MCG Capital acquires Kagan World Media from Primedia.MCG mcg microgram. mcg abbr. microgram mcg microgram. mcg Microgram, see there; the preferred written abbreviation is µg Capital (Arlington, VA), a business development company with investments in the communications, information services See Information Systems. , media and technology industry sectors, has acquired Kagan World Media (Carmel, CA) from Primedia, Inc. (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ). No terms were given. The acquired property will be known as Kagan Research. Primedia acquired Kagan World Media in October 2000 from founder Paul Kagan. Kagan publishes analytics in the form of newsletters, databooks and two magazines in five main areas, including Cable & Satellite, Broadcast TV & Radio, Entertainment & Sports, Broadband/Digital/Wireless/Internet, and Media Finance & Law. The products cover valuation, M&A deals, revenue forecasts, cash flow, and subscriber trends in the cable, broadcast, home video, motion picture, newspaper and wireless industries. The company publishes over 40 newsletters, including such titles as Broadband Advertising Report, Media Sports Business and Wireless Telecom Investor, and over 60 forecasting/reference reports. Kagan also produces over 20 executive conferences and provides appraisals, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support and expert testimony Testimony about a scientific, technical, or professional issue given by a person qualified to testify because of familiarity with the subject or special training in the field. on valuations in the industries it serves. The company was established in 1969. In a statement, MCG Capital ceo Bryan Mitchell said "we had a broad overlap in the industries that we cover, and we share a similar approach to financial research. Combining forces with Kagan was a natural extension of our research arm and increases our research capabilities by an order of magnitude A change in quantity or volume as measured by the decimal point. For example, from tens to hundreds is one order of magnitude. Tens to thousands is two orders of magnitude; tens to millions is three orders of magnitude, etc. ." |
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