Future Publishing, the special-interest consumer magazine company, has announced the appointment of Robert Price as managing director of its UK business with immediate effect.
Price, formerly publishing director of Future’s entertainment and games divisions, replaces chief operating officer, Collin Morrison, who left the company to pursue personal interests last September.
The newly created role will see Price assume responsibility for driving growth at the UK’s fifth largest consumer magazine publisher, which has a portfolio of over 60 titles including Total Film, T3 and Metal Hammer.
It is understood that Price beat off competition from a number of candidates from across the UK media market, following an extensive selection process conducted by the Zygos Partnership and Future Network’s board of non-executive directors
Commenting on the appointment, Greg Ingram, chief executive of Future Network, said: “Robert’s demonstrable publishing experience, leadership skills and clarity of thinking, together with his determination to improve Future’s UK business mean that he will do a great job for this company, driving us on strongly in the months and years to come.”
Price added: “I’m pleased to have been part of the Future story for the past six years and relish the opportunity now presented to me. Future as a group has never been in better shape and it’s now up to me and my teams to drive the UK business even further from this very strong starting point.”
Price started his career at Future as publisher before being promoted to group publisher of the company’s games division and then publishing director of its entertainment division. Prior to joining Future he was head of marketing for Pearson New Entertainment Video and before that he was UK marketing manager for Interplay Productions.
Earlier this week Future Network announced plans to issue its first dividend to shareholders after reporting a strong set of financial results for the full year 2003. The group said that turnover was up by 11% to £182.7 million, whilst operating profit rose by 24% to £22.5 million (see Future Sets Maiden Dividend As Revenue Rises 11%).
Future Publishing: 01225 442 244 www.futurenet.com
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