Magazine Ownership and Regulation

Monday 13th November

LO:
- Research ownership, regulation and institutions involved in music magazines

Publishers:

• IPC Media - Uncut and NME 
• Bauer Media - Mojo, The Box, Downtown Country, Four Music and Q
• Condé Nast - Pitchfork
• Immediate Media - Radiotimes
• Hearst 
• BBC - BBC Music Magazine and Top Of The Pops 

Funding and Profit

• The two main ways that publishers make profit off of magazines, sales and advertising. Sales are either single sell copies, like one copy of their magazine bought in the shop. This doesn't make them much money so they make most of their money from subscriptions through sales as they don't have to pay to go their magazines in the shop. The best way they make money is through advertisements, either getting their magazine advertised in shops or being payed to hold advertisements in their own magazine. Publishers  that own multiple magazines can advertise their own magazines in other magazines they publish.

Ownership

• The majority of magazines are published by 9 companies but their titles make up nearly 75% of the market, this mean they have a massive influence over audiences and their companies will only get bigger as they control most of the market.

Media Regulation and Law

• IPSO are the independent regulator for the newspaper and magazine industry in the UK following the PCC scandal, it stands for Independent Press Standards Organisation.
• IPSO make sure newspapers and magazines follow Editors' code and investigate into complaints made about newspapers and magazines by the public.
• IMPRESS is an independent press regulator in the UK, the first to be recognised by the press regulation panel.
• It also makes sure that magazines follow the editors' code and investigate into complaints about the magazines made by the public.
• Editors Code:

The Future of Magazines

• The biggest change of magazines in the past 20 years is digitalisation. Digitalisation of magazines allows readers to view magazines wherever they like and when they like with ease. No more do they need to go to the shop to buy magazines all they have to do is pull out their phone. The only reason the industry is still alive is due to money and customers wanting the real thing in their hands.