Posts by mwright

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

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.