Industry Analysis & Industry Trends
The UK Magazine Publishers industry produces and distributes magazines and periodicals in print or electronic format aimed at individuals, tradesmen and professionals. The industry is split between consumer-targeted magazines, which comprise about two-thirds of the industry, and professional periodicals, which make up the remaining third.
The industry's two main sources of revenue, advertising and print sales, both tumbled during the economic downturn. In addition to the economic crisis and the slow recovery, operators struggled to cope with the rise of digitisation and online alternatives to magazines. As a result, several industry operators transformed their business models, but these changes are still to bear fruit... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entering the industry are relatively low, which is demonstrated by the number of smaller businesses that have entered the industry over the five years through 2015-16. The market is becoming increasingly digitised and many publishers are launching online editions of their brands, while a few new firms have entered with just online publications. Online editions require a much smaller cost structure because there is no need for printing or distribution, both of which can be difficult for a small producer to manage. An online business also has significantly reduced start-up costs. These factors are expected to bring barriers to entry even lower than they already are over the next five years.
The level of concentration varies wildly between industry segments... purchase to read more