Announced
Financials
Sources
Tags
Pending
Single Bidder
Friendly
Domestic
United Kingdom
Media Agencies
Private
newspaper group
Joint Venture
media agency
Majority
Synopsis
News UK, a British newspaper publisher, and DMG Media, an intermediate holding company for Associated Newspapers, Northcliffe Media, Harmsworth Printing, Harmsworth Media and other subsidiaries of Daily Mail and General Trust, agreed to form a joint venture. Financial terms were not disclosed. “The news industry has transformed and continues to change rapidly. DMG Media is at the forefront of this transformation and also remains committed to its print titles, its workforce and its readers," Julia Palmer-Poucher, DMG Media Group Production Director.
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