Economist Group Nears Agreement to Sell CQ Roll Call

The Economist Group is nearing a deal to sell CQ Roll Call to SaaS firm FiscalNote in exchange for an 18 percent stake in the company, according to an announcement released Wednesday. Expected to be finalized later this year, the proposed deal would see the London-based publisher become the largest individual shareholder in FiscalNote, a D.C.-based startup that provides CRM, data and information services to clients "at the intersection of global business and government." Chris Stibbs, CEO of The Economist Group, would join FiscalNote's board of directors. "FiscalNote's technology-driven approach to products and services is the perfect complement to CQ Roll Call's editorial excellence and advocacy services," said Stibbs in the announcement, which added that FiscalNote would "uphold CQ Roll Call's editorial independence while identifying opportunities to adapt and grow in a transforming news landscape." Formed in 2009 when The Economist Group acquired Congressional Quarterly from St. Petersburg Times owner Times Publishing Company and merged it with Roll Call, which it has owned since 1993, CQ Roll Call houses two of the oldest and largest outlets specifically devoted to Capitol Hill. The two publications maintain separate editorial mastheads but a centralized business structure under president Paul McHale. "By acquiring CQ Roll Call, FiscalNote will be positioned to provide best-in-class solutions in the issues management space," added Tim Hwang, FiscalNote's 26-year-old... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-07-25 00:00:00 UTC ]
News tagged with: #editorial excellence #editorial independence #roll call #capitol hill #decision making #financial terms #proposed agreement

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Economist Group Nears Agreement to Sell CQ Roll Call

The Economist Group is nearing a deal to sell CQ Roll Call to SaaS firm FiscalNote in exchange for an 18 percent stake in the company, according to an announcement released Wednesday. Expected to be finalized later this year, the proposed deal would see the London-based publisher become the... Continue reading at Folio Magazine

[ Folio Magazine | 2018-07-25 00:00:00 UTC ]
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Pearson sells Economist Group stake for £469m

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Pearson sells Economist Group stake

Publishing group Pearson says it has agreed to sell its 50% stake in the Economist Group for £469m. Continue reading at BBC News

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Guardian Media Group to sell 50.1% stake in Trader Media Group

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A Spider-Man comic that cost 12 cents in 1962 is now selling for nearly $60K in Moncton

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Who Are The Groups Banning Books Near You?: Book Censorship News, September 23, 2022

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Publisher Trade Group Letter Calls Out Apple and Google App Stores in Antitrust Bills

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ALA Working Group Calls for Change in the Library E-book Market

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Infectious Media sells to Kepler Group with global expansion plans

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Book by Donald Trump's niece sells nearly 1m copies on its first day

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The Economist Group Cuts 90 Employees, Takes 1843 Mag Digital-Only

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Bertram Group sells Erasmus and Houtschild

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[ The Bookseller | 2020-04-01 12:50:11 UTC ]
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Meredith Sells Money Magazine Brand, Nearly Two Years After Time Inc. Merger

Meredith Corp. has sold the Money magazine brand to Ad Practitioners LLC, a three-year-old Puerto Rico-based media and advertising startup behind the product review site ConsumersAdvocate.org, both parties announced Tuesday morning. Terms of the deal were not disclosed. One of a handful of... Continue reading at Folio Magazine

[ Folio Magazine | 2019-10-22 16:06:17 UTC ]
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Facebook rolls out more ‘playful’ ad formats: Friday Wake-Up Call

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[ Advertising Age | 2019-09-20 10:00:00 UTC ]
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Walmart removes pro-gun T-shirts and Verizon sells Tumblr: Tuesday Wake-Up Call

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Major city physician group calls for new DSRIP money

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[ Crains New York | 2019-06-12 09:30:00 UTC ]
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Frankfurt and Motovun Group Issue Call for Illustrated Books About Film

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[ Publishing Perspectives | 2019-04-30 00:00:00 UTC ]
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The Economist Group Names Informa’s Lara Boro Its Next CEO

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[ Folio Magazine | 2019-04-24 00:00:00 UTC ]
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Circle Media Group sells CPI to private investor

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[ The Bookseller | 2019-04-10 00:00:00 UTC ]
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