Net Loss of 92 Magazines So Far in 2009

MediaFinderAccording to MediaFinder.com, an online database owned by Oxbridge Communications, there were 187 new magazines started in the first half of 2009.  But there were an unprecedented number of magazines folding, 279, which means a net loss of 92 titles.

The magazine category faring the worst was regional publications with 27 titles closing, including DENVER LIVING, FLORIDA INSIDE OUT, OCEAN DRIVE EN ESPANOL.  The lifestyle category saw 14 titles shuttering, business saw 10, including Conde Nast’s PORTFOLIO.

Trade magazines were not spared with construction-related titles hit the hardest with 18 magazines gone due to the difficult conditions in the American real estate market.

And, if you for some reason don’t believe this is an exceptional year, consider this: The number of major, well-known titles that closed in the first six months of 2009 was double the number that closed in all of 2008.

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