IAC’s Dotdash to Acquire Meredith in $2.7 Billion Acquisition

Dotdash, the digital publisher owned by IAC, announced Wednesday evening that it has reached an agreement to acquire Meredith Corp., a holding company whose titles include iconic properties like People, Southern Living and Better Homes & Gardens. Dotdash will purchase Meredith at a price of $42.18 per share, representing a total transaction cost of $2.7... Continue reading at 'AdWeek'

[ AdWeek | 2021-10-06 22:53:29 UTC ]
News tagged with: #southern living #homes gardens #digital publisher

Other Publishing stories related to: 'IAC’s Dotdash to Acquire Meredith in $2.7 Billion Acquisition'

IAC’s Dotdash to Acquire Meredith in $2.7 Billion Acquisition

Dotdash, the digital publisher owned by IAC, announced Wednesday evening that it has reached an agreement to acquire Meredith Corp., a holding company whose titles include iconic properties like People, Southern Living and Better Homes & Gardens. Dotdash will purchase Meredith at a price of... Continue reading at AdWeek

[ AdWeek | 2021-10-06 22:53:29 UTC ]
More news stories like this | News stories tagged with: #southern living #homes gardens #digital publisher

Meredith Corp. to acquire Time Inc. for $2.8 billion

Magazine publisher and broadcast company Meredith Corp. said Sunday afternoon it will acquire Time Inc. in a deal valued at $2.8 billion, a further sign of the steep challenges facing the print magazine industry. The Des Moines, Iowa-based company said in a statement that it has agreed to pay... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #meredith corp #acquire time #magazine publisher #deal valued #des moines #iowa-based company #pay $18

HC Sales Topped $2 Billion in Fiscal 2022

Sales rose 10% at HarperCollins, to $2.19 billion, in the fiscal year ended June 30, 2022, but higher costs limited the increase in profits to 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-09 04:00:00 UTC ]
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Wiley Sales Topped $2 Billion in Fiscal 2022

Wiley overcame a decline in its education publishing segment to post a 7% increase in revenue for the fiscal year ended April 30, 2022 and a 18% increase in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-16 04:00:00 UTC ]
More news stories like this | News stories tagged with: #7% increase #operating income

Nielsen Rejects $15 Billion Acquisition Offer From Private-Equity Consortium

Nielsen Holdings has rejected an acquisition offer of roughly $15 billion from a private equity consortium, explaining that the deal "significantly undervalues" the measurement company. On Sunday night, Nielsen said its board of directors had determined not to proceed with an "unsolicited... Continue reading at AdWeek

[ AdWeek | 2022-03-21 01:43:07 UTC ]
More news stories like this | News stories tagged with: #nielsen holdings #acquisition offer #measurement company #sunday night #nielsen

Wiley on Track to Top $2 Billion in Sales in Fiscal 2022

Despite a number of challenges, third quarter revenue at John Wiley rose 7% over the comparable period in fiscal 2021 and the company is poised to have sales exceed $2 billion for the first time in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter revenue

Take-Two is acquiring mobile game giant Zynga for $12.7 billion

PC gaming Giant Take-Two has announced that it's making a big move into mobile gaming with the acquisition of Zynga for a total price of approximately $12.7 billion. Take-Two already owns Rockstar Games, Codemasters and 2K, producing games like Grand Theft Auto, Red Dead Redemption, Bioshock and... Continue reading at Engadget

[ Engadget | 2022-01-10 13:17:58 UTC ]
More news stories like this | News stories tagged with: #big move #rich history #publishing platform

IAC to pay $2.7 billion for parent of People, Better Homes & Gardens

The purchase of Meredith Corp.'s magazine publishing operations is expected to close by the end of the year. Continue reading at Advertising Age

[ Advertising Age | 2021-10-06 23:04:39 UTC ]
More news stories like this | News stories tagged with: #homes gardens #meredith corp #magazine publishing

With Another Big Year, HarperCollins Sales Near $2 Billion

Sustained increases in book reading and book buying were the underlying factors in driving up sales by 19% and profits by 42% in HarperCollins's latest fiscal year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-08-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins sales #big year #$2 billion #book buying #book reading #harpercollins

Report: Private equity firm eyes Tech Data for potential $5 billion acquisition

Private equity firm Apollo Global Management LLC is potentially interested in buying Tampa Bay's largest public company, according to a Tuesday report from Reuters. New York-based Apollo has approached Clearwater-based Tech Data Corp. (NASDAQ: TECD) with an offer to acquire the company for... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-16 01:08:24 UTC ]
More news stories like this | News stories tagged with: #$5 billion #apollo global management llc

Facebook’s Nada Stirratt on the evolution of storytelling and how it helped raise $2 billion for charity

  Nada Stirratt, VP of North America at Facebook, sits down with Ad Age Associate Publisher Heidi Waldusky to discuss what storytelling means for Facebook users and advertisers. Plus, the need for brands to personalize messaging at scale—and how Facebook Stories can help. A custom video... Continue reading at Advertising Age

[ Advertising Age | 2019-10-02 21:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook users #associate publisher

Short Books acquires Taylor's guide to 'reversing Type 2 Diabetes'

Indie publisher Short Books will publish Life Without Diabetes by Newcastle Diet creator Professor Roy Taylor.  Continue reading at The Bookseller

[ The Bookseller | 2019-03-06 00:00:00 UTC ]
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Quad/Graphics Acquires LSC Communications for $1.4 Billion

Two of the top magazine printers in the U.S. are set to merge next year, continuing in the years-long trend of consolidation within the printing industry. Quad/Graphics will acquire LSC Communications in an all-stock transaction with an approximated value of $1.4 billion, which is expected to... Continue reading at Folio Magazine

[ Folio Magazine | 2018-10-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major step #common stock

Meredith Is Putting a Number of Newly Acquired Titles Up for Sale, Including Sports Illustrated

Meredith Corp. CEO Tom Harty had some big news to share with Time Inc. staffers during a town hall yesterday in New York: Legendary (and newly acquired) titles Sports Illustrated, Fortune, Money and Time will be sold. The Iowa-based Meredith owns monthly magazines that target women, including... Continue reading at AdWeek

[ AdWeek | 2018-03-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #meredith corp #big news #homes gardens

Meredith says Koch brothers will not have control after helping finance Time acquisition

Magazine publisher and broadcast company Meredith Corp. is acquiring Time Inc. in a deal valued at $2.8 billion as it seeks to adapt to the publishing industry’s challenge of migrating from print to the digital age. The Des Moines-based company said Sunday it would pay $18.50 a share for New... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #koch brothers #magazine publisher #deal valued #publishing industry #digital age #pay $18

Meredith to buy Time Inc. for upward of $2.8 billion in deal backed by Koch brothers

Time Inc., the steward of some of the country's most circulated and storied magazine brands, will be sold to the lifestyle-magazine publisher Meredith Corp., the companies announced Sunday. Meredith will pay $18.50 per share in the all-cash deal for a company that counts such titles as Time,... Continue reading at Baltimore Sun

[ Baltimore Sun | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #buy time #koch brothers #pay $18

Meredith to buy Time Inc. for about $1.8 billion

Magazine and broadcasting company Meredith is buying magazine publisher Time for about $1.8 billion to bulk up on readers as the publishing industry navigates the difficult transition to digital from... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2017-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #buy time

Verizon reportedly close to acquiring Yahoo for around $5 billion

Verizon is reportedly nearing a deal to purchase Yahoo for close to $5 billion, bringing to an end a months-long bidding process for a now-ailing company that was once an Internet trailblazer. The sale is still being deliberated, but could be announced early next week, according to Bloomberg.... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-07-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$5 billion

Meredith Close to Walking Away From $2.4B Acquisition by Media General

Meredith Corp. is close to walking away from its attempt to merge with Media General, allowing Nexstar Broadcasting Group to acquire the TV station owner after months of negotiation, according to people familiar with the matter.Meredith, the owner of broadcast stations and magazines like Better... Continue reading at Advertising Age

[ Advertising Age | 2016-01-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media general #fit pregnancy #tv stations #digital businesses #quarterly results

Meredith Continues Digital Drive With Acquisition of Grocery Server

Better Homes and Gardens publisher Meredith Corp. has acquired Grocery Server, a digital shopper marketing platform, in the company's latest attempt to build its digital capabilities.Meredith's AllRecipes.com has used Grocery Server's platform, which shows shoppers where they can buy recipe... Continue reading at Advertising Age

[ Advertising Age | 2015-07-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest attempt #paper towels #native advertising #senior vp