Arlington, VA – Hundreds of millions of adults read news and magazine media each week. That finding and many others can be found in the newly released News/Media Alliance 2023 Market Report: News and Magazine Media: Providing a Trusted, Brand Safe Source for Reaching Engaged & Influential Audiences. The Market Report provides useful facts and figures on the news and magazine media audience and related benefits and advantages for marketers of advertising in print and digital news and magazine media.

A key overall finding of the Market Report is that the inherent value of the news and magazine media audience itself continues to be a huge benefit for advertisers due to their socioeconomic profile and strong purchasing history in several retail categories.

The report highlights the unique qualities of news and magazine media for advertisers, including a brand-safe environment; audience trust in and engagement with the advertising found in their products; a wealthier, more-educated audience than the average U.S. adult; news media reach of more than 116 million U.S. adult consumers, including 44 percent of adults; and magazine media reach of 224 million Americans in 2023.

The Market Report details how news and magazine media provide the best advertising strategies and channels to reach the desired audience(s). The report looks at key demographics of the news and magazine audience, such as income and education, as well as their buying and spending habits and their role as influencers in society which, taken together, make them a must-reach audience for advertisers.

Alliance Vice President of Research & Insights, Rebecca Frank said, “We are excited to have this data to help us evolve the understanding of the value of news and magazine readers for advertisers, which we hope will sustain ad-supported media into the future.”

Today’s news and magazine companies are publishers of original content, providers of marketing services and experts on their readers and communities. Their solutions encompass a variety of customer-focused marketing solutions, from standard print and digital advertising to events, research and marketing services.

“Nowhere else can readers find the quality journalism and content that our members offer,” said Alliance President & CEO Danielle Coffey. “From sports to politics to recipes to games to breaking news to investigative journalism, news and magazine media provide that brand safe environment where marketers can feel confident that their ads will always appear alongside trusted and credible content.”

This is the first combined report on the unified news and magazine media industry under the News/Media Alliance, which last year merged with MPA, the Association of Magazine Media. Alliance members represent many of the largest and most renowned brands in the magazine and news publishing industries representing $45 billion in combined annual revenue.

The 66-page Market Report includes research and statistics from a wide range of sources, including MRI-Simmons, Nielsen Scarborough, Edelman Trust Barometer and more, which paint a comprehensive picture of the value of the news and magazine audience for advertisers.

Highlights from the 2023 Market Report include:

Reach:

• Our products reach hundreds of millions of Americans.
• Print and digital newspaper reach nearly half of all US adults (116 million or 44%)
  • 45% of adult men engage with news media weekly, 43% of adult women.
• The US magazine audience reached 223.6 million Americans in 2023 (print + digital)
  • 87% of US adults have read a magazine in the last 6 months.

Valuable Audiences:

• The news media audience is well-educated and high-income, with a median household income $8K higher than the national average.
  • News audiences who access news via web/apps/mobile are younger (half are under age 44) and even higher-earning individuals.
• Nearly 9 in 10 Americans of all age groups have read magazine media in the past 6 months, with numbers increasing as age decreases.
  • Black, Hispanic and LGBT Americans all read more print magazines per month than the U.S. average.

Trust:

• Traditional media sources are more trusted than owned and social media.
• Magazine readers are trusted by their communities and influence others’ purchases and make recommendations.
  • Readers prefer magazines to internet, TV and radio on the topics of healthcare, automotive, vacation, finance, and food.

Spending Habits:

• News media reach not only high-value consumers, but those who make high-end purchases.
  • News media reach 58% of households that own or lease a hybrid or electric car, 58% of households that own stocks, and 51% of shoppers who spent $2500 or more on internet purchases in the past year.
• Nearly 8 in 10 magazine readers who see an ad in their magazine take an action as a result.
  • One in four readers looked for more information about the product/service, and one in five visited the advertiser’s website.

The Market Report is available exclusively to Alliance members on its website here (member login required). Advertisers and other who are not Alliance members who are interested in obtaining a copy of the report can request it here.

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Media Contact:
Lindsey Loving
Director, Communications
lindsey@newsmediaalliance.org

The News/Media Alliance is a nonprofit organization representing more than 2,200 news and magazine media organizations and their multiplatform businesses in the United States and globally. Alliance members include print and digital publishers of original journalism. Headquartered just outside Washington, D.C., the association focuses on ensuring the future of journalism through communication, research, advocacy, and innovation. Information about the News/Media Alliance can be found at www.newsmediaalliance.org.

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This Q&A provides additional background information and answers to common questions about the News/Media Alliance 2023 Market Report: News and Magazine Media: Providing a Trusted, Brand Safe Source for Reaching Engaged & Influential Audiences.

Q: What is the Market Report and what does it contain?

A: The 2023 Market Report from the News/Media Alliance is a comprehensive research report that provides revealing facts and insights that help inform publishers and advertisers about the value of our members’ products.

The 2023 Report features newly published data about news and magazine media, including audience size and demographics, reader consumption behavior, shopping trends, and more. The report grew out of previous work done by the News/Media Alliance, specifically the News Advertising Panorama and Magazine Media Factbook (member login required).

Q: Who is the audience(s) for the Market Report?

A: The audience for the Market Report includes those working in or with the news and magazine industry, including in advertising, marketing, editorial, audience engagement, and other aspects of providing engaging content to readers. There are hundreds of useful data points in the Market Report to help you gain additional insight into who, what, when, where and why readers engage with news and magazine media, including ads.

Q: Why did you combine the separate news and magazine reports?

A: We know that all publishers – news and magazine outlets, print and digital – face similar challenges and can help one another to position themselves for success. As our organizations merged in 2022, we represent a unified industry working toward shared goals, and so moving forward, we will release the data in a combined Market Report.

However, the report still breaks out separately data that is specific to news or magazines.

Q: What are the main highlights of the Market Report?

A: We see the most important findings that members and advertisers alike can draw from the report as laddering to four larger categories:

1. Audience Size: News and magazine media reach hundreds of millions of Americans.

• Print and digital newspapers reach nearly half of all US adults (116 million, or 44 percent).
  • Forty-five percent of adult men and 43 percent of adult women engage with news media each week.
  • Magazines reached 223.6 million Americans in 2023 (print + digital).
    • Eighty-seven percent of U.S. adults have read a magazine in the last six months.

2. Audience readership composition + demographic info: News and magazine media reach a wide group of valuable consumers.

• The news media audience is well-educated and higher income, with a median household income that is $8,000 higher than the national average.
  • News audiences who access news via web, apps, and mobile are younger (half are under age 44) and even higher earning.
• Magazines reach an engaged audience of young and diverse consumers.
  • Eighty-seven percent of white adults, 88 percent of Hispanic adults, 89 percent of Black adults, 91 percent of LGBT adults and 92 percent of Asian-American adults read magazines in the past six months.
  • Eighty-nine percent of Americans under age 35 and 90 percent under age 25 also read magazines in the past six months.

3. Opportunities for advertisers: News and magazine media reach people looking to make big ticket purchases and who take action on information they get from news and magazines.

• News media reach not only high-value consumers, but those who make high-end purchases.
  • News media reach 58 percent of households that own or lease a hybrid or electric car, 58 percent of households that own stocks, and 51 percent of shoppers who spent $2,500 or more on internet purchases in the past year.
  • Nearly eight in 10 magazine readers who see an ad in their magazine take an action as a result.
  • One in four readers looked for more information about the product/service, and one in five visited the advertiser’s website.

4. Trust: News and magazine publishers earn readers’ trust and they share our products with their friends and families.

• Traditional media sources are more trusted than owned and social media.
• Magazine readers are trusted by their communities and influence others’ purchases and make recommendations.
  • Readers prefer magazines to internet, TV and radio on the topics of healthcare, automotive, vacation, finance, and food.

Q: What else can I expect in the Market Report?

A: Other data in the Market Report include: Information about audience size and growth, reader demographics, purchase and spending behaviors, voting behavior, perceptions of news and magazine products, reader trust in news and magazine media, including ads; opinions about advertising fit with news and magazine content; and actions taken after seeing ads in news and magazine media.

Q: Where did the data come from?

A: Data and statistics in the 2023 Report came from some of the most trusted research companies in the field, including Nielsen Scarborough, MRI-Simmons/GfK, and Edelman.

Q: How can people use the Market Report?

A: Our vision for the Market Report and its predecessors has always been to inform any and all activities that publishers are using to help sustain their businesses. Examples include developing presentations and Media Kits for advertisers, developing new local outreach strategies, and refining advertising client targets based on these data points.

Q: Can I use content straight from the Market Report in my own presentations, and do I have to get permission first?

A: Yes! Members can use full slides or certain charts and graphs from the Market Report within presentations and in internal and external communications. We just ask that you attribute the information to “News/Media Alliance, 2023 Market Report, November 2023.” You do not have to get formal permission first.

Related Articles:

Press release: New Market Report from News/Media Alliance Provides Trends, Insights on Valuable News & Magazine Audience for Advertisers

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The latest research, trends and insights on the news and magazine audience for marketing and advertising professionals

The News/Media Alliance is pleased to provide the 2023 Market Report: News and Magazine Media: Providing a Trusted, Brand Safe Source for Reaching Engaged & Influential Audiences. The Market Report provides updated research trends and data points that highlight the continued enthusiasm for news and magazine media, as well as the strong credibility and trust news and magazine media enjoy with their readers. The Market Report’s insights on readership and audience preferences aid news, magazine and advertising professionals in their collaboration and enhancement of their advertising efforts.

The Market Report, published by the News/Media Alliance, represents many of the largest and most renowned brands in the magazine and news publishing industries, representing over 2,200 print and digital publications in the United States and globally, and over $40 billion in annual revenue.

News/Media Alliance members:

Access the Market Report – member login required.*

Non-members / Agencies:

If you are not a member of the Alliance, but you are interested in requesting the 2023 Market Report, please submit a request here for consideration to receive a copy.

* If needed, you can reset your Alliance password here. Please email membership@newsmediaalliance.org if you require assistance or have any questions.

Related resources:

View the press release on the 2023 Market Report here.

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Arlington, VA – The News/Media Alliance applauds the Canadian government for today’s deal with Google for its payment for the use of valuable news content on its Search platform. The amount negotiated is reported to be $100 million per year, down from the $172 million called for by the Canadian government.

The Canadian government passed legislation (C-18, the Online News Act) earlier this year that requires Big Tech platforms such as Google and Meta to pay news publishers for the use of their content. The Online News Act is due to take effect in December.

“This is a very big win for Canadian news publishers and shows that Google will commit to paying fair market value for quality journalism,” stated News/Media Alliance President & CEO Danielle Coffey. “This proves, yet again, that legislation is the only path to sustained right to payment for the fair market value of our quality content. The U.S. must stand up for our vibrant journalism industry and not fall behind other countries. Big Tech cannot continue to harm local news. Congress must protect our democracy and our constitutional right to a free press by implementing legislation that will help sustain quality journalism in America.”

Canada is the latest in a string of countries around the world that have recognized the need to protect quality journalism and passed legislation requiring the tech platforms to pay news publishers for use of their content, including Australia, the United Kingdom, and the European Union.

The Canada bill and today’s deal build momentum for the California Journalism Preservation Act (CJPA – AB 886, introduced earlier this year by California Assemblymember Buffy Wicks (D-Oakland)) – the goal of which will be discussed at an informational hearing next week – and the federal Journalism Competition and Preservation Act (JCPA) (S.1094, reintroduced in March by Senators Amy Klobuchar (D-MN) and John N. Kennedy (R-LA)) in the U.S. The Senate Judiciary Committee voted favorably in June for the JCPA, which would allow digital journalism providers to collectively negotiate with Google and Facebook for fair compensation for use of their valuable content.

The JCPA has broad support, not only in Congress in both the House and the Senate, but also from over 300 consumer interest groups, unions, conservatives, advocacy groups and third-party organizations that have sent letters of support for the JCPA to the bill sponsors.

The tech platforms are the dominant distributors of news content, reaping tremendous financial benefit without compensation to those who create the content. They also capture the majority of U.S. digital ad revenue, leaving local publishers with little to reinvest in the production of high-quality journalism.

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The News/Media Alliance is a nonprofit organization representing more than 2,200 news and magazine media organizations and their multiplatform businesses in the United States and globally. Alliance members include print and digital publishers of original journalism. Headquartered just outside Washington, D.C., the association focuses on ensuring the future of journalism through communication, research, advocacy, and innovation. Information about the News/Media Alliance can be found at www.newsmediaalliance.org.

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“As I boarded an Amtrak train back home from Washington, D.C. last Thursday morning, leaving a city bracing for a potential (ultimately averted) government shutdown amid a debate checkered with misinformation, the capitol’s dysfunction and discord provided an appropriate backdrop to the urgent mission that had brought me there. The News/Media Alliance, an industry advocate, organized last week’s D.C. trip to push for the Journalism Competition and Preservation Act (JCPA), a vital bill that needs to pass.” Read more.

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“Peekskill Herald Publisher Regina Clarkin was in Washington, D.C. earlier this week to meet with key Senators and Congressional representatives to advocate for bills and ideas to help save local journalism. Clarkin joined local publisher Adam Stone of Examiner Media along with Emily Sachar and Walter Mullin of The Daily Catch in Red Hook, NY as part of a delegation of some 80 newspaper publishers from across the country. The publishers were invited to Washington by the News Media Alliance, a trade association representing 2,000 newspapers whose members include the largest publishing companies, both newspapers and magazines, in the country.”  Read more.

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This monthly newsletter is focused on sharing cutting edge stories, trends, topics, and social media posts with unique perspectives and new ideas that have the potential to translate to opportunities for news and magazine publishers. Stories and posts we share might cover topics as wide-ranging as Web3, podcasts, startups and technology, online advertising, and more. Click the links below to access current and past editions. I hope you enjoy and please let me know what you’re seeing out there that you see as up and coming for the news industry. Drop me a line at rebecca@newsmediaalliance.org.

Rebecca Frank, VP, Research & Insights, News/Media Alliance

To receive ‘Expanding the View’ in your email inbox each month, click here to subscribe.

Current Issue:

June 2023 – This month, I haven’t been able to stop thinking about one particular essay about the “creator economy.” To those of us working in “old media,” the idea of a single person, armed with a brain, a laptop, and the ability to distribute to the whole internet has long been positioned as “the future.” But in this insightful piece, Renée DiResta examines how the conditions of our current era – technological and reader attention-based – have led so many individual creators to become what DiResta calls “propagandists.” The piece is worth reading for anyone who believes in the value of fact-based news, and also the business model that supports it. Keep reading.

Past Issues:

May 2023 

April 2023

March 2023

February 2023

January 2023

November 2022

October 2022

September 2022

August 2022

July 2022

June 2022

May 2022

April 2022

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Arlington, VA – The Senate Judiciary Committee has favorably voted 14-7 for the bipartisan Journalism Competition and Preservation Act (JCPA) (S. 1094), which would allow digital journalism providers to collectively negotiate with Google and Facebook for fair compensation for use of their valuable content. The tech platforms are the dominant distributors of news content, reaping tremendous financial benefit without compensation to those who create the content. They also capture the majority of U.S. digital ad revenue, leaving local publishers with little to reinvest in the production of high-quality journalism.

“For too long, Big Tech has profited from using news content on their platforms, without paying the creators of that content. The JCPA will give small and local publishers a seat at the table and channel critical revenue to them to help sustain the high-quality journalism Americans need and depend on,” said News/Media Alliance President & CEO Danielle Coffey. “We applaud Chairwoman Klobuchar and Senator Kennedy for their enduring commitment to preserving journalism and their ongoing support of the JCPA. We applaud the Senate Judiciary Committee’s passage of this monumental legislation for journalism publishers across our country.”

The JCPA has broad support, not only in Congress in both the House and the Senate (16 co-sponsors in the 118th Congress to date, on both sides of the aisle, with 90 total co-sponsors in the previous Congress), but also from over 300 consumer interest groups, unions, conservatives, advocacy groups and third-party organizations that have sent letters of support for the JCPA to the bill sponsors.

In January, seven leading journalism, media, and pro-consumer antitrust advocacy organizations – including the News/Media Alliance, National Newspaper Association, America’s Newspapers, Authors Guild, American Economic Liberties Project, Inter American Press Association, and the Radio Television Digital News Association – sent a joint letter to President Biden urging him to call on Congress to advance the JCPA. The letter outlines the plight of local news, in which news publishers have been forced to play by Big Tech’s rules of the digital advertising playing field for years, resulting in the loss of more than a quarter of U.S. newspapers since 2005 and the spread of news deserts across the country. In their letter, the groups underscore the importance of passing the JCPA as the best solution to ensuring news publishers are compensated fairly for use of their content by the dominant tech platforms.

In addition, over 24,000 individuals have signed a Change.org petition for the bill and over 1,000 editorials and op-eds in support of the JCPA have been published in newspapers in 48 states across the country. In a poll of 1,000 U.S. adults conducted last spring by Schoen Cooperman Research for the News/Media Alliance, 70 percent of Americans said they support Congress passing the JCPA.

Claims made about the bill by the opposition are unfounded and not supported by the text of the legislation. Under the JCPA, jobs will be created; news outlets will publicly disclose funds received and how it is spent; payment will not be required for links; and platforms will not be forced to carry extreme content. The JCPA will lead to open and vetted compensation for digital journalism outlets for the fair market value the platforms receive. The Myths and Facts around these claims are important to honest and productive discourse.

The Alliance thanks Senator Klobuchar, Senator Kennedy, and all of the co-sponsors of this bill for their leadership in pursuing this legislation and for their commitment to a free press.

The markup proceedings can be viewed here.

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The News/Media Alliance is a nonprofit organization representing more than 2,000 news and magazine media organizations and their multiplatform businesses in the United States and globally. Alliance members include print and digital publishers of original journalism. Headquartered just outside Washington, D.C., the association focuses on ensuring the future of journalism through communication, research, advocacy, and innovation. Information about the News/Media Alliance can be found at www.newsmediaalliance.org.

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Meta’s threat to take down news is undemocratic and unbecoming. We have seen this in their playbook before and they have been publicly admonished in other countries for this behavior, including Canadian Prime Minister Trudeau who criticized Meta’s threats, stating that it showed how “deeply irresponsible and out of touch they are.” As the tech platforms compensate news publishers around the world, it demonstrates there is a demand and economic value for news. These threats were attempted before when the Australian government passed a similar law to compensate news outlets and faced substantial public backlash. The Australian law resulted in countless jobs for local journalists and $140 million to news outlets,  Moreover, stating the CJPA funds would go to “slush funds” is blatantly false. Under the bill, 70 percent of funds must go to journalism jobs. This is why the Media Guild of the West voted unanimously to support the bill.

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