ABCs: Celebrity titles continue to struggle as weekly magazine sales slide 12.8% on last year
Zavecz: “It’s a tough market for everybody.”
Circulations of celebrity titles have continued to be hammered according to the latest Audit Bureau of Circulation figures, with Pacific Magazines CEO Peter Zavecz admits its a”a tough market”.
Overall, the number of print weekly magazines sold fell from 1.367m per week in the January to March period of 2015 to 1.192m in the same period this year – a drop of 175,626 or 12.8%.
Speaking to Mumbrella Zavecz said: “It’s a tough market for everybody. People only look at the advertising result, it’s not the only source of revenue. That’s the unique position of magazines.
