20 September 2016
- Organisational changes announced to drive digital growth
- Digital operations consolidated
- New office settings and ways of working
Time Inc. UK today announces big plans to help grow its business in a changing market.
A key part is consolidation, with digital operations, encompassing strategy, brand, product and audience development coming under digital director, Neil Robinson. As a result of this change he assumes responsibility for the majority of Time Inc. UK’s brand websites. This centralisation of digital will allow greater focus and be a strong platform for growth.
Sam Finlay will retain responsibility for digital advertising revenues under his remit as chief revenue officer.
Andrea Davies, group strategy director and group managing director, will take responsibility for further advancing Time Inc. UK’s already buoyant organic investment and acquisition pipeline.
Marcus Rich, CEO, says: “These changes will enable us to develop as a modern media company with digital at its heart. We will be able to create great digital content delivered on the best digital infrastructure.
“We have already made key acquisitions such as ICHF, UKCE and Collective, and have built strong strategic partnerships, such as the one we have with Ocado with Fabled by Marie Claire. With these changes we will be able to speed up our growth and move into new areas.”
A further important change is that Time Inc. UK will be relocating some staff to newly refurbished premises at 161 Marsh Wall, south of the Canary Wharf estate. The move will mean that the majority of Time Inc. UK staff will be spread across four key locations: 161 Marsh Wall and 5 Churchill Place in Canary Wharf, Pinehurst II in Farnborough, Hampshire and the Blue Fin Building, SE1, which will remain its registered head office and home to its central advertising team.
Marcus adds: “Following the sale of the Blue Fin building last year, we have always intended to introduce a more modern and flexible approach to the way we work. It’s key to our being a modern media company and will provide the right environment to maximise our creativity. It also meets the needs of our people – in a recent survey, almost 70% expressed a wish to be able to work in a more flexible way. All of our key office spaces have been tailored specifically for us based on what our teams said they needed, be that hot desking, video and TV production facilities or a soundstage for bands to perform on.
“We already have premium content and data-driven intelligence, delivered at a scale which sets us apart. Now we are adding a renewed focus on digital growth, exciting new businesses such as events and e-commerce, and a modern way of working, we are in great shape for the future.”
Notes to editors:In addition to its four key locations, Time Inc. UK also has offices in Manchester, Poole, Fordingbridge in Hampshire and Christchurch in Dorset.
The Blue Fin building was sold to Oxford Estates in 2015.
In the last 18 months, Time Inc. UK has bolstered its presence in the craft and cycling vertical sectors by acquiring two market leading events businesses: craft event business ICHF Events and UK Cycling Events. The digital advertising business Collective was also acquired in May this year.
About Time Inc. UK.
Time Inc. UK is one of the UK’s leading media companies. With more than 50 iconic brands tailored to the passions of its audiences - including Marie Claire, NME, Decanter, Country Life, Horse & Hound, What's on TV, Wallpaper*, Ideal Home and Woman’s Weekly - Time Inc. UK creates content for multiple platforms including print, online, mobile and experiences.
As well as a leading portfolio of brands Time Inc. UK also owns; UK Cycling Events (UKCE), the UK’s leading provider of premium cycling events, International Craft & Hobby Fair Limited (ICHF), the UK’s number one craft events business, and Collective UK the leading provider of premium digital creative advertising solutions. Marketforce, Time Inc. UK’s market leading newstrade sales and distribution company supports over 30% of the magazine market helping bring their products to market and optimise their sales.
For further information, please contact:
Anna Foster, group head of PR, Time Inc. UK, Tel: 020 3148 5406, Email: firstname.lastname@example.org
Victoria Higham, PR manager, Time Inc. UK, Tel: 020 3148 5401, Email: email@example.com
Holly McNally, PR manager, Time Inc. UK, Tel: 020 3148 5405, Email: firstname.lastname@example.org