Future US explained

Future US
Industry:Publishing
Founders:-->
Successors:-->
Hq Location City:New York City
Hq Location Country:US
Areas Served:-->
Key People:[1]
Owners:-->
Parent:Future plc

Future US, Inc. (formerly known as Imagine Media and The Future Network USA) is an American media corporation specializing in targeted magazines and websites in the video games, music, and technology markets. Headquartered in New York City, the corporation has offices in: Alexandria, Virginia; Minneapolis, Minnesota; and Washington, D.C.[2] Future US is owned by parent company, Future plc, a specialist media company based in Bath, Somerset, England.

History

The company was established when Future plc acquired struggling Greensboro (N.C.) video game magazine publisher GP Publications, publisher of Game Players magazine, in 1994.[3]

The company launched a number of titles including PC Gamer, and relocated from North Carolina to the San Francisco Bay Area, occupying various properties in Burlingame and South San Francisco. When Chris Anderson, the founder of Future plc, sold Future to Pearson plc he retained GP, renamed Imagine Media, Inc. in June 1995, and operated it as his sole company for a few years.[4]

Buoyed by the Internet economy and the success of Business 2.0 in the US (and subsequently in the UK, France, Italy and Germany), Future rode the boom of the late nineties. During this period the company won the exclusive worldwide rights to produce the official magazine for Microsoft's Xbox video game console and cemented its position as a leader in the games market. In the spring of 2001, buffeted by economic factors and the market downturn, Future Network USA went through a strategic reset of its business that included the closure of some titles and Internet operations and the sale of Business 2.0 to AOL/Time Warner.[5]

On September 19, 2007, Nintendo and Future announced that Future US would obtain the publishing rights to Nintendo Power magazine. This came into effect with the creation of issue #222 (December 2007).[6]

On October 1, 2007, it was announced that Future US would be making , which ended up replacing PSM and first hit newsstands in November 2007. With this launch, Future US became the publisher of the official magazines of all three major console manufacturers in the US. PlayStation: The Official Magazine closed in 2012.[7]

In 2012, NewBay Media bought the Music division of Future US.[8]

In 2018, Future reacquired majority of the assets previously sold to NewBay by buying NewBay outright for .[9] Future used this acquisition to expand its US footprint, particularly in B2B segment.[10] [11]

In August 2024, Future announced the closures of Broadcasting & Cable and Multichannel News.[12]

Magazines and websites

Current titles

Its magazines and websites include:

Defunct titles

Notes and References

  1. Web site: Bloomberg – Future US Inc . Bloomberg . 30 July 2021.
  2. Web site: Contact . 2019 . futureplc.com . . . live . https://web.archive.org/web/20191012183608/https://www.futureplc.com/contact/ . 12 October 2019 . 12 October 2019.
  3. Book: Cox . Howard . Revolutions from Grub Street: A History of Magazine Publishing in Britain . Mowatt . Simon . Oxford University Press . 2014 . 978-0199601639 . 220.
  4. Web site: About Imagine . Imagine Media . bot: unknown . https://web.archive.org/web/19991012021451/http://imaginemedia.com/ . October 12, 1999.
  5. Web site: Timeline: a history of magazines . Magforum.com . 17 June 2019.
  6. Web site: Future officially takes over Nintendo Power . 2007-10-12 . Nintendo Forums . 2014-05-21.
  7. Web site: PlayStation: The Official Magazine Is Shutting Down . 7 November 2012 . Forbes . 17 June 2019.
  8. Web site: NewBay Media Buys Music Mags from Future US . 13 January 2012 . Folio.
  9. Web site: Future plc Acquires NewBay Media for $13.8m . 4 April 2018 . Future . September 1, 2018 . August 1, 2019 . https://web.archive.org/web/20190801190528/https://www.futureplc.com/2018/04/04/future-plc-acquires-newbay-media-for-13-8m/ . dead .
  10. April 4, 2018 . PennWell Corp. and NewBay Media acquired by UK firms . Folio . Access Intelligence, LLC . December 17, 2018.
  11. Butts . Tom . Future Publishing acquires TV Technology parent NewBay Media . . December 17, 2018.
  12. Web site: Spangler . Todd . 2024-08-06 . TV Industry Trade Outlets Broadcasting & Cable, Multichannel News Are Shutting Down . 2024-08-07 . Variety . en-US.
  13. Web site: netPOWER . 2013-02-26.