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Attic Futura Parent Company Merger Called Off
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The planned merger between Attic Futura owners PMP and the Independent Print Media Group (see Attic Futura To Be Sold Off By Parent Company) is said to have been called off, after it was found that the concessions necessary to please Australian authorities would reduce the value of the deal.
This means that the future for Attic, which publishes Shine, CD:UK, Inside Soap, All About Soap, Real Health & Beauty, Good Health, B and Sugar, is uncertain, as the original merger plan would have seen the UK publishing interest sold off by PMP, following an asset swap with co-owners North South earlier this year which returned control to the Australian publishers.
Despite uncertain prospects, Attic Futura yesterday announced the rebranding of its promotions department as “Attic Ideas”. The department will be headed by Suzan Antonowicz, business development and promotions director, who reports to commercial director Caroline Connor.
Attic Futura: 020 7636 5115 www.atticfutura.co.uk
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