Publishers Bullish on Talent, Tech and Growth in 2020

2020 is underway. Budgets have been established. Strategies have been mapped. And now publishers are pushing forward on what most of them tell us will be a good year for an industry that’s had its share of ups and downs over the past decade. As the sector continues to diversify and transform at a rapid pace, we felt it was important to get a quantitative and qualitative sense of where things are heading, exactly where companies are investing and what their outlook is for the overall health of their businesses this year. We began this exploration with a survey of our readership, and culled a representative sample of 182 industry professionals from various company types, including mass and niche consumer, B2B and regional publishers. This sample also included companies both with and without print magazines. Following the survey, we then reached out directly to eight company leaders, who were willing to go on the record to add context to the same survey questions we asked our anonymous respondents. In general, the data and responses we received are promising, especially for an industry that has been in a state of dwindling returns since the 2008 recession . Less than 5% of our total respondents said they expect top line revenue to decline this year. Just over a quarter (26%) expect it to remain flat, meaning more than two-thirds of the publishing community are forecasting some degree of revenue growth this year. The biggest chunk (43%) expect that growth to fall in the... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-01-30 17:09:36 UTC ]
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