Future Enjoying Strong Momentum

NEW YORK, NY / ACCESSWIRE / February 4, 2020 / Future plc, the global platform for specialist media, today announced strong audience growth metrics in the first four months of its fiscal year, and is forecasting its financial performance for the full year to be materially ahead of current market expectations.

Future's positive momentum points to a wider industry trend, in which advertisers are allocating more ad spend to premium publishers, as advertisers recognize the value of context and high-intent audiences. Moreover, eCommerce remains a key driver of growth for Future, indicating the diversification of revenue sources for publishers and opportunities for innovation.

The company update highlights growing audience numbers. Future is the #1 publisher in the U.S. in technology news, according to Comscore.

"Today we update our 2020 optimism, as we continue to gain market share," said Future Global CRO Mike Peralta. "Advertisers increasingly see the value of the highly engaged audiences that visit premium publisher sites. Advancements in 5G and video will enable us to continue our innovations in content commerce and all aspects of publishing."

About Future

Future is a global platform business for specialist media with diversified revenue streams.

The Media division is high-growth with three complementary revenue streams: eCommerce, events and digital advertising including advertising within newsletters. It operates in a number of sectors including technology, games, music, home interest, hobbies and B2B and its brands include TechRadar, PC Gamer, Tom's Guide, Android Central, Homebuilding & Renovating Show, GamesRadar+, The Photography Show, Top Ten Reviews, Live Science, Guitar World, MusicRadar, Space.com and Tom's Hardware.

The Magazine division focuses on publishing specialist content, with over 75 publications and over 568 bookazines published per year, totalling global circulation of 1.1 million. The Magazine portfolio spans technology, games and entertainment, music, creative and photography, hobbies, home interest and B2B. Its titles include Classic Rock, Guitar Player, FourFourTwo, Homebuilding & Renovating, Digital Camera, Guitarist, How It Works, Total Film, What Hi-Fi? and Music Week.

PRESS CONTACT:

Bill Brazell
bbrazell@witstrategy.com
917-445-7316

SOURCE: Future plc

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