Date Posted: Monday 16th August 2021
Future plc has bought publisher Dennis from its private equity owner for £300m. Dennis' titles include The Week UK / The Week US, The Week Junior UK / The Week Junior US, MoneyWeek, Kiplinger, Science & Nature, IT Pro, Computer Active, PC Pro, Minecraft World, and Coach.
Future said the deal would expand its reach in the US, build on its subscription revenue strategy, and deepen its presence in the wealth, knowledge, and B2B technology verticals.
Future chief executive Zillah Byng-Thorne said the deal will “accelerate our strategy, enhance our content capabilities and bring additional geographical and vertical revenue diversification, whilst materially increasing the proportion of recurring revenues across the group."
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