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24 September 2014
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Βι¶ΉΤΌΕΔ Worldwide Press Releases



24.02.04

Βι¶ΉΤΌΕΔ Magazines acquires Origin Publishing

Βι¶ΉΤΌΕΔ Magazines has acquired Origin Publishing Β– the Bristol-based publisher of 12 quality specialist consumer magazines such as Focus and Living History plus a range of award-winning contract titles including WaterstoneΒ’s Books Quarterly and HMV Choice.


The purchase of Origin, which employs around 110 staff, is part of Βι¶ΉΤΌΕΔ MagazinesΒ’ strategy to grow through new launches and acquisitions that saw the company launch five new consumer magazines last autumn and acquire Parentwise magazine which was subsequently relaunched as Βι¶ΉΤΌΕΔ Parenting Magazine.


Origin will provide Βι¶ΉΤΌΕΔ Magazines with a specialist publishing arm and provide an opportunity to move the Βι¶ΉΤΌΕΔΒ’s existing specialist titles - Βι¶ΉΤΌΕΔ History Magazine, Βι¶ΉΤΌΕΔ Wildlife and Βι¶ΉΤΌΕΔ Music Magazine Β– to OriginΒ’s headquarters in Bristol where they would benefit from OriginΒ’s long experience in producing such magazines profitably and its knowledge of specialist markets and specialist distribution channels.


Says Βι¶ΉΤΌΕΔ Magazines Managing Director Peter Phippen: "Origin is a very successful publisher of quality specialist magazines. This is an important and exciting development and gives us a powerful base from which to publish the three titles that we propose to move there, and indeed from which to plan future launches in specialist markets."


Origin will continue to be run by Chief Executive Kevin Cox, who founded the company in 1997, and will be managed as a wholly owned subsidiary.


Says Kevin Cox: "I am thrilled that Origin is to be owned by Βι¶ΉΤΌΕΔ Magazines and benefit from its position as a high-calibre publisher of some of the UKΒ’s best known and most respected magazines, while continuing to be run at arms-length in a way that will benefit our existing range of titles as well as the Βι¶ΉΤΌΕΔΒ’s own specialist portfolio."


Notes to Editors:
Βι¶ΉΤΌΕΔ Magazines is a division of Βι¶ΉΤΌΕΔ Worldwide Ltd, the commercial consumer arm of the Βι¶ΉΤΌΕΔ. Its portfolio of nearly 40 regular titles for adults, teenagers and children includes Radio Times - BritainΒ’s most profitable magazine. Βι¶ΉΤΌΕΔ Worldwide does not use licence fee income for its activities and re-invests in public service programming. In 2002/2003 Βι¶ΉΤΌΕΔ Worldwide returned Β£123 million to the Βι¶ΉΤΌΕΔ.




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