Hearst drops out of Emap consumer magazines race
06 Dec 2007 | by Daniel Farey-Jones
LONDON - Hearst has pulled out of the bidding for Emap's consumer magazine division, which includes gossip magazine Heat and women's glossy Grazia.
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LONDON - Emap has agreed to sell its consumer magazines and radio divisions to German publisher H Bauer for £1.14bn, but will hang on to its B2B division.
LONDON - Hearst has pulled out of the bidding for Emap's consumer magazine division, which includes gossip magazine Heat and women's glossy Grazia.
LONDON - H Bauer, publisher of Take A Break and TV Choice, is considering making a bid for Emap's consumer magazine and radio divisions, according to a report.
LONDON - Emap Consumer Media has hired CDS Global to create a single marketing database across its 70-strong magazine portfolio.
LONDON - Hearst Corporation has made a £700m indicative offer for Emap's consumer magazine division, which, if successful, would create the UK's largest magazine company.
BBC Magazines is launching a fortnightly magazine entitled Robin Hood Adventures on 10 October. The magazine, priced £1.99, is aimed at six- to 11-year-olds.
LONDON - UK consumers are spending around £2bn a year buying magazines, an increase of 72% from 10 years ago, according to a Periodical Publishers Association survey.
Emap has sold its consumer magazine business in Australia to ACP Magazines for £38 million. Emap will continue to receive licensing revenues from titles including Zoo, FHM and Empire.
LONDON - The commercial radio industry is set for a revival in advertising spend in 2008 but magazines will lose out this year, according to revised figures from ZenithOptimedia.
SYDNEY - Emap has sold off its Australian consumer magazine business, which includes editions of Zoo and FHM, to ACP Magazines for £38m as it accelerates plans for a break-up of the business.
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