Immediate Media Company Limited (styled as Immediate Media Co) is a British multinational publishing house that currently 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]
Immediate Media Company
Industry
Publishing house
Predecessor
Magicalia, BBC Magazines, Origin Publishing
Founded
London and Bristol, England (1 November 2011 (2011-11-01))
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]
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. Tom Bureau, then-CEO of Magicalia, became the Chief Executive of the new company.
In May 2014 Immediate 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 acquired Hitched.co.uk, a UK wedding planning brand. In November 2015 Immediate 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 in 2017, for £270 million (5-6 x EBITDA).[9]
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. Its peak weekly circulation was 8.8 million. In 2014 it accounted for 60% of Immediate'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]
Some Immediate 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 launched The Recommended,[16] an internet shopping guide devoted to e-commerce recommendations and buyers' guides. Immediate also organises live events such as the Radio Times Festival.
Immediate 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.
References
^ ab"Immediate Media Co's Posts Strong ABC Results and Grows Newsstand Revenues". www.immediate.co.uk (Press release). Retrieved 24 July 2019.
^. PPA. Archived from the original on 16 July 2019. Retrieved 16 July 2019.
^Gavin, Jamie (24 May 2017). . www.fipp.com. Archived from the original on 16 July 2019. Retrieved 16 July 2019.
^"Tom Bureau - interview". www.inpublishing.co.uk. Retrieved 24 July 2019.
^Turvill, William. "Immediate Media Co. to Acquire Future Publishing's Sport and Craft Titles". guardian.co.uk.
^William Turvill (29 May 2014). "Immediate Media Co. to Acquire Future Publishing's Sport and Craft Titles". Press Gazette. Retrieved 4 April 2016.
^"PPA : Immediate Media Co acquires hitched". www.ppa.co.uk. Retrieved 7 April 2016.
^Sweney, Mark (23 November 2015). "Top Gear and Radio Times publisher buys TV shopping channel". The Guardian. ISSN 0261-3077. Retrieved 7 April 2016.
^"Immediate brings growth back to UK magazines". Flashes & Flames. 14 December 2018. Retrieved 6 August 2019.
^"Back to Future: Immediate sells CyclingNews and Procycling to Future plc, their previous owner". Bicycle Retailer and Industry News. Retrieved 16 November 2019.
^"BBC - The Radio Times - History of the BBC". www.bbc.co.uk. Retrieved 7 April 2016.
^Sweney, Mark (19 January 2014). "Radio Times seeks to fuel digital success with print profits". The Guardian. ISSN 0261-3077. Retrieved 24 July 2019.
^Gavin, Jamie (24 May 2017). . www.fipp.com. Archived from the original on 16 July 2019. Retrieved 17 July 2019.
^ ab. Professional Publishers Association. 10 September 2015. Archived from the original on 15 April 2016. Retrieved 30 July 2020.
^. Professional Publishers Association. 13 February 2015. Archived from the original on 15 April 2016. Retrieved 30 July 2020.
^"IMMEDIATE MEDIA CO LAUNCH THE RECOMMENDED". Immediate Media. Retrieved 30 July 2022.
immediate, media, company, limited, styled, immediate, media, british, multinational, publishing, house, that, currently, publishes, significant, range, titles, including, radio, times, gear, good, food, host, others, 2018, company, titles, reported, combined,. Immediate Media Company Limited styled as Immediate Media Co is a British multinational publishing house that currently 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 Immediate Media CompanyIndustryPublishing housePredecessorMagicalia BBC Magazines Origin PublishingFoundedLondon and Bristol England 1 November 2011 2011 11 01 HeadquartersLondon W6United KingdomKey peopleCEO Tom BureauNumber of employees1 300ParentHubert Burda MediaWebsitewww wbr immediate wbr co wbr ukThe 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 Contents 1 History 2 Divisions 2 1 TV and Entertainment 2 2 Sport 2 3 Homes and Gardening 2 4 Crafts 2 5 Motoring 2 6 Parents and children 2 7 Weddings 2 8 Specialist 2 9 Youth and Children 3 Platforms and other revenue 4 References 5 External linksHistory EditImmediate 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 Tom Bureau then CEO of Magicalia became the Chief Executive of the new company In May 2014 Immediate 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 acquired Hitched co uk a UK wedding planning brand In November 2015 Immediate 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 in 2017 for 270 million 5 6 x EBITDA 9 In 2019 Immediate sold Procycling magazine and the Cyclingnews com website to Future plc 10 Divisions EditTV and Entertainment Edit 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 Its peak weekly circulation was 8 8 million In 2014 it accounted for 60 of Immediate 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 Edit 220 Triathlon BikeRadar Cycling Plus Mountain Biking UK Outdoors Magic Urban Cyclist What Mountain BikeHomes and Gardening Edit BBC Gardeners World Gardens Illustrated Antiques Roadshow Homes amp Antiques The RecommendedCrafts Edit Cardmaking amp Papercraft Cross Stitch Crazy Cross Stitch Gold Get into Craft Jewellery Maker Love Crochet Love Knitting Love Patchwork amp Quilting 14 Mollie Makes Papercraft Inspirations Quick Cards Made Easy Sewing Quarter Simply Crochet Simply Knitting Simply Sewing 15 The Knitter The World of Cross Stitching The Yarn Loop Today s Quilter 14 Ultimate Cross Stitch We Love CraftMotoring Edit BBC Top GearParents and children Edit Immediate 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 Giggly co uk Junior Made For MumsWeddings Edit Hitched co uk Perfect Wedding You amp Your WeddingSpecialist Edit BBC Easy Cook BBC Countryfile BBC Good Food BBC History BBC Match of the Day BBC Music BBC Science Focus BBC Sky at Night Magazine BBC Wildlife Delicious Healthy Food Guide History Extra History Revealed Homes and Planet Traveller Olive Science and Nature Top of the PopsYouth and Children Edit Andy s Amazing Adventures Art Draw and Create Baby Shark BBC CBeebies BBC CBeebies ART BBC CBeebies Special BBC Match of the Day Magazine BBC Match of the Day Specials BBC Top of the Pops Magazine Disney Frozen Disney Frozen Fun Time Disney Stars Disney Princess Create and Collect Girl Talk Hatchimals Lego Ninjago Lego Disney Princesses Lego Superhero Legends Lego Star Wars Lego Specials Lego Giant Series Lego City MEGA PJ Masks Pokemon Ultimate SeriesPlatforms and other revenue EditSome Immediate 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 launched The Recommended 16 an internet shopping guide devoted to e commerce recommendations and buyers guides Immediate also organises live events such as the Radio Times Festival Immediate 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 References Edit a b Immediate Media Co s Posts Strong ABC Results and Grows Newsstand Revenues www immediate co uk Press release Retrieved 24 July 2019 Home Page PPA Archived from the original on 16 July 2019 Retrieved 16 July 2019 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 Tom Bureau interview www inpublishing co uk Retrieved 24 July 2019 Turvill William Immediate Media Co to Acquire Future Publishing s Sport and Craft Titles guardian co uk William Turvill 29 May 2014 Immediate Media Co to Acquire Future Publishing s Sport and Craft Titles Press Gazette Retrieved 4 April 2016 PPA Immediate Media Co acquires hitched www ppa co uk Retrieved 7 April 2016 Sweney Mark 23 November 2015 Top Gear and Radio Times publisher buys TV shopping channel The Guardian ISSN 0261 3077 Retrieved 7 April 2016 Immediate brings growth back to UK magazines Flashes amp Flames 14 December 2018 Retrieved 6 August 2019 Back to Future Immediate sells CyclingNews and Procycling to Future plc their previous owner Bicycle Retailer and Industry News Retrieved 16 November 2019 BBC The Radio Times History of the BBC www bbc co uk Retrieved 7 April 2016 Sweney Mark 19 January 2014 Radio Times seeks to fuel digital success with print profits The Guardian ISSN 0261 3077 Retrieved 24 July 2019 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 a b 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 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 IMMEDIATE MEDIA CO LAUNCH THE RECOMMENDED Immediate Media Retrieved 30 July 2022 https flashesandflames com 2018 12 14 uks immediate brings growth back to magazines External links EditImmediate Media Company BBC portal Retrieved from https en wikipedia org w index php title Immediate Media Company amp oldid 1134621606, wikipedia, wiki, book, books, library,
