Emap expands internet operation in US and France

– Emap has spent $6.4 million acquiring stakes in web ventures in the US, with the outdoor pursuits website, Alloutdoors.com, and Generation X entertainment site in France, nouvo.com.

– Emap has spent $6.4 million acquiring stakes in web ventures in the US, with the outdoor pursuits website, Alloutdoors.com, and Generation X entertainment site in France, nouvo.com.

Emap has taken an 18 per cent stake in Alloutdoors.com for $5.5 million with an option to acquire a further seven per cent stake within the next six months.

Emap will support the site with its extensive outdoor range of US titles, which include Guns & Ammo, Hunting, Bow Hunting and a number of regional field and sports magazines.

Emap has invested £560,000 in French company, Thematis, for a 13.5 per cent stake. Thematis is developing the nouvo.com entertainment site, which targets 25- to 35-year-olds.



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