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 - Starting a New Business Chapter
The barriers to entering the industry are relatively low, which is made clear by the number of smaller businesses that have entered the industry over the five years through 2014-15. The market is becoming increasingly digital, with many brands launching online editions. 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