From Wikipedia, the free encyclopedia
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.
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]
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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