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UK tech and gaming magazines are banding together
It's no secret that most magazines are struggling to retain, never mind increase their readership. The medium isn't dead, far from it, but the ever-growing competition online is forcing publishers to rethink what they print. The latest strategy is, unsurprisingly, to create scale through consolidation. Future PLC, the company behind Edge, T3 and MacFormat, as well as the more online-oriented TechRadar and GamesRadar, is now acquiring its fellow magazine maker Imagine Publishing. The deal is worth £14.2 million ($21.1 million) and will be settled entirely through shares.
