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 the biopharma industry. Terms of the deal were not disclosed. Founded in 2005, Pharmaceutical Commerce claims a controlled circulation of 21,000 for its quarterly print edition, primarily made up of executives at pharmaceutical manufacturers, according to its media kit. “We look forward to tapping into a new market and formalizing relationships with biopharma executive decision-makers in the industry,” said Mike Hennessy Jr., president and CEO of MJH Life Sciences, in a statement. “The acquisition of Pharmaceutical Commerce serves as a perfect complement to the publications already in our portfolio.” Nicholas Basta, Pharmaceutical Commerce's founder and editor-in-chief, will remain with the magazine through the end of 2020 to help ensure a smooth transition, MJH said. Cahaba Media Group Sold to Local Owners Elsewhere on the M&A wire, Cahaba Media Group, a Birmingham, Ala.-based publisher of the trade magazines Pumps & Systems, Construction Business Owner and HomeCare, has sold a majority stake in itself to local businessmen Matthew Conroy and Matt Lyons. The sale comes as 17-year-old Cahaba's founder and CEO, Wally Evans, plans to retire. He'll remain involved with the... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-07-09 18:18:12 UTC ]
News tagged with: #ma wire #-based publisher #majority stake #advertising partners #existing properties #home town

Other Publishing stories related to: 'M&A Update: MJH Life Sciences Buys Another B2B Magazine'


Screw magazine publisher Al Goldstein dies aged 77

Publisher who helped break down legal barriers against pornography dies in Brooklyn after long battle with illness Continue reading at The Guardian

[ The Guardian | 2013-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #long battle


The Magazine Medic Honors

 Awards season has arrived. The Oscars, the Golden Globes, all the rest. Some of these shows we love, most we secretly mock. There are way too many, to begin with. Continue reading at Folio Magazine

[ Folio Magazine | 2013-12-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #awards season #golden globes


Nothing said you made it in 2013 like a magazine launch

Longform journalism is having its moment, one that backers of recent print and digital magazines hope will linger like a 10,000-word New Yorker profile.Readers appear hungry for a more relaxed experience than the harried web.The hashtag #longreads took off on Twitter. Buzzfeed launched a long... Continue reading at Crains New York

[ Crains New York | 2013-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #vinyl records #chris kaskie #top category #meredith corp


How Local Magazines Figured Out What Patch Never Could

Look at the list of winners for the annual City and Regional Magazine Association awards. Continue reading at Folio Magazine

[ Folio Magazine | 2013-12-18 00:00:00 UTC ]
More news stories like this |


WME buys IMG Worldwide

William Morris Endeavor Entertainment (WME) has signed a deal to acquire IMG Worldwide. IMG... Continue reading at The Bookseller

[ The Bookseller | 2013-12-18 00:00:00 UTC ]
More news stories like this |


Native American Group Buys Entire Christmas Display

A customer representing the Poarch Band of Creek Indians walked into Barnes & Noble in Spanish Fort, Ala., and bought an entire display in the children's section. As a result, nearly 500 children in the tribe will receive at least one new book this holiday season. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #holiday season


Italy proposes tax credit for book-buying

The Italian government has proposed a law allowing book buyers to claim up to €380 (£... Continue reading at The Bookseller

[ The Bookseller | 2013-12-17 00:00:00 UTC ]
More news stories like this |


Lindsay Lohan reportedly at work on a book about her life

Lindsay Lohan now has a literary agent, according to TMZ. And where a literary agent with celebrity clients goes, book deals tend to follow.Lindsay Lohan now has a literary agent, according to TMZ. And where a literary agent with celebrity clients goes, book deals tend to follow. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-12-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #literary agent


Hearst Magazines Digital Chief Troy Young Discusses Finding Great Editors

Specs Who Troy Young Age 45 New gig President, Hearst Magazines Digital Media Old gig President, Say Media What’s it been like coming from pure-play digital companies like Say Media to Hearst, which has had a print mind-set? It was different at first, for sure. There were a lot more steps... Continue reading at AdWeek

[ AdWeek | 2013-12-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ll hear #cocktail party


Which science fiction classic should be the next HBO box set?

HBO's award-winning adaptations are novelistic in ambition, but TV executives hoping to follow Game of Thrones should look to the starsIt's almost commonplace to suggest that the HBO box set is now television's answer to the novel – witness the wily self-publishers who have started publishing... Continue reading at The Guardian

[ The Guardian | 2013-12-13 00:00:00 UTC ]
More news stories like this |


Do libraries matter? 94 percent of Americans say libraries make life better

In a recent survey by the Pew Research Center, 54 percent of respondents said libraries aren't as necessary as they once were when it comes to finding information. However, 94 percent said a library improves a community's quality of life. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-12-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #recent survey


Paywalls Boost Ad Rates for Some Magazines and Newspapers, OPA Study Finds

Online paywalls are helping some newspaper and magazine websites increase the ad rates they charge, according to a new report from the Online Publishers Association.It's a hopeful sign for publishers that have hesitated to erect paywalls, despite the potential to generate new revenue from... Continue reading at Advertising Age

[ Advertising Age | 2013-12-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #subscription models #negative impact #including time


Hachette Partworks buys Aerospace properties

Hachette Livre subsidiary Hachette Partworks has acquired intellectual properties belonging to... Continue reading at The Bookseller

[ The Bookseller | 2013-12-10 00:00:00 UTC ]
More news stories like this |


Nobel winner declares boycott of top science journals

Randy Schekman says his lab will no longer send papers to Nature, Cell and Science as they distort scientific processLeading academic journals are distorting the scientific process and represent a "tyranny" that must be broken, according to a Nobel prize winner who has declared a boycott on the... Continue reading at The Guardian

[ The Guardian | 2013-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #impact factors #editorial staff


Reading the New York Times Magazine isn't what it used to be | Michael Wolff

The magazine was once the most hotly anticipated Sunday read. Now it's been eclipsed by the showy T style publicationTwo magazines, both published by the New York Times, arrived in my house over the weekend, one thin, the other thick.The thin one, The New York Times Magazine, is largely about... Continue reading at The Guardian

[ The Guardian | 2013-12-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad revenues #media business


HarperCollins buys gang girl memoir

HarperCollins has acquired Sour, the true story of Tracey Miller, a former Brixton gang girl,... Continue reading at The Bookseller

[ The Bookseller | 2013-12-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #true story


Buying Guide: Find the perfect ebook reader

What's the best device if you want to embrace a post-paper reading world? That all depends on whether you want a dedicated reading device or a more versatile tablet. Continue reading at PC World

[ PC World | 2013-12-06 00:00:00 UTC ]
More news stories like this |


Facebook Admits Organic Reach Is Falling Short, Urges Marketers to Buy Ads

Facebook is being more blunt about the fact that marketers are going to have to pay for reach.If they haven't already, many marketers will soon see the organic reach of their posts on the social network drop off, and this time Facebook is acknowledging it. In a sales deck obtained by Ad Age that... Continue reading at Advertising Age

[ Advertising Age | 2013-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #falling short #buy ads #big shift


HarperCollins buys McPherson thrillers

HarperCollins has bought two psychological thrillers by debut author Ben McPherson. Julia Wisdom... Continue reading at The Bookseller

[ The Bookseller | 2013-12-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #psychological thrillers #julia wisdom


New York magazine goes biweekly

New York magazine will reduce its frequency from 42 issues to 29—effectively going from a weekly to biweekly—in a move that reflects shifting reader habits as much as it does the economic realities of putting out a print magazine, the company said Monday.The magazine will save $3.5 million in... Continue reading at Crains New York

[ Crains New York | 2013-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #super bowl #gay marriage #people read