Walt Disney doubles stake in Vice Media to $400m

Walt Disney is doubling its stake in Vice Media to $400m, lifting its stake in the youth-focused media group to about 10 per cent, according to people familiar with the matter.

The deal, which values Vice at more than $4bn, comes weeks after Disney’s first $200m investment in the Brooklyn-based company.

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MESSE MÜNCHEN PURCHASES CTT MOSCOW,

In a press release dated 8 December 2015 Messe München announced it is buying CTT EXPO in Moscow, the world’s fifth largest construction machinery trade fair. This acquisition is both the biggest and most important purchase in Messe München’s history. The seller is private Russian trade fair company Media Globe LLC.

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Media’s Francois-Regis Coumau on the company’s move into TV

Immediate Media is still probably best known for its print titles, including Radio Times, BBC Top Gear Magazine, BBC History and Gardeners’ World. But the West London based publisher which has recently celebrated its fourth anniversary isn’t stopping there. “Strategically when you are looking at the next five or ten years I don’t think that’s enough,” said Chief Executive Tom Bureau in a recent interview. “So we are now focusing on the third part of our proposition – becoming a platform business.”

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Top Right Group rebrands to Ascential

The rebrand follows the completion of the three-year turnaround of the group which began in 2012, and signals a clear purpose for the future of the group which is now focused on two key areas: Exhibitions & Festivals and Information Services

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WPP agrees to merge ANZ businesses with STW

Communications Group Limited (STW) and increase its shareholding from 23.6% to 61.5%. STW, Australia and New Zealand’s leading marketing and communications group, is a publicly listed company, whose shares are traded on the Australian Securities Exchange

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STW share trading suspended on WPP buyout speculation

Listed advertising and marketing services firm STW Communications has gone into a trading halt amid speculation of a takeover by Sir Martin Sorrell’s WPP. The move by WPP is not unexpected with the two businesses being closely associated since the late 1990s. STW and WPP partner in some businesses such as Ogilvy, and WPP already owns 23.6 per cent of STW through its subsidiary, Cavendish Square Holdings.

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Atlantic Media in talks to sell Quartz

Atlantic Media has held talks with a number of potential buyers interested in digital media about a sale of or potential investment in Quartz, the publishing group’s business news site, according to people familiar with the matter

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Messe Frankfurt Group reports record sales of around €645 million

Messe Frankfurt is continuing to grow. The company is the leading international trade fair organiser with its own exhibition grounds. On presenting the Group’s preliminary key figures for 2015, Wolfgang Marzin, President and Chief Executive Officer of Messe Frankfurt, summed up: “We expect to generate sales of around €645 million – a new record for our company”

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