Posts by mwright

Hibert Publishing has sold Colorado Parent and Westchester Family in two separate deals that owner Gary Hibert said likely mean the end for the company he’s run since Nov. 2012. Parties close to the deals declined to share the terms of sale. Westchester Family, five ancillary publications, and its website were acquired by Community News Group (CNG), a publisher of New York-based magazines and newspapers. The monthly magazine has a circulation of 35,000 and will retain most of its staff

WPP announces that it has agreed to make a strategic investment in All Def Digital, Inc. (“ADD”), a digital media company founded by hip-hop impresario Russell Simmons, in the US. ADD’s clients include NBC Universal and Samsung. The company was founded by Simmons in 2013. It employs approximately 35 people and is based in Los Angeles. […]

WPP announces that it has agreed to make a strategic investment in Woven Digital, Inc. (“Woven”), a digital media company that targets the millennial male market, in the US.

Rupert Murdoch’s UK newspaper group has mounted a major challenge to BBC radio with a £220m takeover of Wireless Group, the owner of the Premier League football broadcaster talkSport.

After its persistent efforts to buy tronc, formerly Tribune Publishing, Gannett Co., Inc. announced its plans to acquire digital marketing company ReachLocal, Inc. with the goal to enhance Gannett’s digital revenue by 50%

Broadcaster saw share price fall by more than 20% on Friday, raising speculation it will become target for takeover bid

Stocks in the sector fell further than the wider market on Friday as investors reacted to the poll result

“Native advertising is really taking off. It will almost double its share of the overall advertising revenues in the magazine publishing industry to 33% in 2018 up from 19% in 2015,” said Jesper Laursen, founder and CEO of Native Advertising Institute (NAI)

No media business is even close to where it wants to be. Traditional companies struggle to hang on to print cashflows while competing with digital newbies which have all the flair but no sustainable profits. Young, digital-only, low-cost, small-team insurgents are fighting the unfair fight with the beasts of media pre-history. One business model is broken and the other is unproven.

Vice is to launch TV and digital services in more than 50 countries, as the youth-focused media company continues to expand aggressively. It has struck a range of deals with international media partners to bring TV, mobile and digital services to regions including the Middle East, Africa, India and south-east Asia. Vice will also extend its […]

Future have agreed terms to acquire the holding company of Imagine Publishing for shares in Future worth £14.2m

Spire will combine the publisher’s first-party data with 1010data’s consumer

Forecast comes from GroupM, media arm of world’s largest ad company, saying spend should rise again in event of remain vote

Reuters study suggests that neither millennials nor over-55’s exhibit much preference to consume news in print

Hearst has acquired a majority stake in MedHOK, Inc., a Tampa-based startup and software-as-a-service provider to the healthcare industry, the company announced yesterday. Terms of the deal were not disclosed, but upon the deal’s anticipated completion this summer, MedHOK will join Hearst Business Media’s healthcare information solutions group, which includes the companies FDB, Zynx Health, MCG, and Homecare Homebase.

Rivals working together to find ways of countering declining print revenues. Last year revenues from display adverts dropped 15 per cent, with publishers reporting similar figures for the first half of this year

Hachette UK announced today that it has acquired the British mobile game development studio Neon Play, which will operate as a standalone business under the Hachette umbrella. The move allows Hachette to publish authors on new platforms and the publisher to “pursue more generally our aim to generate rapid growth” on other platforms

Pearson is targeting the global market for online university degree courses as it seeks to reassure investors about the slowdown in other areas of its education businesses

The Financial Times is to significantly boost its advertiser-funded video and digital content by acquiring specialist firm Alpha Grid. Alpha Grid produces branded content across broadcast, video, digital and social as well as events. The FT is aiming to ramp up its content marketing operation, housed within a new studio operation FT2 launched in September, which […]

Condé Nast has acquired Backchannel, a tech business brand from social publishing platform Medium. Backchannel will continue to live on the Medium platform and will be ad supported through that platform, a similar model to Bill Simmons’ The Ringer