FishbowlLA FishbowlDC SocialTimes MediaJobsDaily more TVNewser TVSpy GalleyCat AppNewser UnBeige AgencySpy PRNewser 10,000 Words AllFacebook AllTwitter semanticweb.com

Magazines Slump in 2011, See Three Percent Decline in Ad Pages

New York and People had good 2011s, but the overall industry once again found itself in a rut, as ad pages dropped three percent overall. The fourth quarter of the year was the harshest. According to the New York Times, ad pages dropped eight percent from 4Q in 2010.

Nina Link, President of the MPA, told the Times that there were several factors contributing to the drop off in spending as the year went by:

In the second half of the year, ‘advertisers grew more skittish,’ she said in a statement, as they reacted to economic setbacks like ‘diminished consumer spending’ and ‘wild stock market swings.’

Ad pages in the Food and home furnishings/supplies categories dropped the most in 2011, down 17 and 16 percent, respectively.

If you’re upset about the drop in ad spending, we suggest you go to Broadway and 22nd and pound your fists on Restoration Hardware’s windows. That’ll probably make you feel better.

MEDIABISTRO EVENTS

Use Social Media to Market Your Business

Launch a social media campaign that will build your brand and deliver results in our online Social Media Marketing Boot Camp starting June 7. Speakers include Abigail Cusick (Bravo Digital), Gregory Galant (Sawhorse Media), Alex Leo (Thomson Reuters Digital), Jim Tobin (Ignite Social Media), and many more. Read the reviews.