LEXISNEXIS SOUTH AFRICA AGREES TO ACQUIRE KORBITEC

has agreed to purchase Korbitec (Pty) Ltd from the Naspers Group for an undisclosed amount. The transaction is subject to approval by the South African Competition Commission. Korbitec is a leading provider of content-enabled workflow solutions for South African property professionals, with two leading products, GhostConvey and Windeed, in addition to its Banking and Municipal […]

read more

Dentsu Aegis Network Agrees To Buy eCommera

In a bid to strengthen the company’s capabilities in the brand commerce space, Dentsu Aegis Network has reached an agreement to acquire UK eCommerce specialist eCommera. Terms were not disclosed, but Dentsu said the acquired firm would be aligned with its digital marketing agency network Isobar. The company, with a staff of 275, will continue […]

read more

Mobile Programmatic Buying Is Taking Off

Mobile programmatic ad-buying is taking off. Rubicon Project, a large ad exchange and ad tech provider, last week shared that mobile now accounts for over 20% of the company’s total managed revenue, up from less than 3% just one year ago. That represents a spend increase of 1,300%, and Rubicon doesn’t expect it to slow down […]

read more

Martha Stewart Living sold for $353m

Martha Stewart has sold her media and merchandising business to Sequential Brands, a retail licensing group, for about $353m, marking a dramatic fall in the value of an lifestyle business empire that was worth nearly $2bn at its peak in 2005. For the full story read next.ft.com

read more

Economist Group looks beyond advertising for return to growth

The head of the Economist Group has promised a return to revenue growth in the next twelve months, after falling print advertising caused a third successive year of declining sales. Chris Stibbs said the company — which owns the Economist magazine and other information businesses — had lost about £50m, or 46 per cent of the […]

read more

REED EXHIBITIONS ACQUIRES MIAMI-BASED JEWELERS INTERNATIONAL

Reed Exhibitions, part of RELX Group, announced today that it will expand its jewelry event portfolio with the acquisition of Jewelers International Showcase (JIS). JIS has three annual business-to-business events, for jewelry retailers, at the Miami Beach Convention Center. Thousands of retailers attend the JIS Events from the United States, Caribbean and Latin America to […]

read more

39% of UK consumers use ad blockers, finds Reuters study

Four in ten (39 per cent) of UK Internet users use ad-blocking technology to curb the number of promotions they see while browsing as they become increasingly dissatisfied with the types of ads on show, according to a new study. It’s not surprising then that many publishers are “abandoning the old models in favour of new […]

read more

Is UBM’s strategy the real deal or not?

The biggest question comes right from Tim Cobbold’s strategic presentation in which he makes clear that the global exhibition industry is attractive because it is growing at 5% annually and yet remains fragmented. But the (almost) single-minded pursuit of “events” may be flawed

read more