NEW INDUSTRY REPORTS FROM VERONIS, SUHLER AND WHITESTONE COMM.New industry reports are being published by Whitestone Communications (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ), which will release its Who's Buying Whom on 1999 mergers and acquisitions activity in February, and Veronis, Suhler & Associates (New York), which has released its annual Communications Industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. Report. Whitestone reports that acquisitions among companies in the publishing and information industries "soared" in 1999 when compared to 1998. The total value of acquisitions increased 48% to $58.1 billion while the number of transactions increased 40% to 729. Whitestone said that content-related Internet deals accounted for nearly half of the deal value and about 30% of the number of transactions. The next largest group. of transactions were all below $1 billion. They included Miller Freeman's purchase of CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information Media for $920 million, Willis Stein's acquisition of Ziff-Davis for $780 million, Bertelsmann's purchase of Springer Verlag for $577 million and the sale of Primedia's Supplemental Education Group to Ripplewood Holdings for $415 million. The Communications Industry Report (CIR (Committed Information Rate) In a frame relay network, the average transmission rate in bits per second (typically Kbps) for a virtual circuit. It defines the maximum rate that the network can handle under normal conditions. ) said that "strong acquisition activity continued to drive double- digit asset and revenue growth in the communications industry in 1998." The report tracks 473 publicly reporting companies in 12 industry segments, including b-to-b communications, professional and educational publishing, business information services See Information Systems. and the Internet. Each segment analysis includes five-year company data on revenue, operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. , cash flow, assets, ROA ROA See: Return on assets ROA See: Right of accumulation ROA See return on assets (ROA). and depreciation. For the five-year period 1994-1998, on a compound annual growth rate basis, the b-to-b communications category showed an 11% increase in revenue, a 21.2% increase in assets and an 18.7% increase in operating income. The professional/educational publishing category registered a 5.9% increase in revenue, a 2.2% increase in assets and a 4.4% increase in operating income. The business information services category showed an increase of 14% in revenue, an 18.1% increase in assets and a 15.9% rise in operating income. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion