New Statesman Media Group

What New Statesman Media Group does

New Statesman Media Group (legal entity Progressive Media Investments) is a UK-based private media company headquartered at 40-42 Hatton Garden, London, operating a portfolio of eight B2B and B2C media brands. Its flagship title is the New Statesman, a progressive political and cultural magazine tracing back to 1913, operating as a print-digital hybrid. The portfolio spans specialist verticals: Tech Monitor for technology leaders, Press Gazette for the news and publishing industry, Spear's and the Spear's 500 directory for wealth management and HNW audiences, Elite Traveler for sustainable luxury travel, and The World of Fine Wine (magazine, website, and app) for fine-wine enthusiasts. NSMG Live extends the portfolio into events and experiential content. Together these brands target senior executives, HNW individuals, technology decision-makers, media-industry professionals, and luxury consumers.

Name

New Statesman Media Group

Legal name

Progressive Media Investments

Website

https://newstatesmanmedia.com

Company type

Private

Founded year

1913

Operating status

Operating

Headcount range

101–250 employees

Short description

New Statesman Media Group is a UK private media company (legal entity Progressive Media Investments) operating eight B2B and B2C brands, including the New Statesman, Tech Monitor, Spear's, Press Gazette, Elite Traveler, and The World of Fine Wine, targeting senior executives and high-net-worth audiences via journalism, events, and AI-driven advertising.

Ownership category

akta.pro rank

Product category

Business and trade media publishing

NAICS

Periodical Publishers (51312), Newspaper, Periodical, Book, and Directory Publishers (5131), Advertising, Public Relations, and Related Services (5418)

SIC

Periodicals: Publishing Or Publishing & Printing (2721), Services-Advertising Agencies (7311)

akta.pro primary industry

Business, Finance & Industry Trade Magazines (MPAJAEAM)

akta.pro secondary industries

News, Politics & Current Affairs Magazines (MPAJAEAO), Food, Cooking & Beverage Magazines (MPAJAEAF), Syndication, Licensing & Content Partnerships (Columns, Features, Photos) (MPAJADAI)

Keywords

• Business media publishing
• Premium magazines
• Digital advertising
• Industry events
• Wealth management media

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Digital Advertising: Revenue generated through digital advertising across portfolio of B2B and B2C media brands. MARTech platform enables targeted advertising based on AI-powered audience analysis.
2. Print Subscriptions and Sales: Revenue from print magazine subscriptions and single-copy sales across flagship titles including New Statesman, Elite Traveler, Spear's, The World of Fine Wine.
3. Events and Conferences: NSMG Live platform generates revenue through events and conferences that enable audiences to access content and connect across industries served.
4. Premium Content and Membership: Revenue from premium content offerings targeting high-net-worth individuals, executives, and professionals across wealth management, luxury, and technology sectors.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

New Statesman Media Group operates a portfolio of B2B and B2C media brands covering politics, technology, media industry news, wealth management, luxury travel, and fine wine through print magazines, digital platforms, and events. Revenue is generated through advertising, subscriptions, premium content, and event sponsorship targeting senior executives, technology leaders, and high-net-worth individuals. The group's MARTech platform combines first-class journalism with AI and propensity modelling to deliver personalised content and targeted advertising to highly engaged audiences.

Product overview

New Statesman Media Group operates as a portfolio of B2B and B2C media brands unified under Progressive Media Investments. The core offering centers on New Statesman as the flagship print-digital political and cultural publication, complemented by NSMG Live as the events and experiential extension. The portfolio includes specialised vertical publications (Tech Monitor for technology leadership, Press Gazette for media industry, Spear\'s for wealth management and luxury lifestyle, Spear's 500 as a directory service, Elite Traveler for luxury travel, and The World of Fine Wine for wine enthusiasts). The group employs AI and propensity modelling technology across its martech stack to deliver personalised content and targeted advertising to highly engaged senior audiences. The products collectively serve global professional and consumer audiences through first-class journalism, insightful content, and events.

Differentiator

Problem solved

Functional benefit

Brands

• Elite Traveler: Market-leading guide to sustainable, ethical and environmentally conscious luxury content for affluent audience
• New Statesman
• NSMG Live
• Press Gazette
• Spear's
• Spear's 500
• Tech Monitor
• The World of Fine Wine

Products and services

• New Statesman The leading progressive political and cultural magazine in the UK, operated as a vibrant print-digital hybrid covering major themes with balanced, patient journalism underpinned by proprietary datasets. It serves senior executives, policymakers, and engaged citizens seeking leadership insight and political analysis.
• Tech Monitor A technology publication providing data-driven journalism, research, and events serving as an essential source of insight and analysis for technology leaders making strategic decisions on digital transformation and innovation.
• Press Gazette A trade publication focused on the news, publishing, and media industries, explaining how publishers and platforms can work together to deliver content and navigate industry disruption.
• Spear's A multi-award-winning wealth management and luxury lifestyle media brand whose flagship magazine provides essential reading for high-net-worth individuals seeking wealth management guidance and luxury lifestyle coverage.
• Spear's 500 An indispensable directory guide to top private client advisers, wealth managers, property advisers, lawyers, and service providers serving wealthy individuals and families.
• Elite Traveler The market-leading guide to content that champions sustainable, ethical, and environmentally conscious luxury for an audience of discerning affluent travellers.
• The World of Fine Wine An award-winning magazine, website, and app speaking to an international readership of discerning individuals passionate about fine wine.
• NSMG Live An events platform enabling the company's highly engaged audience across all served industries to access events, conferences, and experiential content, with sponsorship opportunities for brand partners.

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature2 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• Ernst & Young (EY)minorGTM or Marketing PartnerEY is listed as a brand partner on the Progressive Media Investments website. The partnership appears to involve advertising and content sponsorship across the portfolio of media brands.
• Patek Philippe SAminorGTM or Marketing PartnerLuxury watch brand Patek Philippe is listed as a brand partner, likely advertising in luxury-focused publications such as Elite Traveler.
• S&P GlobalminorGTM or Marketing PartnerFinancial data and analytics company S&P Global is listed as a brand partner, advertising across B2B media properties.
• DarktraceminorGTM or Marketing PartnerCybersecurity AI company Darktrace is listed as a brand partner, advertising in technology-focused publications such as Tech Monitor.
• MicrosoftminorGTM or Marketing PartnerTechnology giant Microsoft is listed as a brand partner, likely advertising across technology and business publications.
• GoogleminorGTM or Marketing PartnerTechnology company Google is listed as a brand partner, advertising across the portfolio of media brands.
• McLarenminorGTM or Marketing PartnerLuxury automotive brand McLaren is listed as a brand partner, likely advertising in luxury-focused publications.
• SpotifyminorGTM or Marketing PartnerMusic streaming platform Spotify is listed as a brand partner, advertising across the portfolio.
• WorkdayminorGTM or Marketing PartnerEnterprise software company Workday is listed as a brand partner, advertising in B2B technology and business publications.
• GlobalDatacoreStrategic or Co-development PartnerGlobalData is described as the gold standard data provider and a Partner. The company continuously collects and analyses terabytes of data. This appears to be a significant data partnership providing proprietary datasets that underpin editorial coverage.
• New StatesmancoreStrategic or Co-development PartnerNew Statesman is described as the leading progressive political and cultural magazine in the UK, operating as a vibrant print-digital hybrid. It is a core brand within the portfolio.
• PMI (Progressive Media International)coreStrategic or Co-development PartnerPMI is an established B2B media company with over 70 years of experience delivering market-leading publications, events and content. Listed as a Partner brand.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Forbes Media: US-based business publisher with iconic executive audience and global brand. Comparable business audience focus and advertising/events monetisation, though larger and more international.
• Hearst Communications: US-based global multi-brand publisher spanning magazines, newspapers (ESPN, San Francisco Chronicle), and B2B media. Comparable portfolio breadth and advertising/subscription model but with much larger US-centric scale.
• Bloomberg Media: Business and financial news publisher targeting executive decision-makers. Comparable executive audience monetisation through advertising, subscriptions, and events but at much larger scale and global reach.
• Condé Nast: Global multi-brand magazine publisher (Vogue, GQ, Vanity Fair, Wired) with strong luxury and lifestyle advertiser relationships. Comparable vertical mix and HNW audience but at materially larger scale and global footprint.
• Axel Springer: German-listed multi-brand digital publisher (Business Insider, Politico, Bild) with strong B2B and political content. Comparable political/business audience focus and aggressive digital transformation strategy.

Direct peers

• Future plc: UK-listed multi-brand digital and print publisher operating tech, lifestyle, and B2B verticals with revenue over £800M. Closest direct peer to NSMG in business model and vertical diversification strategy.
• Haymarket Media Group: UK-based privately held multi-brand B2B and consumer publisher spanning marketing, medical, motoring, and lifestyle. Closely mirrors NSMG's B2B-leaning portfolio across distinct verticals with events and awards adjacencies.
• Reach plc: UK's largest commercial news publisher operating multiple regional and national titles. Comparable in multi-brand news publishing but with mass-market rather than executive audience focus.
• The Economist Group: Owner of The Economist and 1843 Magazine, serving senior executives and policy elites with subscription-led hybrid print-digital model. Directly comparable audience and monetisation approach to NSMG's flagship New Statesman.
• Dennis Publishing: UK multi-brand magazine publisher (The Week, Kiplinger, MoneyWeek) targeting affluent and professional readers. Similar B2B/B2C magazine portfolio and subscription economics to NSMG.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/NSMGMedia
• LinkedInlinkedin.com/company/new-statesman-media-group

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Statesman Media Group