Daily Archives: August 13, 2013

Digital magazine readership has risen in 2013.

Lekiosk is an iOS, Android and Windows 8 app that allows consumers to purchase magazines from a rotating 3D news-kiosk. According to new research by Lekiosk, it appears that the number of people reading magazines digitally has risen significantly in 2013.

The ‘Zine on Screens’ report, gathering information from 2000 consumers nationwide, found that one in 20 Brits have purchased digital magazines this year, with this increasing to one in ten among the younger generation, primarily 18-24 year olds.

This spike in digital sales opposes the drop in circulation experienced by a great deal of print publishers. Recently publishers like Bauer Consumer Media saw a discomforting -10.9% YoY decline, while Egmont Magazines saw a surprising 23% growth.

When looking at circulation figures for the top women’s lifestyle magazines for Jul-Dec 2012, we can see that a shocking 28 out of the 38 most popular titles received negative growth, with MORE magazine receiving the worst hit of -39.4% YoY.

Nathaniel Philippe, one of the founders of lekiosk commented on the rising interest in digital magazines produced abroad

Lekiosk Digital Magazines

Source: tech.uk.msn.com

“Digital magazines are easily exported across borders and continents and we’ve seen quite a few users from countries where we don’t source magazines download our apps to get access to the magazines from the countries where we are working with publishers,” he said.

“We’re seeing the start of a trend which could see the digitisation of magazine content drive the globalisation of a wide range of magazines.”

Having to go back and forth between the pages of a magazine, struggling to find some content you are interested in seems extremely time-consuming. Compare this medium to digital editions where the reader can interact with the website and have the information accessible in an easy way, allowing them to automatically go to a desired section i.e. beauty, fashion or property. What seems better? Additionally, sending articles/links to friends to share information is a popular, new trend, a huge bonus of digital magazine editions.

However, despite the decline of print, it still appears to perform a necessary role in the publishing industry.

At the PPA Conference last month, Grazia’s editor-in-chief Jane Bruton and TopGear’s editor-in-chief Charlie Turner were quick to protect print, explaining its significance:

“There will always be a place for magazines,” said Bruton, with Turner adding that magazines are for “expanded and more interesting content that has more value,” before explaining that TopGear often reserves exclusive content as a reward for loyal readers.

In addition, we can appreciate how bringing your tablet into the bath just isn’t the same as taking in a pristine, new magazine and having a leisurely read.

The ‘Rising Stars’ of digital media?

At Four we are always looking for ways to increase the effectiveness of our campaigns.

Visually creative new ideas that encourage audience interactions are being dubbed the ‘the canvasses of the future’ for brand advertising on digital platforms. Needless to say, it is a great way to run a branding campaign that drives user engagement.

As you can see from the chart below, the statistics demonstrate that the click-through rate (CTR) for these rich media banners tends to be significantly higher than standard banners:

Rich Media Banners

Source:http://blog.adform.com/rich-media/is-rich-media-the-key-to-better-engagement/

Some examples of these banners and how they work:

  • Dynamic skins that offer a stimulating background to a webpage.
  • Product carousels that allow the user to scroll through an ad and navigating further accordingly.
  • 3D MPUs literally jump out of the page at you, a sure way to catch the eye of the audience.
  • Gliders that present a floating ad in front of the original article, which can be navigated accordingly by the user.
  • Shutters that play a video advert when a user clicks or hovers over the ad that contain product images and further calls to action, such as ‘view further images’, ‘register now’, ‘click to purchase’ or ‘view more information

Not only do users tend to spend more time engaging with these ad formats, research also shows that users liked the ads more, saying that they improved their impression of the website more than standard banners.

The great advantage of using these ads is that they are deliberately interactive; they are designed to make it as easy as possible to instantly engage with a brand or product. This gives the audience the freedom to interact and explore the advert within a pop-up microsite, without being pulled away from their original article.

Below is an annotated example of an ‘open door’ format created by Adform:

Open Door Ad format

Source: www.adform.com/site/help-and-resources/

News Corp’s new home is the ‘Baby Shard’

Next summer will see News Corporation move into their new home in London Bridge, nicknamed the ‘Baby Shard’. Located in the shadow of The Shard, this building is part of the same £2bn Qatari-funded scheme and was designed by the same architect.

News International has been based in Wapping since 1986 when they moved out of Fleet Street, creating a landmark moment for the British Press.

News Corp in Wapping

Source: mediaweek.co.uk

By moving from Fleet Street, which was the traditional home of the newspaper industry since the 18th Century, Rupert Murdock began the strike that became a yearlong industrial dispute between print unions and News International.

With 17 floors offering 430,000 sq ft of office space, News Corp, will occupy most of the building, with Harper Collins and Dow Jones in the remaining space.

This will be the first time that all of the UK businesses within new News Corp will be under the same roof.

Baby Shard - News Corp

Source: Londonist.com

In support of the move Peter John, leader of Southwark Council said: “I am delighted that News Corp will be moving to such an iconic location in Southwark, bringing new jobs and opportunities to this part of London. The move underlines Southwark’s growing reputation as a place to do business and endorses our work as a council to generate real economic growth.”

With Four Communications having recently moved to the area, it seems that we have set a trend!

The Financial Times are already just around the corner in Southwark Bridge, we have no doubt that this move will only prove to strengthen the relationship Four Media already have with News Corp and open the doors for more opportunities to benefit our clients.

Further to this Robert Thomson, Chief Executive of News Corp said: “Our new London location in the vibrant borough of Southwark will allow us to realize one core objective as the new News – to work more closely and creatively, and leverage our collective resources.”

With IPC also based in Southwark Street it will be interesting to see who else moves into the local neighbourhood within the next year or so as Peter John says: “The move underlines Southwark’s growing reputation as a place to do business and endorses our work as a council to generate real economic growth.”