Posts by mwright

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

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

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

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

The latest IPA Bellwether report found almost 70% of UK companies in the third quarter of the year kept marketing budgets at the same level as the previous three months

Informa this week announced the majority acquisition of its German/Swiss domestic conference business Euroforum by leading German media group, Verlagsgruppe Handelsblatt GmbH.

Press release: Comexposium to expand its portfolio in Asia and strengthen the value proposition of INTERMAT ASEAN through the co-location of CONCRETE ASIA from 2018. Comexposium and IMPACT will co-organise and co-locate CONCRETE ASIA 2018

Press release: Mark Allen Group has announced its intention to acquire the UK’s leading brand for social work professionals.

Press release: RWS Holdings plc (“RWS), the world’s leading provider of intellectual property (“IP”) support services (patent translations, international patent filing solutions and searches) and a leading provider of life sciences and commercial language services, today announces the acquisition of Article One Partners, LLC (“AOP”), a cutting-edge IP information business based in the United States, for a cash consideration of US$8 million (“the Acquisition”). 

Press release: The UK’s leading food, drink and hospitality events company accelerates growth through strategic acquisitions and organic growth
Fresh Montgomery, the UK’s leading organiser of food, drink & hospitality events, has acquired Pub18, the only show entirely dedicated to the UK pub industry. The acquisition will strengthen Fresh Montgomery’s position as the most comprehensive events organisation in the market serving the food, drink and hospitality industries.

Buzzfeed UK reported a pre-tax loss of £3.3m last year despite more than doubling its turnover to £20.5m on the previous year, new financial figures show.

With 260,422 sales a month Glamour was the tenth biggest selling magazine in the UK as ranked by ABC. So news that its monthly edition is to close at the end of the year is a huge blow to the power of print magazine publishing. Glamour has fallen a long way since it burst on to the UK publishing scene in 2001, back in the days when publishing innovation was largely about changing the size of paper used