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Magazine publishers see print sales boost due to coronavirus

13th April 2020
Media Ink has learned magazine publishers got an unexpected boost to their US newsstand sales last month — thanks to all the coronavirus panic buying.

Executives at a slew of publishers, including Condé Nast, Meredith and Hearst, say COVID-19 hoarding actually helped boost March sales as shoppers looking to buy whatever they might need to shelter in place added glossies into their carts.

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(Headline reproduced courtesy of New York Post – Media Ink article dated 7th April 2020)

As Magazines Seek New Footing During the COVID-19 Crisis, the Newsstand Tries to Hang On

The drop in (US) newsstand sales has been precipitous and consistent, double-digit year-over-year declines have been par for the course for more than a decade. Still, there have been outliers, such as good performers at Bauer Media Group with Women’s World and First for Women, as well as Meredith’s People, along with a shrinking list of other titles that are still able to generate worthwhile revenue.

But now, as COVID-19 continues to disrupt every corner of the economy, questions about the viability of the newsstand are glaring.

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(Headline reproduced courtesy of Folio article dated 7th April 2020)

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