Saturday 17 April 2021
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.theguardian - 2 month ago

Daily Mail owner buys New Scientist magazine in £70m deal

The 65-year-old title is forecast to make £7m in profits this yearThe publisher of the Daily Mail has acquired the renowned weekly science and technology magazine New Scientist in a £70m cash deal – the latest round of consolidation in the publishing sector.The 65-year old title, which is owned by a group of individual investors led by Sir Bernard Gray, is based in London, with offices in the US and Australia. New Scientist is forecast to make £7m in profits and more than £20m in revenues this year. Continue reading...


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