Meredith Brings Subscriptions Back to Coastal Living, Citing “Resounding Success” on Newsstands

After what it called "resounding consumer demand and success" in Coastal Living's first year as a quarterly, newsstand-only magazine, Meredith Corp. announced Tuesday that it is once again selling subscriptions to the 22 year-old title, which it acquired through its merger with Time Inc. at the start of 2018. The news comes a little over a year after declines in print advertising led Meredith Corp. to scale back Coastal Living to a quarterly frequency, forgo a subscription-based model and pursue a more consumer-driven, newsstand-only arrangement. Meredith isn't sharing sales figures for Coastal Living since the changes, but it did report a company-wide 8.9% year-over-year increase in single-copy magazine sales during its most recent quarter, to $42.6 million. Up until the end of 2018, Coastal Living was published 10 times per year, with a rate base of 650,000. According to the last available report from the Alliance for Audited Media, reflecting the 12 months ended June 30, 2018, it had 591,225 paid print subscribers and sold an average of 19,467 copies of each issue on newsstands, at $5.99 apiece. Under the newsstand-only model, the cover price has more than doubled, to $12.99, and subscriptions will be priced at $20 for four annual issues or $30 for a two-year commitment. "With a substantial customer base that is looking for premium, high-quality niche content, Coastal Living is a good example of a consumer-driven product with what I'd call an analog paywall," said... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-11-19 18:04:17 UTC ]
News tagged with: #subscription sales #trim size #paper stock #consumer revenue #charging people #specific titles #specific brand #editorial direction

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Bloomberg Live’s New Global Chief Is Betting Big on Events

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[ AdWeek | 2017-04-04 00:00:00 UTC ]
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Penguin Living launches Paddington pop-up

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[ The Bookseller | 2017-04-04 00:00:00 UTC ]
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SpaceX successfully relaunched a Falcon 9 rocket

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[ Engadget | 2017-03-31 00:00:00 UTC ]
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The Making of 'The Twelve Lives of Samuel Hawley': Hannah Tinti Talks with Her Editor

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[ Folio Magazine | 2017-03-30 00:00:00 UTC ]
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Industry Notes: UAE Named Paris Guest of Honor 2018; Penguin’s Dohle Cites ‘Commitment to Print’

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[ The Bookseller | 2017-03-29 00:00:00 UTC ]
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How French publisher Mediapart has used political tumult to drive subscriptions

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Citizen AID app helps saves lives during a terror attack

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[ Los Angeles Times | 2017-03-17 00:00:00 UTC ]
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Twitter Is Pitching Its Live Video During Its First NewFronts Presentation

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Inked Magazine Drives Breast Cancer Awareness in Viral Facebook Live | Behind the Screens

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[ Folio Magazine | 2017-03-14 00:00:00 UTC ]
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