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Pace of magazine closures increases

Published on .

New York—Publishers launched 187 new magazines in the first half of this year, but a greater number of titles—279—folded during that period, according to MediaFinder.com’s database of U.S. and Canadian periodicals.

Business publications accounted for 46 of the new launches and 100 of the shutterings. “The number of new magazines has slowed compared with the first quarter, while the number of closings has increased significantly.

Since March 31, 77 magazines have been launched, while 184 have folded, compared with 110 launches and 95 closings in the first quarter,” Trish Hagood, president of Oxbridge Communications and MediaFinder, said in a statement.

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