Maxim magazine up for sale

Written By Unknown on Sabtu, 16 Maret 2013 | 13.23

Maxim magazine's president says the international men's publication is up for sale. Source: AAP

RACY men's magazine Maxim is up for sale.

The international magazine's president, Ben Madden, confirmed the start of the sales process on Friday.

Madden said the private equity owners of Maxim's parent, Alpha Media Group, had owned the business for more than six years, and that was the usual time for such investors to try to sell.

Madden said that after some years of decline, revenue at the publication had steadied.

The magazine publishes 10 times a year.

He said the company's investment in online video and digital subscriptions was starting to pay off.

He said digital revenue was up 45 per cent so far this year, compared to a year ago, while print ad revenue was set to rise in the first half.

Maxim was first launched in the UK in 1995 and its Australian edition was launched 2011 by Nuclear Media.


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