Media group Future plc said it acquired the magazines, domain names, events, radio licence and websites of Classic Rock, Metal Hammer, Prog, Blues and the Golden Gods for £800,000 from FRP Advisory, the administrators of Hamilton-based Team Rock Limited.

Future plc chief executive Zillah Byng-Thorne said: “The acquisition of these classic rock brands with their associated magazines, events and websites marks a further step in our buy and build strategy.

“It further reinforces our creation of a leading global specialist media platform with data at its heart, which we are monetising through diversified revenue streams.

“We look forward to developing further these iconic and much-loved brands and to continuing to serve their communities of dedicated enthusiasts around the world.”