NME have announced their plans to become a free weekly music magazine, handed out nationally through universities, stations and retail partners from September this year.
Continuing to offer a wider range of coverage around film, fashion, politics, gaming, technology and television, there will still be music at the very heart of its content.
Editor Mike Williams said: "NME is already a major player and massive influencer in the music space, but with this transformation we'll be bigger, stronger and more influential than ever before.
"Every media brand is on a journey into a digital future. That doesn't mean leaving print behind, but it does mean that print has to change, so I'm incredibly excited by the role it will now play as part of the new NME. The future is an exciting place, and NME just kicked the door down."
CEO of Time Inc UK Marcus Rich adds: "This famous 63-year-old brand was an early leader in digital and has been growing its global audience successfully for the best part of 20 years.
"It has been able to do so because music is such an important passion and now is the right time to invest in bringing NME to an even bigger community for our commercial partners."
NME is planning to dramatically increase its content output through all platforms, with expansions in live events and further video franchises to come.
The first free issue of the magazine will be distributed across the country on September 18.