Daily Mail & General Trust Plc. (DMGT.L) said that its Consumer Media business, dmg media, has acquired New Scientist, science publishing title, from a consortium of individual investors led by Bernard Gray, for 70 million pounds in cash.
New Scientist has a large and growing international readership, with a weekly circulation of about 120,000, of which just over half are UK-based.
In 2021, the business is expected to generate cash operating income and operating profit of about 7 million pounds and revenues are expected to exceed 20 million pounds.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.