Magazine publishing in the UK

WHO OWNS THE UK MAGAZINE
INDUSTRY?
Who owns British magazines?
Who owns British magazines?
Who owns British magazines?
Does it matter? Titles




0       10    20   30   40   50
Does it matter? Titles

                          2%
               10%
                               4%



 150 other
                                    10%
 publishers
   51%
                                    4%


                                8%

                          2%
                     8%
              1%
Does it matter? Circulation




0   1000000   2000000   3000000   4000000   5000000   6000000   70000
Does it matter? Circulation
              1% titles   150 other
               5% circ    publishers
                           51% titles
                            11% circ        10% titles
                                             22% circ
  8% titles
  12% circ
                                                          2% titles
                                                           5% circ

2% titles/circ
         8% titles                                       4% titles
          4% circ                                        13% circ
                               10% titles
       4% titles
                                23% circ
        3% circ
Does it matter? Circulation

• 21 titles: 4% of UK market
• Titles include Cosmo, Men’s Health, Company,
  Elle
• 13% of the circulation
• Around 20 major
  websites including
  Sugarscape.co.uk
• 30 newspapers,
  2 radio stations,
  30 TV Channels, 3 online channels
Does it matter? Competition

Tried to buy EMAP (Empire, Kerrang!) in 2009 for
£700m; Bauer paid £1.1bn

Bought Hachette Filippachi in March 2010
Closed two of its own titles: She and
Cosmopolitan Bride.
Does it matter? Competition
How                      works
 Created 30 years ago.
 Distributes to over 80 countries worldwide.
 Heart and Condé Nast avoid paying outside
  company to distribute their magazines.
 Also carries out market research
 Developed EDP technologies (Electronic Data
  Processing), allowing analysis (through barcodes
  and credit cards) of
   what people buy with their magazines (chocolate etc.)
   where they buy
   who is buying
Does foreign control matter?
Does it matter: local content
Does it matter: local content
Does it matter: local content
Does it matter: local content
Does it matter: local content
Does it matter: local content
Does it matter: local content
Does it matter: Synergy
Does it matter: Synergy
Does it matter: Synergy
Does it matter: Synergy
Does it matter: Synergy
Does it matter: Synergy
Does it matter: Synergy
Does it matter: Synergy
Does it matter: Synergy
Does it matter: Synergy
Does it matter: Convergence
Does it matter: Convergence
Does it matter: Convergence
Does it matter: Convergence
Does it matter: Convergence
Does it matter: Convergence
Does it matter: Audience
ABC1, “fashionable, fun,
confident with key
interests in shopping,
beauty, and relationships.
18-35, core 20-25.” (Hearst UK)

USED to be biggest selling
UK women’s monthly
(450,000 sales per month).
Now 375,000 - behind
Good Housekeeping,
Glamour etc.
Does it matter: Audience
£375,000 sales
 >£1m per issue

Ad costs £18,000 to
£25,000 per page.
 >£1m per issue as well
Does it matter: Audience

Magazine ownership does it matter?