Boating Communications Ltd. announces purchase of IBI magazine from Time Inc. UK

United Kingdom
8th May 2017

Boating Communications Ltd. announces purchase of IBI magazine from Time Inc. UK

Future of IBI and IBI Plus secured following acquisition

The title International Boat Industry (IBI) and its associated websites and newsletters have been acquired by Boating Communications Ltd. from Time Inc. (UK) Ltd.
This follows Time Inc. UK’s decision in February to close its b2b marine division. Subsequently Publishing Director Nick Hopkinson and three former members of staff, Edward Slack, Philip Pereira and Philippa Drysdale negotiated an asset purchase through their company Boating Communications Ltd. which has been accepted by Time Inc. UK and ensures the future of IBI and IBI Plus.
All four have been appointed directors of Boating Communications and will have similar roles to the ones they were fulfilling with Time Inc. UK before the closure came into effect.

Boating Communications has also acquired the trademarks and publishing rights to Superyacht Business magazine, together with its web site and newsletter, and a further announcement about the future of this title is expected shortly.

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