Consumer magazines pulled about 18.5 percent of the total ad spending in 2007, up about 1 percent compared to 2006.
The only other medium to achieve that much growth in terms of total share was internet display advertising (which does not include search), which grew from 6.4 percent in 2006 to 7.4 percent in 2007, according to the Magazine Publishers of America.
All other non-digital media except for outdoor showed declines in terms of share.
Overall advertising expenditures for 2007 rose 0.3 percent versus 2006 (per the latest U.S. advertising revenue data from TNS Media Intelligence). Also per TNS, the share of total revenues for TV slipped 0.45 percent to 44.2 percent, newspapers fell a little more than 1 percent to 17.4 percent, and radio’s was down 0.3 percent, to just over 7 percent.
The MPA is claiming its Magazine Marketing Coalition’s ad campaign promoting the value of advertising in consumer magazines a success: Since 2004, the year before the campaign launched, consumer magazines’ advertising share has risen 2 percent. The goal of the coalition was to raise magazine advertising revenue share by at least 1 percent by the end of 2007.
“Despite concerns over a softer economy, and with overall ad expenditures for 2007 relatively flat, the growth in ad share for consumer magazines demonstrates that advertisers recognize the power of our medium,” said Nina Link, president and CEO of the MPA. “And not only are magazine print properties holding their own, the digital extensions of our brands are certainly benefiting from the rise in internet spending as well.”
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