Wednesday, April 10, 2013

MPA on PIB Numbers

While it's important to consider that Magazine Media now encompass myriad of platforms and reader commitment stays strong, it's with some optimism that we report that print magazines saw an advertising revenue lift in Q1 2013, despite continuing softness in paging. This is the first ad revenue uptick in nearly two years, according to the latest PIB numbers. More than 61% more titles posted PIB revenue and page gains compared to Q1 2012. In addition, the Food & Food Products ad category registered an increase in both ad page and revenue for the first time since Q3 2010, and Technology, down three of four quarters last year, showed double-digit ad dollar and page growth in Q1 2013.