Future, the international media group and leading digital business, has acquired the magazines, domain names, events, radio licence and websites of Classic Rock, Metal Hammer, Prog, Blues and the Golden Gods for £800,000 from FRP Advisory, the administrators of Team Rock Limited.
Classic Rock, Metal Hammer and Prog have magazines and dedicated channels within the Team Rock website. Blues features as an online channel on the Team Rock website and Golden Gods is the events operation linked to Metal Hammer. Future chief executive Zillah Byng-Thorne said: "The acquisition of these classic rock brands with their associated magazines, events and websites marks a further step in our buy and build strategy. "It further reinforces our creation of a leading global specialist media platform with data at its heart, which we are monetising through diversified revenue streams. "We look forward to developing further these iconic and much-loved brands and to continuing to serve their communities of dedicated enthusiasts around the world."