Preview of 2022 UPS Rates

The Association of American Publishers (AAP) released StatShot Annual for calendar year 2023, estimating that the U.S. publishing industry generated a healthy $29.9 billion in aggregate publishing revenue for books and course materials across print and digital formats. The result is a minor 0.8% decline when compared to final stated numbers for 2022. It is a 6.1% increase over the pre-pandemic figure of $28.2 billion total recorded in 2019. “This year’s report captures an industry that is both resilient and forward-thinking about how people read, enjoy, and learn from works of authorship,” commented Syreeta Swann, Chief Operating Officer, Association of American Publishers. “In addition to the strong numbers for 2023, the report shows positive trends over a five-year period across multiple categories, formats, and channels.”

FY23 second quarter service performance scores covering Jan. 1 through Feb. 24 included: *First-Class Mail: 91.2% of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter. *Marketing Mail: 94.4% of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter. *Periodicals: 86.6% of Periodicals delivered on time against the USPS service standard, an increase of 1.9 percentage points from the fiscal first quarter.

It’s been a rather tumultuous year for magazine media, to say the least. With so many consumers reading content on digital platforms, it appears that many publishers are reducing print frequencies or altogether shuttering print editions of magazines to focus on digital initiatives and cut costs. While most publishers seem to be drifting away from print, Bauer Media Group is doing just the opposite. In 2018, the media giant is not only continuing its print editions, but also increasing frequencies for four of its titles, with Life & Style slated to rise from 51 to 53 issues, and Closer, In Touch and Woman’s World from 52 to 53 issues. “Bauer earns a positive margin on every issue from single copy sales,” Bauer CEO Steven Kotok (pictured) tells Folio:. “So the more issues we publish, the more money we earn, unlike an ad-dependent model in which fewer ads each year are spread over the same number of issues.” Click Read More below for additional information.