Mecom shareholders launch fan club for David Montgomery on Facebook. Fed up with all the negative media coverage of former Mirror boss David Montgomery's struggling pan-European media group, Adam Billiald, a small shareholder in Mecom, has set up nothing less than The David Montgomery Appreciation Society (thanks to
Finance
"Life is too short to be a minority shareholder in a company controlled by Erik Must. I don't have the health for it," said Norwegian media proprietor and investor Trygve Hegnar after selling his 30,2 per cent stake in Gyldendal Publishing House to his arch
Acquisitions
Mecom's management is aiming for a resolution for Edda Media before Christmas or New Year, according to employee representatives who spoke with Mecom-boss David Montgomery in Amsterdam today. "We have received an update: it did not contribute to clarify the situation. Various alternatives are being explored further
Acquisitions
All quiet from the Mecom camp, should there not be an RNS due today to clarify the situation?? The sentiment is taken from this share discussion for Mecom Grp (MEC.L) where commenters, presumbaly shareholders, are getting desperate for an update from Mecom on what's happening. So '
Acquisitions
It is believed Mecom, the pan-European newspaper company led by former Mirror-boss David Montgomery, will conclude the drawn out bidding process for its Norwegian arm, Edda Media, in a board meeting today. Rumours that moves were afoot to try to bring Edda Media, the Norwegian arm of Orkla Media, acquired
BusinessModel
"You missed your chance to buy me.Maybe getting a whole B2B publishing company thrown in was offputting? :)," Reed Business Information (RBI) blogging supremo Adam Tinworth commenting the news on his blog. Do also check Rafat Ali's piece on the Reed Business Auction process and the
Catching up with some of the many unread posts in my newsreader yesterday (busy days), I found this interesting Bloomberg-interview with ContentNext founder and publisher Rafat Ali, well worth listening to. Paidcontent sums it up neatly as as Ali "giving a frank forecast of the climate for media and
Blogging
I stumbled across two great SlideShare presentations that really gave me something to think about today - in the best possible way as they are both quite uplifting takes on the times we are living in (the first via Fred Wilson, the second from Neil Perkin). Despite the disparate titles,