Attend a special evening hosted by Mike Atherton
It is not the sexiest publishing sector, but business to business (B2B) companies are enjoying a moment in the sun. The marriage of Thomson and Reuters, the smaller acquisition of Datamonitor by Informa, and of Wilmington Media’s WDIS by Optima raises the question: who is next? Reed Elsevier’s shares surged after it was described as “the perfect LBO”. However, that could be said of any B2B player. United Business Media’s PR Newswire looks especially tasty, as does Emap Communications. Others include Euromoney, Centaur and Reed Elsevier’s Lexis Nexis or Butterworths division.
Private equity houses are sniffing around, lured by a business model with solid revenue from subscription renewals rather than less stable advertising and titles with niche strongholds. Reuters-Thomson board proposals notably omitted details of the fate that awaits certain key senior executives – one being Sharon Rowlands, the president and managing director of Thomson Financial. Despite reassurances from Tom Glocer that job cuts would not be necessary, Ms Rowlands sent an internal webcast to Thomson Financial staff warning of losses, one source said. She missed out on the chief executive slots at both the professional division and at Reuters, to her Thomson colleague Jim Smith and Reuters’s Devin Wenig. Ms Rowlands has been offered a new senior position, but details have not been announced.

Richard Huntingford, the chief executive of Chrysalis, said that the group was considering “proposals” as well as offers to rescue its radio division. Given predictions that “a third way” is very much on the cards, a tie-up with GMG Media, with which it already shares a salesforce, could be the easiest option.

Employers take note: it is not just Prince William who has turned to Facebook. While staff are unlikely to criticise their bosses on the social-networking site that has soared to popularity among twenty to thirtysomethings, they are keen to pledge their allegiances. One group calling itself “I work for the wonderful company that is GCap Media!” boasts 156 members; the more modest “I work for GMG Radio” has 19. In the group “UK Radio People”, one member sweetly wishes others a “Happy Rajar Day”. Who needs staff satisfaction surveys?
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
1998
£47,955
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
Check your free Experian credit report before applying
Car Insurance
£353 per day
Phonepay Plus
London
PwC’s Consulting practice helps businesses of all shapes and sizes work smarter and grow faster
PwC
£37,000
Department for Culture, Media and Sport
London
Currently £36,285
Department for Culture, Media and Sport
London
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Accommodation, flights, tickets to the race and a KL city tour for only £999pp
PremierHolidays.co.uk
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.