Ultima Media Limited is a provider of intelligence and networking to the global automotive industry with principle brands Automotive Logistics, Automotive Manufacturing Solutions and Car Design News.
Demand still far outstrips supply when it comes to premium digital video. That’s a challenge for advertisers – but it’s a hell of an opportunity for publishers
Newspaper publisher Tronc is in discussions to buy Us Weekly from Wenner Media, according to sources close to the situation. The deal is rumored to be in the range of $90 million.
Publishers need to find additional sources of revenue and, worryingly, the new generation of so-called “distributed content” services, which held such promise a year ago, are not cutting the mustard. Services such as Facebook Instant Articles, Apple News and Google Accelerated Mobile Pages were supposed to make it easier for publishers to monetise their journalism.
An investment group backed by Edgar Bronfman Jr, former chief executive of Warner Music, Len Blavatnik, the billionaire owner of Warner Music Group, and Ynon Kreiz, who ran Maker Studios, will not pursue an acquisition because of a valuation gap, people said who were familiar with the situation.
Specialist exhibitions and publications business Quartz Coatings Ltd has been acquired by DMGT’s international exhibition and publishing company, dmg events.
Informa has launched a review of five of its conference businesses on the back of a 4.1% organic revenue decline. The company said the revenue dip followed restructuring in its conference businesses in Scandinavia, the Netherlands and Russia.
According to Liberium Informa (INF) could be hit by some of the same problems facing US educational publishers such as Pearson. Analyst Ian Whittaker reiterated his ‘hold’ recommendation and target price of 715p on the stock, which added 6.75p to close 1% up at 680p on Monday following full-year results.
Press Release: SINGAPORE, 2017-Feb-23 — /EPR Network/ — Clarion Events Asia today announced that they have acquired RetailEX ASEAN, a fast growing trade exhibition serving retailers in the ASEAN region. Co-organising the event with IMPACT, the premium venue in Thailand, Clarion Events look to enhance its offering to the retail industry in Asia.
The mad men and women of the ad industry have plenty of reasons to toss and turn at night. Money is increasingly trickling from television commercials to digital media — a market that Facebook and Google currently have in a duopolistic chokehold. Inter-agency competition is at a fever pitch. Unconventional upstarts are eating their lunch. If Don Draper were around today, there’s a good chance he’d work at Facebook. But it’s not internet advertising giants that keep the industry’s top chief up at night. Nor is it his three-month-old daughter. It’s…Amazon?
Infopro Digital has announced the acquisition of communications and events specialist Beauteam, a move which will boost the group’s presence in the B2B events market, challenging the likes of EasyFairs. Multi-media specialist and organiser of Luxe Pack Monaco, Shanghai and New York, Infopro Digital will expand its presence in the cosmetics events world with the Beauteam acquisition, with the smaller events company organising the successful MakeUp In events across Europe, New York, Seoul, Sao Paulo and Los Angeles.
Euromoney Institutional Investor PLC (“Euromoney”), the international online information and events group, has agreed to acquire 100% of the equity of RISI, the leading price reporting agency (“PRA”) for the global forest products market. In its recent strategy update, Euromoney highlighted price discovery (the main activity of a PRA) as a key investment theme. The acquisition of RISI follows the acquisition in August last year of FastMarkets, a leading provider of real-time metals market pricing information, which has significantly enhanced Metal Bulletin’s position in price reporting.
Informa to pay £106m for Yachting Promotions Inc., further strengthening Global Exhibitions Division and increasing US market presence
Press release: RWS Holdings plc, a provider of intellectual property support services (patent translations, international patent filing solutions and searches), commercial translations and linguistic validation, is to acquire LUZ, Inc., a US based life sciences language services provider for $82.5 million.
Trinity Mirror, the UK’s largest local newspaper group and publisher of the Daily Mirror, is eyeing further consolidation, as the industry races to tackle the long-term decline of print publishing. “We see ourselves as a consolidator in the newspaper industry and will continue to do so subject to tight financial returns,” said chief executive Simon Fox, as the group reported like-for-like print advertising revenues fell 18 per cent in 2016. Trinity is in early stage talks with Northern & Shell, the parent company of the Express newspaper titles and OK Magazine, which could lead to it taking a stake in some of the Richard Desmond-owned assets.
ESI Media has announced the launch of the London Evening Standard Food Month, a city-wide festival promoting the diversity of London’s food scene.
The festival will encompass hundreds of events throughout June and will include contributions from chefs, restaurants, food trucks, cafes and bars. The centrepiece of the festival will be the Night Market, an outdoor dining experience in a London park featuring up to 50 restaurants, food trucks, bars and live entertainment.
In December, UBM sold Ecobuild to its management for a nominal sum, incurring a total loss on disposal of £35.1m principally relating to the write-off of goodwill
Press Release: Haymarket Media Group today announces a new joint venture with Comexposium, one of the world’s leading event organisers.
The new partnership with Comexposium includes Haymarket’s Cereals and Fruit Focus exhibitions, the UK’s leading technical events for the arable farming and fruit industries respectively
Press Release: WPP announces that its wholly-owned marketing communications network, Ogilvy & Mather, has acquired a stake in its digital partner in Ireland, Eightytwenty Customer Experience Limited (“Eightytwenty”), market leader in the Irish digital communications industry
AXIO Group today announced that it has completed the sale of AXIO Aviation Holdings Ltd (“OAG”) to funds managed by Vitruvian Partners for approximately $215m.
