 | |
| Formerly |
|
|---|---|
| Company type | Subsidiary |
| Industry |
|
| Founded | 1963 |
| Defunct | 2020 |
| Fate | Acquired by Future plc |
| Successor | Future plc |
| Headquarters | , |
TI Media Ltd. (formerly International Publishing Company, IPC Magazines Ltd, IPC Media and Time Inc. UK) was a consumer magazine and digital publisher in the United Kingdom, with a portfolio selling over 350 million copies each year. Most of its titles now belong to Future plc. [1]
The British magazine publishing industry in the mid-1950s was dominated by a handful of companies, principally the Associated Newspapers (founded by Lord Harmsworth in 1890), Odhams Press Ltd, Newnes/Pearson, and the Hulton Press, which fought each other for market share in a highly competitive marketplace.
In 1958 Cecil Harmsworth King, chairman of the newspaper group, The Daily Mirror Newspapers Limited which included the Daily Mirror and the Sunday Pictorial (now the Sunday Mirror ), together with provincial chain West of England Newspapers, made an offer for Amalgamated Press. The offer was accepted, and in January 1959 he was appointed its chairman.
Within a few months he changed its name to Fleetway Publications, Ltd. after the name of its headquarters, Fleetway House in London's Farringdon Street. [2]
Shortly thereafter, Odhams Press absorbed both George Newnes and the Hulton Press. King saw an opportunity in this to rationalise the overcrowded women's magazine market, in which Fleetway and Newnes were the major competitors, and made a bid for Odhams on behalf of Fleetway that was too attractive to ignore. Fleetway took over Odhams in the month of March 1961. [3]
In consequence, King controlled publishing interests which included two national daily and two national Sunday newspapers (the newspaper interests being informally tagged The Mirror Group), along with almost one hundred consumer magazines, more than two hundred trade and technical periodicals, and interests in book publishing. This included the combined business interests of Fleetway, Odhams, and Newnes.
All of the companies involved had been acquired without any significant change in management, save for the appointment of Mirror Group directors as chairmen. In 1963 all the companies were combined by the creation of a parent (or "holding") company called the International Publishing Company (known informally as IPC). All of the existing companies would continue to exist, but as IPC subsidiaries. [4]
IPC then set up a management development department in 1965, to rationalise its holdings, so that its various subsidiaries would no longer be in competition with each other for the same markets. This led to a reorganisation of the Group, in 1968, into six divisions:
All the divisions were headed by chairmen who originated in Mirror Group, except for Hamlyn, Quick and McIntosh.
The turmoil at IPC in 1969 led to major consolidations in the joint comics publishing divisions, IPC Magazines Ltd., which was under the responsibility of Jack Legrand, formerly the Managing Editor of Fleetway's juvenile publications. [5] Odhams' Power Comics line of titles were cancelled, as was Hulton Press's long-running adventure comic Eagle (merging with Fleetway's Lion from 2 May 1969). The humour comic Giggle, aimed at the slightly younger market dominated by Fleetway's Buster , was also dropped, being merged into Buster in the spring of 1969. [6] Buster, like Odhams' Smash! , also now became a publication of IPC Magazines Ltd. (IPC Magazines also took over another UK publisher, City Magazines, around this time.)
In May 1968, a boardroom coup had replaced Cecil King [7] with his deputy chairman, Hugh Cudlipp, a former newspaper editor. [8] Cudlipp had no interest in management, and was uneasy both with his new role and with IPC's diversification into computerised publication and other new technology. In 1969, Cudlipp proposed to former Mirror Group director Don Ryder — who was then chairman of the Reed Group, in which IPC had a 30% shareholding — to mount a reverse takeover of IPC by Reed. IPC-Mirror Group was thus itself taken over in 1970, by the paper-making company Albert E Reed, which then renamed itself Reed International. [9] In 1974, part of the publishing interests of Reed International were separated into IPC Magazines Ltd (comprising the magazine and comics holdings) and Mirror Group Newspapers (comprising the newspaper holdings). The latter was sold to Pergamon Holdings Ltd, a private company owned by Robert Maxwell, in 1984. [10]
In 1988, IPC acquired Family Circle from the International Thomson Organization. [11] In 1989, IPC acquired TVTimes . [12] In the early 1990s IPC launched Loaded , which began a wave of "lad's mags".
In 1992, following a merger with Dutch science publisher Elsevier NV, Reed International underwent a further name change, becoming Reed Elsevier (now RELX Group).
In 1987, part of the comics holdings of IPC Magazines Ltd (comprising those comics and characters created after 1 January 1970, plus 26 specified characters from Buster , which was then still being published) were placed in a separate company, Fleetway Publications, which was sold to Pergamon Holdings. [4] [13]
In 1991, Egmont UK purchased Fleetway from Pergamon, merging it with their own comics publishing operation, London Editions, to form Fleetway Editions. The latter was absorbed into the main Egmont brand by 2000, having sold off the continuing titles (such as 2000 AD ), and continued with only reprint and licensed titles (e.g. Sonic The Comic ).
IPC had retained the other comics characters and titles, i.e. those created before 1970 (except the 26 characters from Buster), including Sexton Blake, The Steel Claw, and Battler Britton. [4] One character, Dan Dare, was sold separately and is currently owned by the Dan Dare Corporation. In 2016 and 2018, Egmont sold its remaining library of IPC/Fleetway to Rebellion Developments, who had previously acquired 2000 AD in 2000. [14] [15] [16]
In 1998, IPC Magazines Ltd was subject to a management buyout financed by Cinven, a venture capital group, and the company was renamed IPC Media. Cinven then sold the company to Time Inc., then the magazine publishing subsidiary of Time Warner (now Warner Bros. Discovery), in 2001. [17] In January 2009, Evelyn Webster became the company's chief executive, replacing Sylvia Auton who had run it since 2001
IPC Media formally became Time Inc. UK in September 2014, creating a single Time Inc. brand in both the US and UK. [18]
In April 2012, IPC Media won an award for Best Production Team of the Year at the Professional Publishers Association Production and Environment Awards 2012. [19]
On 26 February 2018, Meredith Corporation, who had completed its purchase of Time Inc. almost a month earlier, announced it was selling Time Inc. UK to a fund associated with British private equity firm Epiris. [20] The transaction closed on 19 March of that year. [21] In June 2018, the company was renamed TI Media. [22] In September 2018, TI Media sold its library of pre-1970 IPC Comics titles to Rebellion Developments. [16] In 2019, TI Media sold its music magazines to BandLab Technologies. [23]
TI Media was acquired by Future plc on 21 April 2020 following shareholder and Competition and Markets Authority approval. [1] Future subsequently divested Amateur Photographer , Trusted Reviews, and World Soccer [24] and absorbed the rest of TI Media into Future Publishing.
TI Media divisions up until Future plc acquisition including: [25]
Joseph Leo Baxendale was an English cartoonist and publisher. Baxendale wrote and drew several titles. Among his best-known creations are the Beano strips Little Plum, Minnie the Minx, The Bash Street Kids, and The Three Bears.
Tiger was a weekly British comics periodical published by Amalgamated Press, Fleetway Publications and IPC Magazines from 11 September 1954 to 30 March 1985. The title was initially launched in a large tabloid size to mimic newspapers; while it featured some action-adventure stories Tiger contained a large number of sport strips. The most famous of these was "Roy of the Rovers", which debuted in the first issue and was the comic's most popular feature, eventually transferring to its own comic in 1975. Tiger would go on to become one of the company's longest-running titles, with 1,573 issues published before being merged with Eagle in 1985. Over the course of its run, Tiger featured columns by numerous famous sports figures, including Ian Botham, Geoff Boycott, Tony Greig, Trevor Francis and Charlie Nicholas.
The Amalgamated Press (AP) was a British newspaper and magazine publishing company founded by journalist and entrepreneur Alfred Harmsworth (1865–1922) in 1901, gathering his many publishing ventures together under one banner. At one point the largest publishing company in the world, AP employed writers such as Arthur Mee, John Alexander Hammerton, Edwy Searles Brooks, and Charles Hamilton. Its subsidiary, the Educational Book Company, published The Harmsworth Self-Educator, The Children's Encyclopædia, and Harmsworth's Universal Encyclopaedia. The company's newspapers included the Daily Mail, the Daily Mirror, The Evening News, The Observer, and The Times. At its height, AP published over 70 magazines and operated three large printing works and paper mills in South London.
Amateur Gardening is a British fornightly magazine dedicated to gardening. It included news, advice, feature articles, and celebrity columns and interviews.
Lion was a weekly British comics periodical published by Amalgamated Press from 23 February 1952 to 18 May 1974. A boys' adventure comic, Lion was originally designed to compete with Eagle, the popular weekly comic published by Hulton Press that had introduced Dan Dare. It debuted numerous memorable characters, including Captain Condor, Robot Archie, Paddy Payne and the Spider. Lion lasted for 1,156 issues before being merged with stablemate Valiant.
Fleetway Publications was a magazine publishing company based in London.
The Egmont Group is a Danish media corporation founded and rooted in Copenhagen, Denmark. The business area of Egmont has traditionally been magazine publishing, but has over the years evolved to comprise mass media generally.
Wham! was a weekly British comics magazine published by Odhams Press. It ran for 187 issues from 20 June 1964 to 13 January 1968, when it merged into its sister title Pow!
Smash! was a weekly British comic book, published initially by Odhams Press and subsequently by IPC Magazines, from 5 February 1966 to 3 April 1971. After 257 issues it merged into Valiant.
Power Comics was an imprint of the British comics publisher Odhams Press that was particularly notable for its use of material reprinted from American Marvel Comics. Appearing chiefly during the years 1967 and 1968, the Power Comics line consisted of five weekly titles: Wham!, Smash!, Pow!, Fantastic and Terrific. The first three of these titles were essentially traditional The Beano-style British comics papers, supplemented by a small amount of Marvel and DC Comics material, while Fantastic and Terrific were more magazine-like in style and were dominated by their Marvel superhero content.
Odhams Press was a British publishing company, operating from 1920 to 1968. Originally a magazine publisher, Odhams later expanded into book publishing and then children's comics. The company was acquired by Fleetway Publications in 1961 and then IPC Magazines in 1963. In its final incarnation, Odhams was known for its Power Comics line of titles, notable for publishing reprints of American Marvel Comics superheroes.
Robin was a British weekly children's magazine published from 1953 to 1969, originally by Hulton Press. Robin was billed as "companion to Eagle, Girl, and Swift" and aimed at younger readers and pre-readers.
Treasury of British Comics is a line of comic book collections published by Rebellion Developments, collecting British comics stories from the libraries of Amalgamated Press/Fleetway Publications/IPC Magazines.
George Newnes Ltd is a British publisher. The company was founded in 1891 by George Newnes (1851–1910), considered a founding father of popular journalism. Newnes published such magazines and periodicals as Tit-Bits, The Wide World Magazine, The Captain, The Strand Magazine, The Grand Magazine, John O'London's Weekly, Sunny Stories for Little Folk, Woman's Own, and the "Practical" line of magazines overseen by editor Frederick J. Camm. Long after the founder's death, Newnes was known for publishing ground-breaking consumer magazines such as Nova.
City Magazines was a British publisher of weekly comics and men's magazines that operated from the mid-1950s to the mid-1970s. The company's most notable publications were comics magazines based on licensed television properties, including TV Century 21 and Lady Penelope, both of which featured comics based on Gerry Anderson's Century 21 Productions Supermarionation shows.
British girls' comics flourished in the United Kingdom from the 1950s through the 1970s, before beginning to decline in popularity in the 1980s and 1990s. Publishers known for their girls' comics included DC Thomson and Fleetway/IPC. Most titles appeared weekly, with the content primarily in picture-story format. The majority of the stories were serialized, with two or three pages per issue, over eight to twelve issues. They were marketed toward young teen girls.
Princess was a British weekly girls' comic anthology published by Fleetway Publications and, later, IPC Magazines. The first version was published between 30 January 1960 and 16 September 1967, and featured a mix of comic strips, text stories and a large proportion of features; it was merged with Tina to form a new title - Princess Tina - after 399 issues.
C. Arthur Pearson Ltd. was a British publisher of newspapers, periodicals, books, and comics that operated from 1890 to c. 1965. The company was founded by C. Arthur Pearson, later to be known as Sir Arthur Pearson, 1st Baronet.
Jag was a weekly British comics periodical published by Fleetway Publications and IPC Magazines from 4 May 1968 to 29 March 1969. A boys' adventure comic, the title lasted for 48 editions before being merged with another title, the long-established Tiger.
"The Indestructible Man" is a British comic strip published by Fleetway Publications and later IPC Magazines in the boys' comic anthology title Jag between 4 May 1968 to 29 March 1969. Written by Scott Goodall and drawn by Jesús Blasco, the story followed an Ancient Egyptian warrior who survived into the present day after learning a number of skills while entombed, and took on the identity of crime-fighter Mark Dangerfield.
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