Sunday, 25 October 2015

Overview of the Magazine Industry

Image result for magazinesThe magazine industry is massive, the latest magazine market dates show that there was a retail copy sale of 151m, 210 new magazines where launched and a retail sale value of £282m.

Some of the top 100 magazines are TV Choice, What's on TV, Take a Break. Many in the top ten are TV and Radio magazines this is due to how many people own a TV and Radio and use to it daily. The more the population own/like something the more they will invest in that magazine. The top sold music magazine based in the UK is Q. Q calls itself 'the worlds greatest magazine' and that is difficult to argue based in the UK. The second it Rolling Stone a US rock music magazine and number 9 is NME. Media magazines have decreased the amount of money the publishing of magazines make per a week. The average UK household weekly spend 0.4 percent of there proportional income in 2008. In 2013 the average UK household weekly now spend 0.31 percent of there proportional income. House holds spend a lot more weekly of there income on on-line magazines with a 0.46 percentage.

Advertisement is worth a lot of money when it comes to magazines the more poplar a magazine is the more big company's will be willing to spend on advertisement. As more and more magazines are making media format of there produced there are more chances for company to get there products advertised. But many company's have over opportunity's to get there products advertised form TV adverts to cinema adverts. The magazine revenue in advertisment was 3.1% (437m) in 2015.

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