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

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Barnes & Noble intros buy-one-get-one Nook book offer, only valid in stores

Well, this process seems a bit counterintuitive, eh? This morning, Barnes & Noble introduced a new scheme for getting Nook customers to visit the company's retail stores. The promotion nets you one free ebook when you purchase another, but -- and this is where the offer tripped us up a bit... Continue reading at Engadget

[ Engadget | 2013-05-02 00:00:00 UTC ]
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Headline buys Hannigan

Headline has signed rights to two new novels from Irish writer Emma Hannigan. Irish and UK and... Continue reading at The Bookseller

[ The Bookseller | 2013-04-29 00:00:00 UTC ]
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Pan Mac to explore Secret Life of Dogs

Pan Macmillan has acquired Off the Leash: The Secret Life of Dogs by cartoonist Rupert Fawcett,... Continue reading at The Bookseller

[ The Bookseller | 2013-04-25 00:00:00 UTC ]
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Freeman to leave Granta magazine

Granta magazine editor John Freeman is leaving the publication after five years, with his final... Continue reading at The Bookseller

[ The Bookseller | 2013-04-24 00:00:00 UTC ]
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Millionaire buys every MP Douglas Carswell title

An entrepreneur is buying every MP a copy of Douglas Carswell’s book The End of Politics... Continue reading at The Bookseller

[ The Bookseller | 2013-04-24 00:00:00 UTC ]
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Science Museum publishes free ebook

Visitors to London's Science Museum will be offered a free ebook from author Tony White, to... Continue reading at The Bookseller

[ The Bookseller | 2013-04-22 00:00:00 UTC ]
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Medium Buys Long-Form Site Matter

Twitter has often been cited as anathema to long-form journalism, but one of the social giant's co-founders thinks the two concepts can work together. Medium, a content production and delivery platform started by Twitter and Blogger co-founder Ev Williams, has acquired the sci-tech long-form... Continue reading at Folio Magazine

[ Folio Magazine | 2013-04-19 00:00:00 UTC ]
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Bloomsbury's Swainson buys 'Turkish Franz Kafka'

Bloomsbury has signed rights to two novels from an author described as the 'Turkish Franz... Continue reading at The Bookseller

[ The Bookseller | 2013-04-19 00:00:00 UTC ]
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Skateboarder Magazine Goes Digital-First

Skateboarder Magazine isn't abandoning print altogether, but--not surprisingly for a young, male enthusiast title--it's going to concentrate a lot more on digital from now on. Continue reading at Folio Magazine

[ Folio Magazine | 2013-04-18 00:00:00 UTC ]
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Jobs to go as Bertrams buys Blackwell's library contracts

Wholesaler Bertrams has bought Blackwell's academic library services contracts for £2.... Continue reading at The Bookseller

[ The Bookseller | 2013-04-17 00:00:00 UTC ]
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Web sparks print comeback for magazines

Only newspapers have been given up for dead more often than magazines. But though their print cousins continue to lose advertising at a brisk clip, some magazine publishers are trumpeting a turnaround few could have foreseen in the dark days of 2008 and 2009, when nearly 1,000 titles shut... Continue reading at Crains New York

[ Crains New York | 2013-04-17 00:00:00 UTC ]
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MPA Is Getting Closer to Digital Magazine Ad Standards

Magazine publishers have found new fans for their content on tablets and e-readers, but will they ever be able to get advertisers to give them the same commitment? In the three years since consumers got their hands on Apple’s first iPads, magazines have been preparing their content for the new... Continue reading at AdWeek

[ AdWeek | 2013-04-15 00:00:00 UTC ]
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Coronet buys Brian Wilson’s Hell

Hodder imprint Coronet has snapped up the memoir of pop legend and Beach Boys founder and chief... Continue reading at The Bookseller

[ The Bookseller | 2013-04-15 00:00:00 UTC ]
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H&S buys Ee from Amazon

Hodder & Stoughton has acquired fantasy thriller Angelfall by Susan Ee, a novel originally... Continue reading at The Bookseller

[ The Bookseller | 2013-04-12 00:00:00 UTC ]
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Harvill Secker buys more Arne Dahl

Harvill Secker has bought two more books from Swedish crime novelist Arne Dahl, whose The Blinded... Continue reading at The Bookseller

[ The Bookseller | 2013-04-10 00:00:00 UTC ]
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T&F buys Manson Publishing

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[ The Bookseller | 2013-04-10 00:00:00 UTC ]
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Headline buys The Wrong Knickers

Headline Publishing has acquired The Wrong Knickers: A Decade of Chaos by journalist Bryony... Continue reading at The Bookseller

[ The Bookseller | 2013-04-04 00:00:00 UTC ]
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Random House Updates BookScout: FB Friendly and Ready to Go

Random House has recently updated its BookScout app that allow it to sync up with Facebook’s improved timeline and About page. Can it capitalize on Goodreads/Amazon discontent? Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-04-04 00:00:00 UTC ]
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Online and in print, magazine launches tumble

Only 23 magazines launched in the first quarter of 2013, compared with 44 in the same period a year ago, but the number of titles that shut down between Jan. 1 and the end of March also dropped, according to figures released Monday by online database MediaFinder.com.The new titles include Condé... Continue reading at Crains New York

[ Crains New York | 2013-04-02 00:00:00 UTC ]
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At the Intersection of Hyper-Local Digital and Regional Magazine Publishers

Imagine having more than 20 competitors spring up into your market over the course of the last two years. Now picture these competitors being backed by one of the largest digital media institutions on the continent. Welcome to the new city and regional magazine market. Continue reading at Folio Magazine

[ Folio Magazine | 2013-04-01 00:00:00 UTC ]
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