United Business Media (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.
[edit] History
The Company was founded in 1918 as United Newspapers.[1] It acquired PR Newswire in 1982.[1] In 1985 it bought Express Newspapers and continued to publish the Daily Express for some 15 years.[1] It changed its name to United News & Media in 1995[1] and bought CMP Media in 1999.[1] In 2000 it adopted its current name of United Business Media. It went on to acquire Commonwealth Business Media for $152 million in 2006.[2]
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.[3]
[edit] Operations
The Company distributes news and information and also offers media products to customers.[4] Its businesses include PR Newswire, UBM Global Trade, UBM Aviation, UBM Asia, CMPMedica, TechWeb, Everything Channel, TechInsights, Think Services and the Miller Freeman publishing imprint. It also included CMP Information (CMPi) which was split into five separate businesses in 2008[5], UBM International Media, UBM Live, UBM Built Environment, UBM BEAM and UBM Conferences.
It is also a major shareholder of ITN and Press Association.
The Company's media properties include:
Ludgate House, headquarters
It main competitors are International Data Group, Reed Elsevier and Nielsen.
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[edit] External links
