United Business Media
(Reuters) - British communications and events company UBM Plc (UBM.L) is exploring a sale of PR Newswire Association LLC in a deal that could value the distributor of press releases at more than $700 million, according to people familiar with the matter.
UBM is in discussions with potential buyers, including private equity firms, about selling PR Newswire, the people said this week. There is no certainty UBM will decide to divest the business, the people added.
NewBay Media LLC announced today that it has acquired Intent Media Limited. Intent, based in the U.K., produces business publications, websites and events within the entertainment, technology and leisure markets. Its brands include Pro Sound News Europe, TVB Europe, Installation, MCV, and ToyNews among many others.
UBM has highlighted a 21.7 per cent year-on-year rise in events revenue in its interim results for the nine months to 30 September.
The events, publishing and data services company reported revenue of £338.9m across its events division for the nine-month period, up from £278.5m last year. This represented underlying growth of 12.7 per cent.
Adjusted operating profit was also up 22.9 per cent, from £85.5m to £105.1m, while operating margins inched up slightly from 30.7 per cent to 31 per cent.
UBM, the $1.5 billion British targeted media company has retained Credit Suisse to do a strategic review of its data services business, not print publications as had been earlier reported in the Daily Telegraph.
The data services unit creates targeted data sets for specific industries and sells access to the information through annual subscriptions and consulting services. The business concentrates on the health, technology, transportation and paper industries.
Mechanicsburg, PA — 9/13/12 — Fry Communications is pleased to announce that the company won twelve Gold Ink Awards, including Gold, in the 25th Annual Gold Ink Awards Competition co-sponsored by industry magazines Publishing Executive, Printing Impressions, and Book Business.
NewBay Media LLC announced today that it has acquired the US Music Division, including Guitar World, Revolver, and Guitar Aficionado, from Future US, Inc, the San
IDG Enterprise - the media company comprising CFOworld, CIO, CIO Executive Council, Computerworld, CSO, DEMO, InfoWorld, ITworld and Network World - announces the appointment of Thomas Rousseau as vice president, alliance programs.
ONEcount Version 7.5 now supports a full mobile interface for all of its front-facing forms, allowing subscribers to fill out online forms using a smartphone or other mobile device.