DMGT reinforces consumer science: New Scientist joins Mail stable


4 March 2021

Capital-rich DMGT has offered a £70m cash consideration, c.10x EBITDA, for New Scientist.

DMGT has tightened its portfolio in recent years, and recent acquisitions firmly push the core business back towards consumer media.

Why New Scientist? It is a premium, global scientific-news brand that has a strong subscription-first mentality.

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