As Magazines Seek New Footing During the COVID-19 Crisis, Newsstands Try to Hang On

For most publishers, the newsstand business has become ancillary. But prior to The Great Recession, America’s top 500 magazines delivered nearly 350 million copies to newsstands across the country. Times have changed, to say the least. That number now is a small fraction of what it once was, and for many magazine publishers, the newsstand accounts for less than 10% of overall revenue. The drop in newsstand sales has been precipitous and consistent, double-digit year-over-year declines have been par for the course for more than a decade. Still, there have been outliers, such as good performers at Bauer Media Group with Women’s World and First for Women, as well as Meredith’s People, along with a shrinking list of other titles that are still able to generate worthwhile revenue. But now, as COVID-19 continues to disrupt every corner of the economy, questions about the viability of the newsstand are glaring. Initially, CEO of Bauer Media Group, Steven Kotok, suggests there was a slight uptick in sales as shoppers prepared to hunker down. Likewise, Meredith Magazines president, Doug Olson, acknowledged the same trend. But both implied they don’t anticipate that being a long-term trend. “We aren’t sure,” Kotok candidly admits. “We wouldn’t be surprised if we saw some decline due to foot traffic.” With non-essential businesses remaining closed in most states, Olson recognizes what was behind the short-lived uptick. “At first there were a lot of people standing in line and... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-04-07 15:37:04 UTC ]
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American Media, Inc. Buys OK! Magazine

After a month of speculation and reports of bids from Time Inc., American Media, Inc. announces it has purchased the U.S. edition of OK! Magazine from Northern & Shell. Continue reading at Folio Magazine

[ Folio Magazine | 2011-06-23 00:00:00 UTC ]
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Global publishing back on front foot

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[ The Bookseller | 2011-06-17 00:00:00 UTC ]
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Prevention Magazine Grows a Digital Network

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[ Folio Magazine | 2011-06-16 00:00:00 UTC ]
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For a Regional Magazine, Print is Still the Main Source of Income

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[ Folio Magazine | 2011-06-16 00:00:00 UTC ]
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Larry Hackett Re-Elected President of the American Society of Magazine Editors

Larry Hackett, managing editor of People magazine, has been re-elected president of the American Society of Magazine Editors today at its annual meeting. Continue reading at Folio Magazine

[ Folio Magazine | 2011-06-08 00:00:00 UTC ]
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Apple Releases Newsstand with iOS 5

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[ Folio Magazine | 2011-06-07 00:00:00 UTC ]
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Zinio Digital Newsstand Now Available on Android Technology

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[ Folio Magazine | 2011-05-31 00:00:00 UTC ]
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Food News Media Launches Mobile Magazine, Restaurant Management

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[ Folio Magazine | 2011-05-19 00:00:00 UTC ]
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Campaigners seek answer from Ed

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[ The Bookseller | 2011-05-18 00:00:00 UTC ]
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Media Decoder: Is the iPad Just a New Way to Give Away Magazines?

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[ The New York Times | 2011-05-11 00:00:00 UTC ]
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Blackwell cuts 19 from library supply business

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[ The Bookseller | 2011-05-10 00:00:00 UTC ]
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National Geographic Wins Magazine of the Year

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[ Folio Magazine | 2011-05-10 00:00:00 UTC ]
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Conde Nast Reportedly Plans iPad Magazine Subscriptions

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[ PC World | 2011-05-09 00:00:00 UTC ]
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E-Commerce News: New York Magazine To Launch Curated Deals Newsletter in May

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[ Folio Magazine | 2011-05-03 00:00:00 UTC ]
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Regional Mag 5280 Acquires Denver Magazine

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[ Folio Magazine | 2011-04-20 00:00:00 UTC ]
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Fiction Express seeks interaction from readers for digital series

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[ The Bookseller | 2011-04-15 00:00:00 UTC ]
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[ Folio Magazine | 2011-04-11 00:00:00 UTC ]
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[ AdWeek | 2011-04-07 00:00:00 UTC ]
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Consumer Magazine Ad Pages Up 2.5 Percent from 2010’s Q1

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[ Folio Magazine | 2011-04-07 00:00:00 UTC ]
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Play.com seeking cash for European push

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[ The Bookseller | 2011-04-07 00:00:00 UTC ]
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