Good News, Bad News
The first six Months of 2010 have been much kinder to the Publishing industry than the same period last year. Through June 30, only 87 magazines closed their pages forever. This is down drastically from the same period in 2009 when 279 titles bubbled beneath the waves. Unfortunately 2010 has seen only 90 new Publications come to market vs. 180 during the same period in 2009.
2009 was a brutal year for the magazine industry as a whole. After all was said and done 383 titles folded, and 259 new titles came to market. To put this in perspective we have taken the liberty of producing the top ten magazines to fold in 2009. This list does contain some surprises however, with the small ray of light that is shining on the industry in 2010; we may not have to do another a top ten closure list. We may be able create a top ten list of magazines companies sold for a $1.00 though. (see the Crisis at Newsweek
Here are the top 10 big name titles that disappeared from newsstands last year and their last reported circulation numbers:
- Country Home - 1,200,000
- Domino - 1,100,000
- Nick (Nickelodeon) Magazine - 1,000,000
- Gourmet - 977,000
- Hallmark Magazine - 750,000
- Travel & Leisure Golf - 650,000
- Time Style & Design - 550,000
- Cookie - 500,000
- Best Life - 500,000
- Conde Nast Portfolio - 450,000
The New Magazine City is UpFront