Hearst Divulges Serious Drop in Print Revenue at Magazines

What’s New in Publishing: James Wildman, CEO of Hearst UK, let slip that “total revenues for print represent 60% of our turnover this year, and this will fall to 50% by 2020.” By any measure that’s a significant decline. “We have to diversify, it’s not a choice, in fact we’re not ahead of the curve at Hearst.”