Following the departure of its CEO and CFO, Future Publishing's new CEO, Mark Wood, has a plan: The UK-based company will combine resources with its US branch, merging the two together. Wood hopes this move will "enable us to operate more efficiently and return the U.S. business to profitability." Future's US branch is responsible for Nintendo Power, PlayStation: The Official Magazine, OXM and @Gamer, among others.
Future has been planning to shift its resources away from print to online for a few months now, following significant year-over-year losses. "The changes will also mean that we can accelerate our transition to a digital business model and start to sell our entire range of digital content to high-value audiences in the U.S. and other key markets," Wood added.
Reader Comments (9)
Posted: Nov 25th 2011 9:15PM Shadow Hog said
I'm sure that'll help their legal battle with Tim Langdell, too, considering Edge is a British magazine, but the battle is presently taking place in California.
Posted: Nov 25th 2011 9:56PM Fuzunga said
Ok, but what does it MEAN?
Posted: Nov 25th 2011 10:54PM Lerkero said
If there is a publishing company out there that doesn't have a strong connection between digital and print content then they're doing it wrong.
Posted: Nov 25th 2011 11:23PM BPMOmega XBL PSN Steam said
I guess that Future doesn't have...
[puts on a second pair of shades]
Much of a future.
[puts on a second pair of shades]
Much of a future.
Posted: Nov 25th 2011 11:39PM Art84 said
Why can't physical and digital magazines co-exist? Not everyone wants digital media.
Posted: Nov 26th 2011 1:51AM fatguy88 said
Im starting to hoard game mags.
Posted: Nov 26th 2011 3:19AM Mouthsmasher said
Dang, every time I see that big red background with the white arc, all I think is redbox.





