Spending spree on the cards for publisher as it plans Future acquistions

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.

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Elsevier buys research sharing website

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

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Gannett Increases Offer For Tribune Publishing

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

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Freeman acquiers Exhibit Surveys to boost its data analytics

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.

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Immediate rumoured for sale for £300m

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

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Samantha Cameron’s stepfather in line for slice of £40m windfall after sale of firm behind Octonauts

Samantha Cameron’s stepfather is in line to share a £40million windfall after selling part of the TV production business behind hit children’s show Octonauts. Viscount William Astor will split the cash with media mogul Lord Waheed Alli thanks to a deal which valued their firm Silvergate Media at between £70million and £80million. Shamrock Capital Advisers – a […]

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STW/WPP: the mammoth merger

The merger of WPP and STW in Australia creates an $850 million business. It dwarfs the nearest competition by a long way and CEO of the newly formed WPP AUNZ, Michael Connaghan, expects it to punch through $1 billion before too long. With more than 90 agencies in the combined business, consolidation is inevitable. Connaghan said as much, speaking to AdNews just hours after the merger was passed by shareholders

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UBM acquires Business Journals in the US

BJI serves the men’s apparel and women’s apparel and accessories markets under the following leading tradeshow brands: AccessoriesTheShow, EDIT, FAME, Moda, MRket and Stitch. These shows run multiple times a year and in some cases are located in the same venues as UBM shows. BJI also operates several websites and publications serving the fashion sector. In 2015, BJI’s revenues were approximately $40m – $33m from Events and $7m from Other Marketing Services

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Publicis confirms talks with Cheil

In a Q1 earnings announcement Publicis said: “We don’t expect this year to be a year of large or numerous acquisitions” with the possible exception of Samsung’s ad agency Cheil Worldwide, the second largest Asian agency outside of Japan. Levy confirms acquisition talks, believing the South Korean-based agency would be a great fit to complement its digital expertise and global footprint. But he says these discussions have had “ups and downs” and “we are in a plateau today.”

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Iris acquires Founded, extends B2B reach

Iris, part of Cheil Worldwide, is acquiring Founded, a creative agency with offices in London and San Francisco. This deal will further extend Iris’ expertise in business-to-business (B2B) marketing, CRM, creative technology and strategic planning. Plus, Iris will now have a footprint on the west coast through Founded’s San Francisco office, opened in 2015. Terms of the deal were not disclosed

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Burson-Marsteller agrees to acquire majority stake in Turkish consultancy Effect PR

NEW YORK, April 20, 2016 /PRNewswire/ — Burson-Marsteller, a leading global strategic communications and public relations firm, announced today it has agreed to acquire a majority stake in Turkish communications firm Effect PR. Headquartered inIstanbul, Effect PR has been Burson-Marsteller’s exclusive affiliate partner in Turkey since 2012. Following the acquisition, it will become a full member of the network and be renamed Effect Burson-Marsteller

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