Downey takes over as Monkey publisher

The restructure has left Mallinson without a job.

Downey said: "It is an incredibly exciting time for Monkey at the
moment, and no one can deny James the work he has done in making the
format really take off - 2008 is already shaping up as a huge year. It
is my job to make Monkey even bigger and better."

Downey added that Dennis was now looking at expanding the Monkey brand
into other media platforms, including mobile.

Speaking from America, Mallinson said he had no regrets, despite moving
to Monkey from Emap only about six months ago.

He said: "I'm really proud of the work I have done and what I have
achieved at Monkey. I leave with my head held high and no
bitterness.

"Six months ago, the brand was not something everyone was confident in,
but I have left the firm on a very sound financial footing."

According to ABCe figures, monkeymag.co.uk had 268,000 unique users in
January.