More titles launches to maintain total circulation

Eija Ailasmaa, President and COO of Sanoma Magazines, gave her view on the developments on the magazine markets. Interesting figures about the number of launches (590 new titles in 2005 in UK, 150 in 2006 in Sweden), with declining average circulation figures ( -5,4 % for women magazines in The Netherlands during the period 2000-2006) new introductions remain imperative. But introductions are expensive as Portfolio in the USA shows ( estimates range from $100-150 mio). After free newspapers Ailasmaa also referred to free magazines as a major development, Sport in London is a great example, and also cultural city guides or customer magazines. The growth area is online, Sanoma showed a 42% increase over the last period. However online represent today only 5% of total revenues. Nevertheless it will shape the industry according to Ailasmaa.