Publishers are scrambling quickly to launch Millennial content hubs, but Hearst is opting for the turnkey approach. The company announced that it’s extending its partnership with telecommunications giant Verizon to acquire Complex and its massive Millennial video audience
LexisNexis, a leading global publisher and online solutions provider for legal, tax and academic content, is “very bullish” on India and is keen on expanding in the country through acquisitions
UKTV is being tipped to go on an acquisition spree if the BBC is forced to sell off its £500m-valued stake.
The publishing firm Penguin Random House is considering a sale of its illustrated books division Dorling Kindersley, Sky News has reported
British broadcaster holds preliminary talks with Canadian distributor and producer
Three of France’s biggest media investors have launched a new company on the Paris stock exchange as they seek to make up to €1.5bn in European acquisitions and one day rival Germany’s Bertelsmann
Why would a hugely successful businessman make himself an easy target for critics who suspected his real intent was to prune an occasional thorn in Beijing’s side? SCMP readers are now asking exactly the same question of Jack Ma, the Chinese magnate who has agreed to pay $266m for the paper. The Alibaba Group chairman is China’s second-richest man and has expanded from his internet base into sectors as diverse as financial services and sport
Bought by Time Inc. Veteran Eric Thorkilsen and a Private Equity Fund
Silvio Berlusconi and Vincent Bollore, two of Europe’s most powerful media barons, have agreed a €1.75bn (£1.25bn) pact to create a European rival to Netflix and stronger continental opposition to Sky. The deal is expected to be approved this evening by the directors of Mr Berlusconi’s TV company Mediaset. It will see Mr Bollore’s French media giant Vivendi take full control of Mr Berlusconi’s Mediaset Premium. The loss-making pay-TV arm owns rights to top-flight Italian football and competes with Sky Italia
It is understood it is seeking a linkup with a private equity firm that would take over Yahoo, with a publisher then taking over the news and media properties
Johnston Press steps back into newspapers as Q1 ad revenues fall 16% — double 2015’s decline
Future used their Half Year trading update to confirm the acquisition of Noble House Media, a multi-platform publisher specialising in the tech sector. Noble House publish consumer mobile magazine, Mobile Choice, as well as trade magazines Wireless and Mobile, and complementing websites
Sky News has learnt that ICG (LSE: 138026.L – news) – also known as Intermediate Capital Group – has tabled an offer to buy a sizeable stake in Argus, which is one of the UK’s biggest privately owned companies. ICG, which provides private debt, credit and equity across a range of industries, is an unexpected interloper into what has become one of the City’s most hotly contested auctions so far this year
Waggener Edstrom has partnered with Buchan since 2008 and will rebrand the agency as WE Buchan
Richard Desmond has sold his adult TV business, including the Television X and Red Hot channels, severing his last link with the adult entertainment industry that helped the Daily Express and Daily Star owner make his fortune. Desmond’s company, Northern & Shell, announced on Friday it had sold its adult broadcasting arm, Portland Television, in […]
In a press release Next 15, the digital communications group, announced the acquisition of the entire issued share capital of Twogether Creative Limited (“Twogether”), a B2B creative and digital marketing agency with a focus on technology clients. Clients include multinational technology groups such as Brocade, Intuit, Symantec, Veritas, Lenovo and Zebra Technologies. It also has a proprietary Software as a Service (“SaaS”) offering in partnermarketing.com, which is used for channel marketing
In a press release Euromoney Institutional Investor PLC (“Euromoney”), the international online information and events group, today announced that it has entered into an agreement to sell its energy publishing businesses, Gulf Publishing Company (“Gulf”) in Houston and the Petroleum Economist in London, to a consortium led by Gulf’s CEO, John Royall and media investor Russell Denson, for a cash consideration of $18 million. Euromoney has owned Petroleum Economist since 1989 and Gulf since 2001. The transaction is expected to close on April 30, 2016
In a press release Messe Frankfurt Trade Fairs India Pvt Ltd, the Indian subsidiary of the global trade fair organiser Messe Frankfurt Exhibition GmbH has announced that it has entered into a definitive agreement to acquire the International Elevator and Escalator Expo from Virgo Communications and Exhibitions. With a well-timed launch of Electrical Building Technology show scheduled this year, the acquisition is expected to further broaden Messe Frankfurt’s participation in the building technology sector, taking the number of events organised by the Indian subsidiary to 20
Earlier this week, GroupM’s digital agency Essence set up shop in Shanghai China. Not to be outdone, competitor Dentsu Aegis Network has taken a step to strengthen its own digital operation in the region with an agreement to acquire Darwin Marketing there
WPP said it has acquired U.S. media agency Communications Media Inc, and plans to use the company as a media investment management hub. WPP said it will integrate the media unit of its health communications experts company Ogilvy CommonHealth Worldwide into the newly acquired CMI, and then plans to use CMI as a media investment hub for GroupH, which is the parent company for WPP’s healthcare specialist companies
