New York, NY (August 9, 2004)--Total magazine rate-card-reported advertising revenue for the month of July 2004 closed at $1,356,582,642, an increase of +11% compared to July of last year, according to Publishers Information Bureau (PIB). Ad pages totaled 15,003.84, closing at +3.1% over July 2003. Year-to-date, rate-card-reported revenue closed at $11,147,991,751, an increase of +7.8%, with ad pages totaling 123,673.63, registering a +0.8% gain.
Half of the 12 major advertising categories recorded both page and dollar increases in July. Last months increases were led by double-digit page and rate-card-reported revenue gains in the Media & Advertising; Financial, Insurance & Real Estate; Home, Furnishings & Supplies; and Public Transportation, Hotels and Resorts. (Twelve categories are the most significant contributors to PIB revenue, comprising approximately 85% of total advertising spending.)
CLASS NAME
January - July 2004 vs. 2003 (Click here for Magazine Totals)
Year-to-date, five of the 12 major advertising categories saw an increase in both pages and revenue over the same seven-month period in 2003. The strongest performers were Financial, Insurance & Real Estate; Media & Advertising; Food & Food Products; and Public Transportation, Hotels & Resorts.
2003 DOLLARS
CHG
% CHG
2004 PAGES
2003 PAGES
AUTOMOTIVE
1,229,827,761
1,222,295,982
7,531,779
0.6
12215.7
12867.1
-651.4
-5.1
DRUGS & REMEDIES
1,063,435,638
1,043,422,954
20,012,684
1.9
9184.1
9295.6
-111.5
-1.2
TOILETRIES & COSMETICS
994,012,966
954,385,558
39,627,408
4.2
9332.1
9458.4
-126.4
-1.3
FOOD & FOOD PRODUCTS
896,282,492
794,614,633
101,667,859
12.8
6493.2
6031.3
461.9
7.7
HOME FURNISHINGS & SUPPLIES
865,042,768
853,391,501
11,651,267
1.4
8653.5
8916.5
-263.0
-2.9
APPAREL & ACCESSORIES
822,465,290
739,699,419
82,765,871
11.2
11384.2
11137.9
246.3
2.2
DIRECT RESPONSE COMPANIES
756,457,550
744,227,772
12,229,778
1.6
9708.8
9956.7
-247.9
-2.5
MEDIA & ADVERTISING
723,472,714
593,008,196
22.0
6590.3
6051.9
538.5
8.9
TECHNOLOGY
607,903,904
604,227,728
3,676,176
6947.4
7248.1
-300.7
-4.1
FINANCIAL, INSURANCE & REAL ESTATE
561,118,071
451,392,786
109,725,285
24.3
6305.9
5477.2
828.7
15.1
RETAIL
558,829,391
514,728,510
44,100,881
8.6
6924.0
6942.0
PUBLIC TRANSPORTATION, HOTELS & RESORTS
534,118,715
437,956,631
96,162,084
7667.1
7274.5
392.7
Magazines third month of sustained growth can be attributed to overall improvement in the economy, as well as consistently strong performances by a number of major ad categories, commented Ellen Oppenheim, Executive Vice President/Chief Marketing Officer, Magazine Publishers of America. Financial, Insurance & Real Estate in particular, up for the fifth month, benefited from ads for banks and investment services. Public Transportation, Hotels & Resorts, also an economically sensitive category, saw increases across a range of sectors, including hotel, airlines, cruises and destinations.
Expanded PIB information is available at www.magazine.org/PIB.
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