As predicted, magazine sales at newsstands dropped 6.3 percent in the first half of the year according to the Audit Bureau of Circulations.
It seems that there was no specific genre unaffected affected by the drop in sales, but two pop culture favorites did see favorable returns.
What is the cause of the widespread newsstand slump? As our sister publication portfolio.com says, high gas prices are an obvious likely culprit -- putting both a strain on the consumer’s extraneous spending habits as well as the cost of wholesale shipping -- and it could also simply be that more and more people are forgoing the luxury of glossy print for online.
Subscription sales bumped up the numbers in overall circulation, but it looks like they’ll need a few more scandals, controversial covers or the highly coveted celebrity baby photos to make up for losses in the second half.
