Published: Wednesday 21 November 2018
For those of you who have been there: you know the feeling. You sit on a ledge of an open door in an airplane 10,000 feet up in the air. There is a moment of terror as you gaze into open space. And then you are hurled into a vortex, swirling in free fall at 120 mph before, 30 seconds later, you are jolted as the parachute opens. You can now start to take in the views and enjoy the experience.
Published: Monday 18 February 2019Mark Allen Group has been recognised by The Sunday Times as one of the UK's mid-market private companies with the fastest growing international sales.
The International Track 200 league table has been running for 10 years and in that time has featured more than 1,000 companies, including Aston Martin, Fever-Tree and IHS Markit.
The rankings are based on international sales growth over two years and the Mark Allen Group's growth rate of 62% saw the company come in 89th, a rise of seven places from last year.Continue reading
Published: Wednesday 13 February 2019“It’s all about engaging and empowering, rather than micromanaging.”
Following on from the recent acquisition of Rhinegold publishing and its portfolio of music magazines, Mark Allen spoke to Meg Carter from InPublishing about the company's rapid and continued growth over the last 5 years.
Since 2013 the Mark Allen Group has increased its annual turnover from £16m to £43m and is now projecting to hit £50m this year, a year earlier than planned. In a wide ranging interview, Mark discussed how this has been achieved and what challenges this has presented to the company.Continue reading
Published: Wednesday 05 December 2018After several months’ negotiations, the Mark Allen Group (MAG) is pleased to confirm the acquisition of various Rhinegold assets.
These assets include: Choir & Organ, International Piano, Classical Music, Teaching Drama and Music Teacher, as well as the annual British Music Yearbook, the annual British Music Education Yearbook and the Music & Drama Expos in London and Manchester.
In a separate deal, MAG has also acquired from DC Thomson the goodwill of Opera Now, which previously was under licence to Rhinegold.Continue reading
Published: Wednesday 05 December 2018Despite all the financial and political uncertainty, the Mark Allen Group continues to shine through the media and Brexit clouds.
The 2017-18 audited accounts show turnover increasing by £6.2 million from £37.1 million to £43.3 million, a rise of 16.8 per cent.
Profit before taxation climbed from £3.7 million to £5 million, with net profit margins increasing from 9.9% to 11.6%.
Similarly, EBITDA improved by an impressive 30.5%, from £5.5 million to £7.2 million.
Executive chairman Mark Allen said: ”I am simply delighted by these excellent results. Ben Allen and his team have worked incredibly hard to produce results like these in a challenging climate.”Continue reading
Published: Friday 27 July 2018The Mark Allen Group (MAG) has won the bid to acquire all the assets in the Rhinegold Group.
These assets include: International Piano, Choir & Organ, Classical Music, Teaching Drama, and Music Teacher. Rhinegold also publishes Opera Now. Through its events arm it owns and organises Music & Drama Education Expos in London and Manchester.
The Rhinegold assets will add significantly to MAG’s strong position in music publishing, whose current portfolio includes the world’s leading classical music brand, Gramophone, as well as the premier magazines in their respective fields, Jazzwise and Songlines.
The parties are now entering into due diligence with the aim to complete the sale in October, after which the Rhinegold st Continue reading
Published: Thursday 05 April 2018There is a 24.7% *median gender pay difference favouring men in the Mark Allen Group, the publishers of 70 different journals and magazines and the organisers of more than 200 separate exhibitions, awards and events.
This is the main result of the government’s pay gap report which shows the number of men and women completely equal when the ‘snapshot’ showing a workforce of 280, which has since grown to 380, was analysed.
The difference is higher, at 29.5%, when the *mean gender pay gap is calculated.
When bonuses are separately accounted for, the median and mean gaps are greater, at 83.5% and 45.8% respectively.Continue reading