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US Mags Revenue Grows, But Volumes Decline In June

US Mags Revenue Grows, But Volumes Decline In June

Total US magazine advertising revenue increased 6.1% year on year in June, closing at $1.4 billion, according to the latest data from the Publishers Information Bureau (PIB). However, the number of advertising pages fell by 1.2%, to 18,905.

In the calendar year to date, advertising revenue closed at $7.7 billion, a decline of 1.6%, and ad pages were 105,830, down 9.9% over the same time period last year.

The full figures, by category, are shown below.

Magazine Advertising Totals By Category, June 2002 
  Jun 2002 v Jun 2001  Jan – Jun 2002 v Jan – Jun 2001 
Sector  % Change (revenue)  % Change (pages)  % Change (revenue)  % Change (pages) 
Apparel & Accessories -14.0 -16.1 -13.7 -19.3
Automotive 13.0 7.5 1.1 -4.9
Direct Response Companies 3.9 -2.5 3.7 -4.3
Drugs & Remedies 15.1 16.4 13.5 7.5
Financial, Insurance & Real Estate 10.3 -4.1 -15.8 -23.4
Food & Food Products 24.9 15.7 15.2 6.1
Home Furnishings & Supplies 23.4 11.2 7.2 -3.3
Media & Advertising 19.1 10.9 5.0 -2.8
Retail 0.2 -11.1 -2.9 -11.6
Technology -25.1 -26.0 -23.7 -30.5
Toiletries & Cosmetics 11.0 5.1 2.5 -5.7
Transportation, Hotels & Resorts 3.2 5.6 -14.3 -12.0
Source: PIB, July 2002 

“We’re very pleased to see a dramatic increase in magazine advertising revenue driven by positive dollar gains in ten out of twelve major advertising categories. We look forward to advertisers’ sustained confidence in the magazine industry,” says Ellen Oppenheim, chief marketing officer of the Magazine Publishers of America.

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