Tag: Kevin Costello

  • Haymarket swoops on Centaur’s marketing titles in media power play

    Haymarket swoops on Centaur’s marketing titles in media power play

    LONDON: Haymarket Media Group has snapped up three of Britain’s most influential marketing publications from Centaur Media, tightening its grip on the advertising and communications industry.

    The acquisition of Marketing Week, Creative Review and Festival of Marketing marks a shrewd move by the 67-year-old publisher, which already controls heavyweight titles including Campaign, PRWeek and Performance Marketing World.

    Haymarket Media group  chief executive Kevin Costello called the trio “highly respected brands” that fit perfectly with the company’s focus on specialist audiences. The publications will join Haymarket’s business media division under managing director Donna Murphy, initially operating as a separate unit.

    Claire Rance, who runs the acquired brands, will stay on to lead them through the transition. “This acquisition represents an exciting opportunity to combine the strengths of our joint businesses,” she said.

    FESTIVAL OF MARKETING

    The deal adds serious firepower to Haymarket’s marketing arsenal. Marketing Week and Creative Review, launched in 1978 and 1980 respectively, are cornerstone publications for Britain’s £25bn advertising industry. Festival of Marketing, the events business founded in 2013, rounds out the portfolio.

    Haymarket has been building its marcomms empire for decades, launching Campaign in 1968 and buying PRWeek in 1988. The company now owns more than 70 brands globally, from What Car? to Asian Investor, with offices spanning eight countries.

    The acquisition comes as Centaur Media continues its strategic overhaul. The London-listed publisher began reviewing its assets at the end of 2024, offloading Mark Ritson’s MiniMBA business to Brave Bison in May, Oystercatchers to management in July, and The Lawyer to Legal Benchmarking in September.

    For Haymarket, the deal reinforces its position as the undisputed king of specialist media in Britain, giving it unparalleled reach across the marketing and creative industries.

    The details of the deal were not provided.

    Haymarket Media had earlier this year sold its joint venture Haymarket SAC with the Sorabjee family and its titles Autocar India, Autocar Professional, and What Car? India to Value Drive Technologies, the parent company of Spinny.com.

  • Haymarket Media strengthens management; hires Ashish Bhushan as country head

    Haymarket Media strengthens management; hires Ashish Bhushan as country head

    MUMBAI: Haymarket Media group  is getting more senior resources into its India operations as it seeks to drive business growth. 

    The publisher has hired media veteran Ashish Bhushan as country head of its India division, with oversight over the company’s non-automotive brands. He will report to group CEO Kevin Costello alongside managing director Hormazd Sorabjee, who will continue to lead Autocar India, Autocar Professional and WhatCar? India. 

    Ashish has been given charge of B2B  brands Campaign India, PrintWeek India alongside consumer titles Stuff India and What Hifi? Part of Bhushan’s initial focus will be working with the teams across the Campaign portfolio globally, developing the Campaign India brand to its full potential.

    He comes with 30 years of experience at companies such as Bennet Coleman & Co, Accenture, JWT and in various entrepreneurial venture. 

    “With its strong global brands, exceptional teams, and long-standing presence, Haymarket is well-positioned to leverage the immense growth opportunities in the Indian market,” said Ashish. “I look forward to applying my experience in media, advertising, content, and technology to drive Haymarket’s expansion here. Leading this next phase of growth is truly exciting”

    “With his extensive experience in media and a proven track record across multiple leadership roles, Ashish brings a deep understanding of the business,” added Hormazd. “His startup mindset and passion for tackling fresh challenges align perfectly with our vision as we gear up for the next phase of growth. We’re confident he’ll be instrumental in driving our company forward.” 

    Haymarket Media group  global chief executive Kevin Costello said: “Ashish’s exceptional expertise, deep industry knowledge, and innovative vision align perfectly with our mission to drive sustainable growth and deliver world-class content. I am looking forward to working with Ashish on our business expansion plans in India, building on our existing portfolio and strong market position, while delivering new specialist content, products, and services for our audiences and customers.”