The Global Media Weekly
Murdoch SPAC for Asia
James Murdoch and business partner Uday Shankar are launching their Seven Island Inc special purpose acquisition company (SPAC) in an IPO and hope to raise $345m in funding. The company…
13 May 2021
1 minute read
TikTok into jobs classifieds
TikTok is entering the recruitment space with a trial service helping brands which use the platform to find employees. The service is found via a portal from TikTok, not embedded within the…
13 May 2021
1 minute read
AdvanceLaw sold
Miratech, a legal software supplier based in Texas, has bought AdvanceLaw, a benchmarking and data sharing service for corporate lawyers. AdvanceLaw relies on 300 company general counsels…
13 May 2021
1 minute read
Cisco buys events platform
The tech company Cisco, headquartered in California, is to buy Socio which facilitates events online or in-person. Socio was founded in 2016 in the US, supplemented by an office in Turkey, as…
13 May 2021
1 minute read
SPH goes non-profit
Singapore Press Holdings (SPH) – publisher of the Straits Times and Chinese language Lianhe Zaobao – is to move its media assets into a new non-profit vehicle, SPH Media. The…
13 May 2021
1 minute read
Korea story deals
Kakao Entertainment Corp, a Korean music, content and talent company with a division offering web cartoons and novels, has made two acquisitions: the mobile storytelling provider Tapas,…
13 May 2021
1 minute read
WebMD buys UK content
WebMD Health Corp, itself owned by Internet Brands, has bought the UK healthcare information provider MGP. The company predominantly serves UK healthcare professionals within the National…
13 May 2021
1 minute read
How M&A will revive trade shows
The international exhibitions market is slowly coming back to life after the 2020 standstill. Its been a huge shock for a global industry which had seemed to escape the digital disruption that…
7 May 2021
9 minute read
Food52 goes all the way
Food52, of the US – one of the best examples of content and commerce being inextricably linked – announced this week it had acquired Dansk, a housewares brand, from Lenox Corporation.…
7 May 2021
5 minute read
Meredith sells TV. What’s next?
Meredith Corp, the largest magazines group in the US, is selling its 17 regional TV stations to Gray Television for $2.7bn which will wipe out the debt taken on to fund the acquisition of Time…
6 May 2021
3 minute read
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