Fewer new magazines, fewer closures this year

and Matthew Flamm - The magazine industry saw slightly fewer launches in the first quarter of 2012, compared to a year ago, but—on the positive side—there were many fewer closures, according to a survey released Monday by MediaFinder, the online database of U.S. and Canadian publications. Not surprisingly, the numbers also showed more magazines launching as digital-only titles.MediaFinder counted 43 new print titles and nine new online magazines for the quarter. A year ago, the number of launches came to 50 print and four digital. Some of the new digital titles, like American Athlete, are iPad-only, while Professional Yacht Broker is available online as a PDF. “We're going to see more and more of that,” said MediaFinder President Trish Hagood. “There's no postage or printing costs.” Restaurant-related titles comprised the top category for launches, helped by five DiningOut guides from Pearl Publishing. Lifestyle also got a boost, with four titles, including the launch of Bloomberg Pursuits and a revival of Time Inc.'s Time Style & Design. “It must be because the economy is improving,” Ms. Hagood said. “Luxury magazines are roaring back.” Only 11 print titles and one digital magazine folded during the quarter—an improvement on a year ago, when 23 print titles and one online magazine shut down. Spa and Sandra Lee Semi-Homemade were among the print titles that went out of business. In other magazine industry news, Condé Nast sold off its Fairchild Books division to... Continue reading at 'Crains New York'

[ Crains New York | 2012-04-03 00:00:00 UTC ]
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