Future buys US heavy metal magazine Revolver

by Daniel Farey-Jones, Brand Republic 06-Mar-06, 11:00

LONDON - Future Publishing has paid £2.3m to buy US heavy metal magazine Revolver, which has a circulation of around 200,00, from Harris Publications.

Revolver and its website will join the six titles in Future US's music portfolio, including Guitar World and Future Music.

It was launched in 2000 and now generates gross profits of $500,000 on turnover of $3.7m.

Greg Ingham, chief executive of Future, said: "Revolver is a natural fit with our US music titles and will benefit from being part of a larger music portfolio.

"There is also strong editorial crossover with our UK music titles Metal Hammer and Classic Rock, both of which are seeing good circulation growth at present."

If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the Forum.