With debts of £1bn, this isn’t some ordinary financial asset. The desire to own the papers says more about power than profitSo much has changed in the generation since the Telegraph newspapers and the Spectator magazine were last put up for sale in 2004, including how much money they make. Yet... Continue reading >> [ Source: The Guardian | 2023-10-19 11:00:20 UTC ]
Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app.What people are talking about todayTribune Media Co. reportedly has a... Continue reading >> [ Source: Advertising Age | 2018-12-03 00:00:00 UTC ]
As the Midwest chain liquidates its inventory, it is fielding requests about its 45 locations from potential buyers who are considering turning the now-available sites into indie bookstores. Continue reading >> [ Source: Publishers Weekly | 2018-01-03 00:00:00 UTC ]
Rodale, the publishing company responsible for Men's Health, Women's Health and other wellness brands, has opened itself up for a possible sale.The company is exploring "strategic alternatives" to its current business plan that could include selling Rodale as a whole or in part, it said on... Continue reading >> [ Source: Advertising Age | 2017-06-22 00:00:00 UTC ]
German e-reading company txtr has filed for insolvency proceedings, with a provisional administrator Olswang Restructuring Solutions appointed to oversee a sale. The Berlin-based company, which operates in 25 countries, will continue to operate its ebook stores and e-reading platform during its... Continue reading >> [ Source: The Bookseller | 2015-01-30 00:00:00 UTC ]
M&A activity for media continued to drag through the third quarter as wariness over market conditions hung over potential buyers. The $21.9 billion Publicis/Omnicom merger drove industry averages up considerably, but underlying deal value declined 23 percent year-over-year to $43 Continue reading >> [ Source: Folio Magazine | 2013-10-08 00:00:00 UTC ]
Written By: Bookseller Staff Publication Date: Tue, 31/05/2011 - 09:01 Australian bookshop chains Borders and Angus & Robertson may have to close if buyers cannot be found, administrators have revealed. According to a statement from Ferrier and Hodgson, the firm is "urgently seeking offers... Continue reading >> [ Source: The Bookseller | 2011-05-31 00:00:00 UTC ]