

24.02.04  BBC
Magazines acquires Origin Publishing
BBC Magazines has acquired Origin Publishing the Bristol-based
publisher of 12 quality specialist consumer magazines such as Focus
and Living History plus a range of award-winning contract titles
including Waterstones Books Quarterly and HMV Choice.
The
purchase of Origin, which employs around 110 staff, is part of BBC
Magazines strategy to grow through new launches and acquisitions
that saw the company launch five new consumer magazines last autumn
and acquire Parentwise magazine which was subsequently relaunched
as BBC Parenting Magazine.
Origin
will provide BBC Magazines with a specialist publishing arm and
provide an opportunity to move the BBCs existing specialist
titles - BBC History Magazine, BBC Wildlife and BBC Music Magazine
to Origins headquarters in Bristol where they would
benefit from Origins long experience in producing such magazines
profitably and its knowledge of specialist markets and specialist
distribution channels.
Says
BBC Magazines Managing Director Peter Phippen: "Origin is a
very successful publisher of quality specialist magazines. This
is an important and exciting development and gives us a powerful
base from which to publish the three titles that we propose to move
there, and indeed from which to plan future launches in specialist
markets."
Origin
will continue to be run by Chief Executive Kevin Cox, who founded
the company in 1997, and will be managed as a wholly owned subsidiary.
Says
Kevin Cox: "I am thrilled that Origin is to be owned by BBC
Magazines and benefit from its position as a high-calibre publisher
of some of the UKs best known and most respected magazines,
while continuing to be run at arms-length in a way that will benefit
our existing range of titles as well as the BBCs own specialist
portfolio."
Notes
to Editors:
BBC Magazines is a division of BBC Worldwide Ltd, the commercial
consumer arm of the BBC. Its portfolio of nearly 40 regular titles
for adults, teenagers and children includes Radio Times - Britains
most profitable magazine. BBC Worldwide does not use licence fee
income for its activities and re-invests in public service programming.
In 2002/2003 BBC Worldwide returned £123 million to the BBC.

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