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
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
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
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.
BJI serves the men’s apparel and women’s apparel and accessories markets under the following leading tradeshow brands: AccessoriesTheShow, EDIT, FAME, Moda, MRket and Stitch. These shows run multiple times a year and in some cases are located in the same venues as UBM shows. BJI also operates several websites and publications serving the fashion sector. In 2015, BJI’s revenues were approximately $40m – $33m from Events and $7m from Other Marketing Services
VNU Exhibitions has announced its acquisition of Aquarama and Pet Asia from UBM Exhibition Singapore Pte Ltd. Aquarama is a trade show covering fish, invertebrates, plants and related accessories
UBM, which is looking to focus on its events operation, said it proposes to return £245m to shareholders following the deal.
Rather than the online space being perceived as a threat, Morrison believes there exists a distinct opportunity to increase the authority of magazine brands. Magazines that have successfully made transitions into digital include the 170 year-old Building, their editor recently stating that the digital space has allowed them to position their writers as true experts in their respective fields
UBM said: Over the past four years, there have been significant developments in the publishing industry and Publishing & Media Expo has continued to evolve in line with these developments – i.e. an increasing focus on multi-platform publishing (print, digital, mobile) being reflected in the make-up of our content and exhibitor base
UBM Plc 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 announced it remains confident in its 2015 outlook, despite reporting the cancellation of 37 events and a first-half pre-tax profit fall of 37.2 per cent.
Organiser UBM has announced the immediate closure of its medical device exhibitions and conferences, Medtec, in the UK, France and Italy, in an attempt to grow its main European edition.
The consideration for Global Sources’ 60.1% stake will be approximately USD $9.0m in cash, subject to adjustments for cash and working capital
Global exhibition organiser UBM has cancelled its annual US telecoms and wireless trade show, 4G World, citing “evolving market conditions
Organiser UBM has announced that it will close its May Design Series event, to focus on its more “industry targeted niche events”. The multi-sector show, which has run since 2013, targeted London designers, architects and specifiers, showcasing a range of new products across furniture, lighting, kitchens, bedrooms, bathrooms, and décor. UBM portfolio director Alison Jackson said: […]
The biggest question comes right from Tim Cobbold’s strategic presentation in which he makes clear that the global exhibition industry is attractive because it is growing at 5% annually and yet remains fragmented. But the (almost) single-minded pursuit of “events” may be flawed
UBM plc (LSE: UBM-LN) today announces the acquisition of Hospitalar, Latin America’s largest healthcare tradeshow, from SPFC Group
UBM Plc 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
UBM performed well in Q1, in line with the Board’s expectations. Growth in Events was as anticipated, with the largest events continuing to drive performance.
UBM bought Advanstar for close to a billion dollars late last year, and the company isn’t wasting any time in taking advantage of the 150 events and 30 publications it got in the deal.
UBM Americas have annouced the formation of UBM Lifesciences bringing together events and print brands under one division