The Placing Shares represent, in aggregate, approximately 15 per cent of the Company’s issued ordinary share capital and constitute approximately 37.7 per cent of the Apax Sellers’ combined holdings in the Company and approximately 37.7 per cent of GMG’s holding in the Company
DMGT has little in common with supposed peers Johnston Press and Trinity Mirror. A forward earnings ratio of 14.2 times suggests the future is rosy. The market predicts deep trouble ahead for the other two, with ratings of 0.7 and 2.2 times, according to S&P Global. If DMGT were shorn of its legacy media interests, it would be rated more like Relx at 18.7 times
A new report that Meredith Corporation may make a bid for Time Inc. has raised share prices for both companies, and fueled more industry speculation over Time Inc.’s future
The new patent system is a complex hybrid of EU and non-EU components. While the UPC is officially an international judiciary outside the EU, it was set up under the auspices of the EU and is currently open only to member states – and some of its underlying legal framework is subject to interpretation by the European Court of Justice.
Chief executive says review will ask: are we the best owners for all our businesses?
DMGT, the owner of the Daily Mail saw profits tumble by a quarter at its newspaper operation following a double-digit fall in print advertising revenues and investment in Mail Online
Dennis Publishing is proposing to close the print edition of Coach Magazine, with the issue dated Wednesday 14th December being its last
Press Release: WPP announces that it has acquired, subject to regulatory approval, Promotion Execution Partners, LLC (“PEP”), a project management and procurement company that oversees shopper marketing promotions for clients, in the US.
Press Release: CLOSERSTILL MEDIA, the London-based exhibition and conference organiser, has announced the acquisition of LEARNTech Asia from Kydon Holdings for an undisclosed sum
According to the FT, Time Inc, the publishing company that owns Sports Illustrated, People and Time magazines, has rejected an unsolicited bid worth close to $1.8bn from a consortium backed by Len Blavatnik, the billionaire owner of Warner Music Group, according to people briefed on the offer.
According to the Daily Telegraph UDG Healthcare could make as many as four acquisitions in the US next year, its chief executive has said.
Display and classified revenues once swelled the profits of daily newspapers but also wrecked the relationship with their readers who became mere statistics with which to sell advertising. Readers (sometimes attracted as much by classified jobs ads as by journalism) became less important than advertisers who provided up to two-thirds of revenues and often 100% of profits
Press Release: Clarion Events is pleased to announce that it has acquired January Furniture Shows Ltd, the organisation behind the successful furniture shows in the NEC and Manchester.
With 100-year-old Vogue and design and lifestyle bible Wallpaper producing their biggest-ever issues – and “handbag” size pioneer Glamour seeking to bulk up to a bigger, glossier edition – the luxury magazines appear to be defying the advertiser and reader exodus rapidly eroding the rest of the magazine market
Press Release: Haymarket Media Group and Tee to Green Marketing are pleased to announce Haymarket’s acquisition of the British Homes Awards (BHA). Each year, the British Homes Awards (currently in partnership with the Sunday Times) champions the best in contemporary design. This year’s Awards took place in October 2016.
Press Release: Haymarket Media Group today announces the acquisition of the World Architecture News (WAN) and World Interiors News (WIN) websites and awards from Built Environment Media
Under the terms of the acquisition, each Creston shareholder will be entitled to 126.42p in cash for each Creston share, comprising 125p in cash from Bidco and 1.42p from an interim dividend paid by Creston in December
Arnaud de Puyfontaine, chief of the French media company, told delegates at the Morgan Stanley Technology, Media and Telecom Conference that he had been working closely with Yannick Bolloré, head of Havas and son of Vivendi’s chairman and main shareholder Vincent Bolloré, and that he believed a tie-up made sense. “It is a fine line between the two operations,” he said
Emerald Expositions LLC in San Juan Capistrano bought RFID Journal LIVE event and several regional expos from RFID Journal LLC in Hauppauge, New York on undisclosed terms
The BBC World Service is to undertake its biggest expansion since the 1940s
