key facts about the uk consumer magazine industry

10
Key Facts about the UK Consumer Magazine Industry The UK consumer magazine industry is worth £2.8bn Over 3,200 consumer magazines are published in the UK Nearly 9 out of every 10 UK adults read magazines every year Nearly 1.5 billion consumer magazines are read in the UK each year Consumers spend more than £2bn a year on consumer magazines Advertisers spend nearly £800m per year with consumer magazines

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Key Facts about the UK Consumer Magazine Industry. The UK consumer magazine industry is worth £2.8bn Over 3,200 consumer magazines are published in the UK Nearly 9 out of every 10 UK adults read magazines every year Nearly 1.5 billion consumer magazines are read in the UK each year - PowerPoint PPT Presentation

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Page 1: Key Facts about the UK Consumer Magazine Industry

Key Facts about the UK Consumer Magazine IndustryKey Facts about the UK Consumer Magazine Industry

The UK consumer magazine industry is worth £2.8bn

Over 3,200 consumer magazines are published in the UK

Nearly 9 out of every 10 UK adults read magazines every year

Nearly 1.5 billion consumer magazines are read in the UK each year

Consumers spend more than £2bn a year on consumer magazines

Advertisers spend nearly £800m per year with consumer magazines

The UK consumer magazine industry is worth £2.8bn

Over 3,200 consumer magazines are published in the UK

Nearly 9 out of every 10 UK adults read magazines every year

Nearly 1.5 billion consumer magazines are read in the UK each year

Consumers spend more than £2bn a year on consumer magazines

Advertisers spend nearly £800m per year with consumer magazines

Page 2: Key Facts about the UK Consumer Magazine Industry

The UK consumer magazine industry is worth £2.8bnThe UK consumer magazine industry is worth £2.8bn

The total value of the UK magazine industry in 2007 was £5.7bn

Consumer magazines account for £2.8bn – 49% market share

The total value of the UK magazine industry in 2007 was £5.7bn

Consumer magazines account for £2.8bn – 49% market share

Source: PricewaterhouseCoopersSource: PricewaterhouseCoopers

Value of Magazine Industry, 2007 (£m)

Consumer Magazines

Business Magazines

Customer Magazines

Page 3: Key Facts about the UK Consumer Magazine Industry

Over 3,200 consumer magazine titles are published in the UK

Over 3,200 consumer magazine titles are published in the UK

There are currently 3,243 consumer magazines in the UK

In the last 30 years, the number of consumer magazines has increased by 135%

In 1980, there were only 1,383 titles

There are currently 3,243 consumer magazines in the UK

In the last 30 years, the number of consumer magazines has increased by 135%

In 1980, there were only 1,383 titles

Source: BRAD (Feb 2009)Source: BRAD (Feb 2009)

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008

Number of titles

Year

Number of Consumer Magazine Titles, 1980 - 2008

Page 4: Key Facts about the UK Consumer Magazine Industry

Nearly 1.4 billion copies of consumer magazines are sold in the UK each year

Nearly 1.4 billion copies of consumer magazines are sold in the UK each year

1.374bn copies of consumer magazines were sold in the UK in 2007

At least a further 0.4bn copies were distributed for free or discounted in 2007

The average person in the UK buys 22 copies a year

1.374bn copies of consumer magazines were sold in the UK in 2007

At least a further 0.4bn copies were distributed for free or discounted in 2007

The average person in the UK buys 22 copies a year

Source: AA/WARCSource: AA/WARC

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006

Year

Copies Sold (m)

Number of Copies of Consumer Magazines sold, 1980 - 2008

Page 5: Key Facts about the UK Consumer Magazine Industry

Top magazines by circulationTop magazines by circulation

1

2

3

4

5

6

7

8

9

10

Average Net Circulation (UK/ROI)Actively Purchased (UK/ROI)

TV Choice

What’s On TV

Radio Times

Take A Break

Saga Magazine

Reader’s Digest

Closer

Glamour

OK!

Chat

SkyMag

Sky Sports

Sky Movies

Asda Magazine

Tesco Magazine

National TrustSainsbury’s Fresh Ideas

Skymag HD Special

TV Choice

What’s On TV

Source: ABC, July-December 2008Source: ABC, July-December 2008

1,369,088

1,315,543

1,018,704

932,651

647,064

550,040

529,671

498,776

477,641

454,818

7,219,922

4,267,042

3,511,747

2,925,656

2,016,878

1,737,759

1,492,957

1,400,000

1,369,088

1,315,543

Page 6: Key Facts about the UK Consumer Magazine Industry

Magazines reach at least 85% of UK adultsMagazines reach at least 85% of UK adults

In 2008, 85% of all adults reported reading one of the 184 titles listed on the NRS

57% of adults “almost always” read at least one of these titles

On average, AIR adults* read NRS titles for 88 minutes every week

In 2008, 85% of all adults reported reading one of the 184 titles listed on the NRS

57% of adults “almost always” read at least one of these titles

On average, AIR adults* read NRS titles for 88 minutes every week

Source: National Readership Survey, January – December 2008

Source: National Readership Survey, January – December 2008

* i.e. the 75% who are part of the Average Issue Readership of any NRS magazine

* i.e. the 75% who are part of the Average Issue Readership of any NRS magazine

Reach of Magazines, 2008

Page 7: Key Facts about the UK Consumer Magazine Industry

Top magazines by readershipTop magazines by readership

1

2

3

4

5

6

7

8

9

10

Volume of Reading per Issue = Average Issue Readership x Mean time spent readingVolume of Reading per Year = Volume of reading per issue x Number of issues Volume of Reading per Issue = Average Issue Readership x Mean time spent readingVolume of Reading per Year = Volume of reading per issue x Number of issues

Reach (Average Issue Readership)

Volume of Reading per Issue

Volume of Reading per Year

Take A Break

Radio Times

What’s On TV

OK!

Hello!

Chat

Closer

Heat

Auto Trader

TV Choice

Take A Break

National Trust

SkyMag

National Geographic

Radio Times

Reader’s Digest

What’s On TV

Saga Magazine

Tesco Magazine

OK!

SkyMag

Tesco Magazine

Asda Magazine

Your M&S

Sainsbury’s Mag

National Trust

What’s On TV

Sky Sports

Take A Break

Boots H&B

Source: NRS, January – December 2008

Source: NRS, January – December 2008

Page 8: Key Facts about the UK Consumer Magazine Industry

Consumers spend more than £2bn a year on consumer magazines

Consumers spend more than £2bn a year on consumer magazines

Consumers spend £2.1bn on magazines at current prices

This is equivalent to every person in the UK spending £36 a year on magazines

Expenditure on consumer magazines has grown in real terms by 88% since 1990 (see graph)

Consumers spend £2.1bn on magazines at current prices

This is equivalent to every person in the UK spending £36 a year on magazines

Expenditure on consumer magazines has grown in real terms by 88% since 1990 (see graph)

Source: AA/WARCSource: AA/WARC

0

500

1,000

1,500

2,000

2,500

1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006

Year

0

500

1,000

1,500

2,000

2,500

1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 20060

500

1,000

1,500

2,000

2,500

1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006

Pu

rch

aser

Exp

end

itu

re (

£m),

co

nst

ant

pri

ces,

200

0

Purchaser Expenditure of Consumer Magazines (Constant Prices, 2000, £m), 1980 - 2007

Page 9: Key Facts about the UK Consumer Magazine Industry

Advertisers spent almost £750m with consumer magazines in 2008

Advertisers spent almost £750m with consumer magazines in 2008

465 825 1,367 2,0162,813 3,300

3,7223,955

4,0973,905

4,0163,819

526545

521480

497 454

1,9021,974

1,9121,913

1,933 1,8052,962

3,1322,994

2,782

2,747 2,313

149

160158 155

170 168

2,467

2,4692,371 2,322

2,1712,040786

848897 933

976938

1,048

1,0821,064 1,016

968839

784

819827 812

791745

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

2003 2004 2005 2006 2007 2008

Consumer MagazinesBusiness Magazines

Outdoor

Direct Mail

Cinema

Regional Newspapers

National Newspapers

Radio

TV

Internet*

In 2008, advertisers spent £745m with consumer magazines

Advertising expenditure for all media except the internet declined year-on-year in 2008

In 2008, advertisers spent £745m with consumer magazines

Advertising expenditure for all media except the internet declined year-on-year in 2008

Advertising Expenditure (Current Prices) by Medium, 2003-2008

Ad

vert

isin

g E

xpen

dit

ure

(£m

), c

urr

ent

pri

ces

Source: AA/WARCSource: AA/WARC

14,810

15,809 16,207 16,33317,081

16,423

Page 10: Key Facts about the UK Consumer Magazine Industry

The growth of internet advertising has affected share for all other media

The growth of internet advertising has affected share for all other media

3.1% 5.2% 8.4%12.3%

16.5%20.1%

25.1%25.0%

25.3%23.9%

23.5%23.2%3.5%

3.4%3.2%

2.9%2.9%

2.8%

12.8% 12.5%11.8%

11.7%11.3%

11.0%20.0% 19.8% 18.5% 17.0%

16.1%14.1%1.0% 1.0% 1.0% 0.9%

1.0% 1.0%16.7% 15.6% 14.6% 14.2% 12.7% 12.4%

5.3% 5.4% 5.5% 5.7% 5.7% 5.7%7.1% 6.8% 6.6% 6.2% 5.7% 5.1%

5.3% 5.2% 5.1% 5.0% 4.6% 4.5%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2003 2004 2005 2006 2007 2008

Consumer Magazines

Business Magazines

Outdoor

Direct Mail

Cinema

Regional Newspapers

National Newspapers

Radio

Television

Internet*

Source: AA/WARCSource: AA/WARC

The growth of internet advertising has led to a decline in share of expenditure for all other media, except outdoor

The growth of internet advertising has led to a decline in share of expenditure for all other media, except outdoor

Share of Advertising Expenditure (Constant Prices, 2000) by Medium

* = Estimates for Q3 & Q4 2008