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United Business Media prepares for £2bn spending spree

Former ITV company United Business Media is preparing to spend up to 2bn on a number of business...LONDON (Brand Republic) - Former ITV company United Business Media is preparing to spend up to 2bn on a number of business-to-business acquisitions, which could see it increase its market research ... , the company plans to build its news distribution and professional media businesses. The company denied ...

Walt Disney and Wenner form joint venture

Walt Disney has signed an agreement with Rolling Stone publisher Wenner Media to create a new...LONDON (Brand Republic) - Walt Disney has signed an agreement with Rolling Stone publisher Wenner Media to create a new publishing company that will see the media giant take a 50% stake in popular culture magazine US Weekly. The new company, US Weekly LLC, gives the magazine access to content from ...

EM.TV kicks up a storm over plans for F1

Debt-ridden German media group EM.TV is today expected to increase its stake in the Formula 1...LONDON (Brand Republic) - Debt-ridden German media group EM.TV is today expected to increase its stake in the Formula 1 rights-holding company SLEC to a majority holding, despite growing opposition ... Benz and BMW, protested when it was revealed that German media giant Kirch’s rescue of EM.TV would see ...

News Corp’s DirecTV deal stalls

to include Microsoft and Liberty Media. News Corp is expected hold a stake of 34% in the new company and have day-to-day operating control. The amount the media giant has offered GM has not been disclosed. Speaking at the Front Row media conference in New York yesterday, News Corp chairman Rupert Murdoch said ...

SMG increases SRH stake

SMG raised its stake in Scottish Radio Holdings by 1.9% yesterday, increasing its stake to 24.9% and taking it over the cross-media ownership threshold as the rules currently stand. The move increases the chance that SMG will take over SRH when media ownership laws are liberalised as a result ...

Havas considers name change

LONDON (Brand Republic) - French advertising group Havas Advertising is considering a change of name, according to French newspaper Les Echos. Havas licenses the name from media group Vivendi Universal and has, in the past, considered buying the full rights to the name. However, according ...

Interpublic delivers solid growth in fourth quarter

performance in the fourth quarter, despite difficult comparisons at Lowe Lintas and Initiative Media. Our ...

UBM reduces losses

United Business Media has reported reduced full-year losses for the 12 months in which it sold its...LONDON (Brand Republic) - United Business Media has reported reduced full-year losses for the 12 ... with 61.1m in 1999, as a result of the sale and increased advertising revenues. UBM’s professional media division, which includes its CMP Media high-tech business-to-business media offering, saw operating profits ...

Toshiba considers stake in AOL Time Warner

to strike a technology agreement with the media and internet behemoth....LONDON (Brand Republic) - Japanese electronics group Toshiba is considering taking a stake in AOL Time Warner in an effort to strike a technology agreement with the media and internet behemoth. Toshiba is said to be in talks with AOL Time Warner about the possibility of distributing the US giant ...

Carlton cuts 28 jobs at HTV

of ITV franchise HTV, which it acquired from Granada Media last year, into its existing business....LONDON (Brand Republic) - ITV company Carlton has announced that it is to cut around 28 jobs as it begins the integration of ITV franchise HTV, which it acquired from Granada Media last year, into its existing business. The jobs are likely to go from HTV’s promotion, planning and presentation departments ...

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