In our last posting I kissed off the 3 billion dollar US
Magazine Industry. Pardon me for that. I’ve been huffing kale again. (See a
previous issue of the New Yorker.) Having three actors who can essentially pull
the plug on the whole game is not good news in any industry, however history
provides us with few examples of consumer products which have disappeared simply
due to distribution problems. If there’s a demand for something, someone will
find a way to get it to the buyers. Moreover, the industry figures cited in our
last blurb was for the retail magazine business only. The actual business of
providing people with discretionary reading material, by whatever means, is
still healthy. If anything , the
production of such is fairly booming. It’s the making money on it part which is
proving problematic.
Current history may prove history wrong. In the Future Shock
world in which we live, the once prominent Recording Industry has almost
entirely evaporated. True, there still are such things as CDs and Radio
Stations, but in a world wherein any boob can You Tube or ITunes publish their
songs, who really needs record labels? Not too many people, it seems. Yet the
labels and stars seem to have slogged on in their way. Whereas few of even the
top acts are grossing much from the point of purchase sale to the consumer of “records”
(a commodity which it is easy to avoid paying for), the actual performance of
music is still quite lucrative. At least it is for the 1% of the acts who can
make their livings that way. What we are seeing today, however, is that most of
the drawing acts matriculated their way up through the old process. Our current
live music scene is headlined by nostalgia performers, people fronting
recreations of product that was popularized before the floor caved in on the
old ways. Without an actual Recording Industry the minor leagues of the process
have entirely dried up. No one is going to discover your garage band because
there is little incentive to do so—there is no money in selling your
recordings. Your actual product is now the sale of tickets to a live show,
something that is hard to scale up. Cue the half naked dancing girls, which is
all the Recording Industry is out to promote these days.
I am now sounding very old.
Woe to all of you aspiring Tangerine Dreams and Pink Floyds
and Pretenders and Singer Songwriter types out there. Without pendulous boobies
to shake, your future is relegated to shuffling through your samples on your
Moogs by yourself for all eternity! The format of the “record”--or music
created to be listened to in recorded format--is DEAD.
(Did I mention that I hate musicians? It’s sort of a thing
with me. I don’t hate them as a caste. And I don’t hate the idea of musicians.
But most of the musicians that I have met have turned out to be low lifes.)
All of that said, all of what I just said could turn out to
be total nonsense. The only people who truly miss the Recording Industry are
cocaine dealers. But since the death of the industry, other than Nostalgia, all
that’s been making the rounds are burlesque reviews. If there is a paying
market for “Concept Albums” or pieces recorded by acts who don’t tour, it has
yet to manifest. So the death of a particular format or product type is
possible.
To get back to print, most people under the age of 20 have
never read a magazine. Most people under the age of 30 do not read magazines or
newspapers. To quote Frank Munsey, it looks like the entire periodical sector
is the “dead cock in the pit.” We could state the obvious--that’s it’s all
going to the web and what isn’t on the web will have little future.
There is a problem. The web is fine for text. It not fine
for what we call in the trade “composition”—the interplay of text and words on
the page. Due primarily to the different device outputs, one really can’t
compose much on the web. Given what
passes for composition in most magazines, perhaps the whole art going the way
of the Concept Album is due. Outside of comic books and comic strips,
composition isn’t absolutely essential to most magazine genres.
It is perhaps in the examples of comic strips and comic
books that we may see the future of print itself. Back in the late 1970s comic
books started to be dropped by magazine distributors. The form had been in
circulation free fall since the late 1950s and by the middle 1970s there was a
question amongst retailers whether or not they justified shelf space. The
number of titles in wide circulation began to taper off, with the children’s titles
being swept away by cardboard story books first. Soon comics were starting to
get rare.
So they left the newsstands. Today few newsstands or general
retailers handle comic books. Their semi scarcity spawned a new distribution
system, first focusing on used bookstores and then independent bookstores and
then a category of specialty merchants. (Very long story made short.) Comic
books also benefited from the fact that they recycled well in print. One story
could appear across several formats—the comic book and reprint amalgamation of
comic book stories in the form of Graphic Novels. (Again long story made
short.) Although this might not be the most important factor in the survival of
comic books, it is notable. Comic books have survived in print as print
oriented entities.
Their elder cousins the comic strips have not fared anywhere
as well. Devoid of newspapers, the three panel format has lost its relevance.
Unlike the spot cartoon, which does double duty as a contained graphic element,
the three panel sequence requires regular reader conditioning. As it was constructed for the newspaper in the
first place, the comic strip has gone into decline in tandem with its host
medium. Although many comic strip characters remain in the public spotlight, no
new strip has achieved widespread popularity in some time. I think there is
still some demand for the comic strip in print form, but as it stands the form
is as dead as rock music. No one is going to discover the next Garfield or
Bloom County or Peanuts because no one is reading the newspapers.
It should be noted that the money in comic books and comic
strips hasn’t been in their production.
The money is in licensing. When it comes to comic strips, the authors
make more off reprint books, calendars and “other image merchandise” than they
do off of syndication rights. Currently the syndication hole is shrinking and
much of the net aggregation does not filter back to the creator. And the medium
doesn’t translate to the computer, to be blunt. Again, all of this money goes
out the window if no one ever sees the damn strip in the first place. That’s
what’s happening now. Ask a twenty-something what his favorite comic strip is
and he’ll probably ask you what a comic strip is.
That said, there’s no reason that this form can’t survive as
Graphic Novel anthologies. It just hasn’t yet.
Other than comic books, the only other genre of magazines
which seems to require a print presence are the fashion rags. Divorced of
print, the clothing ads simply don’t have the same pop. Fragrance marketers
also have no other mass advertising vehicle. Being a delivery mechanism for these
advertisers may be the salvation of the category. Unlike other genres, women of
all ages are prone to patronizing the form. The die off in circulation has been
somewhat less for the fashion magazines than for other publications. They have
robust subscription rolls, so the continuation of the form is not in doubt.
What remains in question is their distribution through newsstand outlets. The
fashion mags cannot carry the entire industry. If all of the other categories
collapse—as they have—there isn’t enough money in distribution of just fashion
mags to justify their handling. So they may be headed to the bookstores also.
(My thinking is that they will wind up in the boutiques and
hair salons. Newsstand scarcity gives the shops an opening they don’t have
presently.)
All of this might happen sooner than later. Here history
does provide us with a ready example. The entire pulp magazine distribution
network essentially collapsed in the mid 1950s. In that case there were two
distributors, as there are today. Like today, those two distributors had other
lines of business. When one distributor folded, the other distributor sniffed
the market and decided to drop pulps altogether. And the form never came back.
We may be seeing a broader spectrum replay of the same dynamic. Given how little
Newscorp and Time Life make off print distribution, it makes little sense for
them to be the pack mules for the entire industry. At this point all of two
people can end mass distribution of magazines as we know it. That’s not a good
position for any industry to be in.
Coda: For those of you who missed our last post on this
subject, a major magazine distributor recently folded shop without notice. This
leaves the distribution of magazines in the United States dependent on two
companies, subsidiaries of Newscorp (Fox TV) and Time Warner.
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