Economist nears the limit of an old growth theory

Editor John Micklethwait departs on a high. But print circulation may never be so high - nor fortunes quite so serene – againYou used to judge successful editors by a simple test. How many copies did they sell on day one, and how many on their last day in the chair? Plus, of course, parallel profit-and-loss figures. Today, the swirl of digital change makes everything more difficult. But put John Micklethwait’s nine years on top of the Economist to the ancestral test.In 2006, when he took over, the Economist had a circulation of 1.1m and operating profit of £28m. This month, as his successor – Zanny Minton Beddoes, the magazine’s brilliant business affairs editor – picks up the baton, the figure is 1.6m, with an operating profit of £59m. Micklethwait – heading now to New York as editorial boss of Bloomberg News – isn’t the only Economist editor to leave on a high. To the contrary, the build has been steady, and remarkable, for decades: a true British triumph of judgment and style. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-01-25 00:00:00 UTC ]
News tagged with: #print circulation #operating profit #bloomberg news

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[ The Bookseller | 2015-12-19 00:00:00 UTC ]
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The Highest-Growth Revenue Streams for Magazine Media in 2015

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[ Folio Magazine | 2015-12-18 00:00:00 UTC ]
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[ Folio Magazine | 2015-12-16 00:00:00 UTC ]
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2015 market growth underpinned by colouring, courgettes and YouTubers

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[ The Bookseller | 2015-12-14 00:00:00 UTC ]
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Economist appoints Tessa Jowell to board as Google's Eric Schmidt departs

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[ The Guardian | 2015-12-10 00:00:00 UTC ]
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J.K. Rowling: Lord Voldemort 'nowhere near as bad' as Donald Trump

Republican presidential candidate Donald Trump has received his share of celebrity endorsements, with stars such as Mike Tyson and Dennis Rodman backing the controversial billionaire. "Harry Potter" author J.K. Rowling, however, is decidedly not a member of Trump's fan club. The Scottish writer... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-12-09 00:00:00 UTC ]
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WHS boss Clarke gets 56% pay rise to nearly £4m

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[ The Bookseller | 2015-12-08 00:00:00 UTC ]
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[ Publishing Perspectives | 2015-12-02 00:00:00 UTC ]
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New York City Indie Bluestockings Nears Funding Goal

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[ Publishers Weekly | 2015-10-29 00:00:00 UTC ]
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Forget Short Attention Spans, The Economist is Going Long on Digital Video

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[ Editor & Publisher | 2015-10-28 00:00:00 UTC ]
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Publishers' New Old-Fashioned Newsletter Growth Hack: Contests

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[ Editor & Publisher | 2015-10-20 00:00:00 UTC ]
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[ Digiday | 2015-10-20 00:00:00 UTC ]
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[ Publishers Weekly | 2015-10-15 00:00:00 UTC ]
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[ Publishers Weekly | 2015-09-01 00:00:00 UTC ]
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[ Los Angeles Times | 2015-09-01 00:00:00 UTC ]
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[ The Guardian | 2015-08-13 00:00:00 UTC ]
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[ Engadget | 2015-08-13 00:00:00 UTC ]
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Pearson sells Economist Group stake

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[ BBC News | 2015-08-12 00:00:00 UTC ]
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[ The Guardian | 2015-08-12 00:00:00 UTC ]
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