IPC restructures publishing arms

Magazine publisher IPC has introduced autonomous boards for its five publishing divisions in preparation for flotation within the next two to three years.

The five divisions have also become limited companies and two division names have been changed; the Women’s Weeklies Group is renamed IPC Connect and the TV Weeklies Group becomes IPC tx. The three other publishing division names remain virtually the same: IPC SouthBank Publishing Company, IPC Country & Leisure Media and IPC Music & Sport.

The change in status to limited companies has been implemented to create greater transparency and financial accountability, according to IPC.

Two new sales departments have also been launched. IPC Solutions will focus on developing individual proposals for advertisers across the entire IPC portfolio. The other new division, IPC Central Sales, has been set up to service 11 key clients which currently advertise across the portfolio, and to bring in new heavyweight advertisers.

Chief executive Mike Matthew dismisses suggestions that the new structure could be a precursor to a sale of parts of the company. He says: “We have no intention of selling. That is absolutely not the case.”

IPC’s new company boards will be headed by existing managing directors. Editorial staff will also sit on the boards to ensure increased editorial involvement.

This new approach follows the radical restructure of the organisation announced in early January. The company axed ten per cent of its workforce in an effort to create 6m in annual cost savings.

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email customerservices@marketingweek.com

If you are looking for our Jobs site, please click here