print magazine

Who wants easy, unlimited access to thousands of publications?

You might not, but millions of other people do, apparently.

And the crowd is getting ready to increase more, most likely.

As if there wasn’t enough material to read already, some online publication bundlers are making sure that people have unlimited access to the world’s most important periodicals for one low price.

This week, The Wall Street Journal blog reported that Magzter, a company that provides a single access point for more than 5,000 magazines published around the world, has now introduced a service plan it calls Magzter Gold.

It’s an “all-you-can-read” option that gives subscribers online access to approximately 2,000 publications – many of them top-circulation magazines like ESPN, Maxim, New York Magazine and Forbes – for a flat rate of just $9.99 a month or $99.99 per year.

And access to this huge repository of publications is quick and easy via desktops, laptops and tablets, plus iOS and Android phone apps.

There’s also a plan called Magzter Gold Lite, allowing access to the subscriber’s choice of any five magazine titles (which can be changed from month to month).

The cost of that subscription? $5 per month.

These two new programs are aimed at increasing Magzter’s subscriber base, which already numbers more than 4 million active monthly users.

Magzter isn’t the only company offering online access to a family of publications. Other providers like Readly and Next Issue also offer programs encompassing the stable of magazine titles belonging to various different publishing arms (Condé Nast, Hearst, Meredith, Time).

But none of them have anything like the sheer number of titles Magzter is offering.

Readers of my generation (over the age of 50) grew up with print magazines and are preternaturally drawn to the tactile sensation of reading a physical magazine. But I suspect that publication bundlers like Magzter represent the tip of the spear rather than simply a passing fancy.

The question is whether the changing mode of delivery ends up destroying the actual product that Magzter and others are able to peddle. After all, were it not for the print magazines to begin with, what would these aggregators have to sell?

If what it boils down to is offering fee-based premium content that is no longer tied to a print magazine because the publication is no longer available in hard-copy form, will the quality of that content continue to be as high?

In many — perhaps most — cases, I think it’s doubtful.

If the print magazines that underlie the digital product offerings disappear, it wouldn’t surprise me if millions of readers fall away from subscription services in favor of trolling the Internet for similar content that’s easily available for the bargain price of … goose egg.

For those who are using access services like Magzter or Readly today, would you recommend them to others? Is it the wave of the future? Please share your perspectives with other readers here.

I’ve blogged before about the number of print magazine launches versus closures in the age of the Internet.

Now the latest report from media database clearinghouse Oxbridge Communications shows that when it comes to this most traditional form of media … hope springs eternal.

In fact, Oxbridge is reporting that in the first half of this year, new magazine start-ups outstripped those that ceased publication – and by a substantial margin.

The Oxbridge database, which includes U.S. and Canadian publications, shows that 93 magazines were launched in the first half of 2014, versus just 30 that were shuttered.

True, this represents a lower number of start-ups than is the historical average … but it’s also a lower number of closures.

What specialty audiences are being targeted by these new pubs?

In the continuation of an existing trend, there’s growth in new “regional interest” magazines such as 12^th & Broad (aimed at the creative community in the Nashville metro area) and San Francisco Cottages & Gardens.

Food and drink is another category of growing interest, with publications like Barbecue America and Craft Beer & Brewing hitting the streets for the first time.

And why not? Despite ever-changing consumer tastes and interests, all of us continue to share at least one fundamental trait: We eat!

But on a cautionary note, the smaller list of magazine closures do include two vaunted “historic” titles: Jet (Johnson Publishing) and Ladies’ Home Journal (Meredith).

These closures underscore the point that the magazine industry shakeup continues – and who knows what other famous titles might cease publication during the second half of the year.

As for the biggest reason behind the magazine closures … isn’t it obvious? It’s decreased advertising revenue.

Continuing a trend that’s been happening for the better part of a decade now, Publishers Information Bureau reports that total magazine ad pages declined another 4% in the First Quarter of 2014 as compared to the same quarter of last year.

For the record, that’s 28,567 ad pages for all U.S. and Canadian publications.

While that figure may seem like a healthy total, it’s not enough to sustain the total number of publications out there.

The harsh reality is that print journalism remains dramatically more expensive than digital production. Unless a magazine can obtain enough subscribers to justify its ad rates, the only other way it can survive is to cover its costs via a “no-advertising” business model.

The vast majority of subscribers will never pay the full cost to produce a print publication. And with more free information resources than ever available to them online, many people aren’t particularly inclined to commit to even a subsidized subscription rate.

Indeed, the wealth of free information means it’s more difficult these days even to get qualified business readers to subscribe to free B-to-B pubs that target their own industry or markets.

What changing dynamics would portend a shift in the downward trajectory? It would be nice to anticipate a bottoming-out followed by a turnaround.

Unfortunately, if the past five years have demonstrated anything, it’s that there may be no “natural bottom” when it comes to diminishing advertising revenues in the print magazine business.