You are on page 1of 12

• MARCH 2020 •

THE MAGAZINE
INDUSTRY

THE DEVELOPMENT FIVE MAJOR TYPES DIGITAL


OF MAGAZINES OF MAGAZINES MAGAZINES

The history of magazines | 3 The contents of a magazine | 7 Future of magazines in the


digital era | 11
GLOSSARY

03 MAGAZINE
a collection of materials (stories, ads,
poems, and other items) that editors
believe will interest audiences

8 ISSUE
all the copies of a periodical with the
same cover date and distributed at the
same time

9 MAGAZINE
PUBLISHER
the chief executive of a magazine,
who is in charge of its financial health

10 MAGAZINE
DISTRIBUTION
the channel through which a
magazine reaches its exhibition point.

12
SUBSCRIPTION
a long-term order, paid in advance, for
the receipt of a magazine for a
predetermined period of time or
number of issues
HISTORY
"THERE MIGHT BE NEW
TECHNOLOGY, BUT
TECHNOLOGICAL PROGRESS
ITSELF WAS NOTHING NEW -
AND OVER THE YEARS IT

The HAD NOT DESTROYED JOBS,


BUT CREATED THEM."

Development MARGARET THATCHER

of Magazines
Nowadays, it seems that magazines shape our lives, By the 1700s, magazines were being published
telling us what to wear, what to eat and what to regularly in England, as the growing power of
think about. Although this is the age of the internet, Parliament allowed for more public arguments
we continue to enjoy magazines, admire their about governing than in the past.
pages, photos, illustrations and headlines. This
popularity is due to the fact that magazines cater to Political magazines and literary magazines made
all sorts of interests and passions. Most magazines their debuts. Some, such as the famous  Tatlerand
look more or less the same at first glance, but they Spectator served up both politics and literature by
target different audiences. famous writers of the day. Of course, these
magazines were aimed at, and were read by,
The word  magazine comes from French; it means England’s wealthy elite. The same was true in the
storehouse.  Magazineswere, and still are, American colonies of England.
collections of materials (stories, ads, poems, and
other items) that their editors believe will interest Similar to newspapers, magazines aimed at
their audience. relatively wealthy people, often merchants or
plantation owners with literary and/or political
inclinations.

The first magazines appeared in 1741 in


Philadelphia; Benjamin Franklin was one of the
printers who tried his hand at publishing a
periodical.

In fact, most editors and writers for American


magazines during the first quarter of the nineteenth
century received very little compensation for their
work, or didn’t get paid at all.

Magazines were a labor of love that reached a small


community of readers.

Page | 3
THE
TRANSFORMATION
OF MAGAZINES INTO
MASS MEDIA

Between 1825 and 1850, the number, the nature,


and the business of magazines changed
dramatically. In this period, from 1825 to 1850,
between four thousand and five thousand new
magazines were introduced in the United States.
Most of them died quickly, but the fact that new
periodicals continued to be launched meant that
business people were beginning to see that there
was a large market emerging for magazines.

The magazines that survived were still more


expensive than newspapers, and they assumed a
higher intellectual level. But even so, as a group
they began to exert increasing influence on the
nation’s cultural life. Magazines dedicated to
diverse subjects began to draw audiences that
numbered in the tens and hundreds of thousands.

Page | 4
During the 1960s and 1970s, the magazine industry
again found itself in an environment that demanded

MAGAZINES
fundamental change, thanks to the new medium of
television. By the late 1950s, most U.S. homes (86

LATER IN THE
percent) had at least one television set; that number
had jumped to 93 percent by 1965. The huge popularity
of the television began to hurt mass circulation

TWENTIETH
magazines such as the Saturday Evening Post. Large
advertisers abandoned magazines for TV because it
could help them reach even larger portions of the U.S.

CENTURY
population than mass-circulation magazines at a
comparable cost. Not only that, but television allowed
for dynamic ads with moving pictures and sound,
features that print media couldn’t offer.

It took the magazine industry a few years to adjust to


these stunning reversals, but by the early 1970s,
The most popular magazines at the executives had developed a new approach to their
turn of the twentieth century business. Instead of trying to reach “everybody” and
provided their readers with an compete with TV, magazine executives decided to
exciting mixture of sensational news develop periodicals that were designed to attract
about problems in their society with narrow slices of the population that certain types of
entertaining stories and helpful advertisers wanted to reach.
advice.
Page | 5
Certainly, there were already magazines that were It took the magazine industry a few years to adjust
tailored to particular ethnic, religious, occupational, to these stunning reversals, but by the early 1970s,
and hobby groups, but the new magazines tried to executives had developed a new approach to their
go beyond those categories and tap into the newer, business. Instead of trying to reach “everybody”
narrower interests and lifestyles of the relatively and compete with TV, magazine executives decided
affluent in U.S. society—target audiences that to develop periodicals that were designed to attract
advertisers especially wanted. narrow slices of the population that certain types of
advertisers wanted to reach.
Small, targeted audiences became especially
profitable for magazines as technology developed Certainly, there were already magazines that were
in the 1970s and 1980s. New computer-driven tailored to particular ethnic, religious, occupational,
printing technologies allowed companies to make and hobby groups, but the new magazines tried to
substantial profits with magazines that reached go beyond those categories and tap into the newer,
hundreds of thousands, or even tens of thousands, narrower interests and lifestyles of the relatively
of people instead of millions. affluent in U.S. society—target audiences that
advertisers especially wanted.
An Overview of the Modern Magazine Industry
Earlier, we described magazines as collections of Small, targeted audiences became especially
materials (stories, ads, poems, and other items) that profitable for magazines as technology developed
their editors believe will interest their audience. in the 1970s and 1980s. New computer-driven
While this notion of what a magazine is makes printing technologies allowed companies to make
sense on the surface, it still leaves lots of ambiguity. substantial profits with magazines that reached
But frankly, even people who work in the magazine hundreds of thousands, or even tens of thousands,
industry don’t seem to have a consistent definition of people instead of millions. NOMADIC | 24
of a magazine. Some, for example, put comic books
under the magazine tent, while others don’t. Page | 6
FIVE MAJOR TYPES OF
MAGAZINES
Today, there are thousands of magazines worldwide. They inspire, inform, educate and entertain audiences
across the globe. Nearly 600 years after the advent of the printing press, magazines continueto change the
nature of things throughout the world.

People who work in the magazine industry


categorize magazines in several ways, but there

N
seems to be general agreement that if a periodical
fits into one of the following five categories, it is to ewsletters
be considered a magazine:

B usiness or trade
magazines
C omic books

L iterary reviews
and academic journals 

C onsumer magazines 
Page | 7
BUSINESS-TO-BUSINESS MAGAZINES/
TRADE MAGAZINES
A business-to-business (B-to-B) magazine, also called a  trade magazine, focuses on topics
related to a particular occupation, profession, or industry. Published by a private firm or by a
business association, it is written to reach people who are involved with that occupation,
profession, or industry. Standard Rate and Data Service (SRDS), a firm that collects
information about magazine audiences and ad rates and sells it to advertisers and ad
agencies, devotes an entire reference directory to business magazines. The directory divides
business specializations into over 200 categories. Examples are: advertising and marketing,
automotive, banking, building, ceramics, computers, engineering and construction, healthcare,
and hotels, motels, clubs, and resorts.

CONSUMER MAGAZINES
Consumer magazines are aimed at people in their private, nonbusiness lives (magazines aimed
at the general public). They are sold both by subscription and on newsstands and magazine
racks in stores. They are called  consumer magazinesbecause their readers buy and consume
products and services that are sold through retail outlets and that may be advertised in those
magazines.

LITERARY REVIEWS AND ACADEMIC JOURNALS


This category includes hundreds of publications with small circulation figures.  Literary
reviews(periodicals about literature and related topics) and  academic journals(periodicals
about scholarly topics, with articles typically edited and written by professors and/or other
university-affiliated researchers) are generally nonprofit; funded by scholarly associations,
universities, or foundations, and sold by subscription through the mail. Because their readers
are often quite highly placed in academia, politics, or business, these periodicals often have
clout that far exceeds their small circulation. Moreover, journalists often look to some of
these publications for fresh ideas that they can discuss in broader-reach newspapers and
magazines.

NEWSLETTERS
A  newsletteris a small-circulation periodical, typically four to eight pages long, that is
composed and printed in a simple style, unlike the large, sometimes glossypage periodicals we
have discussed until now. Part of the reason is cost. Newsletters typically go to small numbers
of people at a frequency that would make a more production-heavy publication too expensive.
The rather plain look of a newsletter often matches its editorial purpose: to convey needed
information in a straightforward way. People receive these publications by mail, by fax
machine, or, increasingly, online.

COMIC BOOKS
As you may well know, many comic books are neither comical nor books. The term comic book
for a periodical that tells a story through pictures as well as words developed in the 1930s as
publishers of cheap (“pulp”) magazines that presented detective, romance, action, and
supernatural-science stories tried to take advantage of the popularity of newspaper comic
strips to boost sagging sales. They put their material into comic-strip form and sold it in a
complete story unit as a comic book.
Page | 8
PRODUCTION AND
THE MAGAZINE INDUSTRY
In the magazine industry, the term publisher refers not to
the company making the magazine, but to a person who
works there. A  magazine publisheris the chief executive
of a magazine and is in charge of its financial health.
Under the publisher are the business departments (in
charge of advertising and circulation), the technical
production department, and the editorial department.
The magazine’s editor-in-chief works for the publisher;
several editors may, in turn, work for the editor-in-chief. 

Magazine publishers today typically work with their


editors to build their magazines around distinct topics
that they hope will attract distinct slices of the American
population. In turn, the publishers hope (or expect) that
their magazines will pull in advertisers who need to reach
those population slices with the best medium possible.

MAGAZINE PRODUCTION
GOALS

What makes a magazine the best medium possible?


To advertisers and publishers, the answer is a magazine
that:
■ Draws an attractive audience 
■ Draws an audience that is loyal to the content and
personality of the magazine—its “brand” 
■ Provides an environment conducive to the sale of the
advertisers’ products 
■ Provides this audience and environment at an efficient
price
■ Provides a way for advertisers to associate with the
magazine’s brand and audience beyond the magazine’s
pages

Page | 9
CREATING A CONDUCIVE
ENVIRONMENT

Advertisers particularly like magazines with


articles and photos that fit with the tone and spirit
of their products or services. Publishers and
editors often develop new magazine sections with
an eye toward specific types of advertisers that
would find these sections good places to parade
their goods. As far back as 2000,  National
Geographicwas pretty explicit about the favorable
environment it presents for advertisers. The
magazine said in a trade magazine ad that it “brings
unique portraits to readers who have an insatiable
curiosity of the world we live in with a truth that
compels them to embrace our brand and your
advertising message.”

DRAWING AN ATTRACTIVE SETTING AN EFFICIENT


AUDIENCE PRICE
Typically, magazine publishers want to reach what they Publishers know that they must present
call  upscale readers. These are upper-middle or upper- advertisers with a competitively low  cost per
class people with substantial disposable income—that is, thousandreaders if they want to get or keep
money beyond the amount needed for basic expenses business. Of course, a cost per thousand is truly
that they can spend on special or expensive items. low only if the consumers the magazine reaches
Because so many periodicals reach these sorts of people, are the consumers that the advertiser is targeting.
a magazine has to be distinctive enough to draw
particular upscale readers whose social characteristics
and lifestyles fit a profile that interests enough
advertisers to support the magazine. PRODUCING THE
MAGAZINE AS BRAND
DRAWING A LOYAL AUDIENCE An increasingly important way that a major
magazine company tries to keep advertisers and
In today’s competitive media environment, it is not get new ones is to position every title not just as
enough for a magazine to have a distinctly attractive paper-bound reading material but as a personality
audience on its rolls. Several other magazines, or radio —a brand—with which readers want to engage in
stations or cable stations, may make similarly alluring many areas of their lives. Doing this, magazines
claims. A magazine’s business executives therefore must have become central actors in the movement of
convince advertisers that the magazine is edited so materials across media boundaries. One major way
effectively that the people who receive it read it in which they interact with their audience is
consistently and thoroughly—presumably so thoroughly through digital media. Another is by expanding into
that they pay attention to the ads. other media and staging events.  In both, the
magazines invite strong advertising participation.

Page | 10
DIGITAL
MAGAZINES
FUTURE OF MAGAZINES IN THE
DIGITAL ERA
Increased competition, penetration of Until around 2001, magazine That is the case with trade (business-
online and e-formats and cross media companies hardly used the Internet or to-business) magazines, as well as
ownership negatively affect the print any other digital platform. Publishers consumer magazines. Even though
media sector. didn’t think it was cost-effective to the Web still contributes only a very
create material just for the Web, and small portion of revenues (around 5
News magazines join the market they were afraid that if they posted percent with consumer magazines, 8
regularly and the existing ones their magazine content online, it percent with business-to-business),
disappear for want of readers, lack of would discourage readership of the executives see it as key to their
finance or due to take over. This hard copy magazine issues. future. Most observers believe that
tendency is called 'magazine churn'. consumer magazines have not been
Advertising revenue (much more than In the next few years, though, their as aggressive as trade magazines in
circulation revenue) seals the fate of attitude changed drastically. They reaching out to their audiences online
most consumer magazines. realized that their audiences were and drawing advertisers.
increasingly using the Internet,
The shift of advertising revenue to sometimes to the detriment of reading The Web has become a big selling
the web is the biggest problem faced magazines. point with advertisers. The digital
by broad-circulation magazines magazine has a lot of undeniable
today. While they are becoming Advertisers noted that too, and advantages. It brings about more
increasingly adept at generating magazine executives began to worry earnings, more readers and
revenue from their web sites, web- that they might lose readers and environmental sustainability.
only publishing models substitute print money to the Web. The result was
magazines. that many magazine firms are moving
strongly to use the Web to extend
Therefore, digital magazines are set relationships with their readers
to grow fast over the next several beyond the printed page.
years in the magazine industry as
publishers begin to enter the digital Page | 12
arena.

You might also like