But that's my point Simo, we all pay for the ABC and it's free from adverts, but, for some reason their magazine division takes advertisers. And we still have to pay for those magazines, so they are semi supported by what we pay at newsagents.
OK, started doing a little research... Found some information from back in 2002.
Quote:
"the policy for consumer magazines is to develop a licensing arrangement with "the right" outside publisher."
Quote:
Its licensing arrangements with other publishers are based on net sales--the ABC gets a royalty on the cover price, a percentage of subscriptions, and a percentage of net advertising revenue.
So it seems that us tax payers lost the publishing side of the ABC a long time ago, I had no idea, I'd never really thought about it...
Quote:
It's the strength of such content that positions ABC Enterprises well for a growing role in publishing. It will be hard to beat in those areas it chooses to enter.
Look at Delicious, a food title based closely on the food programs the ABC screens, with content and recipes provided by many of the TV chefs on ABC TV, and cross-promoted by ABC book and related titles.
That's exactly right, they use the taxpayer funded television shows, content and personalities, to support commercial magazines that are run by private companies. Of course your going to sell lots of magazines when you paste Peter Cundall's face on the cover, people love him. So, these "outside publishers" get to cream all the ABC content and profit.
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