24.02.04
成人快手
Magazines acquires Origin Publishing
成人快手 Magazines has acquired Origin Publishing 聳 the Bristol-based
publisher of 12 quality specialist consumer magazines such as Focus
and Living History plus a range of award-winning contract titles
including Waterstone聮s Books Quarterly and HMV Choice.
The
purchase of Origin, which employs around 110 staff, is part of 成人快手
Magazines聮 strategy to grow through new launches and acquisitions
that saw the company launch five new consumer magazines last autumn
and acquire Parentwise magazine which was subsequently relaunched
as 成人快手 Parenting Magazine.
Origin
will provide 成人快手 Magazines with a specialist publishing arm and
provide an opportunity to move the 成人快手聮s existing specialist
titles - 成人快手 History Magazine, 成人快手 Wildlife and 成人快手 Music Magazine
聳 to Origin聮s headquarters in Bristol where they would
benefit from Origin聮s long experience in producing such magazines
profitably and its knowledge of specialist markets and specialist
distribution channels.
Says
成人快手 Magazines Managing Director Peter Phippen: "Origin is a
very successful publisher of quality specialist magazines. This
is an important and exciting development and gives us a powerful
base from which to publish the three titles that we propose to move
there, and indeed from which to plan future launches in specialist
markets."
Origin
will continue to be run by Chief Executive Kevin Cox, who founded
the company in 1997, and will be managed as a wholly owned subsidiary.
Says
Kevin Cox: "I am thrilled that Origin is to be owned by 成人快手
Magazines and benefit from its position as a high-calibre publisher
of some of the UK聮s best known and most respected magazines,
while continuing to be run at arms-length in a way that will benefit
our existing range of titles as well as the 成人快手聮s own specialist
portfolio."
Notes
to Editors:
成人快手 Magazines is a division of 成人快手 Worldwide Ltd, the commercial
consumer arm of the 成人快手. Its portfolio of nearly 40 regular titles
for adults, teenagers and children includes Radio Times - Britain聮s
most profitable magazine. 成人快手 Worldwide does not use licence fee
income for its activities and re-invests in public service programming.
In 2002/2003 成人快手 Worldwide returned 拢123 million to the 成人快手.
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