Centaur Media PLC – Interim Management Statement

Centaur Media plc, the specialist business publishing and information Group, today issues an interim management statement for the period from 24th February 2011 to date.

Highlights

Advertising

  • In the four months to 30th April 2011, advertising revenues grew 10%, compared to 17% growth in the first six months of the financial year.
  • Growth was led by digital advertising revenues which were 26% ahead in the four months, whilst print advertising grew 4% in the same period. Centaur’s strategy is to increase digital revenues to 50% of advertising revenues.

Events

  • Revenues 4% ahead of last year for the four months to 30th April 2011.
  • Centaur’s largest exhibitions, ran in the period, Business Travel Show and National Homebuilding & Renovating, delivered aggregate 8% revenue growth.

Centaur also plan to expand their share of paid content revenues from last year’s 21% to a third; and to increase their share of revenues derived from international revenues to 25%.

Actual figures were not given as this is the Interim report.

Centaur’s Interim Management Statement

UK, London

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WebMediaBrands acquires Inside Network and its Social Media Research and Data Services, News Publications and Industry Conferences

WebMediaBrands has acquired Inside Network.

Inside Network publishes the well-known blogs Inside Facebook, Inside Social Games and Inside Mobile Apps; industry-leading research services focused on the Facebook platform and social gaming ecosystem including Inside Facebook Gold, Inside Virtual Goods and Facebook Marketing Bible; AppData, a service used by developers, investors, marketers, and analysts interested in tracking application, or app, traffic on social platforms; and trade shows such as Inside Social Apps.

Justin Smith, founder of the Inside Network, will continue to operate the business and will become WebMediaBrands’ Vice President, Social Media and a member of its board of directors. Terms for the transaction included payment of $7.5 million in cash and 4,183,130 shares of the common stock of WebMediaBrands.

“Inside Network Inc. is a leader in covering the Facebook and social gaming ecosystem through reporting, research, and events,” stated Alan M. Meckler, Chairman and CEO of WebMediaBrands. “When combined with our leading social media blogs such as AllFacebook, SocialTimes, and AllTwitter, I believe that WebMediaBrands is now the leading source of news and information about Facebook, social gaming, Twitter, and social media. We plan to move aggressively with initiatives designed to grow our combined editorial, research, and events operations, as well as dramatically augment our online education coverage of social media and our job board presence in the social media arena,” added Meckler.

“WebMediaBrands has created a powerful platform for delivering news, research, education, and events to the social media industry,” said Justin Smith, Founder and CEO of Inside Network. Since our founding, Inside Network has always focused on providing the highest quality information, research, data, and events for the social app ecosystem. Combining our efforts should naturally enable us to move even faster to deliver products and services to this rapidly growing industry in multiple areas, including industry news and research, conferences and events, and job listings for the social and mobile application ecosystems.”

USA, New York, NY

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Emap faces a massive management overhaul after the resignation of chief executive David Gilbertson.

The Daily Telegraph is reporting that David Gilbertson has resigned as CEO of Emap.

Emap, was bought in 2007 by Eden Bidco Ltd, a joint venture between private equity company Apax and Guardian Media Group. They paid around £1bn. Since then Emap has struggled to meet projections and both investors have been forced to write down the value of the investment

David Gilbertson joined EMAP from Informa in 2008. It is thought he was looking to renegotiate the management award scheme. It maybe that Emap’s top 20 executives have all their equity under water.

Read the full story

UK, London

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Bertelsmann acquires digital media agency Smashing Ideas for Random House

Bertelsmann AG has acquired digital media agency Smashing Ideas for its Random House division, the world’s largest English-language trade book publisher. The purchase was announced today by Markus Dohle, , and Stephen Jackson, President and CEO of Smashing Ideas, Inc. Terms of the deal were not disclosed.

The acquisition adds significantly to the set of Random House capabilities and further signals the intention of Random House and its parent company to be leaders in digital content creation, and demonstrates their commitment to expanding revenues from mobile and interactive online products and services.

Smashing Ideas will continue to operate independently out of their Seattle headquarters, as well as their U.K. office, primarily focusing on its current and future client businesses.

Last September, Random House, Inc. established a partnership with Smashing Ideas to develop first-rate mobile applications for selected titles. The first two apps, developed with the Random House Children’s Books division, Wild About Books and Pat the Bunny, both climbed to #1 in the books category in the Apple App store.

“Bertelsmann, Random House, and Smashing Ideas are a great fit creatively and culturally, as our recently begun partnership has demonstrated to us. We are driven to create value for authors, brands, and clients, and the opportunity to do so together, through broad-based digital development of innovative and interactive engagement with consumers and readers, is enormously appealing to us,” says Markus Dohle, Chairman and CEO of Random House and Member of the Executive Board of Bertelsmann AG. “We intend to provide our new Smashing Ideas colleagues with abundant resources to help them grow as a profit center, as well as a creative force.”

UK, London & USA, Seattle, WA

Datran Media acquires social news site Allvoices

Datran Media, a digital marketing technology company, has acquired Allvoices, a social news sites with over 460,000 contributors and approximately 10 million unique visitors per month.

Launched in 2008, Allvoices allows users to report from anywhere, providing rich coverage from the local to the global perspective. Allvoices has a patent-pending technology that aggregates crowd-reported news events, which it organises by location, time and category, creating context for readers by bringing together relevant news stories, blogs, images and videos. This creates communities for like-minded individuals to share and discuss news by contributing and commenting on related text, video and images. The Allvoices media business publishes over 2,000 reports per day via its active-citizen user community and partners. These partners include Reuters, AFT (Agence France Presse) and cartoon and photo syndication networks.

Datran Media Chairman of the Board and Chief Executive Officer, Patrick Vogt, stated, “We are very excited about the Allvoices acquisition, which provides us with tremendous access to talent and technology. The integration of socially generated content with our existing audience intelligence and content distribution allows us to provide solutions to our customers that address engagement, relevance, efficiency and a level of audience intelligence unparalleled in the industry. The customer-centric brands we work with share a common belief that intelligent audience-driven marketing is the key to effectively connecting with fans, subscribers and customers. Integrating Datran Media’s analytics across Allvoices now makes it possible for many millions of individuals to engage in ways that would not otherwise be possible. Obviously, this is a great benefit to our advertising partners, as it ensures the best audience reception and marketing results.”

Post-integration, Ms. Tareen, founder and CEO of Allvoices, will move into the role of SVP of Strategy for Datran Media at the parent-company level. Aki Hashmi, SVP and general manager of Allvoices, and David Warthen, VP engineering and chief technology officer of Allvoices, will continue to lead the Allvoices team. The remainder of the Allvoices team will maintain their roles and titles as they become a part of Datran Media. The integration of the Allvoices team and technologies will be completed as rapidly as possible to ensure maximum client value.

USA, New York, NY

MJH & Associates and ArcMesa Educators acquire publications and events business Physicians’ Education Resource

Michael J. Hennessy & Associates, through its medical education company, ArcMesa Educators, has acquired Physicians’ Education Resource (PER), a producer of and hematology meetings and conferences.

With the merger, PER brings its website, cancerlearning.com, the rights to all of their legacy medical meetings and conferences, an e-mail database of oncology subscribers, thought leaders, and a variety of print and online medical education activities.

“We are especially excited to begin working with Dr. Daniel Osman on the Miami Breast Cancer Conference; Dr. Joyce O’Shaughnessy on several breast cancer meetings; Dr. Andre Zelenetz on the International Congress on Hematologic Malignancies; and Dr. David Gandara on the International Lung Cancer Congress. In total, we will be holding five major oncology meetings in 2011,” said Mike Hennessy, CEO of MJH & Associates.

PER will also provide new distribution channels for the current educational offerings produced by ArcMesa; enhance the ability of MJH & Associate’s subsidiary, HRA Research, to conduct focused research in the oncology market; and greatly increase the profile of the company’s Oncology Specialty Group.

USA, Plainsboro, NJ

Internet Brands acquires legal publisher Nolo

Internet Brands has acquired Nolo. The deal includes Nolo’s online legal information portal, lawyer directory and content library. Nolo’s operations will be combined with Internet Brands’ existing legal division, ExpertHub.

According to Jake Warner, “Internet Brands is the ideal acquirer for Nolo with its dedication to high quality products and information. I am confident that Nolo and its mission to provide law for all will thrive under the highly capable leadership of Bob Brisco and his team at Internet Brands.”

From the Nolo Blog

We are pleased to announce that we have been acquired by Internet Brands, a new media company based in El Segundo, California.

“Nolo has always advocated for a more accessible and affordable legal system while giving consumers the plain-English information they needed to tackle everyday legal tasks,” said Jake Warner, our executive chairman and co-founder. “We’re confident that Internet Brands’ proven expertise in e-commerce, consumer-focused products, and online SMB marketing services will maximize Nolo’s online presence.”

Bob Brisco, CEO of Internet Brands welcomes our company formally on his blog and was quoted in Internet Brands’ press release this morning, “Consumer demand for quality, easy-to-understand legal information continues to grow very rapidly online. Nolo is the gold standard for original legal content, and has expertly navigated the shift to the Internet and digital formats.”

Though this marks a change, Nolo will remain in Berkeley publishing books and software that put the law into plain English, just as it has for the last 40 years.

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USA, Los Angeles, CA & Berkeley, CA

Yahoo! acquires IntoNow

Yahoo! has acquired IntoNow. Financial terms of the transaction were not disclosed.

Launched in January 2011, IntoNow has built a platform and companion TV application based on real time indexing of television that deepens the connections between audiences, television content and advertisers. IntoNow has indexed more than five years of US based television programming, creating a rich database to build video discovery and programming experiences. IntoNow is able to identify content down to the airing, episode and time within the program as well as provide program information and links associated with it, all within a matter of seconds.

“Relying on social channels as a means for discovering content – whether it’s on a PC, mobile device, or TV – is rapidly on the rise. IntoNow’s technology combines the ability to check-in to what a consumer is watching, engage in conversations, and find related content,” said Bill Shaughnessy, SVP of Global Product Management at Yahoo!. “The IntoNow application the team has built clearly demonstrates the opportunities the technology presents across Yahoo!’s network, especially in regards to our video content, search, mobile and Connected TV experiences. We are excited to have the IntoNow team join Yahoo! as we continue to build out these experiences.”

The addition of IntoNow will enable Yahoo! to provide enhanced media experiences and video programming, bolstering its social engagement across the Yahoo! network and on all screens. IntoNow users are able to easily engage with friends around the shows they enjoy most. IntoNow helps people discover new shows, discuss favorites with friends and learn more about them, and provides recommendations for what is currently airing based on their interests and those they are connected to. The application is also integrated with Facebook, Twitter, iTunes and Netflix to enable more sharing and information gathering.

USA, Sunnyvale, CA

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TechTarget completes acquisition of Computer Weekly from Reed Business Information

Technology media company TechTarget has completed the acquisition of the websites, product offerings, and events associated with Computer Weekly and its sister channel-targeted brand MicroScope from Reed Business Information. The acquisition was first reported on DigiNet last month.

USA, Newton, MA & UK, Sutton, Surrey

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Wolters Kluwer Health to acquire drug information provider Lexi-Comp

Wolters Kluwer Health is to acquire Lexi-Comp., a leading global provider of drug information and clinical content for pharmacists and clinicians. The acquisition is the latest in a series of strategic acquisitions Wolters Kluwer Health has made in its Clinical Solutions business as part of the company’s strong focus on serving the point-of-care segment. Terms of the acquisition were not disclosed.

“Wolters Kluwer Health has focused heavily on building a robust suite of clinical decision support solutions for point-of-care use by healthcare professionals, and our acquisition of Lexi-Comp is very much aligned with this strategy,” said Arvind Subramanian, President & CEO, Wolters Kluwer Health Clinical Solutions.

“Like Wolters Kluwer Health’s Clinical Solutions businesses, Lexi-Comp is a leader in providing quality drug information and clinical content designed to help pharmacists and other healthcare professionals make informed and efficient clinical judgments and decisions to improve the quality of care they can provide for their patients. With this acquisition, over 500,000 pharmacists and clinicians in 149 countries will have access to Wolters Kluwer Health Clinical Solutions offerings. Following completion of the acquisition, our combined businesses will be well-positioned to provide a robust portfolio of clinical decision support solutions for professional customers across the healthcare continuum.”

Lexi-Comp provides drug information and medical reference content to more than 1,500 hospitals internationally, and publishes drug monographs covering more than 1,700 products.   Lexi-Comp’s clinical information is available to pharmacists and other healthcare professionals online and on a variety of popular mobile devices, as well as through integrated health information systems. To support and supplement effective clinician-patient interactions, Lexi-Comp also provides patient medication leaflets in 19 languages. The company is headquartered near Cleveland, Ohio and has approximately 150 employees.

The two companies have a long-standing relationship through Wolters Kluwer Health’s UpToDate business.

USA, Philadelphia, PA

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