Sunday, June 28, 2009

Canadian Living and Canadian House & Home are top newsstand performers

As someone who has complained long and hard about the dearth of good, consistent Canadian magazine industry data, I want to acknowledge the good data that we do get. I would include in that the annual revenue rankings of Masthead and the annual tally of single copy sales that the distributor Coast to Coast publishes. It gives us an excellent opportunity to see where things stand and, sometimes, it's not a pretty picture. For one thing, it demonstrates the overwhelming domination of that precious retail real estate by spillover titles from U.S. publishers.

The Canadian Newsstand Boxscore, now in its third year, ranks the top 2,000 publications -- Canadian, U.S. and foreign -- by total unit sales and dollars.

At first glance it is obvious that only 5 of the top 25 titles by 2008 sales are Canadian-published and one of those, Hello! is really a franchise, a partnership between Rogers Publishing under license from a Spanish company. Hello!, in the box score, is Canada's highest selling single copy seller by total copies, with just over 3 million copies annually. Compare that with the next largest Canadian title, Canadian Living, with 1.4 million.

Similarly, the top-selling magazine in the country would appear to be People magazine, which sells twice as many copies (6.2 million) as Hello! and 10 times as many copies as Maclean's or Chatelaine.

But you get a much different picture if you rework this valuable data another way, in terms that (in my opinion) make comparison even more meaningful. By comparing the published annual sales and revenue figures for newsstands with titles' own published data for frequency, rankings shift substantially and Canadian titles do much better, even though they continue to be swamped by U.S. competitors.

For instance, Cosmopolitan is actually Canada's top seller, moving twice as many magazines per issue as People. And Canadian Living and Canadian House & Home rank 6th and 7th rather than 15th and 16th and outstrip Hello! which, far from being Canada's top-seller, is 21st, rather than 9th in terms of per-issue newsstand sales.

Here is the re-crunched 2008 data:

Per issue Copies Dollars
1 Cosmopolitan 230,550 $ 1,287,797
2 People 126,319 $ 635,758
3 O Oprah Magazine 99,202 $ 570,409
4 Maxim 74,116 $ 456,976
5 In Style 76,021 $ 455,369
6 Canadian Living 116,074 $ 429,661
7 Canadian House & Home 65,144 $ 387,605
8 Star 76,151 $ 376,672
9 In Touch 125,664 $ 375,736
10 Men's Health 56,542 $ 338,685
11 Woman's World 147,241 $ 331,291
12 Vanity Fair 56,643 $ 317,903
13 Hustler Canada 24,395 $ 311,769
14 Style At Home Group 53,664 $ 301,227
15 US Weekly 59,931 $ 287,071
16 National Enquirer 60,647 $ 286,589
17 First For Women 89,228 $ 266,790
18 Glamour 53,260 $ 265,766
19 People Style Watch 46,590 $ 232,482
20 Life & Style 69,850 $ 208,853
21 Hello 59,417 $ 197,831
22 OK Magazine 38,575 $ 153,916
23 Globe 32,409 $ 153,048
24 The Economist Group 9,607 $ 72,054
25 Maclean's 9,285 $ 58,760

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