Everybody loves live events. Newspapers and magazines look for rare rays of sunshine in performances and so-called experiential activity. They’re re-connecting with readers and searching for new profits. Trade shows have never been so hot: a decade of GDP-beating global growth rates has been followed by predictions of at least 5% CAGR throughout 2019-22. Exhibition…
Is Bustle the digital future of magazine media?
Bustle Digital Group (BDG), of the US, has acquired Nylon. The 20-year-old fashion, beauty, music and culture magazine with “an inclusive and strong feminist voice” has been digital-only for the past two years. It’s long been an innovative cult brand. Back in 2010, when the print magazine claimed more than 1m Facebook fans, readers were…
What Lebedev has done for UK media
It is 10 years since London’s only evening newspaper was acquired by the Lebedev family whose fortune had reportedly come from energy, banking and aviation interests in Russia. You could sense the relief of the Daily Mail Group which had sustained Evening Standard losses for the previous eight years and could not believe its luck in selling…
‘Her Campus’ goes global
It is exactly 10 years since Harvard University students Stephanie Lewis, Windsor Western and Annie Wang hatched the idea of an online magazine targeting college women like themselves. They had been working together on the college fashion magazine and decided to change it into a digital service with fresh weekly and daily content, primarily for women….
Clarion buys Media 10 Chinese shows
The Blackstone-owned Clarion Events has acquired the Design Shanghai and Design China Beijing exhibitions from Media 10, of the UK. Design Shanghai was launched just five years ago, followed by the Beijing event in 2018. While terms have not been disclosed, it is believed that Clarion has paid £34m for the events which are making…
AgriBriefing gets back to work
The UK-based food and farming media business AgriBriefing had hoped to complete an audacious three-way “merger” with Informa Agribusiness Intelligence (which was instead exchanged with IHS Markit) and Kynetec agri research – at the same time as switching its private equity backing. It has (for now) succeeded only in changing its funding partner. The company…
Hearst UK set for change
The 132-year-old Hearst Corporation is arguably the world’s oldest multi-media group as a 19th century newspaper publisher which invested in magazines and movies before Rupert Murdoch was born. It also has a fair claim to be the best. Not because it has consistently been the most successful in any or all of its chosen media…
Can Time Out make it?
Exactly three years ago, Time Out magazine promoted its £145m IPO by telling would-be investors that the UK’s star fund manager Neil Woodford would be buying shares. It was a prize endorsement from the celebrated stock-picker whose £32m investment ultimately accounted for 35% of the £90m raised by the IPO. But the price was at…
Euromoney prepares for pricing deals
It is 50 years since the ground-breaking Euromoney magazine was launched by the UK’s Daily Mail Group whose finance editor Patrick Sergeant had predicted the expansion of international banking as a result of the UK’s relaxed foreign exchange regulations. Euromoney championed the boom and became the leading magazine of the financial wholesale markets. The £6,200…
Meredith completes mags sell-off. Just
Meredith Corp, of the US, has sold the intellectual property of Sports Illustrated to Authentic Brands for $110m, lower than the $150-200m it had reportedly been looking for after seeking a buyer for almost a year since it was acquired as part of Time Inc. Authentic Brand (AB)s is a brand licensing company. In a…
