|Fate||Acquired by Informa|
|Founder||David Lloyd George|
|Headquarters||London, England, UK|
|Greg Lock (Acting Chairman)|
Tim Cobbold (CEO)
|Products|| Exhibitions |
|Revenue||£1,002.9 million (2017)|
|£229.1 million (2017)|
|£151.7 million (2017)|
Number of employees
UBM plc was a British business-to-business (B2B) events organiser headquartered in London, England, before its acquisition by Informa. It had a long history as a multinational media company. Its current main focus is on B2B events, but its principal operations have included 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 was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Informa in June 2018.
The history of the companies that now make up UBM stretches back almost two hundred years. 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.
The company was founded in 1918 as United Newspapersby 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.In 1985, it bought Express Newspapers and continued to publish the Daily Express for some 15 years. Also in 1985, it bought US trade magazine and book publisher Miller Freeman. It changed its name to United News & Media in 1995, sold its regional papers in 1998, and bought CMP Media, a technology-focused trade media company, in 1999 for $920 million. In 2000, it sold the Daily Express to Richard Desmond, sold most of Miller Freeman to VNU and Reed Elsevier and adopted the name of United Business Media. United Business Media acquired the trade publisher Aprovia UK (owner of The Builder ) in 2003 and the medical publishing company MediMedia in 2004.
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 Anglia Television, the ITV franchise for the east of England,and the following year became a major shareholder in the consortium that won the franchise for Channel 5. In 1996, MAI merged with United Newspapers (via an 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. The stake in Yorkshire Tyne Tees Television was sold to Granada, allowing them to take control of the two franchises in 1997. In November 1997 UBM also launched the now defunct satellite TV Channel Rapture TV which focussed on dance music and extreme sports. The channel was put up for sale in 2001, and was eventually brought by Edinburgh based company Power TV a year later, in April 2002.
United News and Media later agreed to buy Scottish Television's 20% stake in HTVand on 28 June 1997, HTV was taken over fully by UNM for £370 million.
In 1999, plans emerged of a merger between UNM and rival Carlton,however these talks failed when it appeared that Meridian would have to be sold off as a condition of the deal. As a result, the television assets of UNM were sold to 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.
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.In September 2006, NewBay Media acquired CMP Entertainment Media from United Business Media. The trade book operations of CMP were sold to Elsevier and Hal Leonard. It went on to acquire Commonwealth Business Media for $152 million in 2006. 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. In 2010 the principal holding company of the United Business Media group (the "Group") was organised into five operating segments: Events, TD & M, Data Services, Online and Print.
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.
In September 2010, Canon Communications announced that it had agreed to be acquired by UBM.In May 2011, United Business Media officially changed its name to UBM plc. In February 2012 Yankee Group sold its annual 4G World telecoms and wireless trade show to UBM plc where it was incorporated into its UBM Tech division.
Briefing Mediaacquired UBM plc's UK agriculture and medical general practitioner portfolios for £10 million in February 2012 while UBM plc announced the acquisition of four trade shows in Asia for 19.4 million in the same month, marking UBM plc's continuing transformation into an events and B2B marketing services company. 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. In April 2013, UBM's data services businesses were sold to Electra Partners.
In October 2014, UBM announced it would acquire Advanstar Communications for a fee of $972 million.In November 2014 UBM plc CEO,Tim Cobbold, announced a new Events First strategy By 2015, UBM had rebranded itself as primarily focused on B2B events. Reflecting this, 82 percent of its business in 2016 derived from events and only 18 percent from other marketing services. In December 2015, UBM announced the sale of PR Newswire to Cision for $841 million, subject to regulatory approval. UBM had owned the company since 1982. Some analysts interpreted this as a further step in the transition from a diverse media company to a B2B events company. In June 2016 UBM plc announced the completion of the sale of PR Newswire to Cision. In the same month UBM reached agreement to divest its electronics media portfolio to an affiliate of Arrow Electronics Inc. for a cash consideration of $23.5m. The portfolio comprises the US and Asian versions of EE Times, EDN, ESM, Embedded, EBN, TechOnline and Datasheets.com.
In January 2018 Informa announced the acquisition of the company for £4 billion.The transaction was completed in June 2018. In January 2019, Informa sold several of the UBM Life Sciences publications (including Spectroscopy and Psychiatric Times ) to MJH Associates.
UBM was a global B2B events organizer.Its businesses included UBM Asia, UBM EMEA and UBM Americas. It was also a shareholder of ITN and Press Association. UBM's brands included:
Journals (published by Technology Group)
Granada plc was a British conglomerate best known as the parent from 1954 to 2004 of the Manchester-based Granada Television.
ITV plc is a British media company that holds 13 of the 15 regional television licences that make up the ITV network, the oldest and largest commercial terrestrial television network in the United Kingdom. The network, which is branded ITV by ITV plc, has vied with BBC One for the status of the UK's most watched channel since the 1950s.
EE Times is an electronics industry magazine published in the United States since 1972. EE Times is currently owned by AspenCore, an Arrow Electronics company founded by American journalist and publisher Victor Gao in 2015.
Carlton was a British media company. It was led by Michael P. Green and listed on the London Stock Exchange from 1983 until 2 February 2004, when it was bought by Granada plc in a corporate takeover to form ITV plc. Carlton shareholders gained approximately 32% of ITV plc.
PR Newswire is a distributor of press releases headquartered in New York City. The service was created in 1954 to allow companies to electronically send press releases to news organizations, at first using teleprinters. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company.
ITV Meridian is the holder of the ITV franchise for the South and South East of England. The station was launched at 12:00 am on 1 January 1993, replacing previous broadcaster Television South, and is owned and operated by ITV plc, under the licensee of ITV Broadcasting Limited. Meridian Broadcasting Ltd was one of several ITV plc-owned regional companies to have its legal name changed on 29 December 2006, when it became ITV Meridian Ltd. This company is, along with most other regional companies owned by ITV plc, listed with Companies House as a "Dormant company".
Clive Richard Hollick, Baron Hollick is a British businessman with media interests, and a supporter of the Labour Party.
EDN is an electronics industry website and formerly a magazine owned by AspenCore Media, an Arrow Electronics company. The editor-in-chief is Richard Quinnell. EDN was published monthly until, in April 2013, EDN announced that the print edition would cease publication after the June 2013 issue.
Miller Freeman, Inc., was a San Francisco-based publisher of trade books and business magazines, as well as a manager of trade and industry expositions. It was an innovative force in business technology and communications in the 1990s. A substantial part of the company was owned by UBM which is now owned by Informa.
Informa plc is a British multinational publishing, business intelligence, and exhibitions group. Headquartered in London, it is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Spectris plc is a supplier of precision instrumentation and controls. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Cision Ltd. is a public relations and earned media software company and services provider. The company is incorporated in the Cayman Islands and headquartered in Chicago, Illinois; with clients worldwide. The company went public via reverse merger in June 2017. In addition to its web-based PR and earned media software as a service (SaaS) suite the Cision Communications Cloud, the company owns online publicity and media services PRNewswire, PRWeb, Bulletin Intelligence, L'Argus de la presse, Help a Reporter Out (HARO), CEDROM-SNI, Prime Research, and Canada Newswire. The company operates in the United States, Canada, Europe and Asia.
UBM Technology Group was a business-to-business multimedia company that provided information and integrated marketing services to technology professionals worldwide. It offered marketers and advertisers services such as print, newsletters, custom Web sites, and events. Its products and services include newspapers, magazines, Internet products, research, education and training, trade shows and conferences, direct marketing services and custom publishing.
InformationWeek is a digital magazine which conducts corresponding face-to-face events, virtual events, and research. It is headquartered in San Francisco, California and was first published in 1985 by CMP Media, later called Informa. The print edition of the magazine ceased in 2013. The last print issue appeared on June 24, 2013.
ITV Wales and West, previously known as Harlech Television (HTV), was the Independent Television franchise area in the United Kingdom until 31 December 2013, licensed to a broadcaster by the regulator Ofcom.
UBM Canon, founded in 1978 was a diversified business-to-business media company which is now part of Informa that publishes and produces 13 magazines, 54 trade shows & events and 21 web sites.
CRN was first launched as Computer Retail Week on June 7, 1982, as a magazine targeted to computer resellers. It soon after was renamed Computer Reseller News.
NewBay Media, LLC was a magazine and website publisher founded in 2006 and headquartered in New York City.
Light Reading Inc. is a telecommunications industry information company based in New York City. Its activities include publishing, data analysis, market research, and events management.
This is a timeline of the history of Meridian Broadcasting.