Luxury magazines finally face digital headwinds

The luxury magazine market, for so long a well-heeled haven from the turmoil facing the rest of the print media industry, could be about to confront the same headwinds battering other magazines and newspapers. Analysts say that glossy magazines such as Vogue, Harper’s Bazaar and Vanity Fair are starting to see a shift in readers and advertisers to online social media platforms such as Instagram and Facebook. But they are also being hit by forces specific to the industry that has for so long offered them protection.

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Telegraph finds way to profits in age of digital disruption

The Daily Telegraph is a rare beast: a British newspaper that makes healthy profits. All around it, the news industry is being upended by plunging revenues from print advertising and the migration of digital advertising to Facebook and Google. But in 2015, the Telegraph Media Group made a £48m pre-tax profit on a turnover of £320m, a slight improvement on the £46m it made in 2014. It is still Britain’s biggest-selling quality daily paper, though its print circulation has fallen from its peak of more than 1m papers a day in the early 2000s to 457,331 in February, according to the Audit Bureau of Circulation.

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The Times subscriptions sales jump 200%

The Times has seen subscriptions sales jump 200 percent in the last year, since it pivoted from publishing on a breaking-news cycle to a digital editions-based publishing strategy a year ago. Subscriber churn is also at a record low, down 4 percentage points compared to the previous year, according to Catherine Newman, chief marketing officer at The Times and Sunday Times. Last summer, total print and digital paying subscribers rested at 413,600, according to the publisher. And in the first half of 2016, new paying-subscriber sales rose 200 percent compared to the first half of 2015

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Axel Springer plans pan-European Upday news service

Axel Springer is to expand its mobile news service Upday from four to 16 countries in Europe this year, as the German media group accelerates its shift into digital publishing. Upday, a news aggregator that uses human editors as well as an algorithm to select news stories, was developed as part of an exclusive partnership with Samsung and launched in Germany, Poland, the UK and France last February.

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Newspapers Have Made This Bed — Shouldn’t They Sleep In It?

In the decade running up to 2015 the UK’s local and national newspapers (excluding the Financial Times) saw revenue roughly halve to just over five billion pounds. There you have it. Newspapers are making half the money they used, and the only area in which revenues are significantly growing is digital — and there are a whole heap of issues for them there

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Flashes&Flames: Here is the answer newspapers are not looking for

Display and classified revenues once swelled the profits of daily newspapers but also wrecked the relationship with their readers who became mere statistics with which to sell advertising. Readers (sometimes attracted as much by classified jobs ads as by journalism) became less important than advertisers who provided up to two-thirds of revenues and often 100% of profits

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Still in vogue: luxury magazines defy print market gloom

With 100-year-old Vogue and design and lifestyle bible Wallpaper producing their biggest-ever issues – and “handbag” size pioneer Glamour seeking to bulk up to a bigger, glossier edition – the luxury magazines appear to be defying the advertiser and reader exodus rapidly eroding the rest of the magazine market

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The future of newspapers: owners seek safety in numbers

The outlook for print advertising has gone from bad to worse. Print newspaper ad spending in the UK, for instance, is set to fall by £135m to £866m this year, even steeper than the £112m drop in 2015, says Enders Analysis. “These are big numbers,” says Douglas McCabe, an analyst at Enders. “This is not advertising that is going to come back.”

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Can Axel Springer do the ‘impossible’?

“The soul and spirit of the company Axel Springer is journalism. We serve our readers with independent and critical information and advice as well as good entertainment. Through our media offerings we are making a contribution to the strengthening of freedom and democracy. “

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Telegraph warns of ‘intense competition’ from Facebook and Google

The owner of The Daily Telegraph’s view of the trading environment in its newly published annual accounts was more bearish than a year ago. TMG described how print publishers now have a “less certain” role because of “competition from the proliferation of free digital content and the increasing role of large-scale digital platforms in distributing and aggregating content”, particularly on mobile

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