Sources
Help build the largest human-edited directory on the web.
Submit a site - Become an editor
Wikipedia. Licensed under the GNU Free Documentation License.
Are you an expert in this subject? Join the discussion and share your knowledge at Wikipedia.org.
EMAP
From Wikipedia, the free encyclopedia
| EMAP plc | |
|---|---|
 |
|
| Type | Public limited company |
| Founded | 1947 |
| Headquarters | London, UK |
| Key people | Alun Cathcart: Executive Chairman Ian Griffiths: CFO Paul Keenan: CEO - Emap Consumer Media |
| Industry | Publishing |
| Revenue |  / Turnover £1.154 Billion GBP (2006) |
| Operating income | £223 Million GBP (2006) |
| Employees | 5,500~ |
| Website | www.emap.com |
EMAP plc (LSE: EMA) is a British media company, specializing in the production of magazines, and the organization of business events and conferences. It also owns several radio and television stations. "EMAP" is an abbreviation of East Midland Allied Press. The company is listed on the London Stock Exchange. After a period as a constituent of the FTSE 100 Index, it has been demoted to the FTSE 250 Index with effect from 16 September 2005.
The group is structurally divided into main branches: "EMAP Consumer Media", "EMAP Communications", "EMAP Radio" and "EMAP Advertising". On 20 June 2006 "EMAP France" was sold to Italian press group Arnoldo Mondadori Editore S.p.A. for €545 million.[1] On 29 September 2006, "EMAP France" became officially "Mondadori France".
On July 27 2007, Emap announced that it was undertaking a review of the structure of the group in response to receiving a number of unsolicited proposals to purchase parts of the company.[2] The announcement effectively put the company up for sale, according to a MediaGuardian article published on the subject. This comes at a time when the company is without a Chief Excutive after the sudden departure of Tom Maloney from the company earlier in the year[3] after a series of profit warnings. Speculation has even arisen of a hostile takeover of the company while it attempts to find a new person to assume the role of Chief Executive, the aforementioned review notwithstanding.
On 12th September 2007, Emap announced that it had completed the disposal of its Australian consumer magazine division, Emap Australia for approximately £38m.[4]
Contents |
EMAP operates seven DAB multiplexes and also three jointly owned multiplexes with UTV which EMAP owns 30%. In addition, EMAP Radio now owns 40 UK and Ireland local commercial radio stations. On 21 June 2005, EMAP acquired 21 radio stations from its purchase of Scottish Radio Holdings.
Twenty of its local contemporary music radio stations based across the north of the United Kingdom are marketed as the Big City Network whilst each of these has a sister station. In England, the stations play oldies jointly marketed as Magic Radio whilst in Scotland and Northern Ireland, they are marketed separately playing similar music to the Magic stations.
In mid-2007, EMAP agreed to sell their Republic of Ireland radio interests to Denis O'Brien's Communicorp Group Limited. However the sale is currently on hold due to the Broadcasting Commission of Ireland's decision on 8 October 2007 to refuse permission for the transfer of the FM104 Independent Local Radio contract to Communicorp, which already holds two ILR contracts in the Dublin city and county franchise area. In addition, an investigation by the Irish Competition Authority is currently pending. As a result of the BCI ruling, Communicorp has agreed to sell FM104 to UTV Media upon its acquisition in order to allow the acquisition of the other stations (Today FM and Highland Radio) to proceed [1]. In addition, on 21 December 2007 it was reported [2] that Communicorp also plans to sell Highland Radio after it acquires it from EMAP.
EMAP's magazines are run by two divisions: EMAP Consumer Media, which encompasses its consumer-oriented magazines, and EMAP Communications, which encompasses its business-to-business portfolio. It has over 150 magazines (or "brands" as they are called internally) in the UK and France, including FHM, Q magazine, and Top Santé. Here are some magazines that are currently owned by EMAP:
- Architects' Journal
- Architectural Review
- Arena
- Bike Magazine
- Performance Bikes Magazine
- Closer
- Drapers and Drapersonline
- Empire
- European Plastics News - sold to Crain Communications Inc. in mid-2007
- FHM
- First
- Grazia
- Heat
- Kerrang!
- MATCH!
- Max Power
- More
- Parker's
- Q
- Zoo
- Motorcycle News (MCN)
- Practical Fishkeeping
- Practical Classics
- Trout and Salmon
- Practical Photography
- CAR magazine
Emap's portfolio of radio stations and its Consumer Media has been sold to Bauer for the total transaction value to £1.14bn (subject to shareholder approval)[5][6].
In a statement, Emap said that the decision to dispose of its radio and consumer media divisions was taken to "best position the company to deliver significant long-term value for shareholders".
The sole remaining part of the group, Emap Communications, will be operated as a focused to business-to-business operation. In addition to providing information services products, it publishes trade magazines including Broadcast.
EMAP ceased publishing many magazines in its history, in particular was a move away from the computing genre during the mid-90s. Here are magazines formerly published by EMAP:
- Computer and Video Games
- CU Amiga Magazine
- Eye magazine – Issue numbers 13–25, 1994–1997.
- Internet Magazine
- Mean Machines
- Nintendo Official Magazine
- Sega Saturn Magazine
- Sinclair User
- Smash Hits
- SPORT
- ST Review
- The One
- The Face
- ^ "Sale of EMAP France agreed", EMAP, 2006-06-20.
- ^ "Review of group structure", EMAP, 2007-07-27.
- ^ "Change of group chief executive", EMAP, 2007-05-17.
- ^ "Sale of Australian consumer magazines business", EMAP, 2007-09-12.
- ^ "Agreements with Heinrich Bauer Verlag KG ("Bauer") to sell Emap Consumer Media and Emap Radio", EMAP, 2006-12-07.
- ^ "H. Bauer Publishing Successful in Bid for Emap", H. Bauer Publishing, 2006-12-07.
