CNN Expansion
Encyclopedia
CNN Expansion is a vertically integrated news portal resulting from the merger of news channel CNN and the business magazine Expansion, with its content mainly targeting businessmen and entrepreneurs of business in Mexico
and Latin America
.
During the last few years CNNExpansion.com has strongly positioned in the Latin American business environment, in that beyond being a printed magazine or a website associated with this, it has developed a strategy of media coverage on the Web including blogs, forums, video and much more.
With 40 years as Mexico's most important business magazine. Expansion was presenting the best stories consolidates business with a fair and transparent vision of the great figures in this field.
Grupo Editorial Expansion (GEE), its parent company, was founded in 1966. In 2005, it became part of Time Inc.
, the largest publishing company in the world, with more than 140 titles, many of them bestsellers worldwide.
In Mexico GEE is the most important editorial directed at targeted audiences and business with a clear mission to revolutionize the standards of the publishing industry in the country and Latin America. Under this paradigm, the company has grown significantly over the past eight years, from 4 to 18 magazines and 4 of internet portals that are translated into more than 6.3 million readers and 2 million visits per month over the Internet.
has acquired Grupo Editorial Expansion, Mexico's second-largest magazine publisher. Terms were not disclosed, but industry observers estimated that the deal was worth $60 million to $65 million.
AdMedia Partners represented Grupo Editorial Expansion in its acquisition by Time Inc., which was announced today. AdMedia Partners is a New York investment banking firm specializing in the media, marketing, interactive and information services industries.
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...
and Latin America
Latin America
Latin America is a region of the Americas where Romance languages – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...
.
During the last few years CNNExpansion.com has strongly positioned in the Latin American business environment, in that beyond being a printed magazine or a website associated with this, it has developed a strategy of media coverage on the Web including blogs, forums, video and much more.
With 40 years as Mexico's most important business magazine. Expansion was presenting the best stories consolidates business with a fair and transparent vision of the great figures in this field.
Grupo Editorial Expansion (GEE), its parent company, was founded in 1966. In 2005, it became part of Time Inc.
Time Inc.
Time Inc. is a subsidiary of the media conglomerate Time Warner, the company formed by the 1990 merger of the original Time Inc. and Warner Communications. It publishes 130 magazines, most notably its namesake, Time...
, the largest publishing company in the world, with more than 140 titles, many of them bestsellers worldwide.
In Mexico GEE is the most important editorial directed at targeted audiences and business with a clear mission to revolutionize the standards of the publishing industry in the country and Latin America. Under this paradigm, the company has grown significantly over the past eight years, from 4 to 18 magazines and 4 of internet portals that are translated into more than 6.3 million readers and 2 million visits per month over the Internet.
Acquisition of Mexico's Grupo Editorial Expansion by Time Inc.
Time Inc.Time Inc.
Time Inc. is a subsidiary of the media conglomerate Time Warner, the company formed by the 1990 merger of the original Time Inc. and Warner Communications. It publishes 130 magazines, most notably its namesake, Time...
has acquired Grupo Editorial Expansion, Mexico's second-largest magazine publisher. Terms were not disclosed, but industry observers estimated that the deal was worth $60 million to $65 million.
AdMedia Partners represented Grupo Editorial Expansion in its acquisition by Time Inc., which was announced today. AdMedia Partners is a New York investment banking firm specializing in the media, marketing, interactive and information services industries.