[Ranking] TOP 25 Magazine Publishing / Media Companies Q3/2023
Intro
Magazine publishing is a critical sub-industry within the larger media sector, playing a vital role in shaping global communication and entertainment.
With its far-reaching influence, the magazine publishing industry impacts various sectors including advertising, fashion, lifestyle, and news, making it a significant contributor to the worldwide economy.
The economic magnitude of the magazine publishing industry is substantial, with revenues reaching billions of dollars annually. Moreover, the industry has experienced a positive trajectory in recent years, driven by the growing demand for quality content and the adoption of digital platforms.
In recent times, the magazine publishing industry has witnessed several trends and breakthroughs that have shaped its landscape. The rise of online publishing, the integration of multimedia content, and the increasing focus on targeted niche audiences are among the notable developments. However, the industry also faces obstacles such as declining print circulation and the need to adapt to changing consumer preferences.
The magazine publishing industry is characterized by its ever-changing landscape, with companies continually evolving to stay relevant in the digital age. Understanding the leading companies within this dynamic industry is crucial for uncovering the strategies and innovations that drive success.
Ranking
#25 Daily Journal Corporation
Employees: 1.2K
Revenue: 120M$
Website: https://www.dailyjournal.com
Description: Daily Journal Corporation is a media company operating in the Magazine Publishing industry. Based in Los Angeles, United States, the company was founded in 1987. With approximately 1.2 thousand employees, Daily Journal Corporation focuses on publishing magazines and periodicals, catering to a wide range of interests and topics. The company's flagship publication, Daily Journal, provides in-depth coverage of legal and business news, while its other magazines cover various subjects like lifestyle, fashion, technology, and more. Daily Journal Corporation strives to deliver high-quality content to its readers and maintain its position as a leading publisher in the media industry.
#24 Lee Enterprises, Incorporated
Employees: 4.5K
Revenue: 600M$
Website: https://www.lee.net/
Description: Lee Enterprises, Incorporated is a magazine publishing company based in Davenport, United States. Founded in 1890, the company operates in the Media industry. With a workforce of approximately 4,500 employees, Lee Enterprises is dedicated to providing high-quality magazines and publications to its readers. The company generates an estimated annual revenue of 600 million dollars, contributing to its strong presence in the industry. Through its diverse range of publications, Lee Enterprises aims to deliver engaging content and remain at the forefront of the magazine publishing sector in North America.
#23 New Media Investment Group Inc.
Employees: 1.2K
Revenue: 700M$
Website: https://www.newmediainv.com/
Description: New Media Investment Group Inc. is a magazine publishing company headquartered in New York, United States. Established in 2013, the company operates in the Media industry. With approximately 1.2K employees, New Media Investment Group Inc. focuses on the production and distribution of magazines across various genres. The company generates an estimated revenue of 700 million dollars. New Media Investment Group Inc. plays a significant role in the magazine publishing sector, providing informative and engaging content to readers worldwide. Through their website, they offer digital editions of their magazines, ensuring accessibility and convenience for their audience.
#22 McClatchy Company
Employees: 2.5K
Revenue: 900M$
Website: https://www.mcclatchy.com/
Description: The McClatchy Company is a prominent player in the Magazine Publishing industry. Headquartered in Sacramento, United States, it operates primarily in North America. Established in 1857, the company has a rich history in media. With approximately 2.5 thousand employees, McClatchy is known for its extensive range of magazine publications that cover a diverse range of topics. The company has a strong online presence through its website, where readers can access digital versions of their favorite magazines. With an estimated revenue of 900 million dollars, McClatchy continues to be a leading force in the Magazine Publishing industry.
#21 Cengage Learning Holdings II, Inc.
Employees: 6K
Revenue: 900M$
Website: https://www.cengage.com
Description: Cengage Learning Holdings II, Inc. is a leading company in the Magazine Publishing industry. Headquartered in Boston, United States, the company has been operating since 2007. With a team of approximately 6,000 employees, Cengage Learning Holdings II, Inc. is dedicated to providing high-quality educational content and resources to students and educators. The company's revenue stands at around 900 million dollars, making it a significant player in the industry. Through its website, Cengage Learning Holdings II, Inc. offers a wide range of educational materials, including magazines, textbooks, and digital learning solutions. With its commitment to innovation and excellence, the company continues to shape the landscape of Magazine Publishing in North America and beyond.
#20 Houghton Mifflin Harcourt Company
Employees: 3.5K
Revenue: 1.2B$
Website: https://www.hmhco.com/
Description: Houghton Mifflin Harcourt Company, headquartered in Boston, United States, is a leading player in the Magazine Publishing industry. With a history dating back to 1832, the company has established itself as a prominent publisher of educational materials, including textbooks, digital learning resources, and assessments. Houghton Mifflin Harcourt Company serves a wide range of educational institutions, including schools, colleges, and universities, providing them with quality content to support effective teaching and learning. With a workforce of approximately 3,500 employees, the company is dedicated to delivering innovative and engaging educational solutions that empower students and educators. In 2020, Houghton Mifflin Harcourt Company generated a revenue of 1.2 billion US dollars, further solidifying its position as a key player in the Magazine Publishing industry.
#19 Scholastic Corporation
Employees: 8K
Revenue: 1.6B$
Website: https://www.scholastic.com/
Description: Scholastic Corporation, headquartered in New York City, is a leading company in the Magazine Publishing industry. Founded in 1920, Scholastic has established itself as a prominent player in the media sector. With approximately 8,000 employees, the company operates globally, providing educational materials, children's books, and literacy resources through its magazine publications. Scholastic's diverse portfolio includes popular titles such as Scholastic News, Junior Scholastic, and Choices. The company's magazines cater to different age groups, covering a wide range of topics from current events to social issues. Through its engaging and informative content, Scholastic aims to promote literacy and inspire young readers worldwide. With an annual revenue of 1.6 billion dollars, Scholastic continues to make a significant impact in the Magazine Publishing industry.
#18 John Wiley & Sons, Inc.
Employees: 5K
Revenue: 1.8B$
Website: https://www.wiley.com
Description: John Wiley & Sons, Inc., headquartered in Hoboken, United States, is a prominent player in the Magazine Publishing industry. Founded in 1807, the company operates with a workforce of approximately 5,000 employees. With an annual revenue of 1.8 billion dollars, Wiley is a leading publisher of scholarly research, academic journals, and educational materials. Their extensive portfolio covers a wide range of subjects, including science, technology, medicine, humanities, and social sciences. Wiley's magazines provide valuable insights and knowledge for professionals, researchers, and scholars around the globe. With a strong commitment to quality content and innovative publishing solutions, Wiley continues to contribute significantly to the media industry.
#17 The New York Times Company
Employees: 4.2K
Revenue: 1.8B$
Website: https://www.nytimes.com
Description: The New York Times Company, headquartered in New York City, is a leading player in the Magazine Publishing industry. With a history dating back to 1851, the company has established itself as a prominent publisher of magazines, delivering high-quality content to its readers. The New York Times Company operates various magazines covering a wide range of topics, including lifestyle, travel, fashion, and entertainment. The company's magazines are known for their insightful articles, captivating visuals, and in-depth reporting. With a dedicated team of approximately 4,200 employees, The New York Times Company continues to innovate and provide engaging and informative magazines to its readers. With an annual revenue of 1.8 billion dollars, the company has achieved significant success in the Magazine Publishing industry.
#16 Schibsted ASA
Employees: 8.1K
Revenue: 2.3B$
Website: https://www.schibsted.com
Description: Schibsted ASA is a prominent player in the magazine publishing industry, operating primarily in Europe. With its headquarters in Oslo, Norway, the company has a rich history dating back to 1839. Schibsted ASA employs approximately 8.1 thousand individuals who contribute to its success. The company has achieved substantial revenue, generating around 2.3 billion dollars annually. Schibsted ASA is known for its wide range of magazines, covering various topics such as lifestyle, fashion, technology, and more. Through its publications, the company aims to provide informative and engaging content to its readers, catering to diverse interests and preferences. With its long-standing presence in the industry, Schibsted ASA continues to be a prominent force in the magazine publishing sector, delivering quality content to its audience.
#15 Tegna Inc.
Employees: 10K
Revenue: 2.5B$
Website: https://www.tegna.com/
Description: Tegna Inc., headquartered in McLean, United States, is a prominent player in the Magazine Publishing industry. With a workforce of approximately 10,000 employees, the company has established itself as a leading media organization. Since its founding in 2015, Tegna Inc. has been committed to delivering high-quality content and engaging experiences through its magazine publications. The company's revenue stands at an impressive 2.5 billion dollars, reflecting its strong position in the market. Tegna Inc. continues to innovate and connect with its audience, offering a wide range of captivating magazines that cater to diverse interests and demographics.
#14 Grupo Televisa, S.A.B.
Employees: 10K
Revenue: 2.5B$
Website: https://www.televisa.com
Description: Grupo Televisa, S.A.B. is a leading Mexican media company operating in the Magazine Publishing industry. Headquartered in Mexico City, Mexico, the company was founded in 1973. With a workforce of approximately 10,000 employees, Grupo Televisa generates an estimated annual revenue of 2.5 billion US dollars. The company engages in the production, distribution, and broadcasting of television content and operates a diverse portfolio of television channels, including free-to-air channels, pay-TV networks, and cable channels. In the Magazine Publishing sector, Grupo Televisa publishes a range of magazines, catering to various interests such as entertainment, lifestyle, fashion, and news. Through its magazines, the company reaches a wide audience, delivering engaging content and captivating stories to readers across Mexico and beyond.
#13 Discovery, Inc.
Employees: 9.2K
Revenue: 3.0B$
Website: https://corporate.discovery.com/
Description: Discovery, Inc. is a leading media company in the Magazine Publishing industry. Headquartered in New York City, United States, Discovery operates a wide range of popular magazine brands that cover various topics such as science, nature, history, travel, and lifestyle. With a rich history dating back to 1985, Discovery has grown to become a global force in the media industry. The company employs approximately 9,200 people worldwide and generates an annual revenue of around 3 billion dollars. Through its magazines, Discovery aims to educate, entertain, and inspire its readers, delivering high-quality content across multiple platforms and formats.
#12 Sinclair Broadcast Group, Inc.
Employees: 9.5K
Revenue: 3.3B$
Website: https://www.sbgi.net/
Description: Sinclair Broadcast Group, Inc. is a leading media company in the Magazine Publishing industry. Headquartered in Baltimore, United States, the company was founded in 1986. With a workforce of approximately 9.5 thousand employees, Sinclair operates in North America. The company generates a revenue of 3.3 billion dollars. Sinclair Broadcast Group is known for its extensive portfolio of television stations across the United States, reaching millions of viewers. They specialize in providing news, sports, and entertainment content through their network of television stations. Sinclair is committed to delivering high-quality programming and engaging their audience through various media platforms.
#11 Pearson PLC
Employees: 25K
Revenue: 4.8B$
Website: https://www.pearson.com/
Description: Pearson PLC, headquartered in London, United Kingdom, is a leading company in the Magazine Publishing industry. Founded in 1844, the company has a workforce of approximately 25,000 employees. With a revenue of 4.8 billion dollars, Pearson PLC operates as a global publishing and education company. They specialize in providing educational content, technology, and services to schools, universities, and businesses worldwide. Their magazine publishing division focuses on producing high-quality magazines across a wide range of subjects, catering to diverse interests and audiences. Pearson PLC's commitment to innovation and educational excellence has made them a trusted name in the magazine publishing industry.
#10 Wolters Kluwer
Employees: 19K
Revenue: 4.8B$
Website: https://www.wolterskluwer.com
Description: Wolters Kluwer is a leading global provider of professional information, software solutions, and services for healthcare, tax, accounting, finance, and legal professionals. In the Magazine Publishing industry, Wolters Kluwer operates through its various divisions and subsidiaries that offer a range of digital and print publications for professionals in different fields. Their magazines cover topics such as healthcare management, legal insights, finance and accounting, tax regulations, and industry-specific news. With their extensive expertise and trusted content, Wolters Kluwer provides valuable insights and knowledge to professionals in the Magazine Publishing industry, helping them stay informed and make informed decisions. Headquartered in New York City, Wolters Kluwer continues to innovate and transform the way professionals access and utilize information in the rapidly evolving media landscape.
#9 Gannett Co., Inc.
Employees: 21K
Revenue: 4.9B$
Website: https://www.gannett.com
Description: Gannett Co., Inc., headquartered in McLean, United States, is a prominent player in the Magazine Publishing industry. With a history dating back to 2019, Gannett operates as a media company that specializes in publishing magazines. The company boasts a workforce of approximately 21,000 employees and generates an impressive revenue of 4.9 billion US dollars. Gannett is known for its diverse portfolio of magazine titles, covering a wide range of topics such as news, lifestyle, entertainment, and more. Through its publications, Gannett aims to provide engaging and informative content to its readers, catering to various interests and demographics. With its strong presence in the Magazine Publishing industry, Gannett continues to be a leading force in the media landscape.
#8 IAC/InterActiveCorp
Employees: 10K
Revenue: 6B$
Website: https://www.iac.com/
Description: IAC/InterActiveCorp is a leading company in the Magazine Publishing industry. Headquartered in New York City, United States, IAC/InterActiveCorp has been operating since 1986. With a workforce of approximately 10,000 employees, the company has established itself as a major player in the media industry. Generating an impressive revenue of 6 billion dollars, IAC/InterActiveCorp has built a strong presence in the market. Through its various subsidiary companies, IAC/InterActiveCorp publishes a wide range of magazines, catering to diverse interests and audiences. With a focus on delivering high-quality content, IAC/InterActiveCorp continues to innovate and adapt to the evolving landscape of magazine publishing.
#7 RELX PLC
Employees: 30K
Revenue: 10B$
Website: https://www.relx.com/
Description: RELX PLC is a leading global provider of information-based analytics and decision tools for professional and business customers. As a parent company in the Media industry, RELX PLC operates in the Magazine Publishing sector, offering a wide range of print and digital magazines across various niches. With its headquarters in London, United Kingdom, RELX PLC has a strong presence in Europe and serves customers worldwide. The company was founded in 1993 and has a workforce of approximately 30,000 employees. Generating a revenue of 10 billion dollars, RELX PLC has established itself as a major player in the magazine publishing industry, delivering valuable content and insights to its readers.
#6 News Corp
Employees: 20K
Revenue: 10B$
Website: https://www.newscorp.com/
Description: News Corp, headquartered in New York, United States, is a prominent player in the Magazine Publishing industry. Founded in 1979, the company boasts a workforce of approximately 20,000 employees. With annual revenues reaching around 10 billion dollars, News Corp has established itself as a major force in the media landscape. Through its portfolio of magazines, the company delivers a diverse range of content to a global audience. With a strong focus on journalism and storytelling, News Corp continues to shape and influence the magazine publishing industry with its innovative approach and commitment to high-quality content.
#5 Thomson Reuters
Employees: 48K
Revenue: 13.5B$
Website: https://www.thomsonreuters.com/
Description: Thomson Reuters, headquartered in New York City, is a prominent player in the Magazine Publishing industry. Established in 2008, the company operates globally and offers a wide range of media services to publishers and advertisers. With a workforce of approximately 48,000 employees, Thomson Reuters delivers comprehensive solutions for magazine publishers, including content creation, distribution, and monetization strategies. The company's expertise lies in leveraging its vast network and advanced technology to provide personalized advertising solutions and targeted content to readers. Thomson Reuters has consistently generated substantial revenue, with an annual turnover of 13.5 billion dollars. Through its innovative approach and industry-leading services, Thomson Reuters continues to be a leading force in the Magazine Publishing sector.
#4 Bertelsmann SE & Co. KGaA
Employees: 120K
Revenue: 18.0B$
Website: https://www.bertelsmann.com/
Description: Bertelsmann SE & Co. KGaA, headquartered in Gütersloh, Germany, is a prominent player in the Magazine Publishing industry. With a history dating back to 1835, the company has established itself as a leading media conglomerate. Bertelsmann operates a diverse range of magazine publishing businesses that cater to various interests and demographics. Their portfolio includes renowned magazine brands that cover topics such as lifestyle, entertainment, fashion, and current affairs. With an impressive employee count of approximately 120,000, Bertelsmann generates substantial revenue, amounting to 18.0 billion dollars. Through its extensive magazine publishing operations, Bertelsmann continues to play a significant role in shaping the media landscape and providing engaging content to readers worldwide.
#3 Vivendi SA
Employees: 20K
Revenue: 25B$
Website: https://www.vivendi.com/
Description: Vivendi SA, headquartered in Paris, France, is a leading company in the Magazine Publishing industry. With a history dating back to 1853, Vivendi has established itself as a prominent player in the media sector. The company operates various magazine publishing businesses, producing and distributing a wide range of magazines across different genres and target audiences. Vivendi's portfolio includes popular magazine titles covering topics such as fashion, lifestyle, entertainment, travel, and more. With a workforce of approximately 20,000 employees, Vivendi generates significant revenue, amounting to around 25 billion US dollars. Through its magazine publishing activities, Vivendi continues to contribute to the vibrant media landscape, providing engaging and informative content to readers worldwide.
#2 Tencent Holdings Limited
Employees: 89K
Revenue: 56.2B$
Website: https://www.tencent.com
Description: Tencent Holdings Limited, headquartered in Shenzhen, China, is a leading player in the Magazine Publishing industry. Founded in 1998, the company has grown to employ approximately 89,000 individuals. With a revenue of 56.2 billion dollars, Tencent Holdings Limited has established itself as a major force in the media sector. Through its portfolio of digital and print magazines, Tencent actively engages audiences across various demographics. With its strong presence in the market, the company continually strives to innovate and provide high-quality content to its readers. With its headquarters in Shenzhen, Tencent Holdings Limited is well-positioned to capitalize on the growing demand for magazine publications in Asia and beyond.
#1 Baidu, Inc.
Employees: 39K
Revenue: 107B$
Website: https://www.baidu.com
Description: Baidu, Inc. is a Chinese technology company headquartered in Beijing, China. Founded in 2000, Baidu is one of the leading players in the Magazine Publishing industry. With a workforce of approximately 39,000 employees, the company operates a popular online platform that provides a wide range of magazines to its users. Baidu's website offers a user-friendly interface and features a vast collection of digital magazines on various topics, including lifestyle, fashion, entertainment, and more. The company generates significant revenue through advertisements and subscriptions, with its annual revenue reaching around 107 billion US dollars. Baidu's strong presence in the Magazine Publishing industry has solidified its position as a key player in the media sector in China and beyond.
Summary
The magazine publishing sub-industry is home to several top companies that have achieved significant accomplishments in recent years. These companies have established themselves as leaders in the media industry and have secured high rankings in terms of revenue and market share. Some of the top companies in this sub-industry include Condé Nast, Hearst Corporation, and Meredith Corporation.
One unexpected finding is the resilience of these companies in the face of digital disruption. Despite the rise of online publications and digital platforms, traditional magazine publishers have managed to stay relevant and profitable. They have successfully adapted to the changing landscape by embracing digital transformation and leveraging their strong brand identities.
Condé Nast is one of the premier companies in the magazine publishing sub-industry. Known for its iconic publications such as Vogue, GQ, and The New Yorker, Condé Nast has built a reputation for producing high-quality content that resonates with its target audience. The company has also expanded its digital presence through websites and mobile apps.
One shared element among these top companies is their focus on creating engaging and visually appealing content. They invest heavily in editorial teams, photographers, and designers to ensure that their publications stand out in a crowded market. Additionally, these companies have diversified their revenue streams by venturing into events, e-commerce, and branded content.
What sets these eminent companies apart from their rivals is their ability to cultivate strong relationships with advertisers and marketers. They have a deep understanding of their audience demographics and can offer targeted advertising solutions. Moreover, these companies have a long-standing reputation and trust among advertisers, making them the preferred choice for many brands.