The Future Network Ð Media & photography

Bad accounting procedures in its French business and the delays to the roll-out of Playstation 2 f...

Bad accounting procedures in its French business and the delays to the roll-out of Playstation 2 for which the company publishes the official magazine contributed to 2000 being a year to forget for Future. Management admits to both internal and external reasons for the company's problems. However, the closure of 20 magazines in February, the possible sale of Business 2.0 and the further roll-out of PS2 and Microsoft's Xbox, to which Future also has publishing rights, should see the publisher through. A long term buy.