Exponent sells Immediate Media to Hubert Burda Media

Press Release: Exponent Private Equity (“Exponent”) today announces that it has agreed to sell Immediate Media Co (“Immediate”) to Hubert Burda Media for an undisclosed sum. Immediate is the UK’s leading and fastest-growing special interest content and platform company. It is home to some of the UK’s best-loved brands – including the Radio Times, the most valuable and profitable magazine brand in the UK. Immediate engages over 19 million passionate consumers each month, offering them world-class content and innovative new products and services, including e-commerce and TV shopping.

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