View all newsletters
Sign up for our free email newsletters

Fighting for quality news media in the digital age.

  1. Comment
June 17, 2014

Digital magazine for electronic music makers secures £175k via UK Trade and Investment

By William Turvill

A quarterly electronic music magazine has secured £175,000 in funding thanks to an initiative by UK Trade and Investment, a Government body that introduces digital media companies to potential investors.

Norwich-based Electronic Sound, run by music journalists Mark Wernham and Christopher Dawes, hopes to use the money to make the magazine monthly and profitable.

The title currently has six issues, which cost £2.99 and are available via Itunes and on PDF. It is aimed at those involved in making music electronically and claims to have been downloaded at least once by 5,000 different readers.

Currently only Wernham and Dawes work on the title. With the £175,000 funding they are planning to employ a designer and  invest more in freelances and marketing.

To secure the funding, the pair attended a UKTI Converge International Digital Forum event in Norwich in October last year.

After pitching their magazine, they were able to secure funding from the Low Carbon Innovation Fund operated by the Adapt Group at UEA and from a private investment firm.

Content from our partners
MHP Group's 30 To Watch awards for young journalists open for entries
How PA Media is helping newspapers make the digital transition
Publishing on the open web is broken, how generative AI could help fix it

Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog

Select and enter your email address Weekly insight into the big strategic issues affecting the future of the news industry. Essential reading for media leaders every Thursday. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Sent at around 10am UK time. Our weekly does of strategic insight about the future of news media aimed at US readers. A fortnightly update from the front-line of news and advertising. Aimed at marketers and those involved in the advertising industry.
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy Policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network