It is hard to see magazine distributor IPS as having any future, in a Nine controlled Fairfax business or even in Fairfax itself if the takeover collapsed.
With magazine sales continuing to decline and the category of less interest to retail newsagents than at any time in the history of the channel, it is hard to see upside for a business as small as IPS.
IPS comes up in discussion because of the proposed Nine takeover as Nine would be keen to resolve business performance challenges. I could be wrong but I suspect IPS would be a low hanging fruit opportunity it terms of tidying up IPS.
It will be interesting to see how this part of the takeover plays out.
Good riddance and thanks for all the fish.
IPS business model was an absolute waste of space in this market. Their outdated business models are so flawed it doesn’t deserve to be considered a business at all and i can almost guarantee if it weren’t for peoples fears over their fairfax contracts being ripped up that IPS would have half the accounts they do today.
The only upside was the girls in customer service who cared and were very helpful to us personally.
If it wasn’t for best bets, winning post, international express and horse deals we’d flick them tomorrow
I confess to being ignorant of how IPS survives. Yet magazine publishers continue to move to IPS (the latest being VW) … why .. when it is clear IPS do not have access to the whole channel with many newsagents refusing to deal with them.
no one will miss IPS