German consumer electronics company Ceconomy has paid €425m to acquire the controlling stake of 24.33% in the Fnac Darty, the largest French cultural product chain, from Artémis. Continue reading >> [ Source: The Bookseller | 2017-07-28 00:00:00 UTC ]
For the first time in its 129-year history, the Financial Times said digital advertising revenue has surpassed print. The company credits a chunk of its success to content marketing studio Alpha Grid, which it acquired a controlling stake in last June.The Alpha Grid acquisition was part of a... Continue reading >> [ Source: Advertising Age | 2017-04-20 00:00:00 UTC ]
Oakley Capital, which has controlling stake in magazine, intends floating company on London AIM market in JuneTime Out, the lifestyle and listing magazine turned international digital media business, is planning a stock market flotation later this year.Oakley Capital, which acquired a... Continue reading >> [ Source: The Guardian | 2016-04-29 00:00:00 UTC ]
German publisher, Axel Springer, agrees to buy a controlling stake in the US news website Business Insider for $343m (£226m). Continue reading >> [ Source: BBC News | 2015-09-29 00:00:00 UTC ]
The Independent is up for sale. The paper's founder, and current chairman of its publishing company, Andreas Whittam Smith, has been authorised to seek out a buyer.The owners, Alexander Lebedev and his son, Evgeny, have been indicating for some time that they would be happy to dispose of the... Continue reading >> [ Source: The Guardian | 2014-01-16 00:00:00 UTC ]
The Rights House co-chief executive Michael Foster has sold his controlling stake in the literary... Continue reading >> [ Source: The Bookseller | 2013-05-28 00:00:00 UTC ]
Time Warner Inc. will spin off its magazine business later this year, turning the nine-decade-old publisher of Time, People and Sports Illustrated into a separate publicly held company.The board authorized management to proceed with the plan after a review of options, the New York-based media... Continue reading >> [ Source: Crains New York | 2013-03-07 00:00:00 UTC ]
Written By: Graeme Neill Publication Date: Mon, 03/10/2011 - 15:21 Canongate has sold its controlling stake in Australian publisher Text Publishing to Maureen and Tony Wheeler, the founders of Lonely Planet. The deal, for an undisclosed sum, generates a "sizeable" amount of cash to invest into... Continue reading >> [ Source: The Bookseller | 2011-10-03 00:00:00 UTC ]