Revolver Magazine Sold For $4 Million

U.K. magazine giant Future Publishing has paid £2.3 million (approximately $4 million) to buy U.S. heavy metal magazine Revolver, which has a circulation of around 200,000 (Note: San Francisco Business Times lists the magazine's circulation as 150,000), from Harris Publications, according to BrandRepublic.com.

Revolver and its web site will join the six titles in Future U.S.'s music portfolio, including Guitar World and Future Music.

It was launched in 2000 and now generates gross profits of $500,000 on turnover of $3.7 million.

Greg Ingham, chief executive of Future, said: "Revolver is a natural fit with our U.S. music titles and will benefit from being part of a larger music portfolio.

"There is also strong editorial crossover with our UK music titles Metal Hammer and Classic Rock, both of which are seeing good circulation growth at present."

Thanks for the info to Blabbermouth.net.

Comments

[mustiebalzak]

revolver mag wasn't that good.

[pgoose]

mustiebalzak wrote:

revolver mag wasn't that good.

Revolver is the best mag in the world

[MetalDisease]

not the best but its great

[KerazyPhool]

Good for them

[FS Guitar]

wasn't it already owned by future...?

[blink182man2nd]

does this mean it will be cheaper in the UK now, cause its pretty good the times i got it!

[rhoades4ever]

revolver is the best out of all the US music mags

[ready4thebreak]

I loved revolver it was so much better than decibel. Decibel tries to get too much gossip out about bands before they knew all the facts. I trusted Revolver for everything cuz they always had the bands they spoke about in the magazine with pictures. I hope they dont change for the worst now.

[kurt_isnot_dead]

i like revolver