Newspaper Industry News

Recent industry report about Newspaper Industry company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Newspaper Industry industry experts.

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Newspaper Industry News

  • January 2024: The Big Ten Conference, the United States’ oldest Division I college athletic conference, partnered with the USA TODAY Network to become the Big Ten’s official content partner for a new multi-year agreement between Gannett Co. Inc. and the Big Ten Conference.
  • August 2023: PressReader, the all-you-can-read platform for newspapers and magazines, announced an expansion of its relationship with Gannett Company Inc. This leading subscription-based and digital-first media company offers expanded content.
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  • September 2023: InSinkErator introduced new garbage disposals in the market. The new garbage disposal aims to grind a variety of wastes quickly and provide environmentally friendly solutions for managing food waste.
  • April 2022: Whirlpool Corporation acquired InSinkErator. This acquisition aimed to purchase the company's whole product line of food waste disposers to expand its services to end users.
  • December 2023: Electric mobility firm Wardwizard Innovations and Mobility entered into an agreement with the Sharjah Government co-owned sustainable waste management company BEEAH Group (BG) for the manufacturing of electric vehicles. Under this collaboration, Wardwizard Innovations and Mobility, along with BEEAH Group, will jointly promote electric vehicles in GCC nations and the African region.
  • October 2022: Marafiq, an integrated utility service provider, commenced the construction of a new state-of-the-art sewage treatment plant at Jeddah Airport II. The project has a capacity of 300,000 m3/d for sewage treatment, with the potential for expansion up to 500,000 m3/d.
  • September 2022: Qatar's Public Works Authority, Ashghal, awarded a USD 1.48 billion public-private partnership contract. This contract encompasses the development, design, build, finance, and procurement of a 150,000 cubic meter per day sewage treatment facility. Additionally, the project was granted to a consortium comprising Metito, Al Attiyah Motors and Trading Co., and Gulf Investment Corp.
  • May 2023: Amcor, Delterra, Mars, and P&G concertedly advertise the launch of strategic cooperation to stem the drift of plastic pollution in the Global South. These global leaders will likely work together to gauge upstream and downstream results for an indirect plastics frugality, concertedly committing USD 6 million USD over five times. The advertisement comes in the lead-up to the alternate negotiating commission meeting for a Global Plastics Treaty( INC- 2), working to develop an encyclopedically binding instrument on plastic pollution.
  • May 2023: Circulate Capital, a leading environmental impact investor advancing the circular economy for plastics in high-growth requests, announced today the launch of a new action to combat plastic pollution in Latin America and the Caribbean( LAC). IDB Lab, the invention laboratory of theInter-American Development Bank Group, Builders Vision, the impact platform innovated by Lukas Walton, Chevron Phillips Chemical, Danone, Dow, Mondelēz International, and Unilever have joined forces to pledge an aggregate of USD 65 Million to help gauge results and support best- in- class recycling businesses across the LAC region. The new LAC action will concentrate originally on Brazil, Chile, Colombia, and Mexico and soon expand across the region.
  • October 2022- In line with the conditions stated on June 9, 2022, SUEZ, Royal Bafokeng Holdings (RBH), and African Infrastructure Investment Managers (AIIM) finalized the acquisition of EnviroServ Proprietary Holdings Ltd and its subsidiaries (collectively, "EnviroServ") after receiving permission from the regional antitrust authorities. By this purchase, SUEZ will be able to solidify both its presence in Africa and its position as a global leader in the treatment of municipal and industrial waste.
  • May 2022- Innovative trash solutions are being introduced to developing markets in the Middle East and Africa thanks to a historic new deal between IFC and Averda International, one of the largest privately held integrated waste management firms in those regions. The UAE-based firm will be able to continue its planned development in South Africa, Oman, and Morocco with the help of a USD 30 million loan from IFC, which will help it become more resilient after the epidemic. With integrated waste management services driven by the private sector, the historic agreement will contribute to delivering advantages for the environment. with this deal, IFC makes its first investment in the continent of Africa and the Middle East's private waste management market.

  • March 2024: Emerald Holding Inc. acquired Hotel Interactive (HI), a distinguished B2B digital media platform renowned for its high-quality hosted-buyer events in the hospitality and senior living industries. Following the acquisition, HI became part of Emerald's Connecting Point Marketing Group (CPMG). This strategic integration was intended to enhance their existing portfolio of premium-hosted buyer events, facilitating meaningful one-on-one interactions among industry leaders in significant verticals.
  • November 2023: Emerald Holding Inc. acquired Cocina Sabrosa, the sole B2B event in the US exclusively dedicated to Latin food and beverage. Originating as a regional event in Southern California, Cocina Sabrosa underwent enhancements and expansion to become the inaugural Latin food & beverage industry event in the United States. This transformation was intended to cater to the expanding business sector encompassing restaurateurs, grocers, suppliers, and entrepreneurs.
  • May 2024: ManpowerGroup is set to reaffirm its status as a critical contributor to the 8th edition of Europe's largest startup and tech event, VivaTech, by returning as a Platinum Partner.
  • July 2023: Kelly, a prominent global provider of specialized talent solutions, unveiled strategic restructuring measures to enhance organizational efficiency and effectiveness by optimizing its operating model. The strategic restructuring involves realigning business-critical resources to Kelly's business units, streamlining corporate resources, eliminating redundant organizational layers, and optimizing work processes.
  • April 2024: Workday completed its acquisition of HiredScore, integrating AI-driven talent acquisition capabilities into its offerings. The acquisition aims to enhance HiredScore's talent orchestration features, aligning with HR goals from recruitment to training. Workday's extensive resources are expected to bolster HiredScore's growth and innovation beyond its previous capabilities as an independent entity.
  • February 2024: ADP, a global technology firm specializing in human capital management (HCM) solutions, secured a spot on FORTUNE® magazine's esteemed "World's Most Admired Companies" list in 2024. This recognition marks ADP's impressive 18th consecutive year on the roster, highlighting its consistent excellence in pivotal domains such as product quality, global business acumen, and innovation.
  • March 2024: Alight Inc., a prominent provider of cloud-based human capital and technology services, enhanced its partnership with SAP. Through this collaboration, Alight's Worklife platform will harness the power of SAP S/4HANA Cloud, introducing a cutting-edge, cloud-based payroll solution. This innovative system not only boosts payroll efficiency and performance but also fortifies security measures for handling sensitive employee and organizational data.
  • February 2024: ADP enhanced its HR tools by incorporating generative AI, with a primary focus on streamlining payroll validation. The company emphasizes that these new features aim to automate mundane tasks, ultimately expediting overall processes. ADP asserts that these enhancements will empower HR professionals, allowing them to shift their focus from routine issues and information retrieval to more strategic endeavors.
  • May 2024: Deloitte Digital introduced CreativEdge, a generative AI-powered, omnichannel content creation tool that can revolutionize marketing. CreativEdge offers a seamless solution for marketers, enabling them to launch integrated campaigns across various channels like digital displays, emails, social media, and video storyboards at the click of a button. This advanced platform not only simplifies the production of marketing and sales content but also supports text, image, and translation needs in more than 20 languages.
  • December 2023: Accenture, a global professional services company, made its inaugural acquisition in Thailand by purchasing Rabbit's Tale, a creative and digital experience agency based in Bangkok. This move is part of Accenture's strategy to enhance the creative, brand, and data competencies of its creative arm, Accenture Song, specifically targeting the Thai market. The goal is to assist clients in crafting and refining digital experiences that span the entire customer journey, ultimately driving growth in Thailand.
  • April 2024: Dentons, a leading law firm across the world, unveiled the elevation of 12 new partners in the United Kingdom, Ireland, and the Middle East (UKIME). These promotions were expected to be effective starting May 1, 2024. Dentons additionally welcomed nine new partners in the preceding year, which spread across its offices in London, Glasgow, Edinburgh, Dublin, and Abu Dhabi. This brings the tally to an impressive 70 new partners who have bolstered Dentons' presence in the region over the last three years.
  • April 2024: Baker McKenzie was pivotal in advising ZCCM Investments Holdings PLC (ZCCM-IH) on its strategic collaboration with International Resources Holding RSC Ltd (IRH), a prominent mining entity based in Abu Dhabi. IRH, through its subsidiary Delta Mining Limited, made a strategic acquisition, securing a controlling interest of 51% in Mopani Copper Mines PLC (MCM). This acquisition was backed by a substantial investment of USD 620 million in fresh equity and commitments to settle existing third-party letters of credit (up to USD 96 million) and shareholder loans (up to USD 396 million). This deal marked Glencore's exit from its loan arrangement with MCM.

Newspaper Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)