This is a multi-platform media firm that offers services like advertising, e-commerce and events. This company was founded in 1985 and has a portfolio of over 80 brands on their books.
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Impressive watching Future tank.
They got rid of the old CEO as she made some acquisitions at the worst time. Buying an energy price comparison site GoCo just before the Ukraine war…
And the new one… Ex Buzzfeed as they keep liking to say seems like he wants to paywall everything possible and seems to be devoid of actual ideas bar flogging off the historic legacy brands.
So it doesn’t surprise me that it’s down to £5 a share…
My 2cent
Quite incredible the web properties these own.
I think GoCompare and Marie Claire cost them more than today’s market cap.
Read RCH update today, advert yields are heading up again. Might be worth research here :
The Company’s brands include Tom’s Guide, Marie Claire, PC Gamer, Homes & Gardens, GO.COMPARE, Cyclingnews, Country Life, Space.com, Guitar World, Advnture, Fit&Well, FourFourTwo, Practical Boat Owner, CinemaBlend, TV & Satellite Week, TV Times, Creative Bloq, ImagineFX, Newsarama, Bass Player, and Computer Music, among others.
New CFO from ITV appointed
Appointment of Sharjeel Suleman as Chief Financial Officer
The Board of Future plc (“Future” or “the Company”), the global platform for specialist media, is pleased to announce the appointment of Sharjeel Suleman to the Company’s Board as Chief Financial Officer.
Sharjeel is currently Chief Financial Officer at ITV Studios, a role he has held for the last five years. Before this, he held a variety of senior finance roles at ITV plc including Director of Group Finance and Director of Investor Relations. Sharjeel started his career at KPMG, where he qualified as a chartered accountant.
Climbing nicely now. Blackrock keep adding to their holdings