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Future US

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Future US, Inc.
Company typeSubsidiary
IndustryPublishing
Predecessor
  • Imagine Media
  • GP Publications
Founded1994;30 years ago(1994)
Headquarters,
US
Key people
  • Rachelle Considine (CEO)
[1]
ParentFuture plc

Future US, Inc.(formerly known asImagine MediaandThe Future Network USA) is an Americanmediacorporationspecializing intargetedmagazinesandwebsitesin thevideo games,music,andtechnologymarkets.Headquartered inNew York City,the corporation has offices in:Alexandria,Virginia;Minneapolis,Minnesota;andWashington, D.C.[2]Future US is owned by parent company,Future plc,a specialist media company based inBath,Somerset,England.

History

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The company was established whenFuture plcacquired strugglingGreensboro(N.C.) video game magazine publisher GP Publications, publisher ofGame Playersmagazine, in 1994.[3]

The company launched a number of titles includingPC Gamer,and relocated from North Carolina to theSan Francisco Bay Area,occupying various properties inBurlingameandSouth San Francisco.WhenChris Anderson,the founder of Future plc, sold Future toPearson plche retained GP, renamed Imagine Media, Inc. in June 1995, and operated it as his sole company for a few years.[4]

Buoyed by the Internet economy and the success ofBusiness 2.0in the US (and subsequently in the UK, France, Italy and Germany), Future rode the boom of the late nineties. During this period the company won the exclusive worldwide rights to produce the official magazine forMicrosoft'sXboxvideo game consoleand cemented its position as a leader in the games market. In the spring of 2001, buffeted by economic factors and the market downturn, Future Network USA went through a strategic reset of its business that included the closure of some titles and Internet operations and the sale ofBusiness 2.0toAOL/Time Warner.[5]

On September 19, 2007,NintendoandFutureannounced thatFuture USwould obtain the publishing rights toNintendo Powermagazine. This came into effect with the creation of issue #222 (December 2007).[6]

On October 1, 2007, it was announced thatFuture USwould be makingPlayStation: The Official Magazine,which ended up replacingPSMand first hit newsstands in November 2007. With this launch, Future US became the publisher of the official magazines of all three major console manufacturers in the US.PlayStation: The Official Magazineclosed in 2012.[7]

In 2012,NewBay Mediabought the Music division of Future US.[8]

In 2018, Future reacquired majority of the assets previously sold to NewBay by buying NewBay outright forUS$13.8 million.[9]Future used this acquisition to expand its US footprint, particularly in B2B segment.[10][11]

In August 2024, Future announced it would be closingBroadcasting & CableandMultichannel Newsat end of day 30 September 2024.[12]

Magazines and websites

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Current titles

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Its magazines and websites include:

Defunct titles

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Notes

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  1. ^not to be confused withPocket GamerbySteel Media

References

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  1. ^"Bloomberg – Future US Inc".Bloomberg.RetrievedJuly 30,2021.
  2. ^"Contact".futureplc.com.Bath,Somerset:Future plc.2019.Archivedfrom the original on October 12, 2019.RetrievedOctober 12,2019.
  3. ^Cox, Howard; Mowatt, Simon (2014).Revolutions from Grub Street: A History of Magazine Publishing in Britain.Oxford University Press. p. 220.ISBN978-0199601639.
  4. ^"About Imagine".Imagine Media.[permanent dead link]
  5. ^"Timeline: a history of magazines".Magforum.com.RetrievedJune 17,2019.
  6. ^"Future officially takes over Nintendo Power".nintendoforums.com.October 12, 2007.RetrievedMay 21,2014.
  7. ^Kain, Erik (November 7, 2012)."PlayStation: The Official Magazine Is Shutting Down".Forbes.RetrievedJune 17,2019.
  8. ^"NewBay Media Buys Music Mags from Future US".Folio.January 13, 2012.[dead link]
  9. ^"Future plc Acquires NewBay Media for $13.8m".Future.April 4, 2018. Archived fromthe originalon August 1, 2019.RetrievedSeptember 1,2018.
  10. ^"PennWell Corp. and NewBay Media acquired by UK firms".Folio.Access Intelligence, LLC. April 4, 2018.RetrievedDecember 17,2018.[dead link]
  11. ^Butts, Tom."Future Publishing acquiresTV Technologyparent NewBay Media ".TV Technology.RetrievedDecember 17,2018.
  12. ^Spangler, Todd (August 6, 2024)."TV Industry Trade Outlets Broadcasting & Cable, Multichannel News Are Shutting Down".Variety.RetrievedAugust 7,2024.
  13. ^"netPOWER".RetrievedFebruary 26,2013.