Mediahuis eyeing German expansion with takeover talks printweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from printweek.com Daily Mail and Mail on Sunday newspapers.
11 media executives elected to INMA Board of Directors
INMA community consists of nearly 18,000 members at 900+ media companies in 79 countries.
Members of the International News Media Association (INMA)elected 11 new executives to its governing Board of Directors during the non-profit organisation’s annual business meeting on Wednesday.
Stephen Dunbar-Johnson, President, International, of The New York Times Company, was elected as Second Vice President of the Board’s Executive Committee.
Executives elected to new Board terms or recently appointed to the Board are:
Alexandra Beverfjord, Editor-in-Chief and CEO, Dagbladet (Aller Media), Norway
P.J. Browning, President Newspaper Division, Evening Post Publishing, United States
Mediahuis Ventures, the venture capital arm of Independent News & Media owner Mediahuis, is investing in artificial intelligence coaching start-up Bunch.
Along with investment partners M13 and Atlantic Labs, Mediahuis will inject €1m into Bunch to help improve international growth plans for its new AI leadership coaching product, an iPhone app.
The app is used by millennial managers to get personalised, two-minute daily coaching, according to a statement from Mediahuis.
New York and Berlin-based Bunch launched the app last November.
Already almost 20,000 people are using the app, which is growing 7pc week-on-week.
The app takes into account users’ leadership style, the challenges they’re facing with their team, and the skills they want to build.
Mediahuis, the owner of Belfast Telegraph publisher Independent News & Media, generated a profit of just under €60m (£51.8m)last year and cut debt, despite the impact of the Covid pandemic.
Financial results for 2020 show one-in-three subscriptions across the group’s titles in Belgium, the Netherlands, Luxembourg and Ireland is now a digital product, in many cases combined with a weekend newspaper.
In Northern Ireland, Belfasttelegraph.co.uk secured an average of more than 211,000 readers every day, with Independent.ie reaching about 800,000 people.
The total number of subscribers in the group exceeded 1.7 million at year end as a result of an 11% like-for-like increase plus the impact of acquisitions. The year saw the launch of paid digital subscription products for Independent.ie and The Belfast Telegraph.