Nielsen announced this week that they have combined their AdweekMedia and entertainment groups as part of an ongoing strategy to “better integrate and align business”. Foliomag.com (Jan. 27, 2009)
A look into the future, who will survive? who will fail? what else will emerge? Foliomag.com (Dec. 18, 2008)
Entrepreneur Media went on the sales block this spring for an asking price of $200 million. While it seemed as though Austin Ventures was very close to making an offer for that price, the deal is now dead. Entrepreneur CEO Peter Shea had this to say in a memo: “There are several reasons for [...]
Three major magazine publishers—Martha Stewart Living Omnimedia, McGraw-Hill and United Business Media released their first half financial reports yesterday with mixed results. MSLO reported $144.9 million in revenue for the first half of 2008, up from $140.5 million during the same period in 2007. McGraw-Hill reported $2.89 billion in revenue over the first half of 2008, [...]
The Los Angeles Times Media Group has named Annie Gilbar the editor-in-chief of their new weekly Sunday magazine, LA. The first issue of the magazine will be published Sept. 7 and focus on fall fashion. Gilbar previously worked at InStyle and Live! Magazine. CNN (July 28, 2008)
DMG World Media has sold its portfolio of 38 North American consumer home shows to Marketplace Events LLC for $53 million. DMG CEO Michael Franks said the home shows “were a significant reason for DMG World Media’s entry into the North American market in the first place, and we have enjoyed building the business to [...]
Cygnus Business Media has filed a lawsuit against Impact Business Media. Cygnus claims that Impact allegedly broke confidentiality and non-solicitation agreements by disclosing Cygnus “trade secrets” by taking list information from the AMT Society. The founder of Impact Business Media, Greg Napert, was a former employee of Cygnus Business Media. Folio (July 17, 2008)
F+W Publications has changed its name to F+W Media as a way to better reflect their growing portfolio of digital products. CEO David Nussbaum, says, “The word ‘publications’ no longer adequately describes who we are as a company (and) substituting the word ‘media’ better reflects F+W’s mission to deliver content across all platforms—including print and [...]
Guardian News & Media has bought ContentNext, the parent company of the digital business website PaidContent, as part of its US expansion. ContentNext was founded in April 2002 and has since expanded to 23 staff and taken investment from the venture capital firm Greycroft Partners. The founder of ContextNext, Rafat Ali, said, “The Guardian’s international [...]
The Magazine Publishers of America made $16.7 million in revenue in 2006, with CEO Nina Link making $740,713 of it. American Business Media reportedly made $6.0 million that year, with CEO Gordon Hughes receiving $400,511 in total compensation. Folio (July 10, 2008)