138 Magazines Were Launched So Far This Year; 74 Magazines Folded

Folio is reporting some key magazine industry statistics for the first half of 2011. The good news? 138 new magazine titles have been launched this year so far, compared to only 90 in 2010, according to online periodical database MediaFinder. Let’s hope they’re all hiring!

The bad news? Seventy-four titles closed in the first half of 2011. Still, that’s less than the 86 that closed in the first half of 2010. So the magazine industry is gaining more than its losing, and already well ahead of 2010 stats so far this year.

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