Published since 1956, Hi-Fi News delivers the latest news, analysis and opinions on new technologies, products and formats from hi-fi to home entertainment.
The deal sees MyHobbyStore acquire the brand – currently published within the IPC Inspire portfolio – with immediate effect. There will be no interruption to the publishing schedule of the title.
MyHobbyStore publishes some of the best known specialist hobby magazines in the UK, including titles such as RCM&E, Model Engineer, Model Boats and Good Woodworking. IPC Media announced the sale of Model Collector and Stamp Magazine to MyHobbyStore earlier this month.
IPC Inspire managing director Paul Williams says: “MyHobbyStore, with its passion for hobby brands, is the perfect new home for Hi-Fi News. As Hi-Fi News joins Stamp Magazine and Model Collector at MyHobbyStore I’d like to thank the team for all of their hard work, particularly over the course of the review process and acquisition negotiations. They have done a fantastic job and I wish them all the very best for the future.”
MyHobbyStore CEO Owen Davies adds: “Hi-Fi News is an outstanding magazine written for enthusiasts by enthusiasts. We are delighted to welcome the highly dedicated and experienced team to join our growing number of specialist titles.”
Staff transfer to MyHobbyStore with immediate effect.
- A Fusion Deal: IPC sells Model Collector and Stamp Magazine to MyHobbyStore.com Posted on October 11, 2010
- More IPC title sales Posted on October 7, 2010
- IPC sells two more titles Posted on October 5, 2010
- Kelsey Publishing acquires Cage and Aviary Birds from IPC Media Posted on September 29, 2010