Friday, 21 September 2012

AOB 5-Disturibution and Ownership of Music Press

The NME is currenly owned by the music giant IPC Media who also owns magazines such as Horse &  Hound and Golf monthly. IPC media was founded in 1959 and now has a very large portfolio selling over 350 million copies a year. The IPC is a company of the Time INC whose parent company is (AOL) Time Warner. It was founded in 1993. As well as the IPC, Time INC publishes 30 America magazine including People, In Style and Life. Time Warner is the second largest multinational media copitation in the world behind Disney. It's headquarters are in Time Warner Centre, New York City.

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