Magazine publisher IPC Media is considering selling off more titles, after disposing of 20 publications shortly before Christmas.

Sources have told the Daily Telegraph that senior IPC executives are taking a detailed look at the whole portfolio, but no talks with interested parties have begun yet and a full sell-off of the whole business is “unlikely”.

IPC Media completed a major strategic review of its titles in December, selling off 20 magazines in the space of just a few months, including Loaded, Web User, Caravan and Guitar & Bass.

Speculation that more sales are on the way comes as Sylvia Auton returns to IPC Media as chief executive after spending four years in the US as executive vice president of parent company Time Warner.

A Time Warner spokesman told the Telegraph: “Of course we conduct regular reviews of all of our businesses to ensure we remain competitive, but there is no plan for any further action at IPC.”

IPC’s titles include Nuts, NME and Marie Claire.