Magazine-media. The UK’s Haymarket Media Group has announced the sale of Stuff magazine to the privately-owned, £20m-revenue Kelsey Media. The deal follows Haymarket’s sale of What Hi-Fi?, FourFourTwo, Practical Caravan and Practical Motorhome to Future earlier in May. The divestments seem to represent the continuing portfolio rationalisation of the privately-owned, magazine-centric Haymarket after its 2016 financial rehabilitation, courtesy of a major property divestment. The company had revenues of £90m in 2016-17.
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Haymarket sells gadget magazine Stuff to Kelsey
