The Global Media Business Weekly
Lupa India buys into Viacom18
Lupa India, an investment vehicle established by James Murdoch and Uday Shankar, is on the verge of acquiring a 39% stake in the India-based TV company Viacom 18 which is owned by a CBS /…
Tortoise raises £10m
The UK-based Tortoise Media “slow news” startup has attracted £10m of funding in its series A round. Lansdowne Partners becomes a leading shareholder alongside Woodbridge. The news…
WBEZ Chicago buys Sun-Times
The non-profit Chicago Public Media, owner of local radio station WBEZ Chicago, is to acquire the co-located tabloid Chicago Sun-Times. The two platforms will remain separate but will have a…
Zoomer buys Toronto blog
Canadian media company Zoomer Media has bought Fresh Daily, publisher of the Toronto news blog blog TO. Zoomer was established in 2008 to focus on the 45+ demographic across Canada through…
Literati buys Follett Book Fairs
Literati, the Texas-based online book club and book subscription company, has acquired Follett Book Fairs which serve the primary schools market across the US. Follett Book Fairs started in…
Texas locals deal
121 Media, LLC has acquired 14 weekly newspaper brands (with a total audience of 750k – about one-third in print) in the Dallas, Texas suburbs from Star Media Local (owned by S.A.W.…
Who will buy Screen International?
It is seven years since the UK-based information and events group now known as Ascential Plc sold-off some of its best known magazine-centric B2B brands in order to concentrate (mostly) on the…
How I do it: Mark Allen
Mark Allen is founder-owner of the UK-based Mark Allen Group (MAG). The 37-year-old, £60m-revenue publishing and events company has made almost 30 acquisitions during the past 20 years at a…
Bauer quits US after 40 years
Forty years after it first launched magazines in New York, Bauer Media Group, of Germany, is exiting the US market. It is selling a business which in 2020 had revenue of $80m (15% down on the…
Arena buys Parade mag
Digital publisher Arena Group (formerly known as Maven), US owner of Sports Illustrated and The Street, is acquiring Athlon Media Group (AMG), publisher of Parade, the Sunday newspaper…
Subscribe now
Flashes & Flames is The Global Media Business Weekly providing exclusive analysis and insights for executives and entrepreneurs, including:
- Subscriber-only Premium Content
- M&A reports and what’s next
- “How I do it” interviews with industry leaders
- 10-year archive of media companies, people and M&A
