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FIGURE
HOW ONLINE SUBSCRIPTIONS
 S
 AFFECT MAGAZINE SALES




ONLINE MAGAZINE WEBSITES. HELPING OR HINDERING?
Research into online         (e.g. buying music done
sales affect on overall
sales of magazines
                             by Apple creating ITunes         “VOGUE
                             to     get      convenient
(including some music        cheaper music) and the          ONLY SOLD
magazines) shows that        online      market       for
online      subscriptions
only contribute to a
                             magazines holds no             185 COPIES
                             convenience in the eye
small amount of the          of the public, as it                OF
overall sales made.          doesn’t make it easier to
This shows that the          buy them (magazines
                                                             MAGAZINES
online     market      for
magazines      at     the
                             are     sold    in    most       ONLINE IN
                             supermarkets         which
current time is weak
and barely effects the
                             people have to go to on
                             a weekly basis anyway)
                                                                  2011”
overall sales.               and also exclude the
                                                            you just buy out of
                             convenience of reading
However, the move                                           impulse commonly in
                             magazines         as       a
from paper magazines                                        airports or train stations
                             easily, light and portable
to internet hasn’t been      item and forces the
                                                            just    as     much     as
“pushed”     upon     the    reader to have to have a
                                                            something you plan to
public yet as it has with                                   buy. Online buying and
                             laptop of electric device
other types of media                                        reading of magazines
                             of some sort to read it.
                                                            gets rid of this market

  “ONLINE                    The idea of “impulse
                             buying” is also taken into
SUBSCRIPTI                   factor with the idea of
                             online magazine reading
ONS COUNT                    and      ordering       as
 FOR LESS                    magazines
                             sometimes something
                                                    are

  THEN 1%”
                                                               Quotes from ABC.news.com
Statistics showing sales    These           statistics    million consumers each
of music magazines          continued into 2011 with      week”. However it’s
                                                          obvious to the public
comparing 2008 to           an 14.3% drop in the
                                                          eye that NME is going
2009     sales    show      beginning of 2011.            to be in trouble soon,
declines in the majority                                  with Kerrang and Metal
of companies sales for      “DISPITE DROPS,               Hammer           making
example         Kerrang        NME STILL                  recoveries (Kerrang has
(published by Bauer                                       now rose to gaining
Consumer Media) has             REACHES
                                                          4.5%) it shows NME in
declined           from
                            PEOPLE OVER 1                 a weak light.
£60,290               to
                               MILLION
£43,253,     showing a       CONSUMERS A
loss    of   £17,032.           WEEK”
Another        magazine
company which has lost
                            In a statement said on
out is NME showing a
                            behalf       of      ICP
decline over the year of
                            (publishers of NME) it
£15,336 and it seems        was      said     “[NME]
that that decline in        continues to be an
popularity is continuing    exemplar of a modern
into late 2010 with a       multiplatform      media
16.4%           fall   in   brand” and still reaches
circulation, the highest    its audience “via social
circulation fall in music   media, on TV, radio,
and film magazine in        mobile, through live
                            events and in print and
2010.                       reaches over one             Statistics and quotes from ABC.com
The consumers need           website      onto     the   As    features    which
for                   the    customer           using    couldn't be put into
cheapest, easiest and        messages        in    the   magazines for example
most convenient has          magazine saying “look       videos    and      entire
thrown the magazine          online      for    more     albums of images from
business                     information”.        The    events in the music
backwards, making it         company of NME now          world and information of
less popular to buy          even advertises itself as   a wide variety of
magazines and more           a online magazine and       musicians      including
popular to read it on the    a       online     news     Black Sabbath, Arctic
online website. Minus a      network, having more        Monkeys, Justin Beiber
few perks of real            Interviews, news and        and Queen.
magazine buying (a           images online then in
quiz and a extra             the magazine as well
interview) the online
reading of magazines is
a lot more economically
and      environmentally
beneficial making it a
desirable     idea     for
customers. Examples
such as NME.com and
heatworld.com are good
examples of not only
showing a lot of the
information within the
magazine online but
also forcing the
P
1.   What has been the impact of this change on the magazine industry
     (production, exhibition, distribution and consumption)?
2.   How are audience’s habits going to change the way in which
     magazines are consumed, produced, distributed today?
3.   What do audiences think of magazines? (do they trust them? How
     do they use them? What do they like/dislike about them?)
4.   What about the impact of advertising? (this is a fundamental
     aspect to the magazine industry…how will advertising influence
     its future?)
5.   In your opinion what is the future of the magazine industry?

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Presentation1

  • 1. FIGURE HOW ONLINE SUBSCRIPTIONS S AFFECT MAGAZINE SALES ONLINE MAGAZINE WEBSITES. HELPING OR HINDERING?
  • 2. Research into online (e.g. buying music done sales affect on overall sales of magazines by Apple creating ITunes “VOGUE to get convenient (including some music cheaper music) and the ONLY SOLD magazines) shows that online market for online subscriptions only contribute to a magazines holds no 185 COPIES convenience in the eye small amount of the of the public, as it OF overall sales made. doesn’t make it easier to This shows that the buy them (magazines MAGAZINES online market for magazines at the are sold in most ONLINE IN supermarkets which current time is weak and barely effects the people have to go to on a weekly basis anyway) 2011” overall sales. and also exclude the you just buy out of convenience of reading However, the move impulse commonly in magazines as a from paper magazines airports or train stations easily, light and portable to internet hasn’t been item and forces the just as much as “pushed” upon the reader to have to have a something you plan to public yet as it has with buy. Online buying and laptop of electric device other types of media reading of magazines of some sort to read it. gets rid of this market “ONLINE The idea of “impulse buying” is also taken into SUBSCRIPTI factor with the idea of online magazine reading ONS COUNT and ordering as FOR LESS magazines sometimes something are THEN 1%” Quotes from ABC.news.com
  • 3. Statistics showing sales These statistics million consumers each of music magazines continued into 2011 with week”. However it’s obvious to the public comparing 2008 to an 14.3% drop in the eye that NME is going 2009 sales show beginning of 2011. to be in trouble soon, declines in the majority with Kerrang and Metal of companies sales for “DISPITE DROPS, Hammer making example Kerrang NME STILL recoveries (Kerrang has (published by Bauer now rose to gaining Consumer Media) has REACHES 4.5%) it shows NME in declined from PEOPLE OVER 1 a weak light. £60,290 to MILLION £43,253, showing a CONSUMERS A loss of £17,032. WEEK” Another magazine company which has lost In a statement said on out is NME showing a behalf of ICP decline over the year of (publishers of NME) it £15,336 and it seems was said “[NME] that that decline in continues to be an popularity is continuing exemplar of a modern into late 2010 with a multiplatform media 16.4% fall in brand” and still reaches circulation, the highest its audience “via social circulation fall in music media, on TV, radio, and film magazine in mobile, through live events and in print and 2010. reaches over one Statistics and quotes from ABC.com
  • 4. The consumers need website onto the As features which for the customer using couldn't be put into cheapest, easiest and messages in the magazines for example most convenient has magazine saying “look videos and entire thrown the magazine online for more albums of images from business information”. The events in the music backwards, making it company of NME now world and information of less popular to buy even advertises itself as a wide variety of magazines and more a online magazine and musicians including popular to read it on the a online news Black Sabbath, Arctic online website. Minus a network, having more Monkeys, Justin Beiber few perks of real Interviews, news and and Queen. magazine buying (a images online then in quiz and a extra the magazine as well interview) the online reading of magazines is a lot more economically and environmentally beneficial making it a desirable idea for customers. Examples such as NME.com and heatworld.com are good examples of not only showing a lot of the information within the magazine online but also forcing the
  • 5. P
  • 6. 1. What has been the impact of this change on the magazine industry (production, exhibition, distribution and consumption)? 2. How are audience’s habits going to change the way in which magazines are consumed, produced, distributed today? 3. What do audiences think of magazines? (do they trust them? How do they use them? What do they like/dislike about them?) 4. What about the impact of advertising? (this is a fundamental aspect to the magazine industry…how will advertising influence its future?) 5. In your opinion what is the future of the magazine industry?