Capita plc has today announced the acquisition of Health Analytics Ltd, the award-winning Cambridge-based company whose specialist software uses clinical and financial information to support health and social care organisations to make more informed decisions about the care they deliver
Revenue increased by 10 per cent to £281.6m in the 2016 financial year, up from £255.9m in 2015. Operating profit increased by 27 per cent to £169.6m, from £133.1m, and earnings per share grew to 12.67p per share, up from 0.85p per share.This is the first set of full-year results the company has reported since listing on the London Stock Exchange in March last year. The company got off to a good start when it floated, with shares up 13 per cent on the first day of trading – and the stock has continued to perform well since, hitting an all time high in November when the group announced its first dividend.
Always Marketing Services, which is majority-owned by WPP operating company J. Walter Thompson, has acquired Malaysian brand activation agency ePromode Sdn Bhd for an undisclosed sum
The media company moves from one PE firm—the Wicks Group—to another. Northstar’s management team stays in place
The company’s media business continues to wind down as events take over, but a spokesperson tells Folio: that UBM remains committed to its existing media assets
In one of the largest B2B media transactions this year, Northstar Travel Group, which provides a broad array of products in the retail and corporate events markets, was sold from one private-equity firm—the Wicks Group—to another, Wasserstein Partners, Northstar CEO Thomas Kemp said today.
Global PR firm Allison+Partners has joined other global networks increasing their German presence in recent months, with the acquisition of tech-focused Berlin and Munich agency Higher Ground Communications
The bosses of free London newspaper City AM have boasted that they are tearing down the boundaries between editorial and commercial by letting brands post articles directly into their website content management system. I can see why they want to play this up. But actually, I don’t think it is nearly as revolutionary (or as ethically dubious) and some of the things big existing publishers already get up to. Former Independent media editor Ian Burrell has the story for The Drum
Dennis Publishing has announced plans to launch Cyclist magazine in France, home to the largest road cycling market in Europe
UBM plc (LSE: UBM-LN) today announces that it has acquired Content Marketing Institute (CMI) for a consideration of $17.6m with an additional earn-out subject to meeting profit targets over the next 2 years
Reed Exhibitions has expanded its presence in South Korea with the Electronics Manufacturing Korea show, and three Home Table Deco Fairs. The shows have been acquired from Korean organiser K-Fairs, which has partnered with Reed previously in 2014. These acquisitions will add four new exhibitions to Reed’s growing portfolio of events, with the organiser recently announcing the launch of the World Travel Retail Expo
The crucial question no one, including Jeff Jarvis, can answer: how will we fund journalists in a world dominated by Google and Facebook?
Star fund manager Neil Woodford is expected to be among investors in line to pick up a stake in media group Time Out when it unveils plans for its London listing tomorrow
Hearst is putting events front and centre in a ‘dynamic distribution’ strategy for its brands
I am in Ireland to address the Irish Press Council’s annual general meeting in a lecture entitled “Have newspapers got a future?” My theme is that they have no future. Declining circulation figures tell us that people are switching week by week from print to screen. It is simply a matter of time before it becomes unprofitable to continue publishing newsprint papers
Shares in Daily Mail and General Trust, publisher of the Daily Mail, fell by 10 per centon Thursday as it disclosed the toll that the sudden downturn in print advertising is having on its business. It suffered a 16 per cent decline in print advertising revenues in the first half of its financial year
The agency network said the private equity firm won’t be involved in its day-to-day operations, but it will help its growth strategy
Magazine publisher Future reported it had reduced its pre-tax losses today as it forecast further acquisitions activity. In April, Future acquired Noble House Media, a publisher specialising in technology and the mobile industry, and Blaze Publishing, which covers the music and shooting sectors. And the publisher anticipates more activity to strengthen its portfolios in both its media and magazine divisions.
Online advertising has grown rapidly in recent years, with US revenues hitting $59.6bn in 2015, according to eMarketer, compared with the $68.9bn generated by television. However, as online advertising has grown, so have concerns about viewer measurement, fraud and the placement of campaigns on sites that could be harmful to brands.
The events organiser, which hopes to conclude the sale of its PR Newswire and Agility businesses in coming weeks, said performance since the start of the year had been in line with management expectations. Larger events continued to drive performance, most notably Game Developers Conference, MAGICVegas, Enterprise Connect, MD&M West and Hotelex/FineFoods, UBM said.
