BBC
Magazines is the UKs third largest magazine
publishing company, selling more than 100
million magazines during the year. With more
than thirty regular titles, BBC Magazines
reaches 9.2 million almost one in five
of all UK adults. Circulation increased
overall by 5.4% period on period and 2.2%
year on year in the second half of 2002, outperforming
many in the market.
Along with many strong performances from individual
titles, a major efficiency review during the
year contributed to an 18% profit improvement.
Changes to the structure of the division included
a radical restructuring of Marketing and Advertising.
The first titles to be launched under the
new arrangement are Pop Girl, Radio Times
spin-off Smart TV and Action Hero. |
BBC Magazines
is now well-positioned to maximise its pillar
brands, make acquisitions and launch
a substantial number of new magazines in the
next year. Notable performances from individual
titles included BBC Good Food, which recorded
its fifth successive ABC increase, gaining
6.1% year on year. |