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 constitute about two-thirds of the industry, and trade and academic periodicals, which make up the remaining third.
Consumer, business and academic magazine publishers have all been affected by similar trends over the five years through 2012-13. The two main sources of revenue, advertising and circulation, both tumbled during the economic downturn and have struggled during the slow recovery. When the economy weakened in 2008 and 2009, advertising spending fell as companies tried to protect profit... purchase to read more
Industry Report - Industry Investment Chapter
The industry is considered to have a low level of capital intensity. The tasks of writing, editing and designing graphics, which are crucial to producing magazines, are labour-intensive, as are sales, distribution and administration. Recent significant efforts to reduce labour costs across the industry have done little to change this. Companies that print their own magazines face larger capital expenditure due to the cost of purchasing and maintaining the equipment involved. IBISWorld estimates that magazine publishers operate, on average, with a capital-to-labour ratio of 0.06:1, which indicates that they spend six pence on capital expenses for every pound spent on wages... purchase to read more