'Row over strategy' at Reed
The Independent (Free subscription) | 22/11/2009
A bust-up over "hundreds of millions of pounds" is said to have led to the resignation of Ian Smith at Ftse-100 media giant Reed Elsevier.
Reed Elsevier
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Entertainmnent Industry: Yes, Please Keep Negotiating Secret Copyright Treaty To Save Our Asses
Click World News (Free subscription) | 21/11/2009
Sherwin Siy (one of the few people who actually was allowed to glance briefly at parts of the proposed ACTA treaty, though under strict NDA) has written about yet another letter sent by the entertainment industry to the government in support of ACTA. This letter includes pretty much everyone who benefits from abusing copyright laws and is afraid of the internet: Advertising Photographers of America...
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The MPC meeting minutes this week provided...
Contracts For Difference (CFDs) (Free subscription) | 20/11/2009
The MPC meeting minutes this week provided few surprises. David Miles votes for a bigger extension to the quantitative easing programme with the suggestion of a further £40bn rather the £25bn which was agreed upon. Conversely to that Spencer Dale voted against an extension of quantitative easing on the basis that it will fuel excessive asset price increases. Further discussion included...
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Confidential To Pam Samuelson: Please Add a Teaspoon of Vision to Your Abstract Critique of Google Books
FREELANCE RIGHTS (Free subscription) | 19/11/2009
Fellow Berkeleyan Pam Samuelson, the distinguished University of California law professor and director of the Berkeley Center for Law & Technology, has been commenting on the flawed Google Books settlement for The Huffington Post . Her “New Google Book Settlement Aims Only to Placate Governments” ( http://www.huffingtonpost.com/pamela-samuelson/new-google-book-settlemen_b_358544.html...
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Reed Elsevier’s CEO Quits After 8 Months
Information Today (Free subscription) | 19/11/2009
Reed Elsevier's CEO Ian Smith has resigned just 8 months after taking up the reins of the Anglo-Dutch media giant. The company said that the departure was "by mutual agreement," but it did not divulge further details of the split. Smith will be replaced by Erik Engstrom, CEO of Elsevier, effective immediately. Engstrom had previously been ruled out of the running for the position following...
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Google Squeezes LexisNexis and Westlaw Hard
Beyond Search (Free subscription) | 18/11/2009
Google’s Uncle Sam service is arguably a more effective way to find information from various US government entities. I heard a couple of years ago that Google was indexing the content on various state servers. During that time, LexisNexis (a unit of Reed Elsevier) and Westlaw (a unit of Thomson Reuters) have continued with their [...]
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Informa publishes a promising picture boosted by fresh paper
Times Online (Free subscription) | 18/11/2009
A week after Reed Elsevier pushed out its chief executive and admitted to pressure on profits, yesterday’s trading update from Informa, the rival professional publisher, made happier reading.
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Smith suffers double blow after reversal at Reed Elsevier
Times Online (Free subscription) | 17/11/2009
Ian Smith, the former chief executive of Reed Elsevier, did not enjoy the best of weeks after being dumped rather unceremoniously by Tony Habgood, chairman of the science and medical publishing group.
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LinkedIn announces IPO intentions before the end of June 2010?
The Industry Standard (Free subscription) | 17/11/2009
When it comes to professional social networks, LinkedIn is king. It claims to have 25 million U.S. members (and an equal number of non-U.S. members), and is increasingly seen as a place to look for jobs and build professional connections. In the more than six years since its founding, investors have included Goldman Sachs, Bessemer, The McGraw-Hill Companies, SAP Ventures, Bain Capital Investors,...
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The market seems to be going from...
Contracts For Difference (CFDs) (Free subscription) | 16/11/2009
The market seems to be going from strength to strength which I find a little worrying given where we are at and what next year holds in store from an economic perspective. A strong rally with mutilples where they currently stand is difficult to justify unless we see strong growth next year. Undoubtedly the US is going to enjoyy two or more quarters of almost trend growth, but the UK and Europe will...
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Income Stock - 16 Nov 09
buyside (Free subscription) | 16/11/2009
FTSE 350 Stocks with a covered yield and potential for capital growth: Yielding > 4%, Forecast Yield > 4%, Dividend covered by earnings, Forecast dividend > 1.25 x covered by earnings, PEG ratio Name Close Yield Forecast Yield Forecast Divi Cover Carillion 312.5 4.16 4.50 2.67 Davis Service Group 432.5 4.68 4.69 1.85 De La Rue 992 4.14 4.44 1.67 Interserve 238.4 7.21 7.37 2.44 Balfour Beatty...
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New chief launches Reed review
The Independent (Free subscription) | 15/11/2009
Erik Engstrom, the new chief executive at Ftse 100 media group Reed Elsevier, is to launch a review of the business that could lead to asset sale
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Until You’ve Studied James Grimmelman on Google Settlement 2.0, Don’t Bother Me
FREELANCE RIGHTS (Free subscription) | 14/11/2009
The redoubtable James Grimmelman is first and best out of the gate with a comprehensive analysis of Google Books Settlement 2.0, which was filed late yesterday. Before asking me what I think, go directly to Grimmelman’s “The Laboratorium” ( http://laboratorium.net ). Do not pass “go.” Do not collect $200, especially if you intend to deposit it with the Authors Guild’s...
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Outsiders don't have enough time to master a new sector in recession
The Telegraph (Free subscription) | 12/11/2009
Reed Elsevier is not the most straightforward of companies. It has a complex structure being duallisted in London and Amsterdam and with a secondary listing in New York. And unlike most media groups which are advertisingdependent it does not have one dominant revenue stream. Advertising was just 14pc of Reed's revenues in 2008.
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PA Group CEO Appointed; iCrossing Natural Search Team; Publicis Spain Chief
paidContent:UK (Free subscription) | 12/11/2009
— PA Group : The owner of the Press Association news agency has appointed Clive Marshall its new CEO to replace Paul Potts, who steps down in January. Marshall, currently CEO of the Australian Associated Press (AAP), joins PA in London in February after eight years in Australia; before that he spent eight years at PA in a variety of roles and has also worked at Reed Elsevier ( NYSE: RUK ) and...