Industry Analysis & Industry Trends
The UK Magazine Publishers industry produces and distributes magazines and periodicals in print and electronic format aimed at individuals, tradesmen and professionals. The industry is split between consumer-targeted magazines, which comprise approximately 85% of the industry, and professional periodicals, which make up the remaining share.
The industry's two main sources of revenue, advertising and print sales, both fell as operators struggled to cope with falling print sales and significant online competition. Several industry operators have transformed their business models in an effort to compete more effectively in this climate but these changes are yet to bear fruit... purchase to read more
Industry Report - Industry Key Buyers Chapter
The top four firms in the industry are expected to account for 17.7% of industry revenue in 2016-17, so the industry is classified as having a low level of market share concentration. The latest industry data indicates that less than 1% of magazine publishers employ over 250 staff members, whereas 69.7% have fewer than five employees. The level of concentration in the industry is expected to decrease over the five years through 2016-17 as the kinds of general, wide-appeal magazines that larger businesses produce suffer a greater decline in circulation figures than niche magazines, which are often the preserve of smaller businesses.
As the industry moves towards a digital format, concentration is expected to decrease further while the proportion of small businesses rises. A s.. purchase to read more