Wednesday, September 26, 2012

Print Thrives Among The Affluent

http://www.audiencedevelopment.com/2012/study+print+thrives+among+affluent
Both old and new media executives may be talking more openly about the inevitability of print’s decline, but for one demo dead trees and ink remain vital. The well-off. According to the 2012 iteration of the Ipsos MediaCT Mendelsohn Affluent Survey, in households making $100,000 and up, 82 percent of the “Affluents” read at least one of the 150 print titles the study tracks. (143 magazines and 7 national newspapers). This well-heeled and well-read segment of 59 million Americans is reading 18.7 issues across 8.2 titles. Despite the digital onslaught, this group showed only a tiny decline in their devotion to print since last year (-1.3 percent). The Ultra-Affluents ($250,000 a year and up) read 25 percent more than the Affluents, generally 23.5 issues over 10 titles.