Future PLC Acquisition of Blaze Publishing
11 Mayo 2016 - 1:00AM
RNS Non-Regulatory
TIDMFUTR
Future PLC
11 May 2016
RNS Reach
11 May 2016
Future plc
Acquisition of Blaze adds new shooting vertical and music
events
Future plc (LSE: FUTR, "the Group"), the international media
group and leading digital business, has acquired, for an
undisclosed sum, the assets of Blaze Publishing ("Blaze").
Blaze is a UK-based publisher and event organiser, which focuses
on the shooting and music sectors through a combination of events,
consumer magazines, trade publications and contract publishing.
The acquisition adds shooting as a new content vertical,
broadens Future's leading music events and publishing portfolio,
further diversifying the Group's revenue streams.
Blaze owns the established music events The London Drum Show and
The London Bass Guitar Show in addition to music magazines
Acoustic, Bass Guitar, Drummer and iDrum.
Blaze's shooting titles, a new vertical for Future, include
Sporting Rifle, Clay Shooting, Airgun Shooter, Bow International,
Gun Trade News and iShoot.
The Group has also taken an option in the newly launched UK Game
Fair (www.ukgamefair.com/) which will complement the growth of
Future's new shooting vertical.
The company employs some 35 staff and is based in Leamington
Spa.
Zillah Byng-Thorne, Chief Executive said:
"Blaze adds another complementary vertical as well as
strengthens our events capabilities.
"The acquisition is part of our strategy to diversify our
revenues, increase our scale and improve operational efficiency by
acquiring complementary brands in our Magazine division."
Enquiries:
01225 442
Future plc 244
Zillah Byng-Thorne, Chief Executive
Officer
Penny Ladkin-Brand, Chief Financial
Officer
Instinctif Partners 020 7457 2020
Adrian Duffield/Lauren Foster
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
May 11, 2016 02:00 ET (06:00 GMT)
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