Radio Times seeks to fuel digital success with print profits

Radio Times, which accounts for 60% of its publisher's profits, is undergoing a transformation to woo younger readersWhile other magazine publishers chase the digital-savvy generation of under-25s Radio Times is swimming against the tide somewhat, targeting a slightly older, thirtysomething demographic with its online products. But then the average age of its print readers is 57.The weekly is the standout title in Immediate Media's 56-strong magazine portfolio, accounting for 60% of the company's total adjusted profits of £26.5m (up a quarter year-on-year), according to the most recent public financial report for the year to 31 March. "It is the jewel in the crown, a phenomenally robust brand that everyone knows and we can move that into digital services targeting the late 20s to 40s," says Tom Bureau, chief executive of Immediate Media. "We're not focusing on 16 to 24s, we think that's where social TV apps and those services are focusing their attention. We need to be laser-targeted."The venerable listings title is touted as the most profitable magazine in the UK, and Bureau could choose to milk its impressively slow decline for years ("it is very robust, very few people leave the title, we're talking mortality"). Instead it epitomises the publisher's ambition to turn its print titles into multi-platform brands. Radio Times recently invested heavily in Discover TV, an iPad app (soon on iPhone and Android) targeting 30- to 35-year-olds with Buzzfeed-style "best of"... Continue reading at 'The Guardian'

[ The Guardian | 2014-01-20 00:00:00 UTC ]
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Southern New Mexico digital marketing firm reports big growth, aims to increase national presence

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[ Silicon Valley Business Journal | 2022-01-27 23:14:12 UTC ]
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Print Units Fell 2.6% Last Week

Unit sales of print books fell 2.6% last week compared to the week ended January 23, 2021 at outlets that report to NPD BookScan. Sales have fallen every week this year though the 2.6% decline is the smallest so far. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-27 05:00:00 UTC ]
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How to watch Stephanie Land discuss "Maid" at L.A. Times Book Club

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The UK’s Sunday Times Young Writer Award Names Its 2021 Shortlist

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[ Publishing Perspectives | 2022-01-25 12:58:34 UTC ]
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Azumah Nelson and Nolan vie for Sunday Times Young Writer of the Year Award

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Young love: picture books oust children’s fiction for the first time in two decades

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Little People, Big Dreams: Children’s non-fiction posts all-time record return

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Print Unit Sales Fell 3% in Mid-January

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Legend Times moves to Macmillan Distribution

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Print Book Sales Fell 3% Last Week

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In ‘Last Resort,’ a Writer Turns a Friend’s Story Into a Smash Success

Andrew Lipstein’s entertaining debut novel mines comedy from an aspiring author’s ethically questionable path to publication. Continue reading at The New York Times

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Pearson profits set to rise 33% as Bird repositions business

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Recurrent Ventures – the next big private equity-fueled media conglomerate?

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[ Publishers Weekly | 2022-01-13 05:00:00 UTC ]
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‘Succession’ star Brian Cox spares no one — including himself — in his new memoir.

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New York Times to buy subscription sports site the Athletic for $550m

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