Future plc
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| Type | Public (LSE: FUTR) |
|---|---|
| Industry | Magazine and internet publishing |
| Founded | 1985 |
| Founder(s) | Chris Anderson |
| Headquarters | Bath, United Kingdom |
| Area served | United Kingdom United States |
| Key people | Peter Allen (Chairman) Mark Wood (CEO) |
| Website | http://www.futureplc.com/ |
Future plc (LSE: FUTR) is a media company; in 2006, it was the sixth-largest in the United Kingdom. It publishes more than 150 magazines in fields such as video games, technology, automotive, cycling, films and photography.[1] Future is the official magazine company of all three major games console manufacturers.[2] It is a constituent of the FTSE Fledgling Index.
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[edit] History
The company was founded in Somerton, Somerset in 1985 by Chris Anderson.[3] An early innovation was the inclusion of free software on magazine covers, the first company to do so.[3]
Anderson sold Future to Pearson PLC for £52.7m in 1994, but bought it back in 1998, with Future chief executive Greg Ingham and Apax Venture Partners, for £142m.[3] In December 1999, Future issued Planet PC, a new PC gaming magazine intended to appeal to male eight-to-twelve-year-olds.[4] In 2001 Anderson left Future.[5]
In November 2009, Future reported a fall in profits from £9.5 million to £3.7 million (a loss of 61 percent) in the fiscal year that ended 30 September 2009. Future attributed this to problems with their US market, hit by a fall in the general advertising market.[2]
In March 2010 Future announced that it was exploring the possibility of reviving its GamesMaster brand on television. The video games show had run from 1991 until 1998.[6][7]
[edit] Organisation
Peter Allen and Mark Wood currently serve as chairman and chief executive of Future plc respectively.[8]
[edit] References
- ^ Young, Eric (6 March 2006). "South S.F. publisher buys another magazine". San Francisco Business Times. http://www.bizjournals.com/sanfrancisco/stories/2006/03/06/daily12.html. Retrieved 16 March 2010.
- ^ a b "Another blow to print journalism: Future Publishing profits fall 61%". Gamer Limit. 2009-11-28. http://gamerlimit.com/2009/11/another-blow-to-print-journalism-future-publishing-profits-fall-61/. Retrieved 2010-10-17.
- ^ a b c Nicholas, Ruth (11 July 1999). "Profile: Chris Anderson: Media with passion". The Independent (London). http://www.independent.co.uk/news/business/profile-chris-anderson-media-with-passion-1105628.html.
- ^ Schofield, Jack (2 December 1999). "What's new". The Guardian (London: Guardian News and Media). ISSN 0261-3077. OCLC 60623878. http://www.guardian.co.uk/technology/1999/dec/02/onlinesupplement7. Retrieved 21 December 2011.
- ^ Walters, Helen (18 February 2010). "TED's Not Dead, But It Is Aging: The annual conference tries to reach out to a new generation, awkwardly". Business Week. http://www.businessweek.com/magazine/content/10_09/b4168068827012.htm. Retrieved 16 March 2010.
- ^ "Future exploring revival of GamesMaster TV show". VideoGamer.com. 2010-03-11. http://www.videogamer.com/news/future_exploring_revival_of_gamesmaster_tv_show.html. Retrieved 2010-10-17.
- ^ Aiton, Ewan (1998-02-04). "Games Master, when are you coming back? - News". play.tm. http://play.tm/news/29422/games-master-when-are-you-coming-back/. Retrieved 2010-10-17.
- ^ "Board members". Future plc. http://www.futureplc.com/investors/corporate-governance/board-members/. Retrieved 2011-12-13.
[edit] External links
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Wikimedia Commons has media related to: Future plc |
