Magazines: Industries & Men's Health
To explore the Industries context for Men's Health we need to study Hearst publishing and look at the impact of digital media on the print magazine industry.
This means interrogating why the internet has had such a devastating effect on certain print brands and why some other magazines are continuing to thrive in the digital age. We also need to spend some time on the Men's Health website and consider the similarities and differences to what we've found in the print version of the magazine.
Notes from the lessons
Men's Health UK is published by Hearst Publishing UK, a subsidiary of Hearst Communications.
Hearst Communications is an American media conglomerate based in New York that is over 130 years old and is still owned by the Hearst family.
It owns a range of media and business information brands including American newspapers, magazines (e.g. Cosmopolitan), half of the A&E Network TV channel and 20% of US sports broadcaster ESPN.
It employs 20,000 people and its 2016 revenue was $10.8 billion.
The impact of digital media on the magazine industry
Some key questions:
Suggestions for SWOT analysis of the impact of digital media on magazines:
Hearst UK has posted losses in recent years due to the decline in the magazines market.
Men’s Health has also declined in recent years from a circulation high of 228,000 in 2008 to 146,000 now. However, it has moved up and down in recent years (dropping to 160,000 in 2016 before going up to 180,000 in 2018) which shows decline is not necessarily inevitable.
Men's Health - Industries case study blog tasks
This is a comprehensive case study covering a range of Industry contexts. It is divided into three sections: Hearst publishing, the impact of digital media and Men's Health online platforms. You will need to allow for at least two hours to work through the following tasks.
Hearst publishing
Research Hearst publishing by looking at the Hearst UK website and the Wikipedia entry for parent company and conglomerate Hearst Communications.
1) Hearst UK is part of Hearst Communications. What is Hearst Communications and where is it based?
2) What media industries and brands make up the Hearst Communications conglomerate?
This means interrogating why the internet has had such a devastating effect on certain print brands and why some other magazines are continuing to thrive in the digital age. We also need to spend some time on the Men's Health website and consider the similarities and differences to what we've found in the print version of the magazine.
Notes from the lessons
Men's Health UK is published by Hearst Publishing UK, a subsidiary of Hearst Communications.
Hearst Communications is an American media conglomerate based in New York that is over 130 years old and is still owned by the Hearst family.
It owns a range of media and business information brands including American newspapers, magazines (e.g. Cosmopolitan), half of the A&E Network TV channel and 20% of US sports broadcaster ESPN.
It employs 20,000 people and its 2016 revenue was $10.8 billion.
Hearst Publishing UK
Hearst UK publishes over 20 magazine titles including Men’s Health, Cosmopolitan, Elle, Esquire, Good Housekeeping, Inside Soap and more.
Hearst UK brands reach 30% of UK women and 25% of UK men. They sell over 4m magazines a month and have 17m UK digital unique users.
Hearst UK has also diversified into events and other licensed brand extensions (e.g. Esquire Townhouse pop up members club, Country Living sofas and Men’s Health home gym equipment).
The impact of digital media on the magazine industry
Some key questions:
- Why has digital media (the internet) had such a devasting effect on the magazines industry?
- When did YOU last buy a magazine?
- Who IS buying magazines?
Suggestions for SWOT analysis of the impact of digital media on magazines:
- Strengths: Magazine brands are well established to diversify online, audiences already know and like them.
- Weaknesses: Print publishers do not have the expertise or knowledge of digital – it is a very different medium.
- Opportunities: Magazines can find new audiences online.
- Threats: Audiences will stop buying paper products and expect everything online for free.
Digital media has had a devastating effect on the print magazines industry.
- Print sales fell by 42% from 23.8m to 13.9m between 2010 and 2017.
- Back in 2000, sales were over 30m – signalling a 55% decline in just 17 years.
- Advertising in consumer magazines has fallen from £512m in 2010 to £250m in 2017.
- Google and Facebook now dominate online advertising (they account for 65% of the UK digital ad market).
As a result of these changes, many magazines have closed.
Digital media: Hearst and Men’s Health
Men’s Health has also declined in recent years from a circulation high of 228,000 in 2008 to 146,000 now. However, it has moved up and down in recent years (dropping to 160,000 in 2016 before going up to 180,000 in 2018) which shows decline is not necessarily inevitable.
Men's Health - Industries case study blog tasks
This is a comprehensive case study covering a range of Industry contexts. It is divided into three sections: Hearst publishing, the impact of digital media and Men's Health online platforms. You will need to allow for at least two hours to work through the following tasks.
Hearst publishing
Research Hearst publishing by looking at the Hearst UK website and the Wikipedia entry for parent company and conglomerate Hearst Communications.
1) Hearst UK is part of Hearst Communications. What is Hearst Communications and where is it based?
Hearst Communications, frequently alluded to just as Hearst, is an American broad communications and business data combination situated in New York City. Hearst claims papers, magazines, TV slots, and TV channels, including the San Francisco Chronicle, the Houston Chronicle, Cosmopolitan and Esquire. It possesses half of the A&E Networks link system gathering and 20% of the games link system bunch ESPN, both in association with The Walt Disney Company
Hearst Communications is comprised of enterprises, for example, Cosmopolitan, Esquire and ESPN. It likewise possesses First Databank and Homecard Homebase.
The worldwide income for 2016 was $10.8 billion.
Hearst UK are additionally in charge of the arrival of print magazines, for example, Cosmopolita, Men's Health, Esquire and Good Housekeeping. Altogether more watchers read these magazines online contrasted with print perusers, with 17m advanced clients in the UK. Hearst UK marks additionally achieve 30% of UK ladies, and 25% UK men.
5) What is James Wildman's plan for Hearst UK?
To develop share in print to stem decrease, quicken development in advanced, enhance incomes through occasions and organizations, and take a gander at acquisitions
They will confront promotion decreases of over 10% this year, cash is streaming to Google and Facebook, and online influencers are wearing down print brands.
I figure we should charge for our superior substance," he says, refering to "the most exceptional formula chronicle" at Good Housekeeping for instance. In any case, he says no paywalls are arranged at this point.
"expansion looks the most ideal approach to grow."Hearst runs roughly 100 occasions every year, which enables them to draw in bigger crowds by giving them the chance to encounter the brands.
9) Is Men's Health increasing or decreasing in circulation?
Men's Health has encountered a 1% expansion available for use.
These solid outcomes, and the way that few of our magazines are expanding their readership, feature the phenomenal quality and proceeding with intrigue of our print items. We are exceptionally glad to expand our market initiative position, and this top tier execution is demonstration of the inattentiveness of our article groups and proceeded with interest in our print items.
The impact of digital media on the print magazines industry
Read this BBC website feature on the print magazine industry and then this Guardian feature on the demise of NME magazine and print magazines in general.
1) Why are traditional print magazines struggling?
Read this BBC website feature on the print magazine industry and then this Guardian feature on the demise of NME magazine and print magazines in general.
1) Why are traditional print magazines struggling?
Magazine deals have for the most part been falling since the day the designer of the web stated: "Hello, for what reason don't I imagine the web?", because of the ascent of advanced media, conventional print magazines have been battling.
News and current undertakings magazines are winding up increasingly prevalent - yet VIP, tattle and style distributions are as yet battling.
Excitement and tattle magazines seem, by all accounts, to be the class of magazines that are battling the most. For instance, NME have quit distributing their magazine now following 66 years of being in the print business.
Offers of the best 100 effectively obtained print titles in the UK – those that perusers purchase or buy in to – fell by 42% from 23.8m to 13.9m somewhere in the range of 2010 and 2017. Since the beginning of the web period in 2000, the decay is 55% from 30.8m, as per the Audit Bureau of Circulations.
Google and Facebook represent 65% of the $6.5bn (£4.7bn) UK advanced showcase advertisement advertise. They are likewise choking endeavors by magazine and paper distributers to construct their computerized promotion incomes by taking about 90% of all new spend.
one system is to manufacture a brand past their center print distribution.
7) Why does the Hearst UK CEO James Wildman suggest that the magazine industry is not dead?
Print productions that are focused towards a specialty group of spectators are in every case prone to in any case have a fanbase and faithful readership, in light of the fact that the interests reflected in these magazines wouldn't really be demonstrated anyplace else.
New income streams are being found through making a more extensive scope of items under the distribution's image name
how they presented progressively touchy subjects has implied that Men's Health has stayed effective in the computerized age
The Men's Health website and social media
Visit the Men's Health website, Twitter feed and Instagram. You may need to complete this part of the case study at home if it is blocked in school.
1) What similarities do you notice between the website and the print edition of the magazine?
the VIP on the spread is extremely strong and cliché. the spread lines about greater arm are comparable
it has the every day does of wellbeing news, weight reduction tips and exercises. by individuals buying in it enables them to get cash.
incorporates exercises, muscle, wellness and so forth this fortifies generalizations of what a perfect man should resemble.
keep a collected mind: this is focused for all the more a more youthful crowd as thy care about their appearance yet at the same time discussing facial hair o can be focused at a more seasoned group of spectators as well.
they are attempting to manufacture their advanced group of spectators as it would enable them to focus on a more extensive crowd. anyway individuals probably won't read it as they like having the print form as that is the thing that they are known for.
they utilize celebrated applicable effects on their spread as individuals are bound to purchase and peruse a magazine that has their good example on their as they need to resemble them.
this is distinctive as their feed has a bigger number of recordings and pictures than content. they do this to interest their group of spectators.
I think it is a more youthful age on the grounds that since they use Instagram the most. their print form is more for the more seasoned age as thy are the ones bound to go out and purchase a duplicate
it is valuable for them to fabricate a computerized group of spectators as they can focus on a more extensive crowd as more individuals utilize web based life.
I think they have been effective as they utilize diverse stage to target various spectators which additionally challenges their really target group of spectators
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