The
Magazine industry as a whole
The current top selling magazine is “TV Choice” this magazine
was released in 1999 and in 2008 it became the most actively selling magazine
and has held the position ever since, the magazine sells 1.2million copies a
week and has an adult readership of 1.8million. The magazine is published by
Bauer and is released weekly the majority of adult readership were female as
the magazine often has “soaps” which tend to attract more female than male
audience. Whereas a magazine like “Kerrang” would attract more of a mixed
gender because more men are into the rock genre of music and men also tend to
not watch romantic type dramas. This magazine is also popular because it
appeals to stereotypical housewives who watch soaps at night time and will also
often have crosswords and glamour things in the magazine which would also tend
to attract the female readership over the male readership. Advertiser would
often invest in this magazine because they know exactly what people read this
magazine and can cater around what to advertise in certain issues.
The most popular music magazine is “Rolling Stone” and was
released on November 9th 1967 and is published by “Wenner Media” and
has a circulation of 1,468,263 (2014). The magazine have a
split target audience because sometime they cover the newest artists on the
music scene but sometimes they cover serious topic such as when they covered
the Boston bombings which sold considerably more copies. Rolling stone tend to
trend towards the more established artists because they know that they have a
fanbase of people who will see their favourite artist on the magazine and buy
it to read about the latest news concerning the artist. They also attract
younger readership with youth-orientated TV shows although they have more about
current music and new albums they can sometimes have an article about a new TV
show that the younger readership can read about and potentially watch. The music
is the biggest reason people buy this magazine though as music is a big part of
current life as people tend to base their personalities around their music
tastes and this magazine takes full advantage of that by putting different
genres of music in their issues, however it is always the latest well
established artist that will be on the cover and feature. Investors would be
equally inclined to invest in this magazine because it is a well-established
magazine with a good reputation for good products/bands are solo artists.
In 1 minute
America alone (according to http://time.com/2901341/this-is-how-much-money-americans-are-spending-every-second/)
spent $5,521,867 on retail and some
advertisers spend Typically Cost: $500 to $20,000, depending on whether the
publication is local or national, the size of your ad, whether you use colour
and if you've negotiated a multiple-ad rate. You can spend as much as $500,000
to buy the inside front cover of some national magazines.
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