More than 100 jobs on the line as IPC sells specialist titles

IPC Media is in the process of selling a number of its specialist newsstand magazines, including Guitar, Web User and The Railway, and more than 100 staff have entered into consultation.

Guitar: one of the IPC magazines set to be sold
Guitar: one of the IPC magazines set to be sold

A source has confirmed that the titles will not be sold wholesale to one publisher, but are to be sold to several niche publishers across the UK, as part of a rolling process expected to be conducted by the end of the year.

Up to 28 titles are believed to be involved, affecting at least 100 individuals in sales teams and events roles, in addition to journalists.   

It follows IPC's launch of a strategic review in April, as it looked to invest more in its core multi-platform brands.

The publisher said that its restructure in January was "the first phase in IPC’s long-term strategy."

A spokesperson for IPC Media, said: "I can confirm that arising from the strategic review of IPC’s specialist titles, we are in consultation with staff on a number of brands. But the consultation is about an intention to sell, not the completion of any sale, and we will not be confirming any information about brands or prospective purchasers until and if deals complete."

Revelations about the wide-ranging sell-off come days after from her role after 20 months, to be replaced by former chief executive Sylvia Auton.

Earlier today, Media Week revealed IPC was in exclusive negotiations to to publisher Vitality.

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