Immediate Media Company

Immediate Media Company Limited (styled as Immediate Media Co) is a combined publishing house containing the former assets of Origin Publishing, Magicalia and BBC Magazines. It was formed on 1 November 2011 and is owned by Exponent Private Equity. It publishes over 34 magazine titles and maintains over 50 websites, and it employs 1100 staff in its offices in Hammersmith, London and in Bristol. Its CEO is Tom Bureau who has a background in digital media as well as traditional publishing. 60% of Immediate's profit is generated by the Radio Times, which is now spearheading the company's moves into online retailing. In May 2014 Immediate announced its acquisition of Future plc's Sport and Craft titles in a £24 million deal, acquiring 130 staff.