David Kaplan
Mar 2, 2010 9:31 AM
As expected, Dow Jones (NYSE: NWS) has bought the remaining 50 percent stake in personal finance mag SmartMoney from Hearst. The financial terms weren’t disclosed. In addition to the magazine, Dow Jones will own 100 percent of the related website along with the SmartMoney Custom Solutions unit. In a statement,…
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Media & Publishing, Magazines, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Hearst, News Corp., Dow Jones, smartmoney
David Kaplan
Feb 23, 2010 12:16 PM
Dow Jones (NYSE: NWS) wants to buy the 50 percent stake it doesn’t currently have in personal finance mag SmartMoney from Hearst, the WSJ reports, citing unidentified sources. No word on what price DJ is offering for the magazine, though a deal could be hammered out by next week. The…
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Media & Publishing, Magazines, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Hearst, News Corp., Dow Jones, smartmoney
David Kaplan
Mar 1, 2009 10:35 PM
Aside from the poor state of the economy and the media business in general, the downward spiral of display ad spending has pretty much been pinned on too much inventory and relatively little demand to fill it. Last October, the Hearst and Dow Jones-backed personal finance mag SmartMoney started to…
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Advertising, Media & Publishing, Magazines, Companies, Time Warner, Time Inc., smartmoney
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