Future shares have surged to a record high in recent weeks, although they opened 1% lower at 1,936p following today’s deal.
The company behind 140 titles including PC Gamer, Total Film and Classic Rock recently declared profits were way ahead of City expectations as more people choose to read news and entertainment content online.
Future added last month that visitor numbers to its sites had rocketed 25% in the UK and 40% in the US compared with the previous year.
No price has been disclosed for today’s deal. CinemaBlend generated increased revenues of $3.1 million (£2.4 million) in 2019, having seen significant online growth.
Its website, podcast series, social media channels and newsletters let fans explore and discuss films and TV shows.
