Future Publishing - the UK media veteran whose portfolio includes (or has included in the past) EDGE, Official Nintendo Magazine, Official PlayStation Magazine, Total!, Super Play and many more games mags - has announced that it has agreed terms on a £14.2 million takeover bid for UK-based rival Imagine Publishing.
Imagine currently oversees 19 magazines - including GamesTM and Retro Gamer - and runs a popular line of "bookazines" which compile previously published content from its magazines. It was founded in 2005. Future's history goes back a little longer - it began life in 1985 with a single magazine, Amstrad Action.
Future confirmed the deal this morning via social media, causing its share price to jump eight percent to 8.5p.
Here's what Future chief executive Zillah Byng-Thorne had to say about the deal:
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.
The addition of Imagine with its strong management team and quality staff enables us to take a further substantial step towards our strategy of creating content that connects, increasing scale and improving operational efficiency.
Via this takeover, Future now has something of a monopoly over the dwindling UK games magazine market. It also runs a series of websites, including GamesRadar and TechRadar. However, Imagine's large collection of "knowledge and technology" publications will have been equally (if not more) attractive to Future.
[source cityam.com, via mcvuk.com]
Very interesting. I am curious to see what the outcome of this will be. Good article
Hope they bring back Nintendo magazine..but better. I loved it in the early days but at the end it was silly..the editor, matthew, was childish and annoying. And often made quite rude comments I'm sure the Japanese wouldn't approve of.
The gifts were always great though.
If I remember correctly Future also published Your Sinclair, the first gaming mag I ever bought way way back in the day.
I desperately hope that they bring back the Official Nintendo Magazine ready for the NX... but Matthew was great. Absolutely hilarious writing style, plus his famous review of a Japanese train game was a classic.
Would love to work on any new Nintendo magazine.
Family used to get Amstrad Action, it was a great machine
Can they bring back a Nintendo magazine now, please?
£14.2 Million... I think the last time I considered buying an issue of EDGE I was put off because it wasn't that far off that price.
I fear for the RetroGamer now.
I really want ONM back ;-;
Sure online is easier and faster but there's something about physical magazines you just can't beat... also the gifts were nice, even if they were mostly an endless onslaught of posters (many of which I have hung up).
Well that will be the end of Game TM and Retro magazines.
Future have a habit of takeover and cull the opposition.
That's why we no longer have a Nintendo magazine.
If it still existed it would be full of Pokémon and Amiibo page fillers. The next issue would have a 45 page Zelda preview. So we have not missed much.
Future did the Nintendo Magazine from 2006 to 2013, so it was hardly them setting out to cull it...
They really shouldn't bring ONM back as much as I loved them. They really have nothing to work with in terms of review material with hardly any worthwhile games coming out each month. I think that it would be best if Nintendo reader stick with GamesMaster.
I subscribed to ONM, loved getting that each month! Even better was passing it on to my nephew after I'd finished with each mag
@RedeadLink I think it would work - in the months leading up to the NX release, the focus would be on all-time Nintendo classics, before it reverts to the usual format.
Damn, I'd love to be editor of a relaunched ONM!
The takeover does not bother me so long as Retrogamer magazine is allowed to continue without any changes.
Continue Retrogamer, but bring back as much of the NGamer staff as you can. Loved the magazine's sense of humor from the N64 Mag days till the bitter end...
This right here!
NGamer was the one magazine that to me felt like it was written in the heyday of video game magazines back when OSSM, CVG, Mean Machines, Super Play and all the great ones were going strong.
Those guys and girls were such a great group.
SuperPlay was indeed super but Zzap!64 was the best.
Like the others I just hope they dont mess with Retro Gamer or rise the price. $13 an issue is a lot for a magazine in America I dont know if I would pay more.
This makes me a bit nervous as I love Retro Gamer and Games TM, and this is bound to lead to staff changes.
I hope that Future won't cancel Retro Gamer.
I miss ONM...
I thought the Joe, Kate and Matthew phase was a bit of a tastefully whacky renaissance, but I enjoyed most of the magazines after it rebooted from NOM.
If anyone thought the end of ONM was a bit silly, they should read some of the stuff from NOM. I thought ONM nearly always did a good job of being entertaining and occasionally a bit off the wall, without losing TOO much credibility in the process.
I just want Future to hire Chris Scullion again in some way, shape or form. His work on the latter days of N-Gamer, ONM and CVG was always genuinely enjoyable to read, and I'm sad the N-gamer website has been lost to the ages- dozens of hilarious articles just gone, forever... most of which aren't properly accessible through the Wayback machine, either.
I mean, he has his own site now, and that's great, but I miss getting a printed monthly thing through my door. If Future axes or messes with Retro Gamer in any way, then that'll be it for me - gaming magazines will be well and truly dead.
@Toadsfriend @Mogster @Jolt @olrodlegacy
I know! That would be awesome. Even moreso for you guys, because they charged a fortune to subscribers outside of the UK...
Nintendo did originally run Nintendo Power, until Future took it over for a few years before discontinuing it. I still have all 285 issues, because I'd been subscribed since before I learned how to read. I wasn't ready or willing to stop getting a Nintendo magazine every month, so I paid over $80 to subscribe to ONM and have it shipped to the US, until Future discontinued that too.
Now I subscribe to Nintendo Force, a bi-monthly magazine that's written by some of the original staff members from Nintendo Power, with sections and articles that pay tribute to the original magazine. They've also been including a couple posters each month for a while now. Anyone interested should check out www.nintendoforcemagazine.com
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