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 Investment Chapter
The industry is considered to have a low level of capital intensity. IBISWorld estimates that magazine publishers operate, on average, with a labour-to-capital ratio of 0.01:1, which indicates that they spend about 1p on capital expenses for every £1 spent on wages. The tasks of writing, editing and designing graphics, which are crucial to producing magazines, are labour-intensive, as are sales, distribution and administration. Computers for word processing are the only real capital expenditure that firms make. Recent significant efforts to reduce labour costs across the industry have done little to change this... purchase to read more