Amazon now has a $1 billion ad business

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

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Euromoney sells its wine event business to Comexposium

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

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ReedPOP And MCM Comic Con Join Forces To Produce The Largest Pop Culture Events In The UK

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

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RWS agrees to acquire Moravia for $320m

Intellectual property and support services provider RWS Holdings announced on Wednesday that it has entered into an agreement to acquire the entire issued share capital of Moravia US Holding Company and Moravia Lux Holding Company, which it describes as a “leading provider” of technology-enabled localisation services

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Diversified Communications Continues Investment in Australia, Acquires Luxperience

Diversified Communications announced today the acquisition of Luxperience, Australia’s only event dedicated exclusively to the business of luxury travel. “As a premium invitation-only hosted buyer model that features awards and networking opportunities, Luxperience is in a great position to understand and continue to service the needs of this growing community,” stated General Manager of Diversified Communications Australia, David Longman

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Hearst has agreed to acquire Gruner + Jahr Netherlands

Hearst has agreed to acquire Gruner + Jahr Media Netherlands, which publishes print and digital editions of media brands including Glamour, Vogue, JAN, Designer Vintage, National Geographic and Quest as well as custom content activities. The brands and all other activities will become part of Hearst Magazines and will be published through Hearst Netherlands, which reaches an audience of 5.5 million through brands such as Cosmopolitan

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