BMG Rights Management has agreed a deal to buy Stage Three Music from its shareholders, Apax Partners, Ingenious Media Active Capital (LON:IMAC) and the management team. Stage Three is an independent, international music publisher founded in 2003 and run by ex-Virgin and Chrysalis CEO, Steve Lewis. The company holds the rights to a variety of contemporary compositions performed by the likes of David Essex, Duffy, Eminem, Eric Clapton and James Morrison. Stage Three is BMG's third investment of significant size made in 2010 and follows the acquisition of Cherry Lane and the Adage IV catalogue in the US. Earlier this year, Ingenious made changes to its investing policy in order to return capital of 35p per share to shareholders.

Asia Digital Holdings (LON:ADH), the independent digital marketing group, has reported significant growth and a material uplift in sales and gross profitability in excess of 50% and 30% respectively during the first six months of 2010. This uplift, combined with a reduced cost base, will result in the group reporting positive EBITDA for the period. The growth has been largely driven by continued improvement in the group's Australia and New Zealand operations and consistent positive contribution achieved across the Asian operations. Asia Digital recently launched operations in China from its Shanghai base with Dell as its first client and the company said it was pleased by progress to date. Shares in the company lifted by 24.5% to 0.36p.

Meanwhile, Entertainment One Ltd (LON:ETO), the company that specialises in the acquisition, production and distribution of film and television content, kicked off trading on London’s Official List this morning, after switching from AIM. Entertainment One is behind the UK licensing rights of the hugely popular Twilight Saga films. It said the move would give it the ideal platform to deliver further growth and enhanced shareholder value.

Finally, Wilmington Group (LON:WIL), the group that provides information and training services to professional business markets, said this morning that its trading performance in the year to June 30 was set to match expectations. The group's Publishing and Information business has seen overall trends in revenue and profit continue in the second half of the year. At the interim stage, revenue declined by 7.5% to £16.1m with profits before exceptionals down by 1.6% to £4.5m. In Training and Events, revenues…

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