BUSINESS STRATEGIES FOR MAGAZINE PUBLISHING
Business Strategies for Magazine Publishing explores tactics for creating financially sustainable publications in the 21st century. Mary Hogarth, media specialist, Senior Fellow (HEA) and Lecturer in Journalism at Bournemouth University, analyses the historical development of the magazine industry, as well as current and future challenges for publishers, to illustrate different approaches to revenue generation and the maintenance of magazine brands.
The book examines the wide-ranging impact of digital technology on how magazine content is consumed, revealing the dramatic consequences for advertising, distribution and marketing strategies. Traditional business models are evaluated alongside new online approaches and readers will be introduced to the Magazine Publishing Strategic Quadrant, a model created by the author as an alternative to the Business Canvas Model. In addition, in-depth interviews with high-profile industry figureheads and magazine editors, such as Jessica Strawser of Writers Digest and former Good Housekeeping Editorial Director Lindsay Nicholson, offer readers an insight into how to produce and monetise online content. These interviews appear alongside exercises and action plans that give readers the opportunity to put what theyve learned into practice.
With real-world advice and practical activities and resources throughout the book, journalism students and young professionals will find this an essential guide to successfully building a career in the modern magazine industry.
Mary Hogarth is an experienced educator, media specialist and writer, who previously led Features Journalism at Southampton Solent University, before joining Bournemouth University. Mary also runs a consultancy practice, themagazineexpert Ltd, specialising in advising on new title launches, audience engagement, editorial development and developing sustainable magazine business strategies.
Steve Hill is Joint Course Leader of the MA Multimedia Journalism at Westminster University in London. He has worked in technology and business journalism for over 20 years and has written for the Independent, Sunday Express, New Statesman, New Media Age and Web Designer magazine, among many other print and online publications. He has also appeared as a pundit on the BBC News Channel, Sky News, ITN and numerous radio outlets and has written books about technology.
First published 2018
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2018 Mary Hogarth
Monetising Online Content Steve Hill
The right of Mary Hogarth and Steve Hill to be identified as author of this work has been asserted by them in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.
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Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.
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ISBN: 978-1-138-20576-5 (hbk)
ISBN: 978-1-138-20577-2 (pbk)
ISBN: 978-1-315-46457-2 (ebk)
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Below are the biographies of all those who have taken time out of their busy lives to contribute their perspectives. They have carefully answered my in-depth questionnaires, responding with a wealth of knowledge and experience.
Rob Attar is Editor of
BBC History Magazine. After studying history at Bristol and then magazine journalism at Cardiff, he joined the
BBC History Magazine team as Editorial Assistant in 2004. From then on he has held a variety of posts at the title, from Editorial Assistant to Deputy Editor, before taking over from Dave Musgrove as Editor of the magazine in 2012.
Rob has been nominated for several industry awards, and won Editor of the Year in the special interest category of the 2015 BSME awards. He lives in Bristol with his wife and newborn twins.
Ranj Begley is the managing director of Readly UK, the ground-breaking, all-you-can-read magazine service, which has won a series of awards around Europe, including the PPAs prestigious App of the Year.
Ranj built this start-up from the bottom up to its current position where it now deals with all the leading UK publishers, and its rapidly growing consumer footprint already covers 50 territories worldwide. In addition to her UK responsibilities, she is now leading Readlys expansion into new markets around the world.
Prior to founding Readly UK, Ranj held several senior management positions in marketing and business development roles in publishing and fulfilment companies including Dovetail, Highbury House, CDS Global and UBM plc.
David Bostock is an independent media consultant, trainer and lecturer. He started his career in print media, working as an editor and publishing director at Emap (now known as Bauer Media) across a wide range of sectors, including men, music, film, parenting and womens lifestyle. In 2001, he moved into online publishing and launched the Bliss website, which quickly became one of the UKs leading youth websites. More recently, he has led some of the most successful multi-platform digital content brands, including empireonline.com, which is the UKs biggest movie website.
In addition, he was responsible for the business development of parenting brand motherandbaby.co.uk and legendary music brand kerrang.com, leading the team to deliver record traffic levels and increased profitability. As a publisher, he has launched and led profitable magazine, email, tablet edition, eBook, premium rate text and paid app services.
Ben Budworth, Publisher and CEO of
The Lady, held numerous varied roles from traded options market making to helicopter piloting and 12 years in commercial radio before taking over the reins of his great grandfathers magazine.
He recently bought Bylaugh Hall in Norfolk with his partner Helen Robinson, Managing Director of The Lady. After restoring what was once the third largest estate in Norfolk they plan to convert it into a training centre for household staff, from bodyguards and chauffeurs to domestic service staff. When complete the centre will be integrated into