Future has bought US curated news publisher Smartbrief in a deal worth up to $65m (£53.5m).

Washington-based Smartbrief provides targeted industry news taken from more than 1,500 external sources, which is sent to subscribers via some 250 email newsletters and published online and on mobile.

Future, which owns some 130 brands, from Total Film to PC Gamer and Four Four Two, paid an initial cash sum of $32.2m (£26.5m) for Smartbrief and $12.8m (£10.5m) in shares.