Dmg events buys Atticus’ hotel interior design series

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. 

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Financial Times surpasses 700,000 digital subscribers and boasts highest readership in 130-year history

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

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Gruppo Media to take sole ownership of the Rouleur Classic

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.

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Comcast reportedly targeting 21st Century Fox for acquisition

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.

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Advertising companies struggle to adapt to a new world

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.

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