During its board meeting last week, the Audit Bureau of Circulations approved a rapid circulation reporting service, called ABC Rapid Report, Mediaweek writes.
With the new online reporting service, subscription, single-copy sales, circulation, and total paid information will be available as soon as four weeks following the magazine’s on-sale date. ABC member titles may begin using the free, optional service for its July-dated issues. Over 35 individual titles are still beta-testing the service.
“Magazine publishers enthusiastically support this new ABC initiative,” said David Leckey, executive vice president of consumer marketing at American Media Inc. “While print remains the most engaging of media, we recognize that advertisers have other choices. ABC’s Rapid Report service will allow us to be more responsive to market demands, provide greater accountability to our advertisers, and demonstrate the superb value of print media.”
The agency also approved a new agent compliance program to assess business practices like record keeping and transaction processing.
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