Classic Rock and Metal Hammer have changed hands, with the spectacularly named Team Rock purchasing the titles from Future.
Team Rock is led by John Myers:
Myers is executive chairman of the new company, TeamRock, which will create and distribute content to what it describes as the "large but under-served community" of rock music fans.Under-served community? With the two titles here, plus a bunch of spin-off sister publications, and Bauer's Kerrang empire, and the Download Festival, and Absolute Classic Rock, I'm not sure I'd identify this as a market segment that is especially neglected, but good luck to anyone trying to build a magazine brand. You... you are interested in the print product, right?
The new business is expected to announce more acquisitions in the next few days.
TeamRock describes itself as a "new international multimedia content creation and distribution business" to "provide and create premium content to rock-music fans across the world via digital platforms and through the Classic Rock and Metal Hammer titles".Oh.