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UBM plc

2013-04-26T19:59:15Z

WebHorizon: /* Operations */ added link

{{use dmy dates|date=March 2012}}
{{Infobox Company
|company_name = UBM plc
|company_logo = [[File:UBM logo.png|UBM Logo]]
|company_type = [[Public limited company]]
|traded_as = {{lse|UBM}}
|foundation = 1918
|founder = [[David Lloyd George]]
|location = Ludgate House, [[London]], [[United Kingdom]]
|key_people = Dame Helen Alexander ([[Chairman]]) [[David Levin (businessman)|David Levin]] ([[CEO]])
|revenue = [[Pound sterling|£]]797.8 million (2012)<ref name=prelims>[http://investors.ubm.com/download/UBM+FY2013+release.pdf Preliminary Results 2012]</ref>
|operating_income = [[Pound sterling|£]]150.2 million (2012)<ref name=prelims/>
|net_income = [[Pound sterling|£]]121.2 million (2012)<ref name=prelims/>
|industry = [[Mass media|Media]]
|products = [[Magazines]] [[Trade fair|Exhibitions]] News Distribution
|num_employees = approx. 6,500 (2012)
|homepage = [http://www.ubm.com/ www.ubm.com]
}}

'''UBM plc''' is a [[Multinational corporation|multinational]] media company headquartered in [[London]], [[United Kingdom]]. Its principal operations are live media and business-to-business communications, marketing services and data provision, and it principally serves the technology, healthcare, trade and transport, ingredients and fashion industries. UBM is listed on the [[London Stock Exchange]] and is a constituent of the [[FTSE 250 Index]].

==History==
The history of the companies that now make up '''UBM''' stretches back almost two hundred years to the founding of the ''Journal of Commerce'', first published by [[Samuel Morse]] in 1827. Today, the ''Journal of Commerce'' is produced in both print and digital formats by [[UBM Global Trade]]. UBM businesses still publish many other titles that were launched in the 19th century, including ''Building'' magazine, launched in 1843 by Joseph Hansom, as well as ''Chemist & Druggist''.<ref>[http://www.ubm.com/ubm/aboutus/ubmhistory/ UBM History]</ref>

The company was founded in 1918 as '''United Newspapers'''<ref name=history>[http://www.unitedbusinessmedia.com/ubm/aboutus/ubmhistory/ UBM: History]</ref> by [[David Lloyd George]] to acquire the ''[[Daily Chronicle]]'' and ''[[Lloyd's Weekly Newspaper]]''. In 1929, the company merged with Provincial Newspapers, an owner of regional papers in the north; the next year, it sold its national papers.<ref name=funduni>{{cite web|url=http://www.fundinguniverse.com/company-histories/united-business-media-plc-history/|title=United Business Media plc History|accessdate=24 October 2012|publisher=Funding Universe}}</ref> The company continued for decades as a regional newspaper publisher, making acquisitions such as ''[[Yorkshire Post Newspapers]]'' in 1969.<ref name=funduni/>

It acquired [[PR Newswire]] in 1982.<ref name=history/> In 1985 it bought Express Newspapers and continued to publish the ''[[Daily Express]]'' for some 15 years.<ref name=history/> It changed its name to '''United News & Media''' in 1995,<ref name=history/> sold its regional papers in 1998, and bought CMP Media in 1999 for $920 million.<ref name=history/> In 2000, it sold the ''Daily Express'' to [[Richard Desmond]] and adopted the name of '''United Business Media'''. It went on to acquire Commonwealth Business Media for $152 million in 2006.<ref>[http://findarticles.com/p/articles/mi_hb5606/is_/ai_n23601355 United Business Media buys Commonwealth Business Media for $152 million]</ref>

In 2008, UBM moved its tax headquarters to [[Ireland]], but in 2012, the company announced its intent to move its tax base back to the [[United Kingdom]].<ref>[http://www.guardian.co.uk/business/2012/oct/18/ubm-plan-move-tax-base-uk "UBM plans to move tax base back to UK"], ''The Guardian'', 18 October 18 2012. Retrieved 30 January 2013.</ref> In 2012, PA Group, the parent company of the [[Press Association]], sold its 50% stake in Canada Newswire to joint venture partner UBM for £30.1 million.<ref>[http://www.guardian.co.uk/media/2012/nov/01/pa-group-canada-newswire-ubm "PA Group sells stake in Canada Newswire to UBM for £30.1m"], ''The Guardian'', 1 November 2012. Retrieved 30 January 2013.</ref>

===Television interests===
MAI was part of a consortium which bid for the ITV south and south east area, which formed Meridian Broadcasting in 1991. MAI began to expand following the successful launch of Meridian: in 1994 the company bought [[ITV Anglia|Anglia Television]], the ITV franchise for the east of England,<ref name="Independent Anglia buyout">{{cite news|last=John|first=Murray|title=Heseltine clears way for Anglia TV bid|url=http://www.independent.co.uk/news/business/heseltine-clears-way-for-anglia-tv-bid-1395076.html|accessdate=27 March 2012|location=London|newspaper=The Independent|date=19 February 1994}}</ref> and the following year became a major shareholder in the consortium that won the franchise for [[Channel 5 (UK)|Channel 5]].<ref name="Ofcom ITV timeline">{{cite web|title=Key dates in the history of commercial TV|url=http://www.ofcom.org.uk/static/archive/itc/uk_television_sector/overview/key_dates.asp.html|work=An Overview of Television in the UK|publisher=Ofcom|accessdate=27 March 2012}}</ref> In 1996, MAI merged with United Newspapers (via an [[Mergers and acquisitions|agreed takeover]] by United) to form '''United News & Media (UNM)'''. The resulting company owned the ''[[Daily Express]]'' newspaper, Meridian, Anglia, and a large shareholding (through the ''[[Yorkshire Post]]'') in [[Yorkshire Tyne Tees Television]], the owners of [[Yorkshire Television]] and [[Tyne Tees Television]].<ref>{{cite web|url=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/27568&EDATE= |title=PRNewsWire |publisher=PRNewsWire |date= |accessdate=2011-01-27}}</ref> The stake in Yorkshire Tyne Tees Television was sold to [[Granada PLC|Granada]], allowing them to take control of the two franchises in 1997. United News and Media later agreed to buy [[Scottish Television]]'s 20% stake in [[ITV Wales & West|HTV]]<ref name="Independent HTV stake">{{cite news|last=Mathew|first=Horsman|title=Hollick secures a stake in HTV as fight for franchises hots up|url=http://www.independent.co.uk/news/hollick-secures-a-stake-in-htv-as-fight-for-franchises-hots-up-1359962.html|accessdate=27 March 2012|newspaper=The Independent|date=25 October 1996}}</ref> and on 28 June 1997, HTV was taken over fully by UNM for £370 million.<ref name="Independent HTV takeover">{{cite news|last=Newman|first=Cathy|title=HTV succumbs to United News in pounds 370m takeover bid|url=http://www.independent.co.uk/news/business/htv-succumbs-to-united-news-in-pounds-370m-takeover-bid-1258407.html|accessdate=27 March 2012|newspaper=The Independent|date=28 June 1997}}</ref>

In 1999, plans emerged of a merger between UNM and rival [[Carlton Communications|Carlton]],<ref name="Telegraph timeline">{{cite news|title=ITV: 20 years of ups and downs|url=http://www.telegraph.co.uk/finance/8136696/ITV-20-years-of-ups-and-downs.html|accessdate=27 March 2012|newspaper=The Telegraph|date=16 November 2010}}</ref> however these talks failed when it appeared that Meridian would have to be sold off as a condition of the deal.<ref>{{cite news|last=Billings|first=Claire|title=United and Carlton call off merger|url=http://www.mediaweek.co.uk/news/129464/United-Carlton-call-off-merger/|accessdate=27 March 2012|newspaper=Media Week|date=21 July 2000}}</ref><ref name="Guardian timeline">{{cite news|title=Timeline: ITV 1955-today|url=http://www.guardian.co.uk/media/2003/oct/07/citynews.ITV|accessdate=27 March 2012|newspaper=Media Guardian|date=7 October 2003}}</ref> As a result, the television assets of UNM were sold to [[Granada PLC|Granada]], however due to regulations stating that the company could not control that large an audience share, the broadcasting arm of HTV was sold to Carlton in exchange for Central's 20% stake in Meridian.<ref name="Guardian timeline"/><ref name="BBC News UNM sale">{{cite news|title=United News sharpens focus|url=http://news.bbc.co.uk/1/hi/business/865609.stm|accessdate=27 March 2012|newspaper=BBC News|date=4 August 2000}}</ref><ref name="ITV plc History">{{cite web|title=History|url=http://www.itvplc.com/about/history|publisher=ITV plc|accessdate=27 March 2012}}</ref>

===Reorganisation since 2005===
In 2005 UBM re-focused on two principal businesses: PR Newswire, a global news distribution business; and CMP, an international events, print and online publishing business. It disposed of NOP which was acquired by '' [[GFK]]'' for £383 million in 2005.<ref>[http://www.prweek.com/uk/news/510285/UBM-sells-NOP-World-383m/ UBM sells NOP World for £383m]</ref> In September 2006, [[NewBay Media]] acquired CMP Entertainment Media from United Business Media<ref>[http://www.jegi.com/United-Business-Media-Sold%20CMP-to-Wicks-Group UBM Has Sold CMP Entertainment Media to The Wicks Group], [[The Jordan, Edmiston Group]], 13 September 2006 (retrieved 19 September 2010)</ref>

On 1 July 2008, as part of a reorganisation of the corporate structure of the Group, United Business Media Limited (UBML) was created as a new holding company and parent company of the Group. UBML is UK-listed and incorporated in Jersey.<ref>Annual report of UBML 2008/9 page 62.</ref> In 2010 the principal holding company of the United Business Media group (the “Group”) was organised into five operating segments:<ref>Notes to the parent company financial statements at 31 December 2010 P146. </ref> Events, TD & M, Data Services, Online and Print.<ref>Notes to the consolidated Financial statements 3 P88.</ref>

In September 2010, [[Canon Communications]] announced that it had agreed to be acquired by UBM.<ref>[http://www.prnewswire.com/news-releases/canon-communications-to-be-sold-to-united-business-media-transaction-expands-global-reach-of-canons-advanced-manufacturing-and-design-focus-103029489.html Canon Communications to be Sold to United Business Media; Transaction Expands Global Reach of Canon's Advanced Manufacturing and Design Focus]</ref>

In 2010, UBM launched DeusM, a marketing services company focused on creating online communities for business-to-business vendors.<ref>[http://www.btobonline.com/article/20101014/MEDIABUSINESS/101019906/ubm-launches-deusm-to-help-b-to-b-publishers-create-online-communities "UBM launches DeusM to help b-to-b publishers create online communities"], ''BtoB Media Business'', October 14, 2010. Retrieved January 30, 2013.</ref>

In May 2011, United Business Media officially changed its name to UBM plc.<ref>[http://www.ubm.com/ubm/media/releases/2011/2011-05-11/ United Business Media name change to UBM plc]</ref>

In February 2012 [[Yankee Group]] sold its annual 4G World telecoms and wireless trade show<ref>{{cite web|author=Mash Media Group Ltd |url=http://www.exhibitionworld.co.uk/newsdetails/1876/ubm-acquires-4g-world-exhibition-and-conference |title=UBM acquires 4G World exhibition and conference |publisher=Exhibition World |date= |accessdate=2013-03-30}}</ref> to UBM plc<ref>{{cite web|url=http://media.ubm.com/index.php?s=18069&item=121168 |title=UBM - News releases |publisher=Media.ubm.com |date= |accessdate=2013-03-30}}</ref> where it will be incorporated into its UBM Techweb division<ref>{{cite web|url=http://www.ubmtechweb.com/ |title=UBM Tech |publisher=Ubmtechweb.com |date=2013-01-31 |accessdate=2013-03-30}}</ref>

Briefing Media<ref>{{cite web|url=http://www.briefingmedia.com/ |title=Briefing Media |publisher=Briefingmedia.com |date= |accessdate=2013-03-30}}</ref> acquired UBM plc's UK agriculture and medical general practitioner portfolios for £10 million in February 2012<ref>{{cite web|url=http://media.ubm.com/index.php?s=18069&item=121086 |title=UBM - News releases |publisher=Media.ubm.com |date= |accessdate=2013-03-30}}</ref> whilst UBM plc announced the acquisition of four tradeshows in Asia for 19.4 million in the same month, marking UBM plc's continuing transformation into an events and B2B marketing services company<ref>{{cite web|url=http://media.ubm.com/index.php?s=18069&item=122686 |title=UBM - News releases |publisher=Media.ubm.com |date= |accessdate=2013-03-30}}</ref>

==Operations==
[[Image:Ludgate House 2008 07 09.jpg|thumb|right|Ludgate House, UBM's world headquarters in London]]

UBM distributes news and information and also offers media products to customers.<ref>[http://www.ubm.com/ubm/ourbusinesses/ UBM: Our businesses]</ref> Its businesses are ''RISI'', ''[[PR Newswire]]'', ''UBM Asia'', ''[[UBM Aviation]]'', ''UBM Built Environment'', ''[[UBM Canon]]'', ''UBM Conferences'', ''UBM Connect'', ''[[UBM Global Trade]]'', ''UBM Live'', ''UBM Medica'', ''UBM Awards'', ''UBM Studios'', ''UBM TechInsights'', ''[[UBM Tech]]'', and ''[[DeusM|UBM DeusM]]''. It also included CMP Information (CMPi) which was split into five separate businesses in 2008.<ref>[http://www.ubm.com/ubm/media/releases/2008/2008-07-02/ MP Information reorganised into five independent media and information businesses]</ref>
It is also a major shareholder of [[ITN]] and [[Press Association]].

UBM's media properties include:
{{div col|3}}
* [[4G World]]
* [[Black Hat Briefings]]
* [[Building (magazine)|Building]]
* [[Building Design]]
* [[CRN Magazine]]
* [[Datasheets.com]]
* DesignCon
* DESIGN West & DESIGN East
* [[Dr Dobbs Journal]]
* [[EDN (magazine)|EDN]]
* [[EE Times]]
* [[Game Developers Conference]], [[Game Developer magazine]], [[Gamasutra]]
* [[Information Week]]
* [[Internet Evolution]]
* [[Interop]]
* Medical Devices & Diagnostics Industry
* [[Official Airline Guide]]
* [[Official Guide of the Railways]]
* [[Packaging Digest]]
* PharmaLive
* Physicians Practice
* PlasticsToday
* [[Property Week]]
* [[Psychiatric Times]]
* Qmed
* [[Test & Measurement World]]
* [[The BrainYard]]
* [[The Journal of Commerce]]
* [[Travel Trade Gazette]]
{{div col end}}

==Major competitors==
UBM's main competitors are [[International Data Group]], [[Reed Elsevier]] and [[Nielsen Company|Nielsen]].

==References==
{{reflist|colwidth=30em}}

==External links==
*{{Official website|http://www.ubm.com }}

{{Media in the United Kingdom|comporg}}
{{FTSE 250 Index constituents}}

[[Category:United Business Media| ]]
[[Category:Media companies of the United Kingdom]]
[[Category:Companies based in London]]
[[Category:Companies listed on the London Stock Exchange]]
[[Category:Companies established in 1918]]

UBM plc

2013-01-16T19:53:31Z

WebHorizon: /* Operations */

{{use dmy dates|date=March 2012}}
{{Infobox Company
|company_name = UBM plc
|company_logo = [[File:UBM logo.png|UBM Logo]]
|company_type = [[Public limited company]]
|traded_as = {{lse|UBM}}
|foundation = 1918
|founder = [[David Lloyd George]]
|location = Ludgate House, [[London]], [[United Kingdom]]
|key_people = Dame Helen Alexander ([[Chairman]]) [[David Levin (businessman)|David Levin]] ([[CEO]])
|revenue = [[Pound sterling|£]]972.3 million (2011)<ref name=prelims>[http://investors.ubm.com/download/FY+2011+%28FULL+FINAL%29.pdf Preliminary Results 2011]</ref>
|operating_income = [[Pound sterling|£]]163.7 million (2011)<ref name=prelims/>
|net_income = [[Pound sterling|£]]86.1 million (2011)<ref name=prelims/>
|industry = [[Mass media|Media]]
|products = [[Magazines]] [[Trade fair|Exhibitions]] News Distribution
|num_employees = approx. 6,500
|homepage = [http://www.ubm.com/ www.ubm.com]
}}

'''UBM plc''' ({{lse|UBM}}) is a [[Multinational corporation|multinational]] media company headquartered in [[London]], [[United Kingdom]]. Its principal operations are live media and business-to-business communications, marketing services and data provision, and it principally serves the technology, healthcare, trade and transport, ingredients and fashion industries. UBM is listed on the [[London Stock Exchange]] and is a constituent of the [[FTSE 250 Index]].

==History==
The company was founded in 1918 as ''United Newspapers''<ref name=history>[http://www.unitedbusinessmedia.com/ubm/aboutus/ubmhistory/ UBM: History]</ref> by [[David Lloyd George]] to acquire the ''[[Daily Chronicle]]'' and ''[[Lloyd's Weekly Newspaper]]''. In 1929, the company merged with Provincial Newspapers, an owner of regional papers in the north; the next year, it sold its national papers.<ref name=funduni>{{cite web|url=http://www.fundinguniverse.com/company-histories/united-business-media-plc-history/|title=United Business Media plc History|accessdate=24 October 2012|publisher=Funding Universe}}</ref> The company continued for decades as a regional newspaper publisher, making acquisitions such as [[Yorkshire Post Newspapers]] in 1969.<ref name=funduni/>

The history of the companies that now make up UBM stretches back almost two hundred years to the Journal of Commerce which was founded and first published by [[Samuel Morse]] in 1827. Today, the Journal of Commerce is produced in both print and digital formats by [[UBM Global Trade]]. UBM businesses still publish many other titles that were launched in the 19th century, including ''Building'' magazine, launched in 1843 by Joseph Hansom, as well as Chemist & Druggist.<ref>[http://www.ubm.com/ubm/aboutus/ubmhistory/ UBM History]</ref>

It acquired ''[[PR Newswire]]'' in 1982.<ref name=history/> In 1985 it bought ''Express Newspapers'' and continued to publish the ''[[Daily Express]]'' for some 15 years.<ref name=history/> It changed its name to ''United News & Media'' in 1995,<ref name=history/> sold its regional papers in 1998, and bought ''CMP Media'' in 1999 for $920 million.<ref name=history/> In 2000, it sold the ''Daily Express'' to [[Richard Desmond]] and adopted the name of ''United Business Media''. It went on to acquire ''Commonwealth Business Media'' for $152 million in 2006.<ref>[http://findarticles.com/p/articles/mi_hb5606/is_/ai_n23601355 United Business Media buys Commonwealth Business Media for $152 million]</ref>

===Television interests===
MAI was part of a consortium which bid for the ITV south and south east area, which formed Meridian Broadcasting in 1991. MAI began to expand following the successful launch of Meridian: in 1994 the company bought [[ITV Anglia|Anglia Television]], the ITV franchise for the east of England,<ref name="Independent Anglia buyout">{{cite news|last=John|first=Murray|title=Heseltine clears way for Anglia TV bid|url=http://www.independent.co.uk/news/business/heseltine-clears-way-for-anglia-tv-bid-1395076.html|accessdate=27 March 2012|location=London|newspaper=The Independent|date=19 February 1994}}</ref> and the following year became a major shareholder in the consortium that won the franchise for [[Channel 5 (UK)|Channel 5]].<ref name="Ofcom ITV timeline">{{cite web|title=Key dates in the history of commercial TV|url=http://www.ofcom.org.uk/static/archive/itc/uk_television_sector/overview/key_dates.asp.html|work=An Overview of Television in the UK|publisher=Ofcom|accessdate=27 March 2012}}</ref> In 1996, MAI merged with United Newspapers (via an [[Mergers and acquisitions|agreed takeover]] by United) to form [[United News and Media]] (UNM). The resulting company owned the ''[[Daily Express]]'' newspaper, Meridian, Anglia, and a large shareholding (through the ''[[Yorkshire Post]]'') in [[Yorkshire Tyne Tees Television]], the owners of [[Yorkshire Television]] and [[Tyne Tees Television]].<ref>{{cite web|url=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/27568&EDATE= |title=PRNewsWire |publisher=PRNewsWire |date= |accessdate=2011-01-27}}</ref> The stake in Yorkshire Tyne Tees Television was sold to [[Granada PLC|Granada]], allowing them to take control of the two franchises in 1997. [[United News and Media]] later agreed to buy [[Scottish Television]]'s 20% stake in [[ITV Wales & West|HTV]]<ref name="Independent HTV stake">{{cite news|last=Mathew|first=Horsman|title=Hollick secures a stake in HTV as fight for franchises hots up|url=http://www.independent.co.uk/news/hollick-secures-a-stake-in-htv-as-fight-for-franchises-hots-up-1359962.html|accessdate=27 March 2012|newspaper=The Independent|date=25 October 1996}}</ref> and on 28 June 1997, HTV was taken over fully by UNM for £370 million.<ref name="Independent HTV takeover">{{cite news|last=Newman|first=Cathy|title=HTV succumbs to United News in pounds 370m takeover bid|url=http://www.independent.co.uk/news/business/htv-succumbs-to-united-news-in-pounds-370m-takeover-bid-1258407.html|accessdate=27 March 2012|newspaper=The Independent|date=28 June 1997}}</ref>

In 1999, plans emerged of a merger between UNM and rival [[Carlton Communications|Carlton]],<ref name="Telegraph timeline">{{cite news|title=ITV: 20 years of ups and downs|url=http://www.telegraph.co.uk/finance/8136696/ITV-20-years-of-ups-and-downs.html|accessdate=27 March 2012|newspaper=The Telegraph|date=16 November 2010}}</ref> however these talks failed when it appeared that Meridian would have to be sold off as a condition of the deal.<ref>{{cite news|last=Billings|first=Claire|title=United and Carlton call off merger|url=http://www.mediaweek.co.uk/news/129464/United-Carlton-call-off-merger/|accessdate=27 March 2012|newspaper=Media Week|date=21 July 2000}}</ref><ref name="Guardian timeline">{{cite news|title=Timeline: ITV 1955-today|url=http://www.guardian.co.uk/media/2003/oct/07/citynews.ITV|accessdate=27 March 2012|newspaper=Media Guardian|date=7 October 2003}}</ref> As a result, the television assets of UNM were sold to [[Granada PLC|Granada]], however due to regulations stating that the company could not control that large an audience share, the broadcasting arm of HTV was sold to Carlton in exchange for Central's 20% stake in Meridian.<ref name="Guardian timeline"/><ref name="BBC News UNM sale">{{cite news|title=United News sharpens focus|url=http://news.bbc.co.uk/1/hi/business/865609.stm|accessdate=27 March 2012|newspaper=BBC News|date=4 August 2000}}</ref><ref name="ITV plc History">{{cite web|title=History|url=http://www.itvplc.com/about/history|publisher=ITV plc|accessdate=27 March 2012}}</ref>

In 2000, its television interests, were sold to [[Granada plc]]. Granada acquired [[Meridian Broadcasting]] and [[Anglia Television]];<ref name=history/> but were forced to sell the [[ITV Wales & West|HTV]] broadcasting business (to Carlton) for competition reasons, though it held onto HTV's network production business.

===2000 to present===
In 2005 UBM re-focused on two principal businesses: PR Newswire, a global news distribution business; and CMP, an international events, print and online publishing business. It disposed of NOP which was acquired by '' [[GFK]]'' for £383 million in 2005. <ref>[http://www.prweek.com/uk/news/510285/UBM-sells-NOP-World-383m/ UBM sells NOP World for £383m]</ref> In September 2006, [[NewBay Media]] acquired '''CMP Entertainment Media''' from United Business Media <ref>[http://www.jegi.com/United-Business-Media-Sold%20CMP-to-Wicks-Group UBM Has Sold CMP Entertainment Media to The Wicks Group], [[The Jordan, Edmiston Group]], 13 September 2006 (retrieved 19 September 2010)</ref>

On 1 July 2008, as part of a reorganisation of the corporate structure of the Group, United Business Media Limited (UBML) was created as a new holding company and parent company of the Group. UBML is UK-listed and incorporated in Jersey.<ref>Annual report of UBML 2008/9 page 62.</ref> In 2010 the principal holding company of the United Business Media group (the “Group”) was organised in to five operating segments: <ref>Notes to the parent company financial statements at 31 December 2010 P146. </ref> Events, TD & M, Data Services, Online and Print. <ref>Notes to the consolidated Finacnial statements 3 P88.</ref>

In September 2010, [[Canon Communications]] announced that it had agreed to be acquired by UBM.<ref>[http://www.prnewswire.com/news-releases/canon-communications-to-be-sold-to-united-business-media-transaction-expands-global-reach-of-canons-advanced-manufacturing-and-design-focus-103029489.html Canon Communications to be Sold to United Business Media; Transaction Expands Global Reach of Canon's Advanced Manufacturing and Design Focus]</ref> In May 2011, United Business Media officially changed its name to UBM plc.<ref>[http://www.ubm.com/ubm/media/releases/2011/2011-05-11/ United Business Media name change to UBM plc]</ref>

In February 2012 [[Yankee Group]] sold its annual 4G World telecoms and wireless trade show <ref>[http://www.exhibitionworld.co.uk/newsdetails/1876/ubm-acquires-4g-world-exhibition-and-conference]</ref> to UBM plc<ref>[http://media.ubm.com/index.php?s=18069&item=121168]</ref> where it will be incorporated in to its UBM Techweb division<ref>[http://www.ubmtechweb.com/]</ref>

Briefing Media <ref>[http://www.briefingmedia.com/]</ref> acquired UBM plc's UK agriculture and medical general practitioner portfolios for £10 million in February 2012 <ref>[http://media.ubm.com/index.php?s=18069&item=121086]</ref> whilst UBM plc announced the acquisition of four tradeshows in Asia for 19.4 million in the same month, marking UBM plc's continuing transformation into an events and B2B marketing services company <ref>[http://media.ubm.com/index.php?s=18069&item=122686]</ref>

==Operations==
[[Image:Ludgate House 2008 07 09.jpg|thumb|right|Ludgate House, UBM's world headquarters in London]]

The Company distributes news and information and also offers media products to customers.<ref>[http://www.ubm.com/ubm/ourbusinesses/ United Business Media: Our businesses]</ref> Its businesses are ''UBM Channel'', ''RISI'', ''[[PR Newswire]]'', ''UBM Asia'', ''[[UBM Aviation]]'', ''UBM Built Environment'', ''[[UBM Canon]]'', ''UBM Conferences'', ''UBM Connect'', ''UBM Electronics'', ''[[UBM Global Trade]]'', ''UBM Live'', ''UBM Medica'', ''UBM Awards'', ''UBM Studios'', ''UBM TechInsights'', ''[[UBM TechWeb]]'', and ''DeusM''. It also included CMP Information (CMPi) which was split into five separate businesses in 2008.<ref>[http://www.ubm.com/ubm/media/releases/2008/2008-07-02/ MP Information reorganised into five independent media and information businesses] </ref>
It is also a major shareholder of [[ITN]] and [[Press Association]].

The Company's media properties include:
{{div col|3}}
* [[4G World]]
* [[Black Hat Briefings]]
* [[Building (magazine)|Building]]
* [[Building Design]]
* [[CRN Magazine]]
* [[Datasheets.com]]
* [[Dr Dobbs Journal]]
* [[EDN (magazine)|EDN]]
* [[EE Times]]
* [[Game Developers Conference]], [[Game Developer magazine]], [[Gamasutra]]
* [[Information Week]]
* [[Internet Evolution]]
* [[Interop]]
* Medical Devices & Diagnostics Industry
* [[Official Airline Guide]]
* [[Official Guide of the Railways]]
* [[Packaging Digest]]
* PharmaLive
* Physicians Practice
* PlasticsToday
* [[Property Week]]
* [[Psychiatric Times]]
* Qmed
* [[Test & Measurement World]]
* [[The BrainYard]]
* [[The Journal of Commerce]]
* [[Travel Trade Gazette]]
{{div col end}}

==Major competitors==
UBM's main competitors are [[International Data Group]], [[Reed Elsevier]] and [[Nielsen Company|Nielsen]].

==References==
{{reflist}}

==External links==
*{{Official website|http://www.ubm.com }}

{{Media in the United Kingdom|comporg}}
{{FTSE 250 Index constituents}}

[[Category:United Business Media| ]]
[[Category:Media companies of the United Kingdom]]
[[Category:Companies based in London]]
[[Category:Companies listed on the London Stock Exchange]]
[[Category:Companies established in 1918]]

UBM plc

2013-01-16T19:52:52Z

WebHorizon: /* Operations */ added DeusM

{{use dmy dates|date=March 2012}}
{{Infobox Company
|company_name = UBM plc
|company_logo = [[File:UBM logo.png|UBM Logo]]
|company_type = [[Public limited company]]
|traded_as = {{lse|UBM}}
|foundation = 1918
|founder = [[David Lloyd George]]
|location = Ludgate House, [[London]], [[United Kingdom]]
|key_people = Dame Helen Alexander ([[Chairman]]) [[David Levin (businessman)|David Levin]] ([[CEO]])
|revenue = [[Pound sterling|£]]972.3 million (2011)<ref name=prelims>[http://investors.ubm.com/download/FY+2011+%28FULL+FINAL%29.pdf Preliminary Results 2011]</ref>
|operating_income = [[Pound sterling|£]]163.7 million (2011)<ref name=prelims/>
|net_income = [[Pound sterling|£]]86.1 million (2011)<ref name=prelims/>
|industry = [[Mass media|Media]]
|products = [[Magazines]] [[Trade fair|Exhibitions]] News Distribution
|num_employees = approx. 6,500
|homepage = [http://www.ubm.com/ www.ubm.com]
}}

'''UBM plc''' ({{lse|UBM}}) is a [[Multinational corporation|multinational]] media company headquartered in [[London]], [[United Kingdom]]. Its principal operations are live media and business-to-business communications, marketing services and data provision, and it principally serves the technology, healthcare, trade and transport, ingredients and fashion industries. UBM is listed on the [[London Stock Exchange]] and is a constituent of the [[FTSE 250 Index]].

==History==
The company was founded in 1918 as ''United Newspapers''<ref name=history>[http://www.unitedbusinessmedia.com/ubm/aboutus/ubmhistory/ UBM: History]</ref> by [[David Lloyd George]] to acquire the ''[[Daily Chronicle]]'' and ''[[Lloyd's Weekly Newspaper]]''. In 1929, the company merged with Provincial Newspapers, an owner of regional papers in the north; the next year, it sold its national papers.<ref name=funduni>{{cite web|url=http://www.fundinguniverse.com/company-histories/united-business-media-plc-history/|title=United Business Media plc History|accessdate=24 October 2012|publisher=Funding Universe}}</ref> The company continued for decades as a regional newspaper publisher, making acquisitions such as [[Yorkshire Post Newspapers]] in 1969.<ref name=funduni/>

The history of the companies that now make up UBM stretches back almost two hundred years to the Journal of Commerce which was founded and first published by [[Samuel Morse]] in 1827. Today, the Journal of Commerce is produced in both print and digital formats by [[UBM Global Trade]]. UBM businesses still publish many other titles that were launched in the 19th century, including ''Building'' magazine, launched in 1843 by Joseph Hansom, as well as Chemist & Druggist.<ref>[http://www.ubm.com/ubm/aboutus/ubmhistory/ UBM History]</ref>

It acquired ''[[PR Newswire]]'' in 1982.<ref name=history/> In 1985 it bought ''Express Newspapers'' and continued to publish the ''[[Daily Express]]'' for some 15 years.<ref name=history/> It changed its name to ''United News & Media'' in 1995,<ref name=history/> sold its regional papers in 1998, and bought ''CMP Media'' in 1999 for $920 million.<ref name=history/> In 2000, it sold the ''Daily Express'' to [[Richard Desmond]] and adopted the name of ''United Business Media''. It went on to acquire ''Commonwealth Business Media'' for $152 million in 2006.<ref>[http://findarticles.com/p/articles/mi_hb5606/is_/ai_n23601355 United Business Media buys Commonwealth Business Media for $152 million]</ref>

===Television interests===
MAI was part of a consortium which bid for the ITV south and south east area, which formed Meridian Broadcasting in 1991. MAI began to expand following the successful launch of Meridian: in 1994 the company bought [[ITV Anglia|Anglia Television]], the ITV franchise for the east of England,<ref name="Independent Anglia buyout">{{cite news|last=John|first=Murray|title=Heseltine clears way for Anglia TV bid|url=http://www.independent.co.uk/news/business/heseltine-clears-way-for-anglia-tv-bid-1395076.html|accessdate=27 March 2012|location=London|newspaper=The Independent|date=19 February 1994}}</ref> and the following year became a major shareholder in the consortium that won the franchise for [[Channel 5 (UK)|Channel 5]].<ref name="Ofcom ITV timeline">{{cite web|title=Key dates in the history of commercial TV|url=http://www.ofcom.org.uk/static/archive/itc/uk_television_sector/overview/key_dates.asp.html|work=An Overview of Television in the UK|publisher=Ofcom|accessdate=27 March 2012}}</ref> In 1996, MAI merged with United Newspapers (via an [[Mergers and acquisitions|agreed takeover]] by United) to form [[United News and Media]] (UNM). The resulting company owned the ''[[Daily Express]]'' newspaper, Meridian, Anglia, and a large shareholding (through the ''[[Yorkshire Post]]'') in [[Yorkshire Tyne Tees Television]], the owners of [[Yorkshire Television]] and [[Tyne Tees Television]].<ref>{{cite web|url=http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/27568&EDATE= |title=PRNewsWire |publisher=PRNewsWire |date= |accessdate=2011-01-27}}</ref> The stake in Yorkshire Tyne Tees Television was sold to [[Granada PLC|Granada]], allowing them to take control of the two franchises in 1997. [[United News and Media]] later agreed to buy [[Scottish Television]]'s 20% stake in [[ITV Wales & West|HTV]]<ref name="Independent HTV stake">{{cite news|last=Mathew|first=Horsman|title=Hollick secures a stake in HTV as fight for franchises hots up|url=http://www.independent.co.uk/news/hollick-secures-a-stake-in-htv-as-fight-for-franchises-hots-up-1359962.html|accessdate=27 March 2012|newspaper=The Independent|date=25 October 1996}}</ref> and on 28 June 1997, HTV was taken over fully by UNM for £370 million.<ref name="Independent HTV takeover">{{cite news|last=Newman|first=Cathy|title=HTV succumbs to United News in pounds 370m takeover bid|url=http://www.independent.co.uk/news/business/htv-succumbs-to-united-news-in-pounds-370m-takeover-bid-1258407.html|accessdate=27 March 2012|newspaper=The Independent|date=28 June 1997}}</ref>

In 1999, plans emerged of a merger between UNM and rival [[Carlton Communications|Carlton]],<ref name="Telegraph timeline">{{cite news|title=ITV: 20 years of ups and downs|url=http://www.telegraph.co.uk/finance/8136696/ITV-20-years-of-ups-and-downs.html|accessdate=27 March 2012|newspaper=The Telegraph|date=16 November 2010}}</ref> however these talks failed when it appeared that Meridian would have to be sold off as a condition of the deal.<ref>{{cite news|last=Billings|first=Claire|title=United and Carlton call off merger|url=http://www.mediaweek.co.uk/news/129464/United-Carlton-call-off-merger/|accessdate=27 March 2012|newspaper=Media Week|date=21 July 2000}}</ref><ref name="Guardian timeline">{{cite news|title=Timeline: ITV 1955-today|url=http://www.guardian.co.uk/media/2003/oct/07/citynews.ITV|accessdate=27 March 2012|newspaper=Media Guardian|date=7 October 2003}}</ref> As a result, the television assets of UNM were sold to [[Granada PLC|Granada]], however due to regulations stating that the company could not control that large an audience share, the broadcasting arm of HTV was sold to Carlton in exchange for Central's 20% stake in Meridian.<ref name="Guardian timeline"/><ref name="BBC News UNM sale">{{cite news|title=United News sharpens focus|url=http://news.bbc.co.uk/1/hi/business/865609.stm|accessdate=27 March 2012|newspaper=BBC News|date=4 August 2000}}</ref><ref name="ITV plc History">{{cite web|title=History|url=http://www.itvplc.com/about/history|publisher=ITV plc|accessdate=27 March 2012}}</ref>

In 2000, its television interests, were sold to [[Granada plc]]. Granada acquired [[Meridian Broadcasting]] and [[Anglia Television]];<ref name=history/> but were forced to sell the [[ITV Wales & West|HTV]] broadcasting business (to Carlton) for competition reasons, though it held onto HTV's network production business.

===2000 to present===
In 2005 UBM re-focused on two principal businesses: PR Newswire, a global news distribution business; and CMP, an international events, print and online publishing business. It disposed of NOP which was acquired by '' [[GFK]]'' for £383 million in 2005. <ref>[http://www.prweek.com/uk/news/510285/UBM-sells-NOP-World-383m/ UBM sells NOP World for £383m]</ref> In September 2006, [[NewBay Media]] acquired '''CMP Entertainment Media''' from United Business Media <ref>[http://www.jegi.com/United-Business-Media-Sold%20CMP-to-Wicks-Group UBM Has Sold CMP Entertainment Media to The Wicks Group], [[The Jordan, Edmiston Group]], 13 September 2006 (retrieved 19 September 2010)</ref>

On 1 July 2008, as part of a reorganisation of the corporate structure of the Group, United Business Media Limited (UBML) was created as a new holding company and parent company of the Group. UBML is UK-listed and incorporated in Jersey.<ref>Annual report of UBML 2008/9 page 62.</ref> In 2010 the principal holding company of the United Business Media group (the “Group”) was organised in to five operating segments: <ref>Notes to the parent company financial statements at 31 December 2010 P146. </ref> Events, TD & M, Data Services, Online and Print. <ref>Notes to the consolidated Finacnial statements 3 P88.</ref>

In September 2010, [[Canon Communications]] announced that it had agreed to be acquired by UBM.<ref>[http://www.prnewswire.com/news-releases/canon-communications-to-be-sold-to-united-business-media-transaction-expands-global-reach-of-canons-advanced-manufacturing-and-design-focus-103029489.html Canon Communications to be Sold to United Business Media; Transaction Expands Global Reach of Canon's Advanced Manufacturing and Design Focus]</ref> In May 2011, United Business Media officially changed its name to UBM plc.<ref>[http://www.ubm.com/ubm/media/releases/2011/2011-05-11/ United Business Media name change to UBM plc]</ref>

In February 2012 [[Yankee Group]] sold its annual 4G World telecoms and wireless trade show <ref>[http://www.exhibitionworld.co.uk/newsdetails/1876/ubm-acquires-4g-world-exhibition-and-conference]</ref> to UBM plc<ref>[http://media.ubm.com/index.php?s=18069&item=121168]</ref> where it will be incorporated in to its UBM Techweb division<ref>[http://www.ubmtechweb.com/]</ref>

Briefing Media <ref>[http://www.briefingmedia.com/]</ref> acquired UBM plc's UK agriculture and medical general practitioner portfolios for £10 million in February 2012 <ref>[http://media.ubm.com/index.php?s=18069&item=121086]</ref> whilst UBM plc announced the acquisition of four tradeshows in Asia for 19.4 million in the same month, marking UBM plc's continuing transformation into an events and B2B marketing services company <ref>[http://media.ubm.com/index.php?s=18069&item=122686]</ref>

==Operations==
[[Image:Ludgate House 2008 07 09.jpg|thumb|right|Ludgate House, UBM's world headquarters in London]]

The Company distributes news and information and also offers media products to customers.<ref>[http://www.ubm.com/ubm/ourbusinesses/ United Business Media: Our businesses]</ref> Its businesses are ''UBM Channel'', ''RISI'', ''[[PR Newswire]]'', ''UBM Asia'', ''[[UBM Aviation]]'', ''UBM Built Environment'', ''[[UBM Canon]]'', ''UBM Conferences'', ''UBM Connect'', ''UBM Electronics'', ''[[UBM Global Trade]]'', ''UBM Live'', ''UBM Medica'', ''UBM Awards'', ''UBM Studios'', ''UBM TechInsights'', ''[[UBM TechWeb]]'', and DeusM. It also included CMP Information (CMPi) which was split into five separate businesses in 2008.<ref>[http://www.ubm.com/ubm/media/releases/2008/2008-07-02/ MP Information reorganised into five independent media and information businesses] </ref>
It is also a major shareholder of [[ITN]] and [[Press Association]].

The Company's media properties include:
{{div col|3}}
* [[4G World]]
* [[Black Hat Briefings]]
* [[Building (magazine)|Building]]
* [[Building Design]]
* [[CRN Magazine]]
* [[Datasheets.com]]
* [[Dr Dobbs Journal]]
* [[EDN (magazine)|EDN]]
* [[EE Times]]
* [[Game Developers Conference]], [[Game Developer magazine]], [[Gamasutra]]
* [[Information Week]]
* [[Internet Evolution]]
* [[Interop]]
* Medical Devices & Diagnostics Industry
* [[Official Airline Guide]]
* [[Official Guide of the Railways]]
* [[Packaging Digest]]
* PharmaLive
* Physicians Practice
* PlasticsToday
* [[Property Week]]
* [[Psychiatric Times]]
* Qmed
* [[Test & Measurement World]]
* [[The BrainYard]]
* [[The Journal of Commerce]]
* [[Travel Trade Gazette]]
{{div col end}}

==Major competitors==
UBM's main competitors are [[International Data Group]], [[Reed Elsevier]] and [[Nielsen Company|Nielsen]].

==References==
{{reflist}}

==External links==
*{{Official website|http://www.ubm.com }}

{{Media in the United Kingdom|comporg}}
{{FTSE 250 Index constituents}}

[[Category:United Business Media| ]]
[[Category:Media companies of the United Kingdom]]
[[Category:Companies based in London]]
[[Category:Companies listed on the London Stock Exchange]]
[[Category:Companies established in 1918]]

UBM plc

2011-08-19T18:52:26Z

WebHorizon: /* Operations */ added media property

{{Infobox Company |
company_name = UBM plc|
company_logo = [[File:UBM logo.png|UBM Logo]] |
company_type = [[Public limited company]] ({{lse|UBM}})|
foundation = 1918|
company_slogan = We Explore, We Exceed, You Excel|
location = Ludgate House, [[London]], [[United Kingdom]]|
key_people = John Botts, ([[Chairman]]) [[David Levin (businessman)|David Levin]], ([[CEO]])|
revenue = [[Pound sterling|£]]889.2 million (2010)<ref name=AR>[http://www.investis.com/u/ubm/docs/annual_report_2010.pdf Annual Report 2010]</ref>|
operating_income = [[Pound sterling|£]]143.2 million (2010)<ref name=AR/>|
net_income = [[Pound sterling|£]]99.4 million (2010)<ref name=AR/>|
industry = [[Mass media|Media]]|
products = [[Magazines]] [[Trade fair|Exhibitions]] News Distribution|
num_employees = |
homepage = [http://www.ubm.com/ www.ubm.com]
}}

'''UBM plc''' ({{lse|UBM}}) is a business providing business information services principally to the technology, healthcare, media, automotive and financial services industries. It is listed on the [[London Stock Exchange]] and is a constituent of the [[FTSE 250 Index]].

==History==
The Company was founded in 1918 as ''United Newspapers''<ref name=history>[http://www.unitedbusinessmedia.com/ubm/aboutus/ubmhistory/ UBM: History]</ref> by [[David Lloyd George]] to acquire the ''[[Daily Chronicle]]'' and ''[[Lloyd's Weekly Newspaper]]''. In 1929, the company merged with Provincial Newspapers, an owner of regional papers in the north; the next year, it sold its national papers. The company continued for decades as a regional newspaper publisher, making acquisitions such as [[Yorkshire Post Newspapers]] in 1969.

It acquired ''[[PR Newswire]]'' in 1982.<ref name=history/> In 1985 it bought ''Express Newspapers'' and continued to publish the ''[[Daily Express]]'' for some 15 years.<ref name=history/> It changed its name to ''United News & Media'' in 1995,<ref name=history/> sold its regional papers in 1998, and bought ''CMP Media'' in 1999 for $920 million.<ref name=history/> In 2000, it sold the ''Daily Express'' to [[Richard Desmond]] and adopted its current name of ''United Business Media''. It went on to acquire ''Commonwealth Business Media'' for $152 million in 2006.<ref>[http://findarticles.com/p/articles/mi_hb5606/is_/ai_n23601355 United Business Media buys Commonwealth Business Media for $152 million]</ref>

The history of the companies that now make up UBM stretches back almost two hundred years to the Journal of Commerce which was founded and first published by Samuel Morse - of Morse Code fame - in 1827. Today, the Journal of Commerce is produced in both print and digital formats by [[UBM Global Trade]]. UBM businesses still publish many other titles that were launched in the 19th century, including Building magazine, launched in 1843 by Joseph Hansom, as well as Chemist & Druggist.<ref>[http://www.ubm.com/ubm/aboutus/ubmhistory/ UBM History]</ref>

In September 2006, [[NewBay Media]] acquired '''CMP Entertainment Media''' from United Business Media which included the magazines ''Guitar Player'', ''Bass Player'', ''Keyboard'', ''Pro Sound News'', ''Systems Contractor News'', ''Residential Systems'', ''Videography'', ''Government Video'', ''DV'', ''Technology & Learning'', and ''Television Broadcast''.<ref>[http://www.jegi.com/United-Business-Media-Sold%20CMP-to-Wicks-Group UBM Has Sold CMP Entertainment Media to The Wicks Group], [[The Jordan, Edmiston Group]], 13 September 2006 (retrieved 19 September 2010)</ref>

On 1 July 2008, as part of a reorganisation of the corporate structure of the Group, United Business Media Limited (UBML) was created as a new holding company and parent company of the Group. UBML is UK-listed and incorporated in Jersey.<ref>Annual report of UBML 2008/9 page 62.</ref>

In September 2010, [[Canon Communications]] announced that it had agreed to be acquired by UBM.<ref>[http://www.prnewswire.com/news-releases/canon-communications-to-be-sold-to-united-business-media-transaction-expands-global-reach-of-canons-advanced-manufacturing-and-design-focus-103029489.html Canon Communications to be Sold to United Business Media; Transaction Expands Global Reach of Canon's Advanced Manufacturing and Design Focus]</ref>

In May 2011, United Business Media officially changed its name to UBM plc<ref>[http://www.ubm.com/ubm/media/releases/2011/2011-05-11/ United Business Media name change to UBM plc]</ref>.

==Operations==
The Company distributes news and information and also offers media products to customers.<ref>[http://www.ubm.com/ubm/ourbusinesses/ United Business Media: Our businesses]</ref> Its businesses are ''Everything Channel'', ''RISI'', ''[[PR Newswire]]'', ''UBM Asia'', ''[[UBM Aviation]]'', ''UBM Built Environment'', ''[[UBM Canon]]'', ''UBM Conferences'', ''UBM Connect'', ''UBM Electronics'', ''[[UBM Global Trade]]'', ''UBM Live'', ''UBM Medica'', ''UBM TechInsights'', and ''[[UBM TechWeb]]''. It also included CMP Information (CMPi) which was split into five separate businesses in 2008.<ref>[http://www.ubm.com/ubm/media/releases/2008/2008-07-02/ CMP Information reorganised into five independent media and information businesses]</ref>
It is also a major shareholder of [[ITN]] and [[Press Association]].

The Company's media properties include:
* [[EE Times]]
* [[EDN (magazine)|EDN]]
* [[Packaging Digest]]
* [[Test & Measurement World]]
* [[Med Ad News]]
* [[The Journal of Commerce]]
* [[Official Airline Guide]]
* [[Official Guide of the Railways]]
* [[Building (magazine)|Building]]
* [[Building Design]]
* [[Information Week]]
* [[Internet Evolution]]
* [[Dr Dobbs Journal]]
* [[Interop]]
* [[Black Hat Briefings]]
* [[The BrainYard]]
* [[CRN Magazine]]
* [[Travel Trade Gazette]]
* [[The Publican]]
* [[Farmers Guardian]]
* [[Property Week]]
* [[Datasheets.com]]
* [[Pulse (magazine)|Pulse]]
* [[Music Week]]
* [[Daltons]]
* [[Game Developers Conference]], [[Game Developer magazine]], [[Gamasutra]]
* Barbour ABI
* Qmed
* Medical Devices & Diagnostics Industry
* PharmaLive
* Packaging Digest
* PlasticsToday
* Barbour Product Search
* Psychiatric Times

[[Image:Ludgate House 2008 07 09.jpg|thumb|right|Ludgate House, headquarters]]

It main competitors are [[International Data Group]], [[Reed Elsevier]] and [[Nielsen Company|Nielsen]].

==References==
{{reflist}}

==External links==
*[http://www.ubm.com Official site]
*[http://events.ubm.com UBM Tradeshow and Conference event listings]

{{Media in the United Kingdom|comporg}}
{{FTSE 250 Index constituents}}

[[Category:UBM| ]]
[[Category:Media companies of the United Kingdom]]
[[Category:Companies based in London]]
[[Category:Companies listed on the London Stock Exchange]]
[[Category:Companies established in 1918]]