Magazine Launches Outnumber Closures in First Quarter 2014
Despite major tumults in the magazine industry, there are signs of hope as Q1 2014 comes to a close. Nearly twice as many magazines have been launched this quarter as in Q1 2013, according to MediaFinder, a database of over 77,000 U.S. and Canadian periodicals. Forty-five new magazines have launched in 2014, including titles such as Dr. Oz: The Good Life, Newsweek, Sesame Street Magazine, and Branché. Twenty-seven new magazines were launched during this same period in 2013.
Magazine closures are also up compared to last year, though the increase is less significant. Fourteen magazines closed in 2014 compared to nine closures in Q1 2013.
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New York City, March 31, 2014 - In the first quarter of 2014, 45 magazines launched and 14 magazines closed, reported MediaFinder.com-the largest online database of U.S. and Canadian publications.
Compared to the first quarter of 2013, the number of magazine closures was up from nine last year to 14 this year. At the same time, 45 new magazines launched this year, compared to 27 launches in the first quarter of 2013.
"We have seen an encouraging increase in magazine start-ups in 2014, compared to the same period last year," said Trish Hagood, president of MediaFinder.com. "Magazine publishers are succeeding in introducing new magazines and relaunching old magazines across a broad range of subject areas."
In the first quarter of 2014, new magazine launches included Dr. Oz: The Good Life, Newsweek, Branché, Austin Way, Rescue Me, Sesame Street Magazine, Electric Bike Action and OudoorX4. Among the 14 magazines that closed were California Home + Design, Ironworks, and Executive Travel.
Among business-to-business magazines, nine titles launched in the first quarter of this year including Capital New York Magazine and South Florida Executive, compared to four magazines that launched during the first quarter last year. Four b-to-b magazines ceased publication in the first quarter of this year, including American Agent & Broker, while none ceased publication during the same quarter last year.