Co: Olivier Charbonneau
Canadian publishers are pumping out more periodicals than ever before and pulling in far greater revenues, according to new data from the Periodical Publishing Survey, which paints a positive portrait of the industry.
Between 1993 and 2003, the periodical publishing industry showed steady gains in the number of magazines, total revenue and circulation.
Industry revenues hit nearly $1.6 billion in 2003, up 22.5% from 1998 and a 56.5% increase from 1993. During the 10-year period, the industry's profit margin rose from 5.0% of revenues to 9.7%.
Magazine publishing activity has increased steadily since 1993 when 1,256 publishers produced 1,678 titles with a total annual circulation of 575 million copies.
Ten years later, 1,633 publishers produced 2,383 periodicals and sold nearly 778 million copies. This 42% increase in the numbers of titles had a positive impact on total revenues. more here -->>
|
