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Woman's Mirror:
an IPC weekly from the 1960s with Michael Caine on the cover

Later: a failure
for IPC but its editor returned with Nuts
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IPC is the UK's top magazine publishers and, at the time, Emap
was the number two. IPC has a history in women's weeklies going
back to the 1930s. By 1980, it published 69 weekly and monthly
titles, 22 of them for women. These included the top four for women,
selling an average of more than 5 million copies a week. IPC was
nicknamed 'Ministry
of Magazines' because of its size. In 1987, it was given
a kick up its rather sleepy backside by two German publishers,
Gruner
& Jahr and Bauer, with Best and Bella, respectively.
However, it responded with Chat and Now. In May
97, G&J sold Here! to IPC, and it was merged with Now.
In 2000, G&J withdrew from the UK, selling its titles to
National Magazines. However, Bauer's Take a Break has
become the UK's biggest-selling women's weekly at 1.2 million
copies, eclipsing
Woman and Woman's Own, which had led the field for
half a century. IPC similarly lost pole position in the men's
monthly market, after Loaded was overhauled by Emap's FHM.
In 1969, IPC had become part of by Reed Group Ltd, a newsprint,
paints and wallpaper combine. However, Reed's corporate strategy
led it to evolve into today's Reed-Elsevier, a global online group
focused on business information and academic journals. As part of
this strategy, Reed sold IPC to a group of venture capitalists in
1998, which in turn sold the company on to US group Time Warner
in 2001. This three-year period is seen as one of consolidation,
with a focus on profits in the run-up to the sale. Nuts was
IPC's first big launch since the takeover by Time Warner.
Emap started out as a local newspaper publisher (East Midlands
Allied Press). It built up a consumer specialist and business
magazine portfolio and gradually shifted the emphasis to consumer
magazines and radio from the 1980s. As the publisher of FHM,
it was top dog in the men's monthly sector. Furthermore, it built
up expertise in the women's weekly sector with Heat and Closer
(2002). The former, struggled until it was repositioned as
a women’s celebrity weekly. Circulation rocketed and it won a
string of awards. Emap has described Closer as its
most successful launch yet.
Given the success of the men's monthlies and the experience of
IPC and Emap in women's weeklies, ears pricked up when rumours of
development projects for a men's weekly emerged in 2003. Emap's
"Project Tyson" seemed to be first off the block, but
IPC said the concept for Nuts had been under development
as Project Tribal since autumn 2002.
Editor Phil Hilton, who had run IPC's Later, had rejoined
IPC from Emap in March 2003. Later, IPC’s attempt to graduate
lads from Loaded to a more mature read, had failed to catch
on. Launched in 1999, it closed in June 2001 when sales were reported
at below 50,000. The closure occurred during a month of carnage
for new titles as Mondo and Nova also bit the dust.
Hilton was up against another former IPC editor, Paul Merrill, who
was lured from the successful women's weekly Chat
in December to launch Zoo Weekly.
In an article in Press Gazette, IPC editorial
director Mike Soutar said the men's monthlies were too laddish,
putting off some potential buyers (this had been the reasoning behind
launches such as Word, from start-up companies). Furthermore,
the daily tabloid had lost male readers because 'newspaper strategies
over the past 10 years have been to aggressively recruit female
readers'.
At stake for the two companies is the potential for a new market
in men's weeklies. In the same way that Loaded and FHM
built a market for men's monthlies with copy sales to rival - and
beat - those of women's monthlies, such as Cosmopolitan,
could IPC and Emap create titles for men in the mould of Woman,
Now and Take a Break? The top women's weeklies have
combined copy sales of almost five million; six of them sell more
than 500,000 a week, with H Bauer's Take a Break having the
magic formula to sel1 1.2m copies - more than double its nearest
rival. The top women's weeklies (December 2003 ABC figures) were:
- Take a Break (H Bauer)....1,225,116
- That's Life (H Bauer) ...........592,036
- Now (IPC Media) ................590,544
- Chat (IPC Media) ...............575,585
- Woman (IPC Media) ...........571,482
- Heat (Emap) ........................565,484
- OK! (Northern & Shell) ........489,882
Emap and IPC said they are looking for sales of 150,000 or 200,000
a week. The first issue of Loaded sold 60,000 copies and
FHM at one time rose to sell 600,000 a month. The weeklies
may affect monthly sales, although Soutar's comments suggested this
would not be the case, and they have had a revamp to draw them away
from the newsier weeklies.
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