Well here we are again. I am gazing at the 166 page ABC report for consumer magazines. It’s late on a Thursday afternoon and I can feel my eyes zoning out. The last set of results released in the summer solicited the comment from MEC’s press director, Rob Lynam: “I think that’s one of the worst ABCs I’ve ever seen, if not the worse.”
Glossy Girl
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I am not big on research…well unless it’s the sort of robust sampling research used by some of my favourite mags on what’s hot and what’s not in the style stakes.
IPC Media posted a 12% increase in operating profits to £51.3 million last year, with revenues up 1.5% to £356 million.
Hearst Magazines has reported pre-tax profits of £12.4 million for 2010, more than nine times its profit of £1.3 million reported in 2009.
NEW: Another six months of tables and tables of data have hit my inbox. Almost 100 pages of numbers – nearly the same number of pages as Grazia – but with none of the pictures, products and ads to look at…