Single-Copy Magazine Sales Fall 10 Percent in First Half of 2013
The Alliance for Audited Media finds that newsstand magazine sales are down 10 percent from a year ago.
According to a new report, total paid and verified magazine circulation in the first half of 2013 declined by approximately one percent.
Single-copy sales, however, dropped by 10 percent.
Weekly tabloids saw some of the largest losses with People falling 11.8 percent, and Us Weekly, 16.7 percent.
O, The Oprah Magazine, saw newsstand sales plummet 22.7%!
Though hard-copy sales are on the decline, digital replica-editions now make up 3.3 percent of total circulation.
For the first half of 2013, magazines reported 10.2 million digital editions, nearly double the 5.4 million reported over the same period in 2012.
In a week that saw the New York Times take a 93% loss on the sale of the Boston Globe, Newsweek's remaining assets sold to an all-digital publisher, and the Washington Post's fire sale to Amazon founder Jeff Bezos, the report on magazine sales punctuates the decline of legacy media.