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.
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
Hearst has agreed to acquire Gruner + Jahr Media Netherlands, which publishes print and digital editions of media brands including Glamour, Vogue, JAN, Designer Vintage, National Geographic and Quest as well as custom content activities. The brands and all other activities will become part of Hearst Magazines and will be published through Hearst Netherlands, which reaches an audience of 5.5 million through brands such as Cosmopolitan
Press release: Mark Allen Group has announced its intention to acquire the UK’s leading brand for social work professionals.
The US publishing giant Time Inc is in talks with Epiris about a takeover of its UK magazines subsidiary, Sky News learns.
US Magazine publisher Time Inc said it was looking to sell several assets, including Time Inc UK, Time Customer Service and a majority stake in the Essence magazine, CNBC reported on Friday
The publisher of Rolling Stone has announced it has put its controlling stake in the magazine up for sale
Reed Business Information (RBI) has announced today that it has agreed to divest personneltoday.com, personneltodayjobs.com, Occupational Health & Wellbeing, whatmedia.co.uk and the Recruitment Advertising Awards, and their associated products, services and events, to DVV Media International Limited, the UK professional publishing division of Rheinishe Post. Terms were not disclosed.
This decision reflects RBI’s continuing strategic priority of focusing on its data and analytics business.
Time Inc. is exploring the sale of three of its titles: Coastal Living, Sunset and Golf.
Time Inc. CEO Rich Battista told Bloomberg the focus is on “the key biggest growth drivers of this company that will move the needle the most. These are wonderful titles and wonderful brands.”
Richard Desmond has opened the books of his newspaper and magazine business as it progresses towards a sale, City A.M. understands
Publisher of The Week, Dennis Publishing, has bought financial magazine MoneyWeek. Like The Week, MoneyWeek has enjoyed years of circulation growth.
Future has bought Centaur’s home interest titles for £32m. The magazines include: Homebuilding & Renovating, Period Living and Real Homes. There are also seven exhibitions.
Press Release: One of the few remaining independent publishing ‘jewels’ has been acquired by the Mark Allen Group (MAG) in its bid to enhance its business-to-business portfolio. Kent-based Unity Media Plc and its sister company, Unity Exhibitions Ltd, have been snapped up by MAG for an undisclosed sum.
In a RNS this morning Electric Word has announced that it has agreed to its sale to a newly incorporated company controlled by owned and controlled by Riccardo Silva and Marco Auletta of Silva International for a total sum of approximately £16.58m. Since disposals of other assets last year Electric Word’s sole business has been SportBusiness, a name which the business will now revert to.
American Media said it will acquire Men’s Journal from Wenner Media, marking the second magazine deal that the two companies have done in recent months.
Press Release: The Chelsea Magazine Company has acquired Popshot Magazine, a contemporary illustrated literary magazine that publishes short stories, flash fiction, and poetry for up-and-coming authors and illustrators. The magazine is published bi-annually, releasing a new issue every April and October, each with a different theme. The Print Edition is stocked in 24 countries worldwide with the Digital Edition and Online Journal available online via the Popshot Magazine website
Yesterday One of the world’s biggest health and wellness media companies has vaulted spryly on to the auction block. On Wednesday, Rodale, Inc., publisher of Men’s Health, Women’s Health, Prevention and Runner’s World, among other titles, announced that it is considering “strategic alternatives” for the company, including a potential sale
Press Release: Ascential plc (the “Group” / LSE: ASCL.L), the global business-to-business information company, today announces that it has agreed the sale of the remaining 11 UK-based Heritage Brands to Metropolis International Limited for a consideration of £23.5m, payable in cash and subject to normal working capital adjustments. The sale has completed and the proceeds will be used to reduce Ascential’s net debt. On 5 January 2017 the Group announced that it had separated 13 Heritage Brands into a new operating entity and that these brands would develop an independent business strategy while new owners were sought.
Gulf Publishing Company has made its first major move since spinning off from its former London-based parent via management buyout last August from Euromoney
