Future To Acquire Five Specialist Titles From Haymarket Media Group

Future plc, the global platform for specialist media, today announces the proposed acquisition of five specialist consumer titles from Haymarket Media Group for up to £14m. The five titles are, What Hi-Fi?, FourFourTwo, Stuff, Practical Caravan and Practical Motorhome.

The intended acquisition of popular brand What Hi-Fi? provides an entry into the complementary audiovisual market, whilst Stuff complements Future’s existing technology brands. The acquisition of Stuff is conditional on Competition and Markets Authority approval. These brands will present Future with the opportunity to continue its strategy of organic growth in line with its content monetization strategy.

The proposed acquisition will give Future a position in new specialist verticals. FourFourTwo will give Future access to the football audience during World Cup year, whilst Practical Caravan and Practical Motorhome provide a strong subscriptions proposition in the outdoor leisure market.

Future predicts the acquisition will be earnings enhancing, driving growth in operating profitability and cash generation.

read more/source: http://www.futureplc.com/2018/03/21/future-to-acquire-five-specialist-titles-from-haymarket-media-group/

Related Posts

Congress to Hold Hearing on Book Bannings in Schools and Libraries (publishersweekly.com)

Maryland Congressman Jamie Raskin, chairman of the Subcommittee on Civil Rights and Civil Liberties, plans to hold a hearing to examine the wave of attempted book bannings in schools and libraries across the country. The hearing is set for April 7 at 10:00 a.m. ET. A livestream will be available on YouTube and the Committee on Oversight and Reform website. The hearing comes during National Library Week, and after the American Library Association announced on Monday that it counted some 729 challenges to remove nearly 1,600 books from school and public libraries in 2021—a striking uptick and the highest number of attempted book bans in the 20 years that the ALA has tracked this data.

Frontline acquires Gold Key Media

Frontline has announced today the acquisition of Gold Key Media, the Publishing and Venue Services division of COMAG. Gold Key Media Ltd becomes a fully owned subsidiary of Frontline Ltd on 1 November 2017 and will continue to be led by the existing, highly experienced management team. With an exciting mix of market-leading dynamic distribution services, Gold Key Media creates bespoke solutions supplying newspapers and magazines in print and digital format to the business, leisure, travel, luxury and event industries across the world. Established in 2001, Gold Key Media has grown to represent over 300 international publishers, distributing over 60 million newspaper and magazine copies per annum across a complete range of international venues and global events. Click Read More below for additional information.

ACMA Needs Help to Challenge Damaging 10-Year Postal Review

Dear Industry Member: Hopefully, you attended ACMA’s Postal Nightmare web event this week (though if you did not, I encourage you to click here to view the replay) and you better understand the grave implications of the PRC’s recent Order on the 10-Year Review. Our discussion clearly illustrated the challenges all users of the mail are experiencing right now. We also laid out the concrete steps we can take to forestall, ameliorate, reduce or manage the steep climb of mailing costs we are facing. This truly needs a widespread industry response now; otherwise, 2021 will surely begin the death spiral for mail. It is stunning that officials in Washington have demonstrated such disregard for the realities of our operating businesses, seeking only more money from business mailers to sop up the rapidly-expanding costs for the benefit of the nation. view the replay at: https://www.youtube.com/watch?v=UhCCZ6muo3M . Click Read More for additional key information
Back To Top
×Close search
Search