Breaking news on media deal

HEADLAND Media, which has an office in Yorkshire, yesterday revealed that it had bought Newslink Services in a multi-million-dollar acquisition.

By The Newsroom

Published 25th May 2010, 12:50 BST

Updated 25th May 2010, 12:50 BST

The global deal involved Newslink's interests in Bahamas, Cyprus, India and the Philippines.

Headland, which employs 65 people at its offices in Leeds, Liverpool and Fort Lauderdale, in the US, specialises in the provision of media content in text, audio and video formats to maritime, hotel and retail sectors around the world.

Headland Media was formed in 2008 as part of a management buy-out from Sky.

Customers include retail chains, business aircraft, merchant shipping fleets, military units, cruise line companies, super yachts, luxury resorts, city hotels, safari camps, gyms and business travellers.

Headland was advised on the deal by law firm Schofield Sweeney, which has offices in Leeds and Bradford.

Earlier this year, Schofield Sweeney also advised Headland on its 3.5m re-financing by Yorkshire Bank.