Thursday, 3 February 2000
Publisher Highbury House has made moves to purchase rival Nexus, publishers of Live!, DJ magazine and Disco International. The Nexus titles will add to an already substantial Highbury portfolio of around 40 magazines ranging from technical publications such as Camcorder User through to home interest titles such as Women's Health. The Group also publishes a further 50 under contract. The acquisition of Nexus will be the latest in a string of investments for Highbury: in March 99 it formed a joint venture with Internet Advertising to publish magazines on the internet, three months later it bought Wyvern Crest, a database marketing company, for £3.7m and in September 99 it acquired WV, publisher of consumer magazines, for £7m.