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Tell the Beeb: U.S. Magazine Ads Are in Free Fall

May 13th, 2008 @ 5:25 pm

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Tags: U.S., Advertisement, British Broadcasting Corp., Magazine, Gender And Diversity, Human Resources, David Weir

It’s always been one of those trick questions that kids of a certain age love: “What’s black and white and read all over?” The answer, of course, is “a newspaper,” but nowadays we could drop the letter “a” from the word “read” and the joke would still make a grim kind of sense.

Blogs Sink the Magazine Industry?That newspapers are failing is no longer news, but spend a moment looking over the latest advertising page data for U.S. magazines, and ask yourself a new question: “What’s four-color, glossy, and red all over?” (There’s also a natural followup for, of all places, the BBC. More on that below.)

Let’s just parse the industry into the segments MediaWeek analyst Will Levith uses, and look at how advertising pages in magazines’ current issues compare to the same period last year:

  • Bridal Magazines (5 titles): -7.88 percent
  • Business/Finance (15): +2.68 percent
  • Entertainment/Celebrity (13): -16.02 percent
  • Enthusiast/Sports (30): -11.53 percent
  • Fashion/Beauty (13): -18.33 percent
  • Food/Epicurean (8): -18.34 percent
  • General Interest (12): -14.88 percent
  • Men’s (18): +3.96 percent
  • Newsweeklies (5): -40.32 percent
  • Parenting (11): -0.09 percent
  • Regional (3): -5.98 percent
  • Science & Tech (8): -3.58 percent
  • Shelter (23): -6.75 percent
  • Teen (6): -10.78 percent
  • Travel (6): +2.08 percent
  • Wealth (2): + 10.31 percent
  • Weekend (3): -24.92 percent
  • Women’s (15): -16.38 percent

Just in case you don’t happen to have your calculator handy, the bottom line for 196 magazines across 18 categories is a 9.14 percent drop.

We don’t want to leave you on a down note, so this, too, is just in: The BBC now plans to launch a new U.S. magazine for readers who have “a curious mind.” As part of the launch, it intends to mail out 1.5 million “promotional items,” according to the Guardian.

Dear BBC: So, I have a curious mind. My question for you is, “Why now?”

Image by Flickr user CarbonNYC, CC 2.0

David Weir is a veteran journalist who has worked at Rolling Stone, California, Mother Jones, Business 2.0, SunDance, the Stanford Social Innovation Review, MyWire, 7x7, and the Center for Investigative Reporting.

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  • interestedreader05/13/08 Report as spam
    1

    Either the BBC has endless funds or...

    they know something we don't. Wish it was the latter!

  • hotweir05/13/08 Report as spam
    2

    BBC's decision

    Despite my tone in this post, I do respect BBC enough to trust their market research that Americans are ready for a smart competitor to National Geographic. I just think the timing is bad. Other U.K. pubs, (The Economist, the Financial Times) have succeeded in the U.S. essentially due to better writing than their American counterparts. Maybe this title will succeed as well. After all, the language of both countries is "English," not "American." The old country's media maintain their advantage by utilizing language skills that have atrophieed here in the "new" world...

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David Weir

David Weir is a veteran journalist who has worked at Rolling Stone, California, Mother Jones, Business 2.0, SunDance, the Stanford Social Innovation Review, MyWire, 7x7, and the Center for Investigative Reporting, which he cofounded in 1977. He's also been a content executive at KQED, Wired Digital, Salon.com, and Excite@Home. David has published hundreds of articles and three books,including "Raising Hell: How the Center for Investigative Reporting Gets Its Story," and has been teaching journalism for... more »

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