalt & Rubber. To put his post in complete context, Emmett just finished working this weekend as Fiat-Yamaha’s live blogger during the Qatar GP, where he wrote, tweeted, and hustled his way around the MotoGP paddock as the only online journalist with a permanent Dorna press pass. For more of an account of his time in Qatar, and for all your other racing news needs, you should visit his site at MotoMatters.com (after first reading Asphalt & Rubber first of course).
The comment that I have probably received most since I started this blog was “I want your job!” And frankly, I have to pinch myself to see if this is still all really happening, so it is a sentiment I can completely understand. Being allowed to work in the MotoGP paddock and up in the press room feels like a genuine privilege, and being surrounded with people who share the same passion is truly remarkable.
I often wonder at how this all came about. Just over four years ago, I posted a season preview on the Adventure Rider motorcycle forum, and now, I learned today, I am the first journalist from an online publication ever to receive a permanent pass from Dorna. In the intervening years I have worked hard both to keep learning as much as I can about racing, and communicate my passion for the sport to a wider audience. It has cost me blood, sweat, tears, and more money than I like to think about, but all these would have been to no avail if it wasn’t for one factor: The Internet.