Dundee publisher adds to stable
DC Thomson acquires No1 magazine
Published by PSP Publishing, No.1 Magazine has been in circulation for almost 10 years and focuses on celebrity news, fashion and beauty, interior trends, fitness, food and events.
No.1 Magazine will join DC Thomson’s portfolio of publications with immediate effect. Existing No.1 Magazine staff members will transfer to the company’s Glasgow office in Skypark.
Ellis Watson, chief executive of DC Thomson Publishing, said, “No.1 Magazine will complement our existing brands, in particular our mature and women’s titles, and strengthen our magazines portfolio. It fits nicely as a Scottish sister alongside our other titles like My Weekly and Scottish Wedding Directory.
“It’s is an interesting opportunity and we’re pleased to fully integrate the title which we hope will deliver benefits for the title and the company.”
Paul Grant, Managing Director of PSP Publishing, said, “From its launch in 2006 we are very proud to have successfully developed the magazine to this stage. However, this purchase represents a very exciting time for No.1 and I am confident that the title will continue to grow and prosper now that it is part of the DC Thomson portfolio.”
Last month DC Thomson bought the 50% of ShortList Media it did not already own. Led by chief executive Mike Soutar, Shortlist Media pioneered the free, quality weekly magazine format when it launched men’s magazine ShortList in 2007.
Led by chief executive Mike Soutar, Shortlist Media pioneered the free, quality weekly magazine format when it launched men’s magazine ShortList in 2007, which Soutar would go on to term “freemium”.
ShortList became the biggest distributing magazine in the men’s lifestyle sector with an audited weekly ABC in excess of 500,000.
Two years later, and despite a tough economic climate, the company launched Stylist, the free weekly women’s magazine, in October 2009.