Will Impress Periodical Closures Cut Freelance Writing Jobs Too Rates?
In today's Digital Age tech-savvy readers prefer to teach their data inwards digital form, non paperback or impress form. Their reading habits maintain to disrupt the traditional publishing model of impress media. It's becoming a glaring fact that the issue of impress magazine titles may eventually spend upwards to a dot where publishing companies laid about to unopen downwardly their impress operations as well as snuff it solely digital, or merely snuff it out of business.
Thanks (or no thanks) to mobile devices, Internet availability, as well as immediate access to "packaged" as well as "pushed" content alongside transparent transactions, readers are becoming to a greater extent than accustomed to reading their magazines online.
Casting a Shadow of Failure: the Newspaper Industry
Look dorsum at the paper manufacture from 2001 to now—we tin witness the industry's gradual, unstoppable spend upwards equally the Internet became to a greater extent than mainstream as well as paper publishers failed at embracing a novel publishing model to attain younger readers as well as attract advertisers.
From 2001 to acquaint hateful solar daytime an untold issue of newspapers inwards the USA accept folded, mainly a effect of the proliferation of websites offering immediate "free news" or "cheap news," non to advert the lower toll of publishing as well as distributing digitally. Of course, nosotros tin blame the global recession (2008-2012) on also stimulating bankruptcies as well as closures.
Earnings of newspapers accept continued to tumble, which accept plummeted to $34 billion inwards 2012, roughly one-half of revenues inwards 2000. Will magazines follow the ho-hum expiry of newspapers, perchance to emerge equally digital-only counterparts or disappear into eternity?
Fewer New Magazines inwards 2013
According to interrogation released this calendar month past times MediaFinder.com, publishers accept launched fewer magazines than e'er inwards 2013, compared to past times years. The goodness intelligence is that fewer magazines accept folded—but this also indicates that fewer magazines are left standing to close.
In June (this year) impress publishers launched 83 magazines equally opposed to 114 inwards the same catamenia of 2012. Publishers also closed 27 magazines, continuing the measuring that saw 44 magazines unopen downwardly final yr for the same 6 calendar month period. Approx. xiv magazines appeared equally digital-only products inwards the minute one-half of 2013, compared to nineteen digital-only titles during the same catamenia inwards 2012.
More Closures as well as Consolidations to Come
Trish Hagood, president of MediaFinder, attributed the closures to "industry consolidation"—meaning that some publishers are folding existing magazines together. For example, Meredith Corp. bought Babytalk (est. 1935), Parenting (est. 1987), as well as Conceive (est. 2004) magazines from Bonnier Corporation. Meredith directly unopen downwardly those publications, merging subscriber lists as well as content into its existing magazines. UBM unopen downwardly InformationWeek (est. 1979) as well as CRN (est. 1982), thus moved Game Developer magazine (est. 1994) to digital only. InformationWeek as well as CRN are digital only now, too.
Other magazines that accept ceased, folded into some other title, or accept turned into digital-only products inwards recent months include: Caribbean Travel & Life magazine (est. 1986), MuscleMag (Robert Kennedy Publishing, est. 1974), Newsweek (est. 1933), Spin magazine (est. 1985), American Artist magazine (est. 1937), Sporting News (est. 1886), Whole Living magazine (est. 2004), Healthy Cooking magazine (est. 2008), Nintendo Power magazine (est. 1988), PlayStation: The Official Magazine (est. 1997), Maryland Life magazine (est. 2005), PhotoMedia magazine (est. 1988), Yoga International magazine (est. 1990), as well as now PCWorld magazine (est. 1983), and More! magazine (Bauer Media, est. 1998). See an updated listing of dead magazine markets at my blog.
How Might Freelance Writers Be Affected?
Consolidations as well as closures could brand selling articles to editors to a greater extent than competitive as well as hand publishers less incentive to pay writers what they're worth. Right at nowadays editors commonly purchase 2 types of publication rights from freelance writers for the same article: First Serial Rights (for print) and First Electronic Rights (for digital). Publishers pay a competitive charge per unit of measurement to expose the article inwards the magazine, as well as also pay a smaller fee to include it online. Sometimes publishers may also purchase "reprint rights" to include the same article inwards sis publications alongside similar content, or pay "foreign rights" to include it inwards international impress editions. If publishers create upwards one's hear to consolidate their portfolios of magazines, ditch their impress editions, as well as snuff it solely digital, writers may lose out on selling a diversity of series rights to their articles, non to advert having less magazines to pitch articles to.
Special Interest Magazines Are Thriving
Some segments of the magazine manufacture are asset their own, fifty-fifty expanding for now. For example, manufacture experts reported that luxury, lifestyle, food, as well as regional magazines are experiencing steady-to-strong growth. Even equally Meredith consolidates its portfolio of parenting magazines, the fellowship is expanding into titles similar Allrecipes.com (which volition before long snuff it a impress magazine). Other publishers include: ModernLuxury.com launching Beach magazine, The Daily FRONT ROW launching The Daily Summer magazine, as well as Manhattan Media launching Avenue on the Beach magazine.
These magazines are thriving because they target specific interests as well as readerships, as well as advertisers are willing to pay a few thou dollars for a unmarried advertizing to seat their products or services inwards front end of these readers.
That tendency is goodness intelligence for savvy freelancers. If you lot target your efforts toward the trending segments, arrive at character piece of job unopen to hot topics similar food, luxury, shopping, as well as regional-interest pieces, you lot tin ameliorate your chances of selling your piece of job to such magazines.
For intelligence on magazine closures or launches, catch my Tumblr Blog, WritingCareer.com
I welcome your comments, corrections, or suggestions. Please operate the Comments shape below.
Sincerely,
101writer101
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