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Future to acquire publishing rival Imagine for $21.1 million

"This is a unique opportunity to acquire a market leading knowledge, science and technology content business which will complement and expand our capabilities."

Chris Kerr, News Editor

June 23, 2016

1 Min Read

Two of the UK’s largest video game magazine publishers are enemies no more, after Future agreed to acquire rival outfit Imagine for £14.2 million ($21.1 million).

Imagine is the publisher behind print and digital mags including GamesTM, Retro Gamer, and NowGamer, while Future's roster features GamesRadar, Edge, and PC Gamer.

"This is a unique opportunity to acquire a market leading knowledge, science and technology content business which will complement and expand our capabilities," said Future chief exec Zillah Byng-Thorne.

"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."

The deal will go through after it gets the approval of shareholders and the Competition and Markets Authority.

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2016

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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