Facebook has become the “richest and most powerful publisher in history by replacing editors with algorithms”, according to Guardian editor Katharine Viner
Facebook has become the “richest and most powerful publisher in history by replacing editors with algorithms”, according to Guardian editor Katharine Viner
Press release: UK political information provider Dods Group has acquired a 30% stake in social media monitoring and analysis services provider Social360, for £1.65m in cash
Rouleur parent Gruppo Media will take full ownership and organisation of the Rouleur Classic from 2018. Having worked thus far in collaboration with Telegraph events, which has a deep portfolio of B2B and consumer exhibitions, the 2018 show will return to Victoria House again next year, running November 1st through 3rd.
The BBC is manoeuvring towards a £500m bid for full control of UKTV, the broadcaster behind the Dave and Gold channels, in what would be a major expansion into the advertising and pay-TV markets. According to industry and City sources the corporation’s commercial arm BBC Worldwide is in talks with advisers about borrowing hundreds of […]
Cable and media giant Comcast has reportedly approached 21st Century Fox about a possible acquisition, a move that comes after Disney was also reported to be circling Rupert Murdoch’s media empire. 21st Century Fox’s share price shot up in after-hours trading following the news on Thursday, first reported by CNBC. It is unclear whether the cablecompany is exploring a purchase of all or part of Fox, which owns Hollywood studios 20th Century Fox and Fox Searchlight as well as the Fox news and sports channels.
The rightwing billionaires are believed to be backing Meredith’s bid for the renowned media group but it is not the most obvious move for the brothers
It has been a miserable year for the holding companies that own the world’s largest advertising groups, with shares in WPP, Publicis, Omnicom and Interpublic Group all down sharply over the past 12 months. Consumer groups are rethinking their marketing spending while unease about the effectiveness of digital advertising has damped investor spirits. With advertising’s Mad Men in danger of becoming sad men, what future is there for the holding companies? Their business model, which has traditionally brought together creative agencies, media buying and planning groups, is under attack on multiple fronts.
Magazine media is finding a number of pioneering use cases for ambient computing
Press release: Messe Frankfurt (HK) Ltd, Greater China’s headquarters of the global leading trade fair organiser Messe Frankfurt GmbH has acquired a major proportion of Beijing Traders-Link Plus International Exhibition Co Ltd, organiser of the Automotive Maintenance & Repair Expo (AMR) in Beijing
Press release: Haymarket, the international media group, has filed annual accounts showing a 26 per cent rise in operating profits to £4.3m.
According to Seeking Alpha Informa is currently undervalued compared to its closest peer group by about 30% and may re-rate in the next few months. The company has made a significant business overhaul in the past few years and is now very well positioned to grow sustainably going forward. Despite this profile, its valuation seems to be […]
Reports that 21st Century Fox is willing to sell most of its assets may indicate the media clan are backing away – or is it just a way to achieve their dreams of scale?
Two Asian funds are poised to swoop on education firm Pearson’s English language unit, according to reports. Baring Private Equity Asia and Citic Capital Holdings have entered exclusive talks for Pearson’s language training centres, known as Wall Street English, after making a joint bid, sources told Reuters.
Amazon is making good on its promise to eat advertising. In its third-quarter earnings report today, the e-commerce giant said it saw “other” revenue, which is mostly composed of ad sales (and to a much smaller extent, its credit card business), grow 58 percent year over year to $1.12 billion. That’s a slight increase from the growth rate in the prior second quarter, when it grew 53 percent year over year
Press release: Diversified Communications announced today at Commercial UAV Expo Americas, that they have acquired Drone World Expo from JDEvents to create the largest and most important commercial drone event in North America
Press release: Euromoney Institutional Investor PLC (“Euromoney”), the international business information and events group, today announces that it has sold Adhesion Group S.A. and its 74% stake in World Bulk Wine Exhibition, S.L. to Comexposium Holding SAS, the leading French exhibitions company
Press release: ReedPOP, the world’s largest producer of pop culture events, is adding a series of premier events across the United Kingdom to its portfolio through the acquisition of MCM Comic Con. Today, ReedPOP announces that the leading pop culture events producer in the UK has joined its family of leading experiential fan events. The acquisition by ReedPOP, a boutique group within Reed Exhibitions, part of RELX Group, of MCM will take effect immediately and its impact will begin to be seen and felt on all 2018 events. The MCM Comic Con show portfolio boasts nearly 300,000 pop culture fans and cosplayers who flock to events throughout the year in London, Birmingham, Manchester, Glasgow, Liverpool and Belfast
A free business magazine produced in east London has undergone a “dramatic” change into an internationally distributed paid-for glossy priced at £5, its owners have announced
Guardian Media Group is to spend £42m of its £1bn endowment fund backing companies which are involved in “the next generation of media technology”
Press release: NEW YORK, October 18, 2017 – Hearst and Rodale Inc. announced today that Hearst has agreed to acquire the magazine and book businesses of Rodale, a global health and wellness content company based in New York and Emmaus, Pennsylvania