I don’t have a current advertising rate card for Marvel or DC, but a few clues tell me that they probably don’t make a whole ton of money on ads. First of all, comics have a very small amount of ad space to sell relative to most magazines. Second, ad rates are governed by circulation. It’s too long a lecture for today, but…you know anyway. Few readers, few “impressions,” means low ad space revenues. Comic book circulation figures are low and the cover prices are painfully high. To me, that means the companies are living off of copies sold, not ads.
Here’s another thing. While I was Editor in Chief at Marvel, 1978-87, the ad sales people, at President Jim Galton’s behest, waged a campaign to upgrade the ads. “National ads only” was the mantra. They got rid of mail order ads like the ones for X-Ray Specs and Broken Finger Key Chains. They made a concerted effort to go after movie ads, bicycles, sneakers and other national products. We creative types did our part by building the total number of copies sold substantially.
You know what? It was a Catch-22. We were selling so many comics, and therefore paying to print so many comics that if you factored out the cost of printing a page with an ad on it, it cost more money than we could get for the ad!
I’m doing this From memory, now, but the following is close if not exact: I believe it cost in the low $20,000’s to print an ad that ran in all 12 million-plus Marvel Comics one month, but the most we could ever get for a page was $18,000. The reasons we couldn’t get higher rates were many—advertisers realized that the comic book buyers tended to buy multiple titles, they didn’t like our demographics, etc. Still, it was better to have the eighteen grand than not. We had to print 32 pages per issue anyway.