The Global Media Weekly
Bertlesmann buys in Brazil
Bertelsmann, of Germany (owner of PenguinRandomHouse) is taking a 25% equity stake (and 46% of the voting rights) in Brazil medical education provider Afya for a €500m consideration. It is…
10 June 2021
1 minute read
How Informa can make it work
Informa is the former newsletter publisher which was transformed by audacious M&A into an international information and events group. Some of the deals were inspired, like the 1990s…
4 June 2021
6 minute read
Why Bauer is all about audio
Bauer Media, of Germany, this week consolidated its place as Europe's largest commercial radio group by completing the €100m acquisition of Ireland's Communicorp. The price is some 2.5 x 2019…
4 June 2021
4 minute read
How baby boomers went B2B
John Yedinak's Chicago-based B2B media company is pushing towards $10m revenue, has 30 people and has been profitable for every year of its first decade. Welcome to the Aging Media Network…
4 June 2021
2 minute read
Readly grows by 37%
Readly, the Sweden-based digital subscription service, that offers unlimited “all you can read” access to more than 5,000 magazines and newspapers, increased its full-paying…
3 June 2021
2 minute read
Etsy buys Depop for $1.6bn
Etsy, the US-owned artisan marketplace, is to buy the London-based used clothes market Depop for $1.6bn cash. The deal reflects the increasing interest in sustainable clothing as well as…
3 June 2021
1 minute read
Hyve trade show funding talks
UK based, listed events company Hyve Group Plc is discussing with private equity company Carlyle a cash injection of £250m, although shareholder approval may be tricky after the company raised…
3 June 2021
1 minute read
Paxton buys Landmark papers
Kentucky, US-based Paxton Media Group, owner of local news and TV brands, has acquired Landmark Community Newspapers. Landmark was established in 1966 and has a stable of 47 daily and weekly…
3 June 2021
1 minute read
Urban home service funding
Urban Company, an India-based marketplace for services to home occupiers, has raised $190m in its recent funding round giving a business valuation of $2bn, double its 2019 value. Prosus led…
3 June 2021
1 minute read
Sanoma buys events
Sanoma, the Finnish quoted media and learning company, has bought the remaining 40% of the equity of Nelonen Media, a Finland-based event company in which it has held 60% since 2018, from…
3 June 2021
1 minute read
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