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Haymarket Media Group
Haymarket Media Group
from Wikipedia

Haymarket Media Group is a private media company headquartered in London, United Kingdom. It has publications in the consumer, business and customer sectors, both print and online. It operates exhibitions allied to its own publications, and previously on behalf of organisations such as the BBC.

Key Information

History

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Haymarket was founded in 1957.[1] Clive Labovitch and Michael Heseltine – later a Cabinet minister under Margaret Thatcher and Deputy Prime Minister under John Major – who had met at university, started out with the 1957 Directory of Opportunities for Graduates, and in 1959 relaunched Man About Town, which was to become an influential (if unprofitable) men's consumer magazine.

The company failed in its relaunch of the British news weekly Topic, the title closing at the end of 1962, within three months of the takeover.[2] The partners split in 1965, with Heseltine renaming his half of the business Haymarket Press to publish Management Today.[3] In 1965, the company acquired the medical business AE Morgan, which produced a reference book of drug formulas for the medical profession, for £250,000.[1]

In 1967 British Printing Corporation merged its titles into the company too. New titles included weekly Autosport, monthly Lithoprinter (later known as PrintWeek) and Gardener's Chronicle (GC).

The company was renamed Haymarket Publishing; owing to its growing presence in online media and live events, it was rebranded as Haymarket Media Group in 2007.[4] Haymarket has laboured under heavy borrowings since Michael Heseltine returned from politics to take the helm and to buy back large minority shareholdings from Lindsay Masters and Simon Tindall, who had managed the business in his absence. These borrowings were reduced to some extent by the sale of properties. The company is now managed by Heseltine's son Rupert.[4]

Operations

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Haymarket Business Media

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This division provides news and information for professionals in areas including environmental management, horticulture, planning, medicine and marketing.[citation needed] These are generally subscription-only publications and, in all but a limited number of cases, are not available for sale via retail.[citation needed]

The portfolio includes a number of magazines and websites: Brand Republic, Campaign, Clinical Advisor, COMPASS Online, Conference and Incentive Travel, DCP Online, DMNews, The ENDS Report, Event, FinanceAsia, GP magazine, Horticulture Week, Monthly Prescribing Reference, Management Today, Marketing, Marketing Direct, McKnight's Long-Term Care News, Media Week, MIMS, MM&M, Planning Resource, PRWeek, Placemaking Resource, Renal & Urology News, SC Magazine, Third Sector, TASPO, Cancer Therapy Advisor and Windpower Monthly.

Haymarket Consumer Media

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Haymarket publishes a number of automotive consumer magazines, all for sale by retail, and also a number of websites. The portfolio includes Autocar, CAT, Classic & Sports Car, and What Car?. The division was formerly a home to motoring photographic agency LAT Photographic.

In 2013, Haymarket sold Gramophone to Mark Allen Group.[5] In 2016, Haymarket sold its motorsport properties (including LAT Photographic) to Motorsport Network. In 2018, Haymarket sold Practical Caravan, Practical Motorhome, FourFourTwo and What Hi-Fi? to Future and Stuff to Kelsey Media.[6]

Wonderly

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In February 2019, the Haymarket Media Group launched Wonderly, a content marketing agency.[7] In April 2019, Nic Shaw joined Wonderly to lead an editorial team embedded in Volkswagen Group's headquarters in Milton Keynes.[8]

Haymarket exhibitions

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Exhibitions include:

Worldwide

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Haymarket entered the Indian market in 1999, becoming one of the first foreign-owned magazine publishers to do so.[4]

References

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[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia
from Grokipedia

Haymarket Media Group is a privately owned global media company headquartered in London, United Kingdom, founded in 1957 by Michael Heseltine to produce specialist publications in business, consumer, and healthcare sectors.
The company develops content across print, digital, events, and data services, maintaining a portfolio of more than 70 brands targeted at professional and enthusiast audiences, including advertising trade title Campaign, automotive magazine What Car?, and public relations publication PRWeek.
Haymarket's operations span multiple continents, with key offices in the UK, United States, Asia, and Australia, emphasizing niche market expertise and trusted information delivery since its inception as a conservative-leaning enterprise that funded Heseltine's entry into politics.

History

Founding and Early Development

Haymarket Media Group originated as Cornmarket Press, established in in 1957 by , then a recent University graduate, and his associate Clive Labovitch. The venture began modestly in a small office, focusing on recruitment-oriented publications targeted at students and graduates, with the inaugural title being the Directory of Opportunities for Graduates, a guide listing job prospects for university leavers. This directory capitalized on post-war economic expansion and rising higher education enrollment in the , providing a controlled-circulation model that distributed copies free to targeted audiences while generating revenue through advertising from employers. In 1959, Cornmarket Press expanded by acquiring its first consumer magazine, the quarterly Man About Town, purchased for £300 after Labovitch identified the underperforming title as an opportunity for revitalization through improved editorial focus and distribution. This acquisition marked an early shift toward and men's interest content, blending recruitment with broader consumer appeal. By the early , the company had built on this foundation by innovating in customer publishing—applying controlled-circulation principles to bespoke magazines for corporate clients—and issuing additional directories and guides, such as student-focused titles like Oxford University What's What. The partnership between Heseltine and Labovitch dissolved around 1965, prompting Heseltine to rebrand his controlling share as Haymarket Press, under which the firm launched Management Today in 1966 as its first major business magazine. This period solidified Haymarket's dual emphasis on business-to-business titles serving professional sectors and consumer media, with early growth driven by Heseltine's hands-on management amid his concurrent entry into politics as a Conservative MP in 1966. The company's revenue model relied heavily on advertising from industries like recruitment, manufacturing, and consumer goods, achieving profitability through lean operations and targeted niche markets rather than mass circulation.

Expansion Under Heseltine Leadership

Under Michael Heseltine's leadership following the company's rebranding in 1964, Haymarket shifted from directory publishing to specialist magazines, launching Campaign in 1968 as its flagship title covering advertising and marketing. This period saw rapid diversification into niche sectors, including medical publishing through the 1964 acquisition of MIMS (Monthly Index of Medical Specialities) and the launch of GP, a magazine for general practitioners. Automotive and leisure titles such as Autosport (motorsport) and Practical Caravan were also integrated via launches and acquisitions, bolstering consumer media segments. The 1970s and 1980s brought infrastructural and operational growth to accommodate expanding staff and titles, including the purchase and refurbishment of a large headquarters in in 1980, previously scattered across inadequate offices. Haymarket further strengthened its marketing portfolio by acquiring PRWeek in 1988, enhancing coverage of four years after Campaign's established dominance. These moves reflected a of targeted investment in high-value B2B niches, leveraging Heseltine's amid his intermittent political engagements, with family oversight ensuring continuity. By the late , this expansion had positioned Haymarket as the UK's largest independently owned house, with revenues diversified across advertising-dependent specialist titles rather than broad consumer generalists. The approach prioritized profitability in underserved markets like medical and , avoiding overextension into volatile , though it later faced challenges from digital disruption in the 2000s.

Key Acquisitions and Restructuring

In 2009, Haymarket Publishing restructured its marketing and advertising trade titles by discontinuing the print edition of Media Week and shifting it to an online-only format, as part of broader efforts to adapt to digital trends amid declining print revenues. A more extensive reorganization occurred in 2014, prompted by an £8 million loss over 18 months, involving the disposal of non-core assets, office relocations, debt reduction initiatives, and aggressive cost-cutting measures; this restructuring coincided with Rupert Heseltine, son of founder Paul Heseltine, assuming direct control of daily operations to streamline the business. Haymarket has pursued strategic acquisitions to bolster its portfolios in , , and digital sectors. On March 5, 2015, its U.S. subsidiary Haymarket Media Inc. acquired Group DCA, gaining assets such as the proprietary platform for medical visuals and the The Medical Bag brand. In February 2021, Haymarket took a stake in TMotions Global, a data firm, though financial terms were not disclosed. The company acquired Bay Publishing Ltd. on January 9, 2023, incorporating three established global brands focused on and content with plans for digital enhancements. Later that year, on September 18, Haymarket purchased Garden Connect, a horticulture-focused platform. Most recently, on September 25, 2025, Haymarket acquired Marketing Week, Creative Review, and the Festival of Marketing event from Centaur Media, expanding its marketing intelligence offerings and establishing new footholds in Canada via Campaign Canada and the Netherlands through a green business title.

Ownership and Leadership

Heseltine Family Control

The Haymarket Media Group was co-founded in 1957 by , who initially partnered with others before assuming majority control following a 1965 split that renamed his portion Haymarket Press. During Heseltine's political career, including his tenure as a Conservative MP and cabinet minister, his 51% stake was placed in a family trust to comply with conflict-of-interest rules, with day-to-day management handled by executives such as Lindsay Masters, Simon Tindall, and David Fraser. This arrangement persisted until 2007, when the Heseltine regained direct control, affirming the company's status as a private, family-owned entity intended to remain so across generations. By 2014, amid financial restructuring to address an £8 million pre-tax loss, the Heseltine family consolidated 100% ownership of the group, eliminating external shareholders and enabling focused strategic decisions unencumbered by outside influences. , who had handed operational reins to his son Rupert in 2009, continued as chairman until December 2022, marking 65 years of involvement and overseeing the transition to full family stewardship. Rupert Heseltine, a director since 2001, assumed the chairmanship, maintaining the family's dominant role in while leveraging his experience in media operations. This structure has preserved Haymarket's independence as a privately held enterprise, with the Heseltine family's unified ownership—confirmed through records listing Michael and other family members as key persons with significant control—facilitating long-term investments in digital diversification and global expansion without public market pressures. The absence of minority investors or institutional stakes underscores a commitment to familial , which has been credited with navigating industry disruptions, though it has occasionally drawn scrutiny for limited transparency compared to publicly traded peers.

Executive Structure and Governance

Haymarket Media Group operates as a fully owned by the Heseltine family, with governance centered on a comprising family members and key executives. The board oversees strategic direction and major decisions, reflecting the family's long-term control established since the company's founding in 1957 by (Lord Heseltine) alongside partners. In December 2022, Lord Heseltine retired as chairman after 65 years but remains an active director, with his son, the Hon. Rupert Heseltine, succeeding him in that role as part of board refreshments that included new appointments to align with ongoing business evolution. The current active directors, as registered with , include:
  • Kevin Thomas Francis Costello, director since 19 June 2000, serving as global chief executive;
  • Brian John Freeman, director since 9 June 2000, in the role of finance director;
  • Michael Ray Dibdin Heseltine (Lord Heseltine), director since 28 January 2004;
  • Rupert Heseltine, director since 28 January 2004.
This structure ensures family oversight while incorporating professional management, with no public disclosure of formal committees typical in listed companies. Executive leadership reports to the board and is distributed across global operations, with Kevin Costello as global chief executive responsible for overall strategy. Regional and divisional heads, such as Mike Graziani (chief executive of Haymarket Media since April 2025) and Matthias Pioro (managing director for since July 2025), handle localized operations under this framework. Subsidiaries maintain separate boards where relevant, including a US board chaired by Costello and comprising non-executive members like Melissa R. Boone and recent appointee Dana DiFerdinando (October 2024), focused on healthcare and life sciences growth. Additionally, a Global Impact Board, also chaired by Costello, addresses and ethical initiatives, featuring executives such as Issie Peate (managing director) and Rachael Prasher (managing director, Haymarket Automotive). This layered approach supports decentralized execution while centralizing governance at the family-held parent level.

Business Operations

Business-to-Business Divisions

Haymarket Media Group's business-to-business divisions deliver specialist publications, digital platforms, and agency services to professional audiences in sectors such as marketing communications, healthcare, business management, environment, and finance. These operations, primarily under the Haymarket Business Media (HBM) umbrella, include market-leading titles like Campaign, PRWeek, and Management Today, which provide news, analysis, and insights for advertising executives, public relations practitioners, and corporate leaders. In the marketing communications sector, HBM's portfolio targets agency professionals and in-house teams, with recent expansions including the September 2025 acquisition of Marketing Week and Creative Review, which joined existing brands to enhance coverage of strategy, design, and consumer trends. The division also supports custom content through agencies like Wonderly, which as of 2023 handled third-party client work accounting for over 25% of Haymarket's revenue alongside HBM. Healthcare-focused B2B offerings fall under Haymarket's medical network, featuring platforms such as myCME, MIMS, and , which supply , drug databases, and clinical resources to physicians, pharmacists, and specialists. In September 2025, the group launched MIMS Pharma in the UK to further serve pharmaceutical professionals with prescribing information. The US subsidiary, , extends this with over 30 brands in medical education, healthcare marketing, and elder care, emphasizing data-driven tools for competitive decision-making. Additional B2B sectors include environmental and energy reporting via ENDS Report and Windpower Monthly, which track regulatory and industry developments for sustainability experts, and finance publications like AsianInvestor for institutional investors in . Agencies such as PRI Healthcare Solutions complement these by providing tailored marketing and data services to medical and professional clients, reinforcing Haymarket's role in delivering verifiable, sector-specific intelligence.

Consumer Media Segments

Haymarket Media Group's consumer media segments primarily target enthusiast audiences in specialized niches such as automotive and equestrian interests, following a strategic divestment of broader lifestyle and technology titles in 2018. The company sold publications including What Hi-Fi?, Stuff, FourFourTwo, and Practical Caravan to Future plc, shifting focus toward higher-margin, niche consumer brands that leverage print, digital, and events for engagement. This refocus has emphasized automotive content, where Haymarket maintains market-leading positions through magazines and online platforms serving car buyers, enthusiasts, and collectors. Key automotive publications form the core of these segments. What Car?, launched in 1973, provides independent car reviews, buying advice, and reliability data to assist consumer purchasing decisions, with a circulation emphasizing practical evaluations over promotional content. Autocar, established in 1895 and acquired by Haymarket in the 1980s, is recognized as one of the oldest weekly car magazines, offering in-depth road tests, industry news, and performance analyses for motoring enthusiasts. Complementary titles include Classic & Sports Car, a monthly magazine dedicated to historic and performance vehicles, catering to collectors with restoration guides and auction coverage since its inception in 1982. Move Electric extends this portfolio to emerging consumer trends in electric vehicles, featuring reviews and infrastructure insights. Online platforms like PistonHeads, acquired in 2007, support these magazines by fostering community-driven content and classifieds for car sales. In the equestrian sector, , founded in 1902 and owned by Haymarket since 1958, remains a consumer title, delivering weekly news, event coverage, and training advice to riders, breeders, and competitors, with a strong emphasis on British showjumping and traditions. These segments generate revenue through subscriptions, advertising from automotive and equine brands, and integrated events, though they represent a smaller portion of Haymarket's overall portfolio compared to B2B divisions. Circulation data for these titles, audited under ABC standards, underscores their niche loyalty, with What Car? maintaining over 100,000 monthly print readers as of recent reports. Haymarket's approach prioritizes data-driven and digital expansion to sustain consumer engagement amid declining print volumes industry-wide.

Events, Exhibitions, and Awards

Haymarket Media Group produces and hosts numerous live events, conferences, exhibitions, and awards programs as integral components of its and specialist media operations. These initiatives span sectors including , , , finance, and automotive, often integrating networking, educational content, and recognition of industry achievements to engage professional audiences. In 2022, live events contributed significantly to growth, with the company's overall profits rising to £16.9 million amid post-pandemic recovery in event attendance. Key events include the CIPD Festival of Work, an annual and exhibition targeted at HR and people development professionals, featuring keynote sessions, workshops, and exhibitor stands for and workplace strategies. Other prominent gatherings encompass PR360, PRWeek's flagship for practitioners emphasizing strategic communications and networking; Fundraising Week, organized by Third Sector for charity sector professionals to address trends and regulatory updates; and AI Deciphered Summit, a collaborative event by the US Business Media Group exploring applications in business, held in New York in November 2025 following its inaugural success. In , Haymarket hosts Spikes Asia, a festival celebrating creative excellence in and communications across the region, and AIWeek, a three-day summit for North Asian institutional investors focusing on alternative investments and market insights. Recent acquisitions, such as the Festival of Marketing in September 2025, have expanded this portfolio with events centered on innovation and leadership. The company's Haymarket Awards division oversees more than 45 award programs worldwide, spanning sectors like , , healthcare, and , with entries judged by independent panels of industry experts, peers, and past winners to ensure objectivity. Notable hosted awards include TANGRAMS, Asia-Pacific's premier and effectiveness awards recognizing creative and data-driven campaigns. Haymarket also runs internal recognition programs, such as The Work Awards for employee contributions to content and events, with the 2024 edition honoring initiatives like the AI Deciphered as Live Event of the Year, and The People Awards celebrating and across global teams. These efforts underscore Haymarket's emphasis on experiential content, though participation terms include strict codes of conduct to maintain professional environments at events.

Digital and Data Initiatives

Haymarket Media Group has pursued through strategic investments in technology partnerships and acquisitions to enhance content delivery, audience engagement, and multi-channel operations. In February 2021, the company acquired a stake in TMotions Global, a provider of digital development services specializing in , systems, and application development, to augment internal capabilities, accelerate innovation, and support global growth with flexible resources certified under ISO standards and Microsoft Gold Partnership. A key data initiative involves the adoption of Amperity's AI-powered Lakehouse in October 2024, aimed at unifying disparate subscriber and event data sources amid challenges from privacy regulations and the deprecation of third-party cookies. This platform combines and warehouse functionalities to enable scalable , build lookalike audiences based on and product affinity, improve acquisition and retention, and drive revenue through targeted interactions, as stated by executives including Director of Marketing Operations Jo Parkin, who described it as a "comprehensive transformation of Haymarket's data landscape." In specialized sectors, Haymarket integrates data analytics for measurable outcomes, particularly in via Haymarket Medical Education and myCME platforms. These utilize real-world claims data from a HIPAA-compliant database encompassing over 50 billion de-identified records from more than 20 sources to conduct Moore’s Level 5 performance analysis, tracking pre- and post-educational activity changes in clinical practices and patient health metrics. Initiatives like the HIC-Cohort target clinicians with active patient populations for impact maximization, while the O-PEOPL Score quantifies potential patient lives affected by assessing treatment volumes prior to interventions. Acquisitions have further advanced digital capabilities, such as the January 2023 purchase of Bay Publishing Ltd, whose titles in , , and environment sectors were integrated under Haymarket Business Media with plans to expand through the Audience Labs team, incorporating tailored content, custom , and webinars. Across its portfolio of over 70 brands, Haymarket delivers via online platforms and education tools like myCME and MIMS Learning, alongside data-driven services such as Haylo for healthcare insights and COMPASS for planning appeals databases, complemented by tech solutions from Wonderly for innovation and Content Labs for custom addressing business challenges.

Global Reach and International Subsidiaries

Haymarket Media Group extends its operations beyond the United Kingdom through a network of international offices and subsidiaries, supporting localized content, events, and data services across multiple regions. The company employs approximately 1,300 staff across offices in the UK, , Canada, Hong Kong, Singapore, India, Germany, and the Netherlands, facilitating tailored publishing and marketing solutions in sectors like healthcare, marcomms, and automotive. This structure enables Haymarket to adapt its portfolio of over 70 to regional audiences, including specialized editions such as PrintWeek India. Key international subsidiaries include Haymarket Media, Inc., based in the with headquarters in , and additional offices in , and . This entity focuses on healthcare, , and business communications, publishing more than 30 brands and reaching over 2 million verified healthcare professionals across specialties. In , operations center in , supporting North American expansion in similar verticals. In Asia, Haymarket maintains a presence through entities like Haymarket SAC Publishing India Pvt Ltd., with offices in Mumbai, Bangalore, Chennai, and Gurugram, though it divested its Indian automotive titles to Spinny in March 2025 to refocus on core strengths. Additional Asian hubs include Singapore's Frasers Tower office and Hong Kong's Sheung Wan location, enhancing reach in the ASEAN region via localized events and content. In Europe, subsidiaries such as Green Solutions International in the Netherlands and operations in Germany support environmental and horticulture publications. Overall, these subsidiaries contribute to Haymarket's global content audit, measuring impact across 70+ brands and live events.

Financial Performance

Revenue Streams and Profitability

Haymarket Media Group's revenue streams encompass in specialist publications, subscription sales for print and , and income from events including exhibitions, conferences, and awards programs. The return to in-person events post-pandemic has notably driven growth, with live events cited as a key factor in double-digit increases in prior years. Subscriber has also expanded, supported by initiatives to convert free users to paid digital and print subscriptions. For the financial year ending 30 June 2024, the group reported turnover of £183 million, with the United States contributing 48% of revenues and the United Kingdom 43%. Pre-tax profits reached £15 million, a slight increase from £14.8 million the previous year, despite flat revenues amid market challenges; this reflects investments in technology and new content verticals. In the year to June 2023, turnover had risen 10% to £183.1 million, underpinned by sustained profitability margins around 8%. The company's consistent profitability, averaging £15-17 million annually in recent years, stems from diversified operations across B2B and consumer segments, though detailed segmental breakdowns remain undisclosed in public filings. As a privately held entity, Haymarket has maintained positive earnings without reliance on external , prioritizing and event recovery over aggressive expansion.

Debt Management and Financial Challenges

Haymarket Media Group accumulated substantial debt in the late 2000s, peaking at approximately £150 million around 2010, a level that nearly matched annual and overshadowed profits amid the global and the erosion of print magazine advertising by online platforms. To address this, the Heseltine family injected capital and restructured operations, prioritizing resilient (B2B) segments over declining consumer titles, while divesting non-core assets and expanding into events and digital services; these measures contributed to debt reduction efforts starting in the early 2010s. By the ending June 2014, the company reported an £8 million operating loss but had begun stabilizing finances through cost controls and B2B focus, with executive chairman Rupert Heseltine assuming greater operational control to navigate the "different media world." Net debt continued to decline sharply, falling to £1.0 million by June 2017 from £17.3 million in 2016, reflecting improved cash flows from events and subscriptions that offset print revenue drops. This trajectory culminated in near-debt-free status by 2020, freeing resources for acquisitions and organic expansion, as stated by chairman Lord Heseltine, who noted the shift from £150 million-plus liabilities a prior to a "sound financial shape" amid economic uncertainty. Despite these gains, ongoing challenges included vulnerability to advertising cyclicality and digital , though Haymarket's pivot mitigated existential risks that felled peers in the sector.

Recent Fiscal Results and Investments

In the fiscal year ending June 30, 2024, Haymarket Media Group achieved annual profits of £15 million, marking a modest increase from £14.8 million in the prior year ending June 30, 2023, amid steady revenues and targeted investments in growth initiatives. Turnover for the 2024 period stood at £76.48 million, with cash reserves at £32.83 million, reflecting operational stability in a challenging media landscape. The company pursued strategic expansion through acquisitions, notably purchasing Marketing Week, Creative Review, and the Festival of Marketing from Centaur Media for £3.9 million in cash on September 25, 2025, to bolster its marketing and communications portfolio. This deal integrated the assets alongside existing brands like Campaign and PRWeek, aiming to enhance specialist audience reach. Earlier, Haymarket acquired Connect in September 2024, further diversifying into digital and data-driven services. These moves underscore a focus on consolidating complementary properties amid pressures, though specific investment returns remain undisclosed in public filings.

Key Publications and Brands

Core Magazine Titles

Haymarket Media Group's core magazine titles form the foundation of its publishing portfolio, focusing on specialist audiences in sectors such as automotive, marketing communications, business management, and medical fields, with many originating as print publications that have evolved alongside digital formats. These titles emphasize in-depth journalism, industry analysis, and practical insights, contributing significantly to the company's revenue through subscriptions, advertising, and retail sales. Established brands like Campaign and Autocar exemplify long-standing market leadership, with circulations and readership figures underscoring their influence among professionals and consumers. In the automotive sector, Autocar, launched in 1895, holds the distinction as the world's oldest car magazine and remains a for reviews and industry . What Car?, founded in 1973, provides consumer-oriented buying guides and reliability data, aiding millions in purchase decisions annually. Classic & Sports Car targets vintage enthusiasts with historical features and auction coverage, while CAT (Car Aftermarket Trader) serves the aftermarket repair industry as its longest-running media brand. Marketing and communications titles include Campaign, a UK-based publication since 1968 that delivers news, trends, and creative showcases for advertisers and media executives. PRWeek, established in 1984, offers analysis on strategies, crises, and agency performance, positioning it as a staple for comms professionals. Business management publications feature Management Today, which since 1966 has provided strategic insights for senior executives on and corporate challenges. People Management, the UK's leading HR title, covers employment law, talent strategies, and workplace culture, with a focus on evidence-based practices. In medical communications, delivers weekly news and clinical updates for general practitioners, nurses, and pharmacists in . Horticulture titles like HortWeek, a key UK source for nursery and landscape professionals since 1950, report on business trends, varieties, and regulatory changes. These core titles collectively reach targeted audiences exceeding several hundred thousand readers per issue across print and digital editions.

Specialized Content and Events

Haymarket Media Group's specialized content targets niche professional audiences in sectors such as medical education, marketing communications, and healthcare. The Haymarket Medical Network encompasses more than 20 brands delivering news, in-depth features, clinical tools, and drug information to over 2 million verified healthcare professionals. Key digital resources include Cancer Therapy Advisor and Dermatology Advisor, which provide evidence-based guidance for oncologists and dermatologists, respectively. In September 2025, the company launched MIMS Pharma via its UK medical group, offering pharmaceutical reference materials to clinicians. In marketing and communications, specialized content features titles like Campaign, a leading publication for advertising and marketing professionals in the UK and , and PRWeek, focused on public relations strategies. Medical Marketing + Media (MM+M) serves pharma marketers with insights on industry trends and regulatory developments. On September 25, 2025, Haymarket acquired Marketing Week and Creative Review, bolstering its portfolio in B2B marketing analysis and design innovation. The group organizes events, exhibitions, and awards to facilitate professional networking and recognition. It manages over 45 B2B award programs across sectors including , built environment, and communications. The Festival of Marketing, acquired in September 2025, is an annual conference uniting for strategy discussions and case studies. Other key events include the CIPD Festival of Work, a hybrid exhibition and conference for HR leaders addressing workplace trends, and Spikes , an awards event honoring creative excellence in . In the medical domain, MM+M hosts the annual Media Summit, convening pharma marketers and health media executives for panels on digital strategies and audience engagement. Haymarket Medical Education also delivers accredited through live and online formats across specialties.

Criticisms and Industry Challenges

Internal Management Issues

Haymarket Media Group has implemented multiple rounds of redundancies amid economic pressures and industry shifts, contributing to perceptions of internal instability. In November 2008, the company announced cuts of 50 positions across its operations in response to the global financial downturn, alongside shifting two magazine titles to online-only formats. Similarly, in 2009, the closure of Media Week resulted in the elimination of 18 roles as part of a restructure in its and titles. More recently, in May 2023, Haymarket reduced up to 12% of staff in its automotive division due to ongoing turbulence in the car industry. Employee reviews frequently cite high staff turnover and dissatisfaction with management practices, including lack of transparency, inconsistent decision-making, and inadequate leadership training. On , where the company holds an overall rating of 3.2 out of 5, reviewers have described upper management as delegating excessively without strategic oversight, with young managers often lacking experience in their first supervisory roles, leading to morale issues exacerbated by recent layoffs. Indeed reviews echo concerns over an "out-of-touch" executive team and HR department, unfair compensation relative to demands, and a corporate culture marked by uncertainty and political internal dynamics. In April 2021, Haymarket Media, Inc. faced a lawsuit filed by plaintiff McDonald in New York, alleging violations of state labor law through failure to compensate hourly employees for off-the-clock work performed during lunch breaks and outside scheduled hours. The suit claimed the company owed unpaid straight-time and wages, though no public resolution or settlement details have been reported. These labor disputes highlight ongoing challenges in and compliance.

Adaptations to Digital Disruption

In response to the decline in print advertising and circulation, Haymarket Media Group has prioritized digital revenue streams, with 75% of its 2020 earnings derived from digital, data, and live offerings. This shift involved strategic technology investments, including a 2021 acquisition of a stake in TMotions Global, which provides expertise in , content management systems, and application development to augment internal capabilities and accelerate . Earlier, in 2015, the company acquired digital agency Group DCA to enhance healthcare professional engagement through custom digital solutions. To bolster subscriber growth and monetization, Haymarket implemented metering tools and hard paywalls on platforms like PRWeek.com, resulting in a 56.2% annual increase in paid subscriptions from April 2022 to March 2023, with 64.7% of free trial users converting to paid and an 18% monthly rise in single-article registrations. These efforts leverage first-party data for targeted newsletters, reports, and events to convert free visitors into recurring revenue sources. In October 2024, Haymarket adopted Amperity's AI-powered Lakehouse (CDP) to unify subscriber and event across its 70+ brands in marketing, medical, and automotive sectors, enabling lookalike audiences based on lifetime value and affinities to drive acquisition, retention, and revenue growth. This addresses deprecation challenges by focusing on enterprise-wide actionable insights for personalized engagement. Complementing these moves, ongoing investments, such as those announced in , have supported profit increases while funding digital infrastructure. Haymarket has also advocated for protections against unauthorized AI training on publisher content, joining calls in February 2025 for policymakers to require permission and payment from AI firms, reflecting concerns over sustainability amid generative AI disruption. These adaptations underscore a multi-faceted approach combining acquisitions, data unification, subscription optimization, and policy engagement to mitigate print-era vulnerabilities.

References

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