Industry Analysis & Industry Trends
The UK Magazine Publishers industry produces and distributes magazines and periodicals aimed at individuals, tradesmen and professionals in print or electronic format. The industry is split between consumer-targeted magazines, which make up 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 circulation, both tumbled during the economic downturn and struggled during the slow recovery. When the economy weakened in 2008-09 and 2009-10, advertising was one of the industries hit the hardest because advertising is not cost-efficient when demand is low... purchase to read more
Industry Report - Industry Key Buyers Chapter
The top four firms in the industry are expected to account for 16.3% of industry revenue in 2014-15, so the industry is classified as having a low level of market share concentration. Only 0.8% of magazine publishers employ more than 250 people, whereas 67.9% have fewer than five employees. The level of concentration in the industry is expected to decrease over the five years through 2014-15 as the kinds of wide-appeal magazines that larger businesses thrive upon see greater decline than general interest magazines, which are often the preserve of smaller businesses. This is mainly a result of the recession, which made it difficult for small publications to secure desperately needed advertising revenue... purchase to read more