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January 14, 2008

The rise and fall of Emap

By Press Gazette

2007

Strategic review announced, then bids invited for the company. H Bauer buys radio and consumer division. Apax and GMG win B2B bid.
Sale of Australian division, part of its music TV business and its Irish radio stations.
Tom Moloney resigns as group chief executive. Alun Cathcart, non-executive chairman, steps in as interim executive chairman

2006

Emap sells Emap France for £380m
Alun Cathcart takes over from Adam Broadbent as chairman
Emap closes Smash Hits magazine, after a 28 year run

2005

Emap acquires the web-based subscription fashion information business WGSN for £140m
Emap acquires SRH Plc, at the same time selling SRH’s newspaper portfolio to Johnston Press for £155m
Emap launches Grazia, Britain’s first weekly glossy, in February

2004

Pays £92m for SMG’s 28 per cent stake in Scottish Radio Holdings
Launch of lad’s weekly ZOO
The Face, J17, Internet Magazine and Here’s Health all close

2003

Emap issues first ever corporate bond and raises £250m
Tom Moloney becomes chief executive, replacing Robin Miller

2002

Heat reaches 500,000 weekly sales mark
Closer launched
Hachette partnership dissolved, Emap loses its share of Red, Elle Deco and Elle

2001

Sells US operations – apart from FHM – to Primedia for £366m
TV channels for brands including Kerrang! launched.

2000

Emap’s German B2B operations sold

1999

Style titles The Face and Arena are bought from Wagadon

1998

Emap makes £1 billion acquisition of Petersen Publishing in the US

1997

Red launch seen as creation of ‘middle youth’women’s market.
Bought Macmillan’s healthcare company

1996

Television business launched with purchase of TV channel The Box
Emap sells newspaper & print division to Johnston Press for £200m

1995

B2B operations expand with the acquisition of Maclean Hunter

1994

Emap buys small title For Him Magazine, converted into FHM

1992

Emap increases B2B portflio, including Heating & Ventilating News

1991

Emap buys Radio City, followed a few years later by TWC and the Metro Group

1990

Emap acquires London dance radio station KISS FM
Emap gets into French market in a deal with Bayard Presse

1988

Emap takes more control of magazine distribution by forming a partnership to create Frontline

1984

Emap forms an exhibition arm & business division with the acquisition of recycling & plastics information products

1978

Smash Hits launched – Emap’s first big consumer title
Consumer Magazines division created

1956

Motor Cycle News acquired for £100

1953

Angling Times launched – Emap’s first consumer title

1947

East Midland Allied Press formed as regional newspaper group

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