Future plc (LSE: FUTR, “Future”, “the Group”), the global platform for specialist media, today announces the acquisition of Marie Claire US, a joint venture between Marie Claire Album S.A.S. (“MCA”) and Hearst Magazines Media Inc. Future has entered into a five year license agreement with MCA to operate in the US and Canada. Marie Claire US reached 17.5 million monthly online users in 2020 with revenue of $19.1m of which approximately half represents digital media revenue.
The acquisition follows Future’s acquisition of Marie Claire UK in 2020 and builds on the ongoing success of the MarieClaire.co.uk brand. It strengthens Future’s position in the women’s lifestyle vertical in North America in line with the Group’s strategy to achieve brand vertical leadership across English speaking markets.