Posts by mwright

The German publisher continues to focus on building its digital subscription business with $250m purchase of research company

Ten Alps, trading as Zinc Media, the TV and multimedia content producer, today announces the disposal of the trade of Grove House Publishing Limited (“Grove”), one of its publishing subsidiaries, for a cash consideration of £50,000. Ten Alps will also retain certain assets, including the debtor book and cash in Grove, subject to various completion adjustments.

Time Out, the publisher that recommends things to do in cities from New York to Beijing, has conditionally raised £90m ahead of listing on London’s junior stock market, as it embarks on an ambitious growth plan

Briefing Media today announces the acquisition of Global Data Systems (“GDS”). GDS is the publisher of two market leading intelligence platforms: FeedInfo – the world’s leading source of news and premium intelligence for the meat, biotechnology and animal feed sectors; and FlexNews – a vital news service for senior executives working at multinationals in the global food industry

Capita plc has today announced the acquisition of Health Analytics Ltd, the award-winning Cambridge-based company whose specialist software uses clinical and financial information to support health and social care organisations to make more informed decisions about the care they deliver

Revenue increased by 10 per cent to £281.6m in the 2016 financial year, up from £255.9m in 2015. Operating profit increased by 27 per cent to £169.6m, from £133.1m, and earnings per share grew to 12.67p per share, up from 0.85p per share.This is the first set of full-year results the company has reported since listing on the London Stock Exchange in March last year. The company got off to a good start when it floated, with shares up 13 per cent on the first day of trading – and the stock has continued to perform well since, hitting an all time high in November when the group announced its first dividend.

Always Marketing Services, which is majority-owned by WPP operating company J. Walter Thompson, has acquired Malaysian brand activation agency ePromode Sdn Bhd for an undisclosed sum

The media company moves from one PE firm—the Wicks Group—to another. Northstar’s management team stays in place

The company’s media business continues to wind down as events take over, but a spokesperson tells Folio: that UBM remains committed to its existing media assets

In one of the largest B2B media transactions this year, Northstar Travel Group, which provides a broad array of products in the retail and corporate events markets, was sold from one private-equity firm—the Wicks Group—to another, Wasserstein Partners, Northstar CEO Thomas Kemp said today.

Global PR firm Allison+Partners has joined other global networks increasing their German presence in recent months, with the acquisition of tech-focused Berlin and Munich agency Higher Ground Communications

The bosses of free London newspaper City AM have boasted that they are tearing down the boundaries between editorial and commercial by letting brands post articles directly into their website content management system. I can see why they want to play this up. But actually, I don’t think it is nearly as revolutionary (or as ethically dubious) and some of the things big existing publishers already get up to. Former Independent media editor Ian Burrell has the story for The Drum

Dennis Publishing has announced plans to launch Cyclist magazine in France, home to the largest road cycling market in Europe

UBM plc (LSE: UBM-LN) today announces that it has acquired Content Marketing Institute (CMI) for a consideration of $17.6m with an additional earn-out subject to meeting profit targets over the next 2 years

Reed Exhibitions has expanded its presence in South Korea with the Electronics Manufacturing Korea show, and three Home Table Deco Fairs. The shows have been acquired from Korean organiser K-Fairs, which has partnered with Reed previously in 2014. These acquisitions will add four new exhibitions to Reed’s growing portfolio of events, with the organiser recently announcing the launch of the World Travel Retail Expo

The crucial question no one, including Jeff Jarvis, can answer: how will we fund journalists in a world dominated by Google and Facebook?

Star fund manager Neil Woodford is expected to be among investors in line to pick up a stake in media group Time Out when it unveils plans for its London listing tomorrow

Hearst is putting events front and centre in a ‘dynamic distribution’ strategy for its brands

I am in Ireland to address the Irish Press Council’s annual general meeting in a lecture entitled “Have newspapers got a future?” My theme is that they have no future. Declining circulation figures tell us that people are switching week by week from print to screen. It is simply a matter of time before it becomes unprofitable to continue publishing newsprint papers

Shares in Daily Mail and General Trust, publisher of the Daily Mail, fell by 10 per centon Thursday as it disclosed the toll that the sudden downturn in print advertising is having on its business. It suffered a 16 per cent decline in print advertising revenues in the first half of its financial year