EMAP to concentrate on b2b

PaidContent has announced that Emap will sell its consumer magazines and radio divisions to H. Bauer for £1.14 billion, and that from now on it will focus itself on b2b.

Emap will keep its business-to-business publishing division and will now “be a focused B2B business”. It bought retail and food online industry news source Planet Retail for £23 million in August and the Infrastructure Journal online construction news publisher Torcello Publishing for £20 million in July.
Despite having been seen as the most lucrative part of the business, latest half-year earnings showed the division’s revenue was flat, with operating profit down seven percent.

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Guardian goes 24/7

The NUJ has voted at the Guardian for a new contract which scraps from current 9-day-in-any-fortnight cap and increases working weekly hours from 35 to 40. The deal didn’t come cheap: the Guardian agreed to a 4.8% pay increase now and a further inflation-related on next April. And there are new securities covering redundancies, according to paidContent. However, the deal does now allow the firm to ask journalists to work for any part of the organisation, paving the way for the integration of the Guardian and Observer and allowing much more resource to be aligned to the web.

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Vapourware

Wired launches its 10th Annual Vapourware Awards for software (and hardware) which promised to deliver but is just not there. Some of the nominations already on the site:

  • Duke Nukem Forever – delayed countless times
  • Tesla Roadster – the world’s fastest clean energy car (slowest in the world to get built?)
  • IRAQ WMD – well???

and my personal favourite so far

  • Chinese democracy

Anyone can enter and there’s a prize for the best comment, so what are you waiting for…?

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