SPH Magazines partners Globe Media Group to publish The Peak Indonesia

Globe Media, Indonesia’s leading media group and an affiliate of the conglomerate Lippo Group, will take over the magazine in the new year.

This partnership between the two media groups will take effect from the January 2010 issue of The Peak Indonesia. It will adopt a new design and feature stronger content, following in the footsteps of the other editions of The Peak in Singapore, Malaysia and Hong Kong. As a result of the partnership, the title will be published 12 times a year, up from the six issues currently.

Globe Media Group's two flagship publications are Globe Asia and The Jakarta Globe, which reach more than 150,000 high-income readers across Indonesia and the region.

On the licensing of The Peak Indonesia to Globe Media, Dennis Pua, managing director of SPH Magazines, said: "SPH Magazines is licensing The Peak Indonesia to Globe Media to grow the brand further. We are confident that Globe Media will bring the title to greater heights in terms of both editorial excellence and readership."