The self-described "Mr. Magazine," Samir Husni, is mad as hell about "the insane American Magazine Business Model" of undervaluing print pubs by selling magazine subscriptions for almost nothing -- a
trend exemplified by a promotion in which most Hearst magazines were available for $5 a year.
Though not always well-written (Typical blooper: "As an outsider watching our industry struggle to
stay afloat" -- how can he be both an "outsider" and then call the magazine business "our industry"?), Husni's post makes a valid point. "The Audit Bureau of Circulation must go back to counting
subscriptions that count and not just counting," he writes. "A penny paid for a subscription should not count as a paid subscription."
And could the low cost of subscriptions have anything to
do with the fact that newsstand sales of magazines have almost decreased by 47.5% in the last decade, as MediaPost's Erik Sass
reports today?
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Read the whole story at Mr. Magazine blog »