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Layoffs at Franciscan Media Will Not Affect Books, Publisher Says
2015-02-21 01:08:25| Grocery - Topix.net
Franciscan Media, the Cincinnati-based company that publishes Catholic-interest books under its Servant Books and Franciscan Media imprints, as well as a flagship magazine, St. Anthony Messenger, has laid off 27 employees, about half of its staff. Franciscan Media CEO and publisher Father Dan Kroger told PW most cuts were in back-office positions, plus two in marketing, one audio producer, and nine full- and part-time employees at its call center in Cleveland.
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books
publisher
says
Telecom Italia to buy out TI Media for EUR 25 mln
2015-02-20 08:31:00| Telecompaper Headlines
(Telecompaper) Telecom Italia has announced a full takeover of its media division, Telecom Italia Media, which has been a publicly traded company for over a decade. The buyout of TI Media, already 78 percent owned by the phone company, will cost around EUR 25 million. In a joint statement, the two companies said Telecom Italia will offer 0.66 ordinary shares and 0.47 saving shares for each share of the same category in Telecom Italia Media. Investors in the media division can exercise a withdrawal right and receive cash at market prices. The companies said they expected Telecom Italia Media to be merged into Telecom Italia by the end of the third quarter. Simplification of the group's corporate structure and reduction of expenses were given as the main reasons for the buyout.
SDI Media To Be Acquired By Consortium Led By Imagica Robot Group
2015-02-20 05:15:21| Food - Topix.net
A consortium of Japanese companies has signed a definitive agreement to acquire SDI Media , a global market-leading localization company serving the media and entertainment industry. The consortium acquiring SDI is led by Imagica Robot Holdings Inc. and includes the Cool Japan Fund and Sumitomo Corporation.
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acquired
Telecom Italia to buy out media business
2015-02-20 01:00:00| Total Telecom industry news
Telecom Italia Media posts significantly reduced net loss in 2014.
Tags: business
media
buy
italia
Telecom approves merger with TI Media
2015-02-19 19:51:16| Telecom - Topix.net
Milan, February 19 - The Board of Directors of Telecom Italia said Thursday it had approved a merger with Telecom Italia Media , its subsidiary commercial television network. The deal involves an exchange of ordinary shares at a rate of 0.66 Telecom shares for each TI Media share.
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telecom
merger
approves
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