MYTIME MODEL TITLES UNDER NEW OWNERSHIP
MyTime Media Ltd has announced the sale of four of its brands to Mortons Media Group Ltd as of 1st April 2022.
The brands are RCM&E, Model Boats, Model Engineer and Model Engineers’ Workshop. The magazines will continue to be led by their existing editors.
“We have owned these magazines for over 15 years but with our business focus changing within the group we have concluded that the titles’ future plans are best served by new ownership, where there is portfolio scale to benefit and add value to these titles,” said Owen Davies, MyTime Media’s Chief Executive.
“I’m very confident that Mortons Media, with their long-term approach to publishing, is a good home for the staff and the titles. Mortons are passionate about magazines and already publish other magazines, which these titles will complement.”Article continues below…
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Ian Fisher, Mortons’ Chairman, said he was looking forward to bringing the four magazines within the company’s wide-ranging portfolio of titles, and that it was a ‘good fit’ for Mortons Media Group, which already publishes many market leading brands, as well as numerous bookazines and books within the special interest sector.
“Our team here is very much looking forward to working with everyone on these new titles and providing quality products for our readers. Each of the new titles brings something slightly different to our group, and we are very excited at the opportunities they will provide us.”
FROM RCM&E’S EDITOR
Just prior to finalising the May issue I was informed that MyTime Media would be transferring all their model titles to a new publisher, Mortons Media Group, as of 1st April. The sale includes RCM&E, plus all her sister titles – Model Boats, Model Engineer and Model Engineers’ Workshop. Our website and forum at modelflying.co.uk have also transferred to Mortons.
Although this came as a big surprise, I have to say that I have been very reassured by all my dealings with Mortons management and staff in the past couple of weeks.
Everyone seems to have a real buzz about them, and they have given a warm and generous welcome to all the existing staff working on their new model titles. I am looking forward to pushing on and developing Radio Control Models & Electronics, backed up by all my new colleagues at Mortons Media.
As far as our readers and advertisers are concerned the changeover should be fairly seamless and I hope you will notice very little difference in how RCM&E looks and how you access your copy, whether it be by a subscription, via digital or purchased from a news outlet. So, please sit back, relax and settle in to read your favourite R/C model aeroplane magazine in the same way that you have become accustomed to in recent years.