AOB 5 Distribution & Ownership (Music Press)

Task 1
Who owns and distributes the NME?
The NME is currently owned by IPC, who brought the print from Maurice Kinn in 1963, and slowly changed the paper from its original tabloid layout to the magazine print that people buy today.

Who owns IPC?
IPC is a wholly owned subsidary of Time Inc., which was formed in the 1950s.
IPC Ltd was the subject of a management buyout in 1998, and the company was renamed IPC Media. The company that brought IPC, Civen, then sold the company to Time Inc., a magazine publishing subsidary of Time Warner in 2001.

Who owns Time Inc.?
Time Inc. is a subsidary to the media conglomerate Time Warner.
Formed in 1990, the group was a merge of the original Time Inc. and Warner Communications.
The company published 130 magazines, and grew to own several british magazines and companies, such as IPC.

Time Warner is a multi-national media corporation headquartered in Time Warner Center in New York, America.
It was the world's second largest media and entertainment conglomerate as of 2010, second only to Disney, as well as the world's largest media conglomerate.