Immediate Media named as new home for BBC Magazines

Radio Times and other leading BBC magazine titles will be published by a new company called Immediate Media, which will be headed up by Tom Bureau, the chief executive of specialist publisher Magicalia.

Tom Bureau: chief executive, Immediate Media
Tom Bureau: chief executive, Immediate Media

The creation of Immediate Media follows clearance by the OFT of the purchase of BBC Magazines by private equity company Exponent.

Bureau will be chief executive of the new business while Stephen Alexander, the former chairman of EMI, will be chairman.

Peter Phippen, the managing director of BBC Magazines, will become deputy chairman of the company. 

Phippen told BBC staff yesterday (19 October) that he was taking on the new role.

Nick Brett, deputy managing director of BBC Magazines, is staying on with the BBC in an executive liaison role between Immediate Media and the BBC.

The new company will also include the magazines assets of Bristol-based publisher Origin, publisher of titles including Perfect Wedding and Craft Seller, and the digital and print assets of Exponent-owned Magicalia, which includes Practical Parenting and Junior Magazine.

In total, Imediate Media will publish in excess of 50 titles and the company will be fully up-and-running by the beginning of November.

As well as publishing a raft of  magazine titles including food title olive and Radio Times, Immediate Media will also operate a long-term licence deal for 23 BBC Worldwide titles, including Gardeners' World Magazines, BBC History and the CBeebies portfolio.

It also has contract publishing deals for flagship brands such as Top Gear, GoodFood and EasyCook.

Immediate Media will employ 750 staff will be based in London and Bristol and is currently searching for a head office in west London.

Follow John Reynolds on Twitter @johnreynolds10

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Samsung Home Appliances sponsors Channel 4 in seven-figure deal

Samsung Home Appliances sponsors Channel 4 in seven-figure deal

Samsung Home Appliances is to sponsor Channel 4, More 4 and UKTV's Good Food shows for one year in a seven-figure deal.

Share
Xaxis buys mobile app business ActionX

Xaxis buys mobile app business ActionX

Xaxis, the programmatic media and technology company, has acquired ActionX, a mobile app and cross-screen ad business.

Share
Jay Z turns Twitter blue for his relaunched music streaming site

Jay Z turns Twitter blue for his relaunched music streaming site

Would you like Beyonce, Kanye West, Coldplay, Rihanna, Madonna etc. to support your brand campaign? Tough luck, you're not Jay Z (are you?! Thanks for reading Jay!), but will his paid-for music-streaming service turn the tide?

Share

Get news by email