#majority stake

Publishing news tagged with #majority stake


News Corp almost doubles its profits on back of digital advertising and subscribers

Rupert Murdoch’s publishing and media giant attributes record profits and revenue to acquisitions and digital transformationRupert Murdoch’s News Corporation has almost doubled its profits in 2021/22 to a record $US760m ($A1.1bn).The US-listed company owns News Corp Australia, as well as... Continue reading >>
[ Source: The Guardian | 2022-08-08 23:21:18 UTC ]

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Morning Brew Tops $36 Million First-Half Revenue and Launches Its 10th Newsletter

The business news publisher Morning Brew, an Axel Springer property, launched its 10th newsletter Monday morning, a product called CFO Brew that aims to reach readers in strategic and corporate finance. The publisher has grown rapidly since selling a majority stake to Insider in October 2020... Continue reading >>
[ Source: AdWeek | 2022-07-12 10:01:54 UTC ]

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Bonnier buys majority stake in Norway's Strawberry Publishing

Bonnier Books has acquired a majority stake in Norwegian publishing group Strawberry Publishing AS. Continue reading >>
[ Source: The Bookseller | 2020-11-19 01:57:40 UTC ]

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M&A Update: MJH Life Sciences Buys Another B2B Magazine

MJH Life Sciences, the New Jersey-based medical publisher that expanded dramatically last year in a $100 million acquisition of the former UBM Life Sciences portfolio from Informa plc, announced another purchase on Thursday: Pharmaceutical Commerce, a trade magazine and digital outlet serving... Continue reading >>
[ Source: Folio Magazine | 2020-07-09 18:18:12 UTC ]

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Meredith’s Vision for the Future Includes Growth in Print Advertising, Newsstand Revenue

Just two months after the company's fiscal 2019 earnings report saw its share price tumble 23% in a single day, Meredith Corp. revealed a somewhat optimistic forecast for the company's print magazine business in its Q1 2020 report, covering the period from July 1 to September 30. On an earnings... Continue reading >>
[ Source: Folio Magazine | 2019-11-07 19:16:37 UTC ]

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Laurene Powell Jobs Buys Majority Stake in the Atlantic

Laurene Powell Jobs's Emerson Collective has agreed to acquire a majority stake in the Atlantic, the iconic political and cultural magazine that has also become a force in digital publishing.Powell Jobs, the 53-year-old widow of Apple co-founder Steve Jobs, is buying the stake from Atlantic... Continue reading >>
[ Source: Advertising Age | 2017-07-28 00:00:00 UTC ]

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Cheil Buying Stake in U.K.'s Iris Worldwide in Bid to Challenge Big Networks

South Korean ad company Cheil Worldwide has reached a deal to buy a stake in Iris Worldwide, a London-based international agency network that works with clients including Samsung, Reckitt Benckiser, Shell, Adidas, Barclaycard, Domino's and Diageo.The companies declined to disclose terms of the... Continue reading >>
[ Source: Advertising Age | 2014-11-25 00:00:00 UTC ]

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Conde Nast Spins Off Lucky Magazine but Keeps Majority Stake

Conde Nast ended years of speculation on Monday about whether it would shutter Lucky or continue to print the sputtering magazine by instead spinning off Lucky into a separate company called The Lucky Group.The new company is a joint venture between Conde Nast and BeachMint, an e-commerce... Continue reading >>
[ Source: Advertising Age | 2014-08-12 00:00:00 UTC ]

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Tinicum Acquires Majority Stake in F+W

Tinicum, a private equity firm with investments in media and e-commerce, has purchased a majority stake in F+W, A Content + eCommerce Company, an old media content company that has transformed itself into a digital content and retailing platform. Continue reading >>
[ Source: Publishers Weekly | 2014-05-05 00:00:00 UTC ]

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Guardian digital revenues hit £70m

Publisher of the Guardian and Observer to announce 25% rise in revenues in year to end of March 2014The Guardian is expected to report an increase in digital revenues of more than a quarter to almost £70m in the last year, as the future of its national newspaper titles is secured for the... Continue reading >>
[ Source: The Guardian | 2014-03-04 00:00:00 UTC ]

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Hearst's New Health Division Is a Departure from Magazines and TV

Hearst Corporation, whose holdings include Cosmopolitan magazine and a stake in ESPN, is continuing its push into healthcare and creating a division called Hearst Health.The unit consists of five healthcare-information companies, as well as an innovation lab and venture fund with a commitment to... Continue reading >>
[ Source: Advertising Age | 2014-01-27 00:00:00 UTC ]

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Sale of Springer majority stake

The parent company of science, business and media publisher Springer has sold its majority stake... Continue reading >>
[ Source: The Bookseller | 2013-06-19 00:00:00 UTC ]

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BBC says no deal done yet for Lonely Planet

The BBC has denied "a deal has been done" to sell a majority stake in Lonely Planet,... Continue reading >>
[ Source: The Bookseller | 2013-03-04 00:00:00 UTC ]

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Media Decoder Blog: Foer Returns to New Republic as Editor

Two months after obtaining a majority stake in the magazine, Chris Hughes, a co-founder of Facebook, is bringing back Franklin Foer as part of an ambitious plan to remake the magazine. Continue reading >>
[ Source: The New York Times | 2012-05-21 00:00:00 UTC ]

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Pearson moves into online tutoring

Sanchia Berg reports on the publishing company Pearson who have bought a majority stake in an Indian online tutoring company Tutorvista Continue reading >>
[ Source: BBC News | 2011-01-21 00:00:00 UTC ]

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