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The group behind the Daily Mail has bought the New Scientist for £70 million as it looks to grow its subscriptions and digital business.
New Scientist is based in London, with offices in the United States and Australia. It has a weekly circulation of about 120,000, of which just over half are based in the UK, and it gets about 75 per cent of its revenue from subscriptions.
The magazine was founded in 1956 for “all those interested in scientific discovery and its social consequences” and has expanded to include events in the UK, US
Source: The Times