Driverless cars means freeing up your hands and your attention, which in turns means more time to read glossy magazines. That is the logic behind Renault’s decision to buy a 40 per cent stake in Perdriel Group, the publishing house behind weekly business magazine Challenges
Press release: WPP announces that its wholly-owned marketing communications network, Ogilvy & Mather (Ogilvy), has acquired a majority stake in ARBA, a digital consultancy
Sale of 21st Century Fox assets includes stakes in Sky in the UK and Hollywood film studio as tycoon focuses on Fox News and newspapers
Disney acquires the 39 per cent of Sky currently owned by Fox and “full ownership” of the broadcaster if and when its ongoing takeover bid is completed, according to the terms of the deal
Rupert Murdoch’s 21st Century Fox has agreed to sell its entertainment assets to Disney in a $66bn (£49bn) deal that transforms his media empire by offloading a 39% stake in Sky
According to the FT: Walt Disney is closing in on the entertainment assets of Rupert Murdoch’s 21st Century Fox in an all-share deal that stands to reshape Hollywood and the rapidly digitising global media industry. The deal, valuing the Fox assets at about $60bn including debt, could be announced as early as Thursday, according to people briefed on the negotiations.
Messe Frankfurt Trade Fairs India Pvt Ltd, the Indian subsidiary of the Group, has announced the acquisition of Fitex India, the largest fitness and health event on the subcontinent
Ascential has sold its MENA business intelligence arm MEED Media to business media and insight group GlobalData for $17.5m
The Fox boss James Murdoch is reportedly being considered as a potential successor to Bob Iger, chief executive of Walt Disney, if the two companies reach agreement on a possible takeover.
Bubble Communications, the global PR, marketing and events agency, has acquired VOX National Events, the organiser and producer of the VOX Summit, VOX Awards and VOXMAS festive party
CloserStill Media, the London-based exhibition and conference organiser, has announced the acquisition of one of Europe’s leading education and learning conference and exhibitions – Online Educa Berlin (OEB) – from ICWE GMbH for an undisclosed sum
Press release: Leading international events company dmg events Middle East, Asia & Africa has acquired boutique business forum organiser Atticus Events. Focused specifically on the interior design of luxury hotels, HI Design organises specialist business meetings between key buyers from currently active hotel projects and a curated selection of International FF&E (Furniture, fixtures and equipment) suppliers. With each edition held in a different five star hotel location, HI Design events are currently run annually in Europe, Asia and MEA.
Press release: Euromoney Institutional Investor PLC (“Euromoney”), the international business-information and events group, announces today that it has acquired 100% of Seven Site Media Limited, trading as TowerXchange. Under Stock Exchange rules, this is a Class 3 transaction
2017 is ending with a bang in magazine media. Maybe even a metaphorical big bang, as the wave of consolidation this year is forecasting a future of change that is unprecedented for this industry. In other words, magazine media as we’ve known it for more than 100 years may never look the same after the Time Inc. and Meredith’s merger becomes official in 2018
Time Inc has been sold to rival media group Meredith Corporation in a deal valued at $2.8bn and backed by the Koch brothers, giving the conservative billionaires a stake in one of America’s best-known publishers.
Baring Private Equity Asia and CITIC Capital bought WSE for around $300m (£225m), but the deal is only expected to improve Pearson’s debt by around $100m – a “paltry sum”, according to analysts at Liberum.
Marcoms giant Dentsu Aegis Network has agreed to buy Netherlands and Dubai-based performance marketing agency Oxyma Group, which will subsequently be integrated into its Merkle subsidiary. Terms of the deal have not been disclosed
In a sobering assessment of the future of the news industry, the head of the Times and Sunday Times predicts a future where “no more than 10” global English-language news brands will survive by paid subscription models
The Financial Times claims to have exceeded 900,000 ‘paying readers’ for the first time. The title has seen a surge in digital subscribers since April when it revealed the total stood at 650,000, up 14 per cent year on year. At the time it said Brexit and the US presidential election appeared to have particularly fuelled subscriber growth
Private equity giant Carlyle Group and financial media firm Euromoney Institutional Investor have sold a controlling stake in content and analytics platform Dealogic, generating a hefty return
