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 Mini Magazine sold to Kelsey Publishing (Miniworld /Modern MINI)

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mab01uk

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PostSubject: Mini Magazine sold to Kelsey Publishing (Miniworld /Modern MINI)   30th July 2014, 23:11

Kelsey Publishing now own Mini Magazine as well as Miniworld and Modern MINI.
I would guess a merger of the two classic mags is inevitable as both are competing for the same readers and advertisers in a shrinking market, since the classic Mini went out of production.

"Kelsey also took on Future's auto titles and paid £2.1m in total; comprising £1.8m in cash and £0.3m of subscriptions deferred revenue to be retained by Future. In addition, deferred consideration of up to £0.8m is payable by 30 September 2015 based on revenue performance. Completion is scheduled to occur by end of August 2014.
The auto title line-up includes Fast Car, Fast Ford, Classic Ford, Classics Monthly, Total Vauxhall, Mini Magazine, Classic Ford Show, Japfest, Japfest 2: The Evolution, among others."
http://www.bikebiz.com/news/read/future-sells-triathlon-plus-to-kelsey-media/016689.
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Mini Magazine sold to Kelsey Publishing (Miniworld /Modern MINI)

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