Rough Report for Consumer Magazines
The latest word from the Audit Bureau of Circulations doesn’t look good for print mags. The bureau reports that industry-wide newsstand sales fell over ten percent in the second half of 2008. The growth rate for subscriptions was a measly one half of a percent during the same time period.
paidContent.org reports that among the nation’s top 25 mags, hit the hardest were Reader’s Digest and Newsweek. The Digest fell 12.38 percent; shown up only by Newsweek – their paid circulation dove a whopping 13.10 percent.
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