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One of the big talking points at today’s MediaTel Group seminar on ‘The Future Of Radio’ was whether there will be a continued consolidation of the commercial sector, with one of the panelists saying that it remains to be seen if H Bauer’s recent acquisition of Emap’s radio division could have “put a spoke in… Continue reading Continued Consolidation For Commercial Radio?

Emap was once again the big story last week, as it sold its magazine and radio divisions to German publishing group H Bauer.At the start of the week it was reported that private equity firm Apax was the favourite to land the group’s business-to-business arm (Full Story).However, by Friday we found that this was not… Continue reading Media In The City: Emap Sells Magazine And Radio Arms To H Bauer

Aegis has added to its presence in South Africa, acquiring independent media agency Full Circle Media, based in Cape Town. Full Circle Media was established in 2000, and has a portfolio of domestic and international client brands including Really Great Brand Company, Goodyear, Media24, Safmarine and PG Glass. The acquisition of Full Circle Media follows… Continue reading Aegis Acquires Full Circle Media

H Bauer has agreed to buy Emap’s magazine and radio businesses for £1.14 billion. Both sales are dependent on shareholder approval, while the sale of the radio business is also conditional on completion of the sale of Emap’s Irish radio business or, if there is not a sale, the transfer of Emap’s Irish Radio business… Continue reading H Bauer Buys Emap Magazine And Radio Divisions

German publishing group H Bauer has agreed to buy Emap’s magazine and radio divisions for £1.14 billion.In a statement released this morning Emap added that it will not be selling its business-to-business division, which covers trade magazines and exhibitions.Commentators had thought that the group’s business-to-business division was Emap’s most attractive asset and some had estimated… Continue reading H Bauer Buys Emap’s Magazine And Radio Divisions

Duncan Edwards, chief executive of the National Magazine Company, has confirmed that the company has pulled out of the bidding for Emap’s consumer magazine division. Edwards emailed staff earlier today to say that he would not be buying the business, according to a report on MediaGuardian.co.uk. The report quotes the email as saying: “As I… Continue reading NatMags Pulls Out Of Emap Bidding

ITV has acquired independent producer 12 Yard for an initial cash consideration of £26 million. A further payment of up to £9 million may be made in 2011, part of which is contingent on profit performance over a three-year period. 12 Yard, a joint venture between Hat-Trick Productions Limited and the management team of David… Continue reading ITV Acquires Production Company 12 Yard

Bertelsmann, owner of book publisher Random House, has approached its subsidiary RTL about buying the remaining 10% of shares it does not own. Bertelsmann has been gradually increasing its stake in RTL, owner of Five and one of the largest producers of TV outside of the US through its subsidiary Fremantle Media. In a statement,… Continue reading Bertelsmann Makes Approach For Remaining RTL Shares

The private equity firm Apax is understood to be favourite to buy Emap’s business-to-business publishing business as bidding moves to the second round. Guardian Media Group is involved with the Apax bid, with the second round also seeing bids from private equity houses Cinven and Candover, joint owners of German publishing group Springer. According to… Continue reading Apax Now Emap Favourite

The UK online retail sector attracted 29 million unique visitors in October 2007, which amounts to 89% of the country’s total online user base in that month, according to the latest figures from comScore. The most popular online property was eBay, which attracted 22.2 million unique visitors or 68% of the UK’s total internet audience.… Continue reading UK Online Retail Sector Attracts 29 Million Unique Users In October