Print media executives divide neatly into those who believe that once-pervasive brands can be the engines for powerful ‘new media’ and those who think their demise has been exaggerated and that magazines and newspapers don’t need to change too much. In the week when Group M reported that UK advertising spend has grown 8% this…
Tarsus buys UK + US events
Tarsus, the UK-based exhibitions company acquired by Charterhouse private equity earlier this year, has bought UK company Smarter Shows and US organiser BizBash. Smarter Shows was established in 2010 and has exhibitions in aerospace, automotive and materials, in Germany and North America. Its brands include Space Tech Expo, FOAM Expo and Ceramics Expo. The acquisition…
Enlighten buys Cannabis TV
Enlighten, a California based company operating in the cannabis tech space, has acquired the assets of Cannabis Club TV, reportedly the first TV company of its kind. Cannabis Club TV has a large content library that is broadcast to consumers online, via app and in cannabis dispensaries. Following the acquisition, Enlighten can now broadcast ads-supported content…
La Stampa to be sold
John Elkann, from the Agnelli family, is in talks to buy the Italian newspaper publisher GEDI Gruppo, owner of La Repubblica and La Stampa. GEDI shares were suspended from trading on the news that Elkann is seeking to purchase a controlling stake from the De Benedetti family through Exor NV, his family holding company. Exor
Reed Expo buys out India JV
Reed Exhibitions has taken full control of the three events in India it previously owned through a JV with Inter Ads-Brooks, part of its £200m acquisition of Mack Brooks, of the UK. The events are Blech India, Fastener Fair and ExpoRail. The £1.2bn-revenue Reed operates over 500 events in 30 countries and is the world’s…
Questex buys hospitality shows
Massachusetts-based Questex buying the assets of Live Experience which include Live Design, Club Industry and World Tea Expo. The company says that the deal fits with its strategy of focussing on “the experience economy” and the brands will fit within the company’s existing hospitality portfolio, which includes: Nightclub & Bar and SIBEC Sports & Health…
Roar buys recycling show
Roar Techmedia, organiser of trade shows in the UK, has acquired several events from Prysm Media Group in three verticals: environment (Recycling and Waste Management), marketing (B2B Marketing Expo) and healthcare tech (Naidex). Terms of the deal, which is being funded by Apiary Capital, have not been disclosed.
Who will win UK news sell-off?
Many of the UK’s newspapers are up for grabs. This week, Reach Plc (formerly Trinity Mirror), the listed owner of 30 dailies, including the Mirror, Express, Star and more than 100 regional papers, announced it would not, after all, be bidding for the bankrupt JPI Media (formerly Johnston Press). It is four months since the…
Euromoney buys Wealth-X
Euromoney Institutional Investor plc, of the UK, has acquired Wealth-X for a cash consideration of $20m. The bolt-on acquisition complements BoardEx, the executive profiling business (for search firms) that it bought in February. Wealth-X is a provider of data on high net worth individuals with clients ranging across banks, wealth managers and suppliers of luxury…
Players’ Tribune sold
The Players’ Tribune, the loss-making sports media company which features first-person content from athletes, has been acquired by Minute Media, “a global digital sports media company, powered by socially driven content created by the fans for the fans”. Players Tribune, which provides “a home for athletes to share unfiltered, honest and unique perspectives to fans”, was…
