Online Media: Attitude Industry Flashcards
Introduction to Attitude
British gay lifestyle magazine
Owned by stream publishing
Sold worldwide as a physical magazine, and is available for digital download
Who is Northern and Shell?
They used to publish a range of magazines and newspapers that were ‘tabloidy’ and ‘gossipy’
They also owned a few TV channels including channel 5
Why did Northern and Shell hit financial difficulty?
They started to suffer with financial difficulties, and started to sell off their assets such as Channel 5 and some other TV channels
They started to sell off bit by bit their magazines and newspapers
What is Stream publishing?
Stream publishing is an independent company, and own a range of other titles such as magazine booklets, flyers, and leaflet companies
Small organisation with only 30 employees
Who owns Stream publishing?
Darren Styles is the managing director of Stream publishing
When he took over Stream Publishing, he felt that there was a gap in the market for gay male magazines
He had previously owned the gay lifestyle magazine Winq which is a Netherlands based gay magazine which has performed commercially well
What is the main benefit of horizontal integration?
Concentration of ownership - the more ownership an organisation has, the more opportunity for capital gain
Having ownership of multiple subsidiaries that perform commercially well results in multiple revenue streams
What has Stream Publishing vowed to do with this high concentration of ownership?
Attitude and Winq magazines are going to merge to make a gay media ‘superbrand’ which will publish in 6 countries and 5 languages
Stream publishing achieving commercial growth
They publish many other products too, along with magazines for Flybe, McColl’s, P&O Cruises, and Spar
Independent company meaning more risk and creative freedom
They are vertically integrated, and they own their own printing press, they write and edit all of their own content, and distribute their own products due to no conglomerate interference
Attitude still have the power to be quite creative and independent themselves
Impact of digital convergence
Attitude has a website and online digital editions which is demonstative of the fact that a lot of magazine institutions now must be digital or have to be online to target more modern audiences
What digital technologies is Attitude available on?
There is an iPad version, iPhone version, and you can download it via Kindle through the AppStore
Attitude sell over 11,000 digital copies per month
How much web traffic does Attitude through its online and social media platforms
The attitude website attracts as many as 1.7million unique users a month
Across social media platforms, they have more than 1.2million loyal engaged followers
Expanding on revenue opportunities
They were able to make money from the sales of advertising on the pages in their physical magazine, but now that those print sales are declining, they have to have advertising opportunities online aswell
There is a range of advertising opportunities within their website where companies can purchase a banner or sponsor whole sections of the website
Where is Attitude able to distribute the digital and online edition?
The magazine is sold worldwide and is available for download everywhere including the 73 countries where homosexuality remains illegal
How does having a global presence provide more enriching content?
A digital product can be distributed globally, so attitude often features stories about global travel, other cultures and global LGBTQ issues