Centaur Media ( LSE : CAU ) is a London-based business information, events and marketing provider to professional and commercial markets. It currently operates through two segments: Xeim (marketing and communications), and The Lawyer. It was formed in 1981 by Graham Sherren , and is incorporated as a public limited company .
19-451: Centaur Media was traditionally associated with B2B print magazines such as Marketing Week , The Engineer and The Lawyer on a controlled circulation model. In the words of previous CEO Geoff Wilmot: "We're publishing the titles on behalf of the advertisers but maintaining editorial integrity. Our revenues came from display advertising, classified adverts and recruitment." In 2011, Wilmot, who became CEO from 2006, described Centaur Media as
38-507: A company in a process of change, both structurally and in relation to the emergence of digital media. “We used to describe ourselves as a federation of small businesses. Somebody once said: 'It's more like an archipelago of businesses with a lot of water in between.'" In this period, Centaur Media embarked on a restructuring programme after the recession, with investment in its exhibition and information arms. Wilmot left Centaur in June 2013 along with
57-522: A conditional agreement to sell its engineering portfolio, including The Engineer and the Subcon show, to Mark Allen Group for a £2.5 million cash consideration. The transaction was expected to complete by 31 May 2019. Marketing Week Marketing Week is a website focused on the marketing industry , based in London , that grew out of what was a weekly, and latterly monthly, print magazine. Marketing Week
76-818: A disposal process in 2018-19 that saw Centaur Media divest its financial services division, Centaur Human Resources and engineering portfolio, raising more than £20 million. In September 2019, Centaur Media announced that Vidler was stepping down as CEO, with former CFO Swag Mukerji succeeding her. The company's senior executive management comprises: Swag Mukerji (CEO); Linda Smith (Chief Operating Officer); Howard Chapman (interim CFO); Steve Newbold (Divisional Managing Director, Marcomms Division); Suki Thompson (CEO and Founding Partner of Oystercatchers); and Andy Baker (Divisional Managing Director, Legal Division). Centaur Media shifted its location from Fitzrovia to London's South Bank in December 2019. In July 2017, Centaur Media announced
95-523: A particularly strong performance in classified advertising. Our editorial staff exceeded 20 journalists. Profits reached levels never achieved before (over £6m a year)." Marketing Week is owned by the LSE -listed company Centaur Media plc . ABC primary circulation of the printed magazine for 2009 was 36,619. Like other outlets, Marketing Week has shifted emphasis to its website, which is currently said to attract about 395,000 monthly unique users. In March 2017,
114-595: A rebranded marketing division. On 4 July 2019, Marketing Week announced that it was launching an online subscription service, which, according to editor Russell Parsons, would offer "subscriber exclusives" featuring "insight into the big strategic and leadership challenges" in marketing. Marketing industry The advertising industry is the global industry of public relations and marketing companies, media services , and advertising agencies . Several large advertising agencies, including WPP plc , Omnicom , Publicis Groupe , Interpublic and Dentsu , are among
133-471: A strategy of becoming what Vidler termed a "B2B business information" group, moving away from “a reliance on tactical trade advertising”. This has meant a greater emphasis on information-led digital subscription products. By 2017, Centaur Media's revenue mix was: marketing services 8%; events 42%; digital premium content 24%; digital advertising 14%; and print 10%. In 2014, digital advertising and print had accounted for 15% and 24%, respectively. Vidler oversaw
152-517: A £5 million cash consideration. Completion of the disposal was expected to take place on 30 April 2019. On 1 May 2019, Xeim, Centaur Media's marketing division, announced that its annual Festival of Marketing would henceforth incorporate two previously standalone events, Marketing Week Live and The Insight Show. Festival of Marketing evolved to become a digital event in 2020, as a response to the COVID-19 pandemic. On 9 May 2019, Centaur Media entered into
171-630: Is also involved with Centaur Media's Festival of Marketing, also held annually in London. Marketing Week celebrated its 40th birthday at the most recent Festival of Marketing. In May 2019, it was announced that Marketing Week Live and The Insight Show had been incorporated into the Festival of Marketing. Centaur also publishes the Design Week and Creative Review websites. On 22 January 2019, Centaur Media announced that Marketing Week had become part of Xeim,
190-742: The acquisition of MarketMakers, a UK B2B marketing services business, for £13.4 million. However, in July 2020, as a result of the COVID-19 pandemic, Centaur announced it was to close the MarketMakers business, with only its sister company, Really B2B, retained. In July 2017, Centaur Media sold its Home Interest portfolio to Future for £32 million, including Homebuilding & Renovating , Period Living and Real Homes . On 21 September 2016, Centaur Media acquired brand consultancy company Oystercatchers for £3.35 million. On 22 January 2019, Centaur Media announced that it had brought its various marketing business under
209-451: The fifth (2009–2012), Ruth Mortimer the sixth (2012–2014) and Russell Parsons (2014–). Among other senior staff are Group Managing Director Jane Turner (2016 -) and Ed Tillotson, managing director of the Marketing and Creative Portfolio. Marketing Week’s main columnists include Mark Ritson, Thomas Barta, Helen Edwards, cartoonist Tom Fishburne, Tanya Joseph, and Helen Tupper. Marketing Week
SECTION 10
#1732884649871228-483: The industry's largest. It is a global, multibillion-dollar business that connects manufacturers and consumers. The industry ranges from nonprofit organizations to Fortune 500 companies. In the United States, there are more than 65,000 advertising agencies employing nearly 250,000 employees with annual revenues of $ 166.8 billion as of 2014. In 2016, global advertising sales reached $ 493 billion. For 2017 it
247-698: The managing director of the business publishing division, Tim Potter, with Wilmot shelving a bid to take over the business in October 2013. This transition in Centaur Media continued after the appointment of Andria Vidler as CEO in November 2013. According to an article in The Guardian from August 2014, Vidler inherited a pre-tax loss of £37.4 million in the year to the end of June 2013 and, by year end, debt had grown to £27 million. Under her leadership, Centaur embarked on
266-444: The name Xeim (derived from the term 'Excellence in marketing'), including Creative Review , Design Week , Econsultancy, Marketing Week and Oystercatchers. On 1 April 2019, Centaur Media announced that it had sold its financial services division, including Money Marketing, Mortgage Strategy, Platforum, Taxbriefs and Headline Money, to Metropolis Group for £5 million cash. On 10 April 2019, Centaur Media announced that it had agreed
285-573: The new organisation – a position he held until his early death in 1996. Chamberlain left Centaur in 1988 to take up a career in consultancy. Chamberlain said of this founding period: "While planning AdNews, I received a phone call from an Anthony Nares just before Christmas 1977 saying we should meet. As I recall, he showed me a mock-up front cover of Marketing Week, to which I replied 'you don’t need to tell me any more'. In January 1978, we became partners, with Anthony as managing director and me as editor/publisher. A little over six weeks later Marketing Week
304-399: The once weekly magazine shifted to a monthly frequency. The print magazine was discontinued in October 2020 with print subscribers being shifted to online subscriptions. Despite its long duration, Marketing Week has had only seven editors. Chamberlain was the first, Stephen Foster (1980–1983) the second, Howard Sharman (1983–1988) the third, Stuart Smith (1988–2008) the fourth, Mark Choueke
323-541: The sale of Centaur Media Travel and Meetings Limited, owner of the Business Travel Show and The Meetings Show, to Northstar Travel Media UK Limited for £9.25 million. The sale was expected to be completed by 30 April 2019. On 16 April 2019, it was reported that Centaur Media had agreed the sale of Centaur Human Resources, which includes Employee Benefits, Employee Benefits Live, Employee Benefits Connect and Forum For Expatriate Management, to DVV Media International for
342-505: Was launched in March 1978. Its co-founders were Graham Sherren , Michael Chamberlain , a former editor of the advertising journal Campaign , and Anthony Nares , an entrepreneur who set up Marketing Week Communications Ltd (MWC) shortly before the launch. MWC subsequently launched Creative Review and was later subsumed into Centaur Communications , a buy-in vehicle run by Sherren and Jocelyn Stevens (1982). Nares became managing director of
361-438: Was launched, cover dated 10 March 1978, price 40p, with a core, controlled circulation free to marketers, ad men and selected media people. Haymarket tried to torpedo the project with the launch of MarketFact but it was too late." By the 1990s, according to a previous editor, Stuart Smith, Marketing Week magazine had become an editorial and commercial success: "Spring and autumn editions regularly boasted over 130 pages, thanks to
#870129