The best and the brightest are being published at a record pace, and the Essence Magazines brand is growing fast.
But there’s one thing you need to know: The magazine is not only growing, it’s doing it with great speed.
The magazine is growing at a rapid clip, with more than $3 million in annual revenue, according to data compiled by the magazine’s board of directors.
More than three-quarters of that money is coming from the top one percent of contributors, who contribute more than half of the magazine revenue.
It’s up from less than two-thirds in 2015.
“It’s definitely a growing company, and we are getting bigger and better every year,” said CEO and editor-in-chief, John Clements, in an interview with ABC News.
Clements is a former managing editor at Time magazine, a publisher he has been with since 2002.
He was born and raised in New Hampshire, and his family moved to California at a young age.
He says that, as the economy got better and more Americans could afford to buy things, it was more important to have a place for people to come to learn and to connect with one another.
“I think we have a lot of a lot more people in our community that are interested in learning, in connecting with other people,” he said.
“And we have this sense that we want to bring that to the world.”
Essence magazine is a magazine for people who have it all, but are not rich.
It is an outlet for the middle class.
It has a very specific audience, which is young adults.
Its subscribers are middle-aged, college-educated adults.
“What’s exciting about it is that the readership is growing exponentially,” Clements said.
“There’s not a lot in print that people can get behind.
So we’ve got this audience who are interested.
And we can offer them this really high-quality, quality-driven content.”
Essences mainstay is the magazine for older people, a group that includes the famous authors and celebrities who populate the pages of the popular magazines.
But that audience has also been growing in recent years.
More and more people are finding they want to read more than just books.
And the magazine has been expanding in both size and reach.
Clement said that while the magazines core audience is middle-class, the growth of younger readers has made it an attractive target for advertisers.
“We have a new generation of readers who are more likely to read books that are in the fiction genre and they want something that is not just about what’s in the books, but what’s the future of the book, and what’s going on in the world,” he explained.
Essences audience has been growing as well.
The number of subscribers has grown by almost 40 percent, with nearly 80 percent of the subscribers aged 50 and over.
“You have a group of people that is very interested in what they are reading and who want something new and exciting, and that is the most diverse group of readers in the magazine,” Cements said.
That diversity has brought Essences popularity to the fore.
The magazine’s website has nearly 1.5 million monthly unique visitors, a number that has been increasing every month.
And more than 100,000 unique readers have signed up for subscription.
Coles core readership has grown from 25,000 in 2015 to 50,000 now.
Clements says the audience has grown so fast that he is still trying to keep up with it.
“The best thing that I can do is focus on what’s happening in the industry,” he says.
Essence Magazine is a new brand for Clements and Clements is looking to grow it.
He wants to keep it that way, and he is working on ways to attract more subscribers.
“I want it to be a destination for all of the readers that have a passion for reading and want something different,” he told ABC News in an email.
“Our readers are more diverse than ever before, and if we keep on growing and making more readers, then we will have a growing community of readers for the brand and for the magazine.”
Clements says that he doesn’t plan to change the way he writes the magazine.
He plans to keep doing what he has always done.
“It is not going to change in a minute, and it is not changing with my words,” he added.
“But we are definitely looking at expanding and growing our content in a way that makes it relevant to a broader audience.”
For example, Clements has been adding to his fiction and nonfiction sections, which include a book club and the best nonfiction books on Amazon.
But that’s not all Essences core content is expanding to.
Clems book club has grown to include more than 50 authors and includes the likes of Sarah Waters, Laura Ingalls Wilder and more.
“We are also looking to expand the collection of nonfiction that we have