Trinity Mirror seeking to bundle newspaper industry

Trinity Mirror, the UK’s largest local newspaper group and publisher of the Daily Mirror, is eyeing further consolidation, as the industry races to tackle the long-term decline of print publishing. “We see ourselves as a consolidator in the newspaper industry and will continue to do so subject to tight financial returns,” said chief executive Simon Fox, as the group reported like-for-like print advertising revenues fell 18 per cent in 2016. Trinity is in early stage talks with Northern & Shell, the parent company of the Express newspaper titles and OK Magazine, which could lead to it taking a stake in some of the Richard Desmond-owned assets.

read more

Haymarket Media Group forms joint venture with Comexposium

Press Release: Haymarket Media Group today announces a new joint venture with Comexposium, one of the world’s leading event organisers.

The new partnership with Comexposium includes Haymarket’s Cereals and Fruit Focus exhibitions, the UK’s leading technical events for the arable farming and fruit industries respectively

read more

Ascential to acquire MediaLink

Press Release: ASCENTIAL MEDIALINKLONDON–(BUSINESS WIRE)–Ascential plc, the global business-to-business media company listed on the London Stock Exchange, today announced that it has agreed to acquire 100% of MediaLink, a U.S.-based advisory and business services firm

read more

Cello acquires Defined Health

Press Release: Cello Group plc (AIM: CLL; “Cello”, the “Group” or the “Company), the healthcare focused strategic marketing group, is pleased to announce that it has raised £15.0 million (before expenses) by way of a placing of 15,463,919 new ordinary shares of 10 pence each (the “Placing Shares”) at a price of £0.97 per ordinary share (the “Placing”). The Placing, which was oversubscribed, has received strong support from both new and existing institutional shareholder. The Placing proceeds will in part be used to finance the acquisition of the assets of Defined Healthcare Research, Inc. and Cancer Progress, LLC (“Defined Health”), a business delivering scientific strategic advisory services to a wide range of US, European and global biotech and healthcare clients (the “Acquisition”). The proposed initial consideration for the Acquisition is US$5.75 million

read more

CloserStill Media acquires iLearning Forum in France

Press release: CloserStill, recently ranked No 10 in the Sunday Times International FastTrack 200 of the UK’s fastest growing exporters, will incorporate iLearning Forum into its launch of Learning Technologies France exhibition and conference to be held on January 23rd and 24th 2018 at Espace Champerret in Paris.  

read more

Sky buys stake in reborn Chrysalis television production company

Sky has taken a substantial stake in the reborn Chrysalis television production company that will fund the creation of a slate of new dramas. Chrysalis Vision was set up by the former management team behind Chrysalis Television, one of the original “super indies” in the production sector that developed long-running shows including Midsomer Murders and Doc Martin. The original business was sold in 2003 as the former Chrysalis media empire was dismantled and became All3Media, which was acquired by Liberty Global and Discovery in 2014 for £500m

read more

IDG Sold to Chinese Investors for Under $1 Billion

International Data Group, Inc. (IDG) has found a buyer, one year after the digital media and events company started looking for new ownership.

China Oceanwide and IDG Capital announced yesterday a definitive agreement to acquire the entire IDG package. The Wall Street Journal reports that China Oceanwide will pay under $1 billion — less than a quarter of the $4 billion in revenues estimated by IDG insiders in early 2016

read more

Wilmington acquires HSJ from Ascential

Press Relase: Wilmington plc (“Wilmington” or the “Group”), the knowledge leader in Risk & Compliance, Finance, Legal, and Insight, announces it has reached agreement to acquire the Health Service Journal (“HSJ” and the “Acquisition”), the UK’s leading health information, insight and networking business, from Ascential plc for £19m with an adjustment for working capital, payable on completion. The consideration is to be funded from the Group’s existing debt facilities. The Acquisition is expected to complete on 31 January 2017

read more