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Magazines News South Africa

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Queried Finweek circulation reclassified

The Audit Bureau of Circulations (ABC) yesterday, Thursday, 6 March 2008, released the results of this week's ABC board review of Finweek's request that the decision to exclude ‘Business Subscriptions' obtained from inter-group transactions be reconsidered.

States Charles Beiles, ABC GM, “The board decided that such circulation could not be included in ‘Business Subscriptions', but agreed that it could be included in the category ‘3rd Party Bulk Sales'. The board further decided to implement a rule amendment that would specifically prohibit inter-group sales from being included in circulation, effective from 1 April, 2008.”

The re-classification would be as follows:

TitlePeriodAverage quantityAction
FinweekJan-Mar 20062078Re-classification from business subscriptions to 3rd party bulk sales
FinweekJan-Mar 20073439Re-classification from business subscriptions to 3rd party bulk sales
Sports IllustratedJan-Mar 20076000Re-classification from business subscriptions to 3rd party bulk sales
Best LifeJan-Mar 20075000Re-classification from business subscriptions to 3rd party bulk sales

The board review took place on Wednesday, 5 March 2008.

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