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Top Ten Magazine Closures of 2009

Posted on October 17, 2009 by Mediabids

 

From MarketingCharts.com - the top ten magazines who have folded this year. Read full story here.

So Far this year there have been 383 magazine closures and 259 new magazines started.

Part of the story:

 Top Magazine Closures This Year

Declining subscriptions, falling ad revenue and the shift to digital delivery and preference have  severely affected print publications’ viability during in 2009.  Earlier this year, MediaFinder.com reported that the number of magazine closures began to accelerate in Q209. And earlier this month, The Christian Science Monitor - which itself went from daily to weekly in 2009 - recently listed the top 10  magazines by circulation - based on MediaFinder’s numbers - that have folded so far this year:

  1. Country Home - 1,200,000 circulation
  2. Domino - 1,100,000
  3. Nick (Nickelodeon) Magazine - 1,000,000
  4. Gourmet - 977,000
  5. Hallmark Magazine - 750,000
  6. Travel & Leisure Golf - 650,000
  7. Time Style & Design - 550,000
  8. (tie) Cookie - 500,000
  9. (tie) Best Life - 500,000
  10. Condé Nast Portfolio - 450,000

77 magazines launch, 184 fold in second quarter of 2009

Posted on July 06, 2009 by Mediabids

A full run down on magazine advertising closings and launches in the second quarter of 2009, by MediaFinder, reveals 77 magazines have launched and 184 have stopped printing.

Not that surprisingly: "Regional Interest magazines, which traditionally comprise a large percentage of new and closing magazines, took a big nosedive in the first half of 2009, with 27 titles folding, including Denver Living and Florida Inside Out. Other magazine categories that declined in the first half of 2009 include construction, with 18 ceased titles; lifestyle with 14 ceased titles and business with 10 ceased titles."

 Somewhat surprisingly: "At the same time as losing a significant number of titles, the regional interest category also saw the most new launches, with 12 new titles, including 360 West and Somerville Scout. Health & fitness had the second-highest number of new titles (11), including Scottsdale Health and SFA Fitness. Other popular magazine categories for new launches were family, food and home, with nine titles each in the first half of 2009."

Full story here. 

The Journal Register Co. uses print as the excuse

Posted on November 17, 2008 by Mediabids

The Print Observer is tired of reading that anything printed on paper is doomed. No doubt the trend is not good. No doubt the habits of readers and advertisers have changed. And there is no doubt that newspapers and magazines have to start changing a lot faster and smarter.

 

But every time a print publication goes out of business it does not mean that the end is near. The Journal Register Co. announced last week that it was closing up to 13 papers in Central Connecticut and blamed it primarily on the overall demise of print- which is a little bit like saying that American Express is having trouble these days because people don’t like credit cards anymore.

 

The rubbish about closing because of the state of print is an excuse to hide the real issue.

 

This article  from the International Herald Tribune does as good a job as any I have seen pointing out that the real demise of these papers – and potentially a lot more to come – stems from poor management and the acquisition of an enormous debt load in an effort to acquire more publications and inflate the company’s stock price.

 

The Print Observer’s position: these publications would be doing fine if not for lousy corporate management. We are not suggesting they would be thriving but they would not be facing a January 12 shut down.