Many people think that business media companies have too many senior managers. Even those who tackle costs in their own area are vulnerable to being chopped themselves. Simon Middleboe, the CEO of Emap Inform, the print bit of Emap, has been culled from his job after 25 years service.
Labels: Emap Inform
posted by Businessmediablogger @ 4:32 pm
2 comments
Sorry for lack of posts lately. As sometimes happens in the real world, I have been busy. The pain is not over yet. Emap Inform has announced more reducndancies even though the business continues to do well (according to its CEO). The MD of Inform, Simon Middleboe, says the changes are about becoming a multiplatform business and building paid content. Some might think that sounds like a strategy hooked onto the back of inevitable cut backs as the print recession gets worse.
This all comes on the back of Apax writing down the value of their investment in Emap. Apax of course have already lost their shirt on Incisive Media.
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Labels: EMAP, Emap Inform
posted by Businessmediablogger @ 9:51 am
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Business to business commentary for a 21st century media world. Analysis of business magazines and business media, the impact of search, the web and the digital economy.
