Haymarket
About
Haymarket
Its
Britain's largest privately-owned publishing company. Haymarket
publishes a wide range of popular enthusiast magazines, from
motoring to soccer via hi-fi, and is a leading publisher of
specialist magazines for business and the professions. It
has a growing presence in the United States of America, the
Pacific Rim and Asia.
Haymarket's
main business is expanding rapidly as acquisitions and new
launches add to a range of high-quality magazines for a wide
variety of specialist business and consumer needs.
The
aim in each market has always been to achieve market leadership
through accurately targeted editorial of the highest possible
quality, which in turn will attract the highest quality circulation
for advertisers.
From
this strong position a magazine can surround itself with a
portfolio of allied services within its market, building a
range of activities with the magazine at its head. These can
encompass events, exhibitions, conferences, marketing services,
customer magazines, electronic publishing and bespoke publishing
projects, including contract and customer magazines.
Haymarket's
magazines are published in a dozen different languages in
over 20 countries either by direct investment or licence.
This
experience has enabled them to offer a highly specialised
international contract publishing service to leading companies
determined to bring the highest standards of consumer and
specialist publishing to their own brand magazines.
The history of Haymarket
The
history of the group starts in the 1950s when, as Cornmarket
Press, it published the Directory of Opportunities series
of career reference books. Town magazine was launched in 1960.
This led to a partnership with the printers, Hazell Watson
and Viney and the name Haymarket.
Management
Today was the major breakthrough into prestigious specialist
publishing. In 1965 a small medical group which published
the pharmaceutical index, MIMS, was purchased and by that
year Haymarket had a staff of 50 and a turnover of £700,000.
The group now employs 1000 people and has an annual turnover
of £130 million, making it the largest privately-owned
magazine company in Britain. It is responsible for more than
75 publications across five continents.
Their group structure
Growth
has been achieved by pursuing two basic strategies - to launch
and develop new publications and to purchase and revitalise
existing ones. In both cases the goal has always been to establish
market leaders as rapidly as possible.
Exhibitions
In conjunction with the developing magazine portfolio the
same strategies have been employed in parallel activities.
Haymarket's exhibitions subsidiary now stages 11 major events,
some linked to Haymarket titles and others totally independent
of them, including several run in partnership with the British
Broadcasting Corporation. Haymarket events now attract over
a million visitors a year, more than any other consumer exhibition
company in Britain.
Electronic
Publishing
Technology in electronic publishing now allows each title
to use its market position as a base for a wide variety of
innovative developments.
Events
Promoted alongside many of the magazines are dedicated specialist
conferences and annual awards like the Campaign Advertising
Awards in the business sector, the What Car? Awards in the
consumer sector and recruitment events like Visit.
Marketing
Services
Haymarket's in-company marketing services range from Haymarket
Direct, which offers over 300,000 highly targeted names and
addresses, via Brand Solutions, which helps advertising clients
to find new ways of extending their brands, to a wide variety
of customer magazines and special projects.
Developments
Over the past year has been one of rapid expansion for Haymarket.
A range of acquisitions and launches covering print and electronic
titles has added over 25 new magazines and a number of current
negotiations are likely to see further increases.
In
the UK magazine acquisitions include Human Resources, Internet
Business, IT Training and Stuff. The Net launches in June
1999 as a monthly helping people get the best from the Internet.
A separate edition, in association with Freeserve, goes on
sale in Dixons group stores. Overseas F1 Racing has extended
its circulation to five continents through a dozen national
and international editions, selling 400,000 copies every month.
In
the USA PR Week has been launched as a sister newspaper to
the UK edition.
In
Hong Kong and China Haymarket has gone into a partnership
with the South China Morning Post group and with the Media
Asia group.
The
company now publishes magazines in more than a dozen countries
and in seven major languages. This international spread allows
them to offer a world-wide specialist service as contract
publisher to companies seeking to strengthen their relationship
with their own customers around the globe.
Meanwhile
in electronic publishing Haymarket has developed many websites.
CampaignLive won a prestigious Cyber Lion Award. Other major
sites include What Car? Online, Autosport Online and Planning
Direct. The CD ROM monthly, eMIMS, made its debut in April.
The recently acquired Graduate Group's National Training Index
provides data on business courses and consultancies in both
electronic and printed forms.
174 Hammersmith Road,
London
W6 7JP
http://www.haymarketgroup.com
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