The magazine industry in the UK is dominated by several different magazines, below are the circulation numbers of the top music magazines in the industry.
- Mojo ( Bauer Consumer Media ) : 87,555 ; -7.5%
- Q ( Bauer Consumer Media ) : 77,522 ; -12.1%
- Uncut ( IPC Media Ltd ) : 62,305 ; -14.2%
- Kerrang! ( Bauer Consumer Media ) : 42,077 ; -2.1%
- Metal Hammer ( Future Publishing Ltd ) : 35,259 ; -15.7%
- New Musical Express ( IPC Media Ltd ) : 27,650 ; -14.0%
- Hot Press ( Osnovina Ltd ) : 17,688 ; -0.2%
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www.ipcmedia.com/ |
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www.bauermedia.co.uk/ |
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A print screen from Bauer's website |
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A print screen from IPC Media's website |
My magazine would be very similar to how NME is processed and published, this is becuase my magazine is a weekly published magazine, its also aimed at the same audience as NME and the same genre of music.
My chosen publisher would be Bauer Consumer Media as they allready have a wide range of knowledge in the music department from taking on 3 other music magazines, they also do not have a music magazine that is aimed primerilly at the audience that my created music magazine is aimed at, this could be very beneficial to the publisher and the magazine alike.
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The socio economic groups will help me choose and decide the pricing of the magazine and the distribution, below is an extract from a website describing the socio economic groups of today.
Market Research agencies often divide the population into different groupings, based on the occupation of the head of the household, for the purpose of drawing comparisons accross a wide range of people - it is used to see how people in differing socio-economic situations react to the same stimuli. The groups are most often defined as follows:-
A- Higher managerial, administrative, professional e.g. Chief executive, senior civil servant, surgeon
B - Intermediate managerial, administrative, professional e.g. bank manager, teacher
C1- Supervisory, clerical, junior managerial e.g. shop floor supervisor, bank clerk, sales person
C2 - Skilled manual workers e.g. electrician, carpenter
D- Semi-skilled and unskilled manual workers e.g. assembly line worker, refuse collector, messenger
E - Casual labourers, pensioners, unemployed e.g. pensoiners without private pensions and anyone living on basic benefits
This helped me to choose the overall price of the magazine and to confirm the target audience of the magazine itself.
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