J201 Introduction to mass communication Media: Magazines magazine experiment • count the number of full-page advertisements • compare to the total number of pages in magazine • what percent of magazine is full-page ads? magazines as consumer media • “audience as consumer” vs. “audience as product” • lower cover price • increase circulation • inflate advertising price • average magazine today: 50% ads, 50% editorial • “wall between editorial and advertising” key changes in the 19th century • 1830s: successful example of “penny press” • 1870s: similar low postal rates to newspapers • titles jumped tenfold: 685 in 1850; 6,000 in 1905 • ads jumped tenfold: 7 pp. in 1880; 90 pp. in 1900 key themes in magazine evolution • sites for longer fiction and nonfiction content • showcase for visual arts and photojournalism • shift from general interest to special interest shift from general to special interest • 1945: Ebony • 1953: Playboy • 1955: National Review • 1965: Cosmopolitan • 1967: Rolling Stone • 1972: Life folds (6 million readers!) the fate of general news magazines today what are the top five magazines today? (how should we decide?) Magazine Publishers of America * ABC = “Audit Bureau of Circulations” (publishers’ association) Magazine Publishers of America AdAge.com new attention to market segments • “demographic editions” target individual occupations, high-income zip codes, or colleges • the “seven sisters” of women’s magazines • popular culture far outweighs news in both readership and advertising dollars “consumer” magazines rule the industry economics of the magazine industry • 20,000 - 30,000 titles • over $35 billion in revenue (sales and ads) in top 300 alone • 50% of cover price back to publisher • roughly 75% of revenue from advertising • ad agencies make 15% on all advertisements placed • established authors make average of $1/word • “paid circulation” vs. “controlled circulation” Magazine Publishers of America concentration in the magazine industry • remember: 20,000 - 30,000 titles • only 3,000 distributed through retail outlets • only 500 account for 75% of all ad revenue • only 200 circulate in the world market • only 80 have circulation over 1 million • 14% of all magazine ads are for auto industry (e.g. GM spends $500 million/year on mag ads) http://www.stateofthenewsmedia.com/2007/ blurring the boundaries of magazines • ‘zines - from the Xerox machine to Borders • magalogues - Abercrombie & Fitch • advertorials - health news and pharmaceuticals • online magazines - Salon, Slate • are weblogs following a magazine model? what about news magazines? * Newsweek owned by Washington Post http://www.stateofthenewsmedia.com/2007/ http://www.stateofthenewsmedia.com/2007/ http://www.stateofthenewsmedia.com/2007/