Future reported an increase in its normalized UK revenues by two percent to £41.5 million ($69.4 million), which accounted for 85 percent of the group's total revenue. Its normalized U.S. revenue was down 14 percent for the half-year to £7.3 million ($12.2 million). Part of Future's plans involves the sale of the company's sport and craft properties to Immediate Media for up to £24 million ($40.1 million). The sports magazines include Procycling, Cycling Plus and Mountain Biking UK, whereas the craft publications in question include both the UK and US Mollie Makes magazines, The Knitter and Simply Knitting.
Posted on Jul 26th 2014 11:30AM
Posted on Jul 25th 2014 10:30PM
Posted on Jul 25th 2014 1:00PM