International Federation of the Periodical Press Magazine World Update China leads soaring Asian ad spend growth China - currently the world‘s fifth largest advertising market - is on its way to becoming the second largest, according to Nielsen Media Research. Its latest report predicts China will overtake Japan as number two within the next ten years as the former‘s adspend continues to soar. Figures for the period October 2003 - September 2004 s... more 03/02/2005 Strong US ad spend forecast for 2005 Advertising spend in the US is expected to increase 5.1% in 2005 to $150.5 billion, according to fullyear forecasts released this week (2 Feb) by TNS Media Intelligence. This increase follows the estimated growth of 10.6% in 2004, as the US economy continues to show signs of stability. Strong ad growth is projected for t... more 02/02/2005 Lifetime achievement award for IDG’s globally minded founder Pat McGovern Patrick J. McGovern, founder and chairman of International Data Group, received the prestigious Henry Johnson Fisher Award at Magazine Publishers of America‘s (MPA) Lifetime Achievement Awards gala dinner on 26 January. McGovern has overseen IDG‘s launch of more than 300 magazines and newspapers in 85 countries, including global giants l... more 01/02/2005 Solid growth for the UK’s customer magazines The UK‘s customer publishing sector grew by 56% between 1999 and 2004 and the trend is set to continue, according to Mintel‘s biannual Customer Publishing Report for the Association of Publishing Agencies (APA). The study, released this week, forecasts turnover in the industry will increase from £385m in 2004 to more than £530m in 2009-r... more 01/02/2005 Canada’s magazine ad spend on healthy growth curve A strong fourth quarter last year translated into an overall jump of 6.5% in advertising pages at 87 of Canada¹s largest consumer magazines, according to Leading National Advertisers (Canada). A 5.8% jump in quarter four run-of-press (ROP) ad pages brought the total count to 43,334 ad pages in 2004 representing $646.6 million in revenue... more 01/02/2005 The power of magazines explored in Poland Measuring the return-on-investment (ROI) of magazine advertising campaigns is becoming increasingly important, as the new digital media elbow their way into stronger contention for marketing budgets. Accordingly magazine ROI is one of the key themes at FIPP's Ad Sales Workshop in Warsaw on 17-18 March 2005. A new ROI study in the UK... more 01/02/2005 Launches around the world IPC Media and Axel Springer to launch Wallpaper* in Russia IPC Media in partnership with Axel Springer AG, has announced the launch of a Russian language edition of Wallpaper*, IPC‘s authoritative international design and modern living title. The deal sees the creation of the f... more 01/02/2005 CosmoGirl! becomes the worlds first tri-weekly teen title The UK‘s CosmoGirl!, the younger sister of Cosmopolitan magazine, has broken with convention to become the first magazine of its kind to publish every three weeks. The magazine will start tri-weekly publication from 17 March and will be available every third Thursday. The innovation aims to reflect reading habits withi... more 31/01/2005 Implications for publishers as EC undergoes reorganisation Magazine publishers in the European Union have been left in limbo following departmental moves at the European Commission in December. The publishing sector has moved from DG Enterprise and Industry division to the newly created DG Information Society and Media division, and Viviane Reding is the new Commissioner. Despi... more 29/01/2005