The Netherlands

Telegraaf Media offers to buy NRC Handelsblad

The Dutch Telegraaf Media Groep (TMG) extended an offer to buy NRC Handelsblad for €90 million ($120 million U.S.), the Dutch and international media reported. So far, the offer was said to be refused by the NRC’s largest shareholder, investment company Egeria, and TMG is considering offering a higher bid. TMG is planning to finance the acquisition by selling one of its units that deals with...

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Revenue down, sales cost up at Telegraaf Media

p5rn7vb Revenue dropped five percent in the first half of 2014 from the same period in 2013 at Dutch publishing house Telegraaf Media Groep (TMG) to €253.5 million ($339.6 million U.S.) from €268 million ($359 million U.S.), the group said in its semi-annual financial report (here). Advertising revenue of the group’s digital businesses rose seven percent, thanks primarily to the...

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Sanoma’s online revenue continues to grow in Q2

The online and mobile revenue of Sanoma’s Consumer Business segment (including the classified businesses in Finland and the Netherlands, with the online auction platform Huuto and marketplace Oikotie) continued to grow in Q2 FY2014 from the same period last year. The net sales of the online and mobile businesses of Sanoma in Finland amounted to €22.1 million or $29.7 million U.S. – 7.5...

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De Persgroep requests Dutch regulator’s approval to buy Mecom

The Dutch Authority for Consumers and Markets (ACM) was requested by Belgian media group De Persgroep Publishing to approve its acquisition of Mecom Group’s assets in the Netherlands and Denmark, Dutch regulator said Thursday (statement in Dutch available here). ACM will examine whether there will be sufficient competition in case the acquisition was approved, and is expected to make a decision...

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Funda.nl site gearing up for a make-over

The design of a No.1 Dutch property portal Funda is about to see a change in the upcoming fall, according to CEO Marc Duijndam (interview in Dutch available here.) The portal is adjusting to the digital revolution, and its mantra is “to be a partner to real estate agents, provide strong technology and be a leader in innovation,” according to Duijndam. Seventy percent of time is spent on...

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Marktplaats.nl grew trading volume by 25% in 2013

Already the leading player by a long way among Dutch general classified sites, EBay-owned Marktplaats.nl managed to grow its trade volume by 25 percent in 2013, according to an interview published by e-commerce magazine Emerce.nl (article here in Dutch) in April. Since EBay’s acquisition of Marktplaats.nl in 2004, the portal has seen a 20-percent increase on average per year in the number...

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