Division Sale News in the Advertising And Media sector

A consortium of Scottish businessmen is attempting to purchase The Scotsman newspaper from struggling owner Johnston Press. [more]

The Observer newspaper, which could face being shut down as part of a strategic review for parent company Guardian Media Group, is beginning to attract unsolicited bids from third parties. [more]

ITV is considering the sale of its little-known business that rents TV channel slots on Freeview, in an effort to raise funds to fight off a sharp decline in advertising revenues and growing debt. [more]

Sir Anthony O'Reilly, the owner of Independent News & Media (IN&M), may have to sell the London-based Independent newspaper in London in order to p [more]

Reed Elsevier has reduced the asking price of its Business Information division from £1.25bn to £1bn in order to ensure the completion of [more]

Entertainment Rights, the company behind Basil Brush and Postman Pat, is considering the sale of its American children's character assets, Big Idea, as it looks to reduce £107 million wort [more]

News International has decided to put its 'Fortress Wapping' headquarters site in London on the market, before a decision on the new home for its newspap [more]

UK-listed broadcaster, ITV has hired Grant Thornton to manage the sale of its Carlton Screen Advertising subsidiary, according to reports. [more]

Trinity Mirror plc has announced the sale of its Sports Division and the decision to retain its assets in the Midlands and remaining assets in the South East. This enables the Group to move forward with a more tightly focussed portfolio of multi-platform media assets and to develop its technology-led operating model for the Group as a whole. [more]

European private equity house Candover has put global electronic publisher Bureau van Dijk up for sale, in a move which could see the company fetch £500m- &p [more]

UK media group Emap Plc has announced that it is considering selling its Ireland-based radio stations, TodayFM, FM104 and Highland Radio, as part of a company-wide review. It has cited tough trading conditions as the reason for a potential sale, and warns that these are expected to continue into the 2007/8 financial year. [more]

Sir Ray Tindle could reportedly put some of his UK local newspaper and radio assets up for sale. Tindle, now aged 81, plans to step back from the busi [more]

The British Broadcasting Corporation is reportedly considering a strategic review of its BBC Resources operation which could lead to a sale. BBC Resou [more]

UK media company Emap is thought to be considering the sale of one of its three divisions according to a market report in the Financial Times. The pa [more]

The sale of Trinity Mirror's Midlands and Southern regional newspaper divisions is reportedly set to begin this week. The divisions were put up f [more]

Guardian Media Group, the UK-listed newspaper group, is reportedly in talks with a three private equity groups over the sale of its Trader Media arm. [more]

EMI, the global music group whose artists include Coldplay and Robbie Williams, could put its recorded music division up for sale to guard against a possible takeover after issuing its second profit warning in four weeks. [more]

Reed Elsevier, the listed anglo-Dutch publisher, announced in its annual results that it would be selling its Education division in order to focus on [more]

World famous cricket enthusiast group Wisden has reportedly put its monthly magazine, the Wisden Cricketer, up for sale along with The Oldie magazine, in order to invest and concentrate on the future growth of its cricket website Crininfo. [more]

London's Heart FM and Galaxy Radio owner Chrysalis has confirmed that it is conducting a strategic review of it's radio unit, which could result in a sale in preference to a demerger. Months of speculation surrounding tension between the company's institutional shareholders, regarding the synergies and value of the two parts of the company, have culminated in the statement made today that "the review will be wide ranging and will assess all options which can deliver maximum value to Chrysalis shareholders, including a potential demerger of the radio an [more]