E-News : April 3, 2012
Top Media Moves
Hearst has bought a 20 percent stake in business information research firm Stylus Media Group. The two-year-old London-based company employs about 45 researchers, marketers and journalists to serve large corporate clients by conducting research on consumer behaviors.
Specialty Equipment Market Association acquires Performance Racing Industry. Performance Racing Industry, the world’s largest racing trade show, has been sold to the Specialty Equipment Market Association. John Kilroy will serve as Vice President/General Manager of PRI and assume day-to-day operations for the group.
The Wall Street Journal has launched CIO Journal, a news and information service aimed at technology executives, according to Media Business. Subscribers to the CIO Journal receive a morning email that includes original reporting from CIO Journal and stories pulled from the Journal, Dow Jones Newswires and the Factiva database. Users can also customize news alerts and company profiles.
Job of the Week
In addition to the "Job of the Week" highlighted in each issue of E-news, ABM has expanded its online job board to better reach out to the membership and media community with quality career opportunities. Powered by mediabistro.com, the site is updated constantly with openings across the country and enables you to search by industry and location. So what are you waiting for … Click here to begin your search!
Business Information Council
12:00 PM - 2:00 PM
Location: ABM Headquarters
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The present and future of M&A for b-to-b media
Mergers and acquisitions are steadily becoming a new trend for b-to-b companies in 2012 as companies look to grow and branch out into new b-to-b arenas. But what are companies looking for when deciding on whether or not to go forth with a M&A transaction? John Wickersham, Partner at Atwood Capital Partners, Managing Partner Reed Phillips III from Desilva and Phillips Investment Banking and Richard Mead, Managing Director, JEGI offered their input as to what is making M&A’s for attractive for b-to-b media. More.
The pursuit of paid content: Can B-to-B publishers afford not to pay online?
According to ABM’s recent Business Information Network numbers, b-to-b industry revenue posted a significant increase in 2011, up 7.2 percent to $26.5 billion. The growth was across every product category tracked, with digital up 22 percent, data services up 6.5 percent and even print beating out trade shows in growth (3.8 percent and 2.2 percent, respectively. But despite those encouraging numbers, “advertising” is starting to become a dirty word in the investment community. More.
MPA develops voluntary tablet metrics guidelines
The Association of Magazine Media announced voluntary guidelines to give magazines a better way of measuring their digital editions, according to Adweek.com. Among the guidelines are five metrics: total consumer paid digital issues, total number of tablet readers per issue, total number of sessions per issue, total time spent per reader per issue and average number of sessions per reader per issue.
Future cloudy, try again later
In the face of complaints that iPad magazine subscriptions can crowd up all a tablet’s storage space, one solution is to store back issues in the cloud. Tablet computers, especially Apple’s iPad, are on the steep side of the growth curve. Sales in general are forecast to rise 54 percent in 2012. Use among businesspeople is set to quintuple over the next five years. Tablet users shopping with Apple’s “Newsstand” app are spending $70,000 a day on newspapers and magazines. More.
USPS webinar for ABM members
Please join us on April 11 at 2pm ET for a webinar to be presented exclusively to ABM members, during which Jim Cochrane, USPS' VP of Product Information, will discuss why the Postal Service is moving in this direction and how this change will affect your operations. Jim will also share details on how the USPS is investing in technology to provide end-to-end visibility on mail and packages, with a look at enhanced diagnostic tools that will drive service performance and support network optimization. More.