There are three main categories of media institutions when it comes to magazine publishers. The three categories are major publishing, independent publishing, and self-publishing. The research I undertook showed that all three categories have strengths and weaknesses. I had to think about which option would most efficient for my kind of magazine.
Major
publishers have a lot of impact, as well as power within the market place. According to Karl Marx 'Power resides with
those who have ownership and control of the means of production and
distribution' which in this case refers to the distribution of magazines around
the world. Within the UK there are two major publishers which are EMAP and IPC.
They have a lot of power within the market place, as they offer products to both
niche and mass markets. They publish one of the most famous Indy rock magazines
known as NME however they also have a wide product range from fitness magazines
to lifestyle magazine to the Nuts magazine. They successfully reach a lot of demographics. There is another very
popular major publisher; Bauer Media Group. This media institution operates in
15 countries worldwide. They publish Q and Kerrang!, Which are very well
established and influential music magazines.
Independent publishing typically target niche audiences, as they do not
own the means or resources to aim for a mass audience. An example of an
independent publisher is The
Church of
London they distribute 'huck' lifestyle magazine.
The number of people involved in making an independent magazine is much smaller
compared to the ones of major magazines. This means that they are very
passionate about the few magazines they produce and take a lot of pride in the
detail, as well as design of their magazines. Unfortunately, due to the smaller
team it is very difficult to produce the magazine as they can only rely on a
few people. Independent publishers have more control of what goes into their
magazine, and how it is designed and presented. This is an advantage as it
means you are the one in control of what your magazine portrays and represents.
Another advantage is that most of the profit would be going to you.
The third publishing
option is self-publishing. Self-publishing means it is published by the author.
There are two types of self-publishing; fanzine and ezine. A fanzine is a
magazine, (usually produced by amateurs) for fans of a particular interest. An
example of a fanzine is 'Sniffin Glue'. An ezine is a magazine that is published
electronically on the internet, in the form of a blog or directory. Self-publishing
is good as it is very easy, which means anyone can do it and access it. It also
has no production costs meaning you would not lose any money. However, self-publishing
means you do not have any resources or funding from others. The only way to
gain revenue is through advertisements and subscriptions.
I have decided to choose the major publishing (EMAP) route.
Karl Marx stated ‘Power resides with
those who have ownership and control of the means of production and
distribution’. Therefore to ensure maximum success and profit it is
ideal to take this route. Also EMAP do not own a hip hop music genre magazine so
there is a gap in the market. Also I and EMAP will benefit from the deal. As
they have all the effective resources which can raise awareness to my magazine.
Also my demographic are mainstreamers so it will not affect the product if they
decide to alter the content. The magazine does not necessarily have to be extremely
unique like 'huck' magazine because they target hipsters. Overall they will
help my magazine gain high readership because they established brands with
loyal consumers.
Major publishing is preferred by many due to the advantages. This
includes specialist staff, who are experienced in working with certain
demographics. Major publishers also have more economic support than other
publishing options, meaning they can guarantee to get the best quality pictures, articles and printing. This would
result in maximum revenue. Major publishers are also very established which
means they have brand loyalty. This means that people are more likely to purchase the
magazine if it is distributed by a well-known name. Another advantage of major
publishing is that they are often horizontally and vertically integrated
meaning they can promote the magazine on different media platforms. This is an
example of synergy, which allows the major publishers to stay powerful within
the market place. This reinforces ‘Karl Marx’s’ statement
On the other hand, there are also disadvantages to major publishing. You
will have less freedom with the content of your magazine, as you will be working
with a large corporation. Therefore, you will have to make compromises in order
for the magazine to be successful. It would also be hard to find a gap in the
market,
as majors already own many different magazines with varied demographics. This
would mean that even if your magazine does get published, it may not find the coverage it
needs, resulting in money being lost.
Independent publishing typically target niche audiences, as they do not
own the means or resources to aim for a mass audience. An example of an
independent publisher is The
Church of
London they distribute 'huck' lifestyle magazine.
The number of people involved in making an independent magazine is much smaller
compared to the ones of major magazines. This means that they are very
passionate about the few magazines they produce and take a lot of pride in the
detail, as well as design of their magazines. Unfortunately, due to the smaller
team it is very difficult to produce the magazine as they can only rely on a
few people. Independent publishers have more control of what goes into their
magazine, and how it is designed and presented. This is an advantage as it
means you are the one in control of what your magazine portrays and represents.
Another advantage is that most of the profit would be going to you.
However, there are also disadvantages. Independent publishers often have
a lack of resources such as technology, finance and people. Another downside is
that your brand is not established, meaning consumers are not loyal your
magazine. Therefore you have no guarantee that people will purchase your
magazine. As independent publishers are not horizontally and vertically
integrated, they heavily rely on the internet and word of mouth, in order to
gain recognition. If independent publishers start a title and it becomes
successful enough to be recognised, major publishers may make an offer and take
ownership of the magazine.
The third publishing
option is self-publishing. Self-publishing means it is published by the author.
There are two types of self-publishing; fanzine and ezine. A fanzine is a
magazine, (usually produced by amateurs) for fans of a particular interest. An
example of a fanzine is 'Sniffin Glue'. An ezine is a magazine that is published
electronically on the internet, in the form of a blog or directory. Self-publishing
is good as it is very easy, which means anyone can do it and access it. It also
has no production costs meaning you would not lose any money. However, self-publishing
means you do not have any resources or funding from others. The only way to
gain revenue is through advertisements and subscriptions.
I have decided to choose the major publishing (EMAP) route.
Karl Marx stated ‘Power resides with
those who have ownership and control of the means of production and
distribution’. Therefore to ensure maximum success and profit it is
ideal to take this route. Also EMAP do not own a hip hop music genre magazine so
there is a gap in the market. Also I and EMAP will benefit from the deal. As
they have all the effective resources which can raise awareness to my magazine.
Also my demographic are mainstreamers so it will not affect the product if they
decide to alter the content. The magazine does not necessarily have to be extremely
unique like 'huck' magazine because they target hipsters. Overall they will
help my magazine gain high readership because they established brands with
loyal consumers.
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