Immediate Media Co.
Tom has more than 20 year’s experience of running cross-media, digital content and technology platform companies.
After starting his career in sales and marketing, then focusing on the nascent digital space, he was involved in a number of start-ups. Tom was co-founder and CEO of digital start-up Silicon Media Group, backed by a number of blue chip venture funds.
On its successful acquisition by CNET Networks in 2002, Tom led the expansion of CNET’s multi-brand business in the UK and across Europe, creating a highly profitable digital pure play.
After a period of consulting with various private equity funds, Tom joined cross-media platform business Magicalia as CEO in 2008, working with Exponent Private Equity. Tom co-founded Immediate Media Co in November 2011. The company was formed by merging Magicalia’s digital technology platform with BBC Magazines, home to some of the UK’s leading magazine media brands, including the Radio Times.
Bucking the trend in the sector, Immediate has consistently grown revenues organically and through M&A activity, with EBITDA growth of more than 100% since 2011. Tom’s strategic focus on leveraging Immediate’s world-class content through the creation of an agile technology platform has allowed Immediate to take advantage of new business opportunities in the special interest markets it serves. Paid content, ecommerce and digital marketplaces are just a few of the successful new platforms through which Immediate is driving growth.
Immediate was acquired by Hubert Burda Media in 2017. The company has won over 200 industry awards in the last eight years and now employs over 1,400 people in London, Bristol, Manchester and internationally.Back