According to MagNet’s latest study, magazine sales have somewhat recovered from the loss of distributor Source Interlink Distribution. For 4Q 2014, single copy magazine sales from the top 15 publishers were down nine percent compared to the same period in 2013.
“Taking into consideration the service disruption that began in June, 2014 that is just now approaching full recovery, we estimate that if 2014 would have been a normal year, annual dollar sales would have been about $2.845 billion, about a 7.16% dollar decline compared to 2013,” reported MagNet.
Of the publishers analyzed, Hearst Magazines had it the worst with a 18 percent drop in single copy sales. Condé Nast followed Hearst (sales down 14 percent); with Wenner Media (-13 percent), Rodale (-12 percent) and Meredith (-10 percent) rounding out the five worst performers.
On a more positive note, AMI and Time Inc.’s 4Q sales only dropped by two and three percent, respectively.