The private-equity-backed business, based in Covent Garden, London, concluded the acquisition in early July.
Calibre’s editor-in-chief, Barnaby Dracup, has stepped down, as has founder and publisher, James Hurst. The editor’s chair is now being filled by Wes Stanton, who has over 20 years’ hands-on experience across editorial and publishing roles in several different vertical markets and whose media business was acquired by Future plc in May 2016. Hurst retains a minority interest in Calibre and will provide support and consultancy services.
Commercial activities will be handled by a team led by International Media’s publisher, Josie Millar. The team has a three-year plan and will be investing substantially in the product in terms of content, paper, distribution and its digital footprint, says International Media.
“I’m delighted to be joining Calibre magazine at a crucial time in its success,” said editor Wes Stanton. “Hurst Media has done a great job getting the magazine working for readers and advertisers alike, and I’m looking forward to getting elbows’ deep in my new content-creation role. With Hurst Media’s continued expansion into contract publishing, the timing of this deal was perfect for both parties.”
“While I’m very proud of all Hurst Media have achieved with Calibre, I’m confident and excited that International Media will be taking the publication to the next level. I will continue to provide consultancy and support where appropriate and wish Calibre, Wes Stanton and his highly experienced team every success for the future,” said James Hurst, managing director of Hurst Media.
