Two of America’s largest newspaper chains, GateHouse and Gannett, have announced a merger. The nearly $1.5 billion deal is designed to save the struggling newspaper business. GateHouse, a media holding company that publishes newspapers in 39 states, and Gannett, a…
Pearson says goodbye to news by selling a stake in the Economist magazine
British publishing and education company Pearson has sold its stake in the 172-year-old magazine The Economist.
Four German media companies unite to fight Facebook and Google’s dominance of the advertising market
Germany’s largest media companies have teamed up to fight the dominance of technology platforms in the market Media Impact, the joint sales house of Axel Springer and Funke Mediengruppe, has formed an advertising alliance with the sales teams of publishing…
EU agrees to create publishing monster
EU antitrust regulators have approved a merger of two publishers, Penguin and Random House, the BBC reports. The resulting publisher, Penguin Random House, will be the largest in the world. The European Commission concluded that the merged company will not…