Future Network Strengthens Its Board Ahead Of Launch

Magazine publisher Future Network has announced the appointment of Jessica Burley to its board. Former publishing director of Pearson’s FT business magazines, Burley will take responsibility for the launch of Business 2.0, the group’s US internet title due to launch in the UK in May 2000.

The group also intends to expand its online activities and has appointed John Weir as online director. Currently publishing director at Future UK, he will have responsibility for implementing Future’s net strategy in the UK.

The group announced today that venture capital firm Apax Partners is to realise its 12% stake in the company. As a result 14.45 million shares will be placed at £7.45 each.

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