The ABC figures released this week paint a familiar picture for the music press: year on year, music titles are facing a brick wall as prominent as Pink Floyd’s; their readership being squeezed like Jools Holland on a bad day.
Weekly titles NME and Kerrang! announced falls in circulation of more than 20 per cent, while monthly titles MOJO and Q also posted circulation decreases, albeit on a smaller scale. It poses the question – what must a music publication do to survive?
NME, for example, has evolved and diversified to fit the needs that today’s tech-savvy reader demands. Far from its humble beginnings as a grassroots newspaper nearly 60 years ago, the magazine is now part of a multi-faceted music brand which includes its own TV and radio stations, concerts, awards, merchandise and a website that boasts 3.5 million unique users a month.
The print publication of NME – while still arguably the most iconic aspect of the brand – has simply become just one part of a much bigger remit. Those who interact with NME now do so across multiple platforms, engaging in content that moves far beyond the page.
In establishing a multi-platform offering, NME has not only safeguarded its brand, but enhanced it, too. The brand offers a much more tangible experience: for example, you can read the review of the new Marina and the Diamonds record in the magazine, listen to it on NME Radio, read her interview on the website and watch her live on the NME tour.
There’s a lesson to be learned here in the ongoing debate surrounding newspapers’ attempts to safeguard their existence. In creating a coherent brand across various platforms of which the print magazine is just one part, NME has negated the risk of readers flocking to other publications to consume their music content by effectively creating a ‘one-stop shop’.
The ABC figures may paint a picture that NME will forever struggle to replicate its readership figures of the halcyon days of the 70s and 80s. Then, the magazine regularly shifted a quarter of a million copies a week, compared to just 38,486 now. The truth may be closer to the fact that its readers, like the NME brand, are simply evolving in the way they consume music content.
