United Business Media

CMP to Lay Off 200, Shutter Several Titles
June 15, 2007

CMP Technology, a business-to-business publisher and subsidiary of United Business Media, announced this week that 200 employees will be laid off by the end of the month. In addition, three of the company’s publications will be combined into a single magazine, two others will see a decrease in frequency, one magazine will be published online and another will be shuttered altogether. The major restructuring has been in the works for two years. Information Week, Network Computing and Optimize will be combined into one magazine under the Information Week brand. CRN and VAR Business will see reductions in frequency, and Sys Admin will fold with

M&A Update: Haymarket Media Acquires DMNews
March 1, 2007

Haymarket Media Inc. has acquired DMNews from Courtenay Communications Corp. Both companies are privately held and based in New York. Details of the transaction were not disclosed. DMNews’ print edition is a weekly tabloid with a circulation over 50,000. The sale includes DMNews.com, and six e-mail newsletters, including DMNews-iMarketing News Daily, DM News Hot List of the Day, DM News Whitepaper of the Day and three weeklies, which are delivered to over 35,000 individuals. The sale of DMNews includes the rights to another Courtenay magazine, iMarketing News, which was published from 1999 to 2002. Haymarket Media publishes a dozen magazines covering the marketing, public relations, medical,

Deal or No Deal?
December 1, 2006

Despite economic concerns highlighted by a slowdown in the housing market, merger and acquisition activity in the media and information industry remained steady through the first three quarters of 2006. Magazine publishers in both the consumer and business-to-business sectors have been especially busy, according to M&A firm The Jordan Edmiston Group Inc. (JEGI), recording 37 and 28 transactions, respectively, through September of this year. Most recently, the blockbuster acquisition of Penton Media Inc. by Prism Business Media Inc. sent waves through the industry. Earlier this year, Commonwealth Business Media was sold to United Business Media ($152 million) and Wenner Media acquired Walt Disney’s

M&A Market Remains ‘Buoyant’
September 1, 2006

Managing Director Richard Mead at The Jordan, Edmiston Group Inc. (JEGI)—an M&A firm that serves the media and information industries—says his company has kept busy this year with an active market. He says he expects that trend to continue, and that JEGI’s pipeline remains as promising as ever. In this one-on-one interview with Publishing Executive, he discusses the importance of an accurate projection of growth for a potential acquisition and proper strategic positioning by a prospective seller. What is your assessment of the current state of the M&A market for the publishing industry? Richard Mead: The current M&A market is very buoyant, continuing a trend

CMP Media Gets RIPed with Rampage Systems
June 1, 2002

Last year was a tough one for magazine publishers, as ad pages declined 17.2 percent from the prior year. And when top line revenues drop, production managers are expected to shore-up the bottom line. With what now seems like uncanny foresight, CMP Media (www.cmp.com) was already moving into high gear on a plan to reduce costs by bringing final page output in house. According to Prepress Director Elizabeth Wimmer, they had been thinking about RIPing pages in-house for several years. CMP Media, a subsidiary of UK-based United Business Media, publishes 39 periodicals out of three production centers, operates numerous Web sites and