Future PLC Acquires Classic Rock, Metal Hammer & Prog brands
09 1월 2017 - 4:00PM
RNS Non-Regulatory
TIDMFUTR
Future PLC
09 January 2017
RNS Reach
9 January 2017
Future plc
Acquisition of Classic Rock, Metal Hammer and Prog brands
Future plc (LSE: FUTR, "the Group" or "Future"), the
international media group and leading digital business, has
acquired the magazines, domain names, events, radio licence and
websites of Classic Rock, Metal Hammer, Prog, Blues and the Golden
Gods for GBP800,000 from FRP Advisory, the administrators of Team
Rock Limited.
Classic Rock, Metal Hammer and Prog have magazines and dedicated
channels within the Team Rock website. Blues features as an online
channel on the Team Rock website and Golden Gods is the events
operation linked to Metal Hammer.
Zillah Byng-Thorne, Future Chief Executive said:
"The acquisition of these classic rock brands with their
associated magazines, events and websites marks a further step in
our buy and build strategy.
"It further reinforces our creation of a leading global
specialist media platform with data at its heart, which we are
monetising through diversified revenue streams.
"We look forward to developing further these iconic and
much-loved brands and to continuing to serve their communities of
dedicated enthusiasts around the world."
Enquiries:
Future plc 01225 442 244
Zillah Byng-Thorne, Chief
Executive Officer
Penny Ladkin-Brand, Chief
Financial Officer
Numis 020 7260 1000
Nick Westlake/Mark Lander
Instinctif Partners 020 7457 2020
Adrian Duffield/Kay Larsen
Notes to editors
Future plc is an international media group and leading digital
publisher, listed on the London Stock Exchange (symbol: FUTR). The
Group operates two separately managed brand-led divisions: Media
and Magazine. The Group has a reach of 70m globally, including 47m
online users and 22m social media followers.
The Magazine division is brand-led. It has over 100
market-leading publications, with 10 key titles, and is seen as the
number one digital consumer magazine publisher in the UK.
The Media division focuses on being at the forefront of digital
innovation, in particular the high growth technology and games
markets, with three complementary revenue streams: e-commerce,
events and digital advertising. It has a number of leading brands
including Techradar, PC Gamer, GamesRadar+, The Photography Show,
Generate and Golden Joysticks.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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January 09, 2017 02:00 ET (07:00 GMT)
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