Bauer Media Group Factfile
- Operates in 15 countries worldwide
- Headquarters are in Hamburg, Germany
- Employ 6,400 people worldwide
- Serve the USA, Russia, Europe and Asia
- A worldwide circulation that amounts to 38 million people a week
- Had a pre-tax profit of £228 million in 2012, a fall from 2011 (£246 million)
- Turnover of around €2 Billion
- Produces over 570 newspapers, 300 digital products and 50 radio and TV stations worldwide
- Produces 3 music magazines here in the UK: Kerrang!, Q magazines and MOJO magazine, all three are hugely popular and achieve a circulation of over 45,000 an issue, with MOJO and Q achieving over 80,000 copies an issue in circulation.
For print media, which is the most likely and most traditional method of publishing and distribution for my magazine I would choose Bauer Media Group. At the moment they publish Kerrang!, Q magazine and MOJO, which are their three music magazines. All three have different genres of music that they try to reach for an audience, and are all very successful magazines, more so than NME magazine, which is what makes Bauer more appealing from my point of view.
Another thing that makes Bauer one of the best options for distribution of my magazine is that they already distribute 3 magazines successfully, one of them is genre specific, which is Kerrang!, and two that are on popular music, one aimed at an older population, MOJO but cheap(-er) and has stories more on Paul McCartney than Justin Bieber, and then Q, which is a high quality magazine, which is fairly up-market and expensive is also aimed at the slightly older population and mature audiences, it's a magazine that IS NOT aimed at teenagers and young adults, so anywhere from the ages of 30+. This shows that they have a gap in the market for the Indie genre, a perfect example of a big Indie band would be Arctic Monkeys, who have featured very rarely on any of the magazines because of the target audience and the genre of the magazine. It also means that Bauer are lacking in targetting the teenage audience, with the Indie genre becoming one of the most popular genres amongst teenagers it would make sense for Bauer to move into that sector, and I feel that my magazine would be perfect for this gap in the market.
Although Bauer would be a great choice it could also be a bad one. Where Bauer is one of the biggest publishers in the media industry for magazines and other forms of media there is the high chance that the magazine could lose it's personal image and become a lot more corporate and a profit maker rather than a passionate magazine, doing what it set out to do from the start. This is a minor issue and is something that can't be said about just Bauer, in every industry in the world it is a possibility for the small company to be swallowed up by the big giant, it's something that either happens or not depending on who the parent company is and how they are run, Bauer seem to keep all of their individual subsidiaries fairly tight both financially and from a production point of view, creating good, solid products.