
Time Inc UK’s magazine and digital portfolio, including NME and Marie Claire, has been sold to a private equity firm for an undisclosed sum.
London-based company Epiris Fund II announced it had acquired Time Inc UK today, just three months after US media company Meredith Corp bought out Time Inc (including its UK arm) for $2.8bn.
Time Inc UK’s portfolio of more than 50 brands includes consumer magazines Woman’s Weekly and Ideal Home, specialist titles including Wallpaper*, Cycling Weekly and Horse & Hound and entertainment publications What’s On TV and TV Times.
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