NME (New Musical Express) was founded in 1952 by Theodore Ingham, who purchased the struggling music publication "The Accordion Times and Musical Express" just 15 minutes before it was set to close. Ingham relaunched the magazine as the "New Musical Express" and it quickly became a leading voice in the British music scene. Today, NME is owned by Caldecott Music Group, a Singapore-based company that acquired the brand in 2019. NME primarily covers music, entertainment, and pop culture news, with a focus on emerging artists and bands. While they don't extensively report on sports or politics, they do cover how these areas intersect with the music industry. Based in London, England, NME has a global reach, with readers around the world. **One interesting fact**: NME was initially launched as a non-glossy tabloid format on standard newsprint, but over the decades it evolved into a leading voice in the British music scene, championing new artists and genres like punk rock and Britpop.