Private Frazer’s Doomed Magazines

July 31, 2009

Show me the money.

Filed under: consumer magazines,figures,Recession,USA — privatefraser @ 7:36 am

A slew of trading statements brings little cheer except in my wee cottage up here in windswept Barra.

Let’s start with our old pals in RBI:

  • Profits halve at Reed Elsevier: Ian Smith, the chief executive, said: “The depth and length of the downturn is having some effect on even our most resilient businesses.”

Then we have this:

  • Time Warner. Revenue fell 22 per cent on a 26 per cent decline in advertising revenue and an 18 per cent drop in subscription revenue.

And closer to home

  • Future has reported a year-on-year revenue fall of 9% in the nine months to the end of June… its circulation revenue … was down 8% and its ad revenue down 14%.
  • While at UBM: B2B operations, which have closed 43 titles since 2007, reported revenue down 22.3%, with operating profit down from £13.8m to £3.3m in the first six months of 2009

July 14, 2009

Dive, dive, dive.

Filed under: B2B magazines,figures,Recession,USA — privatefraser @ 12:25 pm
Tags: , , ,

A fab graph from Silicon Alley Insider showing the decline in ad revenue for various US business magazines:

Couple that with a report in the FT that BusinessWeek might be put on the market for just $1 and you have a range of problems for some top brands.

April 21, 2009

Don’t panic! (21/04/09)

Filed under: B2B magazines,Don't panic,figures,Recession,USA — privatefraser @ 5:14 pm

Latest from across the pond, courtesy of folio:

Slide Continues: B-to-B Ad Pages Fall 28.6% in February.  Down nearly 30% year-to-date; worst since Great Depression

Great quote from American Business Media’s President, Gordon Hughes

“We will come through this period as a stronger industry, a more creative industry, and maybe even a more dedicated industry.”

But certainly as a smaller industry, a poorer industry and an industry with fewer titles and fewer employees.

April 18, 2009

Don’t panic! (18/04/09)

Filed under: consumer magazines,Don't panic,Recession,USA — privatefraser @ 5:11 pm

Hot on the heels of grim news for US B2B publishers comes this news from the consumer side:
Consumer Mag Ad Pages Plunge 25.9%. This equates to 20.2% drop in revenue. There’s no comparable survey done in the UK of actual ad pages, but anecdotal evidence would seem to suggest that the situation for some titles over here is approaching this figure.
For those of you who struggle with percentages, this piece of analysis in Folio shows the scale of the disaster we’re currently going through: Magazines Lose $10 Billion in Revenue

April 7, 2009

Don’t Panic! (07/04/09)

Filed under: B2B magazines,Don't panic,figures,USA — privatefraser @ 6:27 pm

More great news from our American cousins (via Folio)

According to ABM’s monthly Business Information Network numbers [B2B] ad pages for January were down 27% compared to the same period last year. Revenues were down 21%. … business publishers …have seen 29 straight months of page declines and 27 months of revenue declines

March 18, 2009

Don’t panic! (18/03/09)

Filed under: Don't panic,figures,Recession,USA — privatefraser @ 1:00 pm

This from The Independent: Advertising spend collapses as economy grinds to a halt, with the choice quote:

In the last quarter alone, the newspaper industry’s ad revenues fell 18.9%, with only magazines performing worse, down 19.2%.

And news from across the Atlantic:

American Business Media today said … advertising revenue in the b-to-b space [could fall] 19 to 22% in 2009

February 24, 2009

Don’t panic! (24/02/09)

Filed under: B2B magazines,Don't panic,figures,Recession,USA — privatefraser @ 5:51 pm

News from our American cousins from Folio:

B-to-B Magazine Revenues Plummet 13.1 Percent in Fourth Quarter

I don’t know about you, but I sense things have got a whole lot worse since December.

January 14, 2009

Don’t panic! (14/01/09)

Filed under: Don't panic,figures,Recession,USA — privatefraser @ 10:26 pm

A collection of various bits of data for us all to get worried about.

Over in the US the Publishers Information Bureau reports an 11.7% drop in consumer magazine advertising pages between 2008 and 2007. The whole year was bad, but the fourth quarter showed just how fast things were declining – it was 17% down on the previous year. (From Folio with some more comment here. The most telling sub head in the article is “No Silver Lining”) (more…)

October 29, 2008

Don’t panic! (29/10/08)

Filed under: Don't panic,Recession,USA — privatefraser @ 1:21 pm
Tags:

There’s a chill wind blowing in from the West if the main stories on today’s Folio website are anything to go by: (more…)

October 15, 2008

Don’t panic! (15/10/08)

Filed under: Don't panic,Recession,USA — privatefraser @ 12:11 pm

Consumer magazine advertising pages were down 12.9 percent during the third quarter, according to Publishers Information Bureau figures released today. (From Folio🙂

Media facing ‘carnage’, warns Emily Bell (Media Guardian)

« Previous PageNext Page »

Create a free website or blog at WordPress.com.