US Magazine Revenues Rise 6.3% In September
Total US magazine advertising revenues rose by 6.3% year on year in September, closing at $1.9 billion, according to new figures from the Publishers Information Bureau (PIB). However, advertising pages were down 4.5% to 23,952.
Eight of the twelve major advertising categories experienced growth in ad revenues but only four recorded ad page growth.
| US Magazine Advertising Totals By Category, September 2003 | ||||
| September 2003 v September 2002 | Calendar Year To Date | |||
| Â | % Change (revenue) | % Change (pages) | % Change (revenue) | % Change (pages) |
| AUTOMOTIVEÂ | 23.8 | 12.6 | 24.7 | 19.6 |
| DRUGS & REMEDIES | 13.6 | 8.5 | 20.1 | 13.7 |
| TOILETRIES & COSMETICS | 15.9 | 10.1 | 15.2 | 8.8 |
| APPAREL & ACCESSORIES | 22.8 | 0.3 | 17.6 | 7.5 |
| FOOD & FOOD PRODUCTS | 5.3 | -3.7 | 1.7 | -4.8 |
| HOME FURNISHINGS & SUPPLIES | 5.9 | -3.1 | 17.6 | 1.9 |
| MEDIA & ADVERTISING | 10.5 | -5.6 | -4.6 | -7.7 |
| DIRECT RESPONSE COMPANIES | -17.3 | -11.5 | 8.2 | -2.9 |
| TECHNOLOGY | -6.1 | -8.2 | 1.5 | -3.3 |
| RETAIL | 5.2 | -9.4 | 7.9 | -0.8 |
| FINANCIAL, INSURANCE & REAL ESTATE | -13.6 | -19.9 | -13.0 | -15.4 |
| PUBLIC TRANSPORTATION, HOTELS & RESORTS | -10.2 | -16.5 | -3.8 | -10.1 |
| Source: PIB, August 2003 | ||||
“We are heartened to see continued strength in major ad categories, most notably, Drugs & Remedies, with both pages and revenue up for 21 straight months, followed by Automotive and Toiletries & Cosmetics, up for 16 straight months,” said Ellen Oppenheim, executive vice president of the Magazine Publishers of America. “However, several categories Ââ particularly Financial, Insurance & Real Estate and Public Transportation, Hotels & Resorts Ââ were affected by continued economic turmoil, slow employment recovery and weakened consumer confidence, resulting in an overall decrease in ad pages.”
