16 March - 24 April 2020

Our online festival is underway with a packed programme of interviews and panels. Featuring talks from the industry’s biggest brands and most innovative individuals, this event explores what digital transformation really means for marketing.

16 Mar 10:00 GMT / 06:00 EST

The Drum Digital Transformation Festival launch

Gordon Young
Editor-in-chief at The Drum

Future swallows Imagine in £14.2m publishing takeover

£14.2m publishing takeover sees Future snap up Imagine

Publishing group Future has announced a £14.2m takeover of Imagine Publishing, extending its portfolio of titles to include a further 19 magazines in the process.

The merger will see the likes of Retro Gamer and World of Animals join Future staples such as T3 and PC Gamer under the same banner, complete with their associated digital assets.

Future chief executive Zillah Byng-Thorne commented: “This is a unique opportunity to acquire a market leading knowledge, science and technology content business which will complement and expand our capabilities.

“The acquisition will enable us to scale significantly our market position in bookazines and will see us enter the knowledge vertical, broadening our reach.”

Whilst the deal has yet to be concluded it is hoped that it will usher in opportunities for cost savings by merging resources.

Imagine posted revenues of £16.4m in the year to 31 March whilst Future generated £30.2m over the same period.

Join us, it's free.

Become a member to get access to:

  • Exclusive Content
  • Daily and specialised newsletters
  • Research and analysis

Join us, it’s free.

Want to read this article and others just like it? All you need to do is become a member of The Drum. Basic membership is quick, free and you will be able to receive daily news updates.