With a few exceptions, such as
New York,
People, In Style, and
in-flight airline titles, magazines had a bad first half of 2008, with newsstand sales
falling 6.3% from last year. Meanwhile, McPheters & Co.'s Study of Public Place Engagement
reports that 45% of all magazine reading is done in waiting rooms, with a total of 57% of pages scanned outside the home.
Also in the media glare:
One more thing to blame for media outlets losing money:
a lack of automobile advertising.
Rolling Stone
shrinks.
The
Baltimore Sun plans an August 24 "reinvention."
Forbes' publisher
steps down.
Discovery Communications
reports a 9% increase in US advertising revenue.