Media Bulletin

UBM sells UK entertainment and technology business titles

By Staff

27th June 2011

Category: Trade

UBM is to sell its UK entertainment and technology product portfolio to Intent Media subject to the conclusion of a TUPE consultation process.

The portfolio will be sold for £2.4 million and includes titles Pro Sound News Europe, TVB Europe, Installation Europe and Music Week print magazine as well as related websites and events. The titles are being sold by UBM on behalf of its UBM Connect division.

The new titles will bolster Intent’s existing product set for the UK entertainment and technology markets.

“This is a significant move for Intent, essentially doubling the size of the company” said Intent Media managing director Stuart Dinsey. Intent Media will open an additional office in Islington Green, London, this summer as a result.

The transaction is expected to be completed in the next six weeks and will see up to 36 staff move from UBM to Intent Media.

[lnk||_self|Intent Media]

Links for media database subscribers

Not a media database subscriber?

No links attached.

Related news

26th May 2017 Trade

Plastics News Europe welcome new Editor

23rd May 2017 Trade

Pui-Guan Man is a good fit for maternity leave cover at Drapers

22nd May 2017 Trade

Jon Astbury moves to Architects' Journal

New! Check out our Media Jobs board for PR and Journalism vacancies Learn more