Oodle was one of the largest digital classified ad operators. Now it has fallen in to multiple hands after Adzuna snaps up UK assets of the firm recently sold to QVC.
German publisher Axel Springer is buying heavily in to European classified sites to court digital and international growth. Snapping up Belgian property service Immoweb, it says the move will make up for a weakening print ad sector.
Central Europe’s Piano Media has tried to build nationwide shared “paywalls” for dozens of news sites. Now it is acquiring a technology startup to offer news meters that can’t be defeated by deleting cookies.
From the death spiral of ad downturn, digital audience migration and a thousand cuts, one man emerges to try some long-expected consolidation in the local news market. But can the proposed Local World company get going?
Last week’s report is now confirmed, after Pearson and Bertelsmann took the weekend to hammer out a merger of their book publishers. But what is the rationale behind the big deal?
Magazine publisher Burda wants to take complete ownership of LinkedIn rival Xing, while rival Axel Springer is selling a games site to focus on its growing online content and classifieds business.
Consolidation is continuing apace in digital marketing, as one of advertising’s big four agencies lines up to buy one of the last remaining large specialist digital ad outfits.
“Freeview is shaking off the limitations of its spectrum,” is the declaration of a company that has been acquired by the UK’s big television infrastructure firm to inject internet content in to terrestrial broadcasts.
Bosses of fast-growing online sports broadcaster Perform Group earned millions last week when they cashed out some shares. But their company remains focused on building up by bolting on global sports sites.
Facing off against Sainsbury’s with a string of digital content vendor acquisitions, Tesco is now buying e-book store maker Mobcast for £4.5 million to translate its success in the aisles to the net.