MEDIA: Future Publishing to reshape structure

Future Publishing, the UK arm of Future Network, is to decentralise

its operation into separate units from today.

The shake-up is designed to give individual publishing directors greater

freedom and accountability, according to Future Network's chief

operating officer Colin Morrison.

Citing Emap as a group that has followed this model, he said: 'There is

a great advantage to run it almost as three companies.'

But Morrison, who has been in situ for two months, denied the changes

reflected badly on the recent management of Future.

'Companies can valuably go through major change every three or four

years,' he said. Recent financial pressure on Future meant that

everything was being revisited, he said.

Mike Frey, who was appointed MD of Future Publishing one year ago, is

leaving 'to pursue other opportunities'. Last month, the company closed

its flagship title Business 2.0.

This split creates the games division, the business, internet and

creative division, and the sports, entertainment and living division.

Previously, the company ranged between four and six business units, with

more centralised decision-making.

Morrison said: 'They will be taking more and more of their own

decisions, being more responsible for profit and loss. These businesses

can be difficult but they are not complicated and my objective is to

make these relationships accountable.'

Future's reputation as a frequent publisher of new products would remain

intact, he said.

Areas such as print and paper buying, IT and finance will continue to be

managed centrally.

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