Informa Forecasts 31% Revenue Decline in 2020

London-based Informa plc will officially resume its in-person events business with a three-day beauty expo in China during the second week of July, but says its overall revenues will likely decline by about a third this year as the timeline for the return of large gatherings in North America, its biggest market, remains unclear. In a trading update issued Friday, the global B2B media and exhibitions firm said it expects to generate about £2 billion ($2.5 billion) in overall revenue in 2020, which would represent a 30.8% decline from the £2.89 billion it reported in its 2019 financial results. Following a series of acquisitions and divestments over the past two years, in particular its $5.2 billion merger with exhibitions giant UBM in 2018, Informa says it now generates about 65% of its revenues through its events business. More than 160 of its events originally scheduled for 2020 have been either cancelled or postponed until 2021 as a result of the pandemic, the company said, together representing more than $375 million in revenue. Hundreds of others have been converted to virtual events. "Activity in China has picked up pace through the past month, with authorities recognizing the controlled nature of trade shows and with exhibitors confident and keen to participate to help rekindle trading activity," the company said in the trading update. "In Informa’s largest market, the United States, the Group is now assuming a low probability that any physical events will run... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-06-12 17:17:56 UTC ]
News tagged with: #clarion events #$500 million #informa plc

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How Digital Media Could Help Decide the 2020 Election Winner

Digital media is poised for a major role in the 2020 election season. While we all know that elections are decided based on numerous factors, no one can deny that messages conveyed to would-be voters via media (whether it's paid, earned or owned) plays a major role in swaying the minds of the... Continue reading at AdWeek

[ AdWeek | 2019-10-16 15:10:26 UTC ]
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Sam Lee kicks off Cornerstone 2020 showcase

Mercury-nominated folk singer and author Sam Lee kicked off Cornerstone's 2020 showcase last night with a live performance.  Continue reading at The Bookseller

[ The Bookseller | 2019-10-11 15:38:19 UTC ]
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Mantle signs Shipping Forecast-inspired debut in two-book deal

Pan Mac imprint Mantle has landed the Shipping Forecast-inspired debut novel from Sue Teddern in a two-book deal. Continue reading at The Bookseller

[ The Bookseller | 2019-10-09 03:27:54 UTC ]
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'Star Trek: Picard' debuts January 23rd, 2020

New York Comic Con has proven kind to Star Trek fans this year. To begin with, CBS has confirmed that its All Access series Star Trek: Picard will premiere on January 23rd, 2020. You won't have to wait too much longer to see what has happened with... Continue reading at Engadget

[ Engadget | 2019-10-05 18:47:00 UTC ]
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Gift Yourself A FIYAH Literary Magazine Subscription For 2020

FIYAH literary magazine is the gift that keeps on giving -- treat yourself to a subscription to the award-winning black speculative fiction journal. Continue reading at Book Riot

[ Book Riot | 2019-10-05 10:52:02 UTC ]
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Hodder to publish new Stephen King in May 2020

Hodder & Stoughton has announced a new book by Stephen King, If It Bleeds, will be published in May 2020 featuring four brand new long stories. Continue reading at The Bookseller

[ The Bookseller | 2019-10-04 02:00:34 UTC ]
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Actor Fernandes to co-judge 2020 Blue Peter Book Awards

TV presenter and EastEnders actor Meryl Fernandes has joined the judging panel for the 2020 Blue Peter Book Awards. Continue reading at The Bookseller

[ The Bookseller | 2019-10-02 09:23:36 UTC ]
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Bloomsbury Children's reveals five new non-fiction titles for 2020

Bloomsbury Children’s will publish five new non-fiction titles in 2020, including three new books in the Fantastically Great Women series. Continue reading at The Bookseller

[ The Bookseller | 2019-09-30 04:13:51 UTC ]
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Brand Safety Worries Are Hurting News Publishers Ahead of 2020 Election

Ahead of a contentious 2020 U.S. presidential election, two trade bodies representing media agencies and publishers are working toward more sophisticated brand safety standards and how to apply them to news content. These organizations--the American Association of Advertising Agencies and... Continue reading at AdWeek

[ AdWeek | 2019-09-27 20:14:59 UTC ]
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New Anne Enright novel on fame and sexual power set for 2020

Man Booker-winning author Anne Enright’s next novel, Actress, about sexual power and celebrity, will be published by Jonathan Cape in February 2020. Jonathan Cape publisher Robin Robertson acquired UK and Commonwealth rights excluding Canada from Peter Straus of Rogers, Coleridge & White... Continue reading at The Bookseller

[ The Bookseller | 2019-09-27 08:38:57 UTC ]
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Digiday Publishing Summit Event Briefing: The strain of revenue diversification

Revenue diversification requires balance, discipline and conviction; advertisers want more from publishers every year, but often for the same amount of money they paid last time. Go inside the programming and conversations that defined September's event. The post Digiday Publishing Summit Event... Continue reading at Digiday

[ Digiday | 2019-09-27 04:00:48 UTC ]
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Present Tense: Science Fiction and Fantasy 2019–2020

The future’s uncertain, and the end is always near. Here’s what new SFF has to say about it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-27 04:00:00 UTC ]
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Continental Divide: Science Fiction and Fantasy 2019–2020

Authors look to Africa and its diaspora and find the fantastical and futuristic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-27 04:00:00 UTC ]
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Honda Develops an Animated Comic Series to Promote Its 2020 Civic Hatchback

Honda is backing its redesigned 2020 Honda Civic Hatchback with animated comic series Revenge of the Biospiders on Facebook and Instagram. Revenge of the Biospiders debuted on National Comic Book Day Wednesday. Honda said in an email that it "focuses on an apocalyptic world where genetically... Continue reading at AdWeek

[ AdWeek | 2019-09-26 20:30:57 UTC ]
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'Weaker' Pearson US courseware tumbles 10% but revenues set to stabilise

In a third quarter trading update, Pearson has reported "weaker than expected" performance in its US higher education courseware business, with revenue down around 10%, but it still expects revenues to stabilise for the whole group this year.  Continue reading at The Bookseller

[ The Bookseller | 2019-09-26 09:00:05 UTC ]
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Yellow Kite reveals four new titles for 2020 list

Yellow Kite has revealed four new titles it has acquired for its 2020 list with a programme that covers the "emotional, physical and spiritual needs of our readers", according to publisher Liz Gough. Continue reading at The Bookseller

[ The Bookseller | 2019-09-25 19:17:39 UTC ]
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Publishers Look Beyond the Buy Button to Capitalize on Affiliate Revenue

Affiliate marketing is no longer a side-hustle for publishers, netting only a few pennies on the dollar when readers click a buy button. As online shopping behaviors have matured, retailers have been increasing their spend in areas beyond search and display advertising. This systemic change is... Continue reading at Folio Magazine

[ Folio Magazine | 2019-09-23 15:03:40 UTC ]
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Haig, Horowitz and James among World Book Day 2020 authors

Authors Matt Haig, Anthony Horowitz and Greg James are among those featured on World Book Day’s 2020 list. Continue reading at The Bookseller

[ The Bookseller | 2019-09-22 12:10:19 UTC ]
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Audials One 2020 stream recording suite promises 'ground-breaking recording quality and speed'

Audials AG has released Audials One 2020, a major new version of its comprehensive stream capture suite. The suite brings together all the tools available separately in three other products: Audials Music 2020 (music and audiobook recording), Audials Movie 2020 (video streams) and Audials Radio... Continue reading at Betanews

[ Betanews | 2019-09-16 13:08:51 UTC ]
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Constable delays David Lammy book back to 2020

MP David Lammy’s book on tribalism is being pushed back to the new year due to the looming prospect of a general election. Continue reading at The Bookseller

[ The Bookseller | 2019-09-13 07:51:32 UTC ]
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