2013 US Advertising Growth Includes Print Magazines Too
According to new data from Kantar Media, US advertising spending for Q2 2013 is up 3.5% over the same period in 2012, to $35.8 billion. Cable TV made the greatest gains, up 14.9%, and Spanish-language TV was up 6.1%. On the other side of roster, newspaper advertising is down 4.3%.
The most interesting news to me, though, is the section on print magazines. Ad revenues for consumer magazines are up 1.9%, although (if you want to quibble over the details) they sold fewer ad pages than last year, each one at a higher average rate. And Sunday magazines, the magazines inside newspapers, grew ad revenues by 4.1% — the same rate by which Internet display ad revenue grew.
Digging into individual titles shows more signs of vitality. The September issue of Vogue is the fattest since 2008 — 665 pages of ads — and the September Elle just broke the record for highest page count ever for a Hearst publication. W, Bon Appetit, Allure, Teen Vogue and Glamour all had their best Septembers since the 2008 financial crisis. The Atlantic, with its diversified approach across print, digital and events, is on a tear.
Who’d a thunk it?