Thursday, 17 November 2011

The institution that owns Q magazine

The institution that Q magazine, the magazine I am using ideas from for my own magazine, belongs to a company called Bauer Media Group, a German publishing group which operates in 15 different countries around the world. Worldwide circulation of Bauer Media Group's magazine titles amounts to 38 million magazines a week.
Including Q magazine, the institution owns and publishes many different magazines. The main categories of magazines they own are women’s weekly’s, TV listing magazine and music magazines. Some magazines include Takeabreak and TV choice. The other music magazine they publish along with Q is Kerrang.
As the Bauer Media Group has a few different kind of genres of product, means they can gain different types of advertisers to interest the different types of products they publish.
Q for example has also been expanded from a magazine to TV and radio which can also be used to advertise for profit but also advertise their other products they own. The magazine also has a website which informs people with news and also has a shop and links to other products.
The music area is a big part of the institution as they have a stake in many music video channels, such as 4Music and Smash Hits TV. These TV channels will contain many advertisements between its videos which gain much profit as they are popular channels for the younger audience, which most advertisements will be.
The institution can control its distribution so, for example a magazine is advertised in their other media products plus on main channels. It’s sold in big stores to so the magazine has to try and appeal to as many people as it can to make more profit. The products have to media conventions so people can easily recognise the product and continue its popularity and keep its regulars who buy/watch/listen etc.
All these media products that are part of the Bauer Media Group will gain most of their profits from the advertisers they get to appear in their media products.

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