Interactive acquires Marine Media

PLUS-quoted Interactive Publishing has acquired Northern Ireland-based publisher Marine Media from Sterling Securities International for £200,000. 


PLUS-quoted Interactive Publishing has acquired Northern Ireland-based publisher Marine Media from Sterling Securities International for £200,000. 

PLUS-quoted Interactive Publishing has acquired Northern Ireland-based publisher Marine Media from Sterling Securities International for £200,000.

Marine Media is a new company established for the purpose of holding the assets of the consumer title, Sailing Today, which previously traded as a division of a larger publisher. The company is expected to generate some £800,000 in turnover from subscriptions and advertising.  

Justin Sanders, CEO of Interactive Publishing, said: ‘The publishing market as a whole for single title publishers has become a tough environment with the downturn in global advertising and the limited budgets to push into the new media age. [As] part of a dynamic group, Marine Media will develop and add new revenue streams.’

In the six months to December 2008, London-based Interactive Publishing reported revenue of £3.3 million and a pre-tax loss of £83,772.

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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