Special Preview – Folio BtoB CEO Survey Report 2009

first_imgWhile the “tipping point” is a phrase that typically refers to digital surpassing print, online remains the second largest revenue stream for both larger (15.3 percent) and smaller (15.1 percent) b-to-b publishers. However, digital has surpassed events as a revenue stream for both larger and smaller b-to-b publishers in 2009. While there are some obvious exceptions to that (notably larger event producers like Advanstar), it suggests events have been hit even harder over the last year than expected. And while data/market information sales may be the next big opportunity for b-to-b publishers, it remains the smallest revenue stream, accounting for an average of 3.4 percent of overall revenue for larger publishers and 2 percent of revenue for smaller publishers generating less than $5 million per year. However, as digital strategies, and subsequently lead generation strategies, become more sophisticated, look for data/market information sales to soar over the next few years.   Thirty percent of publishers generating more than $5 million per year in revenue say they expect overall revenue to increase this year, with 20 percent saying the growth will be between 5 percent and 19 percent. However, larger publishers seem more doubtful about growth than smaller publishers, with 35 percent saying revenue will be flat and 33 percent saying it will decrease Meanwhile, the mix of revenue for b-to-b publishers continues to expand although print remains the dominant product, accounting for an average of 54.9 percent for smaller publishers and 52.9 percent for larger publishers (Chart 3) in 2009. Technology InvestmentRamping up the digital business and maximizing cost efficiencies are priorities for most publishers. However, there seems to be a growing divide between smaller and larger b-to-b publishers making significant investment in technology, especially during the downturn. Five percent of larger publishers spent $1 million or more on new technology in 2008, while the majority of respondents in the $5 million+ category say they spent between $100,000 and $249,999 on new technology last year. Just 6 percent say they did not invest in new technology (Chart 4).On the smaller publisher side, the majority of publishers spent less than $10,000 on new technology in 2008, while 23 percent say they did not invest in technology at all. In August, FOLIO: will release a special report analyzing five year’s worth of its B-to-B CEO surveys conducted with Readex Research, tracking everything from revenue performance to profit trends to technology investments and CEO salaries.In advance of the five-year outlook, FOLIO: is offering a preview of some of the findings specific to b-to-b publishers in 2008 and 2009.While b-to-b publishing is obviously challenged (American Business Media’s Business  Information Network says trade ad pages have sunk 28.9 percent for the first two months of 2009, representing 31 straight months of decline), a significant number of respondents to Folio:’s 2009 B-to-B CEO Survey think overall revenue will grow this year. Thirty-nine percent of respondents (Chart 1) generating less than $5 million in revenue per year think they will be up (with 17 percent of that group saying they’ll be up by 10 percent to 19 percent). Meanwhile, 30 percent of smaller publishers say revenue will remain flat from 2008 and 25 percent say it will decrease. Meanwhile, 32 percent of smaller publishers and 37 percent of larger publishers say they will launch an online startup in 2009 (20 percent of larger publishers also say they will launch a print magazine).While M&A remains light, 20 percent of larger publishers expect to acquire another company before the year is out (compared to 8 percent of smaller publishers).last_img read more

POLICE LOG for July 13 Teens Take Off From Group Home DoorToDoor

first_imgWILMINGTON, MA — Here are highlights of the Wilmington Police Log for Saturday, July 13, 2019:Customer in the drive-thru line at Simards reports the person in front of them appears to be sleeping behind the wheel. Police were unable to locate vehicle in question. (12:00am)Police received report of a man soliciting going to door-to-door on a Segway on Fox Run Drive. Police were unable to locate. (1:04pm)Juveniles were reported missing from the Milestone Group Home on High Street. Juveniles were located at Elia’s. Police spoke with staff. Juveniles returned. (2:27pm)Police received an accidental 911 call from a person’s Apple Watch. (5:46pm)(DISCLAIMER: This information is public information.  An arrest does not constitute a conviction.  Any arrested person is innocent until proven guilty.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedPOLICE LOG for July 25: Wilmington Man Arrested For OUI; Men Carrying Sledgehammers Down Street; Turkeys Causing TrafficIn “Police Log”POLICE LOG for July 26: 2 Missing Teens; OUI Arrest; Main St. Shut Down Due To Crash; Road Rage IncidentIn “Police Log”POLICE LOG for August 21: Driver Issued Summons; Solicitors Going Door To Door Without Required PermitIn “Police Log”last_img read more

SoftBank adds to Alibaba sale bringing total to 10 billion

first_imgSoftBank Group Corp (9984.T) said on Friday it was selling a further $1.1 billion of its shares in Alibaba Group Holding Ltd (BABA.N), bringing the total it has sold in the Chinese e-commerce company to $10 billion.Separately, SoftBank agreed to sell most of its remaining stake in mobile gaming company Gungho Online Entertainment (3765.T) back to the company for 73 billion yen ($685.38 million), Gungho said.SoftBank, Alibaba’s top shareholder, on Wednesday said it would sell at least $7.9 billion of shares in Alibaba. That marks SoftBank’s first sale of shares in the Chinese company since it began investing in Alibaba in 2000. The two companies said they would maintain a strategic partnership.SoftBank said it was exercising a greenshoe option to sell more shares in Alibaba. SoftBank, which invests in telecoms and internet companies, sold more shares because of strong demand, a spokesman said.The sale is expected to help reduce debt at Softbank, which also holds a majority stake in U.S. wireless carrier Sprint Corp (S.N). Sprint is loss-making and has embarked on a cost-cutting drive.Singapore state funds bought $1 billion of Alibaba shares in part of the SoftBank sale, Alibaba said on Wednesday.last_img read more