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Guardian Media Group and Apax land Emap B2B division

LONDON - Emap has agreed to sell its business-to-business division to Guardian Media Group and Apax for around £1.3bn, only days after stating the business was off the auction block.

Trinity Mirror forfeits £108m to reduce pension deficit

LONDON - Trinity Mirror plans to shell out £108m to reduce its pension scheme deficit and to return £175m to shareholders through a share buy-back programme, using proceeds gained from disposals made ...

US regulator relaxes rules on newspaper and TV ownership

NEW YORK - The US media regulator has controversially voted in favour of allowing companies to own newspapers and TV stations in the same city.

News Int's Weston joins Dow Jones to head special projects

LONDON - Ian Weston, corporate development director of News International, has been appointed senior vice-president of special projects at Dow Jones & Company, publisher of The Wall Street Journal.

Reuters sets sights on more partnerships

LONDON – Reuters plans to seal several partnerships with media owners next year to build on the momentum of the launch of a co-branded daily world business report with the International Herald Tribune...

O'Reilly bumps up IN&M stake to 26%

LONDON - Sir Anthony O'Reilly, the chief executive of Independent News & Media, has increased his personal stake in the newspaper publisher to 26%, after buying 1m shares yesterday.

Kidman wins Chanel libel case against Telegraph

LONDON - Nicole Kidman has won a libel lawsuit against The Daily Telegraph for a story it published claiming she prefers to wear a different perfume to the Chanel No.5 fragrance which she gets paid to...

Associated Irish chief joins News International

LONDON - Oliver Keenaghan, general manager of Associated Newspapers in Ireland, is joining rival news group News International to head up its Irish division.

City AM to run review edition with sole advertiser

LONDON - City AM, the free business daily, has secured a deal for fund manager Lyxor Asset Management to be the sole advertiser in its special 'Review of the Year' edition, running next Friday.

Murdoch trumpets Wall Street Journal acquisition

LONDON - Rupert Murdoch's News Corporation has launched an ad campaign across the world's newspapers promoting The Wall Street Journal, owned by Dow Jones & Co, after it finalised the $5.6bn (£2.8bn) ...

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