trending Market Intelligence /marketintelligence/en/news-insights/trending/teRQrWnJx5daZrx_fWyQ8A2 content esgSubNav
In This List

Report: Germany's Hubert Burda buying Radio Times publisher


ESG & Technology: Impacts and Implications


A Telecom Company Relies on Deep Data to Chart its Future Strategy


Next in Tech | Episode 35: Multifactor authentication needs and hesitations


Episode 36: Guy Kawasaki on Innovation

Report: Germany's Hubert Burda buying Radio Times publisher

German media group Hubert Burda is about to buy Immediate Media, which publishes U.K. TV listings magazine Radio Times for £260 million, Sky News reported Dec. 19, citing media industry sources.

Burda will reportedly operate Immediate as a stand-alone business rather than integrate it with its U.K. operations. Exponent Private Equity formed Immediate in 2011, which combines publishers Magicalia, Origin, and the British Broadcasting Corp.'s BBC Magazines. Other Immediate titles include Top Gear, CBeebies and Top of the Pops.

Time Inc. was also reportedly eyeing a possible takeover of Immediate.