London Bike and Triathlon Show sold to Frazer Clifford’s Newtimber Media

Telegraph Events has sold the London Bike and Triathlon Show to Frazer Clifford’s Newtimber Media. No terms were revealed. Clifford will be a familiar face to many visitors to the exhibition having worked as the sales director on the event for the past nine years. He told CI.N that long-term colleague Matt Letch will also join Newtimber Media in an enhanced business development role.

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Hearst UK acquires Be:FIT and Salon QP

Hearst UK has agreed a deal with Telegraph Events to acquire fitness and wellbeing festival for women Be:FIT; luxury watch fair Salon QP; and luxury watch magazine QP. The deal is part of Hearst UK’s strategic commitment to grow and diversify revenues

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Telegraph Media Group acquires UK exam preparation app Gojimo

Gojimo, an app that helps U.K. high school students prepare for exams, has been acquired by Telegraph Media Group, the publisher of The Daily Telegraph and The Sunday Telegraph newspapers. Terms of the deal remain undisclosed, but from what I gather the Gojimo team are staying on and the company will still be run as a separate entity.

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Telegraph finds way to profits in age of digital disruption

The Daily Telegraph is a rare beast: a British newspaper that makes healthy profits. All around it, the news industry is being upended by plunging revenues from print advertising and the migration of digital advertising to Facebook and Google. But in 2015, the Telegraph Media Group made a £48m pre-tax profit on a turnover of £320m, a slight improvement on the £46m it made in 2014. It is still Britain’s biggest-selling quality daily paper, though its print circulation has fallen from its peak of more than 1m papers a day in the early 2000s to 457,331 in February, according to the Audit Bureau of Circulation.

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Telegraph warns of ‘intense competition’ from Facebook and Google

The owner of The Daily Telegraph’s view of the trading environment in its newly published annual accounts was more bearish than a year ago. TMG described how print publishers now have a “less certain” role because of “competition from the proliferation of free digital content and the increasing role of large-scale digital platforms in distributing and aggregating content”, particularly on mobile

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What is the Telegraph up to?

At Shift 2014, Newsworks’ second annual conference all eyes were on new Telegraph boss, Jason Seiken. What surprises would he spring and what clues would he give as to the Telegraph’s digital future?

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