10 October 2007

Good times for the Economist

From The Guardian: "The Economist's recent commercial success and stellar circulation growth would be the envy of any title. Like its rival British-based periodicals, the Spectator and the New Statesman, it sold between 50,000 and 70,000 copies a week until the late Seventies, when global expansion catapulted it into a different league. It now shifts more than 1.2 million copies in 201 countries (just under 173,000 are sold in the UK) and the business made a pre-tax profit of £49m this year, a 59 per cent rise. So much for the effect of the internet and the corresponding decline of the printed word."

John Micklethwait, the Economist's editor, provides his reasons in the Guardian (actually Observer) article at the link.

10 Oct 2007 17:39:57 | Magazines

2 Comments

Peter

No doubt the Economist's success will inspire newspapers everywhere to widen their view, to expand their international and national coverage, to offer ample space for witty cultural coverage, and to place a premium on witty and, above all, highly literate prose.
===================
Detectives Beyond Borders
"Because Murder Is More Fun Away From Home"
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Posted by: Peter | 11 October 2007 at 03:30

Maxine

You sum it up so well, Peter;-)

Posted by: Maxine | 11 October 2007 at 10:33

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