Quote:
Originally Posted by Steve Jordan
While lit sales might be flat or down, magazine sales are huge.
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Although magazine sales in the aggregate are huge, sales and subscriptions, as well as advertising, are, for the most part, down. There are a few bright spots, but even such fantasy mainstays as
Architectural Digest are down, and down significantly. Niche magazines are tending to do better than general interest magazines, but not by much. Every news-oriented magazine is down except for
The Economist and
The Week, which are up.
US News & World Report has changed its focus to consumer issues and has become a monthly;
Newsweek plans to change its focus and become either a biweekly or monthly. Conde Nast has closed several magazines.