The agency network said the private equity firm won’t be involved in its day-to-day operations, but it will help its growth strategy
The agency network said the private equity firm won’t be involved in its day-to-day operations, but it will help its growth strategy
Magazine publisher Future reported it had reduced its pre-tax losses today as it forecast further acquisitions activity. In April, Future acquired Noble House Media, a publisher specialising in technology and the mobile industry, and Blaze Publishing, which covers the music and shooting sectors. And the publisher anticipates more activity to strengthen its portfolios in both its media and magazine divisions.
Online advertising has grown rapidly in recent years, with US revenues hitting $59.6bn in 2015, according to eMarketer, compared with the $68.9bn generated by television. However, as online advertising has grown, so have concerns about viewer measurement, fraud and the placement of campaigns on sites that could be harmful to brands.
The events organiser, which hopes to conclude the sale of its PR Newswire and Agility businesses in coming weeks, said performance since the start of the year had been in line with management expectations. Larger events continued to drive performance, most notably Game Developers Conference, MAGICVegas, Enterprise Connect, MD&M West and Hotelex/FineFoods, UBM said.
Media everywhere needs to be focused on unbundling information that was once packaged for print, in order to give readers-users the opportunity to pay only for what they actually want. Nowhere is this easier than in markets where readers account for most of the revenues – like many of those sectors traditionally dominated by Bauer
Elsevier, the scientific publisher owned by RELX Group, has bought the Social Science Research Network, a website on which academics share draft papers that have not yet been published in a peer-reviewed journal. On Tuesday, the company announced that it had acquired SSRN, which has more than 2m users and ranks as one of the world’s most popular repositories of research in economics, law and social sciences, for an undisclosed sum
Sales of printed books have grown for the first time in four years, lifted by the adult colouring book craze and 150th anniversary of Alice in Wonderland, as ebooks suffered their first ever decline
Time Inc. is chasing Millennials by going where they do: mobile videos of Internet stars
Gannett today announced that it has increased its offer to acquire Tribune Publishing Company to $15.00 per share from $12.25 per share — a 22.5% increase. The move comes after its initial bid was rejected and Tribune adopted a “poison pill” plan to block the offer
Freeman has told EW that its purchase of market research and consulting firm Exhibit Surveys reflects the importance of data for marketing events.
The move supports the company’s goal to continue to grow its resources to support strategy, design and digital by adding an experienced group of researchers with a deep understanding of data and measurement.
Press Release: Future plc, the international media group and leading digital business, has acquired, for an undisclosed sum, the assets of Blaze Publishing. Blaze is a UK-based publisher and event organiser, which focuses on the shooting and music sectors through a combination of events, consumer magazines, trade publications and contract publishing.
New York-based events firm Argyle Executive Forum, LLC has acquired business media company Innovation Enterprise from private equity firm Seguin Partners and minority stake owner The Economist Group
According to the Sunday Times, the publisher’s private equity owner Exponent is interviewing advisers for handling the sale that is expected to be completed before the summer.
One of Britain’s biggest magazine publishers, Immediate Media sells 74m magazines every year including BBC titles like Good Food, Homes & Antiques, Gardeners’ World, and Match of the Day among others. The media house also owns other UK consumer titles like Triathlon, Urban Cyclist, You and Your wedding, and Horrible Histories
The decision to divest Maintec and Facilities Management was made to concentrate the organiser’s focus and resources on the growth of its international portfolios in engineering, packaging, oil, petroleum & gas storage, and the laboratory, pharma and healthcare sectors, stated Easyfairs
Magazines everywhere have been shredded by lost readers and advertising. But millions of worldwide sales are testimony to the global appeal of these disrupted brands. The business model may be broken but the brands are not. International editions of Vogue, Cosmopolitan, National Geographic, Men’s Health, Autocar, Time Out, GQ, Auto Bild, T3, Elle, Robb Report, and a hundred other magazines are reminders of huge audiences and halcyon days. But these long-established brands can now deliver a new future, taking publishers into retailing, consumer services, education, and screen entertainment – to compete with consumer products which are pushing into media content from the other direction
Omnicom Health Group has agreed to acquire BioPharm Communications, a specialist in multichannel marketing programs to physicians and healthcare practitioners for pharmaceutical and biotechnology clients. The acquisition is designed to bolster Omnicom’s data-driven marketing capabilities in the healthcare sector
News Corp press release: In a statement released with the earnings, the media firm said: “While we believe in the strength of our print properties, we are also investing energetically in the rapid pursuit of digital which is clearly evident in the transition at Dow Jones.
“At Dow Jones this quarter, digital accounted for more than 50% of total revenues for the first time, and digital-only subscribers at the Wall Street Journal grew to 893,000, representing nearly 45% of the base.”
Leading commercial real estate B2B media and events firm looks to capitalize on a decade’s worth of rapid expansion
A 23 percent year-over-year jump in digital advertising revenues as print losses begin to subside
IMS Health and healthcare consultancy Quintiles are planning to merge in an all-stock transaction which will value the combined company – Quintiles IMS Holdings – at $17.6 billion. Combined 2015 revenue for the two firms was around $7.2 billion