Future Publishing's craft and sport titles are to be published by Immediate Media from this Summer, subject to shareholder approval.
Future Publishing's sport print portfolio has a monthly circulation of more than 100,000 with titles including What Mountain Bike, Cycling Plus, Procycling and Mountain Biking UK and a monthly reach of 4.7 million unique users through BikeRadar.com, Cyclingnews.com and Bikely.org.
The agreement will also see Future's craft portfolio transferred to Immediate Media. The deal includes Mollie Makes (UK and US editions), The Knitter, Simply Knitting, Crochet Today!, Simply Crochet, Love Patchwork & Quilting, Cross Stitcher, Cross Stitch Collection, Papercraft Inspirations, Your Family Tree and The Simple Things.
Approximately 130 staff will be transferring to Immediate Media.