Five-Year Outlook for the Magazine Industry
Posted on Tuesday, July 30, 2019 at 5:20 PM
In the news: An industry veteran examines where things stand and what
magazine publishing might look like five years from now.
In
a recent Foliomag.com piece, magazine veteran Cable Neuhaus examines
what the industry will look like in five years. Summing up the
trajectory, he writes, "Many of my favorite books will be gone, no doubt
-- lost to handheld screens or buried in unmarked graves where scores of
once-proud titles now molder. It's sad but inevitable, and no use
weeping for what's past. It's nature's cycle: eventually, all our loves
perish."
So which titles will thrive and which ones will
close their doors? It's a crap shoot, says Neuhaus, but he makes some
predictions. "Weeklies will largely disappear," he says. "Bi-monthlies,
monthlies and even quarterlies clearly make more sense in every way,
particularly given production costs.... Independent, high-concept books,
with their limited circ and issue-to-issue elasticity of format, will do
fine." On the flip side: "General interest, mass-market print books are
not exactly doomed, but -- well, yes, most are doomed."
Read
the full analysis here.
Also
Notable
How Lucrative Is Instagram for Magazine
Publishers?
Quite lucrative, reports Kali Hays of Women's
Wear Daily. Magazines in multiple categories are seeing significant
follower growth this year. According to new MPA figures, magazine
follower growth was 6.3 percent in the second quarter, reports Hays.
Perhaps most noteworthy, news magazines have seen significant jumps - as
high as 23 percent, in the case of The Atlantic -- in Instagram
followers. Elsewhere, Facebook and Twitter audiences remained largely
static. Read more here.
Mad
Magazine Stops Production of New Content
Earlier this month, Mad
magazine announced that it would stop producing new issues and will
disappear from newsstands in August, reported Rob McLean and Michelle
Lou of CNN.com. According to McLean and Lou's source, issues will be
available only via comic book stores and subscriptions..... Issues after
No. 10 of its current volume will reprint earlier material with new
covers. However, the magazine will continue to publish its end-of-year
special, books and special collections." Read more here.
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