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Advertising
revenues surge to record levels for publishers in 1999
March
27, 2000 - The Magazine Publishers of America, the industry association
for consumer magazines, reports that advertising in 1999 in the U.S. grew
to USD $15.5B, a whopping record increase of almost 13% over 1998.
When the Sunday newspaper magazines, like Parade and the New
York Times Magazine, are added to the total, the final U.S. advertising
revenue adds another billion dollars to top out at $16.5B (yes, with a
B).
In dollars of the thirteen advertising categories tracked, nine showed
growth. The three top categories were:
| Retail
|
54%
growth |
| Cigarettes
and tobacco |
31% |
| Media
and advertising |
25% |
In page count, the
top three categories were:
| Retail
|
$4.1B |
| Media
& advertising |
$2.1B |
| Financial,
insurance and |
$1.9B |
The January and February
2000 figures, which are just in, show that the trend is continuing. February
alone brought in $1.2B in revenues. The MPA is excited over the double-digit
growth of 15% over February 1999 with a 12% increase year-to-date over
the same time last year. "Our year-to-date growth of 15.4% has far exceeded
the 4.9% growth posted last year at this time," said Christine Miller,
Executive Vice President of Marketing.
The MPA is the industry association for the consumer magazine business
and has as one of its missions to be the marketing force to increase the
share that magazines capture of advertising dollars and of reader time
and money. It states it represents more than 240 U.S. publishing companies
with approximately 1,400 titles and more than 80 international companies.
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