The sale price, revealed during Meredith’s earnings call today, is $60 million up front, with a profit sharing arrangement that will be paid out in Meredith’s fiscal 2018, estimated to be 3.5 times first-year cash flow. Also included in the deal are Shape’s digital assets, as well as the digital assets for Natural Health and […]
Vivendi, the owner of Universal Music Group and Canal Plus, this week entered exclusive talks with Orange to acquire a majority stake in Dailymotion, the online video site. The deal will be the first of many, Mr de Puyfontaine (Vivendi CEO) tells the Financial Times in an interview amid visits to Vivendi’s US-based shareholders. For the full […]
The first show under the new ownership is the UK Summer Motorhome and Caravan Show scheduled for The Kent Showground, Detling, on June 6 and 7. The other events now coming under Mortons’ banner are the UK Spring Motorhome and Caravan Show as well as the UK Autumn Motorhome and Caravan Show, both held at the […]
The Chelsea Magazine Company has acquired three specialist coffee-table consumer titles – The English Home, The English Garden and Discover Britain – from Archant Community Media for an undisclosed sum. Following its acquisition of Little Media in 2014, The Chelsea Magazine Company continues to expand its portfolio, which now includes 15 titles in three distinct groups – Parenting, […]
Advertisers splashed out a record £7.2bn on digital advertising last year (up 14% YoY) as they looked to tap into the growing number of digital consumers, with the average household now owning 7.4 internet devices. Video advertising spend rocketed 43% to £442m in 2014 – just five years ago this was £53m.Read more at Marketing Magazine
Airlines have taken a fundamentally different approach to their market. Rather than continue to battle one another to the bottom with discount pricing, the industry is now widely practicing what’s called “capacity discipline.” For the full story read FIPP
Haymarket Media, Inc, is pleased to announce the acquisition of Group DCA—an interactive digital communications agency specializing in multi-channel engagement of health care providers—from PDI Inc.
Rumours about a possible acquisition of Twitter have started surfacing yet again. Earlier this week, Twitter’s shares rose by up to 4.8% as rumours of Google and Yahoo planning a potential buyout started surfacing.
The French media conglomerate Vivendi is looking at a possible skyacquisition of pay-TV group Sky, as one of several options to expand the reach of its own TV group Canal Plus
ITV is on the verge of paying up to $950m (£630m) for the TV division of The Weinstein Company, the production studio set up by veteran film and TV producer Harvey Weinstein and his brother Bob, according to reports
TEN, The Enthusiast Network, announced its acquisition of TORQUE.TV, as it looks towards a summer launch of a new over-the-top video platform
Vox Media, the US digital publisher, has bought a data science start-up as it looks to track more closely how readers view, share and interact with content across the internet
Next Fifteen Communications, parent company of PR firms including Lexis and Bite, has spent £5.4m to secure outright ownership of digital design agency Beyond and content marketing agency Republic Publishing
While mainstream magazines are seeing sales fall, and long-standing titles such as Loaded are printing their final issues, the world of niche, independent mags is going from strength to strength
Vivendi has confirmed a bid for Orange-owned YouTube rival Dailymotion. The French media group, which owns Universal Music and Canal+, confirmed reports it was in talks to buy a majority stake in the video site, in a deal thought to be worth €250m (£182.6m) for a 75 to 80 per cent share.
For all the talk of ‘digital first’, most dailies are still dominated by the economics and culture of print. But, even those with growing online audiences must now make a real strategic leap.
The technology behind Rodale’s new online learning platform, Rodale U, is Thought Industries – a commerce-integrated learning platform designed to deliver education without borders.
Clio Online’s portfolio offers a range of digital learning portals for a majority of subjects and grades, accompanied by an advanced learning management platform.
The Golf Paper, a weekly publication packed with news, reports and features about the sport, will be launched by the same stable that publishes The Rugby Paper, The Cricket Paper, The Non-League Paper, The Football League Paper, the football fans’ magazine, Late Tackle and Racing Ahead, horse racing magazine.
Trade magazines often have to adjust to their businesses to mirror the expansions and consolidations going on amongst readers and advertisers
