Future publishes half year results
Future plc, a global platform for specialist media, this week published its results for the half-year ended 31 March 2024.
Consumer magazines spent most of the past two decades managing decline. The more confident publishers have stopped doing that. Newsstand sales and print advertising are still shrinking, but well-made titles with loyal readers are raising cover prices and growing.
Scale matters less than it did. Bauer has made Grazia a more premium product and charged more for it, while independents such as Anthem have put print back at the centre of the business and grown their export sales. Stylist has changed format several times without losing its readers. Others have gone the other way, and Gay Times dropped print entirely to build a global audience online.
For most consumer publishers, print is our USP. It’s the anchor that makes advertisers trust us and the very thing that readers want from us.
Jon Bickley Our print strategy: Anthem
Behind the confidence sits some hard arithmetic. Newstrade is now a small share of revenue and events and ecommerce are growing from a low base. Trust has become a selling point as AI fills the web with content of uncertain origin, but the paid-for consumer model that works at scale is still being worked out.
Below you'll find some of our best feature articles on consumer magazines, from premium print and cover pricing to brand extensions, membership and the future of specialist titles, alongside our latest news and industry commentary.
For a while now, magazine publishers have been on the defensive, unsure about the viability of their traditional business model in a fast-changing world. Katie Vanneck-Smith wants to change all that.
We asked Tamar Riley, portfolio managing director at Immediate, what does best practice publishing look like in consumer media? This is what she said…
For premium titles like Grazia, Mojo and Empire, growth is increasingly coming not from extending reach but from deepening engagement with existing passionate audiences, as Lauren Holleyoake tells Ciar Byrne.
The printed magazine will be a cherished part of people’s lives for years to come, says Jon Bickley, co-founder and CEO. That is why it’s the key component in Anthem’s publishing strategy.
With the arrival of AI and the widespread availability of unattributable content, specialist publishers need to ensure that their titles are the trusted go-to brands in their sectors, Our Media’s Andy Marshall tells Ciar Byrne.
Stylist’s mission has been clear from day one: to engage with its female audience in an intelligent, positive and non-exploitative way. 16 years on, and current PPA Media Brand of the Year, they are staying true to those values, says Lisa Smosarski.
Gay Times was stuck in a rut, tied to its traditional publishing model and reaching only a small part of the LGBTQ+ community. Under the editorship of Lewis Corner, that began to change, as he explains to Ciar Byrne.
Whatever the rest of 2024 holds, two things are certain. Firstly, the bumpy economic ride will continue. Secondly, the need for media companies to have a broad base of revenue streams has never been more important or more challenging to achieve.
How do you create a specialist consumer media business that is fit for the future? What steps do you need to take to be resilient and flexible as audiences and technology evolve? Carolyn Morgan researched 20 innovators from across Europe to find out.
For many publishers, circulation is all about chasing volume, but they would be much better off chasing profitability, says Natalie Smith, client relationship manager at Warners.
Future plc, a global platform for specialist media, this week published its results for the half-year ended 31 March 2024.
Ahead of the 2024 FIPP World Media Congress, we grab five minutes with FIPP MD Alastair Lewis to get his thoughts on the outlook for magazine media.
It’s one thing to have lots of data but quite another knowing what to do with it.
Big Issue Group says it is supporting 10% more people to earn and work as UK poverty crisis deepens.
Future has announced the appointment of Sharjeel Suleman as chief financial officer.
Earlier this month the shortlist for the BSME Talent Awards 2024 was announced, revealing those in the running for some of the most prestigious prizes in magazine publishing.
InterGo Group’s John Bardsley has been announced as a new trustee to industry charity Newstraid.
Guide Dogs has partnered with Beano to create better understanding of the impact of sight loss.
Columbia University has announced the 2023 Pulitzer Prizes, awarded on the recommendation of the Pulitzer Prize Board.
Onetag, a global programmatic curation platform, has announced three senior additions to the team.
Libraries can purchase perpetual access to British Film Institute’s Sight & Sound Magazine.
Luke Robins has been appointed UK head of industry fashion, luxury & beauty at Condé Nast.
Alpen and Immediate have launched a media-first Dream Garden Makeover targeting healthy living enthusiasts.
To mark the 100th anniversary of the Good Housekeeping Institute, the VIP membership invites women to ‘Join The Club’ with a host of print, digital and red-carpet experiences on offer.
Founder Simon Elliott says he wants to help publishers produce a high enough volume of video at a low enough cost to serve and grow audiences while attracting sponsors.