Most Recent Articles In Memo Pad
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While the figures don’t indicate a clear winner — billionaire over burger, say — sources said Portfolio plans to stick with portraits on its covers for the foreseeable future. September’s issue features NBC Universal chief executive Jeff Zucker.
And it isn’t like Portfolio’s newsstand figures pale in comparison to those of its competition. Business magazines in general aren’t stellar newsstand performers (does the average person even know, or care, who Meredith Whitney, this month’s Fortune cover girl, is?) Through the first half, Fortune sold 35,789 single copies, or 4.1 percent of its 866,859 total paid circulation, down 3 percent. Fast Company sold on average 30,085 newsstand copies a month, or 4.1 percent of total paid circulation of 742,000, which was up 24 percent; the biweekly Forbes reported an average of 32,096 newsstand copies, or 3.5 percent of its 927,000 total circulation, representing a newsstand fall of 6 percent, according to figures from the Audit Bureau of Circulations. Portfolio will release its first audited figures in the fall, which are expected to show total paid circulation of 420,000 copies for the first half; subscriptions for the title through June have totaled 337,000 copies.
— Stephanie D. Smith