B2C. DC Thomson, the Scotland-based, family-owned media group, has acquired PSP Media, the organiser of the Scottish Golf Show and Girls’ Day Out, in a deal which includes all the group’s print, events and digital assets. PSP, founded in 1995 with Bunkered magazine, will continue to be based in Glasgow. DC Thomson had acquired No.1 magazine from PSP in 2015 and now aims to find further synergies and growth opportunities including through B2B and B2C events and digital platforms. In September, it acquired the UK specialist magazine publisher Aceville in a deal estimated at £20m. Last month, it completed the acquisition of Kingdom FM and Original 106 to consolidate its position within Scottish radio.
In 2017-8, the 113-year-old DC Thomson made £71m of pre-tax profit on £191m of revenue from a portfolio spanning historic Scottish newspapers (in Dundee and Aberdeen), quaint old-fashioned women’s magazines (The People’s Friend and My Weekly), online genealogy (FindmyPast), Puzzler publications, and the free weekly Stylist which was acquired for £14m in 2016. Some 20% of DC Thomson revenues are from outside the UK (mainly the US), and 19% of all revenue is digital.
