Hearst makes ú700m offer for Emap

Share this content:

Reports aboundedáMonday that Hearst Corporation hasámade a ú700 million bid for Emap's consumer magazine division.

Hearst would not provide comment for this story.

Adding Emap titles û which include Heat, Grazia, Closer and FHM û to Hearst's UK National Magazine Co. would make Hearst the biggest consumer magazine publisher in the country. Hearst's UK arm is called UK's National Magazine Company, or NatMag.

Last month, Emap issued information memorandums on each of its three business arms û consumer magazines, radio and business-to-business. So far, Apax Partners has emerged as the strongest bidder for Emap's business-to-business titles.

New York-based Hearst already has an international presence with titles like Cosmopolitan, which is licensed in more than 50 world markets. Hearst Magazines International drives more than a third of Hearst's magazine division profits now. Five years ago the international magazines accounted for less than 12% of Hearst magazine division profits.

Hearst Magazines publishes 19 US titles and 20 in the UK. Titles include Cosmopolitan, Esquire and Good Housekeeping.

Loading links....

Sign up to our newsletters

Company of the Week

Since 1985, Melissa Data has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa Data offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here