The Global Media Business Weekly

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Johnston Press in debt for equity rescue

News. Debt-laden UK regional publisher Johnston Press (JP) is under new ownership after its bondholders agreed to wipe out…
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Progressive Business acquired by BridgeTower

B2B information. North Carolina based Progressive Business Media is being acquired by Minneapolis based BridgeTower Media. Financial terms were not…
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Vivendi agrees terms for Editis takeover

Books. French group Vivendi has agreed to buy Editis, France’s second largest book publisher, from Grupo Planeta of Spain…
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Mercer acquires Summit Strategies

B2B information. Mercer, a wholly-owned subsidiary of Marsh & McLennan insurance Companies, has acquired Summit Strategies Group for an undisclosed…
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Gemspring buys Bobit Business Media

B2B information. Gemspring Capital, has acquired the assets of Bobit Business Media Inc. Founded by Ed Bobit in 1961,…
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Sanoma sells Belgium content marketing

Content marketing. Sanoma has divested its content marketing operations to the original founders of the business. Net sales were…
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WPP to sell 80% of Kantar research

Advertising. As part of its turnround plan, WPP has said it is looking to sell a stake of up…
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Meredith sells Fortune – for $150m

Magazines. Meredith Corp has agreed to sell Fortune magazine to Chatchaval Jiaravanon, of Thailand, for $150m. The cash price for…
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Disney to Sell A+E Europe to Hearst

Broadcast-streaming. Disney is in talks with Hearst to sell-off its interest in five European cable channels (History, H2, Crime…