Guitar Buyer and Drummer snapped-up by Oyster

Posted: Monday, 5 October 2009 - 4:50pm Bookmark and Share

Heralding a significant realignment in the consumer MI magazine market, Oyster House Media, publishers of Bass Guitar Magazine and Acoustic Magazine, have purchased Guitar Buyer and Drummer magazines from Graham Butterworth's Davenport Publishing.

 "We are very excited about the acquisition of these two leading titles as it strengthens our portfolio considerably and affords us a superb cross-section of magazines dedicated to every genre and musical discipline,"  said Oyster House's publisher and managing director, Hugo Mongomery-Swan.

"Whether it be bass, drums, acoustic or electric guitar or singer-songwriter, our comprehensive portfolio now offers a magazine for every member of a band. In so doing, it propels our operation into a unique position that we intend to capitalise on for the benefit of our readers and advertisers alike.

Negotiations with Davenport Publishing began back at the time of LIMS this June and since that time we have moved swiftly and without complication to conclude a deal that both parties are very happy with.

Former owner of the titles and long time MI industry figure, Graham Butterworth, said: "I am delighted to have concluded the sale with Oyster House Media. The company is a genuine family concern with great vision and passion for the subjects and markets these titles cover. Hugo is also a respected musician himself and therefore comes at music magazine publishing from a different angle to others in the market and I believe this shows in the products OHM produce.

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