Immediate Media Company

Last updated

Immediate Media Company
IndustryPublishing house
PredecessorMagicalia, BBC Magazines, Origin Publishing
FoundedLondon and Bristol, England (1 November 2011 (2011-11-01))
Headquarters
London, W6
United Kingdom
Key people
CEO Tom Bureau
Number of employees
1,300
Parent Hubert Burda Media
Website www.immediate.co.uk

Immediate Media Company Limited (styled as Immediate Media Co) is a British multinational publishing house that publishes a significant range of titles, including Radio Times, BBC Top Gear, BBC Good Food and a host of others. In H1 2018, the company's titles reported a combined ABC circulation of 1.59 million, including 1.1M active subscribers. In 2018 it reported selling 70+ million magazines. [1]

Contents

The publishing house is owned by Hubert Burda Media, and is an agglomeration of Magicalia, Origin Publishing and BBC Magazines, publishing both media content and software platforms. [2] Approximately 85% of its revenue is from content services, with the remainder from advertising. [3]

History

Immediate Media originated from the combined assets of several formerly independent publishing houses, including BBC Magazines, Magicalia, Future plc, Hitched and Jewellery Maker.

In late 2011 the BBC's magazine-publishing business was sold to Exponent Private Equity, following clearance by the Office of Fair Trading. Exponent had previously acquired Magicalia Limited, a digital publisher and platform provider based in London. [4] Magicalia was founded in 1999 by Adam Laird and Jeremy Tapp. Its inaugural website was bikemagic.com. In 2000, it began offering B2B publishing services, with clients such as Runner's World magazine.

In 2011 Magicalia's assets were combined with those of Origin Publishing and BBC Magazines to form Immediate Media. Tom Bureau, then-CEO of Magicalia, became the Chief Executive of the new company.

In May 2014 Immediate Media acquired Future plc's sport and craft titles. [5] The sport portfolio included the websites Bikeradar.com and Cyclingnews.com and the magazines Cycling Plus , Procycling and Mountain Biking UK. The craft titles included Love Patchwork and Quilting, Simply Knitting, and Mollie Makes. In January 2015, Immediate Media acquired Hitched.co.uk, a UK wedding planning brand. In November 2015 Immediate Media acquired its first television property, Jewellery Maker, a TV and online commerce platform, from the Genuine Gemstone Company, adding to its Crafts and Arts portfolio. Jewellery Maker employed over 100 people at the time of its acquisition. It has since expanded into TV, video and e-commerce. [6] [7] [8]

Hubert Burda Media acquired Immediate Media in 2017, for £270 million (5-6 x EBITDA). [9]

In 2019, Immediate Media sold Procycling magazine and the Cyclingnews.com website to Future plc. [10]

Divisions

TV and Entertainment

Radio Times is a British weekly television and radio programme listings magazine, founded in 1923 by John Reith, the then general manager of the BBC. It was the world's first broadcast listings magazine. The title was published entirely in-house by BBC Magazines from 1937 [11] until 2011, when the BBC Magazines division was sold to Immediate Media. Its peak weekly circulation was 8.8 million. In 2014 it accounted for 60% of Immediate Media's profit. [12] It is the UK's biggest-selling magazine, with a weekly print ABC of 577,087, and the UK's biggest weekly subscription title, with 271,237 subscribers in 2018. [13]

Sport

Homes and Gardening

Crafts

Motoring

Parents and children

Immediate Media says that it has the largest market share in the UK children's magazines sector, with a total ABC-audited circulation of 780,194. [1]

Weddings

Specialist

Youth and Children

Platforms and other revenue

Some Immediate Media brands serve as e-commerce marketplaces. These include the wedding site hitched.co.uk and the TV shopping arm of Jewellery Maker. In July 2022, Immediate Media launched The Recommended, [20] an internet shopping guide devoted to e-commerce recommendations and buyers' guides. Immediate Media also organises live events such as the Radio Times Festival.

Immediate Media sells market research services based around its consumer panel, which the company says has 14,000 respondents. The firm also provides data analytics, loyalty publishing and IP licensing.

Related Research Articles

<span class="mw-page-title-main">CBeebies</span> British childrens television network broadcast internationally

CBeebies is a British free-to-air public broadcast children's television channel owned and operated by the BBC. It is also the brand used for all BBC content for children aged 6 years and under. Its sister channel, CBBC, is aimed at older children aged 6 to 12. It broadcasts every day from 6:00 am to 7:00 pm GMT / BST (Summer), timesharing with BBC Four.

<span class="mw-page-title-main">Future plc</span> British publishing company

Future plc is a British publishing company. It was started in 1985 by Chris Anderson. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">DK (publisher)</span> British publisher of non-fiction books

Dorling Kindersley Limited is a British multinational publishing company specialising in illustrated reference books for adults and children in 63 languages. It is part of Penguin Random House, a subsidiary of German media conglomerate Bertelsmann. Established in 1974, DK publishes a range of titles in genres including travel, history, geography, science, space, nature, sports, gardening, cookery, parenting and many others. The worldwide CEO of DK is Paul Kelly. DK has offices in New York, Melbourne, London, Munich, New Delhi, Toronto, Madrid, Beijing, and Jiangmen. DK works with licensing partners such as Disney, LEGO, DC Comics, the Royal Horticultural Society, MasterChef, and the Smithsonian Institution. DK has commissioned authors such as Mary Berry, Monty Don, Robert Winston, Huw Richards, and Steve Mould for a range of books.

Little Robots is a British stop-motion animated children's television series, produced by Cosgrove Hall Films for Create TV & Film and broadcast on CBeebies. The series was based on the eponymous book by Mike Brownlow in 1999, published by Ragged Bears Publishing.

David & Charles Ltd is an English publishing company. It is the owner of the David & Charles imprint, which specialises in craft and lifestyle publishing. David and Charles Ltd acts as distributor for all David and Charles Ltd books and content outside North America, and also distributes Interweave Press publications in the UK and worldwide excluding North America, and as foreign language editions. The company distributes Dover Publications and Reader's Digest books into the UK Trade and is also a UK and Europe distribution platform for the overseas acquired companies Krause Publications and Adams Media.

<span class="mw-page-title-main">Michael Carrington (television executive)</span> Australian television executive (born 1961)

Michael Andrew Carrington, is an Australian broadcast media executive who is currently Director, Entertainment and Specialist at the ABC based in Sydney, New South Wales. He oversees all national radio, television, and digital services including ABC TV (ABC1), ABC TV Plus (ABC2), ABC Me, ABC Kids plus ABC iview, ABC Listen, ABC Kids Listen, ABC Classic FM, ABC Jazz, ABC Country, and Radio National.

The Professional Publishers Association (PPA), formerly known as the Periodical Publishers Association until 2011, is the main publishing industry body which promotes companies involved in the production of media, supporting the creative economy at governmental level in the United Kingdom.

<span class="mw-page-title-main">Samantha Dorrance</span> Musical artist

Samantha Dorrance is a British actress, singer-songwriter, TV presenter and writer who reached fame on Disney Channel UK. Best known for playing Mr Tumble's best friend Tootsie on Cbeebies and for her role of Laura in Dreamboats and Petticoats London's West End.

<i>Procycling</i> Bicycling sport magazine

Procycling, or ProCycling, was a cycling sports magazine owned by Future plc. First published in April 1999, there were 13 issues a year distributed in all countries where there are English-speaking readers.

<i>Chuggington</i> British childrens television series

Chuggington is a British animated television series aimed at pre-school children, produced by Ludorum plc and Herschend Entertainment Studios. It is broadcast on the BBC's CBeebies channel and other channels internationally. Originally composed of five series running from 2008 to 2015, the series left its five-six year hiatus when a new batch of episodes was released on Playhouse Disney and Disney Junior in the United States on 29 June 2020, and on CBeebies in the United Kingdom on 2 January 2021.

<i>3rd & Bird</i> Childrens television series

3rd & Bird is a children's animated television series created by Josh Selig and directed by Jennifer Oxley. The series was animated by Little Airplane Productions, which opened a second studio in London to produce it. The show revolves around a community of birds and their adventures. It was broadcast on the BBC's CBeebies channel from 1 July 2008 to 31 July 2010. Described in its initial press release as "a charming new animated series all about community", the show's format generally involves one or more of the characters encountering a problem which must be solved using the social skills which pre-school children must develop in order to make their way in the world.

<i>Charlie and Lola</i> (TV series) British childrens television series

Charlie and Lola is a British Flash-animated children's television series based on the popular children's picture book series of the same name by Lauren Child, produced by Tiger Aspect Productions for CBeebies. It ran for 3 series from 7 November 2005 to 24 April 2008, winning multiple BAFTA Children's Awards throughout its run. The animation uses a collage style that emulates the style of the original books.

Amy Butler is a creative designer from the United States, specializing in fabric designs and patterns.

<span class="mw-page-title-main">Cyclingnews.com</span> Website providing cycling news

Cyclingnews.com is a website providing cycling news, race results, bike-related reviews and buying advice owned by Future.

C&T Publishing is a midsize, family-run, independent publisher of quilting, sewing, and crafting books based in Concord, CA. It was founded in 1983 by Carolie and Tom Hensley, owners of The Cotton Patch, a quilting and sewing supplies store in Lafayette, CA. Roberta Horton, a friend of Carolie's, wanted to publish a book on Amish-inspired quilting, so Carolie and Tom raised money from friends and followed do-it-yourself advice from a library book to publish their very first book, An Amish Adventure. The first edition sold 90,000 copies. The business grew from there, and Carolie and Tom's sons, Todd and Tony Hensley, purchased it from their parents in 1990. Since then, C&T has introduced two new imprints: Stash Books and FunStitch Studio, as well as a website, Patternspot.com, where quilt patterns can be posted and purchased directly by consumers. C&T Publishing has also made efforts to become more environmentally friendly, becoming a certified Bay Area Green Business especially in light of the trend for green quilting projects. In Summer 2015, C&T also acquired Kansas City Star Quilts. Authors published with C&T include Barbara Brackman, Yvonne Porcella, and Michael James. C&T Publishing books are distributed in the book trade by National Book Network and in the UK by Search Press.

<i>Numberblocks</i> Television series

Numberblocks is a British animated television series for preschoolers that debuted on CBeebies on 23 January 2017. The programme was created by Joe Elliot and produced by Alphablocks Ltd with Blue Zoo. It was commissioned by the British Broadcasting Corporation, with Larkshead Media and Learning Resources holding merchandising rights.

Bisa Butler is an American fiber artist who has created a new genre of quilting that has transformed the medium. Although quilting has long been considered a craft, her interdisciplinary methods—which create quilts that look like paintings—have catapulted quilting into the field of fine art. She is known for her vibrant, quilted portraits celebrating Black life, portraying both everyday people and notable historical figures. Her works now count among the permanent collections at the Smithsonian National Museum of African American History and Culture, the Art Institute of Chicago, Pérez Art Museum Miami and about a dozen other art museums nationwide. She has also exhibited at the Smithsonian Museum of American History, the Epcot Center, the National Underground Railroad Freedom Center, and many other venues. In 2020, she was commissioned to quilt cover images for Time magazine, including the "Person of the Year" issue and its "100 Women of the Year" issue. With a multi-year wait list for private commissions, one of Butler's quilts sold at auction in 2021 for $75,000 USD.

<i>Bitz & Bob</i> British-Canadian childrens animated television series

Bitz & Bob is a children's animated television series that originally aired on CBeebies.

<i>Cyclist</i> (magazine) British road cycling magazine

Cyclist is a British magazine that covers road cycling in the forms of professional racing news together with consumer guides and reviews.

Kelsey Media is a magazine publisher and trade fair company based in Yalding, England. Founded in 1989, it has bought and sold many publications over the years, including former Bauer Media Group magazines Sea Angler, Car Mechanics and Your Horse in July 2020. In May 2023, it bought the print and digital assets of Uncut magazine from BandLab Technologies' NME Networks division, with the first issue of Uncut published by Kelsey Media being the September 2023 issue Take 317.

References

  1. 1 2 "Immediate Media Co's Posts Strong ABC Results and Grows Newsstand Revenues". www.immediate.co.uk (Press release). Retrieved 24 July 2019.
  2. "Home Page". PPA. Archived from the original on 16 July 2019. Retrieved 16 July 2019.
  3. Gavin, Jamie (24 May 2017). "The Immediate Media Co story: from starting up to being acquired by Burda | News | FIPP.com". www.fipp.com. Archived from the original on 16 July 2019. Retrieved 16 July 2019.
  4. "Tom Bureau - interview". www.inpublishing.co.uk. Retrieved 24 July 2019.
  5. Turvill, William. "Immediate Media Co. to Acquire Future Publishing's Sport and Craft Titles". guardian.co.uk.
  6. William Turvill (29 May 2014). "Immediate Media Co. to Acquire Future Publishing's Sport and Craft Titles". Press Gazette. Retrieved 4 April 2016.
  7. "PPA : Immediate Media Co acquires hitched". www.ppa.co.uk. Retrieved 7 April 2016.
  8. Sweney, Mark (23 November 2015). "Top Gear and Radio Times publisher buys TV shopping channel". The Guardian. ISSN   0261-3077 . Retrieved 7 April 2016.
  9. "Immediate brings growth back to UK magazines". Flashes & Flames. 14 December 2018. Retrieved 6 August 2019.
  10. "Back to Future: Immediate sells CyclingNews and Procycling to Future plc, their previous owner". Bicycle Retailer and Industry News. Retrieved 16 November 2019.
  11. "BBC - The Radio Times - History of the BBC". www.bbc.co.uk. Retrieved 7 April 2016.
  12. Sweney, Mark (19 January 2014). "Radio Times seeks to fuel digital success with print profits". The Guardian. ISSN   0261-3077 . Retrieved 24 July 2019.
  13. Gavin, Jamie (24 May 2017). "The Immediate Media Co story: from starting up to being acquired by Burda | News | FIPP.com". www.fipp.com. Archived from the original on 16 July 2019. Retrieved 17 July 2019.
  14. 1 2 "Immediate Media Co expands craft portfolio with launch of Today's Quilter". Professional Publishers Association. 10 September 2015. Archived from the original on 15 April 2016. Retrieved 30 July 2020.
  15. "Immediate Media extends craft portfolio with launch of Simply Sewing". Professional Publishers Association. 13 February 2015. Archived from the original on 15 April 2016. Retrieved 30 July 2020.
  16. "Disney's Animated Adventures by BBC Magazines < United Kingdom @ Disney Comics Worldwide". www.wolfstad.com. Retrieved 4 January 2024.
  17. "Disney's Comic by BBC Magazines < United Kingdom @ Disney Comics Worldwide". www.wolfstad.com. Retrieved 4 January 2024.
  18. "Disney's Explorer by BBC Magazines < United Kingdom @ Disney Comics Worldwide". www.wolfstad.com. Retrieved 4 January 2024.
  19. "Disney Girl by BBC Magazines < United Kingdom @ Disney Comics Worldwide". www.wolfstad.com. Retrieved 4 January 2024.
  20. "Immediate Media Co Launch 'The Recommended' Offering Expert Advice and Recommendations to Shop Smarter Online". Immediate Media (Press release). Retrieved 30 July 2022.