AI Global Media

Last updated

A.I. Global Media Limited
Company typePrivate company limited by shares
IndustryPublishing
Founded2010
HeadquartersBurton upon Trent, Staffordshire
ProductsOnline magazines
ServicesVanity Awards
Not disclosed (2017)
Total assets £6,639 (2017)
Total equity £1 (1 x £1 share paid up)
OwnerBlakenhall Media Limited
Number of employees
87 (2017)
Website www.ai-globalmedia.com

A.I. Global Media Limited (AI) is a British organiser of a range of vanity awards and publisher of online magazines. The winners of these awards are invited to purchase publicity in the company's online magazines, and other marketing material such as trophies and logos. [1] The company was founded in 2010 and is based in Staffordshire. The company is under the control of Blakenhall Media Limited since 2016. [2]

Contents

History and financials

The company was incorporated in October 2010 and is registered in Burton upon Trent, Staffordshire. For the year ended 31 December 2016 the company made a profit of £768,998 (2015, £548,141) and had net assets on its balance sheet of £551,867 (2015, £448,705). The average number of people employed during the year was 73 (2015, 26). The company's issued share capital is £1. [2]

For the year ended 31 December 2017, the company had net assets on its balance sheet of £6,639. The average number of people employed during the year was 87. No profit and loss account was included within its accounts but the 2016 profit was restated as £411,165, down from £768,998, relating to bad debts and expenditure moved to the revenue account which had been treated as capital expenditure in the original accounts. [2]

Awards

AI Global Media produce a range of awards, the highly specific categorisation of which has been commented on by the New Zealand Law Society who gave the example of "Dental Law Firm of the Year – UK", [3] while Capcora was awarded "Best Real Asset Advisory Boutique Germany", [4] and a small accountancy firm won "Accountant of the Year – Essex". [5] In 2017, V12, a footwear manufacturer, won two awards, including "Most Outstanding Oil and Gas Safety Footwear Provider" at the AI Global Excellence Awards. [6]

For the Wealth & Finance International Awards 2016, AccountingWeb commented, "I have no idea why they think anyone would be gullible enough to hand over money", noting the choice of offers from the "Cutting-Edge Package" at £300, to the "Elite Package" at £1400, which includes a trophy and a double-page article/ad in Wealth & Finance International magazine. [1]

Their awards include the Acquisition International M&A Awards, the AI Global Excellence Awards, the AI Hedge Fund Awards, the Banking Excellence Awards, the Build Magazine Awards, the Influential Businesswoman Awards, the North American Excellence Awards, the TMT Media Awards, the Wealth & Finance International Alternative Investment Awards, and the Wealth & Finance International Awards.

Controversy

In August 2018, the Advertising Standards Authority upheld a complaint against AI Global Media to the effect that in two marketing emails they had implied an award had been given after a "meticulous and extensive" selection process involving significant voting by third parties, when in fact it appeared nominees were selected indiscriminately in bulk, large numbers of nominees could win awards not least because the categories for the awards were selected with a view to making as many awards as possible, and there were not a significant number of third-party votes. They also found that the first of these emails had misleadingly represented itself as being a legitimate email about an awards process not a marketing communication; they also noted that "Build", the Al magazine in question, "did very little to promote the award winners who had not purchased the advertising packages". [7]

In June 2024, it was reported that one of AI Global Media's publications, SME News, had awarded former lawyer Alan Blacker two awards for legal services, despite the fact he had been struck off the role of solicitors in 2016 and had a number of criminal convictions. [8] A week later it was then reported that SME News had revoked the awards, [9] but provided no explanation as to how the award had been 'won' in the first place given Blacker had not practiced as legal a professional for some 8 years.

Magazines

AI Global Media publish a number of online magazines [10] using the issuu platform [11] and hosted on their own servers:

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References

  1. 1 2 "Here we go again – Wealth and Finance Awards 2016". AccountingWEB. 13 April 2016. Retrieved 31 July 2017.
  2. 1 2 3 A.I. Global Media Limited. Companies House. Retrieved 6 September 2017.
  3. ↑ "The world of prizes – NZ Law Society". lawsociety.org.nz. Retrieved 30 July 2017.
  4. ↑ Capcora has been awared[sic] by AI Global Media as Best Real Asset Advisory Boutique Germany. Capcora. Retrieved 31 July 2017.
  5. ↑ Accountant of the Year – Essex. CH Accountancy. Retrieved 31 July 2017.
  6. ↑ V12 wins twice at the Acquisition International Awards. V12. Retrieved 31 July 2017.
  7. ↑ Committee of Advertising Practice, Advertising Standards Authority. "AI Global Media Ltd". www.asa.org.uk. Retrieved 12 April 2019.
  8. ↑ Scrivener, Neil (14 June 2024). "AI Global Media awards struck off and convicted lawyer award". SLAPP's - Strategic Lawsuits Against Public Participation. Retrieved 25 July 2024.
  9. ↑ "EXCLUSIVE Legal awards company revokes dodgy prizes | RollOnFriday". www.rollonfriday.com. Retrieved 25 July 2024.
  10. ↑ Brands, ai-globalmedia.com. Retrieved 23 October 2018.
  11. ↑ AI Global Media. issuu. Retrieved 31 July 2017.
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