Vinyl Group completes the acquisition of Mediaweek

Who owns Mediaweek?

Australia’s only ASX-listed music company, Vinyl Group, is the new proprietor of trade publication Mediaweek.

Per completion deliverables, the company has executed employment agreements with several key Mediaweek employees who will join Vinyl Group immediately to continue in their existing roles.

Recent management is not included in the acquisition. Former proprietor James Manning is continuing with the title.

Vinyl Group is looking to expand the business through its integration efforts and synergies from existing capabilities within the company.

Vinyl Group CEO, Josh Simons, said: “It’s a pleasure to welcome Mediaweek to Vinyl Group as we look to grow our trade media offering alongside The Music Network and Variety Australia.

“We have begun the search for a new managing editor to lead Mediaweek’s editorial, but in the meantime I look forward to working with former publisher James Manning who serves as acting managing editor alongside general manager Sarah Chapman and head of commercial Andrew Mulready, and the wider Mediaweek team.

“Now that this deal has completed, I expect to be able to share further updates in the weeks ahead.”

Acting managing editor, James Manning, said: “As Mediaweek starts a new chapter I’m pleased to be continuing my long association with the publication, continuing to work in a sector I know so well.

“It’s always been important to have trusted relationships with all parts of the media sector and Vinyl Group is keen to build on those. I started my career as a music journalist so to now be part of Australia’s only ASX-listed music company, and one that works with so many great entertainment brands, makes perfect sense.”

Mediaweek will soon announce details for the return of the Mediaweek 100.