Press release: Euromoney Institutional Investor PLC (“Euromoney”), the international business-information and events group, announces today that it has acquired 100% of Seven Site Media Limited, trading as TowerXchange. Under Stock Exchange rules, this is a Class 3 transaction
2017 is ending with a bang in magazine media. Maybe even a metaphorical big bang, as the wave of consolidation this year is forecasting a future of change that is unprecedented for this industry. In other words, magazine media as we’ve known it for more than 100 years may never look the same after the Time Inc. and Meredith’s merger becomes official in 2018
Time Inc has been sold to rival media group Meredith Corporation in a deal valued at $2.8bn and backed by the Koch brothers, giving the conservative billionaires a stake in one of America’s best-known publishers.
Baring Private Equity Asia and CITIC Capital bought WSE for around $300m (£225m), but the deal is only expected to improve Pearson’s debt by around $100m – a “paltry sum”, according to analysts at Liberum.
Marcoms giant Dentsu Aegis Network has agreed to buy Netherlands and Dubai-based performance marketing agency Oxyma Group, which will subsequently be integrated into its Merkle subsidiary. Terms of the deal have not been disclosed
Private equity giant Carlyle Group and financial media firm Euromoney Institutional Investor have sold a controlling stake in content and analytics platform Dealogic, generating a hefty return
Press release: UK political information provider Dods Group has acquired a 30% stake in social media monitoring and analysis services provider Social360, for £1.65m in cash
Rouleur parent Gruppo Media will take full ownership and organisation of the Rouleur Classic from 2018. Having worked thus far in collaboration with Telegraph events, which has a deep portfolio of B2B and consumer exhibitions, the 2018 show will return to Victoria House again next year, running November 1st through 3rd.
The BBC is manoeuvring towards a £500m bid for full control of UKTV, the broadcaster behind the Dave and Gold channels, in what would be a major expansion into the advertising and pay-TV markets. According to industry and City sources the corporation’s commercial arm BBC Worldwide is in talks with advisers about borrowing hundreds of […]
Cable and media giant Comcast has reportedly approached 21st Century Fox about a possible acquisition, a move that comes after Disney was also reported to be circling Rupert Murdoch’s media empire. 21st Century Fox’s share price shot up in after-hours trading following the news on Thursday, first reported by CNBC. It is unclear whether the cablecompany is exploring a purchase of all or part of Fox, which owns Hollywood studios 20th Century Fox and Fox Searchlight as well as the Fox news and sports channels.
The rightwing billionaires are believed to be backing Meredith’s bid for the renowned media group but it is not the most obvious move for the brothers
Press release: Messe Frankfurt (HK) Ltd, Greater China’s headquarters of the global leading trade fair organiser Messe Frankfurt GmbH has acquired a major proportion of Beijing Traders-Link Plus International Exhibition Co Ltd, organiser of the Automotive Maintenance & Repair Expo (AMR) in Beijing
Reports that 21st Century Fox is willing to sell most of its assets may indicate the media clan are backing away – or is it just a way to achieve their dreams of scale?
Two Asian funds are poised to swoop on education firm Pearson’s English language unit, according to reports. Baring Private Equity Asia and Citic Capital Holdings have entered exclusive talks for Pearson’s language training centres, known as Wall Street English, after making a joint bid, sources told Reuters.
Press release: Diversified Communications announced today at Commercial UAV Expo Americas, that they have acquired Drone World Expo from JDEvents to create the largest and most important commercial drone event in North America
Press release: Euromoney Institutional Investor PLC (“Euromoney”), the international business information and events group, today announces that it has sold Adhesion Group S.A. and its 74% stake in World Bulk Wine Exhibition, S.L. to Comexposium Holding SAS, the leading French exhibitions company
Press release: ReedPOP, the world’s largest producer of pop culture events, is adding a series of premier events across the United Kingdom to its portfolio through the acquisition of MCM Comic Con. Today, ReedPOP announces that the leading pop culture events producer in the UK has joined its family of leading experiential fan events. The acquisition by ReedPOP, a boutique group within Reed Exhibitions, part of RELX Group, of MCM will take effect immediately and its impact will begin to be seen and felt on all 2018 events. The MCM Comic Con show portfolio boasts nearly 300,000 pop culture fans and cosplayers who flock to events throughout the year in London, Birmingham, Manchester, Glasgow, Liverpool and Belfast
Guardian Media Group is to spend £42m of its £1bn endowment fund backing companies which are involved in “the next generation of media technology”
Press release: NEW YORK, October 18, 2017 – Hearst and Rodale Inc. announced today that Hearst has agreed to acquire the magazine and book businesses of Rodale, a global health and wellness content company based in New York and Emmaus, Pennsylvania
Intellectual property and support services provider RWS Holdings announced on Wednesday that it has entered into an agreement to acquire the entire issued share capital of Moravia US Holding Company and Moravia Lux Holding Company, which it describes as a “leading provider” of technology-enabled localisation services
