british media ship’s company

Future plc is a british media company founded in 1985. It publishes more than 50 magazines in fields such as video games, engineering, films, music, photography, home, and cognition. [ 3 ] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index .

history [edit ]

future ‘s fall through Chris Anderson in 2007

Reading: Future plc

1985 to 2012 [edit ]

The company was founded as future Publishing in Somerton, Somerset, England, in 1985 by Chris Anderson with the sole cartridge holder Amstrad Action. [ 4 ] An early initiation was the inclusion of absolve software on magazine covers ; they were the first company to do sol. [ 4 ] It acquired GP Publications so establishing future US in 1994. [ 5 ] From 1995 to 1997, the company published Arcane, a magazine which largely focused on tabletop games. [ 6 ] Anderson sold Future to Pearson plc for £52.7m in 1994, but bought it back in 1998, with future headman executive Greg Ingham and Apax Venture Partners, for £142m. [ 4 ] The company was the topic of an initial populace offer in 1999. [ 7 ] Anderson left Future in 2001. [ 8 ]

2012 to 2015 : retrenchment [edit ]

future published the official magazines for the consoles of all three major games console manufacturers ( Microsoft, Nintendo, and Sony ) ; however PlayStation: The Official Magazine end print in November 2012, and Official Nintendo Magazine ceased print in October 2014. [ 9 ] [ 10 ] The ship’s company had a period of abandoning print media properties in favor of digital media, closing many titles and selling off others. In January 2012, Future sold its U.S. consumer music magazines, including Guitar World and Revolver, to NewBay Media for $ 3 million. [ 11 ] In April 2013, it completed the sale of major components of its UK media-music brands for £10.2 million to Team Rock Ltd. [ 12 ] In September 2013 – but bought these back for £800,000 in 2017 after Team Rock went into administration. [ 13 ] In August 2013, Future acquired two australian computing titles, APC and TechLife from Bauer Media Group. [ 14 ] future announced it would cut 55 jobs from its UK operation as part of a restructure to adapt “ more efficaciously to the company ‘s rapid transition to a primarily digital clientele model. ” [ 15 ] The company announced in March 2014 that it would close all of its U.S.-based print publications and shift U.S. print support functions such as consumer selling, production and editorial leadership for Future ‘s international print brands to the UK. [ 16 ] late in 2014, Future sold its sport and craft titles to Immediate Media, and its car titles to Kelsey Media. [ 17 ] In March 2014, it was announced that the company ‘s CFO Zillah Byng-Thorne would become the caller ‘s fourth CEO in nine years on 1 April 2014, after Mark Wood, CEO since 2011, stepped devour. [ 16 ]

Since 2016 : expansion [edit ]

In 2016, Future started to expand its print and web portfolio through a series of acquisitions. It bought Blaze Publishing to diversify into the shooting market [ 18 ] and acquired Noble House Media to increase its matter to in telecommunication media. [ 19 ] Future then completed the buy of equal specialist magazine publisher Imagine [ 20 ] [ 21 ] on 21 October 2016 after receiving blessing from the Competition and Markets Authority. [ 22 ] In 2018, Future made further major acquisitions. It bought the What Hi-Fi?, FourFourTwo, Practical Caravan and Practical Motorhome brands from Haymarket. Future acquired NewBay Media, publisher of numerous circulate, professional video recording, and systems integration craft titles, deoxyadenosine monophosphate well as several consumer music magazines. [ 23 ] This skill returned most of the U.S. consumer music magazines to Future, with the exception of Revolver which had been sold to Project Group M LLC in 2017. [ 24 ] It completed the acquisition of U.S. B2C publisher Purch for $ 132m by September 2018. [ 25 ] [ 26 ] Future besides purchased nextmedia ‘s calculation and technical school assets in Australia ( including Atomic, Hyper, PC PowerPlay, and PC Tech & Authority ) in the same calendar month, and began incorporating PC PowerPlay articles into the on-line versions of PC Gamer. [ 27 ] [ 28 ] [ 29 ] In January 2019, Future sold some B2B brands to Datateam Media Group. [ 30 ] In February 2019, Future acquired Mobile Nations including Android Central, iMore, Windows Central and Thrifter for $ 115 million. [ 31 ] [ 32 ] Future besides acquired ProCycling and CyclingNews.com from Immediate Media. [ 33 ]

In July 2019, Future acquired SmartBrief ( a digital media publisher of target business news and information ) for an initial sum of $ 45 million. [ 34 ] In April 2020, Future acquired TI Media, with 41 brands including Decanter, Country Life, Wallpaper and Woman & Home, for £140 million. [ 35 ] Future subsequently divested Amateur Photographer and World Soccer to Kelsey Media and Trusted Reviews to Incisive Media. [ 36 ] In November 2020, Future agreed a £594m coup d’etat of GoCo plc, known for its Gocompare.com price comparison web site. [ 37 ] In August 2021, it acquired 12 magazines, including The Week and Computer Active, from Dennis Publishing. [ 38 ]

constitution [edit ]

One of Future ‘s offices in Bath The company besides owns the american english company Future US. [ 39 ]

Selected brands and publications [edit ]

Some of the more popular brands and publications of future include : [ 40 ]

References [edit ]