Hearst and Condé Nast Hit the Hardest as Newsstand Sales Drop

It's hard out there for a print.
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Tyler McCall
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It's hard out there for a print.
A shot of foreign titles on newsstands in 2013. Photo: Mario Tama/Getty Images

A shot of foreign titles on newsstands in 2013. Photo: Mario Tama/Getty Images

It was another hard year for the print industry as newsstand sales fell by 11 percent over the course of 2014, according to MagNet

Of the big publishing houses, Hearst and Condé Nast were, perhaps unsurprisingly, hit the hardest, posting 18.8 percent and 14.8 percent decreases, respectively. Time Inc. fared a bit better, posting just a 3.4 percent loss.

The main driver of these losses was a push on the part of major publishers to increase circulation numbers by slashing newsstand orders and instead offering lower-priced subscriptions. Another unfortunate cause: distributor Source Interlink closed down in May causing major service disruptions to wholesalers and leading to publications printing 16.7 percent fewer magazines. MagNet says that had the distributor not closed down, newsstand sales would have dropped only 7 percent, instead of 11; but that newsstand sales are already recovering from the disruption. At least things are looking up somewhat.