IDG Founder and Chairman Pat McGovern Urges Magazine Publishers to Expand Globally
Boston, MA – January 26, 2005 – Pat McGovern, who built the world’s leading technology media company – International Data Group (IDG) – will emphasize the opportunity and importance of publishing overseas as he accepts the Magazine Publishers of America (MPA)’s Lifetime Achievement Award tonight in New York City. McGovern is being recognized for his four decades of significant accomplishments and contributions to the magazine industry and society. Since 1964, he has built an international IT media powerhouse that includes titles and Web sites such as Computerworld, PC World, Macworld, CIO, and Network World.
In accepting the MPA’s Henry Johnson Fisher Lifetime Achievement Award, McGovern will say: “Ninety-six percent of the world’s population is outside the U.S. and the publications market is growing more rapidly overseas than in this country.” He explains that IDG’s success is built on the philosophy of “exporting know-how, not just content.” For more than 30 years, IDG has trained local editors in how to research their readers’ needs, gather appropriate content, and present it in ways that are most attractive to the readers. “Editors and publishing executives from around the world regularly exchange best practices and learn from each other,” said McGovern, “and it’s this exchange that leads to the most innovation.”
McGovern will receive an honorarium of $10,000. Popular Science’s parent company, Time4 Media, a division of Time Inc., underwrites the award named after Henry Johnson Fisher, Founder and Chairman of the Board of Popular Science Publishing Company. McGovern donated the honorarium to the Free Library of Philadelphia where he learned his love of reading. Past recipients of the Lifetime Achievement Award include Henry Luce, Malcolm Forbes, S.I. Newhouse, Walter Annenberg, and Hugh Hefner. McGovern noted that he is “humbled to be included among the giants in the publishing industry.”
One of Pat McGovern’s, and his wife Lore Harp McGovern’s, most significant contributions to society is a $350 million donation to MIT for the McGovern Institute for Brain Research. “With a better understanding of the mind and how people interact, the media will be better able to provide information in ways that promote knowledge and understanding among people everywhere.”
International Data Group (IDG) is the world's leading technology media, research, and event company. A privately-held company with 2004 revenues of $2.46 billion, IDG publishes more than 300 magazines and newspapers including Bio-IT World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World, and PC World. The company features the largest network of technology-specific Web sites with more than 400 around the world. IDG is also a leading producer of more than 170 computer-related events worldwide including LinuxWorld Conference & ExpoR, MacWorld Conference & ExpoR, DEMOR, and IDC Directions. IDC provides global market research and advice through offices in 50 countries. Company information is available at http://www.idg.com.
About Magazine Publishers of America (MPA)
The MPA is the industry association for consumer magazines. Established in 1919, the MPA represents more than 240 domestic publishing companies with approximately 1,400 titles, more than 80 international companies and more than 100 associate service providers. Staffed by magazine industry specialists, the MPA is headquartered in New York City, with an office of government affairs in Washington, DC.
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