Wiesner Financial Media purchases ProducersWEB.Wiesner Financial Media, a division of Wiesner Publishing (Centennial, CO), has acquired ProducersWEB (Philadelphia, PA), a content aggregator An organization that combines information such as news, sports scores, weather forecasts and reference materials from various sources and makes it available to its customers. See customer aggregator. and provider of Internet advertising Delivering ads to Internet users via Web sites, e-mail, ad-supported software and Internet-enabled cellphones. Also called an "ad network," Internet advertising organizations act as a middleman between the advertiser and the Web sites and software publishers that display the ads. and Web-based outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. services in the financial industry. Wiesner Publishing, which publishes "Senior Market Advisor," "Boomer Market Advisor" and "Benefits Selling" magazines, will integrate these Web properties with its other business units, including its data business, Advisors Data Source. No terms of the deal were given. Wiesner was represented in the deal by Berkery, Noyes & Co. (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 ). ProducersWEB provides information and resources designed to help insurance and financial professionals create new revenue opportunities while providing advertising and web-based services to the businesses that serve them. ProducersWEB operates a family of Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the properties and e-publications including Producers Web, (producersweb.com), ProducersLIFE (producerslife.com), Annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. Circle (annuitycircle.com), Sales Circle (prosalecircle.com), Insurance Circle (insurancecircle.com) and Senior Market Circle (seniormarketcircle.com). Wiesner said the purchase "is a crucial step" in its continued focus on providing relevant, timely, useful information for financial advisors, brokers and agents. The deal "enhances our ability to reach advisors and provide them with best practices information and data. ProducersWEB is the perfect match for our publishing, trade show and database businesses," said Dan Wiesner, chief executive officer of Wiesner Publishing. "She decision to move ahead with this transaction was easy. By combining the two companies, we have created a powerhouse A fourth-generation language from Cognos that was introduced in the late 1970s for midrange computers. It supports both character-oriented, terminal-based applications as well as Windows clients. Applications developed under PowerHouse can be imported into Cognos' Axiant client/server environment. for financial information." Besides the three magazines, Wiesner Financial Media annually produces three leading industry events: Senior Market Advisor Expo, Benefits Selling Expo and Boomer Market Advisor INSIGHT. Parent Wiesner Publishing produces six consumer magazines as well as "Colorado Biz Magazine" and "Trucking Times." |
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