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In this model, the magazine is sold to readers for a price, either on a per-issue basis or by subscription, where an annual fee or monthly price is paid and issues are sent by post to readers. Paid circulation allows for defined readership statistics.
A magazine is a publication, usually a periodical publication, which is printed or electronically published (sometimes referred to as an online magazine). They are generally financed by advertising, by a purchase price, by prepaid subscriptions, or a combination of the three.