According to Campaignlive.co.uk, Mixmag Media has completed a double acquisition of weekly rock magazine Kerrang! and The Face from Bauer Media. The Face will be revived as a digital brand, but Mixmag Media’s Jerry Perkins’ initial focus is reported to be on Kerrang! and, in particular, its digital offering
Gojimo, an app that helps U.K. high school students prepare for exams, has been acquired by Telegraph Media Group, the publisher of The Daily Telegraph and The Sunday Telegraph newspapers. Terms of the deal remain undisclosed, but from what I gather the Gojimo team are staying on and the company will still be run as a separate entity.
The Daily Telegraph is a rare beast: a British newspaper that makes healthy profits. All around it, the news industry is being upended by plunging revenues from print advertising and the migration of digital advertising to Facebook and Google. But in 2015, the Telegraph Media Group made a £48m pre-tax profit on a turnover of £320m, a slight improvement on the £46m it made in 2014. It is still Britain’s biggest-selling quality daily paper, though its print circulation has fallen from its peak of more than 1m papers a day in the early 2000s to 457,331 in February, according to the Audit Bureau of Circulation.
Relx has sold leading science magazine the New Scientist as the FTSE 100 group continues its shift away from traditional publishing to data and information services. The magazine, which has a global print and digital circulation of almost 125,000, according to ABC, was bought by Kingston Acquisitions, an investment vehicle led by Sir Bernard Gray, a businessman who previously led a buy out of the Times Educational Supplement from News Corp. The value of the deal was not disclosed.
Press Release: Future plc (LSE: FUTR, “the Group”), the international media group and leading digital business, provides a trading update for the six months to 31 March 2017. Overall trading for the year to date has been positive. The Group’s Media division is performing strongly with the fast growing revenue streams of e-commerce and events up around 70% and 15% year on year respectively. As a result the Board’s expectation for the Group’s results for both the first six months and the financial year as a whole remain uncharged
Press Release: Comexposium Group announced today that Simon Foster has been appointed as Chief Executive Officer as of August 2017. At that time, Renaud Hamaide will transition from CEO to Executive Chairman.
Haymarket Media Group is to invest £50m over the next three years and create more than 100 jobs in a new division, Haymarket Automotive
Secaucus, NJ-based Northstar Travel Group has acquired the assets of L.A.-based Schneider Publishing, including a trio of annual events and a pair of related media brands, the company announced today.
Japanese advertising giant Dentsu has agreed to buy US digital marketer Leapfrog. The Tokyo-based company said it would acquire a 100 per cent stake in Leapfrog, whose proprietary LFX Conversion Platform aims to optimise the consumer experience via channels ranging from social media to physical stores. Leapfrog, which is headquartered in Illinois, generated revenue of $32m in the 12 months ended December 2016 and employs 150 people, most of who are software engineers and data scientists
Press Release: Reed Business Information (RBI) has announced today that it has agreed to divest New Scientist and its associated products and events to Kingston Acquisitions Limited, a company established by the former management team of Times Educational Supplement. Terms were not disclosed.
The Times has seen subscriptions sales jump 200 percent in the last year, since it pivoted from publishing on a breaking-news cycle to a digital editions-based publishing strategy a year ago. Subscriber churn is also at a record low, down 4 percentage points compared to the previous year, according to Catherine Newman, chief marketing officer at The Times and Sunday Times. Last summer, total print and digital paying subscribers rested at 413,600, according to the publisher. And in the first half of 2016, new paying-subscriber sales rose 200 percent compared to the first half of 2015
Press Release: The Board of Centaur Media Plc (LSE: CAU), the business to business information, insight and events group, announces that it has commenced a process to explore the sale of its Home Interest portfolio
Press Release: Incisive Media has sold its Insight division, which includes the Risk.net and Insurance Post brands, to French business-to-business (B2B) publisher Infopro Digital. The acquisition deal completes on the 13th of April 2017
Over the past five years, Google and Facebook have cut a conquering swath through the market for digital advertising, snatching ever more business from legacy media companies, such as print newspapers and magazines. But a growing scandal involving the inadvertent placement of ads next to extremist content on Google’s YouTube video has raised questions about whether the balance of power is about to shift again.
Press Release: SAN JUAN CAPISTRANO, Calif. – January 26, 2017 – Emerald Expositions, LLC, a leading U.S. business-to-business trade show and conference producer, today announced its acquisition of the CEDIA trade show from the Custom Electronics Design & Installation Association
Press Release: SAN JUAN CAPISTRANO, Calif. – March 13, 2017 – Emerald Expositions, LLC (“Emerald”), a leading U.S. business-to-business trade show and conference producer, today announced its acquisition of the International Drone Conference and Exposition (“InterDrone”), the largest commercial unmanned aerial vehicle (UAV) trade show and conference in North America, from BZ Media LLC.
The parent company of American tabloid the National Enquirer has agreed to scoop up celebrity magazine Us Weekly for $100m. American Media’s purchase of Us Weekly will give the group a deeper foothold in the popular culture arena that is in vogue among young readers. Us Weekly sells about 1.95m paid copies per week and its website is visited by 22m visitors a month, American Media said in a statement. The magazine was founded in 1977 by the New York Times company, and was acquired eight years later by Wenner Media, the publisher of Rolling Stone magazine.
Tinopolis, the company behind TV shows including Question Time and Crufts and producer of BT’s Premier League and Champion’s League coverage, is up for sale with a price tag of up to £300m
Communications International Group (CIG), a leading pharmacy media and training solutions provider, has added 40,000 individuals to its online community overnight with the acquisition of Pharmacy Forum
Havas Group is acquiring Agence79 to strengthen its expertise in transferring classic media and content to digital platforms. Terms of the deal were not disclosed.
